Patrick Industries (PATK) Financials

$79.68 -1.47 (-1.81%)

Closing price 04/15/2025 04:00 PM Eastern

Extended Trading

$79.68 -0.01 (-0.01%)

As of 04/15/2025 04:20 PM Eastern

Annual Income Statements for Patrick Industries

This table shows Patrick Industries' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	42	56	86	120	90	97	225	328	143	138
Consolidated Net Income / (Loss)	42	56	86	120	90	97	225	328	143	138
Net Income / (Loss) Continuing Operations	42	56	86	120	90	97	225	328	143	138
Total Pre-Tax Income	66	84	113	152	118	130	294	435	191	179
Total Operating Income	70	91	122	178	154	173	352	496	260	258
Total Gross Profit	152	202	279	416	423	459	801	1,060	782	836
Total Revenue	920	1,222	1,636	2,263	2,337	2,487	4,078	4,882	3,468	3,716
Operating Revenue	920	1,222	1,636	2,263	2,337	2,487	4,078	4,882	3,468	3,716
Total Cost of Revenue	768	1,019	1,357	1,847	1,914	2,028	3,277	3,822	2,686	2,880
Operating Cost of Revenue	768	1,019	1,357	1,847	1,914	2,028	3,277	3,822	2,686	2,880
Total Operating Expenses	82	112	157	237	268	286	449	564	522	578
Selling, General & Admin Expense	46	62	91	128	134	146	254	328	299	326
Amortization Expense	8.80	13	19	34	36	41	56	73	79	96
Other Operating Expenses / (Income)	27	36	47	75	98	98	140	163	144	156
Total Other Income / (Expense), net	-4.32	-7.19	-8.79	-26	-37	-43	-58	-61	-69	-79
Interest & Investment Income	-4.32	-7.19	-8.79	-26	-37	-43	-58	-61	-69	-79
Income Tax Expense	23	28	27	32	28	33	69	107	48	40
Basic Earnings per Share	$1.84	$2.47	$3.54	$4.99	$3.88	$4.27	$9.87	$9.88	$4.43	$4.25
Weighted Average Basic Shares Outstanding	22.98M	22.52M	24.23M	24.00M	23.06M	22.73M	22.78M	33.21M	32.28M	32.57M
Diluted Earnings per Share	$1.81	$2.43	$3.48	$4.93	$3.85	$4.20	$9.63	$8.99	$4.33	$4.11
Weighted Average Diluted Shares Outstanding	23.25M	22.90M	24.64M	24.32M	23.28M	23.09M	23.36M	36.71M	33.04M	33.70M
Weighted Average Basic & Diluted Shares Outstanding	15.30M	22.50M	24.20M	23.87M	23.88M	23.54M	23.35M	22.42M	22.38M	33.64M

This table shows Patrick Industries' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	59	40	30	42	40	31	35	48	41	15
Consolidated Net Income / (Loss)	59	40	30	42	40	31	35	48	41	15
Net Income / (Loss) Continuing Operations	59	40	30	42	40	31	35	48	41	15
Total Pre-Tax Income	77	52	38	57	54	42	39	64	54	21
Total Operating Income	93	68	56	76	71	57	59	85	74	40
Total Gross Profit	236	201	194	210	199	179	205	231	213	187
Total Revenue	1,112	952	900	921	866	781	933	1,017	919	846
Operating Revenue	1,112	952	900	921	866	781	933	1,017	919	846
Total Cost of Revenue	876	751	706	711	667	602	729	785	707	659
Operating Cost of Revenue	876	751	706	711	667	602	729	785	707	659
Total Operating Expenses	144	133	138	134	128	122	146	147	138	148
Selling, General & Admin Expense	85	77	82	79	71	68	85	84	76	81
Amortization Expense	19	19	20	20	20	20	23	24	24	25
Other Operating Expenses / (Income)	40	38	36	36	38	34	37	39	38	42
Total Other Income / (Expense), net	-15	-16	-18	-18	-17	-15	-20	-20	-20	-19
Interest & Investment Income	-15	-16	-18	-18	-17	-15	-20	-20	-20	-19
Income Tax Expense	19	12	7.58	15	15	11	4.16	16	14	6.05
Basic Earnings per Share	$2.66	$1.21	$1.40	$1.97	$1.84	$0.95	$1.62	$2.20	$1.88	$0.45
Weighted Average Basic Shares Outstanding	22.09M	33.21M	21.59M	21.52M	21.51M	32.28M	21.65M	21.72M	21.74M	32.57M
Diluted Earnings per Share	$2.43	$1.21	$1.35	$1.94	$1.81	$0.95	$1.59	$2.16	$1.80	$0.45
Weighted Average Diluted Shares Outstanding	24.41M	36.71M	22.51M	21.79M	21.88M	33.04M	22.08M	22.17M	22.64M	33.70M
Basic & Diluted Earnings per Share	-	$1.21	-	-	-	$0.95	-	-	-	$0.45
Weighted Average Basic & Diluted Shares Outstanding	22.66M	22.42M	22.32M	22.21M	22.13M	22.38M	22.40M	22.40M	22.40M	33.64M
Cash Dividends to Common per Share	-	$0.30	-	-	-	$0.37	-	-	-	$0.40

