Patrick Industries

Patrick Industries was founded in 1959 and is the leading manufacturer of building products and materials to the Manufactured Housing and Recreational Vehicle Industries in the United States. The Company also supplies many of its products to the Industrial market that include customers in the kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. In addition, Patrick Industries is an independent wholesale distributor for the Manufactured Housing and Recreational Vehicle Industries supplying pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, cabinet doors and cabinet components, cement siding, interior passage doors, furniture, roofing products, lighting, flooring, electrical, wiring, plumbing and other related products.

Type
Public
HQ
Elkhart, US
Founded
1959
Size (employees)
4,497 (est)+13%
Patrick Industries was founded in 1959 and is headquartered in Elkhart, US

Patrick Industries Office Locations

Patrick Industries has an office in Elkhart
Elkhart, US (HQ)
107 W Franklin St

Patrick Industries Metrics

Patrick Industries Financial Metrics

Revenue (2016)

$1.2 b

Revenue growth (2015-16), %

33%

Gross profit

$202.5 m

Gross profit margin (2016), %

17%

Net income (2016)

$55.6 m

Market capitalization (21-Mar-2017)

$1.1 b

Closing share price (21-Mar-2017)

$70.9

Cash (31-Dec-2016)

$6.4 m
Patrick Industries's current market capitalization is $1.1 b.
Patrick Industries's revenue was reported to be $1.2 b in FY, 2016 which is a 32.8% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$594.9 m$735.7 m$920.3 m$1.2 b

Revenue growth, %

24%25%33%

Cost of goods sold

$503.9 m$617.2 m$768.1 m$1 b

Gross profit

$91 m$118.5 m$152.3 m$202.5 m

Gross profit Margin, %

15%16%17%17%

Operating expense total

$50.1 m$67 m$82.4 m$111.6 m

EBIT

$40.9 m$51.5 m$69.9 m$90.8 m

EBIT margin, %

7%7%8%7%

Interest expense

$2.2 m$2.4 m$4.3 m$7.2 m

Interest income

$2.2 m$2.4 m$4.3 m$7.2 m

Pre tax profit

$38.8 m$49.1 m$65.6 m$83.7 m

Income tax expense

$14.7 m$18.4 m$23.4 m$28.1 m

Net Income

$24 m$30.7 m$42.2 m$55.6 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$60 k$2 m$550 k$434 k$34 k$123 k$87 k$6.4 m

Accounts Receivable

$38.2 m$38.5 m

Inventories

$89.5 m$120 m

Current Assets

$139.7 m$172.8 m

PP&E

$67.9 m$85.5 m

Goodwill

$68.6 m$109.9 m

Total Assets

$386 m$535 m

Accounts Payable

$28.7 m$46.8 m

Current Liabilities

$57.9 m$86.1 m

Additional Paid-in Capital

$8.3 m$8.2 m

Retained Earnings

$62.6 m$113.5 m

Total Equity

$128.6 m$185.4 m

Financial Leverage

3 x2.9 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$42.2 m$55.6 m

Depreciation and Amortization

$8.8 m$13.4 b

Accounts Receivable

Inventories

$3 m($12 m)

Accounts Payable

$12.8 m

Cash From Operating Activities

($400 k)$89 k$65.6 m$97.1 m

Capital Expenditures

($8 m)($15.4 m)

Cash From Investing Activities

($147.4 m)($154 m)

Free Cash Flow

$73.6 m$112.6 m

Patrick Industries Market Value History

Patrick Industries Online Presence

Patrick Industries News

Patrick Industries Company Life

You may also be interested in