Saturday 17 October 2026
Export PATK’s income statement to Excel — free account
Patrick Industries, Inc.
PATK Consumer Cyclical Recreational Vehicles
Patrick Industries, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 6.33% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 36.0%, free cash flow fell 49.4% and total debt rose 11.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.
68.04
0.09
−0.13%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
21.39 | 19.77 | 5.92 | 13.51 | 15.97 | 8.17 | 4.13 | 15.01 | 19.55 | 26.06 |
Piotroski F-Score |
6 | 7 | 6 | 6 | 5 | 6 | 8 | 6 | 4 | 7 |
P/S ratio |
0.95 | 1.04 | 0.31 | 0.52 | 0.62 | 0.45 | 0.28 | 0.62 | 0.73 | 0.89 |
Altman Z-Score |
5.30 | 4.90 | 3.31 | 3.24 | 3.02 | 3.08 | 3.40 | 3.20 | 2.99 | 3.35 |
Altman Z″-Score (non-manufacturers) |
3.45 | 3.52 | 3.30 | 3.39 | 2.95 | 3.29 | 3.92 | 3.57 | 3.22 | 3.41 |
P/FCF ratio |
14.17 | 21.57 | 4.13 | 7.15 | 12.11 | 9.80 | 3.97 | 6.33 | 12.48 | 16.71 |
Beneish M-Score |
(2.74) | (1.74) | (2.77) | (2.74) | (2.18) | (2.26) | (2.61) | (2.93) | (2.70) | (2.76) |
P/Operating CF |
25.49 | 25.30 | 9.79 | 17.17 | 32.78 | 17.55 | 7.42 | 18.70 | 26.36 | 26.92 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 70 |
P/B ratio |
6.27 | 4.58 | 1.74 | 2.43 | 2.78 | 2.39 | 1.41 | 2.05 | 2.40 | 2.97 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
1.17 | 1.25 | 0.59 | 0.75 | 0.94 | 0.74 | 0.53 | 0.91 | 1.07 | 1.21 |
EV/EBITDA |
12.40 | 13.17 | 5.57 | 7.78 | 9.17 | 6.46 | 4.14 | 7.75 | 9.33 | 10.65 |
EV/Operating CF |
14.71 | 20.49 | 6.67 | 9.07 | 14.53 | 11.90 | 6.34 | 7.74 | 12.21 | 14.53 |
EV/FCF |
17.42 | 26.04 | 7.76 | 10.31 | 18.14 | 16.01 | 7.69 | 9.32 | 18.41 | 22.70 |
Quick Ratio |
0.52 | 0.59 | 0.57 | 1.21 | 0.78 | 0.68 | 0.53 | 0.57 | 0.60 | 0.61 |
Current Ratio |
2.01 | 2.01 | 2.44 | 2.76 | 2.32 | 2.25 | 2.48 | 2.38 | 2.33 | 2.51 |
Net Debt/EBITDA |
2.31 | 2.26 | 2.61 | 2.39 | 3.05 | 2.51 | 2.00 | 2.49 | 3.00 | 2.81 |
Debt/Assets |
50.95% | 40.83% | 51.21% | 45.91% | 46.67% | 48.53% | 46.13% | 40.03% | 43.63% | 41.91% |
Debt/Equity |
1.47 | 0.95 | 1.54 | 1.36 | 1.46 | 1.68 | 1.34 | 0.98 | 1.17 | 1.09 |
Asset Turnover |
2.67 | 2.33 | 2.16 | 1.73 | 1.54 | 1.85 | 1.80 | 1.30 | 1.33 | 1.30 |
Operating CF/Net income |
1.75 | 1.17 | 1.67 | 2.15 | 1.65 | 1.12 | 1.25 | 2.86 | 2.36 | 2.44 |
Capex/Depreciation |
(0.62) | (0.63) | (0.46) | (0.33) | (0.40) | (0.57) | (0.54) | (0.41) | (0.60) | (0.49) |
Interest Coverage |
12.64 | 13.87 | 6.75 | 4.22 | 4.03 | 6.08 | 8.17 | 3.77 | 3.25 | 3.70 |
| 35.39% | 30.83% | 30.75% | 19.77% | 18.37% | 33.90% | 38.10% | 14.29% | 12.73% | 11.68% | |
| 12.13% | 12.23% | 11.42% | 6.63% | 6.02% | 10.21% | 12.08% | 5.35% | 4.96% | 4.43% | |
ROIC |
12.57% | 10.56% | 10.80% | 9.34% | 8.13% | 11.38% | 13.99% | 7.90% | 6.68% | 7.05% |
Return on Tangible Assets |
32.28% | 33.48% | 29.62% | 17.54% | 17.58% | 26.13% | 36.74% | 18.33% | 16.21% | 14.47% |
Average Days of Receivables |
11.49 | 17.36 | 13.31 | 13.67 | 19.45 | 15.43 | 12.93 | 17.24 | 17.51 | 17.13 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
5.09% | 5.55% | 5.67% | 5.75% | 5.89% | 6.22% | 6.71% | 8.63% | 8.77% | 9.15% |
Intangible Assets out of Total Assets |
0.51 | 0.54 | 0.54 | 0.46 | 0.49 | 0.45 | 0.49 | 0.50 | 0.53 | 0.51 |
Share Based Compensation of Revenue |
