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PATK

PATK - Patrick Industries Inc Stock Price, Fair Value and News

104.61USD+1.21 (+1.17%)Delayed as of 22 Apr 2024, 11:02 am ET

Market Summary

PATK
USD104.61+1.21
Delayedas of 22 Apr 2024, 11:02 am
1.17%

PATK Stock Price

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PATK RSI Chart

PATK Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

16.2

Price/Sales (Trailing)

0.67

EV/EBITDA

9.89

Price/Free Cashflow

6.62

PATK Price/Sales (Trailing)

PATK Profitability

EBT Margin

5.51%

Return on Equity

13.67%

Return on Assets

5.58%

Free Cashflow Yield

15.11%

PATK Fundamentals

PATK Revenue

Revenue (TTM)

3.5B

Rev. Growth (Yr)

-17.94%

Rev. Growth (Qtr)

-9.8%

PATK Earnings

Earnings (TTM)

142.9M

Earnings Growth (Yr)

-23.3%

Earnings Growth (Qtr)

-22.08%

Breaking Down PATK Revenue

52 Week Range

63.57105.16
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-9.3%

Last 90 days

5.3%

Trailing 12 Months

46.8%

How does PATK drawdown profile look like?

PATK Financial Health

Current Ratio

2.38

Debt/Equity

0.97

Debt/Cashflow

0.4

PATK Investor Care

Buy Backs (1Y)

0.17%

Diluted EPS (TTM)

6.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.4B3.9B3.6B3.5B
20224.6B5.0B5.1B4.9B
20212.7B3.3B3.7B4.1B
20202.3B2.1B2.3B2.5B
20192.3B2.3B2.3B2.3B
20181.8B2.0B2.2B2.3B
20171.3B1.4B1.5B1.6B
2016975.6M1.1B1.1B1.2B
2015789.0M834.6M861.2M920.3M
2014623.0M651.2M692.8M735.7M
2013476.8M520.8M554.4M594.9M
2012341.0M374.0M409.5M437.4M
2011284.2M283.0M287.6M307.8M
20100234.4M256.3M278.2M
2009000212.5M
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Tracking the Latest Insider Buys and Sells of Patrick Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
ellis kip b
sold
-910,287
121
-7,462
president-powersports/ housing
Mar 01, 2024
forbes john a
sold
-806,805
118
-6,793
-
Mar 01, 2024
cleveland todd m
sold
-1,026,600
120
-8,524
-
Mar 01, 2024
welch m scott
sold
-14,405
119
-121
-
Mar 01, 2024
nemeth andy l
sold
-590,000
118
-5,000
chief executive officer
Feb 29, 2024
cleveland todd m
sold
-2,275,540
119
-19,076
-
Feb 27, 2024
nemeth andy l
sold
-582,500
116
-5,000
chief executive officer
Feb 27, 2024
rodino jeff
sold
-2,342,860
117
-20,000
president-rv
Feb 26, 2024
ellis kip b
sold
-2,070,010
115
-18,000
president-powersports/ housing
Feb 23, 2024
nemeth andy l
sold
-1,150,040
115
-10,000
chief executive officer

1–10 of 50

Which funds bought or sold PATK recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 18, 2024
Tributary Capital Management, LLC
reduced
-0.71
3,776,140
24,512,300
2.01%
Apr 18, 2024
WASATCH ADVISORS LP
reduced
-64.18
-20,221,800
15,036,900
0.08%
Apr 18, 2024
FOSTER & MOTLEY INC
added
20.06
614,000
2,043,000
0.14%
Apr 18, 2024
Park Place Capital Corp
unchanged
-
860
5,376
-%
Apr 18, 2024
Allspring Global Investments Holdings, LLC
added
1.72
2,244,600
12,882,400
0.02%
Apr 18, 2024
SJS Investment Consulting Inc.
added
50.00
158
359
-%
Apr 18, 2024
Hexagon Capital Partners LLC
unchanged
-
688
4,301
-%
Apr 18, 2024
FARMERS & MERCHANTS INVESTMENTS INC
reduced
-6.25
186
1,792
-%
Apr 16, 2024
SummerHaven Investment Management, LLC
added
1.11
179,233
1,059,100
0.66%
Apr 16, 2024
New England Research & Management, Inc.
reduced
-2.43
100,000
720,000
0.35%

1–10 of 45

Are Funds Buying or Selling PATK?

