Patrick Industries, Inc. PATK
- Market cap
- $2.2B
- P/E
- 15.0×
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Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 13.01 | 26.71 | 18.21 | 19.19 | 11.13 | 44.38 | 27.83 | 39.63 | 60.67 | 72.99 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 35.18 | 46.93 | 48.23 | 37.25 | 48.56 | 65.89 | 55.46 | 68.33 | 98.90 | 116.78 |
High Price
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| 4,497 | 6,721 | 8,113 | 7,500 | 8,700 | 11,000 | 11,000 | 10,000 | 10,000 | 10,000 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
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| 1,222 | 1,636 | 2,263 | 2,337 | 2,487 | 4,078 | 4,882 | 3,468 | 3,716 | 3,951 |
Revenue
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| 16.57% | 17.05% | 18.38% | 18.09% | 18.46% | 19.65% | 21.71% | 22.56% | 22.50% | 23.11% |
Gross Margin
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| 84 | 113 | 152 | 118 | 130 | 294 | 435 | 191 | 179 | 177 |
EBT
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| 6.85% | 6.92% | 6.72% | 5.04% | 5.24% | 7.20% | 8.92% | 5.51% | 4.81% | 4.48% |
EBT Margin
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| 56 | 86 | 120 | 90 | 97 | 225 | 328 | 143 | 138 | 135 |
Net Income
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| 24 | 34 | 61 | 70 | 80 | 113 | 135 | 148 | 170 | 173 |
Depreciation
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| 36.18 | 45.01 | 62.88 | 67.58 | 72.94 | 119.36 | 147.00 | 107.44 | 114.09 | 121.61 |
Revenue/Sh
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| 1.64 | 2.36 | 3.33 | 2.59 | 2.85 | 6.58 | 9.88 | 4.43 | 4.25 | 4.16 |
Earnings/Sh
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| 2.88 | 2.75 | 5.56 | 5.56 | 4.70 | 7.38 | 12.40 | 12.66 | 10.04 | 10.14 |
Cash Flow/Sh
|
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| (0.45) | (0.59) | (0.78) | (0.67) | (0.94) | (1.89) | (2.19) | (1.88) | (3.10) | (2.61) |
Capex/Sh
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| 2.43 | 2.16 | 4.78 | 4.89 | 3.76 | 5.49 | 10.21 | 10.78 | 6.93 | 7.53 |
Free CF/Sh
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| 5.49 | 10.20 | 11.36 | 14.38 | 16.41 | 22.47 | 28.76 | 32.39 | 34.65 | 36.45 |
Book Value/Sh
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| 34 | 36 | 36 | 35 | 34 | 34 | 33 | 32 | 33 | 32 |
Shares
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| 21.39 | 19.77 | 5.92 | 13.51 | 15.97 | 8.17 | 4.13 | 15.01 | 19.55 | 26.06 |
PE Ratio
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| 0.95 | 1.04 | 0.31 | 0.52 | 0.62 | 0.45 | 0.28 | 0.62 | 0.73 | 0.89 |
PS Ratio
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| 6.27 | 4.58 | 1.74 | 2.43 | 2.78 | 2.39 | 1.41 | 2.05 | 2.40 | 2.97 |
PB Ratio
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| 1.17 | 1.25 | 0.59 | 0.75 | 0.94 | 0.74 | 0.53 | 0.91 | 1.07 | 1.21 |
EV/Sales
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| 17.42 | 26.04 | 7.76 | 10.31 | 18.14 | 16.01 | 7.69 | 9.32 | 18.41 | 22.70 |
EV/FCF
|
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| 97 | 100 | 200 | 192 | 160 | 252 | 412 | 409 | 327 | 329 |
Op' Cash Flow
|
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| (15) | (21) | (28) | (23) | (32) | (65) | (73) | (61) | (101) | (85) |
Capex
|
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| 82 | 79 | 172 | 169 | 128 | 188 | 339 | 348 | 226 | 245 |
FCF
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| 87 | 138 | 227 | 330 | 301 | 541 | 543 | 426 | 469 | 525 |
Working Cap'
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| 273 | 354 | 631 | 675 | 818 | 1,286 | 1,284 | 1,026 | 1,318 | 1,289 |
Total Debt
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| 266 | 351 | 624 | 536 | 774 | 1,164 | 1,261 | 1,014 | 1,284 | 1,263 |
Net Debt
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| 185 | 371 | 409 | 497 | 559 | 768 | 955 | 1,045 | 1,128 | 1,184 |
Sh' Equity
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| 12.13% | 12.23% | 11.42% | 6.63% | 6.02% | 10.21% | 12.08% | 5.35% | 4.96% | 4.43% |
ROA
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| 12.57% | 10.56% | 10.80% | 9.34% | 8.13% | 11.38% | 13.99% | 7.90% | 6.68% | 7.05% |
ROIC
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| 35.39% | 30.83% | 30.75% | 19.77% | 18.37% | 33.90% | 38.10% | 14.29% | 12.73% | 11.68% |
ROE
|
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Patrick Industries, Inc. (PATK) key facts
- Patrick Industries, Inc. (PATK) is a Recreational Vehicles company in the Consumer Cyclical sector, listed on Nasdaq.
