Patterson Companies Inc (PDCO)
Net profit margin
| Apr 27, 2024 | Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | Apr 24, 2021 | Jan 23, 2021 | Oct 24, 2020 | Jul 25, 2020 | Apr 25, 2020 | Jan 25, 2020 | Oct 26, 2019 | Jul 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 185,931 | 193,860 | 200,086 | 214,201 | 207,557 | 196,470 | 199,547 | 193,804 | 203,210 | 168,087 | 159,840 | 165,570 | 155,981 | -481,360 | -506,892 | -594,081 | -588,446 | 48,130 | 56,128 | 118,126 |
| Revenue (ttm) | US$ in thousands | 6,568,270 | 6,566,760 | 6,551,510 | 6,524,940 | 6,471,460 | 6,389,080 | 6,384,830 | 6,407,790 | 6,499,410 | 6,422,430 | 6,377,100 | 6,281,110 | 5,912,070 | 5,636,740 | 5,541,630 | 5,407,200 | 5,490,010 | 5,640,260 | 5,580,840 | 5,566,850 |
| Net profit margin | 2.83% | 2.95% | 3.05% | 3.28% | 3.21% | 3.08% | 3.13% | 3.02% | 3.13% | 2.62% | 2.51% | 2.64% | 2.64% | -8.54% | -9.15% | -10.99% | -10.72% | 0.85% | 1.01% | 2.12% |
April 27, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $185,931K ÷ $6,568,270K
= 2.83%
The net profit margin of Patterson Companies Inc has shown some fluctuations over the past few years. There seems to be a slight downward trend in the net profit margin from the most recent quarters, with the margin ranging from 2.51% to 3.28%. However, there was a significant decrease in the net profit margin in the last two quarters of fiscal year 2021 and the first quarter of fiscal year 2022, with margins as low as -10.99% and -10.72%, which may indicate challenges or unusual circumstances during that period.
Overall, the company's net profit margin has generally been in the range of 2% to 3%, indicating that the company is able to generate a moderate level of profit relative to its revenue. It is important for Patterson Companies Inc to monitor and manage its operating expenses and revenue generation strategies to maintain and potentially improve its net profit margin in the future.
Peer comparison
Apr 27, 2024