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AI brief of an SEC Form 8-K · Patrick Industries (PATK)

Patrick Industries Q4 sales rise 8% to $846 million; diluted EPS falls to $0.42

Mixed Impact 3 of 5 earnings Written later

Patrick Industries reported fourth-quarter 2024 net sales up 8% to $846 million, helped by acquisitions and higher Housing revenue, but operating income fell 31% to $40 million and diluted EPS dropped to $0.42 from $0.94. For full year 2024, net sales rose 7% to $3.7 billion while diluted EPS fell to $4.11 from $4.33. The board also declared a $0.40 quarterly dividend per share.

Key points

  • Q4 2024 net sales $846 million, up 8%; operating income $40 million, down 31%
  • Q4 2024 diluted EPS $0.42 versus $0.94 a year earlier; adjusted diluted EPS $0.52
  • Full year 2024 net sales $3.7 billion, up 7%; diluted EPS $4.11 versus $4.33 in 2023
  • Quarterly dividend of $0.40 per share, payable March 3, 2025, to holders of record on February 18, 2025

The filing

CompanyPatrick Industries (PATK)
Form8-K, current report
Filed with the SECFeb 6, 2025, 8:33 AM ET
Accession number0000076605-25-000037

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 06, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.