Patterson Companies Inc (PDCO)
Operating profit margin
| Apr 27, 2024 | Apr 29, 2023 | Apr 30, 2022 | Apr 24, 2021 | Apr 25, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 252,924 | 275,971 | 157,002 | 210,607 | -572,119 |
| Revenue | US$ in thousands | 6,568,270 | 6,471,470 | 6,499,400 | 5,912,070 | 5,490,010 |
| Operating profit margin | 3.85% | 4.26% | 2.42% | 3.56% | -10.42% |
April 27, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $252,924K ÷ $6,568,270K
= 3.85%
Patterson Companies Inc's operating profit margin has shown fluctuation over the past five years. In the most recent fiscal year ending on April 27, 2024, the operating profit margin stood at 3.85%, which was a decrease from the previous year's margin of 4.26% recorded on April 29, 2023. The 2024 margin was an improvement compared to the margin of 2.42% on April 30, 2022, but lower than the margin of 3.56% reported on April 24, 2021.
Notably, the company experienced a significant decline in operating profit margin in the fiscal year ending on April 25, 2020, with a margin of -10.42%, indicating a loss in operations for that period. Overall, Patterson Companies Inc's operating profit margin has been volatile in recent years, reflecting potential challenges in maintaining profitability and operational efficiency. It would be advisable for stakeholders to monitor the company's operating performance closely and evaluate strategies to improve operational profitability.
Peer comparison
Apr 27, 2024