Is Patrick Industries Inc (PATK) overvalued? · P/E 23, rev $3.72B
Patrick Industries Inc (PATK) is a furnishings, fixtures & appliances company listed on US.
This page asks whether Patrick Industries Inc (PATK) looks expensive on cached numbers — not a short thesis.
Latest reported PATK revenue for 2024-12-31 was $3.72B. Net income was $138.4M. Revenue was up 7.1% from 2023-12-31 to 2024-12-31. PATK currently screens at market cap $3.19B and trailing P/E 22.9.
PATK currently screens at market cap $3.19B and trailing P/E 22.9. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PATK 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PATK stock page for the full model, not this heading.
Not investment advice.