Patrick Industries, Inc.
Rank #230Capital ReturnPATK · Nasdaq · Consumer Cyclical
Patrick Industries, Inc. (PATK) — Rank #230 by gross profitability (GP/assets 0.28) · ROE 11.9% · Piotroski F-Score 7 / 9.
As-of 2026-09-28 · CIK 0000076605 · all metrics point-in-time as of the filing date.
About
Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada.
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The company operates through Manufacturing and Distribution segments. Its Manufacturing segment manufactures and sells laminated for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinetry; polymer-based and other flooring products; and dash panels. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, and marine hardware and accessories; slotwall panels and components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio systems, appliances, and marine accessories; wiring, electrical, and plumbing products; fiber reinforced polyester products; and cement siding, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc.
was incorporated in 1959 and is based in Elkhart, Indiana.
- Industry
- Recreational Vehicles
- Sector
- Consumer Cyclical
- State
- IN
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- patrickind.com
Financials
Each fiscal year is read as-of that year’s own 10-K filing, so nothing restated after the fact leaks backwards. Line items this filer never tagged are omitted. Hover or tap a badge for the diagnostic behind it.
| Fiscal year end | 2025-12-31filed 2026-02-19 | 2024-12-31filed 2025-02-20 | 2023-12-31filed 2024-02-29 | 2022-12-31filed 2023-02-24 |
|---|---|---|---|---|
| Operating | ||||
| Depreciation & amortization | 170.2 | 166.5 | 144.5 | 130.8 |
| Stock-based compensation | 19.1 | 16.8 | 19.4 | 21.8 |
| Change in inventory | 25.0 | 1.9 | (162.2) | 11.9 |
| Operating cash flow | 329.4 | 326.8 | 408.7 | 411.7 |
| Investing | ||||
| Capital expenditures | 82.9 | 75.7 | 59.0 | 79.9 |
| Acquisitions, net of cash | 121.7 | 411.7 | 25.9 | 248.9 |
| Investing cash flow | (206.5) | (512.8) | (86.5) | (321.5) |
| Financing | ||||
| Debt issued | — | — | — | — |
| Debt repaid | 6.3 | 130.9 | 7.5 | 7.5 |
| Share repurchases | 32.0 | 4.7 | 18.8 | 77.1 |
| Dividends paid | 55.3 | 50.2 | 42.1 | 32.9 |
| Financing cash flow | (130.1) | 208.2 | (333.6) | (190.3) |
| Summary | ||||
| Free cash flow | 246.5 | 251.2 | 349.7 | 331.9 |
Figures are as originally filed with the SEC (point-in-time), not restated, so they can differ slightly from sites that show later-restated numbers. Why point-in-time?