Patrick Industries Past Earnings Performance
Past criteria checks 2/6
Patrick Industries has been growing earnings at an average annual rate of 29.3%, while the Auto Components industry saw earnings growing at 9.5% annually. Revenues have been growing at an average rate of 21.2% per year. Patrick Industries's return on equity is 25.3%, and it has net margins of 5.5%.
Key information
29.3%
Earnings growth rate
31.2%
EPS growth rate
| Auto Components Industry Growth | 9.6% |
| Revenue growth rate | 21.2% |
| Return on equity | 25.3% |
| Net Margin | 5.5% |
| Last Earnings Update | 02 Apr 2023 |
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 02 Apr 23 | 4,440 | 246 | 493 | 0 |
| 31 Dec 22 | 4,882 | 328 | 491 | 0 |
| 25 Sep 22 | 5,077 | 349 | 493 | 0 |
| 26 Jun 22 | 5,026 | 348 | 468 | 0 |
| 27 Mar 22 | 4,570 | 290 | 429 | 0 |
| 31 Dec 21 | 4,078 | 225 | 393 | 0 |
| 26 Sep 21 | 3,703 | 202 | 343 | 0 |
| 27 Jun 21 | 3,344 | 182 | 307 | 0 |
| 28 Mar 21 | 2,748 | 123 | 263 | 0 |
| 31 Dec 20 | 2,487 | 97 | 245 | 0 |
| 27 Sep 20 | 2,263 | 79 | 229 | 0 |
| 28 Jun 20 | 2,129 | 63 | 223 | 0 |
| 29 Mar 20 | 2,318 | 90 | 231 | 0 |
| 31 Dec 19 | 2,337 | 90 | 233 | 0 |
| 29 Sep 19 | 2,319 | 97 | 227 | 0 |
| 30 Jun 19 | 2,328 | 103 | 223 | 0 |
| 31 Mar 19 | 2,319 | 111 | 216 | 0 |
| 31 Dec 18 | 2,263 | 120 | 203 | 0 |
| 30 Sep 18 | 2,207 | 122 | 196 | 0 |
| 01 Jul 18 | 2,040 | 112 | 177 | 0 |
| 01 Apr 18 | 1,842 | 98 | 157 | 0 |
| 31 Dec 17 | 1,636 | 86 | 138 | 0 |
| 24 Sep 17 | 1,484 | 70 | 123 | 0 |
| 25 Jun 17 | 1,381 | 64 | 115 | 0 |
| 26 Mar 17 | 1,289 | 60 | 106 | 0 |
| 31 Dec 16 | 1,222 | 56 | 98 | 0 |
| 25 Sep 16 | 1,147 | 54 | 91 | 0 |
| 26 Jun 16 | 1,057 | 51 | 83 | 0 |
| 27 Mar 16 | 976 | 46 | 77 | 0 |
| 31 Dec 15 | 920 | 42 | 74 | 0 |
| 27 Sep 15 | 861 | 37 | 70 | 0 |
| 28 Jun 15 | 835 | 36 | 69 | 0 |
| 29 Mar 15 | 789 | 33 | 66 | 0 |
| 31 Dec 14 | 736 | 31 | 63 | 0 |
| 28 Sep 14 | 693 | 28 | 58 | 0 |
| 29 Jun 14 | 651 | 27 | 55 | 0 |
| 30 Mar 14 | 623 | 25 | 51 | 0 |
| 31 Dec 13 | 595 | 24 | 48 | 0 |
| 29 Sep 13 | 554 | 22 | 45 | 0 |
| 30 Jun 13 | 521 | 23 | 43 | 0 |
| 31 Mar 13 | 477 | 29 | 40 | 0 |
| 31 Dec 12 | 437 | 28 | 37 | 0 |
| 30 Sep 12 | 410 | 26 | 36 | 0 |
| 01 Jul 12 | 374 | 24 | 34 | 0 |
Quality Earnings: PATK * has high quality earnings.
Growing Profit Margin: PATK *'s current net profit margins (5.5%) are lower than last year (6.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PATK *'s earnings have grown significantly by 29.3% per year over the past 5 years.
Accelerating Growth: PATK *'s has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PATK * had negative earnings growth (-16.4%) over the past year, making it difficult to compare to the Auto Components industry average (17.4%).
Return on Equity
High ROE: Whilst PATK *'s Return on Equity (25.33%) is high, this metric is skewed due to their high level of debt.