Are funds buying PATK calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PATK
No. of Funds

Unveiling Patrick Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
7.25%
1,603,694
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
6.5%
1,443,218
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 22, 2024
blackrock inc.
15.8%
3,494,199
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.2%
1,189,660
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
8.10%
1,835,486
SC 13G/A
Feb 06, 2023
wellington management group llp
4.45%
1,008,859
SC 13G/A
Jan 23, 2023
blackrock inc.
16.4%
3,709,428
SC 13G/A
Mar 10, 2022
fmr llc
-
0
SC 13G/A

Recent SEC filings of Patrick Industries Inc

View All Filings
Date Filed Form Type Document
Apr 01, 2024
ARS
ARS
Apr 01, 2024
DEF 14A
DEF 14A
Apr 01, 2024
DEFA14A
DEFA14A
Mar 14, 2024
3
Insider Trading
Mar 13, 2024
3
Insider Trading
Mar 11, 2024
8-K
Current Report
Mar 06, 2024
4
Insider Trading
Mar 05, 2024
144
Notice of Insider Sale Intent
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading

Peers (Alternatives to Patrick Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
332.3B
152.7B
-12.77% 12.31%
21.94
2.18
-3.01% -11.47%
131.7B
86.4B
-8.64% 9.74%
17.05
1.52
-11.01% 20.02%
47.2B
35.9B
-10.32% 32.17%
9.96
1.31
6.66% -16.52%
24.6B
9.5B
-2.81% 31.26%
15.48
2.59
-9.58% -7.76%
11.5B
4.4B
-12.33% 9.31%
46.93
2.62
3.50% -17.51%
MID-CAP
6.9B
11.1B
-11.90% 12.13%
-15.78
0.62
-5.13% -1840.86%
6.3B
2.8B
-10.34% 81.60%
25.76
2.26
4.08% 9.09%
5.7B
19.5B
-4.50% -25.55%
11.85
0.29
-1.36% 131.86%
3.0B
1.9B
-8.22% 15.52%
17.46
1.62
-14.77% -30.65%
2.5B
3.7B
-12.17% 19.91%
9.69
0.68
-18.06% -50.64%
2.4B
4.7B
-3.28% -42.25%
-17.85
0.52
-8.19% -144.16%
SMALL-CAP
1.4B
1.9B
-8.04% 74.82%
11.95
0.76
-10.13% 53.07%
868.7M
2.1B
-16.71% 56.57%
5.57
0.4
-6.89% -25.76%
115.7M
369.0M
-12.01% -11.47%
-19.93
0.31
-22.39% -109.49%
51.4M
86.7M
-9.39% -11.31%
10.9
0.59
9.53% -34.99%

Patrick Industries Inc News

Latest updates
Yahoo Canada Finance • 18 Apr 2024 • 01:35 pm
Zacks Investment Research • 18 Apr 2024 • 01:22 pm
Nasdaq • 15 Apr 2024 • 08:52 pm
Yahoo Finance • 26 Mar 2024 • 07:00 am
Simply Wall St • 26 Feb 2024 • 08:00 am

