Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the ...
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$1.81 per share
Est. EPS $1.08 · Revenue $949.68M · 5 analysts
Est. EPS $0.83 · Revenue $899.94M · 5 analysts
Est. EPS $4.28 · Revenue $3.88B · 7 analysts
$1.81 per share
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $4.0B | +6.3% | +4.5% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $135.1M | -2.4% | +10.0% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +23.1% | +2.7% | +4.5% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +7.0% | +0.6% | +13.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +3.4% | -8.2% | +5.3% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $241.9M | -3.7% | +298.2% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +6.1% | -9.4% | +289.7% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 138.6% | +2.7% | +8.1% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 2.51x | +7.7% | -1.7% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $3.1B | +1.8% | -0.2% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 3.90 vs 4.34 | -10.2% | 1.27 vs 1.24 | +2.8% |
| Revenue Surprise | $4.0B vs $3.9B | +2.1% | $1.0B vs $994.9M | +4.7% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Jun 10, 2026 | WELCH M SCOTT | director | Common Stock | A | 100 | $83.85 |
| May 28, 2026 | Rodino Jeffrey M | officer: President | Common Stock | D | 500 | — |
| May 19, 2026 | WELCH M SCOTT | director | Common Stock | A | 100 | $89.44 |
| May 14, 2026 | Suggs Denis G | director | Common Stock | A | 1,594 | — |
| May 14, 2026 | WELCH M SCOTT | director | Common Stock | A | 1,594 | — |
Operator: Good morning, ladies and gentlemen, and welcome to Patrick Industries' Second Quarter 2026 Earnings Conference Call. My name is Rob, and I'll be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. And I'll now turn the call over to Mr. Steve O'Hara, Vice President of Investor Relations. Mr. O'Hara, you may begin. Steve O’Hara: Good morning, everyone, and welcome to our call this morning. I'm joined on the call today by Andy Nemeth, CEO; Jeff Rodino, President; and Matt Filer, CFO. Certain statements made in today's conference call regarding Patrick Industries and its operations may be considered forward-looking statements under the securities laws. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the company's annual report on Form 10-K for the year ended December 31, 2025, and the company's other filings with the Securities and Exchange Commission. Before we begin, I want to briefly address our previously announced merger agreement with LCI Industries. As you would expect, we are limited in what we can say beyond the information that has been publicly disclosed. We remain focused on continuing to execute against our strategic priorities while working through the customary steps required to complete the transaction. I would now like to turn the call over to Andy Nemeth. Andy L. Nemeth: Thank you, Steve. Good morning, everyone. We appreciate you joining us on the call. The second quarter's results underscore the continued resilience of Patrick's business as a result of our strategic diversification efforts and reflect many of the same themes we've discussed over the past several quarters. Net sales for the second quarter were $1.04 billion, off less than 1% year-over-year in these uncertain market conditions as revenue growth in our Marine, Powersports and Housing end markets helped offset a decline in our RV revenue, which was heavily impacted by a 16% reduction in RV industry wholesale unit shipments. We estimate overall organic growth contributed 7% during the quarter. And adjusted earnings per diluted share was $1.29, including approximately $0.07 of dilution from our convertible notes and related warrants. On a trailing 12-month basis, net sales were approximately $3.9 billion. Our second quarter results are an important reminder that Patrick is not defined by one cycle or end market. Our targeted investments over the last decade towards strategically diversifying our business model have created a more resilient platform with broader exposure to attractive market categories within the outdoor enthusiast space. As an example, compared to 2019, RV and Marine wholesale unit shipments are both off more than 20%, yet our trailing 12-month net …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Andy L. Nemeth | Chief Executive Officer & Chairman of the Board | USD 2,328,063 | Male | 1969 | Active |
Jeffrey Rodino | President | USD 1,410,982 | Male | 1970 | Active |
Hugo Gonzalez | President of Powersports and Housing & Chief Operating Officer | USD 1,311,354 | Male | 1981 | Active |
Matthew Filer | Chief Financial Officer, Executive Vice President of Finance & Treasurer | USD 1,022,892 | Male | 1974 | Active |
Attorney Joel D. Duthie | Executive Vice President, Chief Legal Officer & Secretary | USD 992,400 | — | 1975 | Active |
Jacob R. Petkovich | President of Marine | USD 566,842 | Male | 1974 | Active |
Doyle K. Stump | Executive Vice President of Aftermarket | USD 226,550 | Male | — | Active |
Stacey Amundson | Executive Vice President of Human Resources & Chief Human Resources Officer | — | Female | 1967 | Active |
Stephen O'Hara | Vice President of Investor Relations | — | Male | — | Active |
Todd G. Gongwer | Executive Vice President of Leadership & Culture | — | Male | — | Active |
Co-engineered with BRP, the new lineup delivers vehicle-specific fitment, tuned performance, scalable system options, and off-road durability. TEMPE, Ariz.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
TEMPE, Ariz., Aug. 14, 2026 /PRNewswire/ -- Rockford Fosgate®, the industry leader in high-performance audio systems, proudly introduces the PMX-6BB Hidden Digital Media Receiver, a compact marine audio solution designed to deliver powerful performance and seamless control without taking up valuable space at the helm.
Patrick Industries, Inc. Declares Quarterly Cash Dividend PR Newswire ELKHART, Ind., Aug. 14, 2026
ELKHART, Ind., Aug. 14, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ: PATK) ("Patrick" or the "Company") today announced that on August 13, 2026, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.47 per share.
