Patrick Industries, Inc. (PATK) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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PATK Revenue Growth
Revenue Breakdown (FY 2025)
PATK's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
PATK Revenue Analysis (2014–2025)
As of May 8, 2026, Patrick Industries, Inc. (PATK) generated trailing twelve-month (TTM) revenue of $3.94 billion, reflecting slight decline in growth of -0.6% year-over-year. The most recent quarter (Q1 2026) recorded $997.2 million in revenue, up 7.9% sequentially.
Looking at the longer-term picture, PATK's 5-year compound annual growth rate (CAGR) stands at +9.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $4.88 billion in 2022.
Revenue diversification analysis shows PATK's business is primarily driven by Manufactured Housing (31%), Marine (28%), and Industrial (23%).
When compared to Consumer Cyclical sector peers including LCII (+9.1% YoY), UFPI (-6.4% YoY), and THO (+4.6% YoY), PATK has underperformed the peer group in terms of revenue growth. Compare PATK vs LCII →
PATK Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PATKCurrent | $3.9B | -0.6% | +9.7% | 7.0% | |
 LCII | $4.1B | +9.1% | +8.1% | 6.8% | |
 UFPI | $6.3B | -6.4% | +4.2% | 5.8% | |
 THO | $9.6B | +4.6% | +3.2% | 4.4% | |
 WGO | $2.8B | +1.4% | +3.5% | 2.0% | |
 CWH | $6.4B | +2.6% | +3.2% | 2.8% |
PATK Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $3.95B | +6.3% | $912.9M | 23.1% | $276.0M | 7.0% |
| 2024 | $3.72B | +7.1% | $835.9M | 22.5% | $258.0M | 6.9% |
| 2023 | $3.47B | -29.0% | $782.2M | 22.6% | $260.2M | 7.5% |
| 2022 | $4.88B | +19.7% | $1.06B | 21.7% | $496.2M | 10.2% |
| 2021 | $4.08B | +64.0% | $801.2M | 19.6% | $351.7M | 8.6% |
| 2020 | $2.49B | +6.4% | $459.0M | 18.5% | $173.4M | 7.0% |
| 2019 | $2.34B | +3.3% | $422.9M | 18.1% | $154.4M | 6.6% |
| 2018 | $2.26B | +38.4% | $415.9M | 18.4% | $178.4M | 7.9% |
| 2017 | $1.64B | +33.9% | $278.9M | 17.1% | $121.9M | 7.5% |
| 2016 | $1.22B | +32.8% | $202.5M | 16.6% | $90.8M | 7.4% |
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Start ComparisonPATK — Frequently Asked Questions
Quick answers to the most common questions about buying PATK stock.
Is PATK's revenue growth accelerating or slowing?
PATK revenue growth slowed to -0.6%, below the 5-year CAGR of +9.7%. TTM revenue is $3.9B. The deceleration marks a shift from historical growth rates.
What is PATK's long-term revenue growth rate?
Patrick Industries, Inc.'s 5-year revenue CAGR of +9.7% reflects the variable expansion pattern. Current YoY growth of -0.6% is near this long-term average.
How is PATK's revenue distributed by segment?
PATK reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.