Patrick Industries Financial Statements
NASDAQ: PATKConsumer DiscretionaryAuto Parts:O.E.M.USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Patrick Industries revenue and earnings
In fiscal 2025, Patrick Industries generated $3.95 billion in revenue, up 6.3% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $135.1 million (-2.4% year over year), for a net margin of 3.4% versus a median of 4.1% in the prior 5 years. Gross margin was 23.1% (up from 22.5%) and operating margin 7.0%.
Diluted earnings per share came in at $3.90, down from $4.11. Over the last 5 fiscal years, PATK's revenue has grown at a 9.7% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Patrick Industries income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.95B | 3.72B | 3.47B | 4.88B | 4.08B | 2.49B | 2.34B | 2.26B | 1.64B | 1.22B |
| Revenue growth (YoY) | +6.33% | +7.14% | -28.96% | +19.71% | +64.00% | +6.40% | +3.27% | +38.36% | +33.86% | +32.77% |
| Cost of Revenue | 3.04B | 2.88B | 2.69B | 3.82B | 3.28B | 2.03B | 1.91B | 1.85B | 1.36B | 1.02B |
| Gross Profit | 912.86M | 835.89M | 782.23M | 1.06B | 801.19M | 459.02M | 422.87M | 415.87M | 278.92M | 202.47M |
| Operating Expenses | 636.87M | 577.85M | 522.03M | 563.77M | 449.48M | 285.64M | 268.43M | 237.45M | 157.01M | 111.63M |
| Selling, General & Admin | 361.59M | 325.75M | 299.42M | 327.51M | 253.55M | 146.38M | 134.47M | 128.24M | 90.74M | 62.18M |
| Operating Income | 275.99M | 258.04M | 260.20M | 496.17M | 351.71M | 173.37M | 154.44M | 178.41M | 121.90M | 90.84M |
| Pretax Income | 177.06M | 178.57M | 191.26M | 435.41M | 293.82M | 130.37M | 117.83M | 151.98M | 113.11M | 83.65M |
| Income Tax | 42.01M | 40.17M | 48.36M | 107.21M | 68.91M | 33.31M | 28.26M | 32.15M | 27.39M | 28.07M |
| Net Income | 135.06M | 138.40M | 142.90M | 328.20M | 224.91M | 97.06M | 89.57M | 119.83M | 85.72M | 55.58M |
| Net Income growth (YoY) | -2.42% | -3.15% | -56.46% | +45.92% | +131.73% | +8.37% | -25.26% | +39.80% | +54.23% | +31.64% |
| EPS (Basic) | 4.16 | 4.25 | 4.43 | 9.88 | 9.87 | 4.27 | 3.88 | 4.99 | 3.54 | 2.47 |
| EPS (Diluted) | 3.90 | 4.11 | 4.33 | 8.99 | 9.63 | 4.20 | 3.85 | 4.93 | 3.48 | 2.43 |
| Shares Outstanding (Basic) | 32.49M | 32.57M | 32.28M | 33.21M | 22.78M | 22.73M | 23.06M | 24.00M | 24.23M | 22.52M |
| Shares Outstanding (Diluted) | 34.64M | 33.70M | 33.04M | 36.71M | 23.36M | 23.09M | 23.28M | 24.32M | 24.64M | 22.90M |
| EBITDA | 446.20M | 424.58M | 404.74M | 626.93M | 456.52M | 246.64M | 217.24M | 233.47M | 155.44M | 115.20M |
| Gross Margin | 23.11% | 22.50% | 22.56% | 21.71% | 19.65% | 18.46% | 18.09% | 18.38% | 17.05% | 16.57% |
| Operating Margin | 6.99% | 6.94% | 7.50% | 10.16% | 8.62% | 6.97% | 6.61% | 7.88% | 7.45% | 7.43% |
| Net Margin | 3.42% | 3.72% | 4.12% | 6.72% | 5.52% | 3.90% | 3.83% | 5.30% | 5.24% | 4.55% |
This table shows 10 annual periods of Patrick Industries's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PATK's reporting calendar. What is a income statement?