Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Patrick Industries's share price for the quarter that ended in Dec. 2023 was $100.35. Patrick Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 22 Mil. Therefore, Patrick Industries's market cap for the quarter that ended in Dec. 2023 was $2,224 Mil.
Patrick Industries's quarterly market cap
declined
from Jun. 2023 ($1,777 Mil) to Sep. 2023 ($1,661 Mil) but then
increased
from Sep. 2023 ($1,661 Mil) to Dec. 2023 ($2,224 Mil).
Patrick Industries's annual market cap
declined
from Dec. 2021 ($1,892 Mil) to Dec. 2022 ($1,346 Mil) but then
increased
from Dec. 2022 ($1,346 Mil) to Dec. 2023 ($2,224 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Patrick Industries's Enterprise Value for Today is $3,590 Mil.
Patrick Industries Market Cap Historical Data
The historical data trend for Patrick Industries's Market Cap 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.
* Premium members only.
Patrick Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
1,245.40
1,596.70
1,892.47
1,346.07
2,223.82
Patrick Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
1,346.07
1,535.95
1,776.96
1,661.40
2,223.82
Competitive Comparison
For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Market Cap falls into.
Patrick Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Patrick Industries's Market Cap for the fiscal year that ended in Dec. 2023 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 (NAS:PATK) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Patrick Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Patrick Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick Industries (Patrick Industries) Business Description
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
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