Patrick Industries Inc
Patrick Industries, Inc. manufactures and distributes component products and materials for the recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. Its Manufacturing segment manufactures and sells laminated products for furniture, shelving, wall, countertop, and cabinet products; cabinet doors, fiberglass bath fix… Read more
Patrick Industries Inc (PATK) - Total Assets
Latest total assets as of December 2025: $3.08 Billion USD
Based on the latest financial reports, Patrick Industries Inc (PATK) holds total assets worth $3.08 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Patrick Industries Inc - Total Assets Trend (1985–2025)
This chart illustrates how Patrick Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Patrick Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Patrick Industries Inc's total assets of $3.08 Billion consist of 28.4% current assets and 71.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.9% |
| Accounts Receivable | $185.41 Million | 6.0% |
| Inventory | $595.26 Million | 19.4% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $1.58 Billion | 51.5% |
Asset Composition Trend (1985–2025)
This chart illustrates how Patrick Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Patrick Industries Inc's current assets represent 28.4% of total assets in 2025, a decrease from 60.7% in 1985.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2025, down from 4.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 51.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is goodwill at 51.5% of total assets.
Patrick Industries Inc Competitors by Total Assets
Key competitors of Patrick Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
KR Motors Co. Ltd.
KO:000040
|
Korea | ₩96.16 Billion |
|
MasterCraft Boat Holdings Inc
F:1SG
|
Germany | €259.31 Million |
|
SA Catana Group
PA:CATG
|
France | €225.89 Million |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥18.17 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Alexander Marine Co Ltd
TW:8478
|
Taiwan | NT$15.41 Billion |
|
Her Chee Industrial Co Ltd
TWO:8937
|
Taiwan | NT$4.60 Billion |
|
Vietnam Manufacturing and Export Processing (Holdings) Limited
TW:9110
|
Taiwan | NT$106.59 Million |
Patrick Industries Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Patrick Industries Inc generates 1.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Patrick Industries Inc generates $ 4.39 in net profit.
Patrick Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.51 | 2.33 | 1.97 |
| Quick Ratio | 0.80 | 0.77 | 0.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $524.63 Million | $ 469.00 Million | $ 291.99 Million |
Patrick Industries Inc - Advanced Valuation Insights
This section examines the relationship between Patrick Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.97 |
| Latest Market Cap to Assets Ratio | 1.15 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $3.08 Billion |
| Market Capitalization | $3.55 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Patrick Industries Inc's assets above their book value (1.15 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Patrick Industries Inc's assets grew by 1.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Patrick Industries Inc (1985–2025)
The table below shows the annual total assets of Patrick Industries Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $3.08 Billion | +1.83% |
| 2024-12-31 | $3.02 Billion | +12.97% |
| 2023-12-31 | $2.67 Billion | -3.89% |
| 2022-12-31 | $2.78 Billion | +4.97% |
| 2021-12-31 | $2.65 Billion | +51.17% |
| 2020-12-31 | $1.75 Billion | +19.20% |
| 2019-12-31 | $1.47 Billion | +19.47% |
| 2018-12-31 | $1.23 Billion | +42.07% |
| 2017-12-31 | $866.64 Million | +62.00% |
| 2016-12-31 | $534.95 Million | +38.57% |
| 2015-12-31 | $386.05 Million | +51.06% |
| 2014-12-31 | $255.56 Million | +46.72% |
| 2013-12-31 | $174.19 Million | +21.41% |
| 2012-12-31 | $143.47 Million | +67.27% |
| 2011-12-31 | $85.77 Million | +14.64% |
| 2010-12-31 | $74.82 Million | -2.88% |
| 2009-12-31 | $77.04 Million | -23.34% |
| 2008-12-31 | $100.49 Million | -48.79% |
| 2007-12-31 | $196.24 Million | +79.79% |
| 2006-12-31 | $109.15 Million | +9.44% |
| 2005-12-31 | $99.73 Million | +7.96% |
| 2004-12-31 | $92.37 Million | +13.84% |
| 2003-12-31 | $81.14 Million | -6.16% |
| 2002-12-31 | $86.47 Million | -5.98% |
| 2001-12-31 | $91.97 Million | -10.29% |
| 2000-12-31 | $102.52 Million | -18.77% |
| 1999-12-31 | $126.20 Million | -1.25% |
| 1998-12-31 | $127.80 Million | +13.90% |
| 1997-12-31 | $112.20 Million | +5.25% |
| 1996-12-31 | $106.60 Million | +11.16% |
| 1995-12-31 | $95.90 Million | +9.85% |
| 1994-12-31 | $87.30 Million | +28.38% |
| 1993-12-31 | $68.00 Million | +36.27% |
| 1992-12-31 | $49.90 Million | +11.14% |
| 1991-12-31 | $44.90 Million | +1.58% |
| 1990-12-31 | $44.20 Million | +2.08% |
| 1989-12-31 | $43.30 Million | -2.70% |
| 1988-12-31 | $44.50 Million | +10.15% |
| 1987-12-31 | $40.40 Million | +22.05% |
| 1986-12-31 | $33.10 Million | +1.53% |
| 1985-12-31 | $32.60 Million | -- |