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	Sep 28, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,873	3,716	3,468	4,882	4,078	2,487
Revenue Growth (YoY)	6.08%	7.14%	-28.96%	19.71%	64.00%	6.40%
Cost of Revenue	2,985	2,880	2,686	3,822	3,277	2,028
Gross Profit	887.41	835.89	782.23	1,060	801.19	459.02
Selling, General & Admin	531.17	481.58	443.34	490.54	393.15	244.78
Amortization of Goodwill & Intangibles	98.07	96.28	78.69	73.23	56.33	40.87
Operating Expenses	629.24	577.85	522.03	563.77	449.48	285.64
Operating Income	258.18	258.04	260.2	496.17	351.71	173.37
Interest Expense	-75.42	-79.47	-68.94	-60.76	-57.89	-43
Pretax Income	158.34	178.57	191.26	435.41	293.82	130.37
Income Tax Expense	37.8	40.17	48.36	107.21	68.91	33.31
Net Income	120.54	138.4	142.9	328.2	224.92	97.06
Net Income to Common	120.54	138.4	142.9	328.2	224.92	97.06
Net Income Growth	-22.07%	-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)	3.44%	2.00%	-9.99%	4.78%	1.16%	-0.83%
EPS (Basic)	3.70	4.25	4.43	9.88	6.58	2.85
EPS (Diluted)	3.51	4.11	4.33	8.99	6.42	2.80
EPS Growth	-24.42%	-5.08%	-51.85%	40.09%	129.29%	9.09%
Free Cash Flow	211.06	251.16	349.69	331.86	187.33	128.05
Free Cash Flow Per Share	6.13	7.45	10.58	9.04	5.35	3.70
Dividend Per Share	1.600	1.500	1.267	0.960	0.780	0.687
Dividend Growth	9.09%	18.42%	31.95%	23.08%	13.59%	311.94%
Gross Margin	22.91%	22.50%	22.55%	21.71%	19.65%	18.46%
Operating Margin	6.67%	6.94%	7.50%	10.16%	8.62%	6.97%
Profit Margin	3.11%	3.72%	4.12%	6.72%	5.51%	3.90%
Free Cash Flow Margin	5.45%	6.76%	10.08%	6.80%	4.59%	5.15%
EBITDA	427.94	424.59	404.74	626.93	456.52	246.64
EBITDA Margin	11.05%	11.43%	11.67%	12.84%	11.19%	9.92%
D&A For EBITDA	169.77	166.55	144.54	130.76	104.81	73.27
EBIT	258.18	258.04	260.2	496.17	351.71	173.37
EBIT Margin	6.67%	6.94%	7.50%	10.16%	8.62%	6.97%
Effective Tax Rate	23.87%	22.50%	25.29%	24.62%	23.45%	25.55%

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q