Patrick Industries (PATK) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.7B
Gross Profit
835.9M
22.50%
Operating Income
258.0M
6.94%
Net Income
138.4M
3.72%
EPS (Diluted)
$4.11
Balance Sheet Metrics
Total Assets
3.0B
Total Liabilities
1.9B
Shareholders Equity
1.1B
Debt to Equity
1.68
Cash Flow Metrics
Operating Cash Flow
332.1M
Free Cash Flow
223.3M
Revenue & Profitability Trend
Patrick Industries Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3.7B | 3.5B | 4.9B | 4.1B | 2.5B |
| Cost of Goods Sold | 2.9B | 2.7B | 3.8B | 3.3B | 2.0B |
| Gross Profit | 835.9M | 782.2M | 1.1B | 801.2M | 459.0M |
| Operating Expenses | 481.6M | 587.3M | 653.6M | 532.8M | 343.2M |
| Operating Income | 258.0M | 260.2M | 496.2M | 351.7M | 173.4M |
| Pre-tax Income | 178.6M | 191.3M | 435.4M | 293.8M | 130.4M |
| Income Tax | 40.2M | 48.4M | 107.2M | 68.9M | 33.3M |
| Net Income | 138.4M | 142.9M | 328.2M | 224.9M | 97.1M |
| EPS (Diluted) | $4.11 | $6.50 | $13.49 | $9.63 | $4.20 |
Income Statement Trend
Patrick Industries Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 822.6M | 734.6M | 909.9M | 974.1M | 528.1M |
| Non-Current Assets | 2.2B | 1.8B | 1.9B | 1.7B | 1.2B |
| Total Assets | 3.0B | 2.6B | 2.8B | 2.7B | 1.8B |
| Liabilities | |||||
| Current Liabilities | 353.6M | 308.5M | 367.2M | 432.8M | 227.4M |
| Non-Current Liabilities | 1.5B | 1.2B | 1.5B | 1.5B | 966.6M |
| Total Liabilities | 1.9B | 1.5B | 1.8B | 1.9B | 1.2B |
| Equity | |||||
| Total Shareholders Equity | 1.1B | 1.0B | 955.2M | 767.6M | 559.4M |
Balance Sheet Composition
Patrick Industries Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 138.4M | 142.9M | 328.2M | 224.9M | 97.1M |
| Operating Cash Flow | 332.1M | 412.0M | 397.2M | 264.7M | 162.5M |
| Investing Activities | |||||
| Capital Expenditures | -73.3M | -57.6M | -72.3M | -64.6M | 211.0K |
| Investing Cash Flow | -485.0M | -83.5M | -321.5M | -574.7M | -305.8M |
| Financing Activities | |||||
| Dividends Paid | -50.2M | -42.1M | -32.9M | -27.0M | -23.6M |
| Financing Cash Flow | 208.1M | -335.0M | -190.5M | 212.1M | 222.5M |
| Free Cash Flow | 223.3M | 346.6M | 331.6M | 185.3M | 128.1M |
Cash Flow Trend
Patrick Industries Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
21.90
Forward P/E
11.55
Price to Book
2.68
Price to Sales
0.80
PEG Ratio
11.55
Profitability Ratios
Profit Margin
3.74%
Operating Margin
6.53%
Return on Equity
12.87%
Return on Assets
5.31%
Financial Health
Current Ratio
2.41
Debt to Equity
142.99
Beta
1.20
Per Share Data
EPS (TTM)
$4.16
Book Value per Share
$34.03
Revenue per Share
$116.07
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| patk | 3.0B | 21.90 | 2.68 | 12.87% | 3.74% | 142.99 |
| SomniGroup | 13.8B | 42.39 | 5.03 | 17.90% | 5.14% | 252.30 |
| SharkNinja | 13.3B | 29.88 | 6.53 | 24.75% | 7.86% | 45.66 |
| Mohawk Industries | 6.4B | 13.45 | 0.82 | 6.26% | 4.54% | 35.47 |
| Whirlpool | 5.2B | 724.35 | 2.01 | 0.96% | 0.04% | 283.56 |
| Hni | 2.2B | 16.95 | 2.75 | 17.22% | 5.35% | 68.60 |
Financial data is updated regularly. All figures are in the company's reporting currency.