Patterson Companies Inc (PDCO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 252,924 | 270,247 | 276,157 | 279,349 | 275,971 | 243,699 | 228,610 | 231,375 | 157,002 | 121,512 | 122,360 | 133,206 | 210,607 | -441,204 | -459,069 | -550,921 | -572,119 | 88,967 | 90,514 | 149,876 |
| 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 |
| Operating profit margin | 3.85% | 4.12% | 4.22% | 4.28% | 4.26% | 3.81% | 3.58% | 3.61% | 2.42% | 1.89% | 1.92% | 2.12% | 3.56% | -7.83% | -8.28% | -10.19% | -10.42% | 1.58% | 1.62% | 2.69% |
April 27, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $252,924K ÷ $6,568,270K
= 3.85%
The operating profit margin of Patterson Companies Inc has shown fluctuations over the past several quarters. In the most recent quarter, the operating profit margin was 3.85%, representing a slight decrease from the previous quarter's 4.12%. The trend has been generally positive since the first quarter of 2023, where the operating profit margin was 1.89% and has since improved to the 3-4% range. However, there were periods of decline in profitability during the third and forth quarters of 2021, with negative margins reported.
It is important to note that the operating profit margin is a key indicator of a company's operational efficiency and profitability, reflecting the company's ability to control costs and generate earnings from its core business activities. Patterson Companies Inc should continue to monitor and manage its operating expenses and revenue generation strategies to sustain and improve its operating profit margin in the future.
Peer comparison
Apr 27, 2024