PATRICK INDUSTRIES INC(PATK)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #1,129 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PATK Stock Analysis & AI Quality Score
AI stock analysis and institutional research for PATRICK INDUSTRIES INC (PATK), a Industrials sector company. 13F Pro's AI-powered ranking engine scores PATK at 56.0/100 on a 32-signal composite quality model, placing it at rank #1,129 of 2,879 stocks — the top half of the AI-ranked universe. Areas of concern include earnings quality (37.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), PATRICK INDUSTRIES INC reports quarterly revenue of $997.2M, net income of $39.5M, an operating margin of 6.5%. Top institutional holders of PATK by reported 13-F value include BlackRock,, FMR, WELLINGTON MANAGEMENT GROUP LLP, based on the most recent SEC filings. PATK trades on the Nasdaq exchange and files with the SEC under CIK 76605. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PATK daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PATRICK INDUSTRIES INC directly from SEC EDGAR. PATRICK INDUSTRIES INC's 13F Pro composite quality score has ranged between 46 and 71 since 2021, currently 56.0 — a stable long-term trajectory across 30 quarterly and live scoring snapshots.
Revenue
Q1 2026
$997.2M
Net Income
Q1 2026
$39.5M
Free Cash Flow
Q1 2026
$-32.9M
Operating Margin
Q1 2026
6.5%
ROIC
Q1 2026
2.5%
D/E Ratio
Q1 2026
1.17
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+6.3% YoYNet Income
-2.4% YoYOperating Income
+7.0% YoYEPS (Diluted)
-5.1% YoYTotal Assets
+1.8% YoYTotal Debt
-2.3% YoYOp. Cash Flow
+0.8% YoY| Metric | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $3.95B +6.3% | $3.72B -23.9% | $4.88B +19.7% | $4.08B +64.0% | $2.49B +52.0% | $1.64B |
| Net Income | $135.1M -2.4% | $138.4M -57.8% | $328.2M +45.9% | $224.9M +131.7% | $97.1M +13.2% | $85.7M |
| Operating Income | $276.0M +7.0% | $258.0M -48.0% | $496.2M +41.1% | $351.7M +102.9% | $173.4M +42.2% | $121.9M |
| EPS (Diluted) | $3.90 -5.1% | $4.11 -31.4% | $5.99 -6.6% | $6.42 +129.3% | $2.80 +20.7% | $2.32 |
| Total Assets | $3.08B +1.8% | $3.02B +8.6% | $2.78B +5.0% | $2.65B +51.2% | $1.75B +102.3% | $866.6M |
| Total Debt | $1.31B -2.3% | $1.34B +2.5% | $1.31B -4.5% | $1.37B +61.4% | $847.5M +139.5% | $353.9M |
| Operating Cash Flow | $329.4M +0.8% | $326.8M -20.6% | $411.7M +63.3% | $252.1M +57.4% | $160.2M +60.3% | $99.9M |
AI Insight: PATK Financial Trends
Revenue holds near $1B but net income and operating cash flow are deteriorating, with Q1 2026 FCF turning negative for the first time in the visible period.
• Revenue has been range-bound between $846M and $1,048M over eight quarters, showing no sustained growth trajectory.
• Net income fell from $48M in Q2 2024 to $39M in Q1 2026, with Q4 2025 dropping to just $29M — a multi-quarter compression.
• Operating cash flow collapsed to $9M in Q3 2025 and turned negative at -$14M in Q1 2026, versus $137M in Q2 2024.
• Total debt remains elevated at $1,385M in Q1 2026, near the high of $1,429M, while equity has grown modestly from $1,099M to $1,188M.
⚠ Operating cash flow turning negative (-$14M) in Q1 2026 is a sharp red flag; sustained negative OCF would pressure debt service capacity.
⚠ Operating margin contracted from 8.4% in Q2 2024 to 6.5% in Q1 2026 — monitor whether cost pressures are structural or cyclical.
⚠ Debt-to-equity ratio rose to 1.17x in Q1 2026 from 1.20x in Q1 2025 — modest improvement, but leverage remains high relative to weakening earnings.
AI Insight: PATK Ratio Trends
PATK's profitability has structurally compressed since Q2 2024 peaks, with OpMargin and ROIC both running roughly 200bps below mid-2024 highs.
• Operating margin peaked at 8.3% in Q2 2024 and Q2 2025, but the TTM sits at 7.0%, signaling sustained compression outside seasonal peaks.
• ROIC declined from 14.0% in Q2 2024 to 10.1% in Q1 2026, reflecting weaker capital productivity over the past year.
• Leverage (D/E) has edged down from 1.25 in Q1 2025 to 1.17 in Q1 2026, a modest but consistent deleveraging trend.
• Q1 2026 NPM of 4.0% is the highest single-quarter reading since Q2 2024's 4.7%, suggesting a tentative bottom in net profitability.
⚠ Q4 seasonality caused sharp margin collapses in both Q4 2024 (OpMargin 4.7%) and Q4 2025 (6.2%); watch whether Q4 2026 deteriorates further.
⚠ ROIC has not recovered to Q2 2024's 14.0% peak despite two full years of data; stalling here would signal a permanent step-down in returns.
⚠ D/E trending down from 1.25 to 1.10–1.17 range — continued deleveraging could meaningfully reduce interest burden and support ROE recovery.
Get alerted when PATK's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for PATRICK INDUSTRIES INC including:
Top Institutional Holders of PATK
BlackRock, Inc.
$529.2M4,764,536 shFMR LLC
$397.8M3,581,327 shWELLINGTON MANAGEMENT GROUP LLP
$194.9M1,754,496 shDIMENSIONAL FUND ADVISORS LP
$161.2M1,451,214 shVANGUARD CAPITAL MANAGEMENT LLC
$159.1M1,432,553 shCapital Research Global Investors
$151.1M1,360,530 shCapital World Investors
$142.7M1,284,401 shSTATE STREET CORP
$138.9M1,250,577 shCITADEL ADVISORS LLC
$108.0M62,279,000 shInvesco Ltd.
$104.4M939,825 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $529.2M | 4,764,536 |
| FMR LLC | $397.8M | 3,581,327 |
| WELLINGTON MANAGEMENT GROUP LLP | $194.9M | 1,754,496 |
| DIMENSIONAL FUND ADVISORS LP | $161.2M | 1,451,214 |
| VANGUARD CAPITAL MANAGEMENT LLC | $159.1M | 1,432,553 |
| Capital Research Global Investors | $151.1M | 1,360,530 |
| Capital World Investors | $142.7M | 1,284,401 |
| STATE STREET CORP | $138.9M | 1,250,577 |
| CITADEL ADVISORS LLC | $108.0M | 62,279,000 |
| Invesco Ltd. | $104.4M | 939,825 |
More Industrials Companies
View all Industrials →Put PATK on your watchlist
Track score changes the day PATRICK INDUSTRIES INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is PATK a good stock to buy?
13F Pro's AI-powered analysis of PATRICK INDUSTRIES INC (PATK) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PATK are available on the PATK stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PATK?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PATK. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PATRICK INDUSTRIES INC's investment landscape.