Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Patrick Industries, Inc.

PATKNASDAQ
Wall Street Score · overall investment33/100
$75.18USD+$5.25 (+7.51%)
Company website www.patrickind.com
Headquarters107 West Franklin Street, Elkhart, IN, 46515-0638, US
Financial statement currencyUSD · no FX conversion applied
Consumer Cyclical · Furnishings, Fixtures & Appliances
Price from Oct 30, 2026Financials updated Oct 12, 2026

PATK · Price history

Price at last available close

$75.18

+$7.40 (+10.92%) 1M

2026-10-29

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Company & revenue

About Patrick Industries, Inc.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company's operational footprint covers the United States, China, and Canada, executed through its distinct Manufacturing and Distribution divisions. Within its Manufacturing segment, the company produces a comprehensive range of specialized parts and finished goods.

How they make money

Patrick Industries operates as a manufacturer and distributor of component solutions for the RV, marine, powersports, manufactured housing, and industrial markets. The company generates revenue by producing and supplying a wide range of building products and materials, leveraging a strategy of strategic acquisitions and operational integration to serve original equipment manufacturers and aftermarket customers.

Products & services

Manufactures and distributes components including cabinetry, countertops, wall panels, flooring, lighting, furniture, and various interior and exterior building products for recreational vehicles, marine vessels, and housing.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Recreational Vehicle OEMsSource
  • Marine ManufacturersSource
  • Manufactured Housing ManufacturersSource
  • Industrial and Housing Market ParticipantsSource

Customer concentration

The company serves approximately 4,500 active customers as of December 31, 2025, with no single customer accounting for a majority of total sales.

Suppliers, materials & equipment

  • Raw material and component suppliers — The company sources various raw materials and finished components from a diverse base of suppliers to support its manufacturing and distribution operations.Source

Strengths

  • Strategic geographic proximity to customer manufacturing facilitiesSource
  • Diversified end-market presence across RV, marine, and housing sectorsSource

Risks

  • Cyclical nature of the RV and marine industriesSource
  • Dependence on consumer discretionary spending and interest rate environmentsSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

33

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

45

Weak

Financial Strength

45

Business Quality / Moat

36

Management

64

Growth Quality

27

Risk / Durability

61

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

36

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

43/100

Building Historical Record

Model Score 43/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Insider activity signal is favorable
  • •Recent buyback activity is present
What to watch
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for PATK

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •What is driving PATK's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
  • •Is PATK's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is PATK's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What future growth or profitability would be needed to justify PATK's current valuation?
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

33

0–100 · Poor

Opportunity Score

36

0–100 · Weak

Market Cap

$2.41B

P/E Ratio

14.1

EPS

$4.56

52-Week High

$148.50

52-Week Low

$63.00

Beta

1.15

Intrinsic Value

$38.76

Analyst Target

$112.00

Shares Outstanding

34.6M

Total Revenue

$3.94B

Total Debt

$1.65B

Dividend Yield (TTM)

2.50%

View dividend history

Liquidation Value / Share

$32.66

Estimated net asset value per share

Dividend / Share (TTM)

$1.88

Trailing 12 months by ex-date; not a forecast

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
71/ 100
+19 pts / 5d

Building upward momentum

5D +7.0% · 20D +13.0% · RSI 74 · Price vs 20D avg +11.5%
Volatility
44/ 100
+12 pts / 5d

Normal movement

20D realized vol 46.7% · 60D 37.7% · Acceleration 1.24x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for PATK

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on PATK.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Strategic geographic proximity to customer manufacturing facilities.
  • +Diversified end-market presence across RV, marine, and housing sectors.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Furnishings, Fixtures & Appliances industry.
  • −Cyclical nature of the RV and marine industries.
  • −Dependence on consumer discretionary spending and interest rate environments.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak33/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

