Patterson Companies Inc (PDCO)
Gross profit margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,332,680 | 1,383,011 | 1,405,925 | 1,444,322 | 1,412,193 | 1,380,064 | 1,348,113 | 1,316,162 | 1,366,897 | 1,417,632 | 1,441,539 | 1,465,446 | 1,403,774 | 1,342,102 | 1,311,273 | 1,280,444 | 1,300,594 | 1,309,116 | 1,333,594 | 1,347,896 |
| Revenue (ttm) | US$ in thousands | 6,511,190 | 6,661,440 | 6,603,160 | 6,677,520 | 6,607,630 | 6,537,740 | 6,498,380 | 6,459,020 | 6,527,400 | 6,595,780 | 6,619,890 | 6,644,000 | 6,549,050 | 6,454,100 | 6,376,510 | 6,298,920 | 6,311,490 | 6,281,890 | 6,355,230 | 6,481,130 |
| Gross profit margin | 20.47% | 20.76% | 21.29% | 21.63% | 21.37% | 21.11% | 20.75% | 20.38% | 20.94% | 21.49% | 21.78% | 22.06% | 21.43% | 20.79% | 20.56% | 20.33% | 20.61% | 20.84% | 20.98% | 20.80% |
January 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,332,680K ÷ $6,511,190K
= 20.47%
Patterson Companies Inc's gross profit margin has shown fluctuations over the analyzed periods, ranging from a low of 20.33% on October 31, 2022, to a high of 22.06% on April 30, 2023. The trend indicates some variability but generally an increasing pattern in the latter part of the period. The company experienced a notable improvement in gross profit margin from January 27, 2024, to April 30, 2024, where the margin increased from 20.75% to 21.63%.
Overall, the average gross profit margin over the analyzed periods is relatively stable but with some variability. It's important for investors and stakeholders to closely monitor Patterson Companies Inc's gross profit margin to assess the company's ability to generate profits from its core operations and manage production costs effectively.
Peer comparison
Jan 31, 2025