Patrick Industries, Inc. (PATK)

Patrick Industries Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,716	3,468	4,882	4,078	2,487
Revenue Growth (YoY)	7.14%	-28.96%	19.71%	64.00%	6.40%
Cost of Revenue	2,880	2,686	3,822	3,277	2,028
Gross Profit	835.89	782.23	1,060	801.19	459.02
Selling, General & Admin	481.58	443.34	490.54	393.15	244.78
Operating Expenses	577.85	522.03	563.77	449.48	285.64
Operating Income	258.04	260.2	496.17	351.71	173.37
Interest Expense	-79.47	-68.94	-60.76	-57.89	-43
Pretax Income	178.57	191.26	435.41	293.82	130.37
Income Tax Expense	40.17	48.36	107.21	68.91	33.31
Net Income	138.4	142.9	328.2	224.92	97.06
Net Income to Common	138.4	142.9	328.2	224.92	97.06
Net Income Growth	-3.15%	-56.46%	45.92%	131.73%	8.37%
Shares Outstanding (Basic)	33	32	33	34	34
Shares Outstanding (Diluted)	34	33	37	35	35
Shares Change (YoY)	2.00%	-10.00%	4.78%	1.16%	-0.83%
EPS (Basic)	4.25	4.43	9.88	6.58	2.85
EPS (Diluted)	4.11	4.33	8.99	6.42	2.80
EPS Growth	-5.09%	-51.85%	40.09%	129.29%	9.09%
Free Cash Flow	251.16	349.69	331.86	187.33	128.05
Free Cash Flow Per Share	7.45	10.58	9.04	5.35	3.70
Dividend Per Share	1.500	1.267	0.960	0.780	0.687
Dividend Growth	18.42%	31.95%	23.08%	13.59%	311.94%
Gross Margin	22.50%	22.56%	21.71%	19.65%	18.46%
Operating Margin	6.94%	7.50%	10.16%	8.62%	6.97%
Profit Margin	3.72%	4.12%	6.72%	5.52%	3.90%
Free Cash Flow Margin	6.76%	10.08%	6.80%	4.59%	5.15%
EBITDA	424.59	404.74	626.93	456.52	246.64
EBITDA Margin	11.43%	11.67%	12.84%	11.19%	9.92%
D&A For EBITDA	166.55	144.54	130.76	104.81	73.27
EBIT	258.04	260.2	496.17	351.71	173.37
EBIT Margin	6.94%	7.50%	10.16%	8.62%	6.97%
Effective Tax Rate	22.49%	25.29%	24.62%	23.45%	25.55%

Source: S&P Capital IQ. Standard template. Financial Sources.