📊 PATK Key Takeaways
Is Patrick Industries Inc. (PATK) a Good Investment?
Patrick Industries demonstrates strong operational cash generation ($246.5M FCF) and excellent financial flexibility with 64.2x interest coverage, but faces concerning profitability headwinds evidenced by flat net income and declining EPS despite 6.3% revenue growth. The company's thin 3.4% net margin and 11.4% ROE suggest structural margin compression in a competitive auto parts supply market, warranting a cautious stance pending evidence of margin stabilization.
Why Buy Patrick Industries Inc. Stock? PATK Key Strengths
- Exceptional free cash flow generation of $246.5M (6.2% FCF margin) providing financial flexibility
- Fortress balance sheet with 64.2x interest coverage ratio and manageable 1.10x debt-to-equity ratio
- Strong short-term liquidity with 2.51x current ratio and $329.4M operating cash flow
- Solid revenue growth of 6.3% YoY indicating market demand for products
PATK Stock Risks: Patrick Industries Inc. Investment Risks
- Profitability deterioration: revenue +6.3% but net income flat and EPS declining -5.1%, indicating margin compression
- Weak return metrics with 11.4% ROE and 4.4% ROA well below industry standards for industrial companies
- Thin 3.4% net margin provides minimal buffer for cost pressures or competitive pricing challenges
- Quick ratio of 0.80x suggests heavy inventory dependency relative to liquid assets
Key Metrics to Watch
- Gross margin and operating margin trends - critical to assess whether margin compression stabilizes or worsens
- EPS growth trajectory relative to revenue growth - must return to positive territory
- Free cash flow conversion rate - ensure cash generation sustainability amid profitability headwinds
- Return on equity and return on assets - target recovery toward 13%+ ROE for industrial benchmark
Patrick Industries Inc. (PATK) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.51x 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 |
|---|---|---|---|
| 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 |
| Q2 2023 | $920.7M | $42.4M | $1.94 |
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
❓ Frequently Asked Questions about PATK
What is the AI rating for PATK?
Patrick Industries Inc. (PATK) has an AI rating of HOLD with 68% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PATK's key strengths?
Claude: Exceptional free cash flow generation of $246.5M (6.2% FCF margin) providing financial flexibility. Fortress balance sheet with 64.2x interest coverage ratio and manageable 1.10x debt-to-equity ratio.
What are the risks of investing in PATK?
Claude: Profitability deterioration: revenue +6.3% but net income flat and EPS declining -5.1%, indicating margin compression. Weak return metrics with 11.4% ROE and 4.4% ROA well below industry standards for industrial companies.
What is PATK's revenue and growth?
Patrick Industries Inc. reported revenue of $4.0B.
Does PATK pay dividends?
Patrick Industries Inc. pays dividends, with $55.3M 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 $3.90.
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 rating reflects both perspectives for balanced insights.
Is PATK a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Patrick Industries Inc. has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PATK stock overvalued or undervalued?
Valuation metrics for PATK: ROE of 11.4% (sector avg: 12%), net margin of 3.4% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
Should I buy PATK stock in 2026?
Our dual AI analysis gives Patrick Industries Inc. a combined HOLD rating 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 $329.4M, with capital expenditures of $82.9M. FCF margin is 6.2%.
How does PATK compare to other Automotive stocks?
Vs Automotive sector averages: Net margin 3.4% (avg: 6%), ROE 11.4% (avg: 12%), current ratio 2.51 (avg: 1.2).