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 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, solid surface, granite, and quartz countertop fabrication aluminum product; RV painting; decorative vinyl and paper laminated panel; fiberglass and plastic component; softwoods lumber; custom cabinet; polymer-based flooring product; marine hardware; air handling; and electrical system and component, including instrument and dash panel, and other product. This segment also provides wrapped vinyl, paper, and hardwood profile moulding; interior passage door; slide-out trim and fascia product; thermoformed shower surround; specialty bath and closet building product; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and component; wiring and wire harnesses; aluminum and plastic fuel tank; boat cover, tower, top, and frame; CNC molds and composite part; and slotwall panel and component. The company's Distribution segment distributes pre-finished wall and ceiling panel, drywall and finishing product, electronic, audio system component, appliance, wiring product, electrical and plumbing product, cement siding product, raw and processed lumber, fiber reinforced polyester product, roofing, laminate and ceramic flooring product, shower door, furniture, fireplace and surround, interior and exterior lighting product, and other product. This segment also offers transportation and logistics service. The company was founded in 1959 and is headquartered in Elkhart, Indiana.
IPO Year:
Exchange: NASDAQ
Website: patrickind.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/31/2025 | $99.00 | Hold | Loop Capital |
| 4/4/2025 | $96.00 | Outperform → Neutral | Robert W. Baird |
| 10/1/2024 | $160.00 | Outperform | Raymond James |
| 8/29/2024 | $145.00 | Buy | The Benchmark Company |
| 12/7/2023 | $105.00 | Outperform | BMO Capital Markets |
| 4/19/2023 | $80.00 | Overweight | KeyBanc Capital Markets |
| 8/26/2022 | $65.00 | Neutral | DA Davidson |
| 5/5/2022 | $93.00 | Buy | MKM Partners |
| 4/12/2022 | $75.00 | Buy | Truist |
| 4/4/2022 | $60.00 | Underperform | BofA Securities |
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4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
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4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
4 - PATRICK INDUSTRIES INC (0000076605) (Issuer)
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ELKHART, Ind., Feb. 5, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today reported financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights (compared to Fourth Quarter and Full Year 2024 unless otherwise noted) Net sales increased 9% to $924 million for the fourth quarter and increased 6% to $4.0 billion for the full year. The growth in net sales was primarily driven by organic content
ELKHART, Ind., Jan. 22, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its fourth quarter and twelve months 2025 financial results before the market opens on Thursday, February 5, 2026. Patrick Industries will host a conference call on Thursday, February 5, 2026 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call i
ELKHART, Ind., Jan. 7, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in CJS Securities 26th Annual "New Ideas for the New Year" Conference on January 14, 2026. Patrick's management team will give a presentation and participate in one-on-one meetings with institutional investors and analysts. The conference will be held virtually. Please contact CJS Securities for attendance information and additional details. About Patrick Industri
ELKHART, Ind., Jan. 5, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced the appointment of Matthew Filer, 53, as Executive Vice President – Finance, Chief Financial Officer and Treasurer, in alignment with the Company's executive succession plan. He will succeed Andrew Roeder, who informed the Company on December 29, 2025 that he will step down from his role as Executive Vice President – Finance, Chief Financial Officer and Treasurer. Mr. Roeder will remain with the Company through the filing date of its Form 10-K for the fiscal year ended December 31, 2025.
ELKHART, Ind., Dec. 18, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") announced today that it has completed the acquisitions of Quality Engineered Services ("QES") and Egis Group, LLC ("Egis"). QES, located in Syracuse, Indiana, manufactures wire harnesses and electrical systems for the marine and RV industries. Egis, based in Bellingham, Washington, develops engineered electrical components and system-level solutions for marine and specialty vehicle applications, offering leading products such as terminal blocks, battery fuses, circuit breakers, flex relays, and power distribution modules.