- Patrick Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 6.33% from fiscal 2024.
- Net income was $135.1 million, or $4.16 per share (basic), a net margin of 3.42%.
- As of September 25, 2026, PATK traded at $68.49, a market capitalization of $2.2 billion.
- At that price the stock trades at 15.0× trailing-twelve-month earnings and 0.6× sales.
- Patrick Industries, Inc. pays an annual dividend of $1.80 per share, a yield of 1.75%, with a payout ratio of 22.6%.
- Return on equity was 11.7% and debt-to-equity 1.25.
Patrick Industries, Inc. (PATK) Latest News
26 Aug
Rockford Fosgate launches all-new audio systems for the 2027 Can-Am Defender. New Rockford Fosgate audio systems for one vehicle model may lift PATK subsidiary revenue in a limited way.
3 Aug
Patrick Industries (PATK) held its Q2 2026 earnings call discussing quarterly financial results, operational performance and forward outlook. Earnings call releases standard financial updates and guidance that typically produce moderate short-term market reaction.
Rockford Fosgate expands Polaris audio lineup with new RZR and Sportsman systems. Product expansion in powersports audio segment supports incremental revenue growth for PATK.
30 Jul
Patrick Industries, Inc. released its Q2 2026 earnings call summary covering financial results and business updates. Earnings call updates on quarterly results and outlook typically influence short-term market sentiment and financial perceptions without major strategic shifts.
Patrick Industries (PATK) Q2 2026 earnings call transcript outlines company performance and outlook. Quarterly earnings transcript offers performance details likely to influence short-term stock movement.
Patrick Industries Inc posted Q2 2026 earnings call highlights with diversified growth offsetting RV sector weakness. Diversified growth amid RV challenges signals moderate influence on near-term financial performance and sentiment without major trajectory shifts.
Patrick Industries Q2 earnings call highlighted financial results, operational updates and forward guidance for the company. Quarterly earnings data typically affect near-term financial views and trading activity for PATK.
Patrick Industries (PATK) Q2 earnings and revenues surpassed estimates. Q2 earnings and revenue beat signals stronger than expected results with moderate positive effect on near-term performance.
Patrick Industries reported Q2 earnings, with key metrics analyzed for performance insights. Q2 earnings release and metrics review may affect near-term sentiment without major strategic shifts.
Patrick Industries, Inc. released second quarter 2026 financial results. Quarterly earnings updates deliver performance data that can shift near-term stock valuation and sentiment.
23 Jul
Patrick Industries (PATK) Q2 earnings are expected to decline year-over-year. Forecasted Q2 earnings decline points to weaker financial results that could weigh on Patrick Industries stock and near-term investor outlook.
2 Jul
LCI Industries (LCII) agrees to all-stock merger with Patrick Industries (PATK). All-stock merger with LCII constitutes a transformative strategic shift for PATK.
30 Jun
Patrick Industries and LCI Industries announce merger. Merger with LCI Industries fundamentally redefines Patrick Industries' scale, operations and market position.
