Patrick Industries, Inc. (PATK)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 2,487 | 4,078 | 4,882 | 3,468 | 3,716 | 3,951 | 3,939 | 3,878 |
| Operating profit | $m | 276 | 265 | ||||||
| Net profit | $m | 97 | 225 | 328 | 143 | 138 | 135 | 147 | 147 |
| EPS reported | $ | 3.90 | 4.21 | ||||||
| Operating cashflow per share | $ | 10.14 | 6.49 | ||||||
| Capex per share | $ | 2.69 | 2.52 | ||||||
| FCF per share | $ | 7.45 | 3.97 | ||||||
| Free cash flow | $m | 242 | 128 | ||||||
| Net debt | $m | 1,466 | 1,390 | ||||||
| Book value equity | $m | 1,184 | 1,131 | ||||||
| Book value per share | $ | 34.19 | 32.32 | ||||||
| Number of shares | m | 34.64 | 34.99 | ||||||
| DPS (TTM paid) | $ | 1.67 | 1.88 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 27.80 | 16.27 | ||||||
| P/B LTM | x | 2.97 | 3.11 | ||||||
| P/S LTM | x | 0.89 | 0.89 | ||||||
| P/FCF LTM | x | 14.56 | 27.56 | ||||||
| EV/EBITDA LTM | x | 12.18 | 11.79 | ||||||
| EV/Sales LTM | x | 1.30 | 1.13 | ||||||
| Earnings Yield LTM | % | +3.60% | +6.15% | ||||||
| FCF Yield | % | +6.87% | +3.63% | ||||||
| Quality | |||||||||
| ROE | % | +11.40% | +12.61% | ||||||
| ROIC | % | +7.55% | +7.06% | ||||||
| Operating margin | % | +6.99% | +6.74% | ||||||
| Gross margin | % | +23.11% | +23.06% | ||||||
| FCF/Sales | % | +6.12% | +3.25% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -5.11% | +2.43% | ||||||
| Sales Growth YoY | % | +6.33% | +6.00% | ||||||
| Net Income Growth YoY | % | -2.42% | +6.42% | ||||||
| FCF Growth | % | -3.68% | -49.11% | ||||||
| Operating Profit Growth | % | +6.96% | +2.87% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +1.57% | +2.10% | ||||||
| Dividend Growth | % | +11.33% | +25.33% | ||||||
| Payout Ratio | % | +40.92% | +40.20% | ||||||
| FCF/Debt | x | 0.15 | 0.08 | ||||||
| Net Debt/EBITDA | x | 3.83 | 3.72 | ||||||
| EBIT/Net interest | x | 3.70 | 3.59 | ||||||
| Net debt/market cap | % | +42.38% | +50.11% | ||||||
| Net debt/Equity | x | 1.24 | 1.23 | ||||||
| Gross debt/equity | x | 1.39 | 1.46 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company's operational footprint covers the United States, China, and Canada, executed through its distinct Manufacturing and Distribution divisions. Within its Manufacturing segment, the company produces a comprehensive range of specialized parts and finished goods. This includes numerous interior furnishings like furniture, shelving, wall panels, various countertop options (including solid surface, granite, and quartz fabrications), bespoke cabinetry, and cabinet doors. Patrick Industries also fabricates fiberglass bath fixtures, tile systems, decorative laminated panels, and polymer-based flooring. Tailored for the marine and RV industries, it manufactures aluminum and plastic goods, fiberglass and plastic components, dash panels, and offers RV painting services. Acoustic products such as amplifiers, tower speakers, soundbars, and subwoofers are also part of its production capabilities. Additionally, this division supplies wrapped profile mouldings, interior passage doors, air handling systems, slide-out trim and fascia, various types of plywood, fiberglass and plastic helm systems, boat covers, adhesives, sealants, thermoformed shower surrounds, specialty bath and closet items, wiring harnesses, fuel tanks, CNC molds, composite parts, marine hardware, and slotwall panels. The company's Distribution division focuses on supplying a broad assortment of finished goods and raw materials. Its offerings include pre-finished wall and ceiling panels, drywall and finishing products, and a variety of electronic and audio system components. This segment also distributes major appliances, marine accessories, diverse wiring products, and crucial electrical and plumbing fixtures. Building materials such as fiber reinforced polyester and cement siding, along with raw and processed lumber, are also provided. Furthermore, the division handles various flooring types (including interior passage, roofing, laminate, and ceramic), shower doors, furniture, fireplaces with surrounds, and both interior and exterior lighting solutions. Beyond product supply, this division also delivers comprehensive transportation and logistics services. Established in 1959, Patrick Industries, Inc. is headquartered in Elkhart, Indiana.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Patrick Industries, Inc. (PATK)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company's operational footprint covers the United States, China, and Canada, executed through its distinct Manufacturing and Distribution divisions. Within its Manufacturing segment, the company produces a comprehensive range of specialized parts and finished goods. This includes numerous interior furnishings like furniture, shelving, wall panels, various countertop options (including solid surface, granite, and quartz fabrications), bespoke cabinetry, and cabinet doors. Patrick Industries also fabricates fiberglass bath fixtures, tile systems, decorative laminated panels, and polymer-based flooring. Tailored for the marine and RV industries, it manufactures aluminum and plastic goods, fiberglass and plastic components, dash panels, and offers RV painting services. Acoustic products such as amplifiers, tower speakers, soundbars, and subwoofers are also part of its production capabilities. Additionally, this division supplies wrapped profile mouldings, interior passage doors, air handling systems, slide-out trim and fascia, various types of plywood, fiberglass and plastic helm systems, boat covers, adhesives, sealants, thermoformed shower surrounds, specialty bath and closet items, wiring harnesses, fuel tanks, CNC molds, composite parts, marine hardware, and slotwall panels. The company's Distribution division focuses on supplying a broad assortment of finished goods and raw materials. Its offerings include pre-finished wall and ceiling panels, drywall and finishing products, and a variety of electronic and audio system components. This segment also distributes major appliances, marine accessories, diverse wiring products, and crucial electrical and plumbing fixtures. Building materials such as fiber reinforced polyester and cement siding, along with raw and processed lumber, are also provided. Furthermore, the division handles various flooring types (including interior passage, roofing, laminate, and ceramic), shower doors, furniture, fireplaces with surrounds, and both interior and exterior lighting solutions. Beyond product supply, this division also delivers comprehensive transportation and logistics services. Established in 1959, Patrick Industries, Inc. is headquartered in Elkhart, Indiana.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free