Patrick Industries, Inc. (PATK) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Furnishings, Fixtures & Appliances
EV/EBITDA
↑
10.33
↑+35% vs avg
5yr avg: 7.65
30Y Low2.4·High33.6
P/FCF
↑
12.14
↑+51% vs avg
5yr avg: 8.05
30Y Low1.7·High195.7
P/B Ratio
↑
2.63
↑+35% vs avg
5yr avg: 1.95
30Y Low0.2·High4.2
ROE
↓
11.7%
↑-47% vs avg
5yr avg: 22.1%
30Y Low-154%·High62%
Debt/EBITDA
↑
3.68
+17% vs avg
5yr avg: 3.15
30Y Low1.2·High24.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PATK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Patrick Industries, Inc. trades at 23.1x earnings, 73% above its 5-year average of 13.4x, sitting at the 87th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.3x, the stock trades at a premium of 20%. On a free-cash-flow basis, the stock trades at 12.1x P/FCF, 51% above the 5-year average of 8.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.0B | $3.8B | $2.8B | $1.5B | $982M | $1.3B | $1.1B | $814M | $480M | $1.1B | $776M |
| Enterprise Value | $4.6B | $5.4B | $4.3B | $2.7B | $2.4B | $2.6B | $1.9B | $1.4B | $1.1B | $1.5B | $1.0B |
| P/E Ratio → | 23.09 | 27.80 | 20.21 | 10.29 | 2.99 | 5.59 | 10.85 | 9.08 | 4.00 | 13.30 | 13.95 |
| P/S Ratio | 0.76 | 0.95 | 0.75 | 0.42 | 0.20 | 0.31 | 0.42 | 0.35 | 0.21 | 0.70 | 0.64 |
| P/B Ratio | 2.63 | 3.17 | 2.48 | 1.41 | 1.03 | 1.64 | 1.88 | 1.64 | 1.17 | 3.08 | 4.19 |
| P/FCF | 12.14 | 15.24 | 11.15 | 4.21 | 2.96 | 6.71 | 8.22 | 4.94 | 2.90 | 14.74 | 9.50 |
| P/OCF | 9.09 | 11.40 | 8.57 | 3.61 | 2.38 | 4.98 | 6.57 | 4.23 | 2.40 | 11.42 | 7.99 |
P/E links to full P/E history page with 30-year chart
PATK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Patrick Industries, Inc.'s enterprise value stands at 10.3x EBITDA, 35% above its 5-year average of 7.6x. The Consumer Cyclical sector median is 11.3x, placing the stock at a 9% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.36 | 1.15 | 0.77 | 0.49 | 0.63 | 0.78 | 0.62 | 0.49 | 0.91 | 0.85 |
| EV / EBITDA | 10.33 | 12.04 | 10.10 | 6.59 | 3.84 | 5.65 | 7.89 | 6.67 | 4.73 | 9.60 | 9.05 |
| EV / EBIT | 16.70 | 21.35 | 16.62 | 10.26 | 4.86 | 7.34 | 11.22 | 9.39 | 6.19 | 12.24 | 11.48 |
| EV / FCF | — | 21.79 | 17.08 | 7.63 | 7.27 | 13.77 | 15.19 | 8.80 | 6.67 | 19.28 | 12.75 |
PATK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Patrick Industries, Inc. earns an operating margin of 7.0%, above the Consumer Cyclical sector average of 2.9%. ROE of 11.7% is modest. ROIC of 7.6% represents adequate returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.1% | 23.1% | 22.5% | 22.6% | 21.7% | 19.6% | 18.5% | 18.1% | 18.4% | 17.1% | 16.6% |
| Operating Margin | 7.0% | 7.0% | 6.9% | 7.5% | 10.2% | 8.6% | 7.0% | 6.6% | 7.9% | 7.5% | 7.4% |
| Net Profit Margin | 3.4% | 3.4% | 3.7% | 4.1% | 6.7% | 5.5% | 3.9% | 3.8% | 5.3% | 5.2% | 4.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.7% | 11.7% | 12.7% | 14.3% | 38.1% | 33.9% | 18.4% | 19.8% | 30.7% | 30.8% | 35.4% |
| ROA | 4.4% | 4.4% | 4.9% | 5.2% | 12.1% | 10.2% | 6.0% | 6.6% | 11.4% | 12.2% | 12.1% |
| ROIC | 7.6% | 7.6% | 8.0% | 8.4% | 16.6% | 14.9% | 10.1% | 10.7% | 15.3% | 15.6% | 17.4% |
| ROCE | 10.2% | 10.2% | 10.3% | 10.9% | 21.4% | 18.8% | 12.3% | 13.1% | 19.8% | 20.7% | 23.4% |
PATK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Patrick Industries, Inc. carries a Debt/EBITDA ratio of 3.7x, which is moderately leveraged (14% below the sector average of 4.3x). Net debt stands at $1.6B ($1.6B total debt minus $26M cash). Interest coverage of 3.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.39 | 1.39 | 1.35 | 1.15 | 1.52 | 1.89 | 1.68 | 1.56 | 1.54 | 0.95 | 1.47 |
| Debt / EBITDA | 3.68 | 3.68 | 3.59 | 2.98 | 2.31 | 3.17 | 3.80 | 3.57 | 2.70 | 2.28 | 2.37 |
| Net Debt / Equity | — | 1.36 | 1.32 | 1.14 | 1.49 | 1.73 | 1.60 | 1.28 | 1.53 | 0.95 | 1.44 |
| Net Debt / EBITDA | 3.62 | 3.62 | 3.51 | 2.95 | 2.28 | 2.90 | 3.62 | 2.93 | 2.67 | 2.26 | 2.31 |
| Debt / FCF | — | 6.55 | 5.93 | 3.42 | 4.31 | 7.07 | 6.97 | 3.86 | 3.77 | 4.54 | 3.26 |
