Patrick Industries, Inc.(PATK) Stock Research - Grey Stern Research
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Patrick Industries, Inc. (PATK) Stock Analysis

$79.25 (-0.53%)

PATK Financial Performance


Use the table below to view Patrick Industries, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $79.67 -
52 Week Low $67.72 -
52 Week High $98.90 -
Market Cap $2.7 Billion 1/8
Gross Margin 22% 7/8
Profit Margin 2% 6/8
EBITDA margin 5% 4/8
Q3 - 2024 Revenue $846.1 Million 1/8
Q3 - 2024 Earnings $14.6 Million 3/8
Q3 - 2024 Free Cash Flow $0 Million 7/8
Trailing 4 Quarters Revenue $3.7 Billion 1/8
Trailing 4 Quarters Earnings $138.4 Million 1/8
Quarterly Earnings Growth -53% 6/8
Annual Earnings Growth -7% 5/8
Quarterly Revenue Growth 8% 1/8
Annual Revenue Growth 10% 3/8
Cash On Hand $33.6 Million 4/8
Short Term Debt $59.9 Million 1/8
Long Term Debt $151.0 Million 1/8

Patrick Industries, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Patrick Industries, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 19.32 1/8
PS 0.72 2/8
PB 2.37 2/8
PC 79.66 1/8
Liabilities to Equity 1.68 2/8
ROA 0.05 4/8
ROE 0.12 3/8
Current Ratio 1.60 6/8
Quick Ratio 0.02 7/8
Long Term Debt to Equity 0.13 6/8
Debt to Equity 0.19 6/8
Burn Rate 5.19 2/8
Cash to Cap 0.01 6/8
CCR 7/8
EV to EBITDA 72.00 2/8
EV to Revenue 0.77 2/8

Company Details

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

CEO: Mr. Andrew Nemeth

Website: https://www.patrickind.com

Address: 107 W Franklin St, PO Box 638 Elkhart, INDIANA

Exchange: NASDAQ Global Select

Industry: Recreational Vehicles

Patrick Industries, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Patrick Industries, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Flexsteel Industries, Inc. FLXS $173.4 Million
Hamilton Beach Brands Holding Company HBB $266.1 Million
Hooker Furnishings Corporation HOFT $94.7 Million
Kimball International, Inc. KBAL $0
Bassett Furniture Industries, Incorporated BSET $154.7 Million
Natuzzi S.p.A. NTZ $9.5 Million
Ethan Allen Interiors Inc. ETD $722.7 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
PATK Income Statements
Quarter Year Revenue Earnings
Q4 2024 $ 846.1 Million $14.6 Million
Q3 2024 $ 919.4 Million $40.9 Million
Q2 2024 $ 1.0 Billion $47.9 Million
Q1 2024 $ 933.5 Million $35.1 Million
Q4 2023 $ 781.2 Million $30.8 Million
Q3 2023 $ 866.1 Million $39.6 Million
Q2 2023 $ 920.7 Million $42.4 Million
Q1 2023 $ 900.1 Million $30.2 Million

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PATK Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q4 2024 $33.6 Million $3.0 Billion $211.0 Million $1.1 Billion
Q3 2024 $52.6 Million $3.1 Billion $1.6 Billion $1.1 Billion
Q2 2024 $44.0 Million $3.0 Billion $1.5 Billion $1.1 Billion
Q1 2024 $17.6 Million $3.0 Billion $1.6 Billion $1.1 Billion
Q4 2023 $11.4 Million $2.6 Billion $1.2 Billion $1.0 Billion
Q3 2023 $16.5 Million $2.7 Billion $1.3 Billion $1.0 Billion
Q2 2023 $33.9 Million $2.7 Billion $1.4 Billion $997.4 Million
Q1 2023 $30.8 Million $2.8 Billion $1.5 Billion $969.8 Million

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PATK Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $33.7 Million -$17.9 Million $8.6 Million
Q2 2024 $120.6 Million -$16.9 Million $26.4 Million
Q1 2024 $19.7 Million -$15.5 Million $6.2 Million
Q4 2023 $73.1 Million $0 $73.1 Million
Q3 2023 $107.5 Million -$8.0 Million -$17.5 Million
Q2 2023 $166.0 Million -$13.3 Million $3.1 Million
Q1 2023 -$21.2 Million -$20.3 Million $7.9 Million
Q4 2022 $165.5 Million -$16.4 Million -$30.4 Million

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