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Patrick Industries Inc (PATK) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Patrick Industries Inc (PATK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Patrick Industries Inc is a manufacturer of component products and distributor of building products and materials to the recreational vehicle and manufactured housing industries. Patrick Industries Inc has a market cap of $1.09 billion; its shares were traded at around $45.21 with a P/E ratio of 9.23 and P/S ratio of 0.51. Patrick Industries Inc had annual average EBITDA growth of 37.40% over the past five years.


For the last quarter Patrick Industries Inc reported a revenue of $531.2 million, compared with the revenue of $475.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.3 billion, an increase of 38.4% from last year. For the last five years Patrick Industries Inc had an average revenue growth rate of 30.7% a year.

The reported diluted earnings per share was $4.93 for the year, an increase of 41.7% from previous year. Over the last five years Patrick Industries Inc had an EPS growth rate of 38.2% a year. The Patrick Industries Inc had an operating margin of 7.88%, compared with the operating margin of 7.45% a year before. The 10-year historical median operating margin of Patrick Industries Inc is 6.47%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Patrick Industries Inc has the cash and cash equivalents of $6.90 million, compared with $2.77 million in the previous year. The long term debt was $621.8 million, compared with $338.1 million in the previous year. The interest coverage to the debt is 6.7. Patrick Industries Inc has a financial strength rank of 6 (out of 10).

At the current stock price of $45.21, Patrick Industries Inc is traded at close to its historical median P/S valuation band of $42.86. The P/S ratio of the stock is 0.51, while the historical median P/S ratio is 0.48. The stock lost 24.71% during the past 12 months.

For the complete 20-year historical financial data of PATK, click here.

This article first appeared on GuruFocus.