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Patrick Industries's gross profit for the
three
months ended in Jun. 2026 was $248 Mil. Patrick Industries's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $908 Mil.
Patrick Industries (NAS:PATK) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Patrick Industries had a gross margin of 23.77% for the quarter that ended in Jun. 2026 => Competition eroding margins
Patrick Industries Gross Profit Related Terms
Patrick Industries Gross Profit Historical Data
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The historical data trend for Patrick Industries's Gross Profit 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 Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's Gross Profit distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $908 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Patrick Industries (PATK) has a Gross Profit of $908 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Patrick Industries and its competitors.
Is Patrick Industries' Gross Profit too high?
Patrick Industries' current Gross Profit is $908 Mil. 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' Gross Profit compare to HOG and LCII?
Patrick Industries' Gross Profit of $908 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 Gross Profit for a Vehicles & Parts company?
A good Gross Profit depends on the Vehicles & Parts industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Patrick Industries and its competitors. Patrick Industries's current Gross Profit is $908 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 (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 Gross Profit is $908 Mil. 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Patrick Industries (PATK), the current Gross Profit is $908 Mil 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:
Gross Profit: $908 Mil
GF Value™: $87.98 vs. price of $86.07 (2.2% below fair value)
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
Get the complete analysis for PATK
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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