PDCO on NASDAQ

Patterson Companies

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons5

Medical multinational company

Patterson Companies, Inc., commonly known as Patterson Cos. Is an American company based in Mendota Heights, Minnesota. It was established in 1877 as a dental company and entered the animal health industry in 2001 with its acquisition of Webster Veterinary (now Patterson Veterinary) and expanded with its 2015 acquisition of Animal Health International, Inc.3 Its shares trade on NASDAQ under the symbol PDCO.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$6.6BRevenue, fiscal 20246
$185.9MNet income, fiscal 20246
1877Founded1

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  • TickerPDCO on NASDAQ1
  • IndustryWholesale-Medical, Dental & Hospital Equipment & Supplies1
  • HeadquartersSaint Paul1
  • Websitewww.pattersoncompanies.com
  • Incorporated inMN7
  • Business address1031 Mendota Heights Rd, St Paul, Mn 55120-14017
  • Filer categoryLarge accelerated filer7
  • Legal formBusiness Corporation4
  • LEIYM48Q2087CUE26GWEK094
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O C T Corporation System Inc., 55117 Saint Paul, United States4
  • Registered withOffice of the Minnesota Secretary of State Business & Lien system, 7L-6104

Patterson Companies, Inc., commonly known as Patterson Cos. Is an American company based in Mendota Heights, Minnesota. It was established in 1877 as a dental company and entered the animal health industry in 2001 with its acquisition of Webster Veterinary (now Patterson Veterinary) and expanded with its 2015 acquisition of Animal Health International, Inc.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

21.0%Gross margin6
3.9%Operating margin6
2.8%Net margin6
1.5%Revenue growth, 20246
18.6%Return on equity6
0.33×Debt to equity6

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue79¢$5.2B
  • Other costs17¢$1.1B
  • Interest1¢$44.9M
  • Income tax1¢$57.5M
  • Profit3¢$185.9M

Out of $6.6B in revenue.6

Financial statements

Revenue9101112136$6.6B in 2024+17% since 2017
0$2.0B$4.0B$6.0B$8.0B2017: $5.6B$5.6B20172018: $5.5B$5.5B2018−2%2019: $5.6B$5.6B2019+2%2020: $5.5B$5.5B2020−2%2021: $5.9B$5.9B2021+8%2022: $6.5B$6.5B2022+10%2023: $6.5B$6.5B2023−0%2024: $6.6B$6.6B2024+1%
Gross profit9101112136$1.4B in 2024+6% since 2017
0$500.0M$1.0B$1.5B2017: $1.3B$1.3B20172018: $1.2B$1.2B2018−8%2019: $1.2B$1.2B2019−1%2020: $1.2B$1.2B2020+1%2021: $1.2B$1.2B2021+0%2022: $1.3B$1.3B2022+7%2023: $1.4B$1.4B2023+7%2024: $1.4B$1.4B2024+1%
Operating income9101112136$252.9M in 2024−12% since 2017
-$750.0M-$500.0M-$250.0M0$250.0M$500.0M2017: $287.9M$287.9M20172018: $219.9M$219.9M2018−24%2019: $137.7M$137.7M2019−37%2020: -$572.1M-$572.1M20202021: $210.6M$210.6M20212022: $157.0M$157.0M2022−25%2023: $276.0M$276.0M2023+76%2024: $252.9M$252.9M2024−8%
Net income9101112136$185.9M in 2024+9% since 2017
-$600.0M-$400.0M-$200.0M0$200.0M$400.0M2017: $170.9M$170.9M20172018: $201.0M$201.0M2018+18%2019: $83.6M$83.6M2019−58%2020: -$588.4M-$588.4M20202021: $156.0M$156.0M20212022: $203.2M$203.2M2022+30%2023: $207.6M$207.6M2023+2%2024: $185.9M$185.9M2024−10%
Fiscal year20172018201920202021202220232024
Revenue$5.6B9$5.5B10$5.6B11$5.5B12$5.9B13$6.5B6$6.5B6$6.6B6
Cost of revenue$4.3B9$4.3B10$4.4B11$4.3B12$4.7B13$5.2B6$5.1B6$5.2B6
Gross profit$1.3B9$1.2B10$1.2B11$1.2B12$1.2B13$1.3B6$1.4B6$1.4B6
Operating income$287.9M9$219.9M10$137.7M11-$572.1M12$210.6M13$157.0M6$276.0M6$252.9M6
Interest$43.1M9$46.7M10$39.7M11$41.8M12$24.3M13$20.3M6$33.6M6$44.9M6
Income before tax$266.3M6$270.2M6$243.1M6
Income tax$77.1M9-$21.7M10$23.4M11-$1.0M12$44.8M13$64.5M6$63.6M6$57.5M6
Net income$170.9M9$201.0M10$83.6M11-$588.4M12$156.0M13$203.2M6$207.6M6$185.9M6
Earnings per share$1.809$2.1710$0.9011-$6.2512$1.6313$2.096$2.146$2.006
Earnings per share (diluted)$1.799$2.1610$0.8911-$6.2512$1.6113$2.066$2.126$1.986
Shares (weighted, basic)97.3M shares697.0M shares693.0M shares6
Shares (weighted, diluted)98.5M shares697.8M shares693.7M shares6

