Education
About Us
Working with TipRanks
Follow Us
Patrick Industries (PATK)
NASDAQ:PATK
Earnings Data
Report Date
Jul 24, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.39Last Year’s EPS
1.44Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 01, 2025
|% Change Since: 5.46%
|Next Earnings Date:Jul 24, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed outlook, with strong performance in the RV and Marine markets and successful acquisitions contrasting with challenges from tariffs, macroeconomic uncertainty, and reduced shipment outlooks in several segments.Company Guidance
During the call, Patrick Industries provided guidance that included several key metrics for the first quarter of fiscal year 2025. The company reported a 7% increase in revenue, reaching approximately $1.0 billion, with trailing 12-month revenue at about $3.8 billion. Earnings per diluted share were $1.11, and organic growth was 2% net of pricing. The RV segment saw a revenue rise of 14% to $479 million, representing 48% of consolidated revenue, while the Marine segment reported a 4% increase to $149 million. Powersports revenues grew by 2% to $81 million, and housing revenues were up 7% to $295 million. The company's gross margin improved to 22.8%, and net income increased by 9% to $38 million. Patrick Industries maintained a solid balance sheet with net leverage at 2.7x and total net liquidity of $745 million. For 2025, the company revised its outlook, estimating RV retail unit shipments to be down mid-to-high single digits, Marine retail down high-single to low double digits, and MH wholesale unit shipments up mid-single digits. Operating cash flow is projected between $350 million to $370 million, with capital expenditures estimated at $70 million to $80 million.Strong First Quarter Performance
Patrick Industries achieved a 7% increase in top-line growth for Q1 2025, generating approximately $1.0 billion in revenue, with earnings per diluted share of $1.11.
RV Market Share Gains
RV revenues grew by 14% to $479 million, with content per unit on a quarterly basis up 6% sequentially compared to Q4 2024.
Marine Market Resilience
Marine revenues increased by 4% to $149 million, despite a 10% estimated decrease in wholesale powerboat unit shipments.
Successful Acquisitions and Stock Repurchases
Completed two acquisitions in the quarter and repurchased approximately $8.5 million of stock.
Strong Balance Sheet and Cash Flow
Reported $745 million in total net liquidity at the end of Q1 2025, with no major debt maturities until 2028.
---
PATK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PATK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| May 01, 2025 | $76.98 | $81.58 | +5.98% |
| Feb 06, 2025 | $97.28 | $94.61 | -2.74% |
| Oct 31, 2024 | $88.57 | $83.26 | -6.00% |
| Aug 01, 2024 | $84.29 | $82.81 | -1.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Patrick Industries (PATK) report earnings?
Patrick Industries (PATK) is schdueled to report earning on Jul 24, 2025, TBA Not Confirmed.
What is Patrick Industries (PATK) earnings time?
Patrick Industries (PATK) earnings time is at Jul 24, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PATK EPS forecast?
PATK EPS forecast for the fiscal quarter 2025 (Q2) is 1.39.
---