patrick industries was founded in 1959 and is the leading manufacturer of building products and materials to the manufactured housing and recreational vehicle industries in the united states. the company also supplies many of its products to the industrial market that include customers in the kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. in addition, patrick industries is an independent wholesale distributor for the manufactured housing and recreational vehicle industries supplying pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, cabinet doors and cabinet components, cement siding, interior passage doors, furniture, roofing products, lighting, flooring, electrical, wiring, plumbing and other related products.
Company profile
Ticker
PATK
Exchange
Website
CEO
Andrew Nemeth
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission • PHINIA ...
SEC CIK
Corporate docs
Subsidiaries
Adorn Holdings, Inc. • All Counties Glass, Inc. • All State Glass, Inc. • Anything Boating, LLC • Arran Isle, Inc. • Bathroom & Closet, LLC • Bristolpipe, LLC • Dehco, Inc. • Dowco, Inc. • Dura Shower Enclosures Co., Ltd ...
IRS number
351057796
PATK stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEFA14A
Additional proxy soliciting materials
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Patrick Industries, Inc. Appoints Andy Roeder as Executive Vice President-Finance and Chief Financial Officer
11 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Fourth Quarter 2023 Earnings Conference Call
14 Feb 24
8-K/A
Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend
8 Feb 24
8-K
Patrick Industries, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Declares Quarterly Cash Dividend
8 Feb 24
8-K
Departure of Directors or Certain Officers
30 Jan 24
8-K
Regulation FD Disclosure
24 Jan 24
Transcripts
PATK
Earnings call transcript
2023 Q4
8 Feb 24
PATK
Earnings call transcript
2023 Q3
26 Oct 23
PATK
Earnings call transcript
2023 Q2
27 Jul 23
PATK
Earnings call transcript
2023 Q1
27 Apr 23
PATK
Earnings call transcript
2022 Q4
9 Feb 23
PATK
Earnings call transcript
2022 Q3
27 Oct 22
PATK
Earnings call transcript
2022 Q2
31 Jul 22
PATK
Earnings call transcript
2022 Q1
30 Apr 22
PATK
Earnings call transcript
2021 Q4
10 Feb 22
PATK
Earnings call transcript
2021 Q3
28 Oct 21
Latest ownership filings
3
Charles R Roeder
14 Mar 24
3
Andrew C Roeder
13 Mar 24
4
Kip B Ellis
6 Mar 24
144
Notice of proposed sale of securities
5 Mar 24
4
John A Forbes
4 Mar 24
4
Todd M Cleveland
4 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
4
M SCOTT WELCH
1 Mar 24
4
ANDY L NEMETH
1 Mar 24
Financial summary
Quarter (USD) | Oct 23 | Jul 23 | Apr 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.45 mm | 16.45 mm | 16.45 mm | 16.45 mm | 16.45 mm | 16.45 mm |
Cash burn (monthly) | 5.82 mm | 3.07 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 39.74 mm | 20.95 mm | n/a | n/a | n/a | n/a |
Cash remaining | -23.29 mm | -4.50 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.0 | -1.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
4.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 1 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 111.00 mm |
Total shares | 910.34 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
RBC Global Asset Management | 839.34 k | $44.01 mm |
Comerica Bank | 71.00 k | $66.99 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | Ellis Kip B | Common Stock | Sell | Dispose S | No | No | 121.9897 | 7,462 | 910.29 k | 101,316 |
1 Mar 24 | M Scott Welch | Common Stock | Sell | Dispose S | Yes | No | 119.05 | 121 | 14.41 k | 7,681 |
1 Mar 24 | Nemeth Andy L | Common Stock | Sell | Dispose S | No | No | 118 | 5,000 | 590.00 k | 279,619 |
News
Peering Into Patrick Industries's Recent Short Interest
22 Apr 24
Truist Securities Maintains Buy on Patrick Industries, Maintains $130 Price Target
12 Apr 24
Patrick Industries, Inc. Appoints Andy Roeder As Executive Vice President-Finance And Chief Financial Officer, Effective March 5
5 Mar 24
Thriving with Robust Performance: Patrick Industries Delivers Growing Profits to Investors
4 Mar 24
How Is The Market Feeling About Patrick Industries?
12 Feb 24
Press releases
Patrick Industries, Inc. Announces First Quarter 2024 Earnings Release and Conference Call Webcast on May 2, 2024
18 Apr 24
Patrick Industries to Participate in Upcoming 2024 Roth Conference
13 Mar 24
ROCKFORD FOSGATE® APPOINTS DOUG DOBSON AS DIGITAL APPLICATION MANAGER
5 Mar 24
ROCKFORD FOSGATE® APPOINTS DEREK SCHMIEDL AS DIRECTOR OF INTEGRATION
5 Mar 24
Patrick Industries, Inc. Appoints Andy Roeder as Executive Vice President-Finance and Chief Financial Officer
5 Mar 24