Patrick Industries Inc balance sheet

At the end of fiscal 2025, Patrick Industries Inc had total assets of $3.08bn, total liabilities of $1.89bn and shareholders' equity of $1.18bn. It held $26.4m in cash against $1.30bn of debt: net debt of $1.27bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Patrick Industries Inc: balance sheet, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Cash and equivalents	2	1	0	0	0	0	6	3	7	139	45	123	23	11	34	26	29
Receivables	10	14	18	23	33	38	38	78	82	88	133	172	173	164	178	185	277
Inventory	23	28	47	57	71	89	120	175	273	254	313	614	668	510	552	595	653
Total current assets	37	44	74	88	115	134	173	274	385	517	528	974	910	735	823	873	1,022
Goodwill	3	4	10	16	32	69	110	208	282	319	396	551	629	637	797	840	840
Total assets	75	86	143	174	256	382	535	867	1,231	1,471	1,753	2,651	2,782	2,562	3,021	3,076	3,211
Accounts payable	8	11	17	19	30	29	47	84	90	96	106	204	143	141	188	192	224
Total current liabilities	50	20	29	32	45	58	86	136	158	187	227	433	367	308	354	348	383
Short-term debt	17	1	0	—	0	11	16	16	9	5	8	8	8	8	6	6	6
Long-term debt	0	32	50	55	101	193	257	338	622	670	811	1,279	1,276	1,018	1,312	1,283	1,412
Total debt	36	33	50	55	101	204	273	354	661	705	840	1,361	1,298	1,038	1,332	1,301	1,429
Total liabilities	57	57	82	92	153	253	350	496	822	974	1,194	1,883	1,827	1,517	1,893	1,892	2,080
Shareholders' equity	18	29	61	82	103	129	185	371	409	497	559	768	955	1,045	1,128	1,184	1,131
Net debt (negative = net cash)	34	32	49	55	101	204	267	352	654	566	795	1,238	1,276	1,027	1,299	1,274	1,400
Shares outstanding	—	—	—	—	—	—	—	—	—	—	—	—	—	33m	34m	33m	32m

US$ millions unless shown otherwise. Fiscal quarters.

Patrick Industries Inc: balance sheet, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Receivables	255	178	289	270	278	185	285	277
Inventory	545	552	554	555	600	595	626	653
Total current assets	913	823	976	900	952	873	1,015	1,022
Goodwill	789	797	802	802	815	840	840	840
Total assets	3,123	3,021	3,187	3,079	3,147	3,076	3,218	3,211
Accounts payable	189	188	223	285	222	192	218	224
Total current liabilities	379	354	405	460	408	348	374	383
Short-term debt	11	6	6	6	6	6	6	6
Long-term debt	1,378	1,312	1,422	1,266	1,320	1,283	1,378	1,412
Total debt	1,389	1,318	1,429	1,273	1,327	1,289	1,385	1,419
Total liabilities	1,993	1,893	2,046	1,936	1,979	1,892	2,030	2,080
Shareholders' equity	1,129	1,128	1,141	1,143	1,169	1,184	1,188	1,131
Shares outstanding	22m	34m	34m	33m	33m	33m	33m	32m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Patrick Industries Inc's SEC filings (10-K and 10-Q), retrieved October 26, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Patrick Industries Inc.