/
Unless the context otherwise requires, the terms Company, Patrick, we, our, or us refer to Patrick Industries, Inc. and its subsidiaries. Company Overview Patrick is a leading component solutions provider for the recreational vehicle ("RV"), marine, powersports, manufactured housing ("MH") and various industrial markets including single and multi-family housing, hospitality, institutional and c…
Operating margin is thin at 6.99%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 6.3%, steady but not accelerating.
Net debt of $1.47B represents 6.0x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
$3.94B
▲ +6.3% YoY
Net Income (TTM)
$136M
▼ -2.4% YoY
Op. Margin
6.98%
ROIC
8.70%
▼ -0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$194M
▼ -1.9% YoY
Op. Cash Flow (TTM)
$275M
▲ +0.8% YoY
Net Debt
$1.57B
Cash & Equiv.
$37M
5Y CAGR: +9.7%
5Y CAGR: +14.0%
Continue Research