This table details how cash moves in and out of Patrick Industries' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-0.04	6.36	-3.68	4.13	132	-95	78	-100	-11	22
Net Cash From Operating Activities	67	97	100	200	192	160	252	412	409	327
Net Cash From Continuing Operating Activities	67	97	100	200	192	160	252	412	409	327
Net Income / (Loss) Continuing Operations	42	56	86	120	90	97	225	328	143	138
Consolidated Net Income / (Loss)	42	56	86	120	90	97	225	328	143	138
Depreciation Expense	17	24	34	55	63	73	105	131	145	167
Amortization Expense	-	0.00	0.00	5.89	7.02	7.19	7.99	3.89	3.24	3.27
Non-Cash Adjustments To Reconcile Net Income	5.80	7.74	11	11	14	20	28	19	20	19
Changes in Operating Assets and Liabilities, net	2.06	9.47	-30	8.10	19	-37	-114	-70	98	-0.84
Net Cash From Investing Activities	-147	-154	-273	-371	-79	-338	-575	-321	-87	-513
Net Cash From Continuing Investing Activities	-147	-154	-273	-371	-79	-338	-575	-321	-87	-513
Purchase of Property, Plant & Equipment	-7.96	-15	-22	-34	-28	-32	-65	-80	-59	-76
Acquisitions	-140	-139	-252	-343	-56	-306	-508	-249	-26	-412
Sale of Property, Plant & Equipment	0.10	0.28	1.21	6.46	4.40	0.21	0.20	7.62	1.36	2.41
Other Investing Activities, net	0.64	0.04	-	-	0.00	0.00	-2.00	-0.31	-3.06	-28
Net Cash From Financing Activities	80	63	170	175	19	83	401	-190	-334	208
Net Cash From Continuing Financing Activities	80	63	170	175	19	83	401	-190	-334	208
Repayment of Debt	-296	-383	-594	-1,122	-924	-104	-995	-904	-749	-1,660
Repurchase of Common Equity	-23	-5.21	0.00	-108	-3.82	-23	-49	-77	-19	-4.66
Payment of Dividends	-	-	0.00	0.00	-5.80	-24	-27	-33	-42	-50
Issuance of Debt	398	451	675	1,421	961	239	1,500	839	488	1,945
Other Financing Activities, net	1.78	0.23	-4.82	-34	-7.80	-5.10	-72	-16	-12	-22

This table details how cash moves in and out of Patrick Industries' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-24	-30	7.94	3.13	-17	-5.04	6.20	26	8.65	-19
Net Cash From Operating Activities	156	182	-0.95	179	115	115	35	137	52	103
Net Cash From Continuing Operating Activities	156	182	-0.95	179	115	115	35	137	52	103
Net Income / (Loss) Continuing Operations	59	40	30	42	40	31	35	48	41	15
Consolidated Net Income / (Loss)	59	40	30	42	40	31	35	48	41	15
Depreciation Expense	33	35	36	36	36	37	40	41	42	43
Non-Cash Adjustments To Reconcile Net Income	6.04	4.00	7.30	3.63	6.78	1.99	6.31	4.85	5.54	2.76
Changes in Operating Assets and Liabilities, net	57	101	-74	97	33	42	-47	43	-37	40
Net Cash From Investing Activities	-21	-113	-24	-42	-9.92	-11	-371	-16	-99	-27
Net Cash From Continuing Investing Activities	-21	-113	-24	-42	-9.92	-11	-371	-16	-99	-27
Purchase of Property, Plant & Equipment	-19	-16	-20	-16	-11	-12	-15	-17	-18	-25
Acquisitions	-2.50	-96	-0.48	-26	0.83	0.15	-330	-1.09	-81	-0.18
Sale of Property, Plant & Equipment	0.15	0.18	0.09	0.64	0.22	0.42	0.17	1.95	0.18	0.12
Other Investing Activities, net	-	-	-2.93	-0.02	-0.02	-0.09	-26	-0.04	-0.07	-1.97
Net Cash From Financing Activities	-158	-100	32	-134	-123	-109	342	-95	56	-94
Net Cash From Continuing Financing Activities	-158	-100	32	-134	-123	-109	342	-95	56	-94
Repayment of Debt	-252	-195	-299	-127	-229	-93	-316	-268	-210	-866
Repurchase of Common Equity	-6.60	-30	-3.66	-8.12	-0.45	-6.58	0.00	-	-	-4.66
Payment of Dividends	-7.34	-9.86	-11	-9.75	-9.75	-12	-13	-12	-12	-13
Issuance of Debt	108	136	354	10	117	6.25	689	186	280	790
Other Financing Activities, net	0.01	-0.99	-8.38	0.54	-0.94	-3.40	-18	-1.13	-2.27	-0.28

This table presents Patrick Industries' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	382	535	867	1,231	1,471	1,753	2,651	2,782	2,562	3,021
Total Current Assets	134	173	274	385	517	528	974	910	735	823
Cash & Equivalents	0.09	6.45	2.77	6.90	139	45	123	23	11	34
Accounts Receivable	38	38	78	82	88	133	172	173	164	178
Inventories, net	89	120	175	273	254	313	614	668	510	552
Prepaid Expenses	6.12	7.85	18	23	36	38	64	46	49	59
Plant, Property, & Equipment, net	68	85	118	177	181	251	319	351	354	385
Total Noncurrent Assets	180	277	474	669	773	974	1,357	1,522	1,474	1,813
Goodwill	69	110	208	282	319	396	551	629	637	797
Intangible Assets	107	165	263	383	357	456	640	720	651	803
Other Noncurrent Operating Assets	2.44	2.27	2.69	4.20	97	122	165	173	186	213
Total Liabilities & Shareholders' Equity	382	535	867	1,231	1,471	1,753	2,651	2,782	2,562	3,021
Total Liabilities	253	350	496	822	974	1,194	1,883	1,827	1,517	1,893
Total Current Liabilities	58	86	136	158	187	227	433	367	308	354
Short-Term Debt	11	16	16	8.75	5.00	7.50	7.50	7.50	7.50	6.25
Accounts Payable	29	47	84	90	96	106	204	143	141	188
Accrued Expenses	18	24	37	59	58	83	181	173	112	106
Other Current Liabilities	-	-	-	0.00	28	31	40	44	49	54
Total Noncurrent Liabilities	195	263	360	665	787	967	1,450	1,460	1,209	1,539
Long-Term Debt	193	257	338	622	670	811	1,279	1,276	1,018	1,312
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	4.99	14	23	27	40	36	48	47	61
Other Noncurrent Operating Liabilities	1.92	1.61	7.78	20	89	116	135	136	144	166
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	129	185	371	409	497	559	768	955	1,045	1,128
Total Preferred & Common Equity	129	185	371	409	497	559	768	955	1,045	1,128
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	129	185	371	409	497	559	768	955	1,045	1,128
Common Stock	66	72	171	187	198	205	256	197	203	202
Retained Earnings	63	113	199	225	306	360	514	759	843	927
Accumulated Other Comprehensive Income / (Loss)	0.03	0.03	0.07	-2.68	-5.70	-6.05	-2.23	-0.70	-1.00	-0.93