0.53% | 0.64% | 0.62% | 0.66% | 0.64% | 0.56% | 0.45% | 0.56% | 0.45% | 0.48% |
Graham Net Nets |
(0.15) | (0.13) | (0.62) | (0.38) | (0.43) | (0.49) | (0.68) | (0.36) | (0.40) | (0.29) |
Graham Number |
14.10 | 23.27 | 29.19 | 28.94 | 32.46 | 57.67 | 79.78 | 56.84 | 57.56 | 58.41 |
Earnings Yield |
4.67% | 5.06% | 16.89% | 7.40% | 6.26% | 12.23% | 24.20% | 6.66% | 5.12% | 3.84% |
Free Cash Flow Yield |
7.05% | 4.64% | 24.21% | 13.99% | 8.26% | 10.20% | 25.16% | 15.79% | 8.01% | 5.98% |
Revenue per Share |
36.18 | 45.01 | 62.88 | 67.58 | 72.94 | 119.36 | 147.00 | 107.44 | 114.09 | 121.61 |
Operating CF per Share |
2.88 | 2.75 | 5.56 | 5.56 | 4.70 | 7.38 | 12.40 | 12.66 | 10.04 | 10.14 |
Capex per Share |
(0.45) | (0.59) | (0.78) | (0.67) | (0.94) | (1.89) | (2.19) | (1.88) | (3.10) | (2.61) |
Free Cash Flow per Share |
2.43 | 2.16 | 4.78 | 4.89 | 3.76 | 5.49 | 10.21 | 10.78 | 6.93 | 7.53 |
Cash per Share |
0.19 | 0.08 | 0.19 | 4.03 | 1.31 | 3.60 | 0.69 | 0.35 | 1.03 | 0.81 |
Shareholders Equity per Share |
5.49 | 10.20 | 11.36 | 14.38 | 16.41 | 22.47 | 28.76 | 32.39 | 34.65 | 36.45 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
5.49 | 10.20 | 11.36 | 14.38 | 16.41 | 22.47 | 28.76 | 32.39 | 34.65 | 36.45 |
Free Cash Flow |
82.02 | 78.62 | 171.99 | 169.15 | 128.26 | 187.52 | 339.17 | 347.99 | 225.74 | 244.67 |
Working Capital |
86.68 | 137.53 | 227.41 | 329.90 | 300.67 | 541.30 | 542.66 | 426.14 | 469.00 | 524.63 |
Capital Expenditures |
(15.13) | (21.29) | (28.02) | (23.26) | (31.89) | (64.61) | (72.57) | (60.69) | (101.10) | (84.75) |
Net Current Asset Value |
(176.73) | (222.01) | (437.31) | (456.68) | (665.93) | (909.10) | (917.40) | (782.48) | (1,069.97) | (1,018.75) |
EV/EBIT |
15.73 | 16.79 | 7.48 | 11.30 | 13.42 | 8.53 | 5.26 | 12.15 | 15.46 | 17.34 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 |
Price to Operating Income |
12.80 | 13.91 | 3.98 | 7.83 | 8.96 | 5.23 | 2.72 | 8.25 | 10.49 | 12.76 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.29 | 0.28 | 0.34 | 0.39 | 0.32 | 0.35 | 0.38 | 0.42 | 0.44 | 0.42 |
Cash ROIC |
17.66% | 10.81% | 16.44% | 12.89% | 9.02% | 8.61% | 15.00% | 16.71% | 9.10% | 9.79% |
Accounts Receivable Turnover |
31.87 | 28.14 | 28.24 | 27.49 | 22.60 | 26.75 | 28.28 | 20.60 | 21.73 | 21.73 |
Accounts Payable Turnover |
27.01 | 20.74 | 21.24 | 20.58 | 20.08 | 21.19 | 22.06 | 18.95 | 17.54 | 15.97 |
Inventory Turnover |
9.73 | 9.19 | 8.24 | 7.27 | 7.16 | 7.07 | 5.96 | 4.56 | 5.42 | 5.30 |
Average Days of Payables |
16.74 | 22.63 | 17.74 | 18.34 | 19.04 | 22.67 | 13.65 | 19.10 | 23.82 | 23.12 |
Days of Inventory on Hand |
42.97 | 47.15 | 53.92 | 48.41 | 56.31 | 68.43 | 63.78 | 69.33 | 69.91 | 71.52 |
Average Receivables |
38.33 | 58.12 | 80.14 | 85.02 | 110.02 | 152.45 | 172.64 | 168.36 | 171.02 | 181.81 |
Average Payables |
37.75 | 65.43 | 86.96 | 93.01 | 101.00 | 154.66 | 173.22 | 141.72 | 164.22 | 190.18 |
Average Inventory |
104.75 | 147.64 | 224.08 | 263.38 | 283.34 | 463.58 | 641.10 | 588.99 | 530.88 | 573.44 |
Average Assets |
458.27 | 700.80 | 1,048.94 | 1,351.11 | 1,612.21 | 2,202.08 | 2,716.60 | 2,672.46 | 2,791.70 | 3,048.56 |
Average Common Equity |
157.02 | 278.07 | 389.72 | 453.12 | 528.46 | 663.50 | 861.36 | 1,000.25 | 1,086.85 | 1,156.33 |
Columns are period end dates