Earnings summaries and quarterly performance for PATRICK INDUSTRIES.
Executive leadership at PATRICK INDUSTRIES.
Andrew Roeder
Detailed
Executive Vice President—Finance, Chief Financial Officer and Treasurer
Andy Nemeth
Detailed
Chair of the Board
Hugo Gonzalez
Detailed
Executive Vice President—Operations and Chief Operating Officer
Jake Petkovich
Detailed
President—Marine
Jeff Rodino
Detailed
President
Joel Duthie
Detailed
Executive Vice President, Chief Legal Officer and Secretary
Kip Ellis
Detailed
President—Powersports, Technology, and Housing
Matthew Filer
Detailed
Senior Vice President of Finance and Chief Accounting Officer
Board of directors at PATRICK INDUSTRIES.
Research analysts who have asked questions during PATRICK INDUSTRIES earnings calls.
Daniel Moore
CJS Securities, Inc.
4 questions for PATK
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Noah Zatzkin
KeyBanc Capital Markets
4 questions for PATK
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Alexander Perry
Bank of America
3 questions for PATK
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Craig Kennison
Robert W. Baird & Co. Incorporated
3 questions for PATK
Also covers: BC, CPRT, CWH +15 more
Joseph Altobello
Raymond James & Associates, Inc.
3 questions for PATK
Also covers: BC, BRCC, CWH +16 more
Michael Swartz
Truist Securities
3 questions for PATK
Also covers: BC, CWH, FOXF +11 more
Scott Stember
ROTH MKM
3 questions for PATK
Also covers: AZO, BC, CWH +8 more
Tristan Thomas-Martin
BMO Capital Markets
3 questions for PATK
Also covers: BC, CWH, DOOO +6 more
Michael Albanese
The Benchmark Company, LLC
2 questions for PATK
Also covers: DRVN, HZO, LAD +4 more
Alice Wycklendt
Robert W. Baird & Co.
1 question for PATK
Also covers: CPRT, CWH, LCII +1 more
Brandon Rollé
D.A. Davidson
1 question for PATK
Also covers: CWH, DOOO, HOG +5 more
Tristan Thomas Martin
BMO Capital Markets
1 question for PATK
Also covers: BC, CWH, DOOO +3 more
Recent press releases and 8-K filings for PATK.
Patrick Industries Increases Quarterly Cash Dividend
PATK
Dividends
- Patrick Industries, Inc. announced that its Board of Directors approved an increase in the quarterly cash dividend on November 19, 2025.
- The quarterly cash dividend will increase from $0.40 per share to $0.47 per share.
- The dividend is payable on December 15, 2025, to shareholders of record at the close of business on December 1, 2025.
Nov 20, 2025, 1:30 PM
Patrick Industries Reports Q3 2025 Results
PATK
Earnings
Guidance Update
M&A
- Patrick Industries delivered solid third quarter performance in 2025, with net sales increasing 6% to $976 million, driven by over 4% organic growth, and reported diluted earnings per share of $1.01.
- The company saw strong revenue execution in its primary end markets, with RV revenue increasing 7% to $426 million and marine revenue increasing 11% to $150 million in Q3 2025, achieving content gains across all outdoor enthusiast and MH markets.
- Patrick Industries maintained a strong balance sheet with $779 million in total net liquidity at the end of Q3 2025 and repurchased approximately 377,600 shares for $32 million year-to-date through the third quarter.
- For the full year 2025, the company expects an adjusted operating margin of approximately 7%, and anticipates a meaningful improvement of an estimated 70 to 90 basis points in operating margin for 2026.
- Dealer inventory levels remain lean, with RV at 14 to 16 weeks on hand and marine at 16 to 18 weeks on hand in Q3 2025, both significantly below pre-pandemic historical averages, indicating a potential need for restock.
Oct 30, 2025, 2:00 PM
Patrick Reports Q3 2025 Financial Results with Increased Net Sales and Segment Growth
PATK
Earnings
Revenue Acceleration/Inflection
M&A
- Patrick reported $976 million in net sales for Q3 2025, representing a 6% year-over-year increase.
- The company achieved $112 million in Adjusted EBITDA with an 11.5% margin, and $1.01 in Adjusted Diluted EPS for Q3 2025.
