Patrick Industries, Inc. Reports Second Quarter 2026 Financial Results
Patrick Industries reported second quarter net sales of $1.04 billion, a decline of less than 1% year-over-year, while adjusted diluted EPS increased 33% to $1.28 driven by operational efficiencies. Revenue growth in Marine and Powersports segments of 22% and 28% respectively offset a 15% decline in RV revenue, which faced a 16% drop in industry wholesale unit shipments.
Key figures
- Eps
- 1.28
- Revenue
- 1041704000
- Revenue Yoy
- less than 1%
- Liquidity
- 691000000
- Net income
- 43421000
- Buyback amount
- 91000000
- Adjusted ebitda
- 126290000
- Dividend amount
- 15000000
- Operating income
- 77035000
- Operating margin
- 7.4%
- Free cash flow ttm
- 127821000
- Net leverage ratio
- 3.0x
- Shares repurchased
- 980000
- Adjusted ebitda margin
- 12.1%
AI analysis
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