Patrick IndustriesPATK +2.86%71 Dividend Payout Ratio is 0.43 as of Mar. 2026, which is 72% above its 10-year median of 0.25. GuruFocus rates PATK with a GF Score™ of 71/100 and a GF Value™ of $86.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 776 Vehicles & Parts companies, Patrick Industries ranks worse than 54.12% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Patrick Industries's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.43.
The historical rank and industry rank for Patrick Industries's Dividend Payout Ratio or its related term are showing as below:
PATK'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.07 Med: 0.25 Max: 0.39
Current: 0.39
During the past 13 years, the highest Dividend Payout Ratio of Patrick Industries was 0.39. The lowest was 0.07. And the median was 0.25.
PATK's Dividend Payout Ratio is ranked worse than 54.12% of 776
companies
in the Vehicles & Parts industry
Industry Median: 0.36
vs PATK: 0.39
During the past 12 months, Patrick Industries's average Dividends Per Share Growth Rate was 13.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 20.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 21.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Patrick Industries was 79.10% per year. The lowest was -36.60% per year. And the median was 4.65% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Patrick Industries (NAS:PATK) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Patrick Industries Dividend Payout Ratio Related Terms
Patrick Industries Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Patrick Industries's Dividend Payout Ratio 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 LCII, HOG, PII: Dividend Payout Ratio Comparison
For the Recreational Vehicles subindustry, Patrick Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Patrick Industries's Dividend Payout Ratio falls into.
Patrick Industries Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Patrick Industries's Dividend Payout 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 Dividend Payout Ratio of 0.43 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Patrick Industries and its competitors. This is 72% above median its historical median of 0.25. Over the past decade, Patrick Industries' Dividend Payout Ratio has ranged from 0.07 to 0.39. According to the industry distribution chart, Patrick Industries ranks #420 out of 776 companies in the Vehicles & Parts industry, placing it in the top 54.1%.
Is Patrick Industries' Dividend Payout Ratio too high?
Patrick Industries' current Dividend Payout Ratio of 0.43 is 72% above median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.39. The Vehicles & Parts industry median Dividend Payout Ratio is 0.36. Patrick Industries' value of 0.43 is 19.4% above this industry median. Based on the distribution chart, Patrick Industries ranks #420 out of 776 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Patrick Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' Dividend Payout Ratio compare to LCII and HOG?
According to the Vehicles & Parts industry distribution chart, Patrick Industries ranks #420 out of 776 companies for Dividend Payout Ratio. This places Patrick Industries in the lower half of its industry. The industry median Dividend Payout Ratio is 0.36. Patrick Industries' value of 0.43 is 19.4% above this benchmark. Historically, Patrick Industries' own Dividend Payout Ratio has ranged from 0.07 to 0.39 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.36, 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 Dividend Payout Ratio for a Vehicles & Parts company?
The median Dividend Payout Ratio among Vehicles & Parts companies is 0.36, based on 776 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Patrick Industries's current Dividend Payout Ratio of 0.43 is 19.4% 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Patrick Industries and its competitors. For the Vehicles & Parts industry, the median Dividend Payout Ratio is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrick Industries's current Dividend Payout Ratio is 0.43, which is 72% above median its own 10-year median of 0.25. 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 $86.55, compared to a current price of $95.33 — trading 10.1% above its estimated fair value. The current Dividend Payout Ratio is 0.43, which is 72% above median its 10-year median of 0.25 and 19.4% above the Vehicles & Parts industry median of 0.36. Patrick Industries' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Patrick Industries (PATK), the current Dividend Payout Ratio is 0.43 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 overvalued.
The current stock price of $95.33 is trading 10.1% above its estimated GF Value™ of $86.55.
GuruFocus considers Patrick Industries to be Fairly Valued.
Key valuation signals for PATK:
Dividend Payout Ratio: 0.43 (72% above median its 10-year median of 0.25)
GF Value™: $86.55 vs. price of $95.33 (10.1% above fair value)
Industry Position: 19.4% above the Vehicles & Parts median (#420 of 776)
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.
71GF Score
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