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Home CompaniesPatrick Industries Inc

Patrick Industries Inc

Consumer Cyclical Furnishings, Fixtures & Appliances
PortfolioPortfolio WatchlistWatchlist
Company price
79.47 USD -0.23 ( 0.29%)
Last update at 2026-11-11T21:00:00Z
VOLUME
562307
Market Cap
2528.23M
P/E
16.74

Momentum Score

…

Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
77.75
Low
79.47
High
52 Week Price Range
63.48
Low
123.58
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Patrick Industries manufactures component and building products for recreational vehicle, marine, manufactured housing and specialty markets, supplying cabinetry, laminates, windows and engineered interior systems. Long-term growth may be supported by diversification across end markets, recurring aftermarket sales, and incremental gains from acquisitions and vertical integration. Investors may find the company attractive for its scale in niche building-product supply and its exposure to secular housing and leisure trends.

Key risks include cyclicality in RV and housing demand, raw-material price and supply volatility, customer concentration, and execution and leverage risks tied to acquisition-driven growth; investors should monitor these factors.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
79.70
Dividend Yield
1.95%
Revenue TTM
3501.44M
Revenue Per Share
162.60
Gross Profit TTM
1059.94M
Debt / Equity
1.15
ROE
14.58%
Net Debt
1195.65M
ROCE
20.97%
Diluted EPS TTM
6.74

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 435.41M 293.82M 130.37M 117.83M 151.98M
Net income 328.20M 224.91M 97.06M 89.57M 119.83M
Selling general administrative 327.51M 253.55M 146.38M 134.47M 128.24M
Selling and marketing expenses 163.03M 139.61M 98.40M 98.06M 75.00M
Gross profit 1059.94M 801.19M 459.02M 422.87M 415.87M
Reconciled depreciation 130.76M 104.81M 73.27M 62.80M 55.05M
Ebit 496.17M 351.71M 173.37M 154.44M 178.41M
Ebitda 626.93M 456.52M 246.64M 217.24M 212.63M
Depreciation and amortization 130.76M 104.81M 73.27M 62.80M 34.21M
Operating income 496.17M 351.71M 173.37M 154.44M 178.41M
Other operating expenses 4385.70M 3726.38M 2313.22M 2182.64M 2084.65M
Interest expense 60.76M 57.89M 43.00M 36.62M 26.44M
Tax provision 107.21M 68.91M 33.31M 28.26M 32.15M
Interest income - - - 36.62M 26.44M
Net interest income -60.76M -57.89M -43.00M -36.62M -26.44M
Income tax expense 107.21M 68.91M 33.31M 28.26M 32.15M
Total revenue 4881.87M 4078.09M 2486.60M 2337.08M 2263.06M
Total operating expenses 563.77M 449.48M 285.64M 268.43M 237.45M
Cost of revenue 3821.93M 3276.90M 2027.58M 1914.21M 1847.19M
Total other income expense net -60.76M -57.89M -43.00M -36.62M -26.44M
Net income from continuing ops 328.20M 224.91M 97.06M 89.57M 119.83M
Net income applicable to common shares 328.20M 224.91M 97.06M 89.57M 119.83M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 2674.23M 2782.47M 2650.73M 1753.43M 1470.99M
Intangible assets 651.15M 720.23M 640.46M 456.28M 357.01M
Other current assets 39.95M 46.33M 64.48M 37.98M 36.04M
Total liab 1628.89M 1827.30M 1883.17M 1193.99M 973.51M
Total stockholder equity 1045.34M 955.17M 767.56M 559.44M 497.48M
Deferred long term liab - 48.39M 36.45M 39.52M 27.28M
Other current liab 109.34M 172.59M 13.83M 83.20M 58.03M
Common stock 203.26M 197.00M 196.38M 180.89M 172.66M
Capital stock 203.26M 197.00M 196.38M 180.89M 172.66M
Retained earnings 843.08M 758.86M 513.73M 360.21M 305.50M
Other liab - 61.44M 51.25M 67.52M 43.89M
Good will 637.39M 629.26M 551.38M 852.08M 676.36M
Other assets - 8.83M 7.15M 3.99M 3.40M
Cash 11.41M 22.85M 122.85M 44.77M 139.39M
Total current liabilities 308.50M 367.24M 432.78M 227.39M 186.94M
Current deferred revenue 2.37M - 167.61M - -
Net debt 1195.65M 1427.51M 1324.10M 892.72M 630.12M
Short term debt 56.26M 51.73M 47.80M 38.40M 32.69M
Short long term debt 7.50M 7.50M 7.50M 7.50M 5.00M
Short long term debt total 1207.06M 1450.36M 1446.95M 937.48M 769.51M
Other stockholder equity - 113.24M 59.67M 24.39M 25.01M
Property plant equipment - 350.57M 477.68M 251.49M 180.85M
Total current assets 734.63M 909.90M 974.08M 528.06M 516.83M
Net tangible assets - -394.32M -424.28M -292.63M -178.88M
Short term investments - - - - 1.41M
Net receivables 173.14M 172.89M 172.39M 132.50M 87.54M
Long term debt 1018.36M 1276.15M 1278.99M 810.91M 670.35M
Inventory 510.13M 667.84M 614.36M 312.81M 253.87M
Accounts payable 140.52M 142.91M 203.54M 105.79M 96.21M
Accumulated other comprehensive income -1.00M -0.69M -2.23M -6.05M -5.70M
Common stock total equity - 197.00M 196.38M 180.89M 172.66M
Retained earnings total equity - 758.86M 513.73M 360.21M 305.50M
Non currrent assets other 7.93M 8.83M 7.15M 3.99M 3.40M
Non current assets total 1939.60M 1872.57M 1676.66M 1225.37M 954.16M
Capital lease obligations 181.21M 166.71M 160.46M 119.08M 94.16M
Long term debt total - 1276.15M 1278.99M 810.91M 670.35M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -188.05M -321.47M -574.73M -337.88M -79.21M
Change to liabilities - -94.98M 149.85M 20.75M 1.08M
Total cashflows from investing activities - -321.47M -574.73M -337.88M -79.21M
Net borrowings - -64.67M 447.44M 134.94M 36.70M
Total cash from financing activities -333.56M -190.27M 400.69M 83.11M 19.30M
Change to operating activities - 20.12M -110.08M -45.41M -12.87M
Net income 142.90M 328.20M 224.91M 97.06M 89.57M
Change in cash -11.44M -100.00M 78.08M -94.62M 132.50M
Begin period cash flow 22.85M 122.85M 44.77M 139.39M 6.89M
End period cash flow 11.41M 22.85M 122.85M 44.77M 139.39M
Total cash from operating activities 408.67M 411.74M 252.13M 160.15M 192.41M
Depreciation 144.54M 130.76M 104.81M 73.27M 62.80M
Other cashflows from investing activities - -241.58M -509.93M -305.78M -51.55M
Dividends paid 42.14M 32.87M 27.02M 23.63M 5.80M
Change to inventory 162.18M -11.90M -232.47M -34.55M 19.68M
Change to account receivables 8.92M 26.06M -149.85M -20.75M 5.77M
Sale purchase of stock -18.81M -77.12M -48.94M -23.11M -3.81M
Other cashflows from financing activities -13.74M 821.16M -92.60M -1.42M -11.63M
Change to netincome - 11.63M 24.50M 19.27M 19.37M
Capital expenditures 58.99M 79.88M 64.80M 32.10M 27.66M
Change receivables - 26.06M -14.35M -29.19M 5.77M
Cash flows other operating - 20.12M -13.11M -2.41M -12.87M
Cash and cash equivalents changes - -100.00M 78.08M -94.62M 132.50M
Change in working capital 98.89M -60.69M -110.08M -45.41M 13.66M
Stock based compensation 19.43M 21.75M 22.89M 15.96M 15.44M
Other non cash items 3.50M 1.08M 13.54M 11.18M 5.36M
Free cash flow 349.69M 331.86M 187.33M 128.05M 164.75M

