Patrick Industries (PATK) Financials

$86.10 -0.17 (-0.20%)

Closing price 05/23/2025 04:00 PM Eastern

Extended Trading

$86.10 +0.01 (+0.01%)

As of 05/23/2025 04:06 PM Eastern

Annual Income Statements for Patrick Industries

This table shows Patrick Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	138	143	328	225	97	90	120	86	56	42
Consolidated Net Income / (Loss)	138	143	328	225	97	90	120	86	56	42
Net Income / (Loss) Continuing Operations	138	143	328	225	97	90	120	86	56	42
Total Pre-Tax Income	179	191	435	294	130	118	152	113	84	66
Total Operating Income	258	260	496	352	173	154	178	122	91	70
Total Gross Profit	836	782	1,060	801	459	423	416	279	202	152
Total Revenue	3,716	3,468	4,882	4,078	2,487	2,337	2,263	1,636	1,222	920
Operating Revenue	3,716	3,468	4,882	4,078	2,487	2,337	2,263	1,636	1,222	920
Total Cost of Revenue	2,880	2,686	3,822	3,277	2,028	1,914	1,847	1,357	1,019	768
Operating Cost of Revenue	2,880	2,686	3,822	3,277	2,028	1,914	1,847	1,357	1,019	768
Total Operating Expenses	578	522	564	449	286	268	237	157	112	82
Selling, General & Admin Expense	326	299	328	254	146	134	128	91	62	46
Amortization Expense	96	79	73	56	41	36	34	19	13	8.80
Other Operating Expenses / (Income)	156	144	163	140	98	98	75	47	36	27
Total Other Income / (Expense), net	-79	-69	-61	-58	-43	-37	-26	-8.79	-7.19	-4.32
Interest & Investment Income	-79	-69	-61	-58	-43	-37	-26	-8.79	-7.19	-4.32
Income Tax Expense	40	48	107	69	33	28	32	27	28	23
Basic Earnings per Share	$4.25	$4.43	$9.88	$9.87	$4.27	$3.88	$4.99	$3.54	$2.47	$1.84
Weighted Average Basic Shares Outstanding	32.57M	32.28M	33.21M	22.78M	22.73M	23.06M	24.00M	24.23M	22.52M	22.98M
Diluted Earnings per Share	$4.11	$4.33	$8.99	$9.63	$4.20	$3.85	$4.93	$3.48	$2.43	$1.81
Weighted Average Diluted Shares Outstanding	33.70M	33.04M	36.71M	23.36M	23.09M	23.28M	24.32M	24.64M	22.90M	23.25M
Weighted Average Basic & Diluted Shares Outstanding	33.64M	22.38M	22.42M	23.35M	23.54M	23.88M	23.87M	24.20M	22.50M	15.30M

This table shows Patrick Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	12/31/2022	9/25/2022
Net Income / (Loss) Attributable to Common Shareholders	38	15	41	48	35	31	40	42	30	40	59
Consolidated Net Income / (Loss)	38	15	41	48	35	31	40	42	30	40	59
Net Income / (Loss) Continuing Operations	38	15	41	48	35	31	40	42	30	40	59
Total Pre-Tax Income	46	21	54	64	39	42	54	57	38	52	77
Total Operating Income	66	40	74	85	59	57	71	76	56	68	93
Total Gross Profit	229	187	213	231	205	179	199	210	194	201	236
Total Revenue	1,003	846	919	1,017	933	781	866	921	900	952	1,112
Operating Revenue	1,003	846	919	1,017	933	781	866	921	900	952	1,112
Total Cost of Revenue	775	659	707	785	729	602	667	711	706	751	876
Operating Cost of Revenue	775	659	707	785	729	602	667	711	706	751	876
Total Operating Expenses	163	148	138	147	146	122	128	134	138	133	144
Selling, General & Admin Expense	94	81	76	84	85	68	71	79	82	77	85
Amortization Expense	25	25	24	24	23	20	20	20	20	19	19
Other Operating Expenses / (Income)	45	42	38	39	37	34	38	36	36	38	40
Total Other Income / (Expense), net	-19	-19	-20	-20	-20	-15	-17	-18	-18	-16	-15
Interest & Investment Income	-19	-19	-20	-20	-20	-15	-17	-18	-18	-16	-15
Income Tax Expense	8.22	6.05	14	16	4.16	11	15	15	7.58	12	19
Basic Earnings per Share	$1.17	$0.45	$1.88	$2.20	$1.62	$0.95	$1.84	$1.97	$1.40	$1.21	$2.66
Weighted Average Basic Shares Outstanding	32.67M	32.57M	21.74M	21.72M	21.65M	32.28M	21.51M	21.52M	21.59M	33.21M	22.09M
Diluted Earnings per Share	$1.11	$0.45	$1.80	$2.16	$1.59	$0.95	$1.81	$1.94	$1.35	$1.21	$2.43
Weighted Average Diluted Shares Outstanding	34.42M	33.70M	22.64M	22.17M	22.08M	33.04M	21.88M	21.79M	22.51M	36.71M	24.41M
Weighted Average Basic & Diluted Shares Outstanding	33.43M	33.64M	22.40M	22.40M	22.40M	22.38M	22.13M	22.21M	22.32M	22.42M	22.66M

