Patrick Industries Inc
NASDAQ:PATK

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Patrick Industries Inc
NASDAQ:PATK
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Price: 83.08 USD 0.45%
Market Cap: 2.8B USD
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Gross Margin
Patrick Industries Inc

22.7%
Current
21%
Average
20.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.7%
=
Gross Profit
827.6m
/
Revenue
3.7B

Gross Margin Across Competitors

Country US
Market Cap 2.8B USD
Gross Margin
23%
Country KR
Market Cap 83.5T KRW
Gross Margin
-3%
Country JP
Market Cap 6.4T JPY
Gross Margin
15%
Country CN
Market Cap 162.8B CNY
Gross Margin
37%
Country KR
Market Cap 21.4T KRW
Gross Margin
13%
Country IE
Market Cap 14.2B USD
Gross Margin
19%
Country JP
Market Cap 2.2T JPY
Gross Margin
18%
Country DE
Market Cap 13B EUR
Gross Margin
22%
Country IN
Market Cap 1.1T INR
Gross Margin
46%
Country CA
Market Cap 17.3B CAD
Gross Margin
13%
Country IN
Market Cap 1T INR
Gross Margin
36%
No Stocks Found

Patrick Industries Inc
Glance View

Market Cap
2.8B USD
Industry
Auto Components

Patrick Industries Inc., with origins rooted in the heart of the Midwest, is a testament to the enduring spirit of American manufacturing and distribution. Founded in 1959, the company has meticulously fashioned its niche in the lifestyle materials sector, largely serving the RV, marine, manufactured housing, and industrial markets. Picture a spider weaving an intricate web; Patrick Industries has broadened its reach through a combination of organic growth and strategic acquisitions, creating a robust interconnected network of brands and products. This network allows the company to supply essential components—from decorative vinyl and hardwood products to furniture and lighting solutions—that transform the raw essence of these industries into consumer-ready splendor. At the core, Patrick Industries functions like a knowledgeable curator, keenly aware of the pulse and flow of industry demand. Their business model thrives on understanding the nuanced requirements of various sectors, whether it's creating the perfect countertop for an RV or crafting elegant cabinetry for a leisure yacht. By operating manufacturing facilities complemented by an adept distribution arm, Patrick Industries orchestrates a symphony of logistics and production, ensuring their tailored products reach customers swiftly and efficiently. Through their vertically integrated operations, the company not only solidifies its market presence but continually enhances its ability to generate revenue and remain a frontrunner in supplying high-demand, specialized components that are key to modern leisure lifestyle experiences.

PATK Intrinsic Value
44.51 USD
Overvaluation 46%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
22.7%
=
Gross Profit
827.6m
/
Revenue
3.7B
What is the Gross Margin of Patrick Industries Inc?

Based on Patrick Industries Inc's most recent financial statements, the company has Gross Margin of 22.7%.