What is Patrick Industries's current ratio?

Patrick Industries (PATK) reported current ratio of 2.7× in Q1 2026.

How has Patrick Industries's current ratio changed year-over-year?

Patrick Industries's current ratio increased by 12.6% year-over-year, from 2.4× to 2.7×.

What is the long-term trend for Patrick Industries's current ratio?

Over 5 years (2020 to 2025), Patrick Industries's current ratio has grown at a 1.5% compound annual growth rate (CAGR), from 2.3× to 2.5×.

What does current ratio mean?

Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

Patrick Industries PATK Current ratio

Current ratio at other companies

Thor IndustriesTHO

1.7×0.0×

LCI IndustriesLCII

2.9×-0.1×

Genuine PartsGPC

1.1×-0.1×

Cavco IndustriesCVCO

2.5×-0.5×

MascoMAS

1.8×0.0×

Builders FirstSourceBLDR

1.8×-0.1×

Other financials

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

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Market cap$2.87B+29.3%

Enterprise value$4.44B+19.5%

P/E21×+5.4×

P/S0.7×+0.1×

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×

Where this comes from

Calculated from Patrick Industries’s reported figures.

total current assets/total current liabilities=2.7×

Based on the most recent quarter.

The official record: Patrick Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patrick Industries's current ratio?: Patrick Industries (PATK) reported current ratio of 2.7× in Q1 2026.
How has Patrick Industries's current ratio changed year-over-year?: Patrick Industries's current ratio increased by 12.6% year-over-year, from 2.4× to 2.7×.
What is the long-term trend for Patrick Industries's current ratio?: Over 5 years (2020 to 2025), Patrick Industries's current ratio has grown at a 1.5% compound annual growth rate (CAGR), from 2.3× to 2.5×.
What does current ratio mean?: Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.