Patrick Industries Inc income statement
In fiscal 2025, Patrick Industries Inc reported revenue of $3.95bn, up 6.3% on the year before, operating income of $276m (a 7.0% margin) and net income of $135m, or $3.90 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 | 8 | 29 | 595 | 736 | 920 | 1,222 | 1,636 | 2,263 | 2,337 | 2,487 | 4,078 | 4,882 | 3,468 | 3,716 | 3,951 | 3,939 |
| Cost of revenue | — | — | — | — | — | — | 1,019 | 1,357 | 1,847 | 1,914 | 2,028 | 3,277 | 3,822 | 2,686 | 2,880 | 3,038 | 3,031 |
| Gross profit | 30 | 44 | 66 | 91 | 119 | 152 | 202 | 279 | 416 | 423 | 459 | 801 | 1,060 | 782 | 836 | 913 | 908 |
| Selling, general and administrative | 14 | 17 | 22 | 28 | 36 | 46 | 62 | 91 | 128 | 134 | 146 | 254 | 328 | 299 | 326 | 362 | 364 |
| Operating income | 6 | 13 | 27 | 41 | 51 | 70 | 91 | 122 | 178 | 154 | 173 | 352 | 496 | 260 | 258 | 276 | 265 |
| Interest expense | 6 | 4 | 4 | 2 | 2 | 4 | — | — | — | — | — | — | — | — | — | — | — |
| Income before tax | — | — | 21 | 39 | 49 | 66 | 84 | 113 | 152 | 118 | 130 | 294 | 435 | 191 | 179 | 177 | 192 |
| Income tax | −0 | −0 | −7 | 15 | 18 | 23 | 28 | 27 | 32 | 28 | 33 | 69 | 107 | 48 | 40 | 42 | 44 |
| Net income | 1 | 8 | 28 | 24 | 31 | 42 | 56 | 86 | 120 | 90 | 97 | 225 | 328 | 143 | 138 | 135 | 147 |
| Diluted EPS | $0.04 | $0.25 | $0.78 | $0.66 | $0.85 | $1.21 | $1.62 | $2.32 | $3.29 | $2.57 | $2.80 | $6.42 | $8.99 | $4.33 | $4.11 | $3.90 | $4.20 |
| Diluted shares (average) | 33m | 34m | 36m | 36m | 36m | 35m | 34m | 37m | 36m | 35m | 35m | 35m | 37m | 33m | 34m | 35m | 35m |
| EBITDA | 11 | 18 | 33 | 48 | 62 | 87 | 115 | 155 | 233 | 217 | 247 | 457 | 627 | 405 | 425 | 446 | 436 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 919 | 846 | 1,003 | 1,048 | 976 | 924 | 997 | 1,042 |
| Cost of revenue | 707 | 659 | 775 | 797 | 755 | 711 | 770 | 794 |
| Gross profit | 213 | 187 | 229 | 251 | 221 | 213 | 227 | 248 |
| Selling, general and administrative | 76 | 81 | 94 | 93 | 86 | 88 | 93 | 96 |
| Operating income | 74 | 40 | 66 | 87 | 66 | 57 | 65 | 77 |
| Income before tax | 54 | 21 | 46 | 43 | 48 | 39 | 46 | 58 |
| Income tax | 14 | 6 | 8 | 11 | 13 | 10 | 7 | 15 |
| Net income | 41 | 15 | 38 | 32 | 35 | 29 | 39 | 43 |
| Diluted EPS | $1.20 | $0.41 | $1.11 | $0.96 | $1.01 | $0.82 | $1.10 | $1.28 |
| EBITDA | 117 | 82 | 108 | 129 | 108 | 100 | 107 | 120 |
Compare with peers
- LCI Industries income statement
- Visteon Corp income statement
- Garrett Motion Inc. income statement
- Phinia Inc. income statement
- Cooper-standard Holdings Inc. income statement
Head to head: LCII vs PATKPATK vs VCGTX vs PATKPATK vs PHIN
More: Automotive Parts & Equipment stocks compared, Consumer Discretionary sector, rankings of US companies