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Patrick IndustriesPATK -0.46%70 Equity-to-Asset is 0.35 as of Jun. 2026, which is 3% above its 10-year median of 0.34. GuruFocus rates PATK with a GF Score™ of 70/100 and a GF Value™ of $87.98 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Patrick Industries ranks worse than 70.65% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Patrick Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,131 Mil. Patrick Industries's Total Assets for the quarter that ended in Jun. 2026 was $3,211 Mil.
Therefore, Patrick Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.35.
The historical rank and industry rank for Patrick Industries's Equity-to-Asset or its related term are showing as below:
PATK'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.34 Max: 0.49
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of Patrick Industries was 0.49. The lowest was 0.27. And the median was 0.34.
PATK's Equity-to-Asset is ranked worse than 70.65% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs PATK: 0.35
Patrick Industries (NAS:PATK) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Patrick Industries Equity-to-Asset Related Terms
Patrick Industries Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Patrick Industries's Equity-to-Asset 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.
PATK vs HOG, LCII, THO: Equity-to-Asset Comparison
For the Recreational Vehicles subindustry, Patrick Industries's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Patrick Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (PATK) has a Equity-to-Asset of 0.35 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Patrick Industries and its competitors. This is near median its historical median of 0.34. Over the past decade, Patrick Industries' Equity-to-Asset has ranged from 0.27 to 0.49. According to the industry distribution chart, Patrick Industries ranks #941 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 70.6%.
Is Patrick Industries' Equity-to-Asset too high?
Patrick Industries' current Equity-to-Asset of 0.35 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.49. The Vehicles & Parts industry median Equity-to-Asset is 0.49. Patrick Industries' value of 0.35 is 28.6% below this industry median. Based on the distribution chart, Patrick Industries ranks #941 out of 1332 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' Equity-to-Asset compare to HOG and LCII?
According to the Vehicles & Parts industry distribution chart, Patrick Industries ranks #941 out of 1332 companies for Equity-to-Asset. This places Patrick Industries in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Patrick Industries' value of 0.35 is 28.6% below this benchmark. Historically, Patrick Industries' own Equity-to-Asset has ranged from 0.27 to 0.49 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.49, Patrick Industries has consistently been below 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 Equity-to-Asset for a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,332 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Patrick Industries's current Equity-to-Asset of 0.35 is 28.6% below 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Patrick Industries and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrick Industries's current Equity-to-Asset is 0.35, which is near median its own 10-year median of 0.34. 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 $87.98, compared to a current price of $86.07 — trading 2.2% below its estimated fair value. The current Equity-to-Asset is 0.35, which is near median its 10-year median of 0.34 and 28.6% below the Vehicles & Parts industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Patrick Industries (PATK), the current Equity-to-Asset is 0.35 as of Jun. 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 $86.07 is trading 2.2% below its estimated GF Value™ of $87.98.
GuruFocus considers Patrick Industries to be Fairly Valued.
Key valuation signals for PATK:
Equity-to-Asset: 0.35 (near median its 10-year median of 0.34)
GF Value™: $87.98 vs. price of $86.07 (2.2% below fair value)
Industry Position: 28.6% below the Vehicles & Parts median (#941 of 1332)
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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