Patrick Industries (PATK) Gross Margin (2011 - 2026)
Patrick Industries (PATK) posted Gross Margin of 23.77% for Q2 2026, down 0.16 percentage points from 23.93% a year earlier but up 1.02 percentage points from the prior quarter.
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Analysis
Patrick Industries (PATK) Gross Margin (2011 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Gross Margin at Patrick Industries was 23.06%, up 0.02 percentage points year-over-year; for FY2025, it came in at 23.11%, up 0.61 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +4.65 percentage points (FY2020 to FY2025).
- In prior years, Patrick Industries' Gross Margin was 22.50% in FY2024 (-0.06 pp), 22.56% in FY2023 (+0.84 pp), 21.71% in FY2022 (+2.07 pp) and 19.65% in FY2021 (+1.19 pp).
- Quarterly Gross Margin has run from a low of 19.63% in Q3 2021 to a high of 23.93% in Q2 2025 over five years.
- On a year-over-year basis, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.20 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 3.01 percentage points; the weakest was Q4 2024, with a drop of 0.77 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 22.75% (Q1 2026), 23.01% (Q4 2025) and 22.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 35.57% |
| 2 | Johnson Controls International | 90.21 Bn | 87.98 Bn | 2.47 Bn | 37.41% |
| 3 | Comfort Systems Usa | 58.39 Bn | 53.64 Bn | 844.23 Mn | 25.85% |
| 4 | Carrier Global | 46.05 Bn | 40.68 Bn | 1.94 Bn | 30.59% |
| 5 | Otis Worldwide | 25.26 Bn | 21.87 Bn | 1.14 Bn | 29.52% |
| 6 | James Hardie Industries | 14.74 Bn | 13.47 Bn | 548.70 Mn | 37.21% |
| 7 | Masco | 13.48 Bn | 11.59 Bn | 868.00 Mn | 43.57% |
| 8 | Allegion | 13.22 Bn | 11.93 Bn | 517.50 Mn | 44.94% |
| 9 | Carlisle Companies | 12.99 Bn | 9.34 Bn | 568.40 Mn | 36.20% |
| 10 | Patrick Industries | 2.22 Bn | 2.10 Bn | 247.58 Mn | 23.77% |
Historic Data
Download Data
Historic 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% |
API Access
Patrick Industries Gross Margin 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=gross-margin&ticker=PATK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=PATK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();