Is Patrick Industries (PATK) overvalued or fairly valued?

MarketChacha shows Patrick Industries's valuation in context — a trailing P/E of about 20.6, a forward P/E of about 15.0, a price-to-book of about 2.4 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Patrick Industries's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.56×) from reported figures — education, not a rating.

What is Patrick Industries's revenue?

Patrick Industries reported revenue of $4.0B for FY2025, with net profit of $135.1M, per official filings.

What is the share price of Patrick Industries (PATK)?

Patrick Industries last traded at $86.22 (+1.0% on the day), as of 7/22/2026 — a delayed quote shown for education, not investment advice.

Patrick Industries

PATK · NYSE · Consumer Discretionary · United States

$86.22+1.0%

Delayed · as reported by Yahoo Finance · as of Jul 22, 2026, 7:31 PM

Snapshot

TickerPATK

ExchangeNYSE

SectorConsumer Discretionary

IndustryRecreational Vehicles

CountryUnited States

Employees10,000

HeadquartersElkhart, United States

Market cap$2.9B

P/E (TTM)20.6

P/B2.4

Volume285.4K

Websitewww.patrickind.com

Filings tracked6

About Patrick Industries

Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. The company operates through Manufacturing and Distribution segments. Its Manufacturing segment manufactures and sells laminated for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinetry; polymer-based and other flooring products; and dash panels. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, and marine hardware and accessories; slotwall panels and components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio systems, appliances, and marine accessories; wiring, electrical, and plumbing products; fiber reinforced polyester products; and cement siding, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.

Profile as reported by Yahoo Finance.

Who owns it

Insiders4.1%
Institutions95.9%
Public & other0.0%

471 institutional holders

As reported by Yahoo Finance.

Top holders

Blackrock Inc.14.48%
FMR, LLC10.89%
Wellington Management Group, LLP5.33%
Dimensional Fund Advisors LP4.41%
Vanguard Capital Management LLC4.36%
Capital Research Global Investors4.14%
Capital World Investors3.90%
State Street Corporation3.80%

Largest institutional holders, as reported by Yahoo Finance (as of 3/31/2026).

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion2.56×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend4.1% → 3.4%

Margin has held broadly steady over the period — stable profitability.

Growth qualityrev 7% · PAT -3%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.0B · EPS 1.22

Est. earnings growth +20.8%

Next fiscal year

Rev $4.2B · EPS 5.73

Est. earnings growth +23.2%

Analyst consensus estimates — not the company's own guidance. As reported by Yahoo Finance.

$81.2952-wk range$148.50

Delayed · as reported by Yahoo Finance

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Market cap

$2.9B

Day change

+1.0%

P/E (TTM)

20.6

Fwd P/E

15.0

P/B

2.4

Div yield

2.20%

Beta

1.09

Revenue (FY2025)

$4.0B

Net margin

3.4%

ROE

11.4%

Revenue CAGR (2y)

+6.7%

Profit CAGR (2y)

-2.8%

EPS (FY2025)

3.90

Net profit (FY2025)

$135.1M

Market figures: Delayed · as reported by Yahoo Finance. Financials as reported in company filings.

Ask MarketChacha about PATK

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$4.0B	$135.1M	3.90	3.4%	11.4%
FY2024	$3.7B	$138.4M	4.11	3.7%	12.3%
FY2023	$3.5B	$142.9M	4.33	4.1%	13.7%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q1	$997.2M	$39.5M	1.10	4.0%
2025Q3	$975.6M	$35.3M	1.01	3.6%
2025Q2	$1.0B	$32.4M	0.96	3.1%
2025Q1	$1.0B	$38.2M	1.11	3.8%
2024Q3	$919.4M	$40.9M	1.20	4.4%
2024Q2	$1.0B	$47.9M	1.44	4.7%
2024Q1	$933.5M	$35.1M	1.06	3.8%
2023Q4	$866.1M	$39.5M	1.81	4.6%
2023Q3	$920.7M	$42.4M	1.94	4.6%
2023Q2	$900.1M	$30.2M	1.35	3.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Reg FD disclosure, Exhibits
SEC6/30/2026material
8-K — Shareholder vote results, Other events, Exhibits
SEC5/18/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/7/2026material
10-Q filing
SEC5/7/2026
8-K — Reg FD disclosure, Exhibits
SEC4/30/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/22/2026material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed · as reported by yahoo finance) are delayed and shown for reference only. Verify with the linked sources before acting.