PATRICK INDUSTRIES INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 19, 2026
PATK$79.70-2.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| ($ in thousands, except per share data) | 2025 | 2024 | 2023 |
| Net sales | $3,950,773 | $3,715,683 | $3,468,045 |
| Cost of goods sold | 3,037,913 | 2,879,793 | 2,685,812 |
| Gross profit | 912,860 | 835,890 | 782,233 |
| Operating expenses: | |||
| Warehouse and delivery | 177,969 | 155,821 | 143,921 |
| Selling, general and administrative | 361,588 | 325,754 | 299,418 |
| Amortization of intangible assets | 97,314 | 96,275 | 78,694 |
| Total operating expenses | 636,871 | 577,850 | 522,033 |
| Operating Income | 275,989 | 258,040 | 260,200 |
| Interest expense, net | 74,507 | 79,470 | 68,942 |
| Other expenses | 24,420 | — | — |
| Income before income taxes | 177,062 | 178,570 | 191,258 |
| Income taxes | 42,006 | 40,169 | 48,361 |
| Net income | $135,056 | $138,401 | $142,897 |
| Basic earnings per common share | $4.16 | $4.25 | $4.43 |
| Diluted earnings per common share | $3.90 | $4.11 | $4.33 |
| Weighted average shares outstanding - Basic | 32,488 | 32,568 | 32,278 |
| Weighted average shares outstanding - Diluted | 34,637 | 33,699 | 33,038 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.