Peer Comparison*

Sector: Consumer Cyclical Industry: Furnishings, Fixtures & Appliances

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
PATK
Patrick Industries Inc		 -0.23
0.29%		 79.47 16.74 13.14 0.69 2.29 1.04 8.87
MGCLY
Midea Group Co., Ltd.		 0.13
1.03%		 12.79 14.58 12.58 0.21 3.06 1.38 9.81
HSHCY
Haier Smart Home Co. Ltd		 -0.14
1.30%		 10.59 9.24 8.53 0.08 1.39 0.59 5.39
HRSHF
Haier Smart Home Co. Ltd		 -
-%		 2.85 8.97 8.35 0.08 1.36 0.58 5.38
SN
SharkNinja, Inc.		 0.43
0.19%		 226.93 34.59 23.26 3.41 8.40 3.48 22.40

Profile*

Patrick Industries Inc

Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.

107 West Franklin Street, Elkhart, IN, United States, 46516

(574) 294-7511

https://www.patrickind.com

10000

Name Title Year Born
Mr. Todd M. Cleveland Exec. Chairman 1968
Mr. Andy L. Nemeth CEO & Director 1969
Mr. Jeffrey M. Rodino Pres 1970
Mr. Jacob R. Petkovich Principal Accounting Officer, CFO, Exec. VP of Fin. & Treasurer 1974
Mr. Kip B. Ellis Exec. VP of Operations & COO 1974
Ms. Julie Ann Kotowski Director of Investor Relations NA
Attorney Joel D. Duthie Exec. VP, Chief Legal Officer & Sec. 1975
Mr. Jeffrey M. Rodino President & President of RV 1970
Attorney Joel D. Duthie Executive VP, Chief Legal Officer & Secretary 1975
Mr. Kip B. Ellis President of Powersports & Housing 1974

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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