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Nasdaq · Consumer Discretionary

Patrick Industries Inc. (PATK)

As-reported financials and SEC filings for Patrick Industries Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Patrick Industries Inc.

Patrick Industries Inc provides component solutions primarily for the recreational vehicle, marine, powersports, manufactured housing, and various industrial markets. The company manufactures and distributes a wide range of products including laminated panels, countertops, lighting, cabinetry, electrical components, and marine hardware through a network of manufacturing plants and distribution centers across the United States. Its customers include original equipment manufacturers in the RV and marine industries as well as other commercial and institutional markets.

Snapshot

Revenue
$3.95B
Revenue growth (YoY)
6.3%
Net income
$135.1M
Diluted EPS
$3.90
Gross margin
23.1%
Operating margin
7.0%
Net margin
3.4%
FCF margin
6.2%
ROE
11.4%
net income / fiscal-year-end equity
P/E
15.3×
trailing when available, otherwise FY EPS
Market cap
$2.19B
Long-term debt / equity
1.08×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Patrick Industries

  • Revenue grew 6.3% to $4.0B in FY2025, in line with the 7.1% the year before.
  • Operating margin is 7.0% in FY2025, -1.6 pp against 8.6% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $1.0B, down 0.6% from Q2 FY2025.
  • Free cash flow was $246M in FY2025, 6.2% of revenue.
  • Net income fell 2.4% to $135M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Patrick Industries’s fundamentals sit among the 410 Consumer Discretionary companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin23.1%
29th percentile of 277
Operating margin7.0%
63rd percentile of 348
Net margin3.4%
54th percentile of 384
FCF margin6.2%
64th percentile of 358
Revenue growth (YoY)+6.3%
65th percentile of 401
ROE11.4%
62nd percentile of 349
P/E15.3×
40th percentile of 245
Long-term debt / equity1.08×
71st percentile of 236
Short interest9.59d
91st percentile of 408

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
2 new, 1 added
Reduced / exited
4
2 trimmed, 2 exited
Combined position
$20.4M
reported long value
InvestorAs ofPosition valueSharesChange
Renaissance TechnologiesquantQ2 2026$8.3M92.7KNew
Citadel AdvisorsquantQ2 2026$8.2M90.9KNew
Point72 Asset ManagementquantQ2 2026$2.5M27.8KAdded
AQR Capital ManagementquantQ2 2026$990,16411.0KReduced
Gotham Asset ManagementQ2 2026$448,1825.0KReduced

No longer held by: D. E. Shaw (as of Q2 2026), Millennium Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
0
—
Reported activity
Quiet
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-10
filed 2026-06-11
M. Scott WelchDirectorBuy100$83.85$8K
2026-05-19
filed 2026-05-21
M. Scott WelchDirectorBuy100$89.44$9K
2026-05-06
filed 2026-06-24
Jacob R. PetkovichPresident - MarineBuy1.3K$95.57$124K
2026-05-05
filed 2026-05-06
M. Scott WelchDirectorBuy10.0K$88.22$882K
2026-05-05
filed 2026-05-06
Andy L. NemethChief Executive OfficerBuy10.0K$88.00$880K
2026-05-05
filed 2026-05-06
Charles R. RoederPresident - RVBuy5.8K$87.83$505K
2026-05-05
filed 2026-05-06
Filer Matthew SInsiderBuy1.0K$85.50$86K
2026-05-05
filed 2026-05-06
Blake AugsburgerDirectorBuy400$85.19$34K
2026-05-05
filed 2026-05-06
M. Scott WelchDirectorBuy50$88.41$4K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
5.8M
settled 2026-09-30
Change vs prior
+17.0%
vs previous settlement
Days to cover
9.59
at avg daily volume
Avg daily volume
607.0K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-305.8M+17.0%9.59
2026-09-155.0M+16.1%8.98
2026-08-314.3M-5.4%10.44
2026-08-144.5M+6.1%10.36
2026-07-314.3M+19.1%7.16
2026-07-153.6M+55.3%4.06
2026-06-302.3M+10.8%2.42
2026-06-152.1M-4.3%6.12

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.95B$3.72B$3.47B$4.88B$4.08B
Gross profit
Operating income$276.0M$258.0M$260.2M$496.2M$351.7M
Net income$135.1M$138.4M$142.9M$328.2M$224.9M
Diluted EPS$3.90$4.11$4.33$8.99$9.63

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$329.4M$326.8M$408.7M$411.7M$252.1M
Capital expenditure$82.9M$75.7M$59.0M$79.9M$64.8M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$1.04B-0.6%$43.4M$1.28
Q1 FY2026$997.2M-0.6%$39.5M$1.10
Q4 FY20259.2%
Q3 FY2025$975.6M6.1%$35.3M$1.01
Q2 FY2025$1.05B3.0%$32.4M$0.96
Q1 FY2025$1.00B7.5%$38.2M$1.11
Q4 FY20248.3%
Q3 FY2024$919.4M6.2%$40.9M$1.20

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorConsumer Discretionary
SIC industryMotor Vehicle Parts & Accessories
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 28, 2026)
Oldest indexed filing2016
SEC CIK76605

Selected SEC filings

10-K2026-02-19
View on EDGAR →
10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
8-K2026-10-13
View on EDGAR →
8-K2026-09-10
View on EDGAR →
8-K2026-08-10
View on EDGAR →
8-K2026-07-30
View on EDGAR →

Largest Consumer Discretionary peers

All Consumer Discretionary companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.