Patrick Industries, Inc. (PATK)

Patrick Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	3,468	4,882	4,078	2,487	2,337
Revenue Growth (YoY)	-28.96%	19.71%	64.00%	6.40%	3.27%
Cost of Revenue	2,686	3,822	3,277	2,028	1,914
Gross Profit	782.23	1,060	801.19	459.02	422.87
Selling, General & Admin	443.34	490.54	393.15	244.78	232.52
Other Operating Expenses	78.69	73.23	56.33	40.87	35.91
Operating Expenses	522.03	563.77	449.48	285.64	268.43
Operating Income	260.2	496.17	351.71	173.37	154.44
Interest Expense / Income	68.94	60.76	57.89	43	36.62
Pretax Income	191.26	435.41	293.82	130.37	117.83
Income Tax	48.36	107.21	68.91	33.31	28.26
Net Income	142.9	328.2	224.92	97.06	89.57
Net Income Growth	-56.46%	45.92%	131.73%	8.37%	-25.26%
Shares Outstanding (Basic)	22	22	23	23	23
Shares Outstanding (Diluted)	22	24	23	23	23
Shares Change	-10.00%	4.78%	1.16%	-0.83%	-4.26%
EPS (Basic)	6.64	14.82	9.87	4.27	3.88
EPS (Diluted)	6.50	13.49	9.63	4.20	3.85
EPS Growth	-51.82%	40.08%	129.29%	9.09%	-21.91%
Free Cash Flow	351.05	339.48	187.52	128.26	169.15
Free Cash Flow Per Share	16.31	15.33	8.23	5.64	7.34
Dividend Per Share	1.900	1.440	1.170	1.030	0.250
Dividend Growth	31.94%	23.08%	13.59%	312.00%	-
Gross Margin	22.56%	21.71%	19.65%	18.46%	18.09%
Operating Margin	7.50%	10.16%	8.62%	6.97%	6.61%
Profit Margin	4.12%	6.72%	5.52%	3.90%	3.83%
Free Cash Flow Margin	10.12%	6.95%	4.60%	5.16%	7.24%
Effective Tax Rate	25.29%	24.62%	23.45%	25.55%	23.98%
EBITDA	404.74	626.93	456.52	246.64	217.24
EBITDA Margin	11.67%	12.84%	11.19%	9.92%	9.30%
Depreciation & Amortization	144.54	130.76	104.81	73.27	62.8
EBIT	260.2	496.17	351.71	173.37	154.44
EBIT Margin	7.50%	10.16%	8.62%	6.97%	6.61%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).