Patrick Industries (FRA:PK2) EBIT: €216 Mil (TTM As of Mar. 2026)


FRA:PK2 Patrick Industries Inc FRA:PK2
71 GF Score
Price €83.00
GF Value €72.86
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Patrick Industries EBIT?

Patrick Industries FRA:PK2 +9.21% 71 EBIT is €216 Mil as of Mar. 2026. GuruFocus rates FRA:PK2 with a GF Score™ of 71/100 and a GF Value™ of €72.86 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Patrick Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €56 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €216 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Patrick Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 7.80%. Patrick Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Patrick Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.30%.

Patrick Industries  (FRA:PK2) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Patrick Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=223.94 * ( 1 - 14.79% )/( (2408.164 + 2483.297)/ 2 )
=190.819274/2445.7305
=7.80 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2627.053 - 196.316 - ( 22.573 - max(0, 297.61 - 745.646+22.573))
=2408.164

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2783.953 - 268.243 - ( 32.413 - max(0, 323.527 - 877.726+32.413))
=2483.297

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Patrick Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=223.94/( ( (518.881 + max(456.821, 0)) + (545.014 + max(576.698, 0)) )/ 2 )
=223.94/( ( 975.702 + 1121.712 )/ 2 )
=223.94/1048.707
=21.35 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(146.663 + 508.356 + 47.142) - (196.316 + 0 + 49.024)
=456.821

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(246.853 + 541.55 + 56.91) - (268.243 + 0 + 0.37200000000001)
=576.698

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Patrick Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=215.507/4066.323
=5.30 %

* 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.

Patrick Industries EBIT Related Terms

Patrick Industries EBIT Historical Data

* Premium members only.

The historical data trend for Patrick Industries's EBIT 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.

Patrick Industries EBIT Chart

Patrick Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.27 468.38 238.60 246.43 214.84

Patrick Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.65 54.02 56.48 49.02 55.99

FRA:PK2 vs LCII, HOG, PII: EBIT Comparison

For the Recreational Vehicles subindustry, Patrick Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Patrick Industries's EV-to-EBIT falls into.


FRA:PK2
71GF Score
Patrick Industries Inc FRA:PK2
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrick Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €216 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €216 Mil mean?
Patrick Industries (FRA:PK2) has a EBIT of €216 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Patrick Industries.
Is Patrick Industries' EBIT too high?
Patrick Industries' current EBIT is €216 Mil. Overall, Patrick Industries has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' EBIT compare to LCII and HOG?
Patrick Industries' EBIT of €216 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Patrick Industries. Patrick Industries's current EBIT is €216 Mil. 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 (FRA:PK2) is currently considered Modestly Overvalued. The stock's GF Value™ is €72.86, compared to a current price of €83.00 — trading 13.9% above its estimated fair value. The current EBIT is €216 Mil. Patrick Industries' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Patrick Industries (FRA:PK2), the current EBIT is €216 Mil 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 (FRA:PK2) Overvalued in 2026?

Based on GuruFocus' analysis, Patrick Industries stock appears to be overvalued. The current stock price of €83.00 is trading 13.9% above its estimated GF Value™ of €72.86. GuruFocus considers Patrick Industries to be Modestly Overvalued.

Key valuation signals for FRA:PK2:

  • EBIT: €216 Mil
  • GF Value™: €72.86 vs. price of €83.00 (13.9% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:PK2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Patrick Industries Business Description

Other Exchanges PATK:USAPK2:Germany
Address 107 W. Franklin Street, Elkhart, IN, USA, 46516
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.
71GF Score

Get the complete analysis for FRA:PK2

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€83.00
Price
€72.86
GF Value