This table presents Patrick Industries' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,897	2,817	2,707	2,656	3,033	3,004	3,123
Total Current Assets	1,107	954	834	811	859	854	913
Cash & Equivalents	53	31	34	16	18	44	53
Accounts Receivable	286	256	207	241	278	252	255
Inventories, net	734	628	555	518	515	504	545
Prepaid Expenses	34	39	38	36	49	53	60
Plant, Property, & Equipment, net	343	354	363	358	371	368	369
Total Noncurrent Assets	1,446	1,509	1,510	1,486	1,802	1,782	1,841
Goodwill	598	627	633	637	756	758	789
Intangible Assets	675	707	698	671	849	825	839
Other Noncurrent Operating Assets	173	175	179	178	198	199	212
Total Liabilities & Shareholders' Equity	2,897	2,817	2,707	2,656	3,033	3,004	3,123
Total Liabilities	1,950	1,847	1,710	1,625	1,974	1,905	1,993
Total Current Liabilities	436	333	307	336	361	374	379
Short-Term Debt	7.50	7.50	7.50	7.50	7.50	7.50	11
Accounts Payable	189	149	130	148	197	207	189
Accrued Expenses	196	131	123	133	104	107	125
Other Current Liabilities	43	45	46	47	52	53	53
Total Noncurrent Liabilities	1,514	1,514	1,402	1,289	1,614	1,532	1,614
Long-Term Debt	1,333	1,332	1,216	1,105	1,392	1,311	1,378
Noncurrent Deferred & Payable Income Tax Liabilities	43	49	49	47	68	68	68
Other Noncurrent Operating Liabilities	138	9.02	10	11	154	153	169
Total Equity & Noncontrolling Interests	947	970	997	1,031	1,059	1,099	1,129
Total Preferred & Common Equity	947	970	997	1,031	1,059	1,099	1,129
Preferred Stock	-	-	-	-	-	-	0.00
Total Common Equity	947	970	997	1,031	1,059	1,099	1,129
Common Stock	195	195	197	202	194	198	201
Retained Earnings	753	776	801	830	866	901	930
Accumulated Other Comprehensive Income / (Loss)	-1.64	-0.70	-0.79	-0.80	-1.03	-1.03	-0.99

