Patterson Companies Inc (PDCO)
Net profit margin
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 185,931 | 185,931 | 207,557 | 207,557 | 203,210 |
| Revenue | US$ in thousands | 6,568,270 | 6,568,270 | 6,471,470 | 6,471,470 | 6,499,400 |
| Net profit margin | 2.83% | 2.83% | 3.21% | 3.21% | 3.13% |
April 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $185,931K ÷ $6,568,270K
= 2.83%
Patterson Companies Inc's net profit margin has shown some fluctuations over the period analyzed. The net profit margin stood at 3.13% as of April 30, 2022, indicating that for every dollar of revenue generated, the company retained $0.0313 as profit. This margin slightly increased to 3.21% as of April 29, 2023, and maintained this level through April 30, 2023.
However, there was a decline in the net profit margin to 2.83% as of April 27, 2024, remaining at the same level as of April 30, 2024. This decrease suggests that Patterson Companies Inc may have experienced challenges in maintaining profitability relative to its revenue during this period.
Overall, while the company's net profit margin has exhibited some variability, it is essential for Patterson Companies Inc to monitor and address factors impacting its profitability to ensure sustainable financial performance in the future.
Peer comparison
Apr 30, 2024