This table details how cash moves in and out of Patrick Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	22	-11	-100	78	-95	132	4.13	-3.68	6.36	-0.04
Net Cash From Operating Activities	327	409	412	252	160	192	200	100	97	67
Net Cash From Continuing Operating Activities	327	409	412	252	160	192	200	100	97	67
Net Income / (Loss) Continuing Operations	138	143	328	225	97	90	120	86	56	42
Consolidated Net Income / (Loss)	138	143	328	225	97	90	120	86	56	42
Depreciation Expense	167	145	131	105	73	63	55	34	24	17
Amortization Expense	3.27	3.24	3.89	7.99	7.19	7.02	5.89	0.00	0.00	-
Non-Cash Adjustments To Reconcile Net Income	19	20	19	28	20	14	11	11	7.74	5.80
Changes in Operating Assets and Liabilities, net	-0.84	98	-70	-114	-37	19	8.10	-30	9.47	2.06
Net Cash From Investing Activities	-513	-87	-321	-575	-338	-79	-371	-273	-154	-147
Net Cash From Continuing Investing Activities	-513	-87	-321	-575	-338	-79	-371	-273	-154	-147
Purchase of Property, Plant & Equipment	-76	-59	-80	-65	-32	-28	-34	-22	-15	-7.96
Acquisitions	-412	-26	-249	-508	-306	-56	-343	-252	-139	-140
Sale of Property, Plant & Equipment	2.41	1.36	7.62	0.20	0.21	4.40	6.46	1.21	0.28	0.10
Other Investing Activities, net	-28	-3.06	-0.31	-2.00	0.00	0.00	-	-	0.04	0.64
Net Cash From Financing Activities	208	-334	-190	401	83	19	175	170	63	80
Net Cash From Continuing Financing Activities	208	-334	-190	401	83	19	175	170	63	80
Repayment of Debt	-1,660	-749	-904	-995	-104	-924	-1,122	-594	-383	-296
Repurchase of Common Equity	-4.66	-19	-77	-49	-23	-3.82	-108	0.00	-5.21	-23
Payment of Dividends	-50	-42	-33	-27	-24	-5.80	0.00	0.00	-	-
Issuance of Debt	1,945	488	839	1,500	239	961	1,421	675	451	398
Other Financing Activities, net	-22	-12	-16	-72	-5.10	-7.80	-34	-4.82	0.23	1.78

This table details how cash moves in and out of Patrick Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	12/31/2022	9/25/2022
Net Change in Cash & Equivalents	53	-19	8.65	26	6.20	-5.04	-17	3.13	7.94	-30	-24
Net Cash From Operating Activities	40	103	52	137	35	115	115	179	-0.95	182	156
Net Cash From Continuing Operating Activities	40	103	52	137	35	115	115	179	-0.95	182	156
Net Income / (Loss) Continuing Operations	38	15	41	48	35	31	40	42	30	40	59
Consolidated Net Income / (Loss)	38	15	41	48	35	31	40	42	30	40	59
Depreciation Expense	43	43	42	41	40	37	36	36	36	35	33
Amortization Expense	0.79	-	-	-	-	-	-	-	-	2.49	0.48
Non-Cash Adjustments To Reconcile Net Income	5.69	2.76	5.54	4.85	6.31	1.99	6.78	3.63	7.30	4.00	6.04
Changes in Operating Assets and Liabilities, net	-47	40	-37	43	-47	42	33	97	-74	101	57
Net Cash From Investing Activities	-66	-27	-99	-16	-371	-11	-9.92	-42	-24	-113	-21
Net Cash From Continuing Investing Activities	-66	-27	-99	-16	-371	-11	-9.92	-42	-24	-113	-21
Purchase of Property, Plant & Equipment	-20	-25	-18	-17	-15	-12	-11	-16	-20	-16	-19
Acquisitions	-48	-0.18	-81	-1.09	-330	0.15	0.83	-26	-0.48	-96	-2.50
Sale of Property, Plant & Equipment	1.68	0.12	0.18	1.95	0.17	0.42	0.22	0.64	0.09	0.18	0.15
Other Investing Activities, net	-0.04	-1.97	-0.07	-0.04	-26	-0.09	-0.02	-0.02	-2.93	-	-
Net Cash From Financing Activities	79	-94	56	-95	342	-109	-123	-134	32	-100	-158
Net Cash From Continuing Financing Activities	79	-94	56	-95	342	-109	-123	-134	32	-100	-158
Repayment of Debt	-153	-866	-210	-268	-316	-93	-229	-127	-299	-195	-252
Repurchase of Common Equity	-8.51	-4.66	-	-	0.00	-6.58	-0.45	-8.12	-3.66	-30	-6.60
Payment of Dividends	-14	-13	-12	-12	-13	-12	-9.75	-9.75	-11	-9.86	-7.34
Issuance of Debt	263	790	280	186	689	6.25	117	10	354	136	108
Other Financing Activities, net	-8.61	-0.28	-2.27	-1.13	-18	-3.40	-0.94	0.54	-8.38	-0.99	0.01

This table presents Patrick Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	3,021	2,562	2,782	2,651	1,753	1,471	1,231	867	535	382
Total Current Assets	823	735	910	974	528	517	385	274	173	134
Cash & Equivalents	34	11	23	123	45	139	6.90	2.77	6.45	0.09
Accounts Receivable	178	164	173	172	133	88	82	78	38	38
Inventories, net	552	510	668	614	313	254	273	175	120	89
Prepaid Expenses	59	49	46	64	38	36	23	18	7.85	6.12
Plant, Property, & Equipment, net	385	354	351	319	251	181	177	118	85	68
Total Noncurrent Assets	1,813	1,474	1,522	1,357	974	773	669	474	277	180
Goodwill	797	637	629	551	396	319	282	208	110	69
Intangible Assets	803	651	720	640	456	357	383	263	165	107
Other Noncurrent Operating Assets	213	186	173	165	122	97	4.20	2.69	2.27	2.44
Total Liabilities & Shareholders' Equity	3,021	2,562	2,782	2,651	1,753	1,471	1,231	867	535	382
Total Liabilities	1,893	1,517	1,827	1,883	1,194	974	822	496	350	253
Total Current Liabilities	354	308	367	433	227	187	158	136	86	58
Short-Term Debt	6.25	7.50	7.50	7.50	7.50	5.00	8.75	16	16	11
Accounts Payable	188	141	143	204	106	96	90	84	47	29
Accrued Expenses	106	112	173	181	83	58	59	37	24	18
Other Current Liabilities	54	49	44	40	31	28	0.00	-	-	-
Total Noncurrent Liabilities	1,539	1,209	1,460	1,450	967	787	665	360	263	195
Long-Term Debt	1,312	1,018	1,276	1,279	811	670	622	338	257	193
Noncurrent Deferred & Payable Income Tax Liabilities	61	47	48	36	40	27	23	14	4.99	0.00
Other Noncurrent Operating Liabilities	166	144	136	135	116	89	20	7.78	1.61	1.92
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,128	1,045	955	768	559	497	409	371	185	129
Total Preferred & Common Equity	1,128	1,045	955	768	559	497	409	371	185	129
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,128	1,045	955	768	559	497	409	371	185	129
Common Stock	202	203	197	256	205	198	187	171	72	66
Retained Earnings	927	843	759	514	360	306	225	199	113	63
Accumulated Other Comprehensive Income / (Loss)	-0.93	-1.00	-0.70	-2.23	-6.05	-5.70	-2.68	0.07	0.03	0.03

