Patrick Industries, Inc. (PATK)

Nasdaq: PATK · Motor Vehicle Parts & Accessories · Elkhart, IN · filing with the SEC since 1994

Grade5.5

◀ Past 6.1● Present 5.4▶ Future 4.9

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 19, 2026	Feb 20, 2025	Feb 29, 2024	Feb 24, 2023	Feb 25, 2022	Feb 26, 2021	Feb 27, 2020	Feb 28, 2019	Feb 28, 2018	Feb 28, 2017
Revenue	3,950,773	3,715,683	3,468,045	4,881,872	4,078,092	2,486,597	2,337,082	2,263,061	1,635,653	1,221,887
Cost of revenue	3,037,913	2,879,793	2,685,812	3,821,934	3,276,898	2,027,580	1,914,211	1,847,195	1,356,738	1,019,418
Gross profit	912,860	835,890	782,233	1,059,938	801,194	459,017	422,871	415,866	278,915	202,469
Selling, general and administrative	361,588	325,754	299,418	327,513	253,547	146,376	134,466	128,242	90,736	62,183
Total operating expenses	636,871	577,850	522,033	563,768	449,482	285,644	268,429	237,451	157,015	111,632
Operating income	275,989	258,040	260,200	496,170	351,712	173,373	154,442	178,415	121,900	90,837
Interest income (expense), net	-74,507	-79,470	-68,942	-60,760	-57,890	-43,001	-36,616	-26,436	-8,790	-7,185
Income before income taxes	177,062	178,570	191,258	435,410	293,822	130,372	117,826	151,979	113,110	83,652
Income tax expense	42,006	40,169	48,361	107,214	68,907	33,311	28,260	32,147	27,392	28,075
Net income	135,056	138,401	142,897	328,196	224,915	97,061	89,566	119,832	85,718	55,577
Net income to common shareholders	135,056	138,401	142,897	328,196	224,915	97,061	·	·	·	·
Earnings per share, basic	4.16	4.25	4.43^r	9.88^r	6.58^b	2.8467^b	2.5867^b	3.3267^b	2.36^b	1.6467^rb
Earnings per share, diluted	3.90	4.11	4.33^r	8.99^r	6.42^b	2.80^b	2.5667^b	3.2867^b	2.32^b	1.62^rb
Weighted average shares, basic	32,488.0	32,568.0	32,278.0^r	33,210.0^r	34,170.0^b	34,095.0^b	34,587.0^b	35,992.5^b	36,345.0^b	33,780.0^rb
Weighted average shares, diluted	34,637.0	33,699.0	33,038.0^r	36,707.0^r	35,032.5^b	34,630.5^b	34,920.0^b	36,475.5^b	36,964.5^b	34,344.0^rb

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-2 split of Dec 2024.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton PATK · research, not advice