Patterson Companies Inc (PDCO)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 243,465 | 255,407 | 262,726 | 280,444 | 271,120 | 254,770 | 261,064 | 254,421 | 267,750 | 220,855 | 205,856 | 212,103 | 200,803 | -467,847 | -498,717 | -596,202 | -589,486 | 79,895 | 87,890 | 152,517 |
| 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 |
| Pretax margin | 3.71% | 3.89% | 4.01% | 4.30% | 4.19% | 3.99% | 4.09% | 3.97% | 4.12% | 3.44% | 3.23% | 3.38% | 3.40% | -8.30% | -9.00% | -11.03% | -10.74% | 1.42% | 1.57% | 2.74% |
April 27, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $243,465K ÷ $6,568,270K
= 3.71%
Patterson Companies Inc's pretax margin has shown some fluctuation over the periods analyzed. It has generally ranged between 3% to 4%, indicating that the company is able to generate a reasonable level of profit before taking into account taxes and interest expenses. However, there has been a notable decline in the pretax margin in the last few quarters, particularly in the most recent quarter. The negative pretax margins in the earlier periods indicate that the company incurred losses before accounting for taxes and interest expenses. Overall, it is important for Patterson Companies Inc to monitor and potentially improve its pretax margin to ensure sustained profitability and financial health.
Peer comparison
Apr 27, 2024