Patterson Historical Income Statement
| PDCO Stock | USD 21.49 0.03 0.14% |
Historical analysis of Patterson Companies income statement accounts such as Other Operating Expenses of 6.6 B, Operating Income of 225.9 M, EBIT of 246 M or Ebitda of 272.9 M can show how well Patterson Companies performed in making a profits. Evaluating Patterson Companies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Patterson Companies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Patterson Companies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Patterson Companies is a good buy for the upcoming year.
Patterson |
About Patterson Income Statement Analysis
Patterson Companies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Patterson Companies shareholders. The income statement also shows Patterson investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Patterson Companies Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Patterson Companies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Patterson Companies minus its cost of goods sold. It is profit before Patterson Companies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Patterson Companies. It is also known as Patterson Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Patterson Companies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Patterson Companies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Patterson Companies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Patterson Companies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.At this time, Patterson Companies' Research Development is very stable compared to the past year. As of the 1st of December 2024, Minority Interest is likely to grow to about 628.8 K, while Gross Profit is likely to drop about 894.1 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.3B | 1.4B | 1.4B | 894.1M | Total Revenue | 6.5B | 6.5B | 6.6B | 6.9B |
Patterson Companies income statement Correlations
Click cells to compare fundamentals
Patterson Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Patterson Companies income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 206.3K | 78.9M | 82.0M | 83.7M | 88.2M | 92.6M | |
| Interest Expense | 41.8M | 24.3M | 20.3M | 33.6M | 44.9M | 47.2M | |
| Total Revenue | 5.5B | 5.9B | 6.5B | 6.5B | 6.6B | 6.9B | |
| Gross Profit | 1.2B | 1.2B | 1.3B | 1.4B | 1.4B | 894.1M | |
| Other Operating Expenses | 5.4B | 5.7B | 6.3B | 6.2B | 6.3B | 6.6B | |
| Operating Income | 126.4M | 210.6M | 157.0M | 276.0M | 252.9M | 225.9M | |
| Ebit | 208.4M | 222.9M | 285.2M | 302.4M | 286.6M | 246.0M | |
| Ebitda | 208.6M | 301.7M | 367.2M | 386.1M | 374.8M | 272.9M | |
| Cost Of Revenue | 4.3B | 4.7B | 5.2B | 5.1B | 5.2B | 5.4B | |
| Total Operating Expenses | 1.1B | 992.5M | 1.1B | 1.1B | 1.1B | 668.6M | |
| Income Before Tax | (590.4M) | 199.9M | 266.3M | 270.2M | 243.1M | 194.3M | |
| Total Other Income Expense Net | (716.8M) | (10.7M) | 109.3M | (5.8M) | (9.9M) | (10.4M) | |
| Net Income | (589.4M) | 156.0M | 203.2M | 207.6M | 185.9M | 124.1M | |
| Income Tax Expense | (1.0M) | 44.8M | 64.5M | 63.6M | 57.5M | 70.5M | |
| Net Income Applicable To Common Shares | (588.4M) | 156.0M | 203.2M | 207.6M | 186.8M | 114.1M | |
| Net Income From Continuing Ops | (591.4M) | 155.1M | 201.7M | 206.6M | 185.5M | 107.0M | |
| Non Operating Income Net Other | 23.5M | 13.6M | 129.5M | 27.8M | 32.0M | 19.9M | |
| Tax Provision | (1.0M) | 44.8M | 64.5M | 63.6M | 57.5M | 41.5M | |
| Minority Interest | (921K) | (872K) | (1.5M) | 959K | 412K | 628.8K | |
| Net Interest Income | (41.8M) | (24.3M) | (20.3M) | (33.6M) | (44.9M) | (47.2M) | |
| Reconciled Depreciation | 82.2M | 78.9M | 82.0M | 83.7M | 88.2M | 91.5M |
Pair Trading with Patterson Companies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Patterson Companies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Patterson Companies will appreciate offsetting losses from the drop in the long position's value.Moving against Patterson Stock
The ability to find closely correlated positions to Patterson Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Patterson Companies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Patterson Companies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Patterson Companies to buy it.
The correlation of Patterson Companies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Patterson Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Patterson Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Patterson Companies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson Companies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Patterson Stock, please use our How to Invest in Patterson Companies guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson Companies. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.53) | Dividend Share 1.04 | Earnings Share 1.81 | Revenue Per Share 71.704 | Quarterly Revenue Growth (0.02) |
The market value of Patterson Companies is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson Companies' value that differs from its market value or its book value, called intrinsic value, which is Patterson Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson Companies' market value can be influenced by many factors that don't directly affect Patterson Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.