Patrick Industries Inc (PATK) - Total Assets
Based on the latest financial reports, Patrick Industries Inc (PATK) holds total assets worth $3.21 Billion USD as of June 2026. 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. Also see Patrick Industries Inc (PATK) market capitalisation for the company's overall valuation and market capitalisation.
Patrick Industries Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Patrick Industries Inc's total assets of $3.21 Billion consist of 28.4% current assets and 71.6% non-current assets. Review PATK total liabilities to assess the company's total debt and financial obligations.
| 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 | $742.56 Million | 24.1% |
| Goodwill | $840.10 Million | 27.3% |
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. See Patrick Industries Inc (PATK) share price today for real-time trading data and today's change.
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 27.3% 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 |
|---|---|---|
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322
|
China | CN¥4.16 Billion |
|
Vmoto Ltd
AU:VMT
|
Australia | AU$107.88 Million |
|
BRP Inc
TO:DOO
|
Canada | CA$6.32 Billion |
|
Zhejiang CFMoto Power Co Ltd
SHG:603129
|
China | CN¥19.18 Billion |
|
Jiangsu Xinri E-Vehicle Co Ltd
SHG:603787
|
China | CN¥4.02 Billion |
|
Trigano S.A.
PA:TRI
|
France | €3.28 Billion |
|
Bénéteau S.A.
PA:BEN
|
France | €1.43 Billion |
|
Fountaine Pajo
PA:ALFPC
|
France | €360.38 Million |
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 | 2.67 | 1.96 | 2.11 |
| Quick Ratio | 0.96 | 0.75 | 0.92 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $639.21 Million | $439.64 Million | $453.31 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 | 2.28 |
| Latest Market Cap to Assets Ratio | 0.74 |
| Asset Growth Rate (YoY) | 1.8% |
| Total Assets | $3.08 Billion |
| Market Capitalization | $2.26 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Patrick Industries Inc's assets below their book value (0.74x), which may indicate investor concerns about asset quality or future growth.
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 | -- |
About Patrick Industries Inc
Patrick Industries, Inc. manufactures and distributes component and materials for recreational vehicle, marine, powersports, manufactured housing, and industrial markets in the United States, Mexico, China, and Canada. The company operates through Manufacturing and Distribution segments. Its Manufacturing segment manufactures and sells laminated for furniture, shelving, wall, countertop, and cabi… Read more