Patrick Industries Inc (PATK) — Tangible Net Worth Ratio

Latest as of December 2025: 100.0%

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 Patrick Industries Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$1.18 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$3.08 Billion
USD

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. See Patrick Industries Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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 value 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
pp = percentage points