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.
![Patrick Industries logo](https://files.capedge.com/8-K/0000076605-19-000150/patkqtrlydividendanno_image1.jpg)
Company profile
Ticker
PATK
Exchange
Website
CEO
Andrew Nemeth
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Lear • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission ...
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)
SD
Conflict minerals disclosure
31 May 24
8-K
Patrick Industries, Inc. Declares Quarterly Cash Dividend
20 May 24
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Patrick Industries, Inc. Reports First Quarter 2024 Financial Results
2 May 24
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
Transcripts
PATK
Earnings call transcript
2024 Q1
2 May 24
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 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
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Oct 23 | Jul 23 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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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) | 17.61 mm | 17.61 mm | 17.61 mm | 17.61 mm | 17.61 mm | 17.61 mm |
Cash burn (monthly) | (no burn) | 1.10 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 4.24 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 13.37 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 12.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
96.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 265 |
Opened positions | 236 |
Closed positions | 5 |
Increased positions | 8 |
Reduced positions | 12 |
13F shares | Current |
---|---|
Total value | 2.26 tn |
Total shares | 21.55 mm |
Total puts | 50.30 k |
Total calls | 36.60 k |
Total put/call ratio | 1.4 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.36 mm | $401.72 bn |
FMR | 3.36 mm | $401.10 bn |
Vanguard | 1.54 mm | $184.42 bn |
Dimensional Fund Advisors | 1.37 mm | $163.64 bn |
Pacer Advisors | 1.10 mm | $131.85 bn |
RBC Global Asset Management | 839.34 k | $44.01 mm |
STT State Street | 782.74 k | $93.51 bn |
Geode Capital Management | 485.87 k | $58.06 bn |
Loomis Sayles & Co L P | 444.42 k | $53.10 mm |
IVZ Invesco | 379.86 k | $45.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | M Scott Welch | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 20,031 |
16 May 24 | Cleveland Todd M | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 89,874 |
16 May 24 | Suggs Denis | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 11,346 |
16 May 24 | Kitson Michael A | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 9,798 |
16 May 24 | Cerulli Joseph M | Common Stock | Grant | Acquire A | No | No | 0 | 1,245 | 0.00 | 49,319 |
News
$100 Invested In Patrick Industries 10 Years Ago Would Be Worth This Much Today
19 Jul 24
Here's How Much $1000 Invested In Patrick Industries 10 Years Ago Would Be Worth Today
16 Jul 24
How Is The Market Feeling About Patrick Industries?
20 Jun 24
Here's How Much $100 Invested In Patrick Industries 5 Years Ago Would Be Worth Today
18 Jun 24
Roth MKM Reiterates Buy on Patrick Industries, Raises Price Target to $126
6 May 24
Press releases
Patrick Industries, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call Webcast on August 1, 2024
18 Jul 24
Introducing the New Harley-Davidson® Audio Powered by Rockford Fosgate® 2024 Subwoofer System
10 Jul 24
Patrick Industries to Participate in Upcoming 2024 Baird Conference
28 May 24
Patrick Industries, Inc. Declares Quarterly Cash Dividend
20 May 24
ROCKFORD FOSGATE® IS OFFICIAL MOTORCYCLE AUDIO PARTNER OF HARLEY-DAVIDSON MUSEUM
3 May 24