This table displays calculated financial ratios and metrics derived from Patrick Industries' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	25.09%	32.77%	33.86%	38.36%	3.27%	6.40%	64.00%	19.71%	-28.96%	7.14%
EBITDA Growth	40.04%	32.88%	34.93%	53.98%	-6.31%	13.19%	83.00%	35.80%	-35.33%	4.87%
EBIT Growth	35.84%	29.92%	34.20%	46.36%	-13.44%	12.26%	102.86%	41.07%	-47.56%	-0.83%
NOPAT Growth	39.88%	34.12%	53.07%	52.28%	-16.55%	9.94%	108.58%	38.91%	-48.02%	2.87%
Net Income Growth	37.64%	31.64%	54.23%	39.80%	-25.26%	8.37%	131.73%	45.92%	-56.46%	-3.15%
EPS Growth	37.64%	31.64%	43.21%	41.67%	-21.91%	9.09%	129.29%	45.92%	-56.46%	-5.08%
Operating Cash Flow Growth	44.34%	45.31%	2.83%	100.21%	-3.80%	-16.76%	57.43%	63.30%	-0.74%	-20.02%
Free Cash Flow Firm Growth	-145.40%	30.50%	-202.14%	4.47%	168.47%	-246.64%	-92.83%	127.13%	292.95%	-143.63%
Invested Capital Growth	63.99%	35.87%	59.84%	43.03%	0.11%	28.99%	44.87%	14.75%	-7.05%	17.14%
Revenue Q/Q Growth	6.86%	6.57%	10.22%	2.52%	0.79%	9.86%	10.12%	-3.85%	-4.69%	1.78%
EBITDA Q/Q Growth	15.92%	-0.84%	10.16%	5.42%	-0.54%	13.47%	9.76%	-3.23%	-1.21%	-1.94%
EBIT Q/Q Growth	11.27%	3.79%	10.92%	2.76%	-1.85%	17.79%	10.19%	-5.17%	-3.81%	-6.43%
NOPAT Q/Q Growth	13.39%	3.15%	21.78%	1.70%	-5.20%	16.20%	11.57%	-5.48%	-5.07%	-6.23%
Net Income Q/Q Growth	12.66%	2.82%	22.05%	-1.70%	-7.24%	22.52%	11.50%	-5.97%	-6.15%	-10.51%
EPS Q/Q Growth	12.66%	2.82%	22.11%	-3.33%	-7.89%	20.34%	11.33%	-5.97%	-6.15%	-40.86%
Operating Cash Flow Q/Q Growth	37.97%	4.39%	27.31%	2.86%	-1.14%	-12.55%	29.42%	23.08%	-14.10%	-3.60%
Free Cash Flow Firm Q/Q Growth	21.79%	-54.97%	-158.42%	40.01%	-89.79%	83.46%	5.68%	183.89%	88.54%	-24,044.02%
Invested Capital Q/Q Growth	-5.87%	0.45%	21.46%	1.64%	0.00%	16.70%	11.48%	-0.82%	-8.58%	-2.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.55%	16.57%	17.05%	18.38%	18.09%	18.46%	19.65%	21.71%	22.56%	22.50%
EBITDA Margin	9.42%	9.43%	9.50%	10.58%	9.60%	10.21%	11.39%	12.92%	11.76%	11.51%
Operating Margin	7.60%	7.43%	7.45%	7.88%	6.61%	6.97%	8.62%	10.16%	7.50%	6.94%
EBIT Margin	7.60%	7.43%	7.45%	7.88%	6.61%	6.97%	8.62%	10.16%	7.50%	6.94%
Profit (Net Income) Margin	4.59%	4.55%	5.24%	5.30%	3.83%	3.90%	5.52%	6.72%	4.12%	3.72%
Tax Burden Percent	64.36%	66.44%	75.78%	78.85%	76.02%	74.45%	76.55%	75.38%	74.71%	77.51%
Interest Burden Percent	93.82%	92.09%	92.79%	85.18%	76.29%	75.20%	83.54%	87.75%	73.50%	69.20%
Effective Tax Rate	35.64%	33.56%	24.22%	21.15%	23.98%	25.55%	23.45%	24.62%	25.29%	22.49%
Return on Invested Capital (ROIC)	16.82%	15.40%	15.75%	16.04%	11.37%	10.91%	16.50%	18.04%	9.09%	8.94%
ROIC Less NNEP Spread (ROIC-NNEP)	14.99%	13.36%	13.59%	11.76%	6.57%	6.02%	11.92%	14.26%	4.57%	3.58%
Return on Net Nonoperating Assets (RNNOA)	19.67%	20.00%	15.08%	14.71%	8.40%	7.46%	17.40%	20.07%	5.19%	3.79%
Return on Equity (ROE)	36.50%	35.39%	30.83%	30.75%	19.77%	18.37%	33.90%	38.10%	14.29%	12.73%
Cash Return on Invested Capital (CROIC)	-31.66%	-15.02%	-30.31%	-19.37%	11.26%	-14.41%	-20.15%	4.30%	16.40%	-6.84%
Operating Return on Assets (OROA)	21.95%	19.82%	17.39%	17.01%	11.43%	10.75%	15.97%	18.26%	9.74%	9.24%
Return on Assets (ROA)	13.25%	12.13%	12.23%	11.42%	6.63%	6.02%	10.21%	12.08%	5.35%	4.96%
Return on Common Equity (ROCE)	36.50%	35.39%	30.83%	30.75%	19.77%	18.37%	33.90%	38.10%	14.29%	12.73%
Return on Equity Simple (ROE_SIMPLE)	32.83%	29.97%	23.12%	29.32%	18.00%	17.35%	29.30%	34.36%	13.67%	12.27%
Net Operating Profit after Tax (NOPAT)	45	60	92	141	117	129	269	374	194	200
NOPAT Margin	4.89%	4.94%	5.65%	6.22%	5.02%	5.19%	6.60%	7.66%	5.61%	5.38%
Net Nonoperating Expense Percent (NNEP)	1.83%	2.03%	2.16%	4.28%	4.80%	4.89%	4.57%	3.78%	4.53%	5.36%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	16.71%	9.39%	8.18%
Cost of Revenue to Revenue	83.45%	83.43%	82.95%	81.62%	81.91%	81.54%	80.35%	78.29%	77.44%	77.50%
SG&A Expenses to Revenue	5.05%	5.09%	5.55%	5.67%	5.75%	5.89%	6.22%	6.71%	8.63%	8.77%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.95%	9.14%	9.60%	10.49%	11.49%	11.49%	11.02%	11.55%	15.05%	15.55%
Earnings before Interest and Taxes (EBIT)	70	91	122	178	154	173	352	496	260	258
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	87	115	155	239	224	254	465	631	408	428
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.79	5.74	4.30	1.58	2.29	2.66	2.35	1.37	2.08	2.46
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.67	0.87	0.97	0.29	0.49	0.60	0.44	0.27	0.63	0.75
Price to Earnings (P/E)	14.58	19.15	18.59	5.40	12.71	15.31	8.01	3.99	15.20	20.09
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.52%	2.01%	1.54%	2.49%	1.94%	0.00%
Earnings Yield	6.86%	5.22%	5.38%	18.53%	7.87%	6.53%	12.48%	25.04%	6.58%	4.98%
Enterprise Value to Invested Capital (EV/IC)	2.46	2.95	2.69	1.23	1.62	1.70	1.54	1.16	1.55	1.68
Enterprise Value to Revenue (EV/Rev)	0.89	1.09	1.19	0.56	0.72	0.91	0.73	0.53	0.92	1.09
Enterprise Value to EBITDA (EV/EBITDA)	9.45	11.55	12.51	5.31	7.47	8.90	6.38	4.08	7.81	9.50
Enterprise Value to EBIT (EV/EBIT)	11.72	14.64	15.96	7.12	10.84	13.03	8.43	5.18	12.24	15.75
Enterprise Value to NOPAT (EV/NOPAT)	18.20	22.04	21.05	9.03	14.26	17.51	11.01	6.88	16.39	20.32
Enterprise Value to Operating Cash Flow (EV/OCF)	12.25	13.69	19.47	6.35	8.70	14.11	11.76	6.25	7.80	12.43
