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Patrick Industries PATK Distribution — Adjustments to preliminary purchase price allocations

Other segment segments

Manufacturing
-$3.44M-7,267%

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Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$247.6M-1.2%
Operating income$77.0M-11.2%
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:GoodwillPurchaseAccountingAdjustments.

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
($ in thousands)ManufacturingDistributionTotal
Balance at December 31, 2025$722,030$118,071$840,101
Acquisitions3072,7483,055
Adjustments to preliminary purchase price allocations(3,440)(3,440)
Balance at June 28, 2026$718,897$120,819$839,716

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Patrick Industries's distribution — adjustments to preliminary purchase price allocations?
Patrick Industries (PATK) reported distribution — adjustments to preliminary purchase price allocations of $0 in Q2 2026.
What does distribution — adjustments to preliminary purchase price allocations mean?
Represents revisions to the initial valuation of assets and liabilities acquired in business combinations within the distribution segment. These adjustments occur as management refines its assessment of fair values during the measurement period following an acquisition.

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