Patrick Industries PATK
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Patrick Industries (PATK) Business Model and Operations Summary
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured housing industries. One of the firm's RV customers makes up a portion of revenue.
Key Insights
Patrick Industries (PATK) Core Market Data and Business Metrics
Latest Closing Price
$85.11Market Cap
$2.85 BillionPrice-Earnings Ratio
20.71Total Outstanding Shares
33.65 Million SharesTotal Employees
10,000Dividend
$0.40 Per Share QuarterlyIPO Date
March 27, 1990SIC Description
Motor Vehicle Parts & AccessoriesPrimary Exchange
NASDAQHeadquarters
107 West Franklin Street, Elkhart, IN, 46516
Historical Stock Splits
If you bought 1 share of PATK before June 1, 2015, you'd have 3.38 shares today.
| Execution Date | Split Amount |
|---|---|
| December 16, 2024 | 3-for-2 |
| December 11, 2017 | 3-for-2 |
| June 1, 2015 | 3-for-2 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $22.15 Million |
| Net Cash Flow | $22.15 Million |
| Net Cash Flow From Financing Activities | $208.16 Million |
| Net Cash Flow From Operating Activities | $326.84 Million |
| Net Cash Flow From Operating Activities, Continuing | $326.84 Million |
| Net Cash Flow From Investing Activities | $-512.85 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Income/Loss Available To Common Stockholders, Basic | $138.40 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Costs And Expenses | $3.54 Billion |
| Income Tax Expense/Benefit | $40.17 Million |
| Other Operating Expenses | $252.10 Million |
| Basic Earnings Per Share | $4.25 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss Attributable To Parent | $73,000 |
| Comprehensive Income/Loss Attributable To Parent | $138.47 Million |
| Other Comprehensive Income/Loss | $138.47 Million |
| Comprehensive Income/Loss | $138.47 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Wages | $50.10 Million |
| Accounts Payable | $187.91 Million |
| Liabilities And Equity | $3.02 Billion |
| Noncurrent Liabilities | $1.54 Billion |
| Current Liabilities | $353.62 Million |
| Other Non-current Assets | $1.01 Billion |
Historical Dividends
Current dividend: $0.40 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 3, 2025 | Mar 3, 2025 | Feb 18, 2025 | $0.4 | Quarterly |
| Nov 14, 2024 | Dec 9, 2024 | Nov 25, 2024 | $0.6 | Quarterly |
| Aug 15, 2024 | Sep 9, 2024 | Aug 26, 2024 | $0.55 | Quarterly |
| May 16, 2024 | Jun 17, 2024 | Jun 3, 2024 | $0.55 | Quarterly |
| Feb 5, 2024 | Mar 4, 2024 | Feb 20, 2024 | $0.55 | Quarterly |
| Nov 15, 2023 | Dec 11, 2023 | Nov 27, 2023 | $0.55 | Quarterly |