Patrick Industries, Inc. (PATK)

Patrick Industries Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 29, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,817	3,716	3,468	4,882	4,078	2,487
Revenue Growth (YoY)	6.09%	7.14%	-28.96%	19.71%	64.00%	6.40%
Cost of Revenue	2,938	2,880	2,686	3,822	3,277	2,028
Gross Profit	878.96	835.89	782.23	1,060	801.19	459.02
Selling, General & Admin	514.35	481.58	443.34	490.54	393.15	244.78
Operating Expenses	612.66	577.85	522.03	563.77	449.48	285.64
Operating Income	266.3	258.04	260.2	496.17	351.71	173.37
Interest Expense	-77.02	-79.47	-68.94	-60.76	-57.89	-43
Pretax Income	164.86	178.57	191.26	435.41	293.82	130.37
Income Tax Expense	38.76	40.17	48.36	107.21	68.91	33.31
Net Income	126.1	138.4	142.9	328.2	224.92	97.06
Net Income to Common	126.1	138.4	142.9	328.2	224.92	97.06
Net Income Growth	-17.77%	-3.15%	-56.46%	45.92%	131.72%	8.37%
Shares Outstanding (Basic)	33	33	32	33	34	34
Shares Outstanding (Diluted)	34	34	33	37	35	35
Shares Change (YoY)	3.47%	2.00%	-9.99%	4.78%	1.16%	-0.83%
EPS (Basic)	3.87	4.25	4.43	9.88	6.58	2.85
EPS (Diluted)	3.69	4.11	4.33	8.99	6.42	2.80
EPS Growth	-20.48%	-5.08%	-51.85%	40.09%	129.29%	9.09%
Free Cash Flow	261.93	251.16	349.69	331.86	187.33	128.05
Free Cash Flow Per Share	7.67	7.45	10.58	9.04	5.35	3.70
Dividend Per Share	1.567	1.500	1.267	0.960	0.780	0.687
Dividend Growth	11.91%	18.42%	31.95%	23.08%	13.59%	311.94%
Gross Margin	23.03%	22.50%	22.55%	21.71%	19.65%	18.46%
Operating Margin	6.98%	6.94%	7.50%	10.16%	8.62%	6.97%
Profit Margin	3.30%	3.72%	4.12%	6.72%	5.51%	3.90%
Free Cash Flow Margin	6.86%	6.76%	10.08%	6.80%	4.59%	5.15%
EBITDA	436.28	424.59	404.74	626.93	456.52	246.64
EBITDA Margin	11.43%	11.43%	11.67%	12.84%	11.19%	9.92%
D&A For EBITDA	169.98	166.55	144.54	130.76	104.81	73.27
EBIT	266.3	258.04	260.2	496.17	351.71	173.37
EBIT Margin	6.98%	6.94%	7.50%	10.16%	8.62%	6.97%
Effective Tax Rate	23.51%	22.50%	25.29%	24.62%	23.45%	25.55%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q