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	14.40	0.00	0.00	28.82	9.09	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.59	1.47	0.95	1.54	1.36	1.46	1.68	1.34	0.98	1.17
Long-Term Debt to Equity	1.50	1.38	0.91	1.52	1.35	1.45	1.67	1.34	0.97	1.16
Financial Leverage	1.31	1.50	1.11	1.25	1.28	1.24	1.46	1.41	1.14	1.06
Leverage Ratio	2.75	2.92	2.52	2.69	2.98	3.05	3.32	3.15	2.67	2.57
Compound Leverage Factor	2.58	2.69	2.34	2.29	2.27	2.29	2.77	2.77	1.96	1.78
Debt to Total Capital	61.32%	59.51%	48.84%	60.67%	57.58%	59.40%	62.63%	57.34%	49.53%	53.87%
Short-Term Debt to Total Capital	3.22%	3.44%	2.18%	0.84%	0.43%	0.54%	0.37%	0.34%	0.36%	0.26%
Long-Term Debt to Total Capital	58.10%	56.07%	46.66%	59.83%	57.16%	58.85%	62.27%	57.00%	49.17%	53.62%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	38.68%	40.49%	51.16%	39.33%	42.42%	40.60%	37.37%	42.66%	50.47%	46.13%
Debt to EBITDA	2.35	2.37	2.28	2.63	3.01	3.22	2.77	2.03	2.51	3.08
Net Debt to EBITDA	2.35	2.31	2.26	2.61	2.39	3.05	2.51	2.00	2.49	3.00
Long-Term Debt to EBITDA	2.23	2.23	2.18	2.60	2.99	3.19	2.75	2.02	2.50	3.07
Debt to NOPAT	4.53	4.52	3.83	4.48	5.75	6.34	4.78	3.43	5.28	6.59
Net Debt to NOPAT	4.53	4.41	3.80	4.43	4.57	5.99	4.32	3.37	5.22	6.42
Long-Term Debt to NOPAT	4.29	4.26	3.66	4.42	5.71	6.28	4.75	3.41	5.24	6.56
Altman Z-Score	4.94	5.16	4.79	3.27	3.20	2.98	3.07	3.39	3.21	3.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.31	2.01	2.01	2.44	2.76	2.32	2.25	2.48	2.38	2.33
Quick Ratio	0.66	0.52	0.59	0.57	1.21	0.78	0.68	0.53	0.57	0.60
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-85	-59	-178	-170	116	-171	-329	89	351	-153
Operating Cash Flow to CapEx	851.13%	642.21%	469.33%	713.75%	827.25%	502.22%	390.25%	569.78%	709.19%	446.07%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.89	2.67	2.33	2.16	1.73	1.54	1.85	1.80	1.30	1.33
Accounts Receivable Turnover	25.98	31.87	28.14	28.24	27.49	22.60	26.75	28.28	20.60	21.73
Inventory Turnover	9.57	9.73	9.19	8.24	7.27	7.16	7.07	5.96	4.56	5.42
Fixed Asset Turnover	14.70	15.93	16.04	15.31	13.06	11.50	14.28	14.57	9.85	10.06
Accounts Payable Turnover	26.26	27.01	20.74	21.24	20.58	20.08	21.19	22.06	18.95	17.54
Days Sales Outstanding (DSO)	14.05	11.45	12.97	12.93	13.28	16.15	13.64	12.91	17.72	16.80
Days Inventory Outstanding (DIO)	38.14	37.50	39.72	44.28	50.22	51.01	51.64	61.23	80.04	67.29
Days Payable Outstanding (DPO)	13.90	13.52	17.60	17.18	17.73	18.18	17.23	16.54	19.26	20.81
Cash Conversion Cycle (CCC)	38.29	35.44	35.09	40.02	45.77	48.97	48.05	57.59	78.50	63.27
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	332	452	722	1,032	1,033	1,333	1,931	2,216	2,060	2,413
Invested Capital Turnover	3.44	3.12	2.79	2.58	2.26	2.10	2.50	2.35	1.62	1.66
Increase / (Decrease) in Invested Capital	130	119	270	311	1.09	300	598	285	-156	353
Enterprise Value (EV)	819	1,330	1,945	1,270	1,675	2,260	2,965	2,572	3,186	4,064
Market Capitalization	615	1,064	1,594	647	1,139	1,486	1,802	1,311	2,172	2,780
Book Value per Share	$8.27	$12.09	$22.04	$17.03	$20.93	$23.95	$32.45	$42.15	$47.23	$50.37
Tangible Book Value per Share	($3.01)	($5.80)	($5.99)	($10.66)	($7.53)	($12.53)	($17.94)	($17.40)	($10.99)	($21.06)
Total Capital	332	458	725	1,039	1,173	1,378	2,054	2,239	2,071	2,446
Total Debt	204	273	354	631	675	818	1,286	1,284	1,026	1,318
Total Long-Term Debt	193	257	338	622	670	811	1,279	1,276	1,018	1,312
Net Debt	204	266	351	624	536	774	1,164	1,261	1,014	1,284
Capital Expenditures (CapEx)	7.86	15	21	28	23	32	65	72	58	73
Debt-free, Cash-free Net Working Capital (DFCFNWC)	87	96	151	229	196	263	426	527	422	442
Debt-free Net Working Capital (DFNWC)	87	102	153	236	335	308	549	550	434	475
Net Working Capital (NWC)	76	87	138	227	330	301	541	543	426	469
Net Nonoperating Expense (NNE)	2.78	4.77	6.66	21	28	32	44	46	52	62
Net Nonoperating Obligations (NNO)	204	266	351	624	536	774	1,164	1,261	1,014	1,284
Total Depreciation and Amortization (D&A)	17	24	34	61	70	80	113	135	148	170
Debt-free, Cash-free Net Working Capital to Revenue	9.41%	7.86%	9.20%	10.13%	8.37%	10.59%	10.44%	10.80%	12.17%	11.89%
Debt-free Net Working Capital to Revenue	9.42%	8.38%	9.37%	10.44%	14.33%	12.39%	13.46%	11.27%	12.50%	12.79%
Net Working Capital to Revenue	8.25%	7.09%	8.41%	10.05%	14.12%	12.09%	13.27%	11.12%	12.29%	12.62%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.84	$2.47	$3.54	$4.99	$3.88	$4.27	$9.87	$9.88	$4.43	$4.25
Adjusted Weighted Average Basic Shares Outstanding	22.98M	22.52M	24.23M	24.00M	23.06M	22.73M	22.78M	33.21M	32.28M	32.57M
Adjusted Diluted Earnings per Share	$1.81	$2.43	$3.48	$4.93	$3.85	$4.20	$9.63	$8.99	$4.33	$4.11
Adjusted Weighted Average Diluted Shares Outstanding	23.25M	22.90M	24.64M	24.32M	23.28M	23.09M	23.36M	36.71M	33.04M	33.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.83M	23.07M	25.47M	23.87M	23.88M	23.54M	23.35M	33.63M	33.57M	33.64M
Normalized Net Operating Profit after Tax (NOPAT)	45	60	92	141	117	129	269	374	194	200
Normalized NOPAT Margin	4.89%	4.94%	5.65%	6.22%	5.02%	5.19%	6.60%	7.66%	5.61%	5.38%
Pre Tax Income Margin	7.13%	6.85%	6.92%	6.72%	5.04%	5.24%	7.20%	8.92%	5.51%	4.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	6.47%	24.35%	12.02%	10.02%	29.49%	36.26%
Augmented Payout Ratio	53.62%	9.38%	0.00%	89.76%	10.73%	48.15%	33.77%	33.51%	42.65%	39.63%

