Patrick Industries, Inc. (PATK)
Market Cap | 3.34B |
Revenue (ttm) | 3.79B |
Net Income (ttm) | 141.55M |
Shares Out | 33.43M |
EPS (ttm) | 4.16 |
PE Ratio | 24.03 |
Forward PE | 22.96 |
Dividend | $1.60 (1.64%) |
Ex-Dividend Date | May 27, 2025 |
Volume | 231,986 |
Open | 98.26 |
Previous Close | 97.58 |
Day's Range | 97.25 - 100.12 |
52-Week Range | 72.99 - 102.84 |
Beta | 1.20 |
Analysts | Buy |
Price Target | 101.63 (+1.56%) |
Earnings Date | Jul 31, 2025 |
About PATK
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, 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 ... [Read more]
Financial Performance
In 2024, Patrick Industries's revenue was $3.72 billion, an increase of 7.14% compared to the previous year's $3.47 billion. Earnings were $138.40 million, a decrease of -3.15%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for PATK stock is "Buy." The 12-month stock price target is $101.63, which is an increase of 1.56% from the latest price.
News

Next Generation TMS Direct Replacement Aftermarket Motorcycle Speakers by Rockford Fosgate®, Now Shipping
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the leader in high-performance audio systems, is now shipping the next generation of TMS direct replacement mot...

Next Generation Stage-2, Stage-3 and Saddlebag Aftermarket Motorcycle Audio Kits by Rockford Fosgate®, Now Shipping
TEMPE, Ariz. , July 25, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, proudly introduces the next generation of motorcycle aud...

Next Generation Stage-6 Aftermarket RZR Audio Kit by Rockford Fosgate®, Now Shipping.
TEMPE, Ariz. , July 21, 2025 /PRNewswire/ -- Rockford Fosgate, the leader in high-performance audio systems, is now shipping the next-generation Stage-6 aftermarket RZR Audio Kit, engineered to delive...

Rockford Fosgate Welcomes Josh Berry as Regional Sales Manager, OEM Marine
TEMPE, Ariz. , July 18, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is thrilled to announce the appointment of Josh Berry as...

Patrick Industries, Inc. Announces Second Quarter 2025 Earnings Release and Conference Call Webcast on July 31, 2025
ELKHART, Ind , July 17, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its second quarter and six months 2025 financial ...

Patrick Industries, Inc. to Participate in Upcoming CJS Conference
ELKHART, Ind. , July 1, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets...

Patrick Industries, Inc. to Participate in Upcoming Baird Conference
ELKHART, Ind. , May 27, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets...

Patrick Industries Welcomes Back Jake Petkovich as President - Marine; Rick Reyenger Transitions to Strategic Advisory Role
ELKHART, Ind. , May 19, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets...

Patrick Industries, Inc. Declares Quarterly Cash Dividend
ELKHART, Ind. , May 16, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) today announced that on May 15, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on it...

Patrick Industries: A Long-Term Play After Its Pullback
Buying during tough times can yield strong long-term returns; Patrick Industries, despite recent challenges, remains a solid 'buy' candidate for long-term investors. Patrick Industries has shown stron...

Patrick Industries, Inc. (PATK) Q1 2025 Earnings Call Transcript
Patrick Industries, Inc. (NASDAQ:PATK) Q1 2025 Results Conference Call May 1, 2025 10:00 AM ET Company Participants Steve O'Hara - VP of Investor Relations Andy Nemeth - Chief Executive Officer Jeffr...

Patrick Industries, Inc. Reports First Quarter 2025 Financial Results
First Quarter 2025 Highlights (compared to First Quarter 2024 unless otherwise noted) Net sales increased 7% to $1.0 billion, driven by revenue growth of 14% and 7% in the Company's RV and Housing mar...

Patrick Industries, Inc. Announces First Quarter 2025 Earnings Release and Conference Call Webcast on May 1, 2025
ELKHART, Ind. , April 17, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its first quarter 2025 financial results before...

Patrick Industries, Inc. to Participate in Upcoming Investor Conferences
ELKHART, Ind. , Feb. 27, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing market...

Rockford Fosgate Introduces the Ultimate Rear Subwoofer Kit for Polaris RZR vehicles
TEMPE, Ariz. , Feb. 24, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is excited to announce the newest addition to its high-p...

Patrick Industries, Inc. Completes Acquisition of Medallion Instrumentation Systems, LLC
ELKHART, Ind. , Feb. 24, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Spring Lake, Michigan-based ...

Patrick Industries, Inc. (PATK) Q4 2024 Earnings Call Transcript
Patrick Industries, Inc. (NASDAQ:PATK) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Steve O'Hara - VP, IR Andy Nemeth - CEO Jeffrey Rodino - President Andrew Roe...

Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Declares Quarterly Cash Dividend
Fourth Quarter and Full Year 2024 Highlights (compared to Fourth Quarter and Full Year 2023 unless otherwise noted) Net sales for the fourth quarter and full year increased 8% to $846 million and 7% t...

Introducing the new M2 Element Ready™ Subwoofers from Rockford Fosgate
TEMPE, Ariz. , Feb. 4, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is excited to announce the new M2 Element Ready™ Subwoofe...

Patrick Industries, Inc. Completes Acquisition of Elkhart Composites, Inc.
ELKHART, Ind. , Feb. 3, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Elkhart, Indiana-based Elkhar...

Introducing the New Harley-Davidson® Audio Powered by Rockford Fosgate® Stage III Audio Systems
TEMPE, Ariz. , Jan. 24, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is excited to introduce the 2025 lineup of Harley-Davids...

Patrick Industries, Inc. Announces Fourth Quarter 2024 Earnings Release and Conference Call Webcast on February 6, 2025
ELKHART, Ind. , Jan. 23, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that it will release its fourth quarter and twelve months 2024 financ...

Patrick Industries: Staying Bullish On Valuation And Growth Prospects
Patrick Industries remains a 'buy' due to attractive pricing, solid growth, and strategic acquisitions despite recent RV and marine market challenges. Q3 2024 revenue grew 6.2% year-over-year, driven ...

Patrick Industries to Participate in Upcoming CJS Conference
ELKHART, Ind. , Jan. 7, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets...

Patrick Industries to Participate in Upcoming Truist Conference
ELKHART, Ind. , Dec. 5, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets...