Patrick Industries, Inc. (PATK) is a Consumer Discretionary stock trading at $85.44 (as of 2026-08-20), with a market capitalization of $2.74B and a trailing P/E of 18.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Patrick Industries, Inc. manufactures and distributes components, building products, and materials for the recreational vehicle, marine, manufactured housing, and industrial markets in the United States, China, and Canada. Its Manufacturing segment manufactures and sells furniture, shelving, wall, countertop, and cabinet product; cabinet door, fiberglass bath fixture, and tile system; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum product; fiberglass and plastic components; RV painting; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinet; polymer-based flooring product; dash panels; and other products. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat covers, tower, top, and frame; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite part, marine hardware; slotwall panels, components; and other products. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, marine accessories, wiring product, electrical and plumbing product, fiber reinforced polyester product; cement siding product, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other products. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
Patrick Industries manufactures and distributes components and building products for recreational vehicles, marine, manufactured housing, and industrial markets, and it makes money by selling these manufactured and fabricated items to customers in those end markets.
Because most of Patrick Industries’ revenue comes from supplying manufactured components and building products into the RV, housing, and marine end markets, its operating profit largely follows changes in customer build activity there, and is constrained by its relatively low operating margin (6.5%).
| RV | $0.5B |
| Housing | $0.3B |
| Marine | $0.2B |
Business quality (Mixed): Clear end-market exposure (RV, housing, marine) and positive profitability in the latest period, but the profit model can be sensitive to demand swings in those industries and to margin pressure at the operating level.
Valuation: At 25× earnings, PATK trades 23% above the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.
| Price | $85.44 |
| Market Cap | $2.74B |
| P/E Ratio | 18.6 |
| EV / EBITDA | 9.5 |
| Price / Book | 2.43 |
| Price / Sales | 0.70 |
| FCF Yield | 4.7% |
| DCF Value (model) | $41.98 |
| DCF Upside vs Price | -50.9% |
| Revenue (TTM) | $3.95B |
| Net Margin | 3.4% |
| Revenue Growth (YoY) | -0.6% |
| EPS Growth (YoY) | 36.0% |
| FCF Growth (YoY) | -50.2% |
| Altman Z-Score | 3.13 (safe) |
| Piotroski F-Score | 8/9 (strong) |
| Stock P/E | 18.6 |
| Sector P/E (Consumer Discretionary) | 20.5 |
| Industry P/E (Automobiles & Trucks) | 17.2 |
| vs Sector | -9.0% |
| vs Industry | 8.2% |
| Top Institutional Holder | BlackRock, Inc. ($529.20M) |
| Institutional Holders Tracked | 10 |
| Congressional Trades (recent) | 4 |
| Sector | Consumer Discretionary |
| Industry | Automobiles & Trucks |
| CEO | Andy L. Nemeth |
| Employees | 10,000 |
| Country | US |
| IPO Date | 1980-03-17 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.