Patrick Industries Future Growth
Future criteria checks 3/6
Patrick Industries is forecast to grow earnings and revenue by 22.4% and 6.1% per annum respectively while EPS is expected to grow by 19.4% per annum.
Key information
22.4%
Earnings growth rate
19.4%
EPS growth rate
| Auto Components earnings growth | 30.2% |
| Revenue growth rate | 6.1% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 14 Apr 2025 |
Recent future growth updates
Recent updates
At US$74.33, Is Patrick Industries, Inc. (NASDAQ:PATK) Worth Looking At Closely?
Apr 09
Patrick Industries Shows Components Of Inefficiencies And Limited Upside Potential
Feb 10Is Patrick Industries (NASDAQ:PATK) Using Too Much Debt?
Feb 06Patrick Industries, Inc.'s (NASDAQ:PATK) Business Is Yet to Catch Up With Its Share Price
Jan 15Patrick Industries' (NASDAQ:PATK) Dividend Will Be Increased To $0.60
Nov 21Earnings Update: Patrick Industries, Inc. (NASDAQ:PATK) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Nov 03Should You Investigate Patrick Industries, Inc. (NASDAQ:PATK) At US$146?
Oct 18Patrick Industries, Inc. (NASDAQ:PATK) Investors Are Less Pessimistic Than Expected
Oct 03
Innovative Strategies And Acquisitions Poised To Fuel Growth And Expand Market Reach
Sep 09 Strategic diversification and cost management, including acquisitions, are poised to enhance revenue margins and net margins through diversified streams and improved cost structures.Patrick Industries (NASDAQ:PATK) Takes On Some Risk With Its Use Of Debt
Sep 09Patrick Industries: With Key Markets Stabilizing, Shares Deserve More Upside
Jul 29Why Patrick Industries, Inc. (NASDAQ:PATK) Could Be Worth Watching
Jul 12Some May Be Optimistic About Patrick Industries' (NASDAQ:PATK) Earnings
May 22Patrick Industries, Inc.'s (NASDAQ:PATK) CEO Compensation Looks Acceptable To Us And Here's Why
May 10Patrick Industries: An Acquisitions Masterclass For Long-Term Growth
May 04Market Still Lacking Some Conviction On Patrick Industries, Inc. (NASDAQ:PATK)
Apr 24Patrick Industries: Expectations Run A Bit Hot After Its Biggest M&A Deal
Mar 12Are Investors Undervaluing Patrick Industries, Inc. (NASDAQ:PATK) By 32%?
Feb 26Patrick Industries (NASDAQ:PATK) Is Due To Pay A Dividend Of $0.55
Feb 11Patrick Industries, Inc. (NASDAQ:PATK) Might Not Be As Mispriced As It Looks
Jan 23Is Now The Time To Look At Buying Patrick Industries, Inc. (NASDAQ:PATK)?
Jan 04Patrick Industries (NASDAQ:PATK) Will Want To Turn Around Its Return Trends
Dec 19We Think Patrick Industries (NASDAQ:PATK) Is Taking Some Risk With Its Debt
Dec 06Patrick Industries (NASDAQ:PATK) Is Increasing Its Dividend To $0.55
Nov 19What Does Patrick Industries, Inc.'s (NASDAQ:PATK) Share Price Indicate?
Sep 25Capital Allocation Trends At Patrick Industries (NASDAQ:PATK) Aren't Ideal
Aug 16These 4 Measures Indicate That Patrick Industries (NASDAQ:PATK) Is Using Debt Extensively
Jul 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,194 | 219 | 386 | 399 | 9 |
| 12/31/2025 | 3,938 | 181 | 326 | 372 | 9 |
| 12/31/2024 | 3,716 | 138 | 223 | 327 | N/A |
| 9/29/2024 | 3,651 | 155 | 274 | 339 | N/A |
| 6/30/2024 | 3,597 | 153 | 345 | 403 | N/A |
| 3/31/2024 | 3,501 | 148 | 388 | 445 | N/A |
| 12/31/2023 | 3,468 | 143 | 347 | 409 | N/A |
| 10/1/2023 | 3,639 | 152 | 412 | 476 | N/A |
| 7/2/2023 | 3,885 | 172 | 444 | 516 | N/A |
| 4/2/2023 | 4,440 | 246 | 352 | 434 | N/A |
| 12/31/2022 | 4,882 | 328 | 332 | 412 | N/A |
| 9/25/2022 | 5,077 | 349 | 250 | 335 | N/A |
| 6/26/2022 | 5,026 | 348 | 165 | 248 | N/A |
| 3/27/2022 | 4,570 | 290 | 110 | 179 | N/A |
| 12/31/2021 | 4,078 | 225 | 185 | 252 | N/A |
| 9/26/2021 | 3,703 | 202 | 141 | 195 | N/A |
| 6/27/2021 | 3,344 | 182 | 152 | 200 | N/A |
| 3/28/2021 | 2,748 | 123 | 159 | 197 | N/A |
| 12/31/2020 | 2,487 | 97 | 128 | 160 | N/A |
| 9/27/2020 | 2,263 | 79 | 156 | 183 | N/A |
| 6/28/2020 | 2,129 | 63 | 117 | 138 | N/A |
| 3/29/2020 | 2,318 | 90 | 152 | 178 | N/A |
| 12/31/2019 | 2,337 | 90 | 165 | 192 | N/A |
| 9/29/2019 | 2,319 | 97 | 164 | 195 | N/A |
| 6/30/2019 | 2,328 | 103 | 164 | 203 | N/A |
| 3/31/2019 | 2,319 | 111 | 165 | 202 | N/A |
| 12/31/2018 | 2,263 | 120 | 166 | 200 | N/A |
| 9/30/2018 | 2,207 | 122 | N/A | 194 | N/A |
| 7/1/2018 | 2,040 | 112 | N/A | 171 | N/A |
| 4/1/2018 | 1,842 | 98 | N/A | 137 | N/A |
| 12/31/2017 | 1,636 | 86 | N/A | 100 | N/A |
| 9/24/2017 | 1,484 | 70 | N/A | 78 | N/A |
| 6/25/2017 | 1,381 | 64 | N/A | 98 | N/A |
| 3/26/2017 | 1,289 | 60 | N/A | 71 | N/A |
| 12/31/2016 | 1,222 | 56 | N/A | 97 | N/A |
| 9/25/2016 | 1,147 | 54 | N/A | 93 | N/A |
| 6/26/2016 | 1,057 | 51 | N/A | 59 | N/A |
| 3/27/2016 | 976 | 46 | N/A | 85 | N/A |
| 12/31/2015 | 920 | 42 | N/A | 67 | N/A |
| 9/27/2015 | 861 | 37 | N/A | 48 | N/A |
| 6/28/2015 | 835 | 36 | N/A | 56 | N/A |
| 3/29/2015 | 789 | 33 | N/A | 35 | N/A |
| 12/31/2014 | 736 | 31 | N/A | 46 | N/A |
| 9/28/2014 | 693 | 28 | N/A | 24 | N/A |
| 6/29/2014 | 651 | 27 | N/A | 24 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PATK's forecast earnings growth (22.4% per year) is above the savings rate (2.8%).
Earnings vs Market: PATK's earnings (22.4% per year) are forecast to grow faster than the US market (13.5% per year).
High Growth Earnings: PATK's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PATK's revenue (6.1% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: PATK's revenue (6.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if PATK's Return on Equity is forecast to be high in 3 years time
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/16 22:21 |
| End of Day Share Price | 2025/04/16 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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 13 analysts. 9 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 |
| Michael Albanese | Benchmark Company |
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |