Patterson Companies Inc (PDCO)
Gross profit margin
| Apr 27, 2024 | Apr 29, 2023 | Apr 30, 2022 | Apr 24, 2021 | Apr 25, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,380,240 | 1,372,940 | 1,289,090 | 1,203,130 | 1,197,410 |
| Revenue | US$ in thousands | 6,568,270 | 6,471,470 | 6,499,400 | 5,912,070 | 5,490,010 |
| Gross profit margin | 21.01% | 21.22% | 19.83% | 20.35% | 21.81% |
April 27, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,380,240K ÷ $6,568,270K
= 21.01%
The gross profit margin of Patterson Companies Inc has shown some fluctuation over the past five years. In the most recent fiscal year ending April 27, 2024, the gross profit margin was 21.01%, slightly lower than the previous year's margin of 21.22%. Compared to two years ago, the margin has increased from 19.83% to the current level. However, it is still below the gross profit margin of 21.81% reported three years ago. Overall, while there has been variability in the gross profit margin, the company has managed to maintain a margin above 20% in recent years. Further analysis of the company's cost structure and revenue streams may provide insights into the factors influencing these fluctuations in gross profit margin.
Peer comparison
Apr 27, 2024