Patrick Industries Inc - Company Profile
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Patrick Industries Inc (PII) is a manufacturer of building products. It distributes products primarily for manufactured housing (MH), recreational vehicle (RV), marine and industrial markets. It sells decorative interior products and components, including primarily manufactured panels, hardwood and pressed doors, moldings and trim, fascia, furniture, countertops and fiberglass bath fixtures and tile systems. PII's other products include towers, wiring and wire harnesses, boat covers, tops and frames, and others. It markets and sells products under various brands such as AMC, LaSalle Bristol, MSM and Premier Concepts. The company has a presence in the Netherlands, China, Canada and the US. PII is headquartered in Elkhart, Indiana, the US
Headquarters
United States of America
Address
107 West Franklin Street, Po Box 638, Elkhart, Indiana, 46515
Website
patrickind.com
Telephone
1 574 2947511
No of Employees
10,000
Industry
Construction
Ticker Symbol & Exchange
PATK (NASD)
Revenue (2022)
$3.5B
-29%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-56.5%
(2022 vs 2021)
Market Cap*
$2.4B
Net Profit Margin (2022)
XYZ
-38.7%
(2022 vs 2021)
* As of and is in US$
Patrick Industries Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Decorative Vinyl | Adorn |
| Paper Laminated Panels | AIA Countertops |
| Solid Surface, Granite and Quartz Countertop Fabrication | All Counties Glass |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired Sportech, LLC for US$315 million. |
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired BTI Transport, a trucking company. |
| 2022 | Acquisitions/Mergers/Takeovers | In November, the company completed the acquisition of Transhield. |
Competitor Comparison
| Key Parameters | Patrick Industries Inc | Builders FirstSource Inc | Winnebago Industries Inc | American Woodmark Corp | Lippert Components, Inc. |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Elkhart | Irving | Eden Prairie | Winchester | Elkhart |
| State/Province | Indiana | Texas | Minnesota | Virginia | Indiana |
| No. of Employees | 10,000 | 29,000 | 6,250 | 8,800 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Todd M Cleveland | Chairman | Executive Board | 2023 | 56 |
| Andy L Nemeth | Director; Chief Executive Officer | Executive Board | 2020 | 55 |
| Joel D. Duthie | Secretary; Executive Vice President; Chief Legal Officer | Executive Board | 2021 | 49 |
| Andy Roeder | Executive Vice President - Finance; Treasurer; Chief Financial Officer | Senior Management | 2024 | - |
| Kip B Ellis | Chief Operating Officer; Executive Vice President - Operations | Senior Management | 2016 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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