Patrick Industries Gross Profit 2011-2026 | PATK

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit Patrick Industries

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
913 M	836 M	782 M	1.06 B	801 M	459 M	423 M	416 M	279 M	202 M	152 M	119 M	91 M	65.7 M	44.3 M	29.6 M	22.9 M	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
1.06 B	22.9 M	394 M

Quarterly Gross Profit Patrick Industries

2026-Q1	2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
227 M	221 M	251 M	229 M	-	213 M	231 M	205 M	-	199 M	210 M	194 M	-	236 M	327 M	295 M	227 M	208 M	204 M	162 M	142 M	133 M	73.7 M	109 M	99.3 M	104 M	113 M	107 M	96.7 M	107 M	115 M	97.8 M	80.7 M	69.2 M	71.5 M	57.5 M	53 M	48.9 M	55.3 M	45.4 M	41.5 M	35 M	40.4 M	35.4 M	29.5 M	30 M	31.8 M	27.1 M	21.6 M	21.8 M	25.2 M	22.4 M	14.6 M	16.9 M	17.8 M	16.4 M	-	13.2 M	12 M	7.89 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
327 M	7.89 M	109 M

Gross Profit of other stocks in the Building materials industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Caesarstone Ltd. CSTE	73.3 M	$ 1.93	9.66 %	$ 66.7 M	Israel
Masonite International Corporation DOOR	666 M	-	-	$ 2.93 B	Canada
Cornerstone Building Brands CNR	1.03 B	$ 84.07	0.07 %	$ 84.1 K	USA
Cementos Pacasmayo S.A.A. CPAC	729 M	$ 10.76	0.75 %	$ 2.27 M	Peru
CRH plc CRH	13.5 B	$ 100.37	-0.64 %	$ 67.6 B	Irlanda
CEMEX, S.A.B. de C.V. CX	5.44 B	$ 12.56	-0.16 %	$ 11.5 B	Mexico
The AZEK Company AZEK	542 M	-	-	$ 7.91 B	USA
Eagle Materials EXP	653 M	$ 199.43	0.15 %	$ 6.38 B	USA
U.S. Concrete, Inc. USCR	295 M	-	-	$ 1.26 B	USA
Loma Negra Compañía Industrial Argentina Sociedad Anónima LOMA	187 B	$ 10.95	-3.01 %	$ 6.39 B	Argentina
Armstrong Flooring, Inc. AFI	83.5 M	-	-7.26 %	$ 7.65 M	USA
Forterra, Inc. FRTA	377 M	-	-0.08 %	$ 1.6 B	USA
MDU Resources Group MDU	933 M	$ 22.16	1.51 %	$ 4.53 B	USA
Beacon Roofing Supply BECN	2.5 B	-	-	$ 7.76 B	USA
GMS GMS	416 M	-	-	$ 4.21 B	USA
Tecnoglass TGLS	421 M	$ 41.16	-0.1 %	$ 1.92 B	Colombia
ReTo Eco-Solutions RETO	1.19 M	$ 2.55	1.59 %	$ 1.22 M	China
Smith-Midland Corporation SMID	26 M	$ 29.45	-0.17 %	$ 156 M	USA
Louisiana-Pacific Corporation LPX	589 M	$ 70.51	0.53 %	$ 4.94 B	USA
Installed Building Products IBP	1.01 B	$ 214.22	-1.21 %	$ 5.83 B	USA
Masco Corporation MAS	2.68 B	$ 67.26	0.64 %	$ 14.1 B	USA
Trex Company TREX	460 M	$ 39.18	0.8 %	$ 4.19 B	USA
United States Lime & Minerals USLM	144 M	$ 106.04	0.15 %	$ 3.03 B	USA
Apogee Enterprises APOG	319 M	$ 35.88	1.64 %	$ 764 M	USA
Quanex Building Products Corporation NX	199 M	$ 17.71	3.08 %	$ 645 M	USA
Advanced Drainage Systems WMS	1.17 B	$ 133.0	-1.59 %	$ 10.3 B	USA
Aspen Aerogels ASPN	46 M	$ 5.79	5.95 %	$ 477 M	USA
PGT Innovations PGTI	591 M	-	-	$ 2.45 B	USA
Gibraltar Industries ROCK	305 M	$ 37.18	4.61 %	$ 1.11 B	USA
Owens Corning OC	2.84 B	$ 117.42	1.17 %	$ 9.86 B	USA
AAON AAON	386 M	$ 134.6	1.67 %	$ 11 B	USA
Armstrong World Industries AWI	659 M	$ 157.42	0.17 %	$ 6.82 B	USA
Carrier Global Corporation CARR	5.42 B	$ 63.14	1.54 %	$ 53.8 B	USA
JELD-WEN Holding JELD	514 M	$ 1.74	9.09 %	$ 148 M	USA
Simpson Manufacturing Co. SSD	1.07 B	$ 185.01	0.17 %	$ 7.72 B	USA
James Hardie Industries plc JHX	1.73 B	$ 20.76	-0.26 %	$ 11.2 B	Irlanda
Summit Materials SUM	696 M	-	-	$ 9.22 B	USA
Alpha Pro Tech, Ltd. APT	22.5 M	$ 6.27	1.46 %	$ 65.5 M	Canada
Builders FirstSource BLDR	4.62 B	$ 74.15	0.41 %	$ 8.26 B	USA
Vulcan Materials Company VMC	2.17 B	$ 260.65	-0.35 %	$ 34.4 B	USA
BlueLinx Holdings BXC	452 M	$ 48.85	-1.11 %	$ 390 M	USA
Carlisle Companies Incorporated CSL	1.37 B	$ 333.8	0.43 %	$ 14.3 B	USA
Martin Marietta Materials MLM	468 M	$ 536.48	-0.43 %	$ 32.5 B	USA
Perma-Pipe International Holdings PPIH	69.5 M	$ 31.24	-0.35 %	$ 251 M	USA