Patrick Industries Inc (PATK) Financial Statements
Industry: Motor Vehicle Parts & Accessories
In fiscal 2025, Patrick Industries reported revenue of $3.95B, up 6.3% from $3.72B the year before. Net income was $135.1M (a 3.4% net margin), or $3.90 per diluted share. Gross margin was 23.1% and operating margin was 7.0%. Operating activities generated $329.4M of cash, leaving $246.5M of free cash flow. At fiscal year end, Patrick Industries held $3.08B in total assets against $1.89B in total liabilities, including $26.4M of cash and equivalents.
Open the full interactive Patrick Industries financials → Quarterly statements, key ratios, valuation history and price charts.
Patrick Industries Key Stats
| Share Price | $64.34 |
|---|---|
| Market Cap | $2.19B |
| P/E Ratio | 16.5 |
| Dividend Yield | 2.72% |
| Revenue YoY Growth | +6.3% |
| 52-Week Range | $63.46 – $143.68 |
| Shares Outstanding | 31.9 million (basic, 2026 Q2) |
Patrick Industries Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.49B | $4.08B | $4.88B | $3.47B | $3.72B | $3.95B |
| Cost of Goods Sold | $2.03B | $3.28B | $3.82B | $2.69B | $2.88B | $3.04B |
| Gross Profit | $459.0M | $801.2M | $1.06B | $782.2M | $835.9M | $912.9M |
| Operating Income | $173.4M | $351.7M | $496.2M | $260.2M | $258.0M | $276.0M |
| Pre-Tax Income | $130.4M | $293.8M | $435.4M | $191.3M | $178.6M | $177.1M |
| Income Tax | $33.3M | $68.9M | $107.2M | $48.4M | $40.2M | $42.0M |
| Net Income | $97.1M | $224.9M | $328.2M | $142.9M | $138.4M | $135.1M |
| Diluted EPS | $2.80 | $6.42 | $8.99 | $4.33 | $4.11 | $3.90 |
Patrick Industries Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $975.6M | $924.2M | $997.2M | $1.04B |
| Net Income | $35.3M | $29.1M | $39.5M | $43.4M |
| Diluted EPS | $1.01 | $0.84 | $1.10 | $1.28 |
Patrick Industries Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $44.8M | $122.8M | $22.8M | $11.4M | $33.6M | $26.4M |
| Current Assets | $528.1M | $974.1M | $909.9M | $734.6M | $822.6M | $873.1M |
| Total Assets | $1.75B | $2.65B | $2.78B | $2.56B | $3.02B | $3.08B |
| Current Liabilities | $227.4M | $432.8M | $367.2M | $308.5M | $353.6M | $348.5M |
| Total Long-Term Debt | $818.4M | $1.29B | $1.28B | $1.03B | $1.32B | $1.29B |
| Total Liabilities | $1.19B | $1.88B | $1.83B | $1.52B | $1.89B | $1.89B |
| Shareholders' Equity | $559.4M | $767.6M | $955.2M | $1.05B | $1.13B | $1.18B |
Patrick Industries Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $160.2M | $252.1M | $411.7M | $408.7M | $326.8M | $329.4M |
| Cash From Investing | -$337.9M | -$574.7M | -$321.5M | -$86.5M | -$512.8M | -$206.5M |
| Cash From Financing | $83.1M | $400.7M | -$190.3M | -$333.6M | $208.2M | -$130.1M |
| Free Cash Flow | $128.1M | $187.3M | $331.9M | $349.7M | $251.2M | $246.5M |
| Dividends Paid | $23.6M | $27.0M | $32.9M | $42.1M | $50.2M | $55.3M |
Figures from Patrick Industries' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Patrick Industries financials page for every line item.
Patrick Industries Company Profile
| Ticker | PATK |
|---|---|
| Exchange | Nasdaq |
| Industry | Motor Vehicle Parts & Accessories |
| Headquarters | Elkhart, Indiana |
| Incorporated in | Indiana |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000076605 |
Frequently Asked Questions
What was Patrick Industries' revenue in fiscal 2025?
Patrick Industries (PATK) reported revenue of $3.95B for fiscal 2025.
What is Patrick Industries' annual revenue history?
Patrick Industries' annual revenue by fiscal year: 2020: $2.49B; 2021: $4.08B; 2022: $4.88B; 2023: $3.47B; 2024: $3.72B; 2025: $3.95B.
What was Patrick Industries' net income in fiscal 2025?
Patrick Industries reported net income of $135.1M for fiscal 2025.
What was Patrick Industries' earnings per share (EPS) in fiscal 2025?
Patrick Industries' diluted EPS was $3.90 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Patrick Industries generate in fiscal 2025?
Patrick Industries generated $246.5M of free cash flow in fiscal 2025.
What was Patrick Industries' revenue last quarter?
In its most recent reported quarter (2026 Q2), Patrick Industries reported revenue of $1.04B.
How much debt does Patrick Industries have?
Patrick Industries reported $1.29B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Patrick Industries are outstanding?
Patrick Industries reported a weighted average of 31.9 million basic shares outstanding in 2026 Q2.
What is Patrick Industries' market cap?
Based on its latest closing price, Patrick Industries (PATK) has a market capitalization of about $2.19B.
When does Patrick Industries' fiscal year end?
Patrick Industries' fiscal year end, as registered with the SEC, is December 31.
Where is Patrick Industries headquartered?
Patrick Industries lists its business address in Elkhart, Indiana in its SEC filings.