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Patrick IndustriesPATK -1.25%70 Debt-to-EBITDA is 3.73 as of Mar. 2026, which is 21% above its 10-year median of 3.08. GuruFocus rates PATK with a GF Score™ of 70/100 and a GF Value™ of $86.21 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,093 Vehicles & Parts companies, Patrick Industries ranks worse than 68.98% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Patrick Industries's Debt-to-EBITDA or its related term are showing as below:
PATK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.28 Med: 3.08 Max: 3.81
Current: 3.81
During the past 13 years, the highest Debt-to-EBITDA Ratio of Patrick Industries was 3.81. The lowest was 2.28. And the median was 3.08.
PATK's Debt-to-EBITDA is ranked worse than 68.98% of 1093
companies
in the Vehicles & Parts industry
Industry Median: 2.25
vs PATK: 3.81
Patrick Industries (NAS:PATK) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Patrick Industries Debt-to-EBITDA Related Terms
Patrick Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Patrick Industries's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Recreational Vehicles subindustry, Patrick Industries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Patrick Industries Debt-to-EBITDA vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Patrick Industries (PATK) has a Debt-to-EBITDA of 3.73 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Patrick Industries. This is 21% above median its historical median of 3.08. Over the past decade, Patrick Industries' Debt-to-EBITDA has ranged from 2.28 to 3.81. According to the industry distribution chart, Patrick Industries ranks #754 out of 1093 companies in the Vehicles & Parts industry, placing it in the top 69%.
Is Patrick Industries' Debt-to-EBITDA too high?
Patrick Industries' current Debt-to-EBITDA of 3.73 is 21% above median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 3.81. The Vehicles & Parts industry median Debt-to-EBITDA is 2.25. Patrick Industries' value of 3.73 is 65.8% above this industry median. Based on the distribution chart, Patrick Industries ranks #754 out of 1093 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Patrick Industries has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' Debt-to-EBITDA compare to HOG and LCII?
According to the Vehicles & Parts industry distribution chart, Patrick Industries ranks #754 out of 1093 companies for Debt-to-EBITDA. This places Patrick Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.25. Patrick Industries' value of 3.73 is 65.8% above this benchmark. Historically, Patrick Industries' own Debt-to-EBITDA has ranged from 2.28 to 3.81 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 2.25, Patrick Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.25, based on 1,093 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Patrick Industries's current Debt-to-EBITDA of 3.73 is 65.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Patrick Industries. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrick Industries's current Debt-to-EBITDA is 3.73, which is 21% above median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrick Industries stock overvalued right now?
Based on GuruFocus' analysis, Patrick Industries (PATK) is currently considered Fairly Valued. The stock's GF Value™ is $86.21, compared to a current price of $85.34 — trading 1% below its estimated fair value. The current Debt-to-EBITDA is 3.73, which is 21% above median its 10-year median of 3.08 and 65.8% above the Vehicles & Parts industry median of 2.25. Patrick Industries' overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Patrick Industries (PATK), the current Debt-to-EBITDA is 3.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Patrick Industries (PATK) Overvalued in 2026?
Based on GuruFocus' analysis, Patrick Industries stock appears to be undervalued.
The current stock price of $85.34 is trading 1% below its estimated GF Value™ of $86.21.
GuruFocus considers Patrick Industries to be Fairly Valued.
Key valuation signals for PATK:
Debt-to-EBITDA: 3.73 (21% above median its 10-year median of 3.08)
GF Value™: $86.21 vs. price of $85.34 (1% below fair value)
Industry Position: 65.8% above the Vehicles & Parts median (#754 of 1093)
No single metric tells the full story. See the PATK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patrick Industries Inc is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets, including single and multi-family housing, hospitality, institutional, and commercial markets. The company operates within two reportable segments, Manufacturing and Distribution. The majority of its revenue is generated from the Manufacturing segment, which offers laminated products utilized to produce furniture, shelving, walls, and countertops; fabricated aluminum products; cabinet products, doors, components, and custom cabinetry; interior passage doors and baggage doors; RV and marine furniture, etc. Geographically, the company mainly operates in the United States, with a small presence in Mexico, China, and Canada.
70GF Score
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