- All key segments contributed to revenue growth: RV revenue increased 7% to $426 million, Marine revenue grew 11% to $150 million, Powersports revenue rose 12% to $98 million, and Housing revenue was up 1% to $302 million.
- Patrick generated $134 million in free cash flow year-to-date and maintained $778.7 million in total available liquidity, while also completing the acquisition of LilliPad Marine, LLC.
Oct 30, 2025, 2:00 PM
Patrick Industries Reports Solid Q3 2025 Performance and Provides 2026 Outlook
PATK
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Patrick Industries reported Q3 2025 net sales of $976 million, a 6% increase year-over-year, with diluted earnings per share of $1.01.
- The company observed revenue growth across all segments, including RV revenue up 7% to $426 million, marine revenue up 11% to $150 million, powersports revenue up 12% to $98 million, and housing revenue up 1% to $302 million in Q3 2025.
- For full year 2025, Patrick Industries expects an adjusted operating margin of approximately 7% and free cash flow of at least $245 million.
- Looking ahead to 2026, the company anticipates a meaningful improvement in operating margin by an estimated 70 to 90 basis points, primarily driven by sales leverage and content gains.
- Patrick Industries ended Q3 2025 with $779 million in total net liquidity and, year-to-date through Q3 2025, returned $13 million to shareholders through dividends and repurchased 377,600 shares for $32 million.
Oct 30, 2025, 2:00 PM
Patrick Industries Reports Q3 2025 Results
PATK
Earnings
Guidance Update
M&A
- Patrick Industries reported net sales of $976 million for Q3 2025, an increase of 6% compared to the prior year, with diluted earnings per share of $1.01.
- The company saw revenue growth across its primary end markets in Q3 2025, including RV revenue up 7% to $426 million, Marine revenue up 11% to $150 million, and Powersports revenue up 12% to $98 million.
- Patrick Industries ended Q3 2025 with a strong balance sheet, reporting $779 million in total net liquidity, and returned $13 million to shareholders through quarterly dividends.
- Dealer inventory levels remained lean in Q3 2025, with estimated RV dealer inventory at 14-16 weeks on hand and Marine dealer inventory at 16-18 weeks on hand, both well below pre-pandemic historical averages.
- For the full year 2025, the company expects its adjusted operating margin to be approximately 7%, with a projected meaningful improvement of 70-90 basis points in 2026.
Oct 30, 2025, 2:00 PM
Patrick Industries Reports Third Quarter 2025 Financial Results
PATK
Earnings
Dividends
M&A
- Patrick Industries reported net sales of $976 million for Q3 2025, a 6% increase compared to Q3 2024, while net income decreased to $35 million and diluted EPS was $1.01 (down from $41 million and $1.20, respectively).
- Operating income for Q3 2025 was $66 million (6.8% operating margin) and Adjusted EBITDA was $112 million (11.5% adjusted EBITDA margin), both lower than the prior year period's $74 million (8.1%) and $121 million (13.2%) respectively.
- The company generated $199 million in cash flow from operating activities year-to-date 2025 and ended Q3 2025 with $779 million in total net liquidity and a 2.8x total net leverage ratio.
- In Q3 2025, Patrick Industries returned $13 million to shareholders through dividends and completed the acquisition of LilliPad Marine.
Oct 30, 2025, 12:28 PM
Patrick Industries Reports Third Quarter 2025 Financial Results
PATK
Earnings
Demand Weakening
Dividends
- Patrick Industries, Inc. reported net sales of $976 million for the third quarter of 2025, representing a 6% increase compared to the prior year period.
- Net income was $35 million and diluted earnings per share (EPS) was $1.01 in Q3 2025, compared to $41 million and $1.20, respectively, in Q3 2024.
- Operating income for Q3 2025 was $66 million, with an operating margin of 6.8%, down from $74 million and 8.1% in the prior year period.
- Cash flow provided by operating activities on a year-to-date basis was $199 million, and trailing twelve-month free cash flow was $211 million.
Oct 30, 2025, 12:00 PM
Quarterly earnings call transcripts for PATRICK INDUSTRIES.
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