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, US
Websitepatrickind.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)8,113(+21%)
Job Openings15
Revenue (FY, 2018)$2.3 B(+39%)
Share Price (Nov 2019)$49.9

Patrick Industries Office Locations

Patrick Industries has an office in Elkhart
Elkhart, 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 $2.26 b in FY, 2018
USD

Revenue (Q2, 2019)

613.2m

Gross profit (Q2, 2019)

112.7m

Gross profit margin (Q2, 2019), %

18.4%

Net income (Q2, 2019)

27.4m

EBIT (Q2, 2019)

45.2m

Market capitalization (15-Nov-2019)

1.2b

Closing stock price (15-Nov-2019)

49.9

Cash (30-Jun-2019)

23.6m

EV

1.7b
Patrick Industries's current market capitalization is $1.2 b.
Annual
usdY, 2009Y, 2010Y, 2011FY, 2011FY, 2012Y, 2012FY, 2013Y, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017FY, 2018

Cash

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

Accounts Receivable

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

Prepaid Expenses

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

Inventories

27.5m47.0m56.5m71.0m89.5m89.5m120.0m175.3m272.9m
USDY, 2019

EV/EBIT

38.5 x

EV/CFO

18.6 x

Debt/Equity

1.3 x

Debt/Assets

0.4 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

Patrick Industries Online and Social Media Presence

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Patrick Industries News and Updates

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...

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...

Patrick Industries Blogs

Patrick Industries, Inc. Announces Andy Nemeth to Succeed Todd Cleveland as Chief Executive Officer

ELKHART, Ind. , Nov. 18, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) announced today that Andy L. Nemeth , President will succeed Todd M. Cleveland as Chief Executive Officer effective January 1, 2020 in accordance with the Company's executive succession plan.  Mr.

Patrick Industries, Inc. Reports Third Quarter and Nine Months 2019 Financial Results

ELKHART, Ind. , Oct. 24, 2019 /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 results for

Patrick Industries, Inc. Announces Third Quarter 2019 Earnings Release and Conference Call Webcast on October 24, 2019

ELKHART, Ind. , Oct. 10, 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 third quarter and nine months

Patrick Industries, Inc. Completes Acquisition of G.G. Schmitt & Sons, Inc.

ELKHART, Ind. , Sept. 30, 2019 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of G.G. Schmitt & Sons, Inc. ("G.G. Schmitt"), a designer and manufacturer of customized hardware and structural components,

Patrick Industries, Inc. Reports Second Quarter and Six Months 2019 Financial Results

ELKHART, Ind. , July 25, 2019 /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 results for

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 8,113 employees.

  • What is Patrick Industries revenue?

    Latest Patrick Industries annual revenue is $2.3 b.

  • What is Patrick Industries revenue per employee?

    Latest Patrick Industries revenue per employee is $278.9 k.

  • Who are Patrick Industries competitors?

    Competitors of Patrick Industries include Bike Track, Byggma and Balco Group.

  • 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.