Patrick Industries manufactures and distributes building products and materials for the recreational vehicle, manufactured housing, and industrial markets. Its Manufacturing segment manufactures and fabricates decorative vinyl and paper laminated panels, aluminum products, solid surface, granite, and quartz countertops, hardwood furniture, fiberglass and plastic component products, simulated wood and stone products and others. It also offers custom fabrication, edge-banding, drilling, boring, and cut-to-size services. The Company's Distribution segment distributes pre-finished wall and ceiling panels, electronics, wiring products, electrical and plumbing products, cement siding products, fiber reinforced polyester products, interior passage doors, roofing products, laminate and ceramic flooring products, furniture, fireplaces and surrounds, interior and exterior lighting products, and others.

Employee Rating

3.5More
TypePublic
HQElkhart, US
Founded1959
Size (employees)4,497 (est)
Websitepatrickind.com
Patrick Industries was founded in 1959 and is headquartered in Elkhart, US
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Patrick Industries Office Locations

Patrick Industries has an office in Elkhart
Elkhart, US (HQ)
107 W. Franklin St., P.O. Box 638
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Patrick Industries Financials and Metrics

Patrick Industries Revenue

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Patrick Industries's revenue was reported to be $1.22 b in FY, 2016 which is a 32.8% increase from the previous period.
USD

Revenue (Q3, 2018)

579.4m

Net income (Q3, 2018)

28.4m

Market capitalization (17-Jan-2019)

896.4m

Closing stock price (17-Jan-2019)

37.3

Cash (30-Sep-2018)

306.0k

EV

903.6m
Patrick Industries's current market capitalization is $896.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

594.9m735.7m920.3m1.2b

Revenue growth, %

24%25%33%

Cost of goods sold

503.9m617.2m768.1m1.0b

Gross profit

91.0m118.5m152.3m202.5m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2019Q3, 2018

Revenue

233.5m214.8m278.6m315.2m304.2m345.4m407.1m407.5m632.2m579.4m

Cost of goods sold

193.1m179.8m233.3m259.9m255.3m287.9m335.6m338.3m

Gross profit

40.4m35.0m45.4m55.3m48.9m57.5m71.5m69.2m

Gross profit Margin, %

17%16%16%18%16%17%18%17%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017

Cash

60.0k2.0m550.0k434.0k34.0k34.0k123.0k87.0k87.0k6.4m2.8m

Accounts Receivable

38.2m38.2m38.5m77.8m

Inventories

56.5m89.5m89.5m120.0m175.3m

Current Assets

87.7m139.7m139.7m172.8m274.0m
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

42.2m55.6m85.7m

Depreciation and Amortization

16.8m24.4m33.5m

Inventories

3.0m(12.5m)(35.3m)

Accounts Payable

(9.5m)12.8m30.3m
Quarterly
USDY, 2018

EV/CFO

7.1 x

EV/FCF

8.9 x

Financial Leverage

2.9 x
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Patrick Industries Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Metal Moulding Corp.February 20, 2018$22 m
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Patrick Industries Online and Social Media Presence

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Patrick Industries News and Updates

Patrick Industries, Inc. Reports Second Quarter and Six Months 2018 Financial Results

ELKHART, Ind., July 26, 2018 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of component and building products for the recreational vehicle ("RV"), marine, manufactured housing ("MH"), and industrial markets, today reported its financial...
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Patrick Industries Company Life and Culture

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Patrick Industries Frequently Asked Questions

  • When was Patrick Industries founded?

    Patrick Industries was founded in 1959.

  • How many employees does Patrick Industries have?

    Patrick Industries has 4,497 employees.

  • What is Patrick Industries revenue?

    Latest Patrick Industries annual revenue is $1.2 b.

  • What is Patrick Industries revenue per employee?

    Latest Patrick Industries revenue per employee is $271.7 k.

  • Who are Patrick Industries competitors?

    Competitors of Patrick Industries include HRG Group, Carruth Brothers Lumber and Austin Hardwoods of Denver.

  • Where is Patrick Industries headquarters?

    Patrick Industries headquarters is located at 107 W. Franklin St., P.O. Box 638, Elkhart.

  • Where are Patrick Industries offices?

    Patrick Industries has an office in Elkhart.

  • How many offices does Patrick Industries have?

    Patrick Industries has 1 office.