Patrick Industries, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 4.08B | 4.88B | 3.47B | 3.72B | 3.95B | 6.3% | |
| Cost of Revenue | (3.28B) | (3.82B) | (2.69B) | (2.88B) | (3.04B) | 5.5% | |
Gross Profit | 801.19M | 1.06B | 782.23M | 835.89M | 912.86M | 9.2% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (393.15M) | (490.54M) | (443.34M) | (481.57M) | (539.56M) | 12.0% | |
| General & Administrative | (253.55M) | (327.51M) | (299.42M) | (325.75M) | (361.59M) | 11.0% | |
| Selling & Marketing | (139.61M) | (163.03M) | (143.92M) | (155.82M) | (177.97M) | 14.2% | |
| Depreciation & Amortization | (104.81M) | (130.76M) | (144.54M) | (166.54M) | (170.21M) | 2.2% | |
Operating Income (EBIT) | 351.71M | 496.17M | 260.20M | 258.04M | 275.99M | 7.0% | |
| Non-Operating Items | |||||||
| Interest Income | — | — | — | — | — | — | |
| Interest Expense | (57.89M) | (60.76M) | (68.94M) | (79.47M) | (74.51M) | -6.2% | |
| Other Income/Expenses (Net) | -57.89M | -60.76M | -68.94M | -79.47M | -98.93M | 24.5% | |
Income Before Tax | 293.82M | 435.41M | 191.26M | 178.57M | 177.06M | -0.8% | |
| Income Tax Expense | (68.91M) | (107.21M) | (48.36M) | (40.17M) | (42.01M) | 4.6% | |
Net Income | 224.91M | 328.20M | 142.90M | 138.40M | 135.06M | -2.4% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $10 | $15 | $7 | $4 | $4 | -2.1% | |
| Weighted Avg Shares Outstanding | 23.36M | 21.93M | 22.00M | 32.57M | 32.49M | -0.2% | |
| Weighted Avg Shares Outstanding (Diluted) | 23.36M | 24.30M | 22.02M | 33.70M | 34.64M | 2.8% | |
EBITDA | 456.52M | 626.93M | 404.74M | 424.58M | 421.78M | -0.7% |
Explore PATK
PATK in the Consumer Cyclical
Mid Cap