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
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Selling | Buying |
Latest Trades
2024-11-25 | Andy L Nemeth | Disposed 10000 @ 140.64 | View | ||
2024-11-22 | Andy L Nemeth | Disposed 20000 @ 135 | View | ||
2024-09-12 | Todd M Cleveland | Disposed 7500 @ 131.05 | View | ||
2024-08-29 | Hugo E Gonzalez | Disposed 1911 @ 130.11 | View | ||
2024-03-04 | Kip B Ellis | Disposed 7462 @ 121.99 | View | ||
2024-03-01 | M Scott Welch | Disposed 121 @ 119.05 | View | ||
2024-02-27 | Andy L Nemeth | Disposed 5000 @ 116.5 | View | ||
2024-02-26 | Kip B Ellis | Disposed 18000 @ 115 | View | ||
2024-02-23 | Andy L Nemeth | Disposed 10000 @ 115 | View | ||
2024-02-15 | Michael A Kitson | Disposed 3290 @ 110.87 | View | ||
2023-12-19 | Andy L Nemeth | Disposed 20000 @ 97 | View | ||
2023-12-14 | Kip B Ellis | Disposed 8000 @ 93.21 | View | ||
2023-12-13 | Todd M Cleveland | Disposed 10000 @ 88.72 | View | ||
2023-12-06 | Andy L Nemeth | Disposed 15000 @ 87 | View |
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.
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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.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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Gross Profit Margin | 0.12 | 0.2256 |
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Net Profit Margin | 0.0433 | 0.0412 |
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Operating Profit Margin | 0.0788 | 0.075 |
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Pretax Profit Margin | 0.0579 | 0.0551 |
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Return On Assets | 0.0586 | 0.0558 |
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Return On Equity | 0.14 | 0.1367 |
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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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total 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 Cleveland | CEO and Director | Profile | |
Kip Ellis | Executive Vice President - Operations, COO | Profile | |
Andy Roeder | Executive CFO | Profile | |
Andrew Roeder | Executive CFO | Profile | |
Jeffrey Rodino | COO and Executive VP of Sales | Profile | |
Jacob Petkovich | CFO, Officer | Profile | |
Attorney Duthie | Chief VP | Profile | |
Charlie Roeder | Executive Officer | Profile | |
Steve OHara | Vice Relations | Profile | |
Julie Kotowski | Director Relations | Profile | |
Hugo Gonzalez | Executive Officer | Profile | |
Andy Nemeth | CEO Director | Profile | |
Matthew Filer | Senior Controller | Profile | |
Stacey Amundson | Executive Officer | Profile | |
Todd Gongwer | Executive Culture | Profile | |
Doyle Stump | Executive Innovation | Profile |
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 Reported | Projected 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 Employee | 346.8K | |
Revenue Per Executive | 216.8M | |
Net Income Per Employee | 14.3K | |
Net Income Per Executive | 8.9M | |
Working Capital Per Employee | 42.6K | |
Working Capital Per Executive | 26.6M |
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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.