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Patrick Industries PATK Distribution — Cost of goods sold

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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:CostOfGoodsAndServicesSold.

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 distribution — cost of goods sold?
Patrick Industries (PATK) reported distribution — cost of goods sold of $166.45M in Q1 2026.
How has Patrick Industries's distribution — cost of goods sold changed year-over-year?
Patrick Industries's distribution — cost of goods sold decreased by 13.5% year-over-year, from $192.39M to $166.45M.
What is the long-term trend for Patrick Industries's distribution — cost of goods sold?
Over 3 years (2022 to 2025), Patrick Industries's distribution — cost of goods sold has grown at a -9.6% compound annual growth rate (CAGR), from $1.03B to $762.89M.
What does distribution — cost of goods sold mean?
The direct costs associated with the procurement, handling, and distribution of products sold by the segment. This includes the purchase price of materials and freight costs, serving as a primary indicator of the segment's direct operational efficiency.