PATRICK INDUSTRIES INC (PATK)

Patrick Industries, Inc. engages in the manufacture of components products and distribution of building products for industrial markets. It operates through the following segments: Manufacturing and Distribution. The Manufacturing segment includes laminated products what are utilized to produce furniture, shelving, walls, countertops, cabinet products, cabinet doors, fiberglass bat fixtures, hardwood furniture, vinyl printing, solid surface, granite, quartz countertop fabrication, RV painting, fabricated aluminum products, fiberglass and plastic components, softwoods lumber, custom cabinetry, polymer-based flooring, electrical systems components, and other products. The Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics and audio systems components, wiring, electrical and plumbing products, fiber reinforced polyester products, cement siding, interior passage doors, roofing products, laminate and ceramic flooring, shower doors, furniture, fireplaces and surrounds, interior and exterior lightning products, and other miscellaneous products. The company was founded in 1959 and is headquartered in Elkhart, IN.

Address

107 WEST FRANKLIN STREET
ELKHART, IN 46516

Founded

1959

Number of Employees

10,000

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$13,927 $23,908 $6,890 $4,819 $110,210 $7,174 $26,845 $71,470 $52,440 $40,635 $16,703 $34,093
Average Price $17.95 $24.59 $29.23 $57.80 $54.34 $38.48 $40.49 $80.75 $54.41 $74.03 $102.51 $49.97
# Shares Purchased 775,688 972,140 235,683 83,380 2,027,995 186,444 663,005 885,063 963,806 548,934 162,940 682,280
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 651.9% 448.9% 361.8% 133.6% 148.4% 250.9% 233.4% 67.2% 148.1% 82.4% 31.7% 170.2%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 470.0% 276.0% 193.2% 3.8% 43.6% 157.8% 158.6% 35.5% 110.8% 51.0% 24.3% 76.2%
Quartile Rank
Percentile Rank 95% 92% 89% 75% 82% 92% 91% 83% 96% 94% 90% 92%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.