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Patrick Industries, Inc.

PATKConsumer CyclicalNASDAQ

Recreational Vehicles

PriceMA150MA200
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Financials · Annual
Revenue
$3.95B
+6.3% YoY
Net Income
$135.1M
-2.4% YoY
EBITDA
$421.8M
-0.7% YoY
Free Cash Flow
$112.4M

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About Patrick Industries, Inc.

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. The company carries a $2.97B market cap, placing it firmly in the mid-cap category. The company operates through Manufacturing and Distribution segments.

Key stats
Market Cap$2.97B
P/E (TTM)23.19
Fwd P/E15.16
EPS$3.89
Beta1.11
52W Change+4.9%
Dividend Yield2.08%
ROE11.7%
Analysis

On the balance sheet, PATK has $37.5M in cash with $1.61B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $112.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 11.7% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.4% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $4.88B to $3.95B.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Patrick Industries, Inc. and its sector.

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