The Fortune 500 ranks companies based on their total revenues each fiscal year.
Henry Schein, Inc., (Nasdaq: HSIC) a provider of health-care products and services to office-based dental, animal health and medical practitioners, has announced that it has moved up to 268 in the ranking of the Fortune 500, celebrating its 13th year as one of America's largest corporations. The Company was ranked 287 in last year's edition of the Fortune 500.
Henry Schein had net sales in 2015 of $10.6 billion, up from $4.1 billion in 2004 when it first debuted on the Fortune 500 at 487. Since Henry Schein became a public company in 1995, its have grown at a compound annual rate of 15%.
READ MORE | Henry Schein reports record first-quarter results
The Fortune 500 list is an annual ranking of America's largest corporations based on total revenues for their respective fiscal years. Included in the surveys are companies that are incorporated and operate in the United States and file financial statements with a government agency. To view the list, visit http://fortune.com/fortune500/.
Henry Schein has also been a Fortune Most Admired Company for 15 consecutive years. In 2016, the Company ranked first in the Wholesalers: Health Care industry for the third year in a row. It also ranked first in its industry in all nine subcategories that comprise the overall ranking: management quality; quality of products and services; innovativeness; value as a long-term investment; soundness of financial position; ability to attract, develop and retain talent; community responsibility; wise use of corporate assets; and effectiveness in conducting a global business.
Source: Henry Schein press release 6 June 2016