Compare Patterson Companies with another company

Corporate structure

Patterson Companies sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Patterson Companies

  • GLAZER CAPITAL, LLC Filed SCHEDULE 13G on Patterson Companies, latest Mar 28, 2025
  • BlackRock Filed SC 13G/A on Patterson Companies, latest Nov 8, 2024 (6 filings since Jan 25, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Patterson Companies, latest Feb 13, 2024 (4 filings since Feb 10, 2022)
  • PRICE T ROWE ASSOCIATES INC /MD/ Filed SC 13G/A on Patterson Companies, latest Feb 14, 2023 (3 filings since Feb 14, 2022)
  • Principal Financial Group Filed SC 13G/A on Patterson Companies, latest Feb 6, 2023 (2 filings since Feb 11, 2022)
  • FMR LLC Filed SC 13G/A on Patterson Companies, latest Feb 9, 2022
  • Patterson Companies Mendota Heights, Minnesota, United States
    • PDC Funding Company, LLC Subsidiary · St. Paul, Minnesota, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Patterson Companies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$9.7M6 Apr 27, 2024$9.7M6 Apr 29, 2023−0.1%
Buildings and improvements$109.7M6 Apr 27, 2024$98.2M6 Apr 29, 2023+11.8%
Furniture and fixtures$213.0M6 Apr 27, 2024$204.8M6 Apr 29, 2023+4.0%
Computer equipment and software$20.5M6 Apr 27, 2024$10.7M6 Apr 29, 2023+92.7%
Leasehold improvements$32.3M6 Apr 27, 2024$31.7M6 Apr 29, 2023+2.0%
Construction in progress$35.7M6 Apr 27, 2024$32.2M6 Apr 29, 2023+10.7%
Property and equipment, before depreciation$662.4M6 Apr 27, 2024$627.4M6 Apr 29, 2023+5.6%
Accumulated depreciation$433.3M6 Apr 27, 2024$415.1M6 Apr 29, 2023+4.4%
Property and equipment, net$229.1M6 Apr 27, 2024$212.3M6 Apr 29, 2023+7.9%
Operating-lease assets (leased space)$122.3M6 Apr 27, 2024$93.0M6 Apr 29, 2023+31.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$114.5M6 Apr 27, 2024$159.7M6 Apr 29, 2023−28.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$156.3M6 Apr 27, 2024$156.4M6 Apr 29, 2023−0.1%
Intangible assets, net (excluding goodwill)$193.3M6 Apr 27, 2024$231.9M6 Apr 29, 2023−16.7%
Indefinite-lived intangibles (excluding goodwill)$12.3M6 Apr 27, 2024$12.3M6 Apr 29, 20230%
Finite-lived intangibles, gross$568.7M6 Apr 27, 2024$569.0M6 Apr 29, 20230%
Accumulated amortization$387.8M6 Apr 27, 2024$349.4M6 Apr 29, 2023+11.0%
Finite-lived intangibles, net$181.0M6 Apr 27, 2024$219.6M6 Apr 29, 2023−17.6%

Inventory

ItemLatestA year beforeChange
Inventory, total$782.9M6 Apr 27, 2024$795.1M6 Apr 29, 2023−1.5%

The story

The company traces its roots through division Patterson Dental Supply back to one established in 1878 named Patterson Dental Company. It remained focused solely on the dental products market until the 21st century when it branched out into the veterinary supplies market through 2 large acquisitions, JA Webster in 2001 (92.5 million dollars) and ProVet in 2004. For about 130 years it dealt only in dental supplies. It began selling rehabilitation supplies in 2004 after acquiring Ability One Products Corporation followed by Medco the same year.

