profit from every $100 of sales.

Patrick Industries
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $19.19 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Patrick Industries sold, what it kept, and what it did with the cash.
Sales went from $4.88 billion in 2022 to $3.95 billion in 2025, with $135 million of profit last year.
Patrick Industries handed back 36% of the cash it generated last year.
Patrick Industries vs. similar companies
Patrick Industries grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Patrick Industries | 19.2× · Fair price | ||
Zhejiang Cfmoto Power Co.,Ltd | 28.8× · Fair price | ||
BRP | 22.0× · Fair price | ||
Polaris | No profit yet | ||
Trigano | 10.7× · Cheap |
AI analysis
An AI analyst reads Patrick Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 4,882 | 3,468 | 3,716 | 3,951 | |
| 1,060 | 782 | 836 | 913 | |
| 496 | 260 | 258 | 276 | |
| 627 | 405 | 425 | 422 | |
| 328 | 143 | 138 | 135 | |
| 8.99 | 4.33 | 4.11 | 3.90 | |
| 21.7% | 22.6% | 22.5% | 23.1% | |
| 10.2% | 7.5% | 6.9% | 7.0% | |
| 6.7% | 4.1% | 3.7% | 3.4% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,782 | 2,562 | 3,021 | 3,076 |
| Cash | 23 | 11 | 34 | 26 |
| Total debt | 1,450 | 1,207 | 1,523 | 1,493 |
| Total liabilities | 1,827 | 1,517 | 1,893 | 1,892 |
| 955 | 1,045 | 1,128 | 1,184 | |
| 37 | 33 | 34 | 35 | |
| 16.3% | 9.1% | 7.7% | 7.4% | |
| 34.4% | 13.7% | 12.3% | 11.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 412 | 409 | 327 | 329 | |
| 80 | 62 | 104 | 88 | |
| 332 | 347 | 223 | 242 | |
| Dividends paid | 33 | 42 | 50 | 55 |
| 77 | 19 | 5 | 32 | |
| 22 | 19 | 17 | 19 |
Valuation
- 19.2×
- 16.2×
- –
- 2.2×
- 0.7×
- 10.7×
- 9.6×
- 9.3%
- 5.2%
- 2.0%
Profitability
- 23.1%
- 7.0%
- 3.4%
- 10.7%
- 7.6%
- 10.4%
- 11.6%
- 4.2%
- 9.7%
- –
Growth
- −6.8%
- −24.3%
- −1.9%
- +19.5%
- −1.9%
Financial health
- 3.5×
- 1.26
- 7.1%
- 3.4×
- 2.51
- 1.04
- 1.23
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $126.50
- Range
- $108.00 – $150.00
- 10 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 1.10 | 1.08 | +1.9% |
| Feb 5, 2026 | 0.84 | 0.74 | +13.5% |
| Oct 30, 2025 | 1.01 | 0.95 | +6.3% |
| Jul 31, 2025 | 1.50 | 1.41 | +6.4% |
| May 1, 2025 | 1.11 | 0.98 | +13.3% |
| Feb 6, 2025 | 0.52 | 0.79 | −34.2% |
| Oct 31, 2024 | 1.20 | 1.22 | −1.6% |
| Aug 1, 2024 | 1.44 | 1.36 | +5.9% |
Paid per share, each year
$0.17 in 2019 → $1.67 in 2025
How safe it looks
40.9% of its profit
Room to growStretchedMore than it earns: 22.8%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Patrick Industries
Is Patrick Industries a good stock to buy?
A business with weak numbers at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Patrick Industries AI analysis
What does Patrick Industries do?
Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. It is in Recreational Vehicles, based in Elkhart, IN, United States, with 10,000 employees.
Does Patrick Industries pay a dividend?
Yes. At today's price the dividend is 2.0% a year, about 41% of its yearly profit. In 2025 it paid out $55.3 million in dividends.
Is Patrick Industries stock halal?
No. Patrick Industries does not pass our halal screen: its debt is 58% of its market value, at or above the 33% limit. How we check
How has Patrick Industries stock done over the past year?
Down 20.3% over the past twelve months, to $80.69. It traded between $63.31 and $145.75 and is 44.6% below its high.
Who are Patrick Industries's competitors?
The largest listed companies in the same industry are Zhejiang Cfmoto Power Co.,Ltd, BRP, Polaris and Trigano. The peers table on this page compares their profit, growth and price with Patrick Industries's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



