(PATK) Patrick Industries - Ratings and Ratios

Patrick Industries Inc, a leading manufacturer and distributor of component products, operates across multiple markets, including recreational vehicles, marine, manufactured housing, and industrial sectors, with a presence in the United States, Mexico, China, and Canada. The company's product portfolio is diverse, encompassing a wide range of materials and components, such as laminated products for furniture and cabinets, cabinet doors, fiberglass bath fixtures, and tile systems, which are used in various applications, including RVs, boats, and residential buildings.

The Manufacturing segment of Patrick Industries is responsible for producing a broad array of products, including hardwood furniture, vinyl printing, amplifiers, and soundbars, as well as solid surface, granite, and quartz countertop fabrication. Additionally, the company manufactures aluminum products, fiberglass and plastic components, RV paintings, decorative vinyl and paper laminated panels, and softwoods lumber, among other items. This segment also provides custom cabinets, polymer-based flooring products, dash panels, and other specialized products, catering to the specific needs of its customers in the recreational vehicle, marine, and industrial markets.

Furthermore, the Manufacturing segment offers a range of products and components for the marine industry, including boat towers, tops, trailers, and frames, as well as fiberglass and plastic helm systems and components. The company also produces adhesives and sealants, thermoformed shower surrounds, specialty bath and closet building products, wiring and wire harnesses, and aluminum and plastic fuel tanks, demonstrating its commitment to providing a comprehensive suite of products and solutions to its customers. Other products manufactured by the company include CNC molds, composite parts, marine hardware, slotwall panels, and components, highlighting the breadth and depth of its product offerings.

In addition to its manufacturing capabilities, Patrick Industries operates a Distribution segment, which distributes a wide range of products, including pre-finished wall and ceiling panels, drywall and finishing products, electronic and audio system components, appliances, marine accessories, wiring products, and electrical and plumbing products. The company also distributes fiber reinforced polyester products, cement siding products, raw and processed lumber, interior passage, roofing, laminate, and ceramic flooring products, as well as shower doors, furniture, fireplaces and surrounds, and interior and exterior lighting products, among other items. This segment also offers transportation and logistics services, providing customers with a one-stop solution for their product and supply chain needs.

With a history dating back to 1959, Patrick Industries Inc has established itself as a trusted and reliable partner for companies operating in the recreational vehicle, marine, manufactured housing, and industrial markets. Headquartered in Elkhart, Indiana, the company has built a strong reputation for its commitment to quality, customer service, and innovation, with a web presence at https://ir.patrickind.com and a common stock listing under the ISIN US7033431039, classified as a Building Products company within the GICS Sub Industry.