Patterson Companies Inc (PDCO)
Return on assets (ROA)
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 27, 2024 | Jan 31, 2024 | Jan 27, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 138,775 | 174,556 | 195,490 | 229,478 | 202,400 | 175,322 | 158,853 | 142,384 | 177,391 | 212,398 | 235,093 | 257,788 | 236,896 | 216,004 | 186,665 | 157,326 | 167,131 | 170,064 | 202,480 | 226,220 |
| Total assets | US$ in thousands | 2,832,590 | 2,845,600 | 2,874,760 | 2,969,060 | 2,896,730 | 2,939,950 | 2,939,950 | 2,889,690 | 2,889,690 | 2,883,630 | 2,883,630 | 2,879,150 | 2,879,150 | 2,941,990 | 2,941,990 | 2,880,470 | 2,880,470 | 2,758,370 | 2,758,370 | 2,741,630 |
| ROA | 4.90% | 6.13% | 6.80% | 7.73% | 6.99% | 5.96% | 5.40% | 4.93% | 6.14% | 7.37% | 8.15% | 8.95% | 8.23% | 7.34% | 6.34% | 5.46% | 5.80% | 6.17% | 7.34% | 8.25% |
January 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $138,775K ÷ $2,832,590K
= 4.90%
The Return on Assets (ROA) of Patterson Companies Inc has shown fluctuations over the periods indicated in the data provided. ROA is a financial metric that measures a company's efficiency in generating profits relative to its total assets.
Based on the data:
- The ROA ranged from 4.90% to 8.95% during the periods.
- The highest ROA was recorded on April 30, 2023, at 8.95%, indicating that the company was able to generate a higher level of profit relative to its assets in that period.
- The lowest ROA was observed on October 31, 2023, at 4.93%, which reflects a lower profitability level in relation to the company's assets during that time.
- Overall, the ROA seems to have experienced some variability, with fluctuations noted across different quarters.
It is important for investors and analysts to closely monitor the ROA trend over time as it can provide insights into the company's operational efficiency and profitability levels. A consistently high ROA indicates effective asset utilization and strong financial performance, while a declining trend may signal inefficiencies in asset management or declining profitability.
Peer comparison
Jan 31, 2025