Patterson Companies Stock

Patterson Companies ROA 2024

Patterson Companies ROA

0.06

Ticker

PDCO

ISIN

US7033951036

WKN

A0B6VB

In 2024, Patterson Companies's return on assets (ROA) was 0.06, a -13.4% increase from the 0.07 ROA in the previous year.

Patterson Companies Aktienanalyse

What does Patterson Companies do?

Patterson Companies Inc is a US company specializing in the distribution of products and services for the veterinary and dental sectors. The company's history dates back to 1877, when James Patterson Sr. founded a shipping company, which later became a major player in the logistics industry. The Patterson family also ventured into the timber industry by acquiring land in northern Minnesota, gaining increasing importance in the state's economy. After World War II, the company had to adapt as the demand for timber declined. The company's president at the time, James Patterson Jr., decided to focus on products and services for the veterinary market. In 1953, Patterson Dental Company was established, which grew to become one of the largest dental product distributors in the US in the following years. In the 1980s, the company expanded its portfolio to include the distribution of veterinary products and services. In 1986, Patterson Veterinary Supply was founded, which remains an important part of the company today. Later, Patterson Medical was established, specializing in the distribution of medical supplies and equipment. Patterson Companies Inc's business model is based on providing products and services for dental and veterinary practices. This includes not only selling products, but also supporting customers in optimizing their business processes. The company offers training and consulting services to help customers run their practices more successfully. In the dental products sector, Patterson offers a wide range of products, from dental chairs and instruments to materials used in dentistry. This includes dental prosthetics, disinfectants, and computer software. In the veterinary products sector, the company offers laboratory diagnostics, as well as animal feed and supplements. Similar to the dental sector, Patterson provides comprehensive services, including training and education. Patterson Medical focuses on rehabilitation products and mobility aids, such as wheelchairs, walking aids, and rehabilitation devices. They also offer a range of services to help customers optimize their business processes. Overall, Patterson Companies Inc employs around 7,000 employees and operates in the US, Canada, and the UK. The company has been listed on the Nasdaq stock exchange since 1984 and is currently one of the largest distributors of dental and veterinary products in North America. In conclusion, Patterson Companies Inc is a company specializing in the distribution of products and services for the veterinary and dental sectors. Their business model revolves around not only selling products, but also supporting customers in improving their business processes. They operate in various sectors, including dental products, veterinary products, and rehabilitation and mobility aids. Patterson Companies ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Patterson Companies's Return on Assets (ROA)

Patterson Companies's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Patterson Companies's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Patterson Companies's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Patterson Companies’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Patterson Companies stock

What is the Return on Assets (ROA) of Patterson Companies this year?

The Return on Assets (ROA) of Patterson Companies is 0.06 undefined this year.

What was the ROA of Patterson Companies compared to the previous year?

The ROA of Patterson Companies has increased by -13.4% compared to the previous year.

What consequences do high ROA have for investors of Patterson Companies?

A high ROA is advantageous for investors of Patterson Companies, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Patterson Companies?

A low ROA can be unfavorable for investors of Patterson Companies as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Patterson Companies affect the company?

An increase in ROA of Patterson Companies can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Patterson Companies impact the company?

A reduction in the ROA of Patterson Companies can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Patterson Companies?

Some factors that can influence the ROA of Patterson Companies include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Patterson Companies important for investors?

The ROA of Patterson Companies is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Patterson Companies take to improve ROA?

To improve ROA, Patterson Companies can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Patterson Companies pay?

Over the past 12 months, Patterson Companies paid a dividend of 0.78 USD . This corresponds to a dividend yield of about 3.77 %. For the coming 12 months, Patterson Companies is expected to pay a dividend of 0.83 USD.

What is the dividend yield of Patterson Companies?

The current dividend yield of Patterson Companies is 3.77 %.

When does Patterson Companies pay dividends?

Patterson Companies pays a quarterly dividend. This is distributed in the months of November, February, May, August.

How secure is the dividend of Patterson Companies?

Patterson Companies paid dividends every year for the past 19 years.

What is the dividend of Patterson Companies?

For the upcoming 12 months, dividends amounting to 0.83 USD are expected. This corresponds to a dividend yield of 4.03 %.

In which sector is Patterson Companies located?

Patterson Companies is assigned to the 'Health' sector.

Wann musste ich die Aktien von Patterson Companies kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patterson Companies from 8/2/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 7/19/2024.

When did Patterson Companies pay the last dividend?

The last dividend was paid out on 8/2/2024.

What was the dividend of Patterson Companies in the year 2023?

In the year 2023, Patterson Companies distributed 1.04 USD as dividends.

In which currency does Patterson Companies pay out the dividend?

The dividends of Patterson Companies are distributed in USD.

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Andere Kennzahlen von Patterson Companies

Our stock analysis for Patterson Companies Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson Companies Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.