Patrick Industries

US · PATK #2730 by market cap Listed 1970

64.92 -1.72 -2.58%

Live - 5344 symbols - heartbeat 58s ago · 2026-10-07 19:54

After-hours 64.92 0.00%

Market cap: 2.09B
P/E (TTM): 15.46
P/B: 1.84
EPS: 3.90
Div yield: 2.79%
52W pos: 1%

Reader sentiment Are you bullish or bearish on PATK?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Fair

Altman Z-Score is 2.89, in the 1.8-3.0 "grey zone".
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +6.33% YoY

Margins

Gross margin: 23.11%
Operating margin: 6.99%
Net margin: 3.42%

Key ratios & quality

Enterprise value: 3.40B
Altman Z-Score: 2.89

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	2.26B	2.34B	2.49B	4.08B	4.88B	3.47B	3.72B	3.95B
Gross profit	415.87M	422.87M	459.02M	801.19M	1.06B	782.23M	835.89M	912.86M
Selling & admin expenses	203.24M	232.52M	244.78M	393.15M	490.54M	443.34M	481.58M	539.56M
Research & development	--	--	--	--	--	--	--	--
Operating profit	178.42M	154.44M	173.37M	351.71M	496.17M	260.20M	258.04M	275.99M
Pretax profit	151.98M	117.83M	130.37M	293.82M	435.41M	191.26M	178.57M	177.06M
Tax	32.15M	28.26M	33.31M	68.91M	107.21M	48.36M	40.17M	42.01M
Net profit	119.83M	89.57M	97.06M	224.92M	328.20M	142.90M	138.40M	135.06M
Basic EPS	3	3	3	7	10	4	4	4
Diluted EPS	3.29	2.57	2.80	6.42	8.99	4.33	4.11	3.90

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	1.00B	1.05B	975.63M	924.17M	997.17M	1.04B
Gross profit	228.59M	250.63M	220.96M	212.67M	226.86M	247.58M
Selling & admin expenses	138.51M	139.28M	130.47M	131.29M	138.13M	146.80M
Research & development	--	--	--	--	--	--
Operating profit	65.57M	86.72M	66.29M	57.41M	64.72M	77.04M
Pretax profit	46.46M	43.43M	47.84M	39.33M	46.33M	58.06M
Tax	8.22M	11.00M	12.54M	10.25M	6.85M	14.64M
Net profit	38.24M	32.44M	35.30M	29.08M	39.48M	43.42M
Basic EPS	1	1	1	1	1	1
Diluted EPS	1.11	0.96	1.01	0.83	1.10	1.28

