Patrick Industries, Inc. (OQ:PATK)

Business Focus: Doors & Window Frames

Sector:  Consumer Cyclicals Industry:  Construction Supplies & Fixtures
 
See Regulatory Filings on SEC
Company Contact
Address: 107 W Franklin St
PO Box 638
ELKHART IN 46515-0638
Tel: N/A
Website: patrickind.com
IR: See website
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Key People
Todd M. Cleveland
Chairman of the Board, Chief Executive Officer
Andrew L. Nemeth
President, Director
Joshua A. Boone
Vice President - Finance, Chief Financial Officer, Treasurer, Secretary
Kip B. Ellis
Executive Vice President - Operations, Chief Operating Officer
Courtney A. Blosser
Chief Human Resource Officer, Executive Vice President - Human Resources
Jeffrey M. Rodino
Executive Vice President - Sales, Chief Sales Officer
Business Overview
Patrick Industries, Inc. is a manufacturer of component products and distributor of building products and materials for the recreational vehicle (RV) and manufactured housing (MH) industrial markets for customers throughout the United States and Canada. In addition, it is a supplier to certain other industrial markets, such as kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, and other industrial markets. The Company's segments include Manufacturing and Distribution. It manufactures a range of products, which include decorative vinyl and paper laminated panels, solid surface, granite and quartz countertops, fabricated aluminum products, wrapped vinyl, paper and hardwood profile mouldings, slide-out trim and fascia, cabinet doors and components, hardwood furniture, fiberglass and plastic component products including front and rear caps and marine helms, interior passage doors, RV painting, and slotwall panels and components, among others.
Financial Overview
For the six months ended 30 June 2019, Patrick Industries, Inc. revenues increased 6% to $1.22B. Net income decreased 26% to $48.3M. Revenues reflect Distribution segment increase of 41% to $363.8M. Net income was offset by Manufacturing segment income decrease of 21% to $93.2M. Basic Earnings per Share excluding Extraordinary Items decreased from $2.66 to $2.09.
Employees: 8,113 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,570M as of Jun 30, 2019
Annual revenue (TTM): $2,328M as of Jun 30, 2019
EBITDA (TTM): $224.52M as of Jun 30, 2019
Net annual income (TTM): $103.17M as of Jun 30, 2019
Free cash flow (TTM): $164.01M as of Jun 30, 2019
Net Debt Last Fiscal Year: $556.27M as of Jun 30, 2019
Shares outstanding: 23,868,886 as of Jul 19, 2019
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization