PATRICK INDUSTRIES INC PATK

Consumer discretionary SIC 3714 - Motor Vehicle Parts & Accessories NAICS Manufacturing › Transportation Equipment Manufacturing › Motor Vehicle Parts Manufacturing derived Nasdaq

Last close 68.86 2026-10-23
Market cap $2.21B 2026-06-28 share count
52-week range 63.00 - 148.50

Valuation FY2025 figures against the last close

P/S0.6x
P/E17.7x
P/FCF9.0x
EV/EBITDA7.8x
Dividend yield2.5%
Diluted EPS3.90

Where the revenue comes from as reported in the latest 10-K

Revenue by segment

  • Manufacturing
  • Distribution
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Manufacturing, FY2025: 2.9B (74.5%) 74% Manufacturing Distribution, FY2025: 1B (25.5%) 26% Distribution FY2024 Manufacturing, FY2024: 2.7B (73.8%) 74% Distribution, FY2024: 974.4M (26.2%) 26% FY2023 Manufacturing, FY2023: 2.6B (74.6%) 75% Distribution, FY2023: 881.3M (25.4%) 25%
Segment FY2025FY2024FY2023
Manufacturing $2.94B $2.74B $2.59B
Distribution $1.01B $974.4M $881.3M

As the company reported it, from the “SEGMENT INFORMATION - Schedule of Net Income, Assets and Certain Other Items of Segments (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.95B$3.72B$3.47B$4.88B$4.08B$2.49B$2.34B$2.26B$1.64B$1.22B
Cost of revenue $3.04B$2.88B$2.69B$3.82B$3.28B$2.03B$1.91B$1.85B$1.36B$1.02B
Gross profit $912.9M$835.9M$782.2M$1.06B$801.2M$459.0M$422.9M$415.9M$278.9M$202.5M
SG&A $361.6M$325.8M$299.4M$327.5M$253.5M$146.4M$134.5M$128.2M$90.7M$62.2M
Total operating expenses $636.9M$577.9M$522.0M$563.8M$449.5M$285.6M$268.4M$237.5M$157.0M$111.6M
Operating income $276.0M$258.0M$260.2M$496.2M$351.7M$173.4M$154.4M$178.4M$121.9M$90.8M
Pre-tax income $177.1M$178.6M$191.3M$435.4M$293.8M$130.4M$117.8M$152.0M$113.1M$83.7M
Income tax $42.0M$40.2M$48.4M$107.2M$68.9M$33.3M$28.3M$32.1M$27.4M$28.1M
Net income $135.1M$138.4M$142.9M$328.2M$224.9M$97.1M$89.6M$119.8M$85.7M$55.6M
EPS, basic 4.164.254.439.889.874.273.884.993.542.47
EPS, diluted 3.904.114.338.999.634.203.854.933.482.43
Shares, diluted (wtd. avg.) 34.6M33.7M33.0M36.7M23.4M23.1M23.3M24.3M24.6M22.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $26.4M$33.6M$11.4M$22.8M$122.8M$44.8M$139.4M$6.9M$2.8M$6.4M
Receivables $185.4M$178.2M$163.8M$172.9M$172.4M$132.5M$87.5M$82.5M$77.8M$38.5M
Inventory $595.3M$551.6M$510.1M$667.8M$614.4M$312.8M$253.9M$272.9M$175.3M$120.0M
Total current assets $873.1M$822.6M$734.6M$909.9M$974.1M$528.1M$516.8M$385.2M$274.0M$172.8M
Property, plant and equipment $408.5M$384.9M$353.6M$350.6M$319.5M$251.5M$180.8M$177.1M$118.5M$85.5M
Goodwill $840.1M$797.2M$637.4M$629.3M$551.4M$395.8M$319.3M$281.7M$208.0M$109.9M
Other intangibles $742.6M$802.9M$651.2M$720.2M$640.5M$456.3M$357.0M$383.0M$263.5M$164.5M
