OverviewSuggest Edit

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.

TypePublic
Founded1959
HQElkhart, IN, US
Websitepatrickind.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)7,500(-7%)
Job Openings52
Revenue (FY, 2020)$2.5 B(+7%)
Share Price (Sept 2021)$80.5(+2%)
Cybersecurity ratingBMore

Patrick Industries Office Locations

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

Patrick Industries Revenue

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Patrick Industries's revenue was reported to be $2.49 b in FY, 2020
USD

Revenue (FY, 2020)

2.5b

Gross profit (FY, 2020)

459.0m

Gross profit margin (FY, 2020), %

18.5%

Net income (FY, 2020)

97.1m

EBIT (FY, 2020)

173.4m

Market capitalization (15-Sept-2021)

1.9b

Closing stock price (15-Sept-2021)

80.5

Cash (31-Dec-2020)

44.8m

EV

2.8b
Patrick Industries's current market capitalization is $1.9 b.
Annual
USDY, 2009Y, 2010Y, 2011FY, 2011FY, 2012Y, 2012FY, 2013Y, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

60.0k2.0m550.0k550.0k434.0k434.0k34.0k34.0k123.0k123.0k87.0k87.0k6.4m2.8m6.9m139.4m44.8m

Accounts Receivable

14.2m17.9m22.6m32.6m38.2m38.2m38.5m77.8m82.5m87.5m132.5m

Prepaid Expenses

2.2m3.2m4.7m6.5m6.1m18.1m22.9m36.0m38.0m

Inventories

27.5m47.0m56.5m71.0m89.5m89.5m120.0m175.3m272.9m253.9m312.8m
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Patrick Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
Metal Moulding Corp.February 20, 2018$22 m

Patrick Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Patrick Industries Online and Social Media Presence

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Patrick Industries News and Updates

Patrick Industries, Inc. Announces Declaration of Quarterly Cash Dividend and Increased Share Repurchase Authorization

ELKHART, Ind., Aug. 13, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) (the "Company") announced that on August 12, 2021, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.28 per share. The dividend is payable on September 13,...

Patrick Industries, Inc. Announces Promotion of Jeffrey M. Rodino to President

ELKHART, Ind., July 13, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that Jeffrey M. Rodino has been appointed as President of the Company. Andy L. Nemeth will continue in his role as Chief Executive Officer. "Patrick continues...

Patrick Industries, Inc. Announces Second Quarter 2019 Earnings Release and Conference Call Webcast on July 25, 2019

ELKHART, Ind., July 11, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufactured housing and industrial markets, expects to release its second quarter and six...

Patrick Industries, Inc. Announces First Quarter 2019 Earnings Release and Conference Call Webcast on April 25, 2019

ELKHART, Ind., April 11, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufactured housing and industrial markets, expects to release its first quarter 2019...

Patrick Industries, Inc. Appoints Three New Members to its Board of Directors

ELKHART, Ind., March 25, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of component and building products for the recreational vehicle, marine, manufactured housing and industrial markets, announced today the appointment of Pamela Klyn, ...

Patrick Industries, Inc. Announces Fourth Quarter 2018 Earnings Release and Conference Call Webcast on February 14, 2019

ELKHART, Ind., Jan. 31, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufactured housing and industrial markets, expects to release its fourth quarter and...
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Patrick Industries Blogs

Patrick Industries, Inc. Completes Acquisition of Coyote Mfg. Co.

ELKHART, Ind. , Aug. 9, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Nashville, Georgia -based Coyote Mfg. Co. ("Coyote"), a leading designer, fabricator, and manufacturer of a variety of steel and

Patrick Industries, Inc. Reports Second Quarter 2021 Financial Results

Patrick Industries, Inc. Reports Second Quarter 2021 Financial Results Content Import Thu, 07/29/2021 - 08:05 Patrick Industries, Inc. Reports Second Quarter 2021 Financial Results July 29, 2021 at 8:00 AM EDT This release is a backfill from a News Wire …

Patrick Industries, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Webcast on July 29, 2021

Patrick Industries, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Webcast on July 29, 2021 Content Import Thu, 07/15/2021 - 17:10 Patrick Industries, Inc. Announces Second Quarter 2021 Earnings Release and Conference Call Webcast on July 29, 2021 Ju…

Patrick Industries, Inc. Completes Acquisition of Alpha Systems, LLC

ELKHART, Ind. , May 3, 2021 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Elkhart, Indiana -based Alpha Systems, LLC ("Alpha"), a leading manufacturer and distributor of component products and

Patrick Industries, Inc. Reports First Quarter 2021 Financial Results

First Quarter 2021 Highlights (all metrics compared to First Quarter 2020 unless otherwise noted) - Net sales of $850.5 million increased 44%, driven by strong demand across all market sectors - Operating income of $68.5 million increased 74% - Operating margin of 8.1% increased 140 basis points -

Patrick Industries, Inc. Announces Closing of $350 Million Senior Notes Offering and New Credit Facility

ELKHART, Ind. , April 20, 2021 /PRNewswire/ --  Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced the closing of its previously announced private offering of $350 million aggregate principal amount of its 4.75% senior notes due 2029 (the "Notes"), at an issue
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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 7,500 employees.

  • What is Patrick Industries revenue?

    Latest Patrick Industries annual revenue is $2.5 b.

  • What is Patrick Industries revenue per employee?

    Latest Patrick Industries revenue per employee is $331.5 k.

  • Who are Patrick Industries competitors?

    Competitors of Patrick Industries include Hasnaoui Group, Smartstorey and Wheeler's.

  • Where is Patrick Industries headquarters?

    Patrick Industries headquarters is located at 107 W Franklin St, 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.