Patrick Industries, Inc. (PATK) — Financial statements
Income statement, balance sheet, and cash flow for Patrick Industries, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,951↑6.3% | 3,716↑7.1% | 3,468↓29.0% | 4,882↑19.7% | 4,078 | |
| Cost of Revenue | 3,038↑5.5% | 2,880↑7.2% | 2,686↓29.7% | 3,822↑16.6% | 3,277 | |
| Gross Profit | 913↑9.2% | 836↑6.9% | 782↓26.2% | 1,060↑32.3% | 801 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 362↑11.0% | 326↑8.8% | 299↓8.6% | 328↑29.2% | 254 | |
| Selling & Marketing Expenses | 178↑14.2% | 156↑8.3% | 144↓11.7% | 163↑16.8% | 140 | |
| SG&A Expenses | 540↑12.0% | 482↑8.6% | 443↓9.6% | 491↑24.8% | 393 | |
| Other Expenses | 97↑1.1% | 96↑22.3% | 79↑7.5% | 73↑30.0% | 56 | |
| Operating Expenses | 637↑10.2% | 578↑10.7% | 522↓7.4% | 564↑25.4% | 449 | |
| Total Costs & Expenses | 3,675↑6.3% | 3,458↑7.8% | 3,208↓26.9% | 4,386↑17.7% | 3,726 | |
| Operating Results | ||||||
| Operating Income | 276↑7.0% | 258↓0.8% | 260↓47.6% | 496↑41.1% | 352 | |
| Depreciation & Amortization | 170↑2.2% | 167↑15.2% | 145↑10.5% | 131↑24.8% | 105 | |
| EBITDA | 422↓0.7% | 425↑4.9% | 405↓35.4% | 627↑37.3% | 457 | |
| EBIT | 252↓2.5% | 258↓0.8% | 260↓47.6% | 496↑41.1% | 352 | |
| Interest & Other Income | ||||||
| Net Interest Income | -75↑6.2% | -79↓15.3% | -69↓13.5% | -61↓5.0% | -58 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 75↓6.2% | 79↑15.3% | 69↑13.5% | 61↑5.0% | 58 | |
| Non-Operating Income | 24 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -99↓24.5% | -79↓15.3% | -69↓13.5% | -61↓5.0% | -58 | |
| Income Before Tax | 177↓0.8% | 179↓6.6% | 191↓56.1% | 435↑48.2% | 294 | |
| Income Tax Expense | 42↑4.6% | 40↓16.9% | 48↓54.9% | 107↑55.6% | 69 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 135↓2.4% | 138↓3.1% | 143↓56.5% | 328↑45.9% | 225 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 135↓2.4% | 138↓3.1% | 143↓56.5% | 328↑45.9% | 225 | |
| Bottom-Line Net Income | 135↓2.4% | 138↓3.3% | 143↓56.7% | 330↑46.8% | 225 | |
| EPS (Basic) | 4.16↓2.1% | 4.25↓36.1% | 6.65↓55.6% | 14.97↑51.7% | 9.87 | |
| EPS (Diluted) | 3.90↓5.1% | 4.11↓36.8% | 6.50↓51.9% | 13.50↑40.2% | 9.63 | |
| Weighted Average Shares | 32↓0.2% | 33↑48.0% | 22↑0.3% | 22↓6.1% | 23 | |
| Weighted Average Diluted Shares | 35↑2.8% | 34↑53.0% | 22↓9.4% | 24↑4.1% | 23 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.