Total assets $3.08B$3.02B$2.56B$2.78B$2.65B$1.75B$1.47B$1.23B$866.6M$535.0M
Accounts payable $192.4M$187.9M$140.5M$142.9M$203.5M$105.8M$96.2M$89.8M$84.1M$46.8M
Short-term debt $6.2M$6.2M$7.5M$7.5M$7.5M$7.5M$5.0M$8.8M$15.8M$15.8M
Total current liabilities $348.5M$353.6M$308.5M$367.2M$432.8M$227.4M$186.9M$157.8M$136.4M$86.1M
Long-term debt $1.28B$1.31B$1.02B$1.28B$1.28B$810.9M$670.4M$621.8M$338.1M$256.8M
Total liabilities $1.89B$1.89B$1.52B$1.83B$1.88B$1.19B$973.5M$822.5M$496.0M$349.5M
Retained earnings $977.0M$926.9M$843.1M$758.9M$513.7M$360.2M$305.5M$224.9M$199.2M$113.5M
Total equity $1.18B$1.13B$1.05B$955.2M$767.6M$559.4M$497.5M$408.8M$370.7M$185.4M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $329.4M$326.8M$408.7M$411.7M$252.1M$160.2M$192.4M$200.0M$99.9M$97.1M
Depreciation and amortisation $170.2M$166.5M$144.5M$130.8M$104.8M$73.3M$62.8M$55.1M$33.5M$24.4M
Stock-based compensation $19.1M$16.8M$19.4M$21.8M$22.9M$16.0M$15.4M$14.0M$10.4M$6.5M
Capital expenditure $82.9M$75.7M$59.0M$79.9M$64.8M$32.1M$27.7M$34.5M$22.5M$15.4M
Investing cash flow -$206.5M-$512.8M-$86.5M-$321.5M-$574.7M-$337.9M-$79.2M-$371.4M-$273.1M-$154.0M
Financing cash flow -$130.1M$208.2M-$333.6M-$190.3M$400.7M$83.1M$19.3M$175.5M$169.6M$63.2M
Dividends paid $55.3M$50.2M$42.1M$32.9M$27.0M$23.6M$5.8M$0——
Buybacks $32.0M$4.7M$18.8M$77.1M$48.9M$23.1M$3.8M$107.6M$0$5.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000076605-26-000013.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Revenue, FY2016: 1.2B Gross profit, FY2016: 202.5M Net income, FY2016: 55.6M Revenue, FY2017: 1.6B Gross profit, FY2017: 278.9M Net income, FY2017: 85.7M Revenue, FY2018: 2.3B Gross profit, FY2018: 415.9M Net income, FY2018: 119.8M Revenue, FY2019: 2.3B Gross profit, FY2019: 422.9M Net income, FY2019: 89.6M Revenue, FY2020: 2.5B Gross profit, FY2020: 459M Net income, FY2020: 97.1M Revenue, FY2021: 4.1B Gross profit, FY2021: 801.2M Net income, FY2021: 224.9M Revenue, FY2022: 4.9B Gross profit, FY2022: 1.1B Net income, FY2022: 328.2M Revenue, FY2023: 3.5B Gross profit, FY2023: 782.2M Net income, FY2023: 142.9M Revenue, FY2024: 3.7B Gross profit, FY2024: 835.9M Net income, FY2024: 138.4M Revenue, FY2025: 4B Gross profit, FY2025: 912.9M Net income, FY2025: 135.1M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.22B $1.64B $2.26B $2.34B $2.49B $4.08B $4.88B $3.47B $3.72B $3.95B
Gross profit $202.5M $278.9M $415.9M $422.9M $459.0M $801.2M $1.06B $782.2M $835.9M $912.9M
Net income $55.6M $85.7M $119.8M $89.6M $97.1M $224.9M $328.2M $142.9M $138.4M $135.1M

Recent filings and events

  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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