Patrick Industries, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $135.1M | $138.4M | $142.9M | $328.2M | $224.9M | $97.1M | $89.6M | $119.8M |
| Depreciation & Amortization | $170.2M | $166.5M | $144.5M | $130.8M | $104.8M | $73.3M | $62.8M | $55.1M |
| Depreciation | $72.9M | $70.2M | $65.8M | $57.5M | $48.5M | $32.3M | $26.9M | $20.8M |
| Amortization | $97.3M | $96.3M | $78.7M | $73.2M | $56.3M | $40.9M | $35.9M | $34.2M |
| Stock-Based Compensation | $19.1M | $16.8M | $19.4M | $21.8M | $22.9M | $16.0M | $15.4M | $14.0M |
| Net Cash from Operating Activities | $329.4M | $326.8M | $408.7M | $411.7M | $252.1M | $160.2M | $192.4M | $200.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $82.9M | $75.7M | $59.0M | $79.9M | $64.8M | $32.1M | $27.7M | $34.5M |
| Business Acquisitions | $121.7M | $411.7M | $25.9M | $248.9M | $508.1M | $306.0M | $56.0M | $343.3M |
| Net Cash from Investing Activities | $-206.5M | $-512.8M | $-86.5M | $-321.5M | $-574.7M | $-337.9M | $-79.2M | $-371.4M |
| Financing Activities | ||||||||
| Dividends Paid | $55.3M | $50.2M | $42.1M | $32.9M | $27.0M | $23.6M | $5.8M | $0 |
| Stock Repurchases | $32.0M | $4.7M | $18.8M | $77.1M | $48.9M | $23.1M | $3.8M | $107.6M |
| Net Cash from Financing Activities | $-130.1M | $208.2M | $-333.6M | $-190.3M | $400.7M | $83.1M | $19.3M | $175.5M |
| Net Change in Cash | $-7.1M | $22.2M | $-11.4M | $-100.0M | $78.1M | $-94.6M | $132.5M | $4.1M |
| Free Cash Flow | $246.5M | $251.2M | $349.7M | $331.9M | $187.3M | $128.1M | $164.7M | $165.5M |