Patrick Industries and LCI Industries announce all-stock merger to form a leading platform serving global outdoor enthusiast, housing and other markets. All-stock merger with LCI Industries creates new entity that fundamentally redefines PATK scale, operations and market position.
Patrick Industries and LCI Industries announce an all-stock merger. All-stock merger with LCI Industries constitutes a major strategic consolidation altering Patrick Industries' scale and positioning.
26 Jun
Winnebago stock outlook for 2026 depends on motorhome RV segment strength, with direct implications for component suppliers including Patrick Industries through sustained or shifting demand levels. RV market conditions in 2026 will influence order volumes for Patrick Industries from motorhome manufacturers.
10 May
Patrick Industries terminates acquisition talks with LCI Industries, as insider buying underscores confidence in the company's standalone strategy and future growth. Ending major acquisition talks while insiders buy shares signals a significant strategic realignment with potential to reshape investor sentiment and performance trajectory.
4 May
LCI Industries and Patrick Industries terminate discussions regarding potential merger of equals. Termination of merger discussions ends a major strategic opportunity that could have significantly expanded operations and market position.
Patrick Industries and LCI Industries terminated discussions on a potential merger of equals. Termination of merger talks eliminates a major strategic growth opportunity that could significantly impact Patrick Industries' scale, competitive position, and investor sentiment.
1 May
Patrick Industries (PATK) Q1 2026 earnings call transcript covers first-quarter financial results, operational updates, and forward guidance. Q1 2026 earnings results and guidance directly influence PATK's financial trajectory and investor sentiment.
Patrick Industries, Inc. (PATK) Q1 2026 earnings call summary covers financial results, operational performance, market conditions, and forward guidance. Quarterly earnings summaries disclose financial metrics, strategic updates, and outlook that significantly influence investor sentiment and stock trajectory.
30 Apr
Patrick Industries (PATK) Q1 earnings call highlights key financial results, operational updates, strategic initiatives, and forward-looking guidance amid industry dynamics. Q1 earnings call highlights detail financial performance and outlook, likely influencing investor sentiment and stock trajectory significantly.
Patrick Industries (PATK) reported Q1 earnings, with key metrics indicating performance trends and future outlook. Q1 earnings reports often signal financial health and guide market expectations, potentially shifting investor sentiment and stock trajectory.
Patrick Industries, Inc. (PATK) reported first quarter 2026 financial results. Quarterly earnings reports like Q1 2026 results typically drive significant stock price movements and shape investor expectations for future performance.
Patrick Industries (PATK) Q1 earnings topped analyst estimates. Q1 earnings beat signals solid financial performance with moderate positive effect on market sentiment and stock trajectory.
25 Apr
Analyst price targets for Patrick Industries (PATK) are rebalancing, signaling a shift in the company's market narrative amid changing expectations. Analyst target rebalancing moderately influences investor sentiment and PATK's market performance without fundamentally altering its trajectory.
17 Apr
LCI Industries confirms ongoing discussions for a potential merger of equals with Patrick Industries, Inc. (PATK). Confirmation of merger discussions with LCI Industries signals a major strategic move that could significantly expand PATK's scale, synergies, and market position.
Patrick Industries, Inc. (PATK) confirms it is in discussions with LCI Industries regarding a potential merger of equals. Merger discussions with LCI Industries signal a major strategic move that could reshape PATK's operations, market position, and investor sentiment.
26 Mar
Patrick Industries, Inc. (PATK) launches first-of-its-kind Digital Design Studio for RV, marine, and powersports industries, enabling advanced customization and design collaboration. Debuting a pioneering Digital Design Studio strengthens PATK's innovation edge in core RV, marine, and powersports markets, likely enhancing competitive positioning and revenue potential.
17 Mar
Rising gas prices threaten to crush the RV industry, severely impacting Patrick Industries (PATK), a major supplier of components, as consumers abandon camping and travel plans amid high fuel costs. Elevated gas prices will sharply reduce RV demand and sales, core to PATK's manufacturing and distribution operations.