Patterson Companies Inc (PDCO)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 231,507 | 278,190 | 304,173 | 347,206 | 311,028 | 274,859 | 251,317 | 227,769 | 273,628 | 319,506 | 348,742 | 377,615 | 346,055 | 314,797 | 272,062 | 229,916 | 238,665 | 239,713 | 283,972 | 316,341 |
| Long-term debt | US$ in thousands | — | — | — | — | 328,911 | — | 448,219 | — | 449,974 | — | 450,603 | — | 451,231 | — | 451,910 | — | 485,522 | — | 488,809 | — |
| 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 |
| Return on total capital | 23.39% | 28.89% | 31.95% | 34.68% | 23.38% | 28.29% | 17.70% | 21.59% | 18.19% | 28.75% | 22.34% | 33.76% | 22.06% | 28.58% | 17.52% | 22.09% | 15.64% | 23.37% | 18.75% | 30.34% |
January 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $231,507K ÷ ($—K + $989,561K)
= 23.39%
Patterson Companies Inc has shown fluctuations in its return on total capital over the periods indicated in the data provided. The trend indicates some variability, with the return on total capital ranging from 15.64% to 34.68%.
The return on total capital was relatively high in several periods, such as April 30, 2022, where it stood at 30.34%, and April 30, 2023, at 33.76%. These figures suggest that the company efficiently utilizes its total capital to generate profits during those periods.
However, there were also instances of lower return on total capital, like on October 29, 2022, where it was 15.64%. This could indicate challenges in effectively deploying capital to generate returns during that specific period.
Overall, Patterson Companies Inc's return on total capital fluctuated throughout the periods, showcasing a mix of strong and weaker performance. Investors and stakeholders may want to further examine the factors influencing these fluctuations to gain a deeper understanding of the company's financial performance and efficiency in utilizing its capital.
Peer comparison
Jan 31, 2025