PATK (Patrick Industries) Tax Rate %: 14.79% (As of Mar. 2026)

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PATK Patrick Industries Inc PATK
70 GF Score
Price $84.09
GF Value $86.26
Valuation Fairly Valued
! 7 Warning Signs
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What is Patrick Industries Tax Rate %?

Patrick Industries PATK +0.79% 70 Tax Rate % is 14.79% as of Mar. 2026. GuruFocus rates PATK with a GF Score™ of 70/100 and a GF Value™ of $86.26 (Fairly Valued). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Patrick Industries's Tax Expense for the three months ended in Mar. 2026 was $7 Mil. Patrick Industries's Pre-Tax Income for the three months ended in Mar. 2026 was $46 Mil. Therefore, Patrick Industries's Tax Rate % for the quarter that ended in Mar. 2026 was 14.79%.

Patrick Industries Tax Rate % Related Terms

Patrick Industries Tax Rate % Historical Data

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The historical data trend for Patrick Industries's Tax Rate % 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 Tax Rate % Chart

Patrick Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.45 24.62 25.29 22.49 23.72

Patrick Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 17.69 25.32 26.21 26.06 14.79
PATK
70GF Score
Patrick Industries Inc PATK
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Patrick Industries Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Patrick Industries's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=42.006/177.062
=23.72 %

Patrick Industries's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=6.854/46.334
=14.79 %

* 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 Tax Rate % →
What does a Tax Rate % of 14.79% mean?
Patrick Industries (PATK) has a Tax Rate % of 14.79% as of Mar. 2026.
Is Patrick Industries' Tax Rate % too high?
Patrick Industries' current Tax Rate % is 14.79%. 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' Tax Rate % compare to HOG and LCII?
Patrick Industries' Tax Rate % of 14.79% 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 Tax Rate % for a Vehicles & Parts company?
A good Tax Rate % depends on the Vehicles & Parts industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Patrick Industries's current Tax Rate % is 14.79%. 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 $86.26, compared to a current price of $84.09 — trading 2.5% below its estimated fair value. The current Tax Rate % is 14.79%. Patrick Industries' overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Patrick Industries (PATK), the current Tax Rate % is 14.79% 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 undervalued. The current stock price of $84.09 is trading 2.5% below its estimated GF Value™ of $86.26. GuruFocus considers Patrick Industries to be Fairly Valued.

Key valuation signals for PATK:

  • Tax Rate %: 14.79%
  • GF Value™: $86.26 vs. price of $84.09 (2.5% below fair value)
  • GF Score™: 70/100 with 7 warning signs

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 Business Description

Other Exchanges PK2: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.
70GF Score

Get the complete analysis for PATK

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

$84.09
Price
$86.26
GF Value