Patrick Industries (PATK) Gross Margin (2011 - 2026)
Patrick Industries (PATK) posted quarterly Gross Margin of 22.75% for Q1 2026, down 3.0% year-over-year from 23.45% in Q1 2025, and down 1.14% quarter-over-quarter from 23.01% in Q4 2025.
Patrick Industries (PATK) Gross Margin (2011 - 2026) Analysis & Trends
Patrick Industries (PATK) has reported Gross Margin for 16 consecutive years, with 22.75% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 3.0% year-over-year to 22.75%; the TTM figure through Mar 2026 stood at 23.1% (up 39.0% YoY), while the FY2025 annual figure was 23.11%, up 61.0% from the prior year.
- Gross Margin fell 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.
- Historically, Gross Margin has averaged 22.46% across 5 years, with a median of 22.75% in 2026.
- Annual changes were most pronounced in 2022 — Gross Margin surged 301 bps — and 2024, when it slumped 77 bps.
- Patrick Industries' Gross Margin stood at 21.12% in 2022, then rose by 8 bps to 22.9% in 2023, then decreased by 3 bps to 22.13% in 2024, then rose by 4 bps to 23.01% in 2025, then dropped by 1 bps to 22.75% in 2026.
- Business Quant data shows PATK's Gross Margin at 22.75% in Q1 2026, 23.01% in Q4 2025, and 22.65% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.87 Bn | 4.32 Bn | 409.69 Mn | 23.48% |
| 2 | Thor Industries | 4.09 Bn | 3.72 Bn | 354.77 Mn | 12.75% |
| 3 | Polaris | 3.70 Bn | 3.39 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 998.64 Mn | 421.12 Mn | 34.23% |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 23.77% |
| 6 | Lci Industries | 2.54 Bn | 2.33 Bn | 301.14 Mn | 31.09% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | 28.10% |
| 8 | Winnebago Industries | 909.85 Mn | 852.75 Mn | 94.90 Mn | 13.58% |
| 9 | Malibu Boats | 553.51 Mn | 503.34 Mn | 41.28 Mn | 17.51% |
| 10 | MasterCraft Boat Holdings | 404.21 Mn | 319.59 Mn | 19.54 Mn | 24.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 23.77% |
| 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% |