Patrick Industries (PATK) Asset Utilization Ratio (2011 - 2026)
Patrick Industries' Asset Utilization Ratio came in at 1.23 for Q2 2026, up 0.6% from 1.22 a year earlier but down 2.2% from the prior quarter.
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Analysis
Patrick Industries (PATK) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Patrick Industries' Asset Utilization Ratio was 1.30, down 2.6% from FY2024.
- Going back by year, Asset Utilization Ratio was 1.33 in FY2024 (+2.6%), 1.30 in FY2023 (-27.8%), 1.80 in FY2022 (-3.0%) and 1.85 in FY2021 (+20.1%).
- The five-year range for quarterly Asset Utilization Ratio is 1.19 (Q3 2024) to 1.72 (Q4 2022).
- Year-over-year, Asset Utilization Ratio has increased for five consecutive quarters, with an average decline of 1.1% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2021 (growth of 9.5%), and the weakest in Q4 2023 (a decline of 22.7%).
- Business Quant data shows PATK's Asset Utilization Ratio at 1.25 (Q1 2026), 1.27 (Q4 2025) and 1.24 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 100.25 Bn | 94.99 Bn | 2.26 Bn | 0.95 |
| 2 | Johnson Controls International | 90.55 Bn | 88.31 Bn | 2.47 Bn | 0.65 |
| 3 | Comfort Systems Usa | 58.58 Bn | 53.83 Bn | 844.23 Mn | 0.51 |
| 4 | Carrier Global | 45.65 Bn | 40.28 Bn | 1.94 Bn | 0.59 |
| 5 | Otis Worldwide | 24.99 Bn | 21.59 Bn | 1.14 Bn | 1.37 |
| 6 | James Hardie Industries | 14.56 Bn | 13.29 Bn | 548.70 Mn | 0.40 |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 1.43 |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 0.80 |
| 9 | Carlisle Companies | 12.96 Bn | 9.31 Bn | 568.40 Mn | 0.83 |
| 10 | Patrick Industries | 2.22 Bn | 2.11 Bn | 247.58 Mn | 1.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 1.23 |
| 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 | 1.25 |
| Dec 31, 2023 | 1.33 |
| Oct 1, 2023 | 1.36 |
| Jul 2, 2023 | 1.41 |
| Apr 2, 2023 | 1.59 |
| Dec 31, 2022 | 1.72 |
| 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 |
API Access
Patrick Industries Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PATK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PATK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PATK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();