Patrick Industries Inc (PATK) FinancialsPATKPatrick Industries Inc

Patrick Industries, Inc. (PATK) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Recreational Vehicle, accounting for 44.8% of total sales, equivalent to $446.49M. Other significant revenue streams include Marine and Manufactured Housing. Understanding this composition is critical for investors evaluating how PATK navigates market cycles within the Construction Supplies & Fixtures industry.

Evaluating the bottom line, Patrick Industries, Inc. maintains a gross margin of 21.49%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 7.43%, while the net margin is 4.17%. These profitability ratios, combined with a Return on Equity (ROE) of 12.95%, provide a clear picture of how effectively PATK converts its operational activities into shareholder value.

In the context of the broader market, PATK competes directly with industry leaders such as MBC and LZB. With a market capitalization of $2.67B, it holds a leading position in the sector. When comparing efficiency, PATK's gross margin of 21.49% stands against MBC's 24.30% and LZB's 45.55%. Such benchmarking helps identify whether Patrick Industries, Inc. is trading at a premium or discount relative to its financial performance.

In Q2 2026, Patrick Industries reported a revenue of $1.04 billion, which was a slight decline of 1.0% year-over-year but exceeded estimates by $45.05 million. The gross margin improved to 21.49%, indicating strong profitability despite market challenges.