Patterson Companies Inc (PDCO)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 989,561 | 963,010 | 951,989 | 1,001,140 | 1,001,140 | 971,482 | 971,482 | 1,055,090 | 1,054,300 | 1,111,240 | 1,110,340 | 1,118,540 | 1,117,540 | 1,101,300 | 1,101,300 | 1,040,900 | 1,040,900 | 1,025,890 | 1,025,890 | 1,042,640 |
| ROE | 14.02% | 18.13% | 20.53% | 22.92% | 20.22% | 18.05% | 16.35% | 13.49% | 16.83% | 19.11% | 21.17% | 23.05% | 21.20% | 19.61% | 16.95% | 15.11% | 16.06% | 16.58% | 19.74% | 21.70% |
January 31, 2025 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $138,775K ÷ $989,561K
= 14.02%
Based on the provided data, Patterson Companies Inc's return on equity (ROE) has shown some fluctuations over the period from April 2022 to January 2025. The ROE started at 21.70% in April 2022 and generally exhibited a decreasing trend until January 2024, reaching a low of 13.49%. However, there was a notable improvement in ROE from April 2024 onwards, peaking at 22.92% in April 2024.
Overall, Patterson Companies Inc's ROE has experienced variability, with periods of both increases and decreases. It is important to further investigate the factors influencing these fluctuations in ROE to assess the company's performance and financial health accurately.
Peer comparison
Jan 31, 2025