📊 PATK Key Takeaways
Is Patrick Industries Inc. (PATK) a Good Investment?
Patrick Industries shows revenue growth of 6.3% YoY but profitability has stalled with net income flat and EPS declining 5.1%. Most critically, the company generated negative operating cash flow (-$14.0M) and negative free cash flow (-$32.9M), indicating it cannot sustain its $1.4B debt load from operations, raising solvency concerns.
Patrick Industries Inc. Key Strengths (PATK)
- Revenue growth of 6.3% YoY demonstrates market demand in motor vehicle parts sector
- Interest coverage ratio of 15.1x shows current debt service capacity
- Current ratio of 2.71x provides adequate short-term liquidity cushion
PATK Stock Risks: Patrick Industries Inc. Investment Risks
- Negative operating cash flow (-$14.0M) indicates fundamental inability to generate cash from core operations
- Negative free cash flow (-$32.9M) with $1.4B long-term debt creates refinancing/solvency risk
- Net income flat YoY despite 6.3% revenue growth signals operational efficiency deterioration and margin compression
- Critically low returns on capital (ROE 3.3%, ROA 1.2%) indicate poor capital deployment
- EPS declining 5.1% YoY despite revenue growth points to per-share value erosion
- Low cash position ($37.5M) relative to debt obligations and negative cash generation
Key Metrics to Watch
- Operating cash flow trend - must return to positive to validate debt sustainability
- Free cash flow and cash position - deterioration would signal refinancing pressure
- Gross margin and operating margin trends - assess if efficiency can be recovered
- Debt refinancing activities - monitor for distressed terms indicating credit stress
Patrick Industries Inc. (PATK) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.71x current ratio provides a solid financial cushion.
PATK Profit Margin, ROE & Profitability Analysis
PATK vs Automotive Sector: How Patrick Industries Inc. Compares
How Patrick Industries Inc. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Patrick Industries Inc. Stock Overvalued? PATK Valuation Analysis 2026
Based on fundamental analysis, Patrick Industries Inc. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Patrick Industries Inc. Balance Sheet: PATK Debt, Cash & Liquidity
PATK Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Patrick Industries Inc.'s revenue has remained relatively flat over the 5-year period, with a 3% decline. The most recent EPS of $4.33 reflects profitable operations.
PATK Revenue Growth, EPS Growth & YoY Performance
PATK Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $997.2M | $38.2M | $1.10 |
| Q3 2025 | $919.4M | $35.3M | $1.01 |
| Q2 2025 | $1.0B | $32.4M | $0.96 |
| Q1 2025 | $933.5M | $35.1M | $1.06 |
| Q3 2024 | $866.1M | $39.6M | $1.80 |
| Q2 2024 | $920.7M | $42.4M | $1.94 |
| Q1 2024 | $900.1M | $30.2M | $1.35 |
| Q3 2023 | $866.1M | $39.6M | $1.81 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Patrick Industries Inc. Dividends, Buybacks & Capital Allocation
PATK SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Patrick Industries Inc. (CIK: 0000076605)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 28, 2026 | 4 | xslF345X06/wk-form4_1780017684.xml | View → |
| May 21, 2026 | 4 | xslF345X06/wk-form4_1779397575.xml | View → |
| May 18, 2026 | 4 | xslF345X06/wk-form4_1779136978.xml | View → |
| May 18, 2026 | 4 | xslF345X06/wk-form4_1779136943.xml | View → |
| May 18, 2026 | 4 | xslF345X06/wk-form4_1779136903.xml | View → |
❓ Frequently Asked Questions about PATK
What is the AI rating for PATK?
Patrick Industries Inc. (PATK) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PATK's key strengths?
Claude: Revenue growth of 6.3% YoY demonstrates market demand in motor vehicle parts sector. Interest coverage ratio of 15.1x shows current debt service capacity.
What are the risks of investing in PATK?
Claude: Negative operating cash flow (-$14.0M) indicates fundamental inability to generate cash from core operations. Negative free cash flow (-$32.9M) with $1.4B long-term debt creates refinancing/solvency risk.
What is PATK's revenue and growth?
Patrick Industries Inc. reported revenue of $997.2M.
Does PATK pay dividends?
Patrick Industries Inc. pays dividends, with $16.3M distributed to shareholders in the trailing twelve months.
Where can I find PATK SEC filings?
Official SEC filings for Patrick Industries Inc. (CIK: 0000076605) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PATK's EPS?
Patrick Industries Inc. has a diluted EPS of $1.10.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is PATK's fundamental grade?
Based on our AI fundamental analysis in May 2026, Patrick Industries Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is PATK stock overvalued or undervalued?
Valuation metrics for PATK: ROE of 3.3% (sector avg: 12%), net margin of 4.0% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
What is PATK's AI grade for 2026?
Our dual AI analysis gives Patrick Industries Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PATK's free cash flow?
Patrick Industries Inc.'s operating cash flow is $-14.0M, with capital expenditures of $18.9M. FCF margin is -3.3%.
How does PATK compare to other Automotive stocks?
Vs Automotive sector averages: Net margin 4.0% (avg: 6%), ROE 3.3% (avg: 12%), current ratio 2.71 (avg: 1.2).