Event-Driven Stocks

PATTERSON COMPANIES, INC.

PDCO

Industrials · Wholesale-Medical, Dental & Hospital Equipment & Supplies · MN · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs4 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$6.57B$6.47B$6.50B$5.91B$5.49B$5.57B
Operating income$252.9M$276.0M$157.0M$210.6M−$572.1M$137.7M
Net income$185.9M$207.6M$203.2M$156.0M−$588.4M$83.6M
Total assets$2.90B$2.88B$2.74B$2.75B$2.72B$3.27B
Total liabilities$1.90B$1.76B$1.70B$1.79B$1.88B$1.79B
Equity$1.00B$1.12B$1.04B$963.2M$834.1M$1.48B
EPS (diluted)$1.98$2.12$2.06$1.61$-6.25$0.89
Shares out.87.8M95.3M96.7M96.9M96.0M95.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
3.9%
Net margin
2.8%
Return on equity
18.6%
Return on assets
6.4%
Return on capital (ROCE)
16.2%
Liabilities / assets
65.4%
Debt / equity
1.89×
Book value / share
$11.41
Revenue growth (YoY)
1.5%
Net income growth (YoY)
−10.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Altman Z″ (distress)
3.09safe
Accruals / assets
33.7%high accruals
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
52
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 0Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 warning4 good
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Apr 15, 20253.7M1.2+34.1%
Mar 31, 20252.8M3.1+40.5%
Mar 14, 20252.0M1.5-2.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗
  • 15-12GApr 28, 2025
  • 8-KApr 22, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025
  • 4Apr 17, 2025

Event-driven situations (1)