Patrick Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-9.8%7818669219009521,1121,4761,3421,1471,0601,020850773701424589549566613608531
Gross Profit-10.2%17919921019420123632729522720820416214213374.0010999.0010411310797.00
Operating Expenses-5.0%12212813413813314415313413211510993.0080.0074.0062.0070.0063.0067.0067.0071.0058.00
  S&GA Expenses-4.6%68.0071.0079.0082.0077.0085.0090.0076.0078.0064.0060.0051.0041.0038.0032.0036.0030.0034.0033.0038.0029.00
EBITDA Margin2.5%0.10*0.09*0.09*0.10*0.12*0.12*0.22*0.11*0.10*0.11*0.11*0.10*0.09*0.09*0.09*------
Income Taxes-23.7%11.0015.0015.008.0012.0019.0043.0034.0017.0020.0022.0010.0013.0012.001.008.006.007.009.006.003.00
Earnings Before Taxes-22.5%42.0054.0057.0038.0052.0077.0015914778.0078.0081.0057.0051.0049.001.0029.0026.0029.0037.0027.0030.00
EBT Margin-0.2%0.06*0.06*0.06*0.07*0.09*0.09*0.09*0.08*0.07*0.07*0.07*0.06*---------
Net Income-22.1%31.0040.0042.0030.0040.0059.0011711361.0057.0059.0048.0038.0037.001.0021.0020.0021.0027.0021.0027.00
Net Income Margin-1.5%0.04*0.04*0.04*0.06*0.07*0.07*0.07*0.06*0.06*0.05*0.05*0.04*---------
Free Cashflow-1.2%103105163-21.2216513772.00-41.7184.0051.0016.0036.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.5%2,5622,6562,7072,8172,7822,8973,0252,9712,6512,3582,2251,8351,7531,5751,4931,5221,4711,4511,3311,3551,231
  Current Assets-9.4%7358118349549101,1071,2231,174974863764592528532537549517528412429385
    Cash Equivalents-30.6%11.0016.0034.0031.0023.0053.0077.0064.0012345.0058.006.0045.0062.0011195.0013911724.008.007.00
  Inventory-1.5%510518555628668734739699614486406345313281262274254263253265273
  Net PPE-1.3%354358363354351343340328319309298256251197185189181180182180177
  Goodwill0%637637633627629598605600551479454405396356326326319308302292282
Liabilities-6.6%1,5171,6251,7101,8471,8271,9502,1272,1711,8831,6661,5811,2401,1941,0491,0001,027974971872926822
  Current Liabilities-8.1%308336307333367436473496433409329300227253219236187202205218158
  Long Term Debt-7.8%1,0181,1051,2161,3321,2761,3331,4751,4901,2791,0781,077786811674673672670671570614622
    LT Debt, Current0%8.008.008.008.008.008.008.008.008.008.008.008.008.005.005.005.005.005.0010.0010.009.00
    LT Debt, Non Current-7.8%1,0181,1051,2161,3321,2761,3331,4751,4901,2791,0781,077786811674673672670671570614622
Shareholder's Equity1.4%1,0451,031997970955947898800768692643595559526493495497480459429409
  Retained Earnings1.5%843830801776759753708613514476453401360331304309306292273246225
  Additional Paid-In Capital---------60.0024.0024.0024.0024.0024.0025.0025.0025.0025.0025.0025.0025.00
Shares Outstanding2.9%22.0022.0022.0022.0022.0022.0022.0023.0023.0023.0023.0023.00---------
Float---1,700---1,150---1,700---1,200---1,100--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-0.6%114,842115,479179,301-950181,930155,51297,335-23,039104,71368,67228,45350,29247,39573,38626,20813,16470,37728,21965,93027,88472,600
  Share Based Compensation0.4%5,7545,7292,7045,2426,1555,3525,1335,1115,5806,9716,0384,2984,7834,8302,0364,3113,3973,8674,2253,9473,070
Cashflow From Investing-11.8%-11,082-9,916-41,970-23,577-112,583-21,324-44,441-143,119-231,018-62,823-235,848-45,045-192,460-110,407-3,177-31,840-39,144-25,002-5,211-9,855-60,370
Cashflow From Financing11.6%-108,801-123,024-134,20332,463-99,769-157,944-39,715107,155204,272-19,369259,626-43,843127,485-11,694-6,492-26,191-8,55589,923-45,601-16,470-5,641
  Dividend Payments21.8%11,8809,7539,74610,7619,8627,3417,3788,2887,5376,4266,4886,5736,3655,6585,7705,8375,798----
  Buy Backs1329.3%6,5754608,1163,66029,2517,44016,53024,77816,99510,39521,550-2,8204,736-15,5501873,58391.00-32,539

