Patrick Industries Inc
NASDAQ:PATK
Income Statement
Earnings Waterfall
Patrick Industries Inc
Revenue
|
3.5B
USD
|
Cost of Revenue
|
-2.7B
USD
|
Gross Profit
|
782.2m
USD
|
Operating Expenses
|
-522m
USD
|
Operating Income
|
260.2m
USD
|
Other Expenses
|
-117.3m
USD
|
Net Income
|
142.9m
USD
|
Income Statement
Patrick Industries Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Apr-2018 | Jul-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Oct-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
595
N/A
|
623
+5%
|
651
+5%
|
693
+6%
|
736
+6%
|
789
+7%
|
835
+6%
|
861
+3%
|
920
+7%
|
976
+6%
|
1 057
+8%
|
1 147
+8%
|
1 222
+7%
|
1 289
+5%
|
1 381
+7%
|
1 484
+7%
|
1 636
+10%
|
1 842
+13%
|
2 040
+11%
|
2 207
+8%
|
2 263
+3%
|
2 319
+2%
|
2 328
+0%
|
2 319
0%
|
2 337
+1%
|
2 318
-1%
|
2 129
-8%
|
2 263
+6%
|
2 487
+10%
|
2 748
+11%
|
3 344
+22%
|
3 703
+11%
|
4 078
+10%
|
4 570
+12%
|
5 026
+10%
|
5 078
+1%
|
4 882
-4%
|
4 440
-9%
|
3 885
-13%
|
3 639
-6%
|
3 468
-5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(504)
|
(527)
|
(549)
|
(582)
|
(617)
|
(662)
|
(699)
|
(721)
|
(768)
|
(813)
|
(880)
|
(956)
|
(1 019)
|
(1 074)
|
(1 150)
|
(1 233)
|
(1 357)
|
(1 523)
|
(1 677)
|
(1 808)
|
(1 847)
|
(1 895)
|
(1 905)
|
(1 899)
|
(1 914)
|
(1 892)
|
(1 742)
|
(1 847)
|
(2 028)
|
(2 237)
|
(2 702)
|
(2 987)
|
(3 277)
|
(3 635)
|
(3 968)
|
(3 992)
|
(3 822)
|
(3 481)
|
(3 043)
|
(2 835)
|
(2 686)
|
|
Gross Profit |
91
N/A
|
96
+5%
|
102
+7%
|
111
+8%
|
119
+7%
|
127
+7%
|
135
+7%
|
140
+4%
|
152
+9%
|
162
+7%
|
177
+9%
|
191
+8%
|
203
+6%
|
215
+6%
|
231
+8%
|
251
+9%
|
279
+11%
|
319
+14%
|
363
+14%
|
400
+10%
|
416
+4%
|
425
+2%
|
423
0%
|
420
-1%
|
423
+1%
|
426
+1%
|
387
-9%
|
416
+8%
|
459
+10%
|
511
+11%
|
642
+26%
|
717
+12%
|
801
+12%
|
935
+17%
|
1 058
+13%
|
1 086
+3%
|
1 060
-2%
|
959
-10%
|
842
-12%
|
804
-4%
|
782
-3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(51)
|
(54)
|
(58)
|
(62)
|
(67)
|
(71)
|
(75)
|
(77)
|
(82)
|
(87)
|
(95)
|
(103)
|
(112)
|
(120)
|
(131)
|
(141)
|
(157)
|
(179)
|
(203)
|
(226)
|
(237)
|
(252)
|
(258)
|
(263)
|
(268)
|
(268)
|
(260)
|
(267)
|
(284)
|
(309)
|
(356)
|
(397)
|
(450)
|
(490)
|
(534)
|
(563)
|
(564)
|
(568)
|
(550)
|
(534)
|
(522)
|
|
Selling, General & Administrative |
(48)
|
(51)
|
(55)
|
(58)
|
(63)
|
(66)
|
(69)
|
(70)
|
(74)
|
(77)
|
(83)
|
(91)
|
(98)
|
(106)
|
(115)
|
(123)
|
(138)
|
(157)
|
(177)
|
(196)
|
(203)
|
(216)
|
(223)
|
(227)
|
(233)
|
(231)
|
(224)
|
(230)
|
(243)
|
(265)
|
(309)
|
(345)
|
(393)
|
(429)
|
(468)
|
(493)
|
(491)
|
(492)
|
(472)
|
(456)
|
(443)
|
|
Depreciation & Amortization |
(2)
|
(3)
|
(3)
|
(4)
|
(5)
|
(5)
|
(7)
|
(8)
|
(9)
|
(10)
|
(11)
|
(13)
|
(13)
|
(15)
|
(16)
|
(18)
|
(19)
|
(22)
|
(27)
|
(30)
|
(34)
|
(36)
|
(35)
|
(36)
|
(36)
|
