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PATK

Patrick Industries, Inc.

$63.05

Earnings Summary

Revenue
$1475.69Mn
Net Profits
$116.52Mn
Net Profit Margins
7.9%
PE Ratio
4.42

Highlights

Revenue:

Patrick Industries, Inc.’s revenue jumped 44.68% since last year same period to $1475.69Mn in the Q2 2022. On a quarterly growth basis, Patrick Industries, Inc. has generated 9.95% jump in its revenue since last 3-months.

Net Profits:

Patrick Industries, Inc.’s net profit jumped 97.55% since last year same period to $116.52Mn in the Q2 2022. On a quarterly growth basis, Patrick Industries, Inc. has generated 3.42% jump in its net profits since last 3-months.

Net Profit Margins:

Patrick Industries, Inc.’s net profit margin jumped 36.54% since last year same period to 7.9% in the Q2 2022. On a quarterly growth basis, Patrick Industries, Inc. has generated -5.94% fall in its net profit margins since last 3-months.

PE Ratio:

Patrick Industries, Inc.’s price-to-earnings ratio after this Q2 2022 earnings stands at 4.42.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Patrick Industries, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
2.44
EPS Estimate Current Year
2.44

Highlights

EPS Estimate Current Quarter:

Patrick Industries, Inc.’s earning per share (EPS) estimates for the current quarter stand at 2.44 - a -33.51% fall from last quarter’s estimates.

EPS Estimate Current Year:

Patrick Industries, Inc.’s earning per share (EPS) estimates for the current year stand at 2.44.

Key Ratios

Key ratios of the Patrick Industries, Inc. post its Q2 2022 earnings

Earning Per Share (EPS)
4.79
Return on Assets (ROA)
0.12
Return on Equity (ROE)
0.45
Dividend Per Share (DPS)
1.27

Highlights

Earning Per Share (EPS):

Patrick Industries, Inc.’s earning per share (EPS) jumped 90.08% since last year same period to 4.79 in the Q2 2022. This indicates that the Patrick Industries, Inc. has generated 90.08% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Patrick Industries, Inc.’s return on assets (ROA) stands at 0.12.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Patrick Industries, Inc.’s return on equity (ROE) stands at 0.45.

Dividend Per Share (DPS):

Patrick Industries, Inc. declared 1.27 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
2.8
4.54
62.14%
2022-08-04
3.67
4.79
30.52%

Company Information

Patrick Industries, Inc. is a major manufacturer and distributor of component products and building products serving the recreational vehicle, marine, manufactured housing, residential housing, high-rise, hospitality, kitchen cabinet, office and household furniture, fixtures and commercial furnishings, and other industrial markets and operates coast-to-coast in various locations throughout the United States and in Canada, China and the Netherlands. Patrick's major manufactured products include decorative vinyl and paper laminated panels, countertops, fabricated aluminum products, wrapped profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass bath fixtures and tile systems, thermoformed shower surrounds, specialty bath and closet building products, fiberglass and plastic helm systems and component products, wiring and wire harnesses, boat covers, towers, tops and frames, electrical systems components including instrument and dash panels, softwoods lumber, interior passage doors, air handling products, RV painting, slotwall panels and components, aluminum fuel tanks, and CNC molds and composite parts and other products. The Company also distributes drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, appliances, cement siding, raw and processed lumber, FRP products, interior passage doors, roofing products, tile, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, various marine aftermarket products, and other miscellaneous products, in addition to providing transportation and logistics services.

Organisation
Patrick Industries, Inc.
Headquarters
Elkhart, Indiana, US
Employees
8.7K
Industry
Producer Manufacturing
CEO
Andrew Nemeth