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	Mar 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,786	3,716	3,468	4,882	4,078	2,487
Revenue Growth (YoY)	8.12%	7.14%	-28.96%	19.71%	64.00%	6.40%
Cost of Revenue	2,926	2,880	2,686	3,822	3,277	2,028
Gross Profit	859.63	835.89	782.23	1,060	801.19	459.02
Selling, General & Admin	497.39	481.58	443.34	490.54	393.15	244.78
Operating Expenses	595.36	577.85	522.03	563.77	449.48	285.64
Operating Income	264.27	258.04	260.2	496.17	351.71	173.37
Interest Expense	-78.49	-79.47	-68.94	-60.76	-57.89	-43
Pretax Income	185.78	178.57	191.26	435.41	293.82	130.37
Income Tax Expense	44.23	40.17	48.36	107.21	68.91	33.31
Net Income	141.55	138.4	142.9	328.2	224.92	97.06
Net Income to Common	141.55	138.4	142.9	328.2	224.92	97.06
Net Income Growth	-4.24%	-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)	3.49%	2.00%	-9.99%	4.78%	1.16%	-0.83%
EPS (Basic)	4.34	4.25	4.43	9.88	6.58	2.85
EPS (Diluted)	4.16	4.11	4.33	8.99	6.42	2.80
EPS Growth	-7.45%	-5.08%	-51.85%	40.09%	129.29%	9.09%
Free Cash Flow	251.38	251.16	349.69	331.86	187.33	128.05
Free Cash Flow Per Share	7.39	7.45	10.58	9.04	5.35	3.70
Dividend Per Share	1.533	1.500	1.267	0.960	0.780	0.687
Dividend Growth	14.99%	18.42%	31.95%	23.08%	13.59%	311.94%
Gross Margin	22.71%	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	3.74%	3.72%	4.12%	6.72%	5.51%	3.90%
Free Cash Flow Margin	6.64%	6.76%	10.08%	6.80%	4.59%	5.15%
EBITDA	433.12	424.59	404.74	626.93	456.52	246.64
EBITDA Margin	11.44%	11.43%	11.67%	12.84%	11.19%	9.92%
D&A For EBITDA	168.86	166.55	144.54	130.76	104.81	73.27
EBIT	264.27	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	23.81%	22.50%	25.29%	24.62%	23.45%	25.55%

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q