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Patrick Industries PATK Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

Thor Industries logo
Thor IndustriesTHO
$19.19M
LCI Industries logo
LCI IndustriesLCII
-$8.09M-39.5%
Cavco Industries logo
Cavco IndustriesCVCO
-$5.08M-88.4%
Boise Cascade logo
Boise CascadeBCC
$3.24M-14.4%
Pool Corporation logo
Pool CorporationPOOL
-$13.83M+27.4%
Powell Industries logo
Powell IndustriesPOWL

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×
Current ratio2.7×+0.3×

Where this comes from

Reported directly by Patrick Industries in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
Patrick Industries (PATK) reported increase (decrease) in prepaid expense and other assets of -$443K in Q1 2026.
How has Patrick Industries's increase (decrease) in prepaid expense and other assets changed year-over-year?
Patrick Industries's increase (decrease) in prepaid expense and other assets increased by 96.7% year-over-year, from -$13.37M to -$443K.
What is the long-term trend for Patrick Industries's increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2024), Patrick Industries's increase (decrease) in prepaid expense and other assets has grown at a -23.8% compound annual growth rate (CAGR), from $13.11M to $7.61M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.