CSIMarket


Patrick Industries Inc   (PATK)
Other Ticker:  
 


 

Patrick Industries Inc

PATK's Financial Statements and Analysis



Patrick Industries Inc reported in the forth quarter of 2023 net earnings per share of $1.44 a decrease by -10.07 % year on year from $1.60 and decline of -20.64 % from $1.81 earned in III. Quarter (Oct 01 2023).


forth quarter of 2023
Earnings Per Share Revenues
$ 1.44 $  782 Mill
$-0.16     -10.07 % $-170M     -17.84 %



Patrick Industries Inc 's Revenue fell by -17.84 % in forth quarter of 2023 (Dec 31 2023) year on year, to $782 million and declined by -9.6 % sequentially.


Patrick Industries Inc is

More on PATK's Income Statement



Patrick Industries Inc 's net income of $30.817 million in the forth quarter of 2023 decreased by -23.3 % from net earnings of $40.180 million achieved in IV. Quarter a year ago.

Sequentially net earnings fell by -22.08 % from net income of $39.550 million realized in previous quarter.

More on PATK's Growth

Patrick Industries Inc Inventories
Inventories declined by -23.61 % to $510.13 million from IV. Quarter a year ago, sequentially inventories fell by -1.45 %. In Dec 31 2023 company's net cash and cash equivalents decreased by $-5 million, capital expenditures grew by -16.446-47.79%, to $-9 millions compare to same quarter a year ago

More on PATK's Cash flow Statement


Patrick Industries Inc payed out dividend of $1.91 per share in last 52 weeks representing 29.20 % of net earning per share in trailing twelve-month period.

During the same period Patrick Industries Inc earned $ 18.59 cash per share, on a free-cash flow basis 284.24 % of net earning per share.

Book value grew by 0.90 % sequentially to $47.55 per share, 126.81% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -11.06 per share from $ -12.65.

Company issued 0.10 million shares or 0.46 % in Dec 31 2023.
Interest Coverage Ratio was 3.77. Debt Coverage Ratio was 0.22.

More on PATK's Dividends

 Market Capitalization (Millions) 2,626
 Shares Outstanding (Millions) 22
 Total Debt (Millions $) 1,026
 Revenue (TTM) (Millions $) 3,467
 Net Income (TTM) (Millions $) 143
 Cash Flow (TTM) (Millions $) -11
 Capital Exp. (TTM) (Millions $) -59
 Dividend TTM ($) 1.91 $
 Dividend Yield TTM (%) 1.81 %
 Employees (TTM) $ 4,497




Patrick Industries Inc payed out dividend of $1.91 per share in the last 52 weeks representing 29.20 % of net earning per share in trailing twelve-month period.

During the same period Patrick Industries Inc had $ 18.59 cash flow per share, on a free-cash flow basis 284.24 % of net earning per share.

Book value grew by 0.90 % sequentially to $47.55 per share, 126.81% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -11.06 per share from $ -12.65.

Company issued 0.10 million shares or 0.46 % in Dec 31 2023.
Interest Coverage Ratio was 3.77. Debt Coverage Ratio was 0.22.

More on PATK's Balance Sheets

 Market Capitalization (Millions) 2,626
 Shares Outstanding (Millions) 22
 Total Debt (Millions $) 1,026
 Revenue (TTM) (Millions $) 3,467
 Net Income (TTM) (Millions $) 143
 Cash Flow (TTM) (Millions $) -11
 Capital Exp. (TTM) (Millions $) -59
 Dividend TTM ($) 1.91 $
 Dividend Yield TTM (%) 1.81 %
 Employees (TTM) $ 4,497
   


  News about Patrick Industries Inc Earnings

Investors wary as Patrick Industries Inc faces declining revenue and earnings in fiscal fourth quarter of 2023

Patrick Industries Inc has experienced a mix of positive and negative financial results in recent times. While the company has seen a s...

Patrick Industries Inc. Reports Declining Revenue in Recent Fiscal Period

Patrick Industries...

Patrick Industries Inc Overcomes Impressive Challenges, Surges in Second Quarter 2023 Earnings!

Investors Worried about Patrick Industries Inc's Future Performance as Fiscal Q2 Results Disappoint
Patrick Industries Inc, a leading company in the Auto and Truck Parts industry, recently reported its fiscal second-quarter results for 2023, and it seems like the company is facing some significant challenges. Investors are starting to worry about the future performance of the company, especially after a sharp decline in key financial indicators.
One of the most concerning aspects of Patrick Industries Inc's Q2 report is the drastic decrease in income per share. Compared to the same period last year, the company experienced a staggering decline of -59.5%, with income per share dropping from $4.79 to $...

An Eye-Catching Slump in Revenue Hits Patrick Industries Inc as Return on Equity Plummets in Q1 2023

Patrick Industries Inc's Return on Equity Falls in Q1 2023
In its first...


Date modified: 2024-03-01T05:21:18+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com