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Patrick Industries

PATK

Patrick Industries is a leading component solutions provider for the recreational vehicle, marine, powersports, and manufactured housing markets.

Market cap
$2.81B-16.9%
Revenue$3.9B+4.2%
Net income$136.3M-3.7%
Free cash flow$210.8M-16.1%
EPS (diluted)$3.89-6.5%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (Tomorrow)
Revenue estimate$994.9M
EPS estimate$1.23

Financials

Q1 2026

Income statement

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Revenue$997.2M-0.6%
Gross profit$226.9M-0.8%
Operating income$64.7M-1.3%
Net income$39.5M+3.2%
EPS (diluted)$1.10-0.9%

Balance sheet

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Cash & equivalents$37.5M-56.7%
Total debt$1.6B-1.6%
Total equity$1.2B+4.1%
Total assets$3.2B+1.0%

Cash flow

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Operating cash flow-$14.0M-135%
CapEx$18.9M-6.2%
Free cash flow-$32.9M-265%

Valuation & ratios

Valuation

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Market cap$2.81B-16.9%
Enterprise value$4.38B-8.6%
P/E20.6×-5.9×
P/S0.7×-0.2×

Profitability

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Gross margin23.1%+0.4pp
Operating margin7%0.0pp
Net margin3.5%-0.3pp
FCF margin5.3%-1.3pp

Returns & leverage

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Return on equity11.7%-1.2pp
Debt / equity1.4×-0.1×
Current ratio2.7×+0.3×

Segments

By product

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Recreational Vehicle$446.5M-6.8%
Marine$169.9M+14.0%
Manufactured Housing$154.6M-10.8%
Industrial$122.6M+1.1%
Powersports$103.6M+28.0%

By segment

See full
Manufacturing$780.0M+3.4%
Distribution$222.6M-12.4%

Competitors

Profile

Patrick Industries is a leading component solutions provider for the recreational vehicle, marine, powersports, and manufactured housing markets. The company operates an extensive manufacturing and distribution network across North America, delivering a diverse portfolio of interior and exterior components to original equipment manufacturers. Its value proposition is centered on a full-solutions model that integrates design, engineering, and logistics to support customer innovation and supply chain efficiency.

Competitive position

A leading national provider with a significant market share in the RV and marine component sectors, characterized by a high-scale manufacturing and distribution footprint.

GeographiesUnited States, Canada, Mexico, China
Customer segmentsOriginal Equipment Manufacturers (OEMs), Residential Construction, Commercial and Institutional
Business modelManufacturing, Wholesale Distribution, B2B
SuppliersLumber and wood product suppliers, Aluminum and metal providers, Plastic resin and chemical manufacturers, Electronics and appliance manufacturers
CustomersRecreational vehicle manufacturers, Boat builders, Manufactured home builders, Residential and commercial contractors
Listed1972
Employees10.0K
CEOAndy L. Nemeth
FilingsSEC EDGAR

Questions, answered.

What is Patrick Industries's market cap?
Patrick Industries (PATK) has a market capitalization of $2.8B and trades on NASDAQ.
What is Patrick Industries's revenue and profitability?
Patrick Industries generated $3.9B in trailing twelve-month revenue with net income of $136.3M, representing a net margin of 3.5%. Gross margin stands at 23.1%, with free cash flow of $210.8M. These figures are based on the Q1 2026 filing.
Who are Patrick Industries's competitors?
Patrick Industries's key competitors include Lippert Components, Thor Industries, Inc., Winnebago Industries, Inc., and others. These companies compete in similar markets and product categories.
Who does Patrick Industries partner with?
Patrick Industries's notable partners include Kampgrounds of America, Inc., National Marine Manufacturers Association, Recreation Vehicle Industry Association.
What subsidiaries does Patrick Industries have?
Patrick Industries's subsidiaries include Indiana Transport.
Where is Patrick Industries headquartered?
Patrick Industries is headquartered in United States of America and employs approximately 10,000 people. It has been publicly traded since 1972.