33

Tap for breakdown →

Weak

45

Debt Cost4.5%
Debt Reduction YoY-7.8%
Debt / Equity1.39x

Tap for breakdown →

Poor

33

Revenue YoY-0.3%
Revenue CAGR6.7%
Net Margin3.7%

Tap for breakdown →

Weak

46

Asset Growth YoY1.8%
Liquidation/Share$32.66
Net Assets/MCap0.74x

Tap for breakdown →

Fair

50

Earnings Yield7.0%
Buyback Yield1.6%
Debt Cost4.5%

Tap for breakdown →

Fair

64

ROIC7.6%
ROE13.0%
ROA4.6%

Tap for breakdown →

Poor

36

EPS Growth-6.3%
FCF/Share Growth-2.1%
Rev/Share Growth0.3%

Tap for breakdown →

Poor

26

Intrinsic Value$38.76
Value Reference$23.26
MOS-80.4%

Tap for breakdown →

Weak

42

Revenue33
Moat36
Valuation26

Tap for breakdown →

Poor

0

MOS %-80.4%
Value Reference$23.26
Deep Discount Reference$15.50

Tap for breakdown →

Poor

14

Interest Coverage3.7x
ROIC7.6%
FCF Yield11.5%

Tap for breakdown →

Poor

27

Financial14
Valuation26
Debt45

Tap for breakdown →

Weak

43

Survival Years0.2 yrs
Current Ratio2.51x
FCF Margin6.1%

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Score Changes

3 historical score records available

Previous Score

32

Oct 1, 2026

Change

+0.4

points

Current Score

33

Oct 12, 2026

Category Changes

Revenue+1.0
Debt0
Assets+0.9
Capital+3.0
Management0
Moat0
Valuation0
Buffett+0.4

PATK increased 0.4 points because Capital improved by 3 points.

Positive Contributors

  • + Capital improved by 3 points

Projected Score

Projected Score

35

Projected Change

+2.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 2.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Overvalued

Current Price

$75.18

Model Intrinsic Value

$38.76

Difference

+$36.42

+94.0% vs IV

Margin of Safety

-94.0%

UndervaluedFair ValueOvervalued
Value Reference: $23.26
Deep Discount Reference: $15.50

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$1.5B$3.0B$4.5B$6.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$150M$300M$450M$600M

Total Debt

201520172019202120232025$0$450M$900M$1.4B$1.8B

Total Assets

201520172019202120232025$0$800M$1.6B$2.4B$3.2B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$3.94B$3.95B$3.72B$3.47B····························
Cost of Revenue$3.03B$3.04B$2.88B$2.69B····························
Gross Profit$908.1M$912.9M$835.9M$782.2M····························
Research & Development$0.00$0.00$0.00$0.00····························
SG&A Expenses$545.9M$539.6M$481.6M$443.3M····························
Operating Expenses$642.6M$636.9M$577.9M$522.0M····························
EBITDA$436.2M$421.8M$424.6M$404.7M····························
Operating Income$265.5M$276.0M$258.0M$260.2M····························
Interest Expense$73.9M$74.5M$79.5M$68.9M····························
Income Before Tax$191.6M$177.1M$178.6M$191.3M····························
Income Tax Expense$44.3M$42.0M$40.2M$48.4M····························
Net Income$147.3M$135.1M$138.4M$142.9M····························
Basic EPS$4.56$4.16$4.25$6.65····························
Basic Shares32.20M32.49M32.57M22.00M····························
Diluted Shares34.99M34.64M33.70M22.02M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 28, 2026Q2FY2026

Revenue

$1.04B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

$1.27

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

+12.5%

Cash Change

+32.7%

Margin Change

+1.1 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew

What Weakened

  • Debt increased

Potential Score Impact

Positive indicators included EPS growth, cash levels, net income margin. Pressure indicators included revenue growth, debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 0.6%. EPS increased 32.3%. Cash increased 32.7%. Total debt increased 12.5%. Net income margin improved by 1.1 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 123 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 12, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 12, 260255075100

Intrinsic Value

Jul 24, 26Oct 1, 26Oct 12, 26$35.15$36.10$37.05$38.00$38.95

Value Reference

Jul 24, 26Oct 1, 26Oct 12, 26$21.00$21.60$22.20$22.80$23.40

Margin of Safety %

Jul 24, 26Oct 1, 26Oct 12, 26-1.0%-0.9%-0.8%-0.7%-0.6%

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News

Rumor Mill · PATK

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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