| Interest Coverage | 3.38 | 3.38 | 3.25 | 3.77 | 8.17 | 6.08 | 4.03 | 4.22 | 6.75 | 13.87 | 12.64 |
PATK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Patrick Industries, Inc.'s current ratio of 2.51x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 0.80x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.38x to 2.51x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.51 | 2.51 | 2.33 | 2.38 | 2.48 | 2.25 | 2.32 | 2.76 | 2.44 | 2.01 | 2.01 |
| Quick Ratio | 0.80 | 0.80 | 0.77 | 0.73 | 0.66 | 0.83 | 0.95 | 1.41 | 0.71 | 0.72 | 0.61 |
| Cash Ratio | 0.08 | 0.08 | 0.09 | 0.04 | 0.06 | 0.28 | 0.20 | 0.75 | 0.04 | 0.02 | 0.07 |
| Asset Turnover | — | 1.28 | 1.23 | 1.30 | 1.75 | 1.54 | 1.42 | 1.59 | 1.84 | 1.89 | 2.28 |
| Inventory Turnover | 5.10 | 5.10 | 5.22 | 5.26 | 5.72 | 5.33 | 6.48 | 7.54 | 6.77 | 7.74 | 8.49 |
| Days Sales Outstanding | — | 17.13 | 18.48 | 18.22 | 13.85 | 16.21 | 20.41 | 13.67 | 14.94 | 17.36 | 11.49 |
PATK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Patrick Industries, Inc. returns 2.8% to shareholders annually — split between a 1.8% dividend yield and 1.1% buyback yield. A payout ratio of 40.9% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 4.3% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.8% | 1.5% | 1.8% | 2.9% | 3.3% | 2.2% | 2.2% | 0.7% | — | — | — |
| Payout Ratio | 40.9% | 40.9% | 36.3% | 29.5% | 10.0% | 12.0% | 24.3% | 6.5% | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.3% | 3.6% | 4.9% | 9.7% | 33.4% | 17.9% | 9.2% | 11.0% | 25.0% | 7.5% | 7.2% |
| FCF Yield | 8.2% | 6.6% | 9.0% | 23.7% | 33.8% | 14.9% | 12.2% | 20.2% | 34.5% | 6.8% | 10.5% |
| Buyback Yield | 1.1% | 0.9% | 0.2% | 1.3% | 7.9% | 3.9% | 2.2% | 0.5% | 22.4% | 0.0% | 0.7% |
| Total Shareholder Yield | 2.8% | 2.3% | 2.0% | 4.1% | 11.2% | 6.0% | 4.4% | 1.2% | 22.4% | 0.0% | 0.7% |
| Shares Outstanding | — | $35M | $34M | $22M | $24M | $23M | $23M | $23M | $24M | $25M | $23M |
Peer Comparison
Compare PATK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PATKYou | $3B | 23.1 | 10.3 | 12.1 | 23.1% | 7.0% | 11.7% | 7.6% | 3.7 |
 LCII | $3B | 14.8 | 9.3 | 9.8 | 23.8% | 6.8% | 13.7% | 9.1% | 3.1 |
 UFPI | $5B | 16.5 | 7.6 | 17.0 | 16.8% | 5.8% | 9.3% | 11.4% | 0.4 |
 THO | $4B | 15.5 | 6.3 | 8.7 | 14.0% | 4.4% | 6.2% | 6.7% | 1.3 |
 WGO | $873M | 34.0 | 13.5 | 9.8 | 13.0% | 2.0% | 2.1% | 2.6% | 6.2 |
 CWH | $469M | -5.2 | 10.7 | — | 29.5% | 2.8% | -21.0% | 4.0% | 9.7 |
 CVCO | $5B | 23.4 | 20.4 | 29.2 | 23.1% | 9.4% | 16.3% | 19.4% | 0.2 |
 SKY | $4B | 21.3 | 12.6 | 21.2 | 26.2% | 9.5% | 13.4% | 16.9% | 0.5 |
 MHO | $3B | 8.7 | 7.0 | 27.4 | 23.0% | 11.5% | 13.2% | 11.3% | 2.1 |
 BLDR | $8B | 19.2 | 10.0 | 9.7 | 29.0% | 5.2% | 10.1% | 6.4% | 4.1 |
 IBP | $8B | 29.1 | 17.0 | 25.3 | 34.0% | 13.0% | 37.5% | 20.7% | 2.1 |
| Consumer Cyclical Median | — | 19.3 | 11.3 | 14.6 | 37.9% | 2.9% | 5.8% | 5.8% | 4.3 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonPATK — Frequently Asked Questions
Quick answers to the most common questions about buying PATK stock.
What is Patrick Industries, Inc.'s P/E ratio?
Patrick Industries, Inc.'s current P/E ratio is 23.1x. The historical average is 12.2x. This places it at the 87th percentile of its historical range.
What is Patrick Industries, Inc.'s EV/EBITDA?
Patrick Industries, Inc.'s current EV/EBITDA is 10.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.8x.
What is Patrick Industries, Inc.'s ROE?
Patrick Industries, Inc.'s return on equity (ROE) is 11.7%. The historical average is 10.4%.
Is PATK stock overvalued?
Based on historical data, Patrick Industries, Inc. is trading at a P/E of 23.1x. This is at the 87th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Patrick Industries, Inc.'s dividend yield?
Patrick Industries, Inc.'s current dividend yield is 1.77% with a payout ratio of 40.9%.
What are Patrick Industries, Inc.'s profit margins?
Patrick Industries, Inc. has 23.1% gross margin and 7.0% operating margin.
How much debt does Patrick Industries, Inc. have?
Patrick Industries, Inc.'s Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.