This table presents Patrick Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/30/2025	9/29/2024	6/30/2024	3/31/2024	10/1/2023	7/2/2023	4/2/2023	9/25/2022
Total Assets	3,187	3,123	3,004	3,033	2,656	2,707	2,817	2,897
Total Current Assets	976	913	854	859	811	834	954	1,107
Cash & Equivalents	87	53	44	18	16	34	31	53
Accounts Receivable	289	255	252	278	241	207	256	286
Inventories, net	554	545	504	515	518	555	628	734
Prepaid Expenses	46	60	53	49	36	38	39	34
Plant, Property, & Equipment, net	407	369	368	371	358	363	354	343
Total Noncurrent Assets	1,804	1,841	1,782	1,802	1,486	1,510	1,509	1,446
Goodwill	802	789	758	756	637	633	627	598
Intangible Assets	791	839	825	849	671	698	707	675
Other Noncurrent Operating Assets	212	212	199	198	178	179	175	173
Total Liabilities & Shareholders' Equity	3,187	3,123	3,004	3,033	2,656	2,707	2,817	2,897
Total Liabilities	2,046	1,993	1,905	1,974	1,625	1,710	1,847	1,950
Total Current Liabilities	405	379	374	361	336	307	333	436
Short-Term Debt	6.25	11	7.50	7.50	7.50	7.50	7.50	7.50
Accounts Payable	223	189	207	197	148	130	149	189
Accrued Expenses	120	125	107	104	133	123	131	196
Other Current Liabilities	55	53	53	52	47	46	45	43
Total Noncurrent Liabilities	1,641	1,614	1,532	1,614	1,289	1,402	1,514	1,514
Long-Term Debt	1,422	1,378	1,311	1,392	1,105	1,216	1,332	1,333
Noncurrent Deferred & Payable Income Tax Liabilities	56	68	68	68	47	49	49	43
Other Noncurrent Operating Liabilities	163	169	153	154	11	10	9.02	138
Total Equity & Noncontrolling Interests	1,141	1,129	1,099	1,059	1,031	997	970	947
Total Preferred & Common Equity	1,141	1,129	1,099	1,059	1,031	997	970	947
Preferred Stock	0.00	0.00	-	-	-	-	-	-
Total Common Equity	1,141	1,129	1,099	1,059	1,031	997	970	947
Common Stock	198	201	198	194	202	197	195	195
Retained Earnings	944	930	901	866	830	801	776	753
Accumulated Other Comprehensive Income / (Loss)	-0.92	-0.99	-1.03	-1.03	-0.80	-0.79	-0.70	-1.64