ELKHART, Ind., Dec. 1, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in the Raymond James 2025 TMT and Consumer Conference to be held in New York, NY on December 8-10, 2025. Patrick's management team will participate in a fireside chat and one-on-one meetings with institutional investors and analysts on December 8, 2025. Please contact Raymond James for attendance information and additional details. About Patrick Industries, Inc. P
ELKHART, Ind., Nov. 20, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that on November 19, 2025, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend is payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025. "The increase in our quarterly cash dividend underscores our continued confidence in the strength and resilience of our business model, the durabi
ELKHART, Ind., Nov. 4, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, will participate in one-on-one meetings with investors and analysts at two upcoming conferences this month: Baird 2025 Global Industrial Conference will be held in Chicago, Illinois from November 11-13, 2025. Patrick will participate on November 11.Truist Securities 2025 Gaming, Lodging, Leisure, and Restaurants Summit will be held in Everett, Massachusetts on November 20, 2025.Pl
The new series features focused engineering and design for best-in-class performance, at every level, showcasing next-generation audio technology TEMPE, Ariz., Nov. 4, 2025 /PRNewswire/ -- Rockford Fosgate, the leader in high-performance audio systems, proudly unveils its new PUNCH Speaker Line, the latest evolution of the brand's most iconic series. Featuring three new speaker lines engineered for precision, performance, and fitment-focused design, the multi-configuration collection will make its exclusive debut at SEMA 2025. The new PUNCH lineup includes the P1, P2, and P3
Third Quarter 2025 Highlights (compared to Third Quarter 2024 unless otherwise noted) Net sales increased 6% to $976 million driven by solid organic growth and acquisitions, partially offset by industry shipment declines. The Company reported higher revenue in each of its four primary end markets reflecting continued resilience and strength in content per unit as a result of acquisitions and organic growth.Operating income was $66 million compared to $74 million in the prior year period. Operating margin was 6.8% compared to 8.1% in the prior year period.Net income was $35 million compared to $41 million in the prior year period.Diluted earnings per share (EPS) was $1.01 compared to EPS of $
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
10-Q - PATRICK INDUSTRIES INC (0000076605) (Filer)
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
8-K - PATRICK INDUSTRIES INC (0000076605) (Filer)
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10-Q - PATRICK INDUSTRIES INC (0000076605) (Filer)
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Loop Capital initiated coverage of Patrick Industries with a rating of Hold and set a new price target of $99.00
Robert W. Baird downgraded Patrick Industries from Outperform to Neutral and set a new price target of $96.00
Raymond James initiated coverage of Patrick Industries with a rating of Outperform and set a new price target of $160.00
The Benchmark Company initiated coverage of Patrick Industries with a rating of Buy and set a new price target of $145.00
BMO Capital Markets initiated coverage of Patrick Industries with a rating of Outperform and set a new price target of $105.00
KeyBanc Capital Markets initiated coverage of Patrick Industries with a rating of Overweight and set a new price target of $80.00
DA Davidson initiated coverage of Patrick Industries with a rating of Neutral and set a new price target of $65.00
MKM Partners initiated coverage of Patrick Industries with a rating of Buy and set a new price target of $93.00
Truist initiated coverage of Patrick Industries with a rating of Buy and set a new price target of $75.00
BofA Securities initiated coverage of Patrick Industries with a rating of Underperform and set a new price target of $60.00
Live finance-specific insights
ELKHART, Ind., Feb. 5, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, today reported financial results for the fourth quarter and year ended December 31, 2025. Fourth Quarter and Full Year 2025 Highlights (compared to Fourth Quarter and Full Year 2024 unless otherwise noted) Net sales increased 9% to $924 million for the fourth quarter and increased 6% to $4.0 billion for the full year. The growth in net sales was primarily driven by organic content
ELKHART, Ind., Jan. 22, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its fourth quarter and twelve months 2025 financial results before the market opens on Thursday, February 5, 2026. Patrick Industries will host a conference call on Thursday, February 5, 2026 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call i
