Patrick Industries, Inc. Income Statement
PATK / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Patrick Industries, Inc. reported $4.0B in revenue and $135M in net income for FY2025. Revenue has grown at a 55.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $3.5B | $4.9B | $4.1B | $2.5B | $2.3B | $2.3B | $1.6B | $735.7M | $594.9M | $437.4M | $307.8M | $29.0M | $8.0M |
| Cost of Revenue | $3.0B | $2.9B | $2.7B | $3.8B | $3.3B | $2.0B | $1.9B | $1.8B | $1.4B | $617.2M | $503.9M | $371.6M | $263.5M | $371.6M | $263.5M |
| Gross Profit | $912.9M | $835.9M | $782.2M | $1.1B | $801.2M | $459.0M | $422.9M | $415.9M | $278.9M | $118.5M | $91.0M | $65.7M | $44.3M | $65.7M | $44.3M |
| SG&A Expense | $361.6M | $325.8M | $299.4M | $327.5M | $253.5M | $146.4M | $134.5M | $128.2M | $90.7M | $36.4M | $28.0M | $21.6M | $16.6M | $21.6M | $16.6M |
| Operating Income | $276.0M | $258.0M | $260.2M | $496.2M | $351.7M | $173.4M | $154.4M | $178.4M | $121.9M | $51.5M | $40.9M | $27.0M | $13.5M | $27.0M | $13.5M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | $2.2M | $4.0M | $4.5M | $4.0M | $4.5M |
| Income Tax | $42.0M | $40.2M | $48.4M | $107.2M | $68.9M | $33.3M | $28.3M | $32.1M | $27.4M | $18.4M | $14.7M | -$6.8M | -$163.0K | -$6.8M | -$163.0K |
| Net Income | $135.1M | $138.4M | $142.9M | $328.2M | $224.9M | $97.1M | $89.6M | $119.8M | $85.7M | $30.7M | $24.0M | $28.1M | $8.5M | $28.1M | $8.5M |
| EPS (Basic) | $4.43 | $9.88 | $9.87 | $4.27 | $3.88 | $4.99 | $3.54 | $2.47 | $1.84 | $1.92 | $1.49 | $2.66 | $0.87 | $0.13 | -$0.49 |
| EPS (Diluted) | $4.33 | $8.99 | $9.63 | $4.20 | $3.85 | $4.93 | $3.48 | $2.43 | $1.81 | $1.91 | $1.49 | $2.64 | $0.83 | $0.12 | -$0.49 |
| Shares Outstanding | 33.6M | 33.2M | 22.2M | 23.5M | 23.4M | 24.3M | 23.5M | 25.3M | 23.0M | 16.0M | 15.5M | 10.6M | 10.9M | 10.9M | 9.2M |
| Gross Margin | 23.1% | 22.5% | 22.6% | 21.7% | 19.7% | 18.5% | 18.1% | 18.4% | 17.1% | 16.1% | 15.3% | 15.0% | 14.4% | 226.7% | 553.9% |
| Operating Margin | 7.0% | 6.9% | 7.5% | 10.2% | 8.6% | 7.0% | 6.6% | 7.9% | 7.4% | 7.0% | 6.9% | 6.2% | 4.4% | 93.2% | 168.4% |
| Profit Margin | 3.4% | 3.7% | 4.1% | 6.7% | 5.5% | 3.9% | 3.8% | 5.3% | 5.2% | 4.2% | 4.0% | 6.4% | 2.8% | 96.9% | 105.9% |