Patrick Industries Net Worth
Patrick Industries Net Worth Breakdown | PATK |
Patrick Industries Net Worth Analysis
Patrick Industries' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Patrick Industries' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Patrick Industries' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Patrick Industries' net worth analysis. One common approach is to calculate Patrick Industries' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Patrick Industries' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Patrick Industries' net worth. This approach calculates the present value of Patrick Industries' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Patrick Industries' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Patrick Industries' net worth. This involves comparing Patrick Industries' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Patrick Industries' net worth relative to its peers.
Enterprise Value |
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To determine if Patrick Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Patrick Industries' net worth research are outlined below:
| Patrick Industries is unlikely to experience financial distress in the next 2 years | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Patrick Industries Inc CEO Andy Nemeth Sells 30,000 Shares |
Patrick Industries Quarterly Good Will |
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Patrick Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Patrick Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Patrick Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Patrick Industries' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Patrick Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patrick Industries backward and forwards among themselves. Patrick Industries' institutional investor refers to the entity that pools money to purchase Patrick Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2024-09-30 | 353.6 K | T. Rowe Price Associates, Inc. | 2024-06-30 | 334.4 K | Macquarie Group Ltd | 2024-06-30 | 328.4 K | Amvescap Plc. | 2024-06-30 | 315.2 K | Gw&k Investment Management, Llc | 2024-09-30 | 286.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 272.2 K | Ing Investment Management Llc | 2024-06-30 | 260.9 K | Northern Trust Corp | 2024-09-30 | 229.6 K | Tributary Capital Management, Llc | 2024-06-30 | 205.8 K | Blackrock Inc | 2024-06-30 | 3.5 M | Fmr Inc | 2024-09-30 | 3.2 M |
Follow Patrick Industries' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.01 B.Market Cap |
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Project Patrick Industries' profitablity
| 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 |
When accessing Patrick Industries' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Patrick Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Patrick Industries' profitability and make more informed investment decisions.
Evaluate Patrick Industries' management efficiency
Patrick Industries 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 48.58 | 51.01 | |
| Tangible Book Value Per Share | (11.30) | (10.74) | |
| Enterprise Value Over EBITDA | 8.29 | 4.22 | |
| Price Book Value Ratio | 2.07 | 1.32 | |
| Enterprise Value Multiple | 8.29 | 4.22 | |
| Price Fair Value | 2.07 | 1.32 | |
| Enterprise Value | 46.8 M | 57.2 M |
Understanding the operational decisions made by Patrick Industries management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue 1.248 | Revenue 3.7 B | Quarterly Revenue Growth 0.062 | Revenue Per Share 168.682 | Return On Equity 0.1432 |
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 are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patrick Industries Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
| 31st of May 2024 Other Reports | ViewVerify |
Patrick Industries Earnings per Share Projection vs Actual
Patrick Industries Corporate Management
| 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 |
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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.