PATK Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
NET SALES$ 3,468,045$ 4,881,872$ 4,078,092
Cost of goods sold2,685,8123,821,9343,276,898
GROSS PROFIT782,2331,059,938801,194
Operating Expenses:   
Warehouse and delivery143,921163,026139,606
Selling, general and administrative299,418327,513253,547
Amortization of intangible assets78,69473,22956,329
Total operating expenses522,033563,768449,482
OPERATING INCOME260,200496,170351,712
Interest expense, net68,94260,76057,890
Income before income taxes191,258435,410293,822
Income taxes48,361107,21468,907
NET INCOME$ 142,897$ 328,196$ 224,915
BASIC EARNINGS PER COMMON SHARE (in USD per share)$ 6.64$ 14.82$ 9.87
DILUTED EARNINGS PER COMMON SHARE (in USD per share)$ 6.50$ 13.49$ 9.63
Weighted average shares outstanding - Basic (in shares)21,51922,14022,780
Weighted average shares outstanding - Diluted (in shares)22,02524,47123,355

PATK Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets  
Cash and cash equivalents$ 11,409$ 22,847
Trade and other receivables, net163,838172,890
Inventories510,133667,841
Prepaid expenses and other49,25146,326
Total current assets734,631909,904
Property, plant and equipment, net353,625350,572
Operating lease right-of-use-assets177,717163,674
Goodwill637,393629,263
Intangible assets, net651,153720,230
Other non-current assets7,9298,828
TOTAL ASSETS2,562,4482,782,471
Current Liabilities  
Current maturities of long-term debt7,5007,500
Current operating lease liabilities48,76144,235
Accounts payable140,524142,910
Accrued liabilities111,711172,595
Total current liabilities308,496367,240
Long-term debt, less current maturities, net1,018,3561,276,149
Long-term operating lease liabilities132,444122,471
Deferred tax liabilities, net46,72448,392
Other long-term liabilities11,09113,050
TOTAL LIABILITIES1,517,1111,827,302
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY  
Preferred stock, no par value; authorized 1,000,000 shares; none issued or outstanding00
Common stock, no par value; authorized 40,000,000 shares; issued and outstanding 2023 - 22,160,608 shares; issued and outstanding 2022 - 22,212,360 shares203,258197,003
Accumulated other comprehensive loss(999)(695)
Retained earnings843,078758,861
TOTAL SHAREHOLDERS’ EQUITY1,045,337955,169
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$ 2,562,448$ 2,782,471
PATK
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinets; polymer-based flooring products; dash panels; and other products. 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, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, electrical and plumbing products, fiber reinforced polyester products; cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. The company was founded in 1959 and is based in Elkhart, Indiana.
 CEO
 WEBSITEpatrickind.com
 INDUSTRYHome Improvement Retail
 EMPLOYEES10000

Patrick Industries Inc Frequently Asked Questions


What is the ticker symbol for Patrick Industries Inc? What does PATK stand for in stocks?

PATK is the stock ticker symbol of Patrick Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Patrick Industries Inc (PATK)?

As of Fri Apr 19 2024, market cap of Patrick Industries Inc is 2.31 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PATK stock?

You can check PATK's fair value in chart for subscribers.

What is the fair value of PATK stock?

You can check PATK's fair value in chart for subscribers. The fair value of Patrick Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Patrick Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PATK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Patrick Industries Inc a good stock to buy?

The fair value guage provides a quick view whether PATK is over valued or under valued. Whether Patrick Industries Inc is cheap or expensive depends on the assumptions which impact Patrick Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PATK.

What is Patrick Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, PATK's PE ratio (Price to Earnings) is 16.2 and Price to Sales (PS) ratio is 0.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PATK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Patrick Industries Inc's stock?

In the past 10 years, Patrick Industries Inc has provided 0.19 (multiply by 100 for percentage) rate of return.