Patrick Industries Inc (PATK) — Tangible Net Worth Ratio
Patrick Industries Inc (PATK) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($1.18 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See PATK net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Patrick Industries Inc Tangible Net Worth Ratio (1985–2025)
This chart shows how Patrick Industries Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $1.18 Billion with intangible assets of $0.00 USD. Also explore Patrick Industries Inc net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Patrick Industries Inc (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Patrick Industries Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of Patrick Industries Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $1.18 Billion | $0.00 | $3.08 Billion | ▲ +71.2 pp |
| 2024 | 28.8% | $1.13 Billion | $802.89 Million | $3.02 Billion | ▼ -8.9 pp |
| 2023 | 37.7% | $1.05 Billion | $651.15 Million | $2.67 Billion | ▲ +13.1 pp |
| 2022 | 24.6% | $955.17 Million | $720.23 Million | $2.78 Billion | ▲ +8.0 pp |
| 2021 | 16.6% | $767.56 Million | $640.46 Million | $2.65 Billion | ▼ -1.9 pp |
| 2020 | 18.4% | $559.44 Million | $456.28 Million | $1.75 Billion | ▼ -9.8 pp |
| 2019 | 28.2% | $497.48 Million | $357.01 Million | $1.47 Billion | ▲ +21.9 pp |
| 2018 | 6.3% | $408.75 Million | $382.98 Million | $1.23 Billion | ▼ -22.6 pp |
| 2017 | 28.9% | $370.69 Million | $263.47 Million | $866.64 Million | ▲ +17.6 pp |
| 2016 | 11.3% | $185.45 Million | $164.54 Million | $534.95 Million | ▼ -5.7 pp |
| 2015 | 17.0% | $128.60 Million | $106.76 Million | $386.05 Million | ▼ -34.8 pp |
| 2014 | 51.8% | $102.77 Million | $49.54 Million | $255.56 Million | ▼ -17.1 pp |
| 2013 | 68.9% | $82.31 Million | $25.61 Million | $174.19 Million | ▲ +0.2 pp |
| 2012 | 68.7% | $61.41 Million | $19.22 Million | $143.47 Million | ▲ +8.6 pp |
| 2011 | 60.1% | $28.84 Million | $11.52 Million | $85.77 Million | ▲ +3.6 pp |
| 2010 | 56.4% | $18.14 Million | $7.90 Million | $74.82 Million | ▼ -0.5 pp |
| 2009 | 56.9% | $16.35 Million | $7.05 Million | $77.04 Million | ▼ -7.5 pp |
| 2008 | 64.4% | $20.76 Million | $7.40 Million | $100.49 Million | ▲ +17.8 pp |
| 2007 | 46.5% | $71.93 Million | $38.47 Million | $196.24 Million | ▼ -53.5 pp |
| 2006 | 100.0% | $66.08 Million | $0.00 | $109.15 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $62.68 Million | $0.00 | $99.73 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $60.74 Million | $0.00 | $92.37 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $59.25 Million | $0.00 | $81.14 Million | ▲ +5.0 pp |
| 2002 | 95.0% | $59.28 Million | $2.94 Million | $86.47 Million | ▲ +0.4 pp |
| 2001 | 94.6% | $59.50 Million | $3.21 Million | $91.97 Million | ▲ +4.0 pp |
| 2000 | 90.6% | $66.25 Million | $6.25 Million | $102.52 Million | ▲ +1.2 pp |
| 1999 | 89.4% | $79.57 Million | $8.42 Million | $126.20 Million | ▼ -3.8 pp |
| 1998 | 93.2% | $76.30 Million | $5.20 Million | $127.80 Million | ▲ +4.7 pp |
| 1997 | 88.5% | $68.70 Million | $7.90 Million | $112.20 Million | ▼ -2.7 pp |
| 1996 | 91.2% | $62.30 Million | $5.50 Million | $106.60 Million | ▼ -8.8 pp |
| 1995 | 100.0% | $53.00 Million | $0.00 | $95.90 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $43.40 Million | $0.00 | $87.30 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $36.50 Million | $0.00 | $68.00 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $19.20 Million | $0.00 | $49.90 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $17.80 Million | $0.00 | $44.90 Million | ▲ +1.7 pp |
| 1990 | 98.3% | $18.10 Million | $300.00K | $44.20 Million | ▲ +0.0 pp |
| 1989 | 98.3% | $18.00 Million | $300.00K | $43.30 Million | ▲ +0.0 pp |
| 1988 | 98.3% | $17.70 Million | $300.00K | $44.50 Million | ▲ +0.3 pp |
| 1987 | 98.1% | $15.40 Million | $300.00K | $40.40 Million | ▲ +0.2 pp |
| 1986 | 97.9% | $14.00 Million | $300.00K | $33.10 Million | ▲ +0.7 pp |
| 1985 | 97.1% | $10.50 Million | $300.00K | $32.60 Million | — |