HSIC · 10-Q · 2026Q3 · Full report
Liquidity and Debt Position
HENRY SCHEIN INC · 2026-11-03 · Importance 54 · Surprise 40 · From source text
At September 26, 2026, total debt was $3.524 billion, compared with $3.107 billion at December 27, 2025, an increase of $417 million (about 13%). Working capital was $1.178 billion at September 26, 2026, versus $1.236 billion at December 27, 2025, a decrease of $58 million. Operating-lease right-of-use assets were $336 million, with current and non-current operating lease liabilities of $79 million and $288 million, respectively, at September 26, 2026. Redeemable noncontrolling interests increased to $914 million from $895 million over the same dates.
Key facts
- Henry Schein's long-term debt was $2,382 million at September 26, 2026 and $2,310 million at December 27, 2025. source
- Henry Schein's total debt was $3,524 million at September 26, 2026 and $3,107 million at December 27, 2025. source
- As of September 26, 2026, Henry Schein's operating lease right-of-use assets were $336 million, and current and non-current operating lease liabilities were $79 million and $288 million, respectively. source
- Henry Schein's redeemable noncontrolling interests balance was $914 million as of September 26, 2026 and $895 million as of December 27, 2025. source
- Lower net borrowings and lower payments for acquisitions of noncontrolling interests and contingent consideration were among the factors contributing to a $156 million net change in financing activities. source
- Net cash used in financing activities was $138 million for the nine months ended September 26, 2026, compared with net cash provided by financing activities of $18 million in the prior year period. source
- Henry Schein finances its business to provide adequate funding for at least 12 months. source
- Henry Schein stated that cash and cash equivalents, access to private debt and public equity markets, and available credit-facility funds provide sufficient liquidity for currently foreseeable short- and long-term capital needs. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -3.6% | Henry Schein's total debt was $3,524 million at September 26, 2026 and $3,107 million at December 27, 2025. |