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Patterson (STU:PD2) 10-Year ROIIC % : -0.19% (As of Apr. 2024)


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What is Patterson 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Patterson's 10-Year ROIIC % for the quarter that ended in Apr. 2024 was -0.19%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Patterson's 10-Year ROIIC % or its related term are showing as below:

STU:PD2's 10-Year ROIIC % is ranked worse than
72.53% of 91 companies
in the Medical Distribution industry
Industry Median: 5.46 vs STU:PD2: -0.19

Patterson 10-Year ROIIC % Historical Data

The historical data trend for Patterson's 10-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Patterson 10-Year ROIIC % Chart

Patterson Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.36 71.68 94.47 -135.85 -0.19

Patterson Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
10-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -0.19 - -

Competitive Comparison of Patterson's 10-Year ROIIC %

For the Medical Distribution subindustry, Patterson's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Patterson's 10-Year ROIIC % Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Patterson's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Patterson's 10-Year ROIIC % falls into.



Patterson 10-Year ROIIC % Calculation

Patterson's 10-Year ROIIC % for the quarter that ended in Apr. 2024 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 179.9288925 (Apr. 2024) - 139.4611164 (Apr. 2014) )/( 1669.477 (Apr. 2024) - 1459.245 (Apr. 2014) )
=40.4677761/210.232
=19.25%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Patterson  (STU:PD2) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Patterson 10-Year ROIIC % Related Terms

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Patterson Business Description

Traded in Other Exchanges
Address
1031 Mendota Heights Road, Saint Paul, MN, USA, 55120
Patterson Companies Inc is a dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health. The company's segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives its revenue from the United States, the United Kingdom, and Canada. The firm derives almost all of its revenue from the United States.

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