This table displays calculated financial ratios and metrics derived from Patrick Industries' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.14%	-28.96%	19.71%	64.00%	6.40%	3.27%	38.36%	33.86%	32.77%	25.09%
EBITDA Growth	4.87%	-35.33%	35.80%	83.00%	13.19%	-6.31%	53.98%	34.93%	32.88%	40.04%
EBIT Growth	-0.83%	-47.56%	41.07%	102.86%	12.26%	-13.44%	46.36%	34.20%	29.92%	35.84%
NOPAT Growth	2.87%	-48.02%	38.91%	108.58%	9.94%	-16.55%	52.28%	53.07%	34.12%	39.88%
Net Income Growth	-3.15%	-56.46%	45.92%	131.73%	8.37%	-25.26%	39.80%	54.23%	31.64%	37.64%
EPS Growth	-5.08%	-56.46%	45.92%	129.29%	9.09%	-21.91%	41.67%	43.21%	31.64%	37.64%
Operating Cash Flow Growth	-20.02%	-0.74%	63.30%	57.43%	-16.76%	-3.80%	100.21%	2.83%	45.31%	44.34%
Free Cash Flow Firm Growth	-143.63%	292.95%	127.13%	-92.83%	-246.64%	168.47%	4.47%	-202.14%	30.50%	-145.40%
Invested Capital Growth	17.14%	-7.05%	14.75%	44.87%	28.99%	0.11%	43.03%	59.84%	35.87%	63.99%
Revenue Q/Q Growth	1.78%	-4.69%	-3.85%	10.12%	9.86%	0.79%	2.52%	10.22%	6.57%	6.86%
EBITDA Q/Q Growth	-1.94%	-1.21%	-3.23%	9.76%	13.47%	-0.54%	5.42%	10.16%	-0.84%	15.92%
EBIT Q/Q Growth	-6.43%	-3.81%	-5.17%	10.19%	17.79%	-1.85%	2.76%	10.92%	3.79%	11.27%
NOPAT Q/Q Growth	-6.23%	-5.07%	-5.48%	11.57%	16.20%	-5.20%	1.70%	21.78%	3.15%	13.39%
Net Income Q/Q Growth	-10.51%	-6.15%	-5.97%	11.50%	22.52%	-7.24%	-1.70%	22.05%	2.82%	12.66%
EPS Q/Q Growth	-40.86%	-6.15%	-5.97%	11.33%	20.34%	-7.89%	-3.33%	22.11%	2.82%	12.66%
Operating Cash Flow Q/Q Growth	-3.60%	-14.10%	23.08%	29.42%	-12.55%	-1.14%	2.86%	27.31%	4.39%	37.97%
Free Cash Flow Firm Q/Q Growth	-24,044.02%	88.54%	183.89%	5.68%	83.46%	-89.79%	40.01%	-158.42%	-54.97%	21.79%
Invested Capital Q/Q Growth	-2.15%	-8.58%	-0.82%	11.48%	16.70%	0.00%	1.64%	21.46%	0.45%	-5.87%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.50%	22.56%	21.71%	19.65%	18.46%	18.09%	18.38%	17.05%	16.57%	16.55%
EBITDA Margin	11.51%	11.76%	12.92%	11.39%	10.21%	9.60%	10.58%	9.50%	9.43%	9.42%
Operating Margin	6.94%	7.50%	10.16%	8.62%	6.97%	6.61%	7.88%	7.45%	7.43%	7.60%
EBIT Margin	6.94%	7.50%	10.16%	8.62%	6.97%	6.61%	7.88%	7.45%	7.43%	7.60%
Profit (Net Income) Margin	3.72%	4.12%	6.72%	5.52%	3.90%	3.83%	5.30%	5.24%	4.55%	4.59%
Tax Burden Percent	77.51%	74.71%	75.38%	76.55%	74.45%	76.02%	78.85%	75.78%	66.44%	64.36%
Interest Burden Percent	69.20%	73.50%	87.75%	83.54%	75.20%	76.29%	85.18%	92.79%	92.09%	93.82%
Effective Tax Rate	22.49%	25.29%	24.62%	23.45%	25.55%	23.98%	21.15%	24.22%	33.56%	35.64%
Return on Invested Capital (ROIC)	8.94%	9.09%	18.04%	16.50%	10.91%	11.37%	16.04%	15.75%	15.40%	16.82%
ROIC Less NNEP Spread (ROIC-NNEP)	3.58%	4.57%	14.26%	11.92%	6.02%	6.57%	11.76%	13.59%	13.36%	14.99%
Return on Net Nonoperating Assets (RNNOA)	3.79%	5.19%	20.07%	17.40%	7.46%	8.40%	14.71%	15.08%	20.00%	19.67%
Return on Equity (ROE)	12.73%	14.29%	38.10%	33.90%	18.37%	19.77%	30.75%	30.83%	35.39%	36.50%
Cash Return on Invested Capital (CROIC)	-6.84%	16.40%	4.30%	-20.15%	-14.41%	11.26%	-19.37%	-30.31%	-15.02%	-31.66%
Operating Return on Assets (OROA)	9.24%	9.74%	18.26%	15.97%	10.75%	11.43%	17.01%	17.39%	19.82%	21.95%
Return on Assets (ROA)	4.96%	5.35%	12.08%	10.21%	6.02%	6.63%	11.42%	12.23%	12.13%	13.25%
Return on Common Equity (ROCE)	12.73%	14.29%	38.10%	33.90%	18.37%	19.77%	30.75%	30.83%	35.39%	36.50%
Return on Equity Simple (ROE_SIMPLE)	12.27%	13.67%	34.36%	29.30%	17.35%	18.00%	29.32%	23.12%	29.97%	32.83%
Net Operating Profit after Tax (NOPAT)	200	194	374	269	129	117	141	92	60	45
NOPAT Margin	5.38%	5.61%	7.66%	6.60%	5.19%	5.02%	6.22%	5.65%	4.94%	4.89%
Net Nonoperating Expense Percent (NNEP)	5.36%	4.53%	3.78%	4.57%	4.89%	4.80%	4.28%	2.16%	2.03%	1.83%
Return On Investment Capital (ROIC_SIMPLE)	8.18%	9.39%	16.71%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	77.50%	77.44%	78.29%	80.35%	81.54%	81.91%	81.62%	82.95%	83.43%	83.45%
SG&A Expenses to Revenue	8.77%	8.63%	6.71%	6.22%	5.89%	5.75%	5.67%	5.55%	5.09%	5.05%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.55%	15.05%	11.55%	11.02%	11.49%	11.49%	10.49%	9.60%	9.14%	8.95%
Earnings before Interest and Taxes (EBIT)	258	260	496	352	173	154	178	122	91	70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	428	408	631	465	254	224	239	155	115	87
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.46	2.08	1.37	2.35	2.66	2.29	1.58	4.30	5.74	4.79
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.75	0.63	0.27	0.44	0.60	0.49	0.29	0.97	0.87	0.67
Price to Earnings (P/E)	20.09	15.20	3.99	8.01	15.31	12.71	5.40	18.59	19.15	14.58
Dividend Yield	0.00%	1.94%	2.49%	1.54%	2.01%	0.52%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.98%	6.58%	25.04%	12.48%	6.53%	7.87%	18.53%	5.38%	5.22%	6.86%
Enterprise Value to Invested Capital (EV/IC)	1.68	1.55	1.16	1.54	1.70	1.62	1.23	2.69	2.95	2.46
Enterprise Value to Revenue (EV/Rev)	1.09	0.92	0.53	0.73	0.91	0.72	0.56	1.19	1.09	0.89
Enterprise Value to EBITDA (EV/EBITDA)	9.50	7.81	4.08	6.38	8.90	7.47	5.31	12.51	11.55	9.45
Enterprise Value to EBIT (EV/EBIT)	15.75	12.24	5.18	8.43	13.03	10.84	7.12	15.96	14.64	11.72
Enterprise Value to NOPAT (EV/NOPAT)	20.32	16.39	6.88	11.01	17.51	14.26	9.03	21.05	22.04	18.20
Enterprise Value to Operating Cash Flow (EV/OCF)	12.43	7.80	6.25	11.76	14.11	8.70	6.35	19.47	13.69	12.25
