Is the business good?
How good a business is PATK?
Patrick Industries, Inc. earns 8.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.6%
Return on invested capital · cost of capital 9.0% · 0.43 points below what the capital costs: growth destroys value
- Operating margin
- 7.0%
Operating margin · Consumer Cyclical median 8.4% · 12 months to Q1 2026
- Cash conversion
- 1.42×
Cash conversion · 1.78× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +4.7%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 7.0% |
| FY2021 | 8.6% |
| FY2022 | 10% |
| FY2023 | 7.5% |
| FY2024 | 6.9% |
| FY2025 | 7.0% |
Details›
- Gross margin12 months to Q1 2026
- 23%
- Operating margin12 months to Q1 2026
- 7.0%
- Net margin12 months to Q1 2026
- 3.5%
- Free cash flow margin
- 4.9%
- Revenue, trailing twelve months
- $3.94B
- Free cash flow, trailing twelve months
- $194M
- Net income, trailing twelve months
- $136M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Consumer Cyclical
Ranks #126 of 255 by Smart Score