Patrick Industries, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Oct 2023 | Jul 2023 | Apr 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | $933.5M | $781.2M | $866.1M | $920.7M | $900.1M | $951.9M | $1.11B |
| Cost of Revenue | $785.3M | $728.6M | $602.3M | $667.0M | $710.7M | $705.9M | $750.9M | $875.6M |
| Gross Profit | $231.3M | $204.9M | $178.9M | $199.1M | $210.0M | $194.2M | $201.0M | $236.5M |
| Gross Margin | 22.8% | 21.9% | 22.9% | 23.0% | 22.8% | 21.6% | 21.1% | 21.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $83.6M | $85.2M | $67.6M | $70.9M | $78.5M | $82.4M | $76.5M | $84.9M |
| Operating Income | $84.7M | $59.3M | $57.3M | $71.1M | $75.6M | $56.2M | $67.6M | $92.8M |
| Operating Margin | 8.3% | 6.4% | 7.3% | 8.2% | 8.2% | 6.2% | 7.1% | 8.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $64.3M | $39.3M | $42.0M | $54.2M | $57.3M | $37.8M | $51.9M | $77.5M |
| Income Tax Expense | $16.5M | $4.2M | $11.2M | $14.6M | $15.0M | $7.6M | $11.7M | $18.6M |
| Net Income | $47.9M | $35.1M | $30.8M | $39.6M | $42.4M | $30.2M | $40.2M | $58.8M |
| Net Margin | 4.7% | 3.8% | 3.9% | 4.6% | 4.6% | 3.4% | 4.2% | 5.3% |
| EPS (Basic) | $1.47 | $1.08 | $-0.78 | $1.84 | $1.97 | $1.40 | $1.85 | $2.66 |
| EPS (Diluted) | $1.44 | $1.06 | $-0.77 | $1.81 | $1.94 | $1.35 | $1.68 | $2.43 |
| Shares Outstanding (Basic) | 32.6M | 32.5M | 32.3M | 21.5M | 21.5M | 21.6M | 33.2M | 22.1M |
| Shares Outstanding (Diluted) | 33.3M | 33.1M | 33.0M | 21.9M | 21.8M | 22.5M | 36.7M | 24.4M |
| Dividends Per Share | — | — | — | — | — | — | $0.45 | $0.33 |