PATRICK INDUSTRIES INC

PATK · Small cap · Calculated market cap · $2.2B · as of 2026-09-30

Company Stats

Market Cap: $2.2B; as of Sep 30, 2026
Enterprise Value: $3.5B
Shares Outstanding: 32.1M
Free Float: 77.3%

Income Statement

Revenue: $4.0B
Operating Income: $276.0M
Net Income: $135.1M
EBITDA: $446.2M
Revenue Growth, 3Y: -6.8%
FCF Margin, 3Y Avg: 7.7%
FCF Margin, Worst Year: 6.2%

Cash Flow

Free Cash Flow: $246.5M
FCF Yield: 11.3%
Owner FCF Yield: 10.4%

Balance Sheet

Cash & Equivalents: $26.4M
Total Debt: $1.3B
Net Debt: $1.3B
Net Debt / EBITDA: 2.86x
EV / EBITDA: 7.74x
Net Debt / EBIT: 4.62x

Returns & Capital

Dividends Paid: $55.3M
Dividend Yield: 2.5%
Dividend Payout, 3Y Avg: 35.6%
Share Repurchases: $32.0M
Buyback Yield, 3Y Avg: 0.8%
SBC, 3Y Avg: $18.4M

Cash Flow by Year

Year	Revenue	FCF	Margin
FY2025	$4.0B	$246.5M	6.2%
FY2024	$3.7B	$251.2M	6.8%
FY2023	$3.5B	$349.7M	10.1%
FY2022	$4.9B	$331.9M	6.8%
FY2021	$4.1B	$187.3M	4.6%

Annual filing data through FY ended December 31, 2025; shares and float as of October 18, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Company RSS

Earnings

Oct 31, 2026Patrick Industries Operating Margin Falls to 5.1%

Other Coverage

October 30, 2026 Deals

LCI to Combine With Patrick in All-Stock Merger October 14, 2026 Deal Scrutiny

DOJ extends review of Patrick’s all-stock LCI acquisition September 28, 2026 QBook

Stronger demand supports expansion as pricing diverges August 5, 2026 Deals

LCI Industries, Patrick Industries Agree to All-Stock Merger July 31, 2026 Deals

Patrick Signs Definitive All-Stock Merger With LCI

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