Patrick Industries (PATK) Gross Margin (2011 - 2026)
Patrick Industries (PATK) reported Gross Margin of 22.75% for Q1 2026, down 3.0% year-over-year from 23.45% in Q1 2025, and down 1.14% on a QoQ basis from 23.01% in Q4 2025.
Patrick Industries (PATK) has 16 years of Gross Margin data on file, last reported at 22.75% in Q1 2026.
- Quarterly Gross Margin fell 3.0% year-over-year to 22.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.1% (up 39.0% YoY) and the FY2025 annual result came in at 23.11%, up 61.0% from the prior year.
- Gross Margin eased to 22.75% in Q1 2026 per PATK's latest filing, from 23.01% in the prior quarter.
- Across five years, Gross Margin topped out at 23.93% in Q2 2025 and bottomed at 21.12% in Q4 2022.
- The 5-year median for Gross Margin is 22.75% (2026), against an average of 22.46%.
- The widest annual swing landed in 2022, when Gross Margin soared 301 bps; it then plunged 77 bps in 2024.
- Tracing PATK's Gross Margin over 5 years: stood at 21.12% in 2022, then climbed by 8 bps to 22.9% in 2023, then declined by 3 bps to 22.13% in 2024, then climbed by 4 bps to 23.01% in 2025, then retreated by 1 bps to 22.75% in 2026.
- Per Business Quant, the three latest PATK Gross Margin figures stand at 22.75% (Q1 2026), 23.01% (Q4 2025), and 22.65% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 49.19% |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 43.13% |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | 23.52% |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 22.75% |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | 12.68% |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 37.10% |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 38.28% |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 43.12% |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 18.59% |
| 10 | Millerknoll | 1.06 Bn | 948.22 Mn | 352.90 Mn | 38.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 22.75% |
| Dec 31, 2025 | 23.01% |
| Sep 28, 2025 | 22.65% |
| Jun 29, 2025 | 23.93% |
| Mar 30, 2025 | 22.78% |
| Dec 31, 2024 | 22.13% |
| Sep 29, 2024 | 23.11% |
| Jun 30, 2024 | 22.75% |
| Mar 31, 2024 | 21.95% |
| Dec 31, 2023 | 22.90% |
| Oct 1, 2023 | 22.99% |
| Jul 2, 2023 | 22.81% |
| Apr 2, 2023 | 21.58% |
| Dec 31, 2022 | 21.12% |
| Sep 25, 2022 | 21.26% |
| Jun 26, 2022 | 22.17% |
| Mar 27, 2022 | 22.00% |
| Dec 31, 2021 | 19.78% |
| Sep 26, 2021 | 19.63% |
| Jun 27, 2021 | 20.05% |
| Mar 28, 2021 | 18.99% |
| Dec 31, 2020 | 18.42% |
| Sep 27, 2020 | 19.05% |
| Jun 28, 2020 | 17.39% |
| Mar 29, 2020 | 18.58% |
| Dec 31, 2019 | 18.08% |
| Sep 29, 2019 | 18.43% |
| Jun 30, 2019 | 18.37% |
| Mar 31, 2019 | 17.52% |
| Dec 31, 2018 | 18.20% |
| Sep 30, 2018 | 18.54% |
| Jul 1, 2018 | 18.98% |
| Apr 1, 2018 | 17.71% |
| Dec 31, 2017 | 16.97% |
| Sep 24, 2017 | 16.98% |
| Jun 25, 2017 | 17.56% |
| Mar 26, 2017 | 16.66% |
| Dec 31, 2016 | 16.36% |
| Sep 25, 2016 | 16.06% |
| Jun 26, 2016 | 17.54% |
| Mar 27, 2016 | 16.28% |
| Dec 31, 2015 | 16.67% |
| Sep 27, 2015 | 16.31% |
| Jun 28, 2015 | 17.30% |
| Mar 29, 2015 | 15.84% |
| Dec 31, 2014 | 15.57% |
| Sep 28, 2014 | 15.96% |
| Jun 29, 2014 | 16.94% |
| Mar 30, 2014 | 15.95% |
| Dec 31, 2013 | 14.74% |
| Sep 29, 2013 | 14.88% |
| Jun 30, 2013 | 15.77% |
| Mar 31, 2013 | 15.79% |
| Dec 31, 2012 | 13.73% |
| Sep 30, 2012 | 14.97% |
| Jul 1, 2012 | 15.43% |
| Apr 1, 2012 | 16.00% |
| Dec 31, 2011 | 14.32% |
| Sep 25, 2011 | 17.03% |
| Jun 26, 2011 | 14.54% |
| Mar 27, 2011 | 11.35% |