Patrick Inds Stock Price, News & Analysis
Company Description
Patrick Industries, Inc. (NASDAQ: PATK) is described by the company as a leading component solutions provider serving the RV, Marine, Powersports and Housing markets. According to its public communications, Patrick focuses on helping manufacturers and outdoor enthusiasts achieve what it calls next-level recreation experiences, positioning itself as a key supplier across multiple outdoor and residential end markets.
Founded in 1959 and headquartered in Elkhart, Indiana, Patrick brings together design, manufacturing, distribution and transportation in what it refers to as a full solutions model. This integrated approach is aimed at supporting original equipment manufacturers (OEMs) and other customers in the Outdoor Enthusiast and Housing markets with a broad range of components and related capabilities.
Business focus and end markets
Patrick states that it serves four primary end markets: RV, Marine, Powersports and Housing. In its earnings disclosures, the company highlights revenue contributions from these sectors and refers to content per unit metrics in RV, Marine and Manufactured Housing, underscoring its role as a component supplier embedded in OEM production. The company also references a growing presence in the aftermarket for outdoor and marine applications.
Patrick describes itself as home to more than 85 brands, which it characterizes as being united by a focus on quality, customer service and innovation. These brands operate under the Patrick umbrella and support its positioning as a component solutions provider across multiple platforms and vehicle types.
Operations and capabilities
In its public descriptions, Patrick emphasizes a customer-focused approach that combines design, manufacturing, distribution and transportation. The company references an Advanced Product Group that works on new concepts and product innovations intended to support OEM partners and expand its full-solutions model. Patrick also notes investments in automation, process modernization and capacity to align with customer needs and anticipated demand.
Patrick reports that it employs approximately 10,000 team members throughout the United States. Its communications highlight an entrepreneurial culture, scale and engineering expertise as important elements in serving OEMs and other customers in its end markets.
Industry classification and historical positioning
For industry classification purposes, Patrick Industries is associated with wood kitchen cabinet and countertop manufacturing within the broader manufacturing sector. In addition, third-party descriptions note that Patrick makes and sells building products and materials for recreational vehicles and manufactured housing, with activity organized into manufacturing and distribution segments. These segments have historically included laminated and vinyl products, furniture, shelving, cabinets, bath fixtures, countertops, prefinished wall and ceiling panels, and certain electrical and plumbing products for the RV and manufactured housing industries.
Patrick’s own disclosures extend this positioning by describing the company as a component solutions provider to RV, Marine, Powersports and Housing markets, reflecting an evolution from a narrower building products focus to a broader outdoor and housing component platform.
Growth, acquisitions and brand portfolio
Patrick’s news releases and SEC filings show that acquisitions are an ongoing part of its strategy. For example, the company has announced acquisitions in the marine and RV supply space, such as Quality Engineered Services (wire harnesses and electrical systems for marine and RV) and Egis Group, LLC (engineered electrical components and system-level solutions for marine and specialty vehicle applications). It has also referenced acquisitions like LilliPad Marine, a designer and manufacturer of marine accessories, as well as its ownership of Rockford Corporation, which markets Rockford Fosgate high-performance audio systems and is a wholly owned subsidiary of Patrick Industries.
These acquisitions are described by Patrick as supporting its long-term strategy to develop a suite of component solutions for OEMs in the Outdoor Enthusiast space and the aftermarket, and to expand capabilities in wiring, engineered electrical components, system-level integration and marine accessories. The company indicates that acquired businesses typically continue to operate under their existing brand names and within their current facilities, adding to Patrick’s portfolio of more than 85 brands.
Financial reporting and market communication
Patrick communicates regularly with investors through earnings releases and SEC filings. In its third quarter 2025 earnings release, the company reported revenue contributions from each of its four primary end markets and discussed factors such as content per unit, acquisitions, and organic growth. It also highlighted cash flow, capital allocation, and liquidity metrics, and noted that it returns capital to shareholders through dividends and may consider share repurchases under an authorized plan.
The company files Form 8-K reports for material events, including quarterly earnings announcements, dividend declarations, and leadership changes. For example, Patrick filed 8-Ks related to its third quarter 2025 results, dividend increases, and executive transitions in finance and operating leadership roles. These filings provide additional detail on its financial condition, governance and capital allocation decisions.
Corporate governance and leadership changes
Patrick’s SEC filings document certain leadership transitions. For instance, an 8-K filing dated October 1, 2025 notes that Jeff Rodino would assume the role of President with responsibility for leadership, strategic planning and financial performance. Another 8-K dated December 12, 2025 reports the resignation of the President – Powersports and Housing and the appointment of the company’s Executive Vice President – Operations and Chief Operating Officer to that role, in alignment with the company’s succession plan. A separate news release in January 2026 discusses a transition in the Chief Financial Officer position as part of an executive succession plan.
These disclosures illustrate Patrick’s practice of documenting significant leadership and governance developments through formal SEC filings and press releases.
Subsidiaries and related brands
Patrick’s portfolio includes Rockford Corporation, which markets high-performance audio systems under the Rockford Fosgate brand for mobile, marine, motorsport and motorcycle applications. Rockford Corporation is identified in news releases as a wholly owned subsidiary of Patrick Industries, Inc. Rockford Fosgate participates in industry events such as the SEMA show, where it showcases new product lines and audio technologies, further illustrating the diversity of Patrick’s brand ecosystem within the Outdoor Enthusiast space.
Stock information
Patrick Industries’ common stock trades on the NASDAQ under the ticker symbol PATK. The company communicates dividend decisions, earnings results and other material events through press releases and SEC filings, providing investors with updates on its operations in the RV, Marine, Powersports and Housing markets.