15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.7% per year over the past 5 years.
Net income has grown slower than revenue (6.8% vs 9.7% per year).
Operating margin has been roughly flat, at 7.0% in the latest year.
Free cash flow has grown 14.0% per year over the past 5 years.
Financial health
Total debt ($1.3B) exceeds cash ($26M); net debt is $1.3B.
Total debt has grown in line with revenue (9.1% vs 9.7% per year).
Total debt is 2.9× EBITDA.
Shareholder returns
Dividends have been paid for 7 consecutive years, consuming 40.9% of earnings and 22.4% of free cash flow.
The dividend has grown 18.5% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$4.0B
$135M
23.1%
7.0%
$246M
$1.3B
$26M
2024
$3.7B
$138M
22.5%
6.9%
$251M
$1.3B
$34M
2023
$3.5B
$143M
22.6%
7.5%
$350M
$1.0B
$11M
2022
$4.9B
$328M
21.7%
10.2%
$332M
$1.3B
$23M
2021
$4.1B
$225M
19.6%
8.6%
$187M
$1.4B
$123M
2020
$2.5B
$97M
18.5%
7.0%
$128M
$840M
$45M
2019
$2.3B
$90M
18.1%
6.6%
$165M
$705M
$139M
2018
$2.3B
$120M
18.4%
7.9%
$166M
$661M
$7M
2017
$1.6B
$86M
17.1%
7.5%
$77M
$354M
$3M
2016
$1.2B
$56M
16.6%
7.4%
$82M
$273M
$6M
2015
—
$42M
—
—
$59M
$204M
$87000
2014
—
$31M
—
—
$40M
$101M
$123000
2013
—
$24M
—
—
$14M
$55M
$34000
2012
—
$28M
—
—
$13M
$50M
$434000
2011
—
$8M
—
—
$9M
$33M
$550000
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$997M
$39M
22.8%
6.5%
-$33M
$1.4B
$37M
Dec '25
$924M
$29M
23.0%
6.2%
$113M
$1.3B
$26M
Sep '25
$976M
$35M
22.6%
6.8%
-$17M
$1.3B
$21M
Jun '25
$1.0B
$32M
23.9%
8.3%
$131M
$1.3B
$22M
Mar '25
$1.0B
$38M
22.8%
6.5%
$20M
$1.4B
$87M
Dec '24
$846M
$15M
22.1%
4.7%
$77M
$1.3B
$34M
Sep '24
$919M
$41M
23.1%
8.1%
$34M
$1.4B
$53M
Jun '24
$1.0B
$48M
22.8%
8.3%
$121M
$1.3B
$44M
Mar '24
$933M
$35M
21.9%
6.4%
$20M
$1.4B
$18M
Dec '23
$781M
$31M
22.9%
7.3%
$103M
$1.0B
$11M
Oct '23
$866M
$40M
23.0%
8.2%
$105M
$1.1B
$16M
Jul '23
$921M
$42M
22.8%
8.2%
$163M
$1.2B
$34M
Apr '23
$900M
$30M
21.6%
6.2%
-$21M
$1.3B
$31M
Dec '22
$952M
$40M
21.1%
7.1%
$165M
$1.3B
$23M
Sep '22
$1.1B
$59M
21.3%
8.3%
$137M
$1.3B
$53M
Jun '22
$1.5B
$117M
22.2%
11.8%
$72M
$1.5B
$77M
Mar '22
$1.3B
$113M
22.0%
12.1%
-$42M
$1.5B
$64M
Dec '21
$1.1B
$61M
19.8%
8.3%
$84M
$1.4B
$123M
Sep '21
$1.1B
$57M
19.6%
8.8%
$51M
$1.1B
$45M
Jun '21
$1.0B
$59M
20.0%
9.3%
$16M
$1.1B
$58M
Valuation over time
How the market has priced PATK against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 6.9× (Mar '23) to 22.6× (Jun '26).
The price-to-sales ratio has risen from 0.5× (Mar '23) to 0.8× (Jun '26).
The dividend yield has risen from 1.5% (Mar '23) to 1.8% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is PATK growing its revenue and profit?
Over the past 5 years, Patrick Industries Inc's revenue has grown 9.7% per year, and net income grown 6.8% per year. These are computed facts, not advice.
How much debt does PATK have?
As of FY2025, Patrick Industries Inc reported $1.3B of total debt against $26M of cash.
What is PATK's profit margin?
In FY2025, gross margin was 23.1%, operating margin 7.0%, and net margin 3.4%.
What is PATK's P/E ratio?
As of Jun '26, Patrick Industries Inc traded at a price-to-earnings ratio of about 22.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.