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Patrick Industries PATK Operating Income

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Segments

By segment

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Manufacturing$103.41M+0.3%
Distribution$21.61M-33.3%

Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$247.6M-1.2%
Net income$43.4M+33.9%
EPS (diluted)$1.28+33.3%

Balance sheet

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Cash & equivalents$29.2M+32.7%
Total debt$1.7B+12.5%
Total equity$1.1B-1.1%
Total assets$3.2B+4.3%

Cash flow

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Operating cash flow$82.9M-44.5%
CapEx$17.6M-3.5%
Free cash flow$65.3M-50.2%

Valuation

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Market cap$2.87B-16.3%
Enterprise value$4.49B-7.8%
P/E19.5×-7.7×
P/S0.7×-0.2×

Profitability

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Gross margin23.1%0.0pp
Operating margin6.7%-0.2pp
Net margin3.7%+0.4pp
FCF margin3.7%-3.2pp

Returns & leverage

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Return on equity13%+1.7pp
Debt / equity1.5×+0.2×
Current ratio2.7×+0.7×

Where this comes from

Reported directly by Patrick Industries in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Patrick Industries’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:12 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000076605-26-000075
($ and shares in thousands, except per share data)Three Months Ended / June 28, 2026Three Months Ended / June 29, 2025Six Months Ended / June 28, 2026Six Months Ended / June 29, 2025
Selling, general and administrative96,18893,206189,284187,137
Amortization of intangible assets23,74424,62947,75449,138
Total operating expenses170,540163,910332,678326,932
Operating income77,03586,722141,757152,291
Interest expense, net18,97818,86937,36637,981
Other expenses24,42024,420
Income before income taxes58,05743,433104,39189,890
Income taxes14,63610,99721,49019,216

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Patrick Industries's operating income?
Patrick Industries (PATK) reported operating income of $77.04M in Q2 2026.
How has Patrick Industries's operating income changed year-over-year?
Patrick Industries's operating income decreased by 11.2% year-over-year, from $86.72M to $77.04M.
What is the long-term trend for Patrick Industries's operating income?
Over 4 years (2021 to 2025), Patrick Industries's operating income has grown at a -5.9% compound annual growth rate (CAGR), from $351.71M to $275.99M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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