Patrick Industries Past Earnings Performance

Past criteria checks 4/6

Patrick Industries's earnings have been declining at an average annual rate of -17%, while the Auto Components industry saw earnings declining at 1.9% annually. Revenues have been declining at an average rate of 2.5% per year. Patrick Industries's return on equity is 13%, and it has net margins of 3.7%.

Key information

-16.97%

Earnings growth rate

-15.82%

EPS growth rate

Auto Components Industry Growth	9.64%
Revenue growth rate	-2.51%
Return on equity	13.02%
Net Margin	3.74%
Last Earnings Update	28 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Patrick Industries makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BRSE:PK2 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
28 Jun 26	3,939	147	547
29 Mar 26	3,945	136	539
31 Dec 25	3,951	135	540
28 Sep 25	3,873	121	531
29 Jun 25	3,817	126	514
30 Mar 25	3,786	142	497
31 Dec 24	3,716	138	482
29 Sep 24	3,651	155	461
30 Jun 24	3,597	153	456
31 Mar 24	3,501	148	448
31 Dec 23	3,468	143	443
01 Oct 23	3,639	152	456
02 Jul 23	3,885	172	472
02 Apr 23	4,440	246	492
31 Dec 22	4,882	328	491
25 Sep 22	5,077	349	493
26 Jun 22	5,026	348	468
27 Mar 22	4,570	290	429
31 Dec 21	4,078	225	393
26 Sep 21	3,703	202	343
27 Jun 21	3,344	182	307
28 Mar 21	2,748	123	263
31 Dec 20	2,487	97	245
27 Sep 20	2,263	79	229
28 Jun 20	2,129	63	223
29 Mar 20	2,318	90	231
31 Dec 19	2,337	90	233
29 Sep 19	2,319	97	227
30 Jun 19	2,328	103	223
31 Mar 19	2,319	111	216
31 Dec 18	2,263	120	203
30 Sep 18	2,207	122	196
01 Jul 18	2,040	112	177
01 Apr 18	1,842	98	157
31 Dec 17	1,636	86	138
24 Sep 17	1,484	70	123
25 Jun 17	1,381	64	115
26 Mar 17	1,289	60	106
31 Dec 16	1,222	56	98
25 Sep 16	1,147	54	91
26 Jun 16	1,057	51	83
27 Mar 16	976	46	77
31 Dec 15	920	42	74
27 Sep 15	861	37	70

Quality Earnings: PK2 has high quality earnings.

Growing Profit Margin: PK2's current net profit margins (3.7%) are higher than last year (3.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PK2's earnings have declined by 17% per year over the past 5 years.

Accelerating Growth: PK2's earnings growth over the past year (16.6%) exceeds its 5-year average (-17% per year).

Earnings vs Industry: PK2 earnings growth over the past year (16.6%) exceeded the Auto Components industry 1.9%.

Return on Equity

High ROE: PK2's Return on Equity (13%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/16 23:35
End of Day Share Price	2026/09/16 00:00
Earnings	2026/06/28
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Patrick Industries, Inc. is covered by 15 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Craig Kennison	Baird
Tristan Thomas-Martin	BMO Capital Markets Equity Research
Andrew Didora	BofA Global Research