Patrick Industries Company Leadership

PATK Stock  USD 135.01  0.62  0.46%   
Patrick Industries' insiders are aggressively selling. The analysis of insiders' sentiment of trading Patrick Industries stock suggests that most insiders are panicking at this time. Patrick Industries employs about 10 K people. The company is managed by 16 executives with a total tenure of roughly 22 years, averaging almost 1.0 years of service per executive, having 625.0 employees per reported executive.
Todd Cleveland  CEO
CEO and Director
Kip Ellis  President
Executive Vice President - Operations, COO

Patrick Industries' Insider Buying Vs Selling

0

 
Selling
 
Buying

Latest Trades

2024-11-25Andy L NemethDisposed 10000 @ 140.64View
2024-11-22Andy L NemethDisposed 20000 @ 135View
2024-09-12Todd M ClevelandDisposed 7500 @ 131.05View
2024-08-29Hugo E GonzalezDisposed 1911 @ 130.11View
2024-03-04Kip B EllisDisposed 7462 @ 121.99View
2024-03-01M Scott WelchDisposed 121 @ 119.05View
2024-02-27Andy L NemethDisposed 5000 @ 116.5View
2024-02-26Kip B EllisDisposed 18000 @ 115View
2024-02-23Andy L NemethDisposed 10000 @ 115View
2024-02-15Michael A KitsonDisposed 3290 @ 110.87View
2023-12-19Andy L NemethDisposed 20000 @ 97View
2023-12-14Kip B EllisDisposed 8000 @ 93.21View
2023-12-13Todd M ClevelandDisposed 10000 @ 88.72View
2023-12-06Andy L NemethDisposed 15000 @ 87View
Monitoring Patrick Industries' insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.

Patrick Industries' Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Patrick Industries' future performance. Based on our forecasts, it is anticipated that Patrick will maintain a workforce of about 10000 employees by January 2025.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Patrick Industries Management Team Effectiveness

The company has return on total asset (ROA) of 0.0597 % which means that it generated a profit of $0.0597 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1432 %, meaning that it created $0.1432 on every $100 dollars invested by stockholders. Patrick Industries' management efficiency ratios could be used to measure how well Patrick Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Patrick Industries' Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.06 this year, although the value of Return On Capital Employed will most likely fall to 0.07. At this time, Patrick Industries' Total Current Liabilities is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 2.7 B this year, although the value of Non Current Liabilities Other will most likely fall to about 10.5 M.
Net Income Applicable To Common Shares is expected to rise to about 396.3 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 17.8 M.

Patrick Industries Workforce Comparison

Patrick Industries is considered to be number one stock in number of employees category among its peers. The total workforce of Industrials industry is at this time estimated at about 24,122. Patrick Industries totals roughly 10,000 in number of employees claiming about 41% of equities under Industrials industry.

Patrick Industries Profit Margins

The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.120.2256
Way Down
Slightly volatile
Net Profit Margin0.04330.0412
Sufficiently Up
Slightly volatile
Operating Profit Margin0.07880.075
Sufficiently Up
Slightly volatile
Pretax Profit Margin0.05790.0551
Sufficiently Up
Slightly volatile
Return On Assets0.05860.0558
Sufficiently Up
Slightly volatile
Return On Equity0.140.1367
Fairly Up
Slightly volatile