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	9.09	28.82	0.00	0.00	14.40	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.17	0.98	1.34	1.68	1.46	1.36	1.54	0.95	1.47	1.59
Long-Term Debt to Equity	1.16	0.97	1.34	1.67	1.45	1.35	1.52	0.91	1.38	1.50
Financial Leverage	1.06	1.14	1.41	1.46	1.24	1.28	1.25	1.11	1.50	1.31
Leverage Ratio	2.57	2.67	3.15	3.32	3.05	2.98	2.69	2.52	2.92	2.75
Compound Leverage Factor	1.78	1.96	2.77	2.77	2.29	2.27	2.29	2.34	2.69	2.58
Debt to Total Capital	53.87%	49.53%	57.34%	62.63%	59.40%	57.58%	60.67%	48.84%	59.51%	61.32%
Short-Term Debt to Total Capital	0.26%	0.36%	0.34%	0.37%	0.54%	0.43%	0.84%	2.18%	3.44%	3.22%
Long-Term Debt to Total Capital	53.62%	49.17%	57.00%	62.27%	58.85%	57.16%	59.83%	46.66%	56.07%	58.10%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	46.13%	50.47%	42.66%	37.37%	40.60%	42.42%	39.33%	51.16%	40.49%	38.68%
Debt to EBITDA	3.08	2.51	2.03	2.77	3.22	3.01	2.63	2.28	2.37	2.35
Net Debt to EBITDA	3.00	2.49	2.00	2.51	3.05	2.39	2.61	2.26	2.31	2.35
Long-Term Debt to EBITDA	3.07	2.50	2.02	2.75	3.19	2.99	2.60	2.18	2.23	2.23
Debt to NOPAT	6.59	5.28	3.43	4.78	6.34	5.75	4.48	3.83	4.52	4.53
Net Debt to NOPAT	6.42	5.22	3.37	4.32	5.99	4.57	4.43	3.80	4.41	4.53
Long-Term Debt to NOPAT	6.56	5.24	3.41	4.75	6.28	5.71	4.42	3.66	4.26	4.29
Altman Z-Score	3.01	3.21	3.39	3.07	2.98	3.20	3.27	4.79	5.16	4.94
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.33	2.38	2.48	2.25	2.32	2.76	2.44	2.01	2.01	2.31
Quick Ratio	0.60	0.57	0.53	0.68	0.78	1.21	0.57	0.59	0.52	0.66
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-153	351	89	-329	-171	116	-170	-178	-59	-85
Operating Cash Flow to CapEx	446.07%	709.19%	569.78%	390.25%	502.22%	827.25%	713.75%	469.33%	642.21%	851.13%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.33	1.30	1.80	1.85	1.54	1.73	2.16	2.33	2.67	2.89
Accounts Receivable Turnover	21.73	20.60	28.28	26.75	22.60	27.49	28.24	28.14	31.87	25.98
Inventory Turnover	5.42	4.56	5.96	7.07	7.16	7.27	8.24	9.19	9.73	9.57
Fixed Asset Turnover	10.06	9.85	14.57	14.28	11.50	13.06	15.31	16.04	15.93	14.70
Accounts Payable Turnover	17.54	18.95	22.06	21.19	20.08	20.58	21.24	20.74	27.01	26.26
Days Sales Outstanding (DSO)	16.80	17.72	12.91	13.64	16.15	13.28	12.93	12.97	11.45	14.05
Days Inventory Outstanding (DIO)	67.29	80.04	61.23	51.64	51.01	50.22	44.28	39.72	37.50	38.14
Days Payable Outstanding (DPO)	20.81	19.26	16.54	17.23	18.18	17.73	17.18	17.60	13.52	13.90
Cash Conversion Cycle (CCC)	63.27	78.50	57.59	48.05	48.97	45.77	40.02	35.09	35.44	38.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,413	2,060	2,216	1,931	1,333	1,033	1,032	722	452	332
Invested Capital Turnover	1.66	1.62	2.35	2.50	2.10	2.26	2.58	2.79	3.12	3.44
Increase / (Decrease) in Invested Capital	353	-156	285	598	300	1.09	311	270	119	130
Enterprise Value (EV)	4,064	3,186	2,572	2,965	2,260	1,675	1,270	1,945	1,330	819
Market Capitalization	2,780	2,172	1,311	1,802	1,486	1,139	647	1,594	1,064	615
Book Value per Share	$50.37	$47.23	$42.15	$32.45	$23.95	$20.93	$17.03	$22.04	$12.09	$8.27
Tangible Book Value per Share	($21.06)	($10.99)	($17.40)	($17.94)	($12.53)	($7.53)	($10.66)	($5.99)	($5.80)	($3.01)
Total Capital	2,446	2,071	2,239	2,054	1,378	1,173	1,039	725	458	332
Total Debt	1,318	1,026	1,284	1,286	818	675	631	354	273	204
Total Long-Term Debt	1,312	1,018	1,276	1,279	811	670	622	338	257	193
Net Debt	1,284	1,014	1,261	1,164	774	536	624	351	266	204
Capital Expenditures (CapEx)	73	58	72	65	32	23	28	21	15	7.86
Debt-free, Cash-free Net Working Capital (DFCFNWC)	442	422	527	426	263	196	229	151	96	87
Debt-free Net Working Capital (DFNWC)	475	434	550	549	308	335	236	153	102	87
Net Working Capital (NWC)	469	426	543	541	301	330	227	138	87	76
Net Nonoperating Expense (NNE)	62	52	46	44	32	28	21	6.66	4.77	2.78
Net Nonoperating Obligations (NNO)	1,284	1,014	1,261	1,164	774	536	624	351	266	204
Total Depreciation and Amortization (D&A)	170	148	135	113	80	70	61	34	24	17
Debt-free, Cash-free Net Working Capital to Revenue	11.89%	12.17%	10.80%	10.44%	10.59%	8.37%	10.13%	9.20%	7.86%	9.41%
Debt-free Net Working Capital to Revenue	12.79%	12.50%	11.27%	13.46%	12.39%	14.33%	10.44%	9.37%	8.38%	9.42%
Net Working Capital to Revenue	12.62%	12.29%	11.12%	13.27%	12.09%	14.12%	10.05%	8.41%	7.09%	8.25%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.25	$4.43	$9.88	$9.87	$4.27	$3.88	$4.99	$3.54	$2.47	$1.84
Adjusted Weighted Average Basic Shares Outstanding	32.57M	32.28M	33.21M	22.78M	22.73M	23.06M	24.00M	24.23M	22.52M	22.98M
Adjusted Diluted Earnings per Share	$4.11	$4.33	$8.99	$9.63	$4.20	$3.85	$4.93	$3.48	$2.43	$1.81
Adjusted Weighted Average Diluted Shares Outstanding	33.70M	33.04M	36.71M	23.36M	23.09M	23.28M	24.32M	24.64M	22.90M	23.25M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.64M	33.57M	33.63M	23.35M	23.54M	23.88M	23.87M	25.47M	23.07M	22.83M
Normalized Net Operating Profit after Tax (NOPAT)	200	194	374	269	129	117	141	92	60	45
Normalized NOPAT Margin	5.38%	5.61%	7.66%	6.60%	5.19%	5.02%	6.22%	5.65%	4.94%	4.89%
Pre Tax Income Margin	4.81%	5.51%	8.92%	7.20%	5.24%	5.04%	6.72%	6.92%	6.85%	7.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.26%	29.49%	10.02%	12.02%	24.35%	6.47%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	39.63%	42.65%	33.51%	33.77%	48.15%	10.73%	89.76%	0.00%	9.38%	53.62%