This table displays calculated financial ratios and metrics derived from Patrick Industries' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	4.90%	-17.04%	-32.94%	-37.61%	-22.12%	-17.94%	3.71%	10.42%	6.16%	8.31%
EBITDA Growth	3.08%	-16.74%	-52.32%	-46.18%	-14.98%	-10.26%	8.65%	13.10%	8.41%	-12.51%
EBIT Growth	-0.55%	-28.58%	-65.24%	-56.57%	-23.38%	-15.25%	5.53%	12.06%	4.70%	-30.92%
NOPAT Growth	2.41%	-29.27%	-63.78%	-56.15%	-26.36%	-19.74%	18.04%	12.84%	7.85%	-33.49%
Net Income Growth	2.48%	-34.15%	-73.22%	-63.65%	-32.76%	-23.30%	16.31%	13.05%	3.33%	-52.76%
EPS Growth	-0.82%	-34.15%	-70.26%	-59.50%	-25.51%	-23.30%	17.78%	11.34%	-0.55%	-52.63%
Operating Cash Flow Growth	126.46%	73.74%	95.88%	84.21%	-25.74%	-36.88%	3,802.74%	-23.32%	-55.38%	-10.62%
Free Cash Flow Firm Growth	17.20%	55.66%	82.85%	108.72%	107.65%	185.31%	112.51%	-89.49%	-574.49%	-263.93%
Invested Capital Growth	28.98%	14.75%	7.60%	0.51%	0.84%	-7.05%	1.56%	2.52%	9.44%	17.14%
Revenue Q/Q Growth	-24.64%	-14.40%	-5.44%	2.29%	-5.93%	-9.80%	19.50%	8.91%	-9.56%	-7.97%
EBITDA Q/Q Growth	-38.96%	-17.31%	-10.56%	21.60%	-3.58%	-12.71%	5.89%	26.58%	-7.58%	-29.56%
EBIT Q/Q Growth	-46.70%	-27.10%	-16.85%	34.39%	-5.95%	-19.36%	3.53%	42.71%	-12.13%	-46.80%
NOPAT Q/Q Growth	-44.69%	-25.61%	-14.22%	24.26%	-7.13%	-18.91%	26.15%	18.79%	-11.24%	-49.99%
Net Income Q/Q Growth	-49.52%	-31.69%	-24.91%	40.38%	-6.63%	-22.08%	13.88%	36.45%	-14.66%	-64.38%
EPS Q/Q Growth	-49.27%	-31.69%	-21.97%	43.70%	-6.70%	-22.08%	13.57%	35.85%	-16.67%	-75.00%
Operating Cash Flow Q/Q Growth	59.77%	16.99%	-100.52%	18,973.79%	-35.59%	-0.55%	-69.37%	290.84%	-62.52%	99.20%
Free Cash Flow Firm Q/Q Growth	14.73%	46.16%	46.34%	135.41%	-25.19%	500.24%	-92.13%	-70.26%	-3,478.50%	-107.37%
Invested Capital Q/Q Growth	-2.97%	-0.82%	8.44%	-3.69%	-2.65%	-8.58%	18.48%	-2.77%	3.92%	-2.15%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.26%	21.12%	21.58%	22.81%	22.99%	22.90%	21.95%	22.75%	23.11%	22.13%
EBITDA Margin	11.38%	10.99%	10.19%	12.12%	12.42%	12.02%	10.68%	12.41%	12.68%	9.71%
Operating Margin	8.34%	7.10%	6.25%	8.21%	8.21%	7.34%	6.36%	8.33%	8.09%	4.68%
EBIT Margin	8.34%	7.10%	6.25%	8.21%	8.21%	7.34%	6.36%	8.33%	8.09%	4.68%
Profit (Net Income) Margin	5.29%	4.22%	3.35%	4.60%	4.57%	3.94%	3.76%	4.71%	4.44%	1.72%
Tax Burden Percent	75.94%	77.48%	79.93%	73.90%	72.98%	73.38%	89.40%	74.42%	75.17%	70.65%
Interest Burden Percent	83.50%	76.68%	67.13%	75.84%	76.25%	73.27%	66.15%	75.98%	73.06%	52.04%
Effective Tax Rate	24.06%	22.52%	20.07%	26.10%	27.02%	26.62%	10.60%	25.58%	24.83%	29.35%
Return on Invested Capital (ROIC)	16.22%	12.96%	9.56%	10.21%	9.71%	8.73%	8.22%	9.52%	9.41%	5.49%
ROIC Less NNEP Spread (ROIC-NNEP)	15.22%	11.95%	8.53%	9.22%	8.73%	7.75%	6.94%	8.35%	8.23%	4.33%
Return on Net Nonoperating Assets (RNNOA)	21.62%	16.82%	13.82%	13.24%	11.08%	8.81%	9.63%	10.32%	9.75%	4.58%
Return on Equity (ROE)	37.83%	29.78%	23.38%	23.45%	20.79%	17.54%	17.85%	19.84%	19.16%	10.07%
Cash Return on Invested Capital (CROIC)	-5.36%	4.30%	5.37%	9.17%	8.29%	16.40%	6.79%	6.43%	0.03%	-6.84%
Operating Return on Assets (OROA)	16.12%	12.77%	9.58%	11.13%	10.76%	9.52%	7.61%	10.49%	10.23%	6.23%
Return on Assets (ROA)	10.22%	7.59%	5.14%	6.24%	5.99%	5.12%	4.50%	5.93%	5.62%	2.29%
Return on Common Equity (ROCE)	37.83%	29.78%	23.38%	23.45%	20.79%	17.54%	17.85%	19.84%	19.16%	10.07%
Return on Equity Simple (ROE_SIMPLE)	36.87%	0.00%	25.33%	17.20%	14.76%	0.00%	13.96%	13.96%	13.69%	0.00%
Net Operating Profit after Tax (NOPAT)	70	52	45	56	52	42	53	63	56	28
NOPAT Margin	6.33%	5.50%	4.99%	6.07%	5.99%	5.38%	5.68%	6.20%	6.08%	3.31%
Net Nonoperating Expense Percent (NNEP)	1.00%	1.01%	1.03%	0.99%	0.98%	0.99%	1.28%	1.17%	1.18%	1.17%
Return On Investment Capital (ROIC_SIMPLE)	-	2.34%	-	-	-	2.03%	-	-	-	1.14%
Cost of Revenue to Revenue	78.74%	78.88%	78.42%	77.19%	77.01%	77.10%	78.06%	77.25%	76.89%	77.87%
SG&A Expenses to Revenue	7.64%	8.04%	9.15%	8.53%	8.18%	8.65%	9.13%	8.22%	8.24%	9.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.92%	14.02%	15.33%	14.60%	14.78%	15.56%	15.59%	14.42%	15.02%	17.45%
Earnings before Interest and Taxes (EBIT)	93	68	56	76	71	57	59	85	74	40
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	127	105	92	112	108	94	100	126	117	82
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.01	1.37	1.55	1.75	1.58	2.08	2.51	2.21	2.82	2.46
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.19	0.27	0.34	0.45	0.45	0.63	0.76	0.68	0.87	0.75
Price to Earnings (P/E)	2.74	3.99	6.11	10.18	10.73	15.20	18.00	15.86	20.58	20.09
Dividend Yield	3.16%	2.49%	2.82%	2.15%	2.45%	1.94%	1.68%	1.93%	1.55%	0.00%
Earnings Yield	36.51%	25.04%	16.38%	9.82%	9.32%	6.58%	5.55%	6.31%	4.86%	4.98%
Enterprise Value to Invested Capital (EV/IC)	1.00	1.16	1.22	1.32	1.27	1.55	1.66	1.56	1.83	1.68
Enterprise Value to Revenue (EV/Rev)	0.44	0.53	0.66	0.79	0.78	0.92	1.15	1.03	1.24	1.09
Enterprise Value to EBITDA (EV/EBITDA)	3.44	4.08	5.57	7.10	6.91	7.81	9.80	8.67	10.36	9.50
Enterprise Value to EBIT (EV/EBIT)	4.29	5.18	7.51	10.49	10.56	12.24	15.36	13.60	16.39	15.75
Enterprise Value to NOPAT (EV/NOPAT)	5.67	6.88	9.97	13.72	13.94	16.39	20.02	17.72	21.19	20.32
Enterprise Value to Operating Cash Flow (EV/OCF)	6.71	6.25	6.76	5.94	6.00	7.80	9.09	9.20	13.33	12.43
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	28.82	23.56	14.48	15.35	9.09	24.58	24.59	7,074.20	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.42	1.34	1.51	1.35	1.20	0.98	1.32	1.20	1.23	1.17
