PATK Financials Patrick Industries Inc

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 Aug 9, 2026, 10:19 UTC 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$4.0B	$135M	23.1%	7.0%	11.4%	4.4%	$246M	$1.3B	$26M
2024	$3.7B	$138M	22.5%	6.9%	12.3%	4.6%	$251M	$1.3B	$34M
2023	$3.5B	$143M	22.6%	7.5%	13.7%	5.6%	$350M	$1.0B	$11M
2022	$4.9B	$328M	21.7%	10.2%	34.4%	11.8%	$332M	$1.3B	$23M
2021	$4.1B	$225M	19.6%	8.6%	29.3%	8.5%	$187M	$1.4B	$123M
2020	$2.5B	$97M	18.5%	7.0%	17.3%	5.5%	$128M	$840M	$45M
2019	$2.3B	$90M	18.1%	6.6%	18.0%	6.1%	$165M	$705M	$139M
2018	$2.3B	$120M	18.4%	7.9%	29.3%	9.7%	$166M	$661M	$7M
2017	$1.6B	$86M	17.1%	7.5%	23.1%	9.9%	$77M	$354M	$3M
2016	$1.2B	$56M	16.6%	7.4%	30.0%	10.4%	$82M	$273M	$6M
2015	—	$42M	—	—	32.8%	11.1%	$59M	$204M	$87000
2014	—	$31M	—	—	29.8%	12.0%	$40M	$101M	$123000
2013	—	$24M	—	—	29.2%	13.8%	$14M	$55M	$34000
2012	—	$28M	—	—	45.8%	19.6%	$13M	$50M	$434000
2011	—	$8M	—	—	29.4%	9.9%	$9M	$33M	$550000

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.0B	$43M	23.8%	7.4%	3.8%	1.4%	$65M	$1.4B	$29M
Mar '26	$997M	$39M	22.8%	6.5%	3.3%	1.2%	-$33M	$1.4B	$37M
Dec '25	$924M	$29M	23.0%	6.2%	2.5%	0.9%	$113M	$1.3B	$26M
Sep '25	$976M	$35M	22.6%	6.8%	3.0%	1.1%	-$17M	$1.3B	$21M
Jun '25	$1.0B	$32M	23.9%	8.3%	2.8%	1.1%	$131M	$1.3B	$22M
Mar '25	$1.0B	$38M	22.8%	6.5%	3.4%	1.2%	$20M	$1.4B	$87M
Dec '24	$846M	$15M	22.1%	4.7%	1.3%	0.5%	$77M	$1.3B	$34M
Sep '24	$919M	$41M	23.1%	8.1%	3.6%	1.3%	$34M	$1.4B	$53M
Jun '24	$1.0B	$48M	22.8%	8.3%	4.4%	1.6%	$121M	$1.3B	$44M
Mar '24	$933M	$35M	21.9%	6.4%	3.3%	1.2%	$20M	$1.4B	$18M
Dec '23	$781M	$31M	22.9%	7.3%	2.9%	1.2%	$103M	$1.0B	$11M
Oct '23	$866M	$40M	23.0%	8.2%	3.8%	1.5%	$105M	$1.1B	$16M
Jul '23	$921M	$42M	22.8%	8.2%	4.2%	1.6%	$163M	$1.2B	$34M
Apr '23	$900M	$30M	21.6%	6.2%	3.1%	1.1%	-$21M	$1.3B	$31M
Dec '22	$952M	$40M	21.1%	7.1%	4.2%	1.4%	$165M	$1.3B	$23M
Sep '22	$1.1B	$59M	21.3%	8.3%	6.2%	2.0%	$137M	$1.3B	$53M
Jun '22	$1.5B	$117M	22.2%	11.8%	13.0%	3.9%	$72M	$1.5B	$77M
Mar '22	$1.3B	$113M	22.0%	12.1%	14.1%	3.8%	-$42M	$1.5B	$64M
Dec '21	$1.1B	$61M	19.8%	8.3%	7.9%	2.3%	$84M	$1.4B	$123M
Sep '21	$1.1B	$57M	19.6%	8.8%	8.3%	2.4%	$51M	$1.1B	$45M

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 4.5× (Mar '23) to 19.4× (Nov '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.7× (Nov '26).
The dividend yield has fallen from 2.2% (Mar '23) to 2.1% (Nov '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?

Patrick Industries Inc's P/E (TTM) is 17.82 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PATK stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 19.4× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.