ELKHART, Ind., Nov. 20, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that on November 19, 2025, its Board of Directors (the "Board") approved an increase in the amount of its quarterly cash dividend on its common stock to $0.47 per share from $0.40 per share. The dividend is payable on December 15, 2025 to shareholders of record at the close of business on December 1, 2025. "The increase in our quarterly cash dividend underscores our continued confidence in the strength and resilience of our business model, the durabi
Third Quarter 2025 Highlights (compared to Third Quarter 2024 unless otherwise noted) Net sales increased 6% to $976 million driven by solid organic growth and acquisitions, partially offset by industry shipment declines. The Company reported higher revenue in each of its four primary end markets reflecting continued resilience and strength in content per unit as a result of acquisitions and organic growth.Operating income was $66 million compared to $74 million in the prior year period. Operating margin was 6.8% compared to 8.1% in the prior year period.Net income was $35 million compared to $41 million in the prior year period.Diluted earnings per share (EPS) was $1.01 compared to EPS of $
ELKHART, Ind., Oct. 16, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its third quarter and nine months 2025 financial results before the market opens on Thursday, October 30, 2025. Patrick Industries will host a conference call on Thursday, October 30, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (
ELKHART, Ind., Aug. 15, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that on August 14, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.40 per share. The dividend is payable on September 8, 2025 to shareholders of record at the close of business on August 25, 2025. About Patrick Industries, Inc. Patrick (NASDAQ:PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers a
Second Quarter 2025 Highlights (compared to Second Quarter 2024 unless otherwise noted) Net sales increased 3% to $1.05 billion, driven by 7% growth in the Company's RV business and 3% growth in its Housing business, which more than offset reductions of 1% and 7% in the Company's Marine and Powersports businesses, respectively.Operating income increased 2% to $87 million, while operating margin was 8.3%, or flat versus the prior year.Net income was $32 million and diluted earnings per share (EPS) was $0.96.Excluding one-time expenses related to a legal settlement1, adjusted net income2 was $51 million and adjusted diluted EPS2 was $1.50 compared to $1.44 in the prior year period.Reported and
ELKHART, Ind, July 17, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced that it will release its second quarter and six months 2025 financial results before the market opens on Thursday, July 31, 2025. Patrick Industries will host a conference call on Thursday, July 31, 2025 at 10:00 a.m. Eastern Time to discuss results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. The dial-in number for the live conference call is (877) 40
ELKHART, Ind., May 16, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) today announced that on May 15, 2025, its Board of Directors (the "Board") declared a quarterly cash dividend on its common stock of $0.40 per share. The dividend is payable on June 9, 2025 to shareholders of record at the close of business on May 27, 2025. About Patrick Industries, Inc. Patrick (NASDAQ:PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. Since 1959, Patrick has empowered manufacturers and outdoor enthusiasts to achieve next-le
First Quarter 2025 Highlights (compared to First Quarter 2024 unless otherwise noted) Net sales increased 7% to $1.0 billion, driven by revenue growth of 14% and 7% in the Company's RV and Housing markets, respectively, which more than offset a 4% decline in Marine revenue and a 2% decline in Powersports revenue.Operating margin increased 10 basis points to 6.5%. Adjusted operating margin1 was 6.5% compared to 7.0% in the first quarter of 2024.Net income was $38 million and diluted earnings per share (EPS) was $1.11, compared to net income of $35 million and diluted EPS of $1.06 in the first quarter of 2024. Adjusted diluted EPS1 was $1.11 compared to $1.19 in the prior year period.Reported
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Live Leadership Updates
ELKHART, Ind., Jan. 5, 2026 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") today announced the appointment of Matthew Filer, 53, as Executive Vice President – Finance, Chief Financial Officer and Treasurer, in alignment with the Company's executive succession plan. He will succeed Andrew Roeder, who informed the Company on December 29, 2025 that he will step down from his role as Executive Vice President – Finance, Chief Financial Officer and Treasurer. Mr. Roeder will remain with the Company through the filing date of its Form 10-K for the fiscal year ended December 31, 2025.