Long-Term Debt to Equity	1.41	1.34	1.50	1.35	1.19	0.97	1.32	1.19	1.22	1.16
Financial Leverage	1.42	1.41	1.62	1.44	1.27	1.14	1.39	1.24	1.18	1.06
Leverage Ratio	3.21	3.15	3.27	3.02	2.81	2.67	2.88	2.72	2.67	2.57
Compound Leverage Factor	2.68	2.42	2.20	2.29	2.14	1.96	1.91	2.07	1.95	1.34
Debt to Total Capital	58.62%	57.34%	60.15%	57.53%	54.56%	49.53%	56.94%	54.55%	55.15%	53.87%
Short-Term Debt to Total Capital	0.33%	0.34%	0.31%	0.32%	0.33%	0.36%	0.31%	0.31%	0.45%	0.26%
Long-Term Debt to Total Capital	58.29%	57.00%	59.84%	57.21%	54.23%	49.17%	56.63%	54.24%	54.71%	53.62%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	41.38%	42.66%	39.85%	42.47%	45.44%	50.47%	43.06%	45.45%	44.85%	46.13%
Debt to EBITDA	2.06	2.03	2.78	3.13	3.00	2.51	3.39	3.09	3.18	3.08
Net Debt to EBITDA	1.98	2.00	2.72	3.05	2.96	2.49	3.35	2.98	3.06	3.00
Long-Term Debt to EBITDA	2.05	2.02	2.77	3.11	2.98	2.50	3.37	3.07	3.16	3.07
Debt to NOPAT	3.39	3.43	4.98	6.05	6.05	5.28	6.93	6.31	6.51	6.59
Net Debt to NOPAT	3.25	3.37	4.87	5.90	5.97	5.22	6.84	6.09	6.27	6.42
Long-Term Debt to NOPAT	3.37	3.41	4.95	6.01	6.01	5.24	6.89	6.27	6.46	6.56
Altman Z-Score	2.79	2.88	2.78	2.79	2.71	2.95	2.62	2.67	2.83	2.77
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.54	2.48	2.87	2.72	2.42	2.38	2.38	2.29	2.41	2.33
Quick Ratio	0.78	0.53	0.86	0.78	0.77	0.57	0.82	0.79	0.81	0.60
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-432	-232	-125	44	33	198	16	4.64	-157	-325
Operating Cash Flow to CapEx	826.09%	1,118.40%	-4.71%	1,150.18%	1,077.13%	1,030.81%	229.49%	918.44%	291.55%	405.75%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.93	1.80	1.53	1.36	1.31	1.30	1.20	1.26	1.26	1.33
Accounts Receivable Turnover	17.55	28.28	14.53	13.82	13.82	20.60	13.09	15.68	14.71	21.73
Inventory Turnover	6.54	5.96	5.25	4.70	4.53	4.56	4.74	5.25	5.31	5.42
Fixed Asset Turnover	15.56	14.57	13.03	11.05	10.37	9.85	9.66	9.84	10.03	10.06
Accounts Payable Turnover	19.57	22.06	17.85	17.40	16.82	18.95	15.66	16.52	16.73	17.54
Days Sales Outstanding (DSO)	20.80	12.91	25.11	26.41	26.41	17.72	27.87	23.28	24.81	16.80
Days Inventory Outstanding (DIO)	55.77	61.23	69.58	77.59	80.59	80.04	77.01	69.46	68.72	67.29
Days Payable Outstanding (DPO)	18.65	16.54	20.44	20.97	21.69	19.26	23.31	22.10	21.82	20.81
Cash Conversion Cycle (CCC)	57.92	57.59	74.25	83.02	85.31	78.50	81.57	70.64	71.71	63.27
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,234	2,216	2,403	2,315	2,253	2,060	2,441	2,373	2,466	2,413
Invested Capital Turnover	2.56	2.35	1.92	1.68	1.62	1.62	1.45	1.53	1.55	1.66
Increase / (Decrease) in Invested Capital	502	285	170	12	19	-156	37	58	213	353
Enterprise Value (EV)	2,244	2,572	2,934	3,064	2,855	3,186	4,043	3,706	4,519	4,064
Market Capitalization	956	1,311	1,500	1,747	1,633	2,172	2,661	2,432	3,183	2,780
Book Value per Share	$41.40	$42.15	$43.26	$44.68	$46.43	$47.23	$47.29	$49.04	$50.42	$50.37
Tangible Book Value per Share	($14.28)	($17.40)	($16.24)	($14.95)	($12.46)	($10.99)	($24.39)	($21.66)	($22.27)	($21.06)
Total Capital	2,288	2,239	2,434	2,348	2,270	2,071	2,458	2,417	2,518	2,446
Total Debt	1,341	1,284	1,464	1,351	1,238	1,026	1,400	1,318	1,389	1,318
Total Long-Term Debt	1,333	1,276	1,457	1,343	1,231	1,018	1,392	1,311	1,378	1,312
Net Debt	1,288	1,261	1,433	1,317	1,222	1,014	1,382	1,274	1,336	1,284
Capital Expenditures (CapEx)	19	16	20	16	11	11	15	15	18	25
Debt-free, Cash-free Net Working Capital (DFCFNWC)	626	527	599	500	466	422	489	444	492	442
Debt-free Net Working Capital (DFNWC)	679	550	629	534	483	434	506	488	545	475
Net Working Capital (NWC)	672	543	622	527	475	426	499	480	534	469
Net Nonoperating Expense (NNE)	12	12	15	13	12	11	18	15	15	13
Net Nonoperating Obligations (NNO)	1,288	1,261	1,433	1,317	1,222	1,014	1,382	1,274	1,336	1,284
Total Depreciation and Amortization (D&A)	34	37	36	36	36	37	40	41	42	43
Debt-free, Cash-free Net Working Capital to Revenue	12.32%	10.80%	13.48%	12.88%	12.82%	12.17%	13.96%	12.34%	13.49%	11.89%
Debt-free Net Working Capital to Revenue	13.37%	11.27%	14.17%	13.75%	13.27%	12.50%	14.46%	13.56%	14.93%	12.79%
Net Working Capital to Revenue	13.23%	11.12%	14.01%	13.56%	13.07%	12.29%	14.25%	13.35%	14.62%	12.62%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.66	$0.81	$1.40	$1.97	$1.84	$0.63	$1.62	$2.20	$1.88	$0.45
Adjusted Weighted Average Basic Shares Outstanding	22.09M	49.82M	21.59M	21.52M	21.51M	48.42M	21.65M	21.72M	21.74M	32.57M
Adjusted Diluted Earnings per Share	$2.43	$0.81	$1.35	$1.94	$1.81	$0.63	$1.59	$2.16	$1.80	$0.45
Adjusted Weighted Average Diluted Shares Outstanding	24.41M	55.06M	22.51M	21.79M	21.88M	49.56M	22.08M	22.17M	22.64M	33.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.81	$0.00	$0.00	$0.00	$0.63	$0.00	$0.00	$0.00	$0.45
Adjusted Weighted Average Basic & Diluted Shares Outstanding	22.66M	33.63M	22.32M	22.21M	22.13M	33.57M	22.40M	22.40M	22.40M	33.64M
Normalized Net Operating Profit after Tax (NOPAT)	70	52	45	56	52	42	53	63	56	28
Normalized NOPAT Margin	6.33%	5.50%	4.99%	6.07%	5.99%	5.38%	5.68%	6.20%	6.08%	3.31%
Pre Tax Income Margin	6.97%	5.45%	4.19%	6.23%	6.26%	5.38%	4.20%	6.33%	5.91%	2.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	8.75%	10.02%	14.38%	21.98%	26.35%	29.49%	30.03%	30.44%	31.65%	36.26%
Augmented Payout Ratio	27.08%	33.51%	37.18%	50.26%	54.17%	42.65%	40.28%	35.03%	35.90%	39.63%