This table displays calculated financial ratios and metrics derived from Patrick Industries' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/30/2025	12/31/2024	9/29/2024	6/30/2024	3/31/2024	12/31/2023	10/1/2023	7/2/2023	4/2/2023	12/31/2022	9/25/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	7.49%	8.31%	6.16%	10.42%	3.71%	-17.94%	-22.12%	-37.61%	-32.94%	-17.04%	4.90%
EBITDA Growth	8.49%	-12.51%	8.41%	13.10%	8.65%	-10.26%	-14.98%	-46.18%	-52.32%	-16.74%	3.08%
EBIT Growth	10.49%	-30.92%	4.70%	12.06%	5.53%	-15.25%	-23.38%	-56.57%	-65.24%	-28.58%	-0.55%
NOPAT Growth	1.72%	-33.49%	7.85%	12.84%	18.04%	-19.74%	-26.36%	-56.15%	-63.78%	-29.27%	2.41%
Net Income Growth	8.96%	-52.76%	3.33%	13.05%	16.31%	-23.30%	-32.76%	-63.65%	-73.22%	-34.15%	2.48%
EPS Growth	4.72%	-52.63%	-0.55%	11.34%	17.78%	-23.30%	-25.51%	-59.50%	-70.26%	-34.15%	-0.82%
Operating Cash Flow Growth	13.93%	-10.62%	-55.38%	-23.32%	3,802.74%	-36.88%	-25.74%	84.21%	95.88%	73.74%	126.46%
Free Cash Flow Firm Growth	-27.79%	-263.93%	-574.49%	-89.49%	112.51%	185.31%	107.65%	108.72%	82.85%	55.66%	17.20%
Invested Capital Growth	1.75%	17.14%	9.44%	2.52%	1.56%	-7.05%	0.84%	0.51%	7.60%	14.75%	28.98%
Revenue Q/Q Growth	18.59%	-7.97%	-9.56%	8.91%	19.50%	-9.80%	-5.93%	2.29%	-5.44%	-14.40%	-24.64%
EBITDA Q/Q Growth	32.72%	-29.56%	-7.58%	26.58%	5.89%	-12.71%	-3.58%	21.60%	-10.56%	-17.31%	-38.96%
EBIT Q/Q Growth	65.61%	-46.80%	-12.13%	42.71%	3.53%	-19.36%	-5.95%	34.39%	-16.85%	-27.10%	-46.70%
NOPAT Q/Q Growth	92.93%	-49.99%	-11.24%	18.79%	26.15%	-18.91%	-7.13%	24.26%	-14.22%	-25.61%	-44.69%
Net Income Q/Q Growth	162.66%	-64.38%	-14.66%	36.45%	13.88%	-22.08%	-6.63%	40.38%	-24.91%	-31.69%	-49.52%
EPS Q/Q Growth	146.67%	-75.00%	-16.67%	35.85%	13.57%	-22.08%	-6.70%	43.70%	-21.97%	-31.69%	-49.27%
Operating Cash Flow Q/Q Growth	-60.96%	99.20%	-62.52%	290.84%	-69.37%	-0.55%	-35.59%	18,973.79%	-100.52%	16.99%	59.77%
Free Cash Flow Firm Q/Q Growth	103.47%	-107.37%	-3,478.50%	-70.26%	-92.13%	500.24%	-25.19%	135.41%	46.34%	46.16%	14.73%
Invested Capital Q/Q Growth	2.92%	-2.15%	3.92%	-2.77%	18.48%	-8.58%	-2.65%	-3.69%	8.44%	-0.82%	-2.97%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.78%	22.13%	23.11%	22.75%	21.95%	22.90%	22.99%	22.81%	21.58%	21.12%	21.26%
EBITDA Margin	10.86%	9.71%	12.68%	12.41%	10.68%	12.02%	12.42%	12.12%	10.19%	10.99%	11.38%
Operating Margin	6.53%	4.68%	8.09%	8.33%	6.36%	7.34%	8.21%	8.21%	6.25%	7.10%	8.34%
EBIT Margin	6.53%	4.68%	8.09%	8.33%	6.36%	7.34%	8.21%	8.21%	6.25%	7.10%	8.34%
Profit (Net Income) Margin	3.81%	1.72%	4.44%	4.71%	3.76%	3.94%	4.57%	4.60%	3.35%	4.22%	5.29%
Tax Burden Percent	82.31%	70.65%	75.17%	74.42%	89.40%	73.38%	72.98%	73.90%	79.93%	77.48%	75.94%
Interest Burden Percent	70.85%	52.04%	73.06%	75.98%	66.15%	73.27%	76.25%	75.84%	67.13%	76.68%	83.50%
Effective Tax Rate	17.69%	29.35%	24.83%	25.58%	10.60%	26.62%	27.02%	26.10%	20.07%	22.52%	24.06%
Return on Invested Capital (ROIC)	8.27%	5.49%	9.41%	9.52%	8.22%	8.73%	9.71%	10.21%	9.56%	12.96%	16.22%
ROIC Less NNEP Spread (ROIC-NNEP)	7.12%	4.33%	8.23%	8.35%	6.94%	7.75%	8.73%	9.22%	8.53%	11.95%	15.22%
Return on Net Nonoperating Assets (RNNOA)	8.81%	4.58%	9.75%	10.32%	9.63%	8.81%	11.08%	13.24%	13.82%	16.82%	21.62%
Return on Equity (ROE)	17.08%	10.07%	19.16%	19.84%	17.85%	17.54%	20.79%	23.45%	23.38%	29.78%	37.83%
Cash Return on Invested Capital (CROIC)	6.44%	-6.84%	0.03%	6.43%	6.79%	16.40%	8.29%	9.17%	5.37%	4.30%	-5.36%
Operating Return on Assets (OROA)	7.95%	6.23%	10.23%	10.49%	7.61%	9.52%	10.76%	11.13%	9.58%	12.77%	16.12%
Return on Assets (ROA)	4.64%	2.29%	5.62%	5.93%	4.50%	5.12%	5.99%	6.24%	5.14%	7.59%	10.22%
Return on Common Equity (ROCE)	17.08%	10.07%	19.16%	19.84%	17.85%	17.54%	20.79%	23.45%	23.38%	29.78%	37.83%
Return on Equity Simple (ROE_SIMPLE)	12.40%	0.00%	13.69%	13.96%	13.96%	0.00%	14.76%	17.20%	25.33%	0.00%	36.87%
Net Operating Profit after Tax (NOPAT)	54	28	56	63	53	42	52	56	45	52	70
NOPAT Margin	5.38%	3.31%	6.08%	6.20%	5.68%	5.38%	5.99%	6.07%	4.99%	5.50%	6.33%
Net Nonoperating Expense Percent (NNEP)	1.16%	1.17%	1.18%	1.17%	1.28%	0.99%	0.98%	0.99%	1.03%	1.01%	1.00%
Return On Investment Capital (ROIC_SIMPLE)	2.10%	1.14%	-	-	-	2.03%	-	-	-	2.34%	-
Cost of Revenue to Revenue	77.22%	77.87%	76.89%	77.25%	78.06%	77.10%	77.01%	77.19%	78.42%	78.88%	78.74%
SG&A Expenses to Revenue	9.36%	9.59%	8.24%	8.22%	9.13%	8.65%	8.18%	8.53%	9.15%	8.04%	7.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.25%	17.45%	15.02%	14.42%	15.59%	15.56%	14.78%	14.60%	15.33%	14.02%	12.92%
Earnings before Interest and Taxes (EBIT)	66	40	74	85	59	57	71	76	56	68	93
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	109	82	117	126	100	94	108	112	92	105	127
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.47	2.46	2.82	2.21	2.51	2.08	1.58	1.75	1.55	1.37	1.01
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.75	0.75	0.87	0.68	0.76	0.63	0.45	0.45	0.34	0.27	0.19
Price to Earnings (P/E)	19.94	20.09	20.58	15.86	18.00	15.20	10.73	10.18	6.11	3.99	2.74
Dividend Yield	1.83%	0.00%	1.55%	1.93%	1.68%	1.94%	2.45%	2.15%	2.82%	2.49%	3.16%
Earnings Yield	5.01%	4.98%	4.86%	6.31%	5.55%	6.58%	9.32%	9.82%	16.38%	25.04%	36.51%
Enterprise Value to Invested Capital (EV/IC)	1.68	1.68	1.83	1.56	1.66	1.55	1.27	1.32	1.22	1.16	1.00
Enterprise Value to Revenue (EV/Rev)	1.10	1.09	1.24	1.03	1.15	0.92	0.78	0.79	0.66	0.53	0.44
Enterprise Value to EBITDA (EV/EBITDA)	9.54	9.50	10.36	8.67	9.80	7.81	6.91	7.10	5.57	4.08	3.44
Enterprise Value to EBIT (EV/EBIT)	15.76	15.75	16.39	13.60	15.36	12.24	10.56	10.49	7.51	5.18	4.29
Enterprise Value to NOPAT (EV/NOPAT)	20.68	20.32	21.19	17.72	20.02	16.39	13.94	13.72	9.97	6.88	5.67
Enterprise Value to Operating Cash Flow (EV/OCF)	12.55	12.43	13.33	9.20	9.09	7.80	6.00	5.94	6.76	6.25	6.71
