Patterson Companies Inc (PDCO)

Pretax margin

		Apr 30, 2024	Apr 27, 2024	Apr 30, 2023	Apr 29, 2023	Apr 30, 2022
Earnings before tax but after interest (EBT)	US$ in thousands	243,053	243,465	270,161	271,120	266,254
Revenue	US$ in thousands	6,568,270	6,568,270	6,471,470	6,471,470	6,499,400
Pretax margin		3.70%	3.71%	4.17%	4.19%	4.10%

April 30, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $243,053K ÷ $6,568,270K
= 3.70%

Patterson Companies Inc's pretax margin has shown fluctuation over the period analyzed. It stood at 4.10% on April 30, 2022, slightly increasing to 4.19% by April 29, 2023. Subsequently, there was a minor decrease to 4.17% on April 30, 2023. However, a more significant decline was observed by April 27, 2024, where the pretax margin dropped to 3.71%, with a marginal decrease to 3.70% by April 30, 2024. These fluctuations highlight the importance of closely monitoring and evaluating the company's operating efficiency and cost management strategies to sustain and improve profitability levels.

Peer comparison

Apr 30, 2024

Company name

Symbol

Pretax margin

Patterson Companies Inc

PDCO

3.70%