In 1987, it acquired D.L. Saslow Co another major distributor. It went public on the Nasdaq in 1992 with an IPO of around 480 million dollars. In 1993, it started doing business outside of the US by purchasing Healthco Canada.

In 1997, it purchased software developer Eaglesoft Inc a company founded by Scott R. Kabbes who 6 years later was made president of Patterson Dental Company. It later became Patterson Technology Center

In 2004, CAESY Patient Education Systems was acquired. In July 2004, it was renamed as Patterson Companies Inc.

In December 2008, Patterson acquires Dolphin Imaging and Management Solutions. In 2008, it was noted as having one of the lowest debt ratios among companies in the health care sector. Patterson was also a member of the Nasdaq-100 until December 10, 2010 when it and six other companies were replaced.

On June 17, 2010, Patterson Medical purchased the rehabilitation part of Ireland-based DCC Healthcare (Days Healthcare, Physiomed and Ausmedic). The new companies were added to its Homecraft Rolyan unit in the UK.

On 26 April 2021, Patterson Veterinary Supply, Inc., has agreed to a deal to buy Miller Vet Holdings, LLC's assets.

In December 2024, Patient Square agreed to acquire the company for $4.1 billion.

From Wikipedia’s article on Patterson Companies, shared under CC BY-SA 4.0.8

Leadership

Who has led Patterson Companies, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (31)

Former names

  • PATTERSON DENTAL CODec 13, 1996 to Jul 1, 20047

Timeline

  1. Apr 22, 20258-K Executive or director change68
  2. Apr 17, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer69
  3. Apr 1, 20258-K Shareholder vote; Other events70
  4. Mar 24, 20258-K Other events71
  5. Feb 26, 20258-K Results of operations72
  6. Jan 21, 20258-K Other events73
  7. Dec 11, 20248-K Entered a material agreement; Other events74
  8. Dec 5, 20248-K Results of operations75
  9. Sep 18, 20248-K Shareholder vote76
  10. Aug 28, 20248-K Results of operations77
  11. Jun 18, 20248-K Results of operations78
  12. May 10, 20248-K Executive or director change79
  13. Dec 6, 2022New chief executive Donald Zurbay becomes CEO18
  14. Nov 27, 2017New chief executive Mark S. Walchirk becomes CEO19
  15. Sep 22, 2015New chief executive John Edward Adent becomes CEO20
  16. Apr 27, 2010New chief executive Scott P. Anderson becomes CEO21
  17. Jan 3, 2006New chief executive James W. Wiltz becomes CEO22
  18. Oct 28, 1992Went public Listed on NASDAQ1
  19. 1877Founded Founded1

Calendar

When it reported results

  1. Feb 26, 2025Reported quarterly or annual results72
  2. Dec 5, 2024Reported quarterly or annual results75
  3. Aug 28, 2024Reported quarterly or annual results77
  4. Jun 18, 2024Reported quarterly or annual results78
  5. Feb 28, 2024Reported quarterly or annual results80
  6. Nov 29, 2023Reported quarterly or annual results81
  7. Aug 30, 2023Reported quarterly or annual results82
  8. Jun 21, 2023Reported quarterly or annual results83

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

217 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 35 major events, 112 insider forms, 17 large holders, 39 other. The latest 20:

  1. Apr 28, 202515-12G EDGAR
  2. Apr 22, 20258-K EDGAR
  3. Apr 17, 202525-NSE EDGAR
  4. Apr 17, 2025S-8 POS EDGAR
  5. Apr 17, 2025S-8 POS EDGAR
  6. Apr 17, 2025S-8 POS EDGAR
  7. Apr 17, 2025S-8 POS EDGAR
  8. Apr 17, 2025S-8 POS EDGAR
  9. Apr 17, 20258-K EDGAR
  10. Apr 17, 20254 EDGAR
  11. Apr 17, 20254 EDGAR
  12. Apr 17, 20254 EDGAR
  13. Apr 17, 20254 EDGAR
  14. Apr 17, 20254 EDGAR
  15. Apr 17, 20254 EDGAR
  16. Apr 17, 20254 EDGAR
  17. Apr 17, 20254 EDGAR
  18. Apr 17, 20254 EDGAR
  19. Apr 17, 20254 EDGAR
  20. Apr 17, 20254 EDGAR