Frequently Asked Questions About Patrick Industries' Financials

When does Patrick Industries's fiscal year end?

According to the most recent income statement we have on file, Patrick Industries' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Patrick Industries' net income changed over the last 9 years?

Patrick Industries' net income appears to be on an upward trend, with a most recent value of $138.40 million in 2024, rising from $42.22 million in 2015. The previous period was $142.90 million in 2023.

What is Patrick Industries's operating income?

Patrick Industries's total operating income in 2024 was $258.04 million, based on the following breakdown:

Total Gross Profit: $835.89 million
Total Operating Expenses: $577.85 million

How has Patrick Industries revenue changed over the last 9 years?

Over the last 9 years, Patrick Industries' total revenue changed from $920.33 million in 2015 to $3.72 billion in 2024, a change of 303.7%.

How much debt does Patrick Industries have?

Patrick Industries' total liabilities were at $1.89 billion at the end of 2024, a 24.7% increase from 2023, and a 648.1% increase since 2015.

How much cash does Patrick Industries have?

In the past 9 years, Patrick Industries' cash and equivalents has ranged from $87 thousand in 2015 to $139.39 million in 2019, and is currently $33.56 million as of their latest financial filing in 2024.

How has Patrick Industries' book value per share changed over the last 9 years?

Over the last 9 years, Patrick Industries' book value per share changed from 8.27 in 2015 to 50.37 in 2024, a change of 509.3%.

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This page (NASDAQ:PATK) was last updated on 4/16/2025 by MarketBeat.com Staff

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Patrick Industries (PATK) Financials

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Patrick Industries (PATK) Financials

Annual Income Statements for Patrick Industries

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