Patterson Companies Inc (PDCO)
Operating profit margin
| Apr 30, 2024 | Apr 27, 2024 | Apr 30, 2023 | Apr 29, 2023 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 252,924 | 252,924 | 275,971 | 275,971 | 157,002 |
| Revenue | US$ in thousands | 6,568,270 | 6,568,270 | 6,471,470 | 6,471,470 | 6,499,400 |
| Operating profit margin | 3.85% | 3.85% | 4.26% | 4.26% | 2.42% |
April 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $252,924K ÷ $6,568,270K
= 3.85%
Patterson Companies Inc's operating profit margin has shown some fluctuations over the past few years. In April 2022, the operating profit margin was relatively low at 2.42%. However, there was a significant improvement in April 2023, where the operating profit margin increased to 4.26%. This level was maintained in the following year, April 2023.
In April 2024, there was a slight decrease in the operating profit margin to 3.85%, still above the level in April 2022 but lower than the previous two years. Overall, Patterson Companies Inc has been able to improve its operating profit margin over the years, with some variability in performance. Further analysis of the factors driving these fluctuations would be necessary to understand the company's financial health and operating efficiency.
Peer comparison
Apr 30, 2024