| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | 
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Total Revenue | 3.87B | 3.72B | 3.47B | 4.88B | 4.08B | 2.49B | 
| Gross Profit | 887.41M | 835.89M | 782.23M | 1.06B | 801.19M | 459.02M | 
| EBITDA | 276.30M | 424.58M | 404.74M | 626.93M | 456.52M | 246.64M | 
| Net Income | 120.53M | 138.40M | 142.90M | 328.20M | 224.91M | 97.06M | 
| Balance Sheet | ||||||
| Total Assets | 3.15B | 3.02B | 2.56B | 2.78B | 2.65B | 1.75B | 
| Cash, Cash Equivalents and Short-Term Investments | 20.70M | 33.56M | 11.41M | 22.85M | 122.85M | 44.77M | 
| Total Debt | 211.88M | 1.52B | 1.21B | 1.45B | 1.45B | 937.48M | 
| Total Liabilities | 1.98B | 1.89B | 1.52B | 1.83B | 1.88B | 1.19B | 
| Stockholders Equity | 1.17B | 1.13B | 1.05B | 955.17M | 767.56M | 559.44M | 
| Cash Flow | ||||||
| Free Cash Flow | 183.23M | 251.16M | 349.69M | 331.86M | 187.33M | 128.05M | 
| Operating Cash Flow | 301.22M | 326.84M | 408.67M | 411.74M | 252.13M | 160.15M | 
| Investing Cash Flow | -164.34M | -512.85M | -86.55M | -321.47M | -574.73M | -337.88M | 
| Financing Cash Flow | -168.79M | 208.16M | -333.56M | -190.27M | 400.69M | 83.11M | 
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth | 
|---|---|---|---|---|---|---|---|
| ― | $1.62B | 17.77 | 7.15% | ― | 4.05% | -47.49% | |
| ― | $1.36B | 6.58 | 26.19% | 1.99% | -6.05% | ― | |
| ― | $3.36B | 26.76 | 11.25% | 1.59% | 6.09% | -18.29% | |
| ― | $7.15B | 17.21 | 5.20% | ― | -0.82% | -23.99% | |
| ― | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
| ― | $1.07B | -62.59 | -1.18% | 4.39% | 5.37% | -127.27% | |
| ― | $4.19B | ― | -6.68% | 8.25% | -11.36% | -133.01% | 
Patrick Industries reported a 6% increase in net sales to $976 million for the third quarter of 2025, driven by organic growth and acquisitions, despite a decline in industry shipments. The company saw revenue growth across all its primary markets, although operating income and net income decreased compared to the previous year. Strategic investments in innovation and acquisitions, such as the purchase of LilliPad Marine, are enhancing Patrick’s product offerings and market presence. The company returned $13 million to shareholders through dividends and maintained a total net liquidity of $779 million, positioning itself strongly for future growth.
The most recent analyst rating on (PATK) stock is a Hold with a $109.00 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.
On August 14, 2025, Patrick Industries, Inc. declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 8, 2025, to shareholders of record as of August 25, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders, potentially enhancing its attractiveness to investors and reinforcing its market position.
The most recent analyst rating on (PATK) stock is a Buy with a $106.66 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.
Patrick Industries’ Earnings Call Reveals Resilience Amid Challenges
Patrick Industries, Inc., a leading component solutions provider for the RV, Marine, Powersports, and Housing markets, has reported its financial results for the second quarter of 2025. The company, headquartered in Elkhart, Indiana, is known for its comprehensive solutions model that integrates design, manufacturing, distribution, and transportation.
In the second quarter of 2025, Patrick Industries reported a 3% increase in net sales to $1.05 billion, driven by growth in its RV and Housing businesses, despite declines in Marine and Powersports sectors. The company achieved a 2% rise in operating income to $87 million, with a flat operating margin of 8.3%. Adjusted net income was $51 million, excluding one-time legal settlement expenses, and adjusted diluted EPS rose to $1.50. Patrick Industries maintained strong cash flows, with $189 million provided by operating activities year-to-date, and returned $36.5 million to shareholders. The company is strategically positioned to capitalize on market opportunities and plans to focus on strategic acquisitions in the latter half of 2025.
The most recent analyst rating on (PATK) stock is a Buy with a $85.32 price target. To see the full list of analyst forecasts on Patrick Industries stock, see the PATK Stock Forecast page.