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	385.17M	516.83M	528.06M	974.08M	909.90M	734.63M	822.62M	873.12M
Cash & ST investments	6.90M	139.39M	44.77M	122.85M	22.85M	11.41M	33.56M	26.43M
Inventory	272.90M	253.87M	312.81M	614.36M	667.84M	510.13M	551.62M	595.27M
Total assets	1.23B	1.47B	1.75B	2.65B	2.78B	2.56B	3.02B	3.08B
Total current liabilities	157.76M	186.94M	227.39M	432.78M	367.24M	308.50M	353.62M	348.49M
Short-term debt	8.75M	32.69M	38.40M	47.80M	51.74M	56.26M	59.95M	61.21M
Long-term debt	621.75M	670.35M	810.91M	1.28B	1.28B	1.02B	1.31B	1.28B
Total liabilities	822,477,000.00	973,512,000.00	1,193,994,000.00	1,883,174,000.00	1,827,302,000.00	1,517,111,000.00	1,892,588,000.00	1,891,877,000.00
Total equity	408.75M	497.48M	559.44M	767.56M	955.17M	1.05B	1.13B	1.18B
Retained earnings	224.87M	305.50M	360.21M	513.73M	758.86M	843.08M	926.94M	976.96M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	975.68M	899.96M	951.89M	873.12M	1.01B	1.02B
Cash & ST investments	86.56M	21.97M	20.70M	26.43M	37.47M	29.16M
Inventory	553.92M	554.63M	599.69M	595.27M	626.07M	653.26M
Total assets	3.19B	3.08B	3.15B	3.08B	3.22B	3.21B
Total current liabilities	404.82M	460.32M	407.58M	348.49M	374.02M	383.25M
Short-term debt	61.74M	61.44M	60.89M	61.21M	63.48M	64.23M
Long-term debt	1.42B	1.27B	1.32B	1.28B	1.38B	1.41B
Total liabilities	2,045,509,000.00	1,936,103,000.00	1,978,669,000.00	1,891,877,000.00	2,030,073,000.00	2,080,210,000.00
Total equity	1.14B	1.14B	1.17B	1.18B	1.19B	1.13B
Retained earnings	943.78M	941.27M	963.11M	976.96M	986.96M	930.14M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	200.01M	192.41M	160.15M	252.13M	411.74M	408.67M	326.84M	329.41M
Depreciation & amortization	55.05M	62.80M	73.27M	104.81M	130.76M	144.54M	166.55M	170.21M
Free cash flow	165.53M	164.75M	128.05M	185.33M	331.55M	346.62M	223.33M	241.91M
Dividends paid	0	-5.80M	-23.63M	-27.02M	-32.87M	-42.14M	-50.19M	-55.27M
Stock buybacks / issuance	-107.57M	-3.82M	-23.11M	-48.94M	-77.12M	-18.81M	-4.66M	-31.97M
Ending cash balance	6.90M	139.39M	44.77M	122.85M	22.85M	11.41M	33.56M	26.43M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	40.08M	149.39M	9.10M	130.84M	-14.01M	82.92M
Depreciation & amortization	42.65M	42.61M	41.97M	42.99M	42.78M	43.01M
Free cash flow	19.91M	131.12M	-17.19M	108.09M	-32.93M	65.28M
Dividends paid	-13.86M	-13.09M	-13.02M	-15.30M	-16.31M	-14.90M
Stock buybacks / issuance	-8.51M	-23.46M	0	0	-14.69M	-91.44M
Ending cash balance	86.56M	21.97M	20.70M	26.43M	37.47M	29.16M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	30.75	19.77	18.37	33.90	38.10	14.29	12.73	11.68
ROA %	11.42	6.63	6.02	10.21	12.08	5.35	4.96	4.43
ROIC %	15.95	10.18	9.34	14.51	16.19	8.35	8.16	7.20
5-year avg ROE %	33.32	30.65	27.02	26.72	28.18	24.88	23.48	22.14
EBIT margin %	7.88	6.61	6.97	8.62	10.16	7.50	6.94	6.37
FCF / sales %	7.31	7.05	5.15	4.59	6.80	9.99	6.01	6.12
Current ratio	2.44	2.76	2.32	2.25	2.48	2.38	2.33	2.51
Quick ratio	0.64	1.30	0.81	0.70	0.57	0.60	0.63	0.64
Debt / assets	51.21	52.31	53.47	54.59	52.12	47.11	50.40	48.53
LT debt / equity	152.11	148.11	160.71	182.29	146.43	110.09	129.63	120.89
Interest coverage	6.75	4.22	4.03	6.08	8.17	3.77	3.25	3.38
Revenue CAGR (3Y) %	34.97	24.13	14.98	21.69	27.83	11.73	-3.05	-6.81
Net income CAGR (3Y) %	41.59	17.24	4.23	23.35	54.17	13.76	-14.94	-25.62
FCF CAGR (3Y) %	41.12	26.32	18.27	3.84	26.25	39.37	6.41	-9.97

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	12.87	11.25	10.49	11.68	11.70	12.95
ROA %	4.55	4.15	3.84	4.43	4.26	4.68
ROIC %	7.42	7.08	6.56	7.20	6.94	7.57
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	6.98	6.34	6.04	6.37	6.36	6.74
FCF / sales %	5.91	6.13	4.73	6.12	4.79	3.13
Current ratio	2.41	1.96	2.34	2.51	2.71	2.67
Quick ratio	0.93	0.63	0.73	0.64	0.86	0.80
Debt / assets	51.21	47.66	48.69	48.53	49.89	51.43
LT debt / equity	137.58	123.00	125.92	120.89	129.77	140.33
Interest coverage	3.37	3.14	3.10	3.38	3.40	3.59
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Manufacturing is the largest reported line at 77.46% of revenue, across 3 reported segments.
The next-largest line, Distribution, is a distant second at 23.11% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Manufacturing77.46%

Distribution23.11%

Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.