The 217 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

23 open-market trades by officers, directors and large owners since October 2021: 0 buys and 23 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 9, 2024Zurbay DonaldPresident & CEOSale1,962$23.08$45.3KForm 4
Jul 16, 2024Zurbay DonaldPresident & CEOSale7,216$24.99$180.3KForm 4
Jul 3, 2024Zurbay DonaldPresident & CEOSale5,875$23.71$139.3KForm 4
Jul 3, 2024KORSH LES BCLO & Corporate SecretarySale2,842$23.71$67.4KForm 4
Jul 3, 2024BARRY KEVIN MICHAELCFOSale1,216$23.72$28.8KForm 4
Jul 3, 2024BERGESON SAMANTHA LCHROSale254$23.87$6.1KForm 4
Dec 19, 2023BARRY KEVIN MICHAELCFOSale560$27.18$15.2KForm 4
Dec 6, 2023Zurbay DonaldPresident & CEOSale1,868$26.58$49.7KForm 4
Dec 1, 2023BARRY KEVIN MICHAELCFOSale1,627$25.36$41.3KForm 4
Oct 5, 2023ROGAN TIMOTHY EPresident - DentalSale9,260$29.75$275.5KForm 4
Jul 18, 2023Zurbay DonaldPresident & CEOSale5,620$32.48$182.5KForm 4
Jul 18, 2023KORSH LES BCLO & Corporate SecretarySale3,686$32.47$119.7KForm 4
Jul 5, 2023KORSH LES BCLO & Corporate SecretarySale908$32.34$29.4KForm 4
Jul 5, 2023Zurbay DonaldPresident & CEOSale1,666$32.34$53.9KForm 4
Jun 21, 2023KORSH LES BCLO & Corporate SecretarySale3,500$31.75$111.1KForm 4
Dec 5, 2022BARRY KEVIN MICHAELCFOSale9,443$29.10$274.8KForm 4
Aug 17, 2022FERAGEN JODY HDirectorSale1,000$31.07$31.1KForm 4
Jul 6, 2022Zurbay DonaldPresident & CEOSale10,180$29.58$301.1KForm 4
Jul 6, 2022KORSH LES BCLO & Corporate SecretarySale4,889$29.64$144.9KForm 4
Jul 6, 2022Frohning Andrea L.Chief Human Resources OfficerSale1,986$29.97$59.5KForm 4

All 23 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Patterson Companies is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPATTERSON COMPANIES, INC.2
  • CIK0000891024
  • Employer ID (EIN)41-08865152
  • Filer statusLarge accelerated filer2
  • Incorporated inMinnesota2
  • Fiscal year endsApril 262
  • Industry code (SIC)5047 Wholesale-Medical, Dental & Hospital Equipment & Supplies2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address1031 Mendota Heights Rd, St Paul, MN 55120-14012
  • Phone65168616002
  • Shares outstanding88,474,000 as of Feb 17, 202515
  • Public float$2.8B as of Oct 28, 20236
  • On EDGAR sinceMay 13, 19962
  • Filings1,886 in all: 4 (1,198), 8-K (232), SC 13G/A (93), 10-Q (87), 3 (41), DEF 14A (29), 10-K (24), DEFA14A (20)2
    All 33 form types

    UPLOAD (19), 4/A (18), SC 13G (17), CORRESP (15), ARS (12), S-8 (12), 144 (10), S-8 POS (8), 5 (6), 8-K/A (6), 10-K405 (5), EFFECT (5), POS AM (5), S-3 (5), REGDEX (3), S-3/A (3), SD (3), 424B3 (2), PRE 14A (2), 10-Q/A (1), 15-12G (1), 25-NSE (1), DEFM14A (1), PREM14A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Jun 18, 2024
    Quarterly report (10-Q) Feb 26, 2025
    Proxy statement (DEF 14A) Aug 2, 2024
    Latest 8-K (8-K) Apr 22, 2025

Sources

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