(37)
|
(36)
|
(37)
|
(41)
|
(41)
|
(47)
|
(52)
|
(56)
|
(61)
|
(66)
|
(70)
|
(73)
|
(76)
|
(78)
|
(78)
|
(79)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
41
N/A
|
42
+3%
|
45
+7%
|
48
+8%
|
52
+7%
|
55
+7%
|
60
+9%
|
63
+5%
|
70
+11%
|
75
+7%
|
83
+10%
|
88
+6%
|
91
+4%
|
94
+4%
|
100
+6%
|
110
+10%
|
122
+11%
|
140
+15%
|
159
+14%
|
174
+9%
|
178
+3%
|
173
-3%
|
165
-5%
|
157
-4%
|
154
-2%
|
158
+2%
|
127
-20%
|
149
+18%
|
175
+18%
|
203
+16%
|
286
+41%
|
319
+12%
|
352
+10%
|
445
+27%
|
524
+18%
|
523
0%
|
496
-5%
|
391
-21%
|
292
-25%
|
271
-7%
|
260
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(9)
|
(11)
|
(15)
|
(21)
|
(26)
|
(31)
|
(33)
|
(35)
|
(37)
|
(38)
|
(40)
|
(42)
|
(43)
|
(44)
|
(48)
|
(52)
|
(58)
|
(62)
|
(62)
|
(62)
|
(61)
|
(64)
|
(68)
|
(70)
|
(69)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
39
N/A
|
40
+3%
|
43
+6%
|
46
+8%
|
49
+7%
|
53
+7%
|
57
+9%
|
59
+4%
|
66
+10%
|
70
+6%
|
77
+10%
|
81
+5%
|
84
+3%
|
87
+3%
|
92
+6%
|
102
+11%
|
113
+11%
|
129
+14%
|
144
+12%
|
153
+7%
|
152
-1%
|
141
-7%
|
131
-7%
|
123
-7%
|
118
-4%
|
120
+2%
|
85
-29%
|
105
+24%
|
130
+24%
|
159
+22%
|
238
+50%
|
267
+12%
|
294
+10%
|
383
+30%
|
462
+20%
|
462
0%
|
435
-6%
|
326
-25%
|
225
-31%
|
201
-10%
|
191
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(15)
|
(15)
|
(16)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
(23)
|
(25)
|
(26)
|
(27)
|
(28)
|
(24)
|
(26)
|
(30)
|
(35)
|
(38)
|
(39)
|
(38)
|
(32)
|
(31)
|
(28)
|
(26)
|
(28)
|
(30)
|
(21)
|
(26)
|
(33)
|
(36)
|
(57)
|
(65)
|
(69)
|
(93)
|
(114)
|
(113)
|
(107)
|
(81)
|
(53)
|
(49)
|
(48)
|
|
Income from Continuing Operations |
24
|
25
|
27
|
28
|
31
|
33
|
36
|
38
|
42
|
45
|
51
|
54
|
56
|
62
|
66
|
72
|
78
|
91
|
105
|
115
|
120
|
111
|
103
|
97
|
90
|
90
|
63
|
79
|
97
|
123
|
182
|
202
|
225
|
290
|
348
|
349
|
328
|
246
|
172
|
152
|
143
|
|
Net Income (Common) |
24
N/A
|
25
+4%
|
27
+6%
|
28
+7%
|
31
+8%
|
33
+7%
|
36
+9%
|
38
+5%
|
42
+12%
|
45
+7%
|
51
+13%
|
54
+6%
|
56
+3%
|
62
+12%
|
66
+5%
|
72
+9%
|
86
+20%
|
98
+15%
|
112
+14%
|
122
+9%
|
120
-2%
|
111
-8%
|
103
-7%
|
97
-6%
|
90
-7%
|
90
+0%
|
63
-30%
|
79
+25%
|
97
+23%
|
123
+27%
|
182
+47%
|
202
+11%
|
225
+12%
|
290
+29%
|
348
+20%
|
349
+0%
|
328
-6%
|
246
-25%
|
172
-30%
|
152
-11%
|
143
-6%
|
|
EPS (Diluted) |
0.99
N/A
|
1.03
+4%
|
1.1
+7%
|
1.17
+6%
|
1.27
+9%
|
1.42
+12%
|
1.54
+8%
|
1.6
+4%
|
1.82
+14%
|
1.98
+9%
|
2.21
+12%
|
2.36
+7%
|
2.43
+3%
|
2.67
+10%
|
2.62
-2%
|
2.86
+9%
|
3.48
+22%
|
3.91
+12%
|
4.56
+17%
|
5.03
+10%
|
4.93
-2%
|
4.76
-3%
|
4.42
-7%
|
4.15
-6%
|
3.85
-7%
|
3.87
+1%
|
2.75
-29%
|
3.42
+24%
|
4.2
+23%
|
5.29
+26%
|
7.76
+47%
|
8.61
+11%
|
9.63
+12%
|
11.65
+21%
|
14.24
+22%
|
14.3
+0%
|
13.41
-6%
|
10.92
-19%
|
7.87
-28%
|
6.95
-12%
|
6.5
-6%
|