Patrick Industries (PATK) Asset Utilization Ratio (2011 - 2026)
Patrick Industries (PATK) reported Asset Utilization Ratio of 1.25 for Q1 2026, up 2.76% year-over-year from 1.22 in Q1 2025, and down 1.29% on a QoQ basis from 1.27 in Q4 2025.
Patrick Industries (PATK) has 16 years of Asset Utilization Ratio data on file, last reported at 1.25 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 2.76% year-over-year to 1.25 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.25 (up 2.76% YoY) and the FY2025 annual result came in at 1.3, down 11.19% from the prior year.
- Asset Utilization Ratio eased to 1.25 in Q1 2026 per PATK's latest filing, from 1.27 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.88 in Q4 2022 and bottomed at 1.19 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 1.36 (2023), against an average of 1.41.
- The widest annual swing landed in 2022, when Asset Utilization Ratio climbed 15.33%; it then slipped 21.87% in 2023.
- Tracing PATK's Asset Utilization Ratio over 5 years: stood at 1.88 in 2022, then dropped by 21.87% to 1.47 in 2023, then declined by 17.56% to 1.21 in 2024, then increased by 4.97% to 1.27 in 2025, then dropped by 1.29% to 1.25 in 2026.
- Per Business Quant, the three latest PATK Asset Utilization Ratio figures stand at 1.25 (Q1 2026), 1.27 (Q4 2025), and 1.24 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 1.27 |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 0.66 |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | 0.80 |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 1.25 |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | 0.94 |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 0.74 |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 1.18 |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 1.05 |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 1.12 |
| 10 | Millerknoll | 1.06 Bn | 948.22 Mn | 352.90 Mn | 0.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 1.25 |
| Dec 31, 2025 | 1.27 |
| Sep 28, 2025 | 1.24 |
| Jun 29, 2025 | 1.22 |
| Mar 30, 2025 | 1.22 |
| Dec 31, 2024 | 1.21 |
| Sep 29, 2024 | 1.19 |
| Jun 30, 2024 | 1.19 |
| Mar 31, 2024 | 1.37 |
| Dec 31, 2023 | 1.47 |
| Oct 1, 2023 | 1.36 |
| Jul 2, 2023 | 1.41 |
| Apr 2, 2023 | 1.73 |
| Dec 31, 2022 | 1.88 |
| Sep 25, 2022 | 1.71 |
| Jun 26, 2022 | 1.68 |
| Mar 27, 2022 | 1.63 |
| Dec 31, 2021 | 1.63 |
| Sep 26, 2021 | 1.62 |
| Jun 27, 2021 | 1.65 |
| Mar 28, 2021 | 1.53 |
| Dec 31, 2020 | 1.49 |
| Sep 27, 2020 | 1.48 |
| Jun 28, 2020 | 1.41 |
| Mar 29, 2020 | 1.55 |
| Jun 30, 2019 | 1.73 |
| Mar 31, 2019 | 1.79 |
| Dec 31, 2018 | 1.85 |
| Sep 30, 2018 | 1.83 |
| Jul 1, 2018 | 1.84 |
| Apr 1, 2018 | 1.94 |
| Dec 31, 2017 | 2.05 |
| Sep 24, 2017 | 2.10 |
| Jun 25, 2017 | 2.14 |
| Mar 26, 2017 | 2.27 |
| Dec 31, 2016 | 2.29 |
| Sep 25, 2016 | 2.23 |
| Jun 26, 2016 | 2.22 |
| Mar 27, 2016 | 2.33 |
| Dec 31, 2015 | 2.30 |
| Sep 27, 2015 | 2.30 |
| Jun 28, 2015 | 2.55 |
| Mar 29, 2015 | 2.73 |
| Dec 31, 2014 | 2.83 |
| Sep 28, 2014 | 2.67 |
| Jun 29, 2014 | 2.91 |
| Mar 30, 2014 | 3.39 |
| Dec 31, 2013 | 3.23 |
| Sep 29, 2013 | 3.09 |
| Jun 30, 2013 | 3.22 |
| Mar 31, 2013 | 3.15 |
| Dec 31, 2012 | 3.18 |
| Sep 30, 2012 | 3.35 |
| Jul 1, 2012 | 3.39 |
| Apr 1, 2012 | 3.53 |
| Dec 31, 2011 | 3.46 |