Enterprise Value to Free Cash Flow (EV/FCFF)	26.25	0.00	7,074.20	24.59	24.58	9.09	15.35	14.48	23.56	28.82	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.25	1.17	1.23	1.20	1.32	0.98	1.20	1.35	1.51	1.34	1.42
Long-Term Debt to Equity	1.25	1.16	1.22	1.19	1.32	0.97	1.19	1.35	1.50	1.34	1.41
Financial Leverage	1.24	1.06	1.18	1.24	1.39	1.14	1.27	1.44	1.62	1.41	1.42
Leverage Ratio	2.83	2.57	2.67	2.72	2.88	2.67	2.81	3.02	3.27	3.15	3.21
Compound Leverage Factor	2.00	1.34	1.95	2.07	1.91	1.96	2.14	2.29	2.20	2.42	2.68
Debt to Total Capital	55.59%	53.87%	55.15%	54.55%	56.94%	49.53%	54.56%	57.53%	60.15%	57.34%	58.62%
Short-Term Debt to Total Capital	0.24%	0.26%	0.45%	0.31%	0.31%	0.36%	0.33%	0.32%	0.31%	0.34%	0.33%
Long-Term Debt to Total Capital	55.35%	53.62%	54.71%	54.24%	56.63%	49.17%	54.23%	57.21%	59.84%	57.00%	58.29%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	44.41%	46.13%	44.85%	45.45%	43.06%	50.47%	45.44%	42.47%	39.85%	42.66%	41.38%
Debt to EBITDA	3.27	3.08	3.18	3.09	3.39	2.51	3.00	3.13	2.78	2.03	2.06
Net Debt to EBITDA	3.08	3.00	3.06	2.98	3.35	2.49	2.96	3.05	2.72	2.00	1.98
Long-Term Debt to EBITDA	3.26	3.07	3.16	3.07	3.37	2.50	2.98	3.11	2.77	2.02	2.05
Debt to NOPAT	7.09	6.59	6.51	6.31	6.93	5.28	6.05	6.05	4.98	3.43	3.39
Net Debt to NOPAT	6.66	6.42	6.27	6.09	6.84	5.22	5.97	5.90	4.87	3.37	3.25
Long-Term Debt to NOPAT	7.06	6.56	6.46	6.27	6.89	5.24	6.01	6.01	4.95	3.41	3.37
Altman Z-Score	2.71	2.77	2.83	2.67	2.62	2.95	2.71	2.79	2.78	2.88	2.79
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.41	2.33	2.41	2.29	2.38	2.38	2.42	2.72	2.87	2.48	2.54
Quick Ratio	0.93	0.60	0.81	0.79	0.82	0.57	0.77	0.78	0.86	0.53	0.78
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	11	-325	-157	4.64	16	198	33	44	-125	-232	-432
Operating Cash Flow to CapEx	216.78%	405.75%	291.55%	918.44%	229.49%	1,030.81%	1,077.13%	1,150.18%	-4.71%	1,118.40%	826.09%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.22	1.33	1.26	1.26	1.20	1.30	1.31	1.36	1.53	1.80	1.93
Accounts Receivable Turnover	13.34	21.73	14.71	15.68	13.09	20.60	13.82	13.82	14.53	28.28	17.55
Inventory Turnover	5.48	5.42	5.31	5.25	4.74	4.56	4.53	4.70	5.25	5.96	6.54
Fixed Asset Turnover	9.73	10.06	10.03	9.84	9.66	9.85	10.37	11.05	13.03	14.57	15.56
Accounts Payable Turnover	13.93	17.54	16.73	16.52	15.66	18.95	16.82	17.40	17.85	22.06	19.57
Days Sales Outstanding (DSO)	27.35	16.80	24.81	23.28	27.87	17.72	26.41	26.41	25.11	12.91	20.80
Days Inventory Outstanding (DIO)	66.64	67.29	68.72	69.46	77.01	80.04	80.59	77.59	69.58	61.23	55.77
Days Payable Outstanding (DPO)	26.19	20.81	21.82	22.10	23.31	19.26	21.69	20.97	20.44	16.54	18.65
Cash Conversion Cycle (CCC)	67.80	63.27	71.71	70.64	81.57	78.50	85.31	83.02	74.25	57.59	57.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,483	2,413	2,466	2,373	2,441	2,060	2,253	2,315	2,403	2,216	2,234
Invested Capital Turnover	1.54	1.66	1.55	1.53	1.45	1.62	1.62	1.68	1.92	2.35	2.56
Increase / (Decrease) in Invested Capital	43	353	213	58	37	-156	19	12	170	285	502
Enterprise Value (EV)	4,165	4,064	4,519	3,706	4,043	3,186	2,855	3,064	2,934	2,572	2,244
Market Capitalization	2,823	2,780	3,183	2,432	2,661	2,172	1,633	1,747	1,500	1,311	956
Book Value per Share	$33.92	$50.37	$50.42	$49.04	$47.29	$47.23	$46.43	$44.68	$43.26	$42.15	$41.40
Tangible Book Value per Share	($13.42)	($21.06)	($22.27)	($21.66)	($24.39)	($10.99)	($12.46)	($14.95)	($16.24)	($17.40)	($14.28)
Total Capital	2,570	2,446	2,518	2,417	2,458	2,071	2,270	2,348	2,434	2,239	2,288
Total Debt	1,429	1,318	1,389	1,318	1,400	1,026	1,238	1,351	1,464	1,284	1,341
Total Long-Term Debt	1,422	1,312	1,378	1,311	1,392	1,018	1,231	1,343	1,457	1,276	1,333
Net Debt	1,342	1,284	1,336	1,274	1,382	1,014	1,222	1,317	1,433	1,261	1,288
Capital Expenditures (CapEx)	18	25	18	15	15	11	11	16	20	16	19
Debt-free, Cash-free Net Working Capital (DFCFNWC)	491	442	492	444	489	422	466	500	599	527	626
Debt-free Net Working Capital (DFNWC)	577	475	545	488	506	434	483	534	629	550	679
Net Working Capital (NWC)	571	469	534	480	499	426	475	527	622	543	672
Net Nonoperating Expense (NNE)	16	13	15	15	18	11	12	13	15	12	12
Net Nonoperating Obligations (NNO)	1,342	1,284	1,336	1,274	1,382	1,014	1,222	1,317	1,433	1,261	1,288
Total Depreciation and Amortization (D&A)	43	43	42	41	40	37	36	36	36	37	34
Debt-free, Cash-free Net Working Capital to Revenue	12.96%	11.89%	13.49%	12.34%	13.96%	12.17%	12.82%	12.88%	13.48%	10.80%	12.32%
Debt-free Net Working Capital to Revenue	15.24%	12.79%	14.93%	13.56%	14.46%	12.50%	13.27%	13.75%	14.17%	11.27%	13.37%
Net Working Capital to Revenue	15.08%	12.62%	14.62%	13.35%	14.25%	12.29%	13.07%	13.56%	14.01%	11.12%	13.23%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.17	$0.45	$1.88	$2.20	$1.62	$0.63	$1.84	$1.97	$1.40	$0.81	$2.66
Adjusted Weighted Average Basic Shares Outstanding	32.67M	32.57M	21.74M	21.72M	21.65M	48.42M	21.51M	21.52M	21.59M	49.82M	22.09M
Adjusted Diluted Earnings per Share	$1.11	$0.45	$1.80	$2.16	$1.59	$0.63	$1.81	$1.94	$1.35	$0.81	$2.43
Adjusted Weighted Average Diluted Shares Outstanding	34.42M	33.70M	22.64M	22.17M	22.08M	49.56M	21.88M	21.79M	22.51M	55.06M	24.41M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.45	$0.00	$0.00	$0.00	$0.63	$0.00	$0.00	$0.00	$0.81	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.43M	33.64M	22.40M	22.40M	22.40M	33.57M	22.13M	22.21M	22.32M	33.63M	22.66M
Normalized Net Operating Profit after Tax (NOPAT)	54	28	56	63	53	42	52	56	45	52	70
Normalized NOPAT Margin	5.38%	3.31%	6.08%	6.20%	5.68%	5.38%	5.99%	6.07%	4.99%	5.50%	6.33%
Pre Tax Income Margin	4.63%	2.44%	5.91%	6.33%	4.20%	5.38%	6.26%	6.23%	4.19%	5.45%	6.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.06%	36.26%	31.65%	30.44%	30.03%	29.49%	26.35%	21.98%	14.38%	10.02%	8.75%
Augmented Payout Ratio	45.36%	39.63%	35.90%	35.03%	40.28%	42.65%	54.17%	50.26%	37.18%	33.51%	27.08%

