Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fixtures, and tile systems; hardwood furniture, vinyl printing, amplifiers, tower speakers, soundbars, and subwoofers; solid surface, granite, and quartz countertop fabrication; aluminum products; fiberglass and plastic components; RV paintings; decorative vinyl and paper laminated panels; softwoods lumber; custom cabinetry; polymer-based and other flooring products; and dash panels. This segment also provides wrapped vinyl, paper, and hardwood profile mouldings; interior passage doors; air handling products; slide-out trim and fascia; treated, untreated, and laminated plywood; fiberglass and plastic helm systems and components; boat towers, tops, trailers, and frames; adhesives and sealants; thermoformed shower surrounds; specialty bath, and closet building products; wiring and wire harnesses; aluminum and plastic fuel tanks; CNC molds, composite parts, and marine hardware and accessories; slotwall panels and components; and other products. The company’s Distribution segment distributes pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, and marine accessories; wiring, electrical, and plumbing products; fiber reinforced polyester products; and cement siding, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other products. This segment also offers transportation and logistics services. Patrick Industries, Inc. was incorporated in 1959 and is based in Elkhart, Indiana.
Strategic Evolution | Discover how Patrick's focus on higher-engineered products and aftermarket expansion could offset market volatility and drive future profitability |
Financial Fortitude | Delve into Patrick's robust financial performance, with analysts projecting price targets ranging from $80 to $150, reflecting confidence in the company's outlook |
Sector Dynamics | Explore the complex interplay of RV, marine, and housing markets, and how Patrick Industries adapts to shifting consumer demands and industry trends |
Market Resilience | Patrick Industries navigates economic challenges with a diversified portfolio, showing strong financial health and strategic positioning for long-term growth |

Metrics to compare | PATK | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipPATKPeersSector | |
|---|---|---|---|---|
P/E Ratio | 34.8x | 0.0x | 11.1x | |
PEG Ratio | −1.46 | 0.00 | 0.02 | |
Price / Book | 3.6x | 0.0x | 1.4x | |
Price / LTM Sales | 1.1x | 0.0x | 1.0x | |
Upside (Analyst Target) | −11.2% | 0.0% | 22.9% | |
Fair Value Upside | Unlock | 0.0% | 10.9% | Unlock |