Patrick Industries Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patrick Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patrick Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Patrick Industries insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2024-09-01
0.1818
2
11
 44,875 
 107,590 
2024-06-01
4.0
8
2
 9,960 
 2,500 
2024-03-01
0.6667
26
39
 386,867 
 625,991 
2023-12-01
0.1333
4
30
 129,825 
 407,959 
2023-09-01
0.1429
1
7
 58,500 
 115,761 
2023-06-01
0.5714
8
14
 14,424 
 104,375 
2023-03-01
1.2857
18
14
 198,085 
 134,603 
2022-12-01
0.2857
2
7
 230.00 
 5,917 
2022-06-01
1.75
7
4
 13,419 
 15,150 
2022-03-01
2.125
17
8
 198,304 
 123,054 
2021-12-01
0.2222
4
18
 105,000 
 230,016 
2021-06-01
0.75
15
20
 39,582 
 93,708 
2021-03-01
0.4661
55
118
 844,681 
 1,483,932 
2020-12-01
0.4091
9
22
 92,996 
 110,206 
2020-06-01
1.7647
30
17
 459,686 
 110,406 
2020-03-01
0.9545
21
22
 210,128 
 138,685 
2019-09-01
2.0
2
1
 20,000 
 203.00 
2019-06-01
1.1429
8
7
 28,811 
 57,283 
2019-03-01
0.8333
15
18
 304,732 
 64,389 
2018-12-01
0.7
7
10
 55,236 
 356,737 
2018-06-01
8.0
8
1
 17,520 
 3,000 
2018-03-01
1.5714
22
14
 273,766 
 142,480 
2017-12-01
0.1333
4
30
 50,000 
 196,708 
2017-09-01
0.0455
1
22
 42.00 
 95,212 
2017-06-01
2.6667
8
3
 63,016 
 51,400 
2017-03-01
5.625
135
24
 558,836 
 81,975 
2016-09-01
5.0
60
12
 148,768 
 217,780 
2016-06-01
0.2647
9
34
 94,294 
 349,604 
2016-03-01
0.7083
17
24
 209,237 
 397,779 
2015-12-01
0.2727
6
22
 18,000 
 548,200 
2015-09-01
0.1739
8
46
 471,143 
 1,493,093 
2015-06-01
0.75
9
12
 39,426 
 139,909 
2015-03-01
0.3333
9
27
 269,401 
 802,592 
2014-06-01
2.0
8
4
 38,262 
 58,142 
2014-03-01
0.5455
12
22
 225,757 
 421,537 
2013-12-01
0.9231
12
13
 1,673,729 
 2,989,352 
2013-06-01
0.5
11
22
 106,666 
 355,409 
2013-03-01
4.3333
13
3
 353,758 
 552,622 
2012-12-01
0.2
9
45
 285,904 
 720,002 
2012-09-01
0.2727
6
22
 50,000 
 248,070 
2012-06-01
0.4324
16
37
 622,336 
 1,355,879 
2012-03-01
1.0
21
21
 156,350 
 79,750 
2011-09-01
1.0
2
2
 1,550 
 0.00 
2011-06-01
2.5
10
4
 166,150 
 156,500 
2010-06-01
3.25
13
4
 210,035 
 89,035 
2010-03-01
1.5
3
2
 259,673 
 259,173 
2008-09-01
1.0
4
4
 5,250 
 1,567 
2008-03-01
1.8
9
5
 1,192,300 
 4,715 
2007-12-01
0.8333
5
6
 22,393 
 4,716 
2007-09-01
0.25
1
4
 7,500 
 20,000 
2005-12-01
0.75
6
8
 63,375 
 19,250 
2004-12-01
0.3333
1
3
 5,337 
 12,574 
2004-09-01
0.1667
2
12
 10,000 
 68,956 
2004-06-01
1.25
10
8
 76,000 
 34,400 
2004-03-01
0.5
6
12
 36,163 
 69,226 
2003-09-01
0.1579
3
19
 20,625 
 82,040 

Patrick Industries Notable Stakeholders

A Patrick Industries stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Patrick Industries often face trade-offs trying to please all of them. Patrick Industries' stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Patrick Industries' stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Todd ClevelandCEO and DirectorProfile
Kip EllisExecutive Vice President - Operations, COOProfile
Andy RoederExecutive CFOProfile
Andrew RoederExecutive CFOProfile
Jeffrey RodinoCOO and Executive VP of SalesProfile
Jacob PetkovichCFO, OfficerProfile
Attorney DuthieChief VPProfile
Charlie RoederExecutive OfficerProfile
Steve OHaraVice RelationsProfile
Julie KotowskiDirector RelationsProfile
Hugo GonzalezExecutive OfficerProfile
Andy NemethCEO DirectorProfile
Matthew FilerSenior ControllerProfile
Stacey AmundsonExecutive OfficerProfile
Todd GongwerExecutive CultureProfile
Doyle StumpExecutive InnovationProfile

About Patrick Industries Management Performance

The success or failure of an entity such as Patrick Industries often depends on how effective the management is. Patrick Industries management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Patrick management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Patrick management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.11  0.12 
Return On Capital Employed 0.12  0.07 
Return On Assets 0.06  0.06 
Return On Equity 0.14  0.14 

Patrick Industries Workforce Analysis

Traditionally, organizations such as Patrick Industries use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Patrick Industries within its industry.

Patrick Industries Manpower Efficiency

Return on Patrick Industries Manpower

Revenue Per Employee346.8K
Revenue Per Executive216.8M
Net Income Per Employee14.3K
Net Income Per Executive8.9M
Working Capital Per Employee42.6K
Working Capital Per Executive26.6M
When determining whether Patrick Industries is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Patrick Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Patrick Industries Stock. Highlighted below are key reports to facilitate an investment decision about Patrick Industries Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patrick Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Patrick Stock please use our How to buy in Patrick Stock guide.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patrick Industries. If investors know Patrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patrick Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
2.2
Earnings Share
6.96
Revenue Per Share
168.682
Quarterly Revenue Growth
0.062
The market value of Patrick Industries is measured differently than its book value, which is the value of Patrick that is recorded on the company's balance sheet. Investors also form their own opinion of Patrick Industries' value that differs from its market value or its book value, called intrinsic value, which is Patrick Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patrick Industries' market value can be influenced by many factors that don't directly affect Patrick Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patrick Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Patrick Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patrick Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.