PDCO on NASDAQ

Patterson Companies

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Medical multinational company

Patterson Companies, Inc., commonly known as Patterson Cos. Is an American company based in Mendota Heights, Minnesota.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 18, 2026.

Overview

$6.6BRevenue, fiscal 20245
$185.9MNet income, fiscal 20245
1877Founded1

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  • TickerPDCO on NASDAQ1
  • IndustryWholesale-Medical, Dental & Hospital Equipment & Supplies1
  • HeadquartersSaint Paul1
  • Websitewww.pattersoncompanies.com
  • Incorporated inMN6
  • Business address1031 Mendota Heights Rd, St Paul, Mn 55120-14016
  • Filer categoryLarge accelerated filer6

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 margin5
3.9%Operating margin5
2.8%Net margin5
1.5%Revenue growth, 20245
18.6%Return on equity5
0.33×Debt to equity5

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.5

Financial statements

Revenue891011125$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 profit891011125$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 income891011125$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 income891011125$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$5.6B8$5.5B9$5.6B10$5.5B11$5.9B12$6.5B5$6.5B5$6.6B5
Cost of revenue$4.3B8$4.3B9$4.4B10$4.3B11$4.7B12$5.2B5$5.1B5$5.2B5
Gross profit$1.3B8$1.2B9$1.2B10$1.2B11$1.2B12$1.3B5$1.4B5$1.4B5
Operating income$287.9M8$219.9M9$137.7M10-$572.1M11$210.6M12$157.0M5$276.0M5$252.9M5
Interest$43.1M8$46.7M9$39.7M10$41.8M11$24.3M12$20.3M5$33.6M5$44.9M5
Income tax$77.1M8-$21.7M9$23.4M10-$1.0M11$44.8M12$64.5M5$63.6M5$57.5M5
Net income$170.9M8$201.0M9$83.6M10-$588.4M11$156.0M12$203.2M5$207.6M5$185.9M5
Earnings per share$1.808$2.179$0.9010-$6.2511$1.6312$2.095$2.145$2.005
Earnings per share (diluted)$1.798$2.169$0.8910-$6.2511$1.6112$2.065$2.125$1.985

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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 4.0.7

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, 20046

Timeline

  1. Dec 6, 2022New chief executive Donald Zurbay becomes CEO17
  2. Nov 27, 2017New chief executive Mark S. Walchirk becomes CEO18
  3. Sep 22, 2015New chief executive John Edward Adent becomes CEO19
  4. Apr 27, 2010New chief executive Scott P. Anderson becomes CEO20
  5. Jan 3, 2006New chief executive James W. Wiltz becomes CEO21
  6. Oct 28, 1992Went public Listed on NASDAQ1
  7. 1877Founded Founded1

Filings

215 filings to the SEC since October 2021: 3 annual reports, 11 quarterly reports, 35 major events, 112 insider forms, 15 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 215 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 15 such filings since October 2021, the latest 10:

  1. Mar 28, 2025SCHEDULE 13G
  2. Nov 8, 2024SC 13G/A
  3. Oct 23, 2024SC 13G/A
  4. Feb 13, 2024SC 13G/A
  5. Jan 24, 2024SC 13G/A
  6. Dec 8, 2023SC 13G/A
  7. Feb 14, 2023SC 13G/A
  8. Feb 9, 2023SC 13G/A
  9. Jan 23, 2023SC 13G/A
  10. Sep 12, 2022SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Sources

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