Frequently Asked Questions About Patrick Industries' Financials

When does Patrick Industries's financial year end?

According to the most recent income statement we have on file, Patrick Industries' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Patrick Industries' net income changed over the last 9 years?

Patrick Industries' net income appears to be on an upward trend, with a most recent value of $138.40 million in 2024, rising from $42.22 million in 2015. The previous period was $142.90 million in 2023. Check out Patrick Industries' forecast to explore projected trends and price targets.

What is Patrick Industries's operating income?

Patrick Industries's total operating income in 2024 was $258.04 million, based on the following breakdown:

Total Gross Profit: $835.89 million
Total Operating Expenses: $577.85 million

How has Patrick Industries revenue changed over the last 9 years?

Over the last 9 years, Patrick Industries' total revenue changed from $920.33 million in 2015 to $3.72 billion in 2024, a change of 303.7%.

How much debt does Patrick Industries have?

Patrick Industries' total liabilities were at $1.89 billion at the end of 2024, a 24.7% increase from 2023, and a 648.1% increase since 2015.

How much cash does Patrick Industries have?

In the past 9 years, Patrick Industries' cash and equivalents has ranged from $87 thousand in 2015 to $139.39 million in 2019, and is currently $33.56 million as of their latest financial filing in 2024.

How has Patrick Industries' book value per share changed over the last 9 years?

Over the last 9 years, Patrick Industries' book value per share changed from 8.27 in 2015 to 50.37 in 2024, a change of 509.3%.

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This page (NASDAQ:PATK) was last updated on 5/25/2025 by MarketBeat.com Staff

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Patrick Industries (PATK) Financials

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Patrick Industries (PATK) Financials

Annual Income Statements for Patrick Industries

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