TEMPE, Ariz., July 18, 2025 /PRNewswire/ -- Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, is thrilled to announce the appointment of Josh Berry as Regional Sales Manager, OEM Marine. In this role, Josh will collaborate with Rockford Fosgate's OEM Marine team to drive growth and strengthen partnerships within the marine audio sector. With 23 years of experience in 12-volt marine audio, Josh brings a wealth of expertise and a proven track record of fostering robust relationships with marine OEMs. "I'm excited to join Rockford
ELKHART, Ind., Feb. 24, 2025 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company") announced today that it has completed the acquisition of Spring Lake, Michigan-based Medallion Instrumentation Systems, LLC ("Medallion"), a premier provider of customized instrumentation and vehicle electronics for marine, RV, powersports, on-highway and military markets. Medallion's engineering team provides complete systems solutions that cater to customer needs, including digital switching, lighting controls, integrated audio, sensor products, wire harnessing, gauges and LCD touchscreen displays. Medallion's 2024 revenue was approximately $38 million.
ROCKFORD FOSGATE® PASSES THE TORCH, PAVING THE WAY FOR CONTINUED STRENGTH AND INNOVATION FOR THE NEXT FUTURE. TEMPE, Ariz., Aug. 19, 2024 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is thrilled to announce two significant leadership changes within the company. Bill Jackson, who has served as President and CEO for the past 18 years, will transition to the role of Sr. Operations Business Advisor to Patrick Industries. Succeeding him, Zach Luke, a seasoned leader with over 20 years of dedicated service at Rockford Fosgate, will step into the role of President.
TEMPE, Ariz., May 3, 2024 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is thrilled to announce its sponsorship of the Harley-Davidson Museum as the official Motorcycle Audio partner. This partnership promises visitors an immersive on-site audio journey with H-D Museum™ Demos, alongside hosting the H-D Museum Bike Night Concert Series and activation during the annual H-D® Homecoming™ Festival. Zach Luke, as Managing Director of Rockford Fosgate, expressed, "This presents a remarkable opportunity for us to connect with our customers on
TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Doug Dobson as Digital Application Manager. ROCKFORD FOSGATE® APPOINTS DOUG DOBSON AS DIGITAL APPLICATION MANAGERIn his new role, Doug will assume responsibility for vehicle specific guidance and expertise to the embedded software team during UI/APP development. Doug stated, "I am excited and honored to join the great team at Rockford Fosgate and its rich history in the car audio world. I hope to bring my own specialties a
TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Derek Schmiedl as Director of Integration. In his new role, Derek will assume responsibility for overseeing and spearheading the Rockford Fosgate audio integration initiatives. Leveraging his extensive years of industry experience and proven track record of success, Derek will play a crucial role in advancing and crafting tailored solutions for various vehicle models. Derek, stated, "Rockford Fosgate is renowned for creatin
ELKHART, Ind., March 5, 2024 /PRNewswire/ -- Patrick Industries, Inc. (NASDAQ:PATK) ("Patrick" or the "Company"), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, announced today that it has appointed Andy Roeder as Executive Vice President-Finance, Chief Financial Officer ("CFO"), and Treasurer of the Company, effective March 5. "We are delighted to announce that Andy will be joining Patrick's leadership team after a robust search process that encompassed strong candidates, both internal and external," said Andy Nemeth, Chief Executive
TEMPE, Ariz., Feb. 29, 2024 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Jordan Beecham as Regional Sales Manager, Motorcycle. Rockford Fosgate is excited to announce the addition of Jordan Beecham as Regional Sales Manager, Motorcycle.In his role, Jordan will oversee and lead the Rockford Fosgate aftermarket motorcycle audio sales initiatives, where his years of industry experience and success will play a pivotal part in expanding Rockford's category relationships and growth. Jordan, stated, "R
TEMPE, Ariz., Dec. 20, 2023 /PRNewswire/ -- Rockford Fosgate, the industry leader in high-performance audio systems, is excited to announce the addition of Ora Freeman as Senior Director of OEM Marine. In his role, Ora will oversee and lead the Rockford Fosgate OEM Marine initiatives, where his years of industry experience and success will play a pivotal part in expanding Rockford's category relationships and growth. Ora, stated, "Rockford Fosgate is an iconic brand in the audio industry, and I couldn't be more excited to join this team and help lead them to a prominent positi