Patrick Industries (PATK) Tax Rate (2011 - 2026)
Patrick Industries' (PATK) quarterly Tax Rate came in at 25.21% in Q2 2026, down 11.0% year-over-year from 28.33% in Q2 2025, and up 70.42% quarter-over-quarter from 14.79% in Q1 2026.
Analysis
Patrick Industries (PATK) Tax Rate (2011 - 2026) Analysis & Trends
Patrick Industries (PATK) has reported Tax Rate for 16 consecutive years, with 25.21% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 11.0% year-over-year to 25.21% in Q2 2026; TTM through Jun 2026 was 23.12%, a 40.0% decrease from a year earlier, with the FY2025 full-year figure at 23.72%, up 123.0% from the prior year.
- Tax Rate was 25.21% for Q2 2026 at Patrick Industries, up from 14.79% in the prior quarter.
- Over five years, Tax Rate peaked at 29.35% in Q4 2024 and troughed at 10.6% in Q1 2024.
- A 5-year average of 23.45% and a median of 25.26% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 948 bps in 2024 and soared 710 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 22.52% in 2022, then climbed by 18 bps to 26.62% in 2023, then advanced by 10 bps to 29.35% in 2024, then retreated by 11 bps to 26.06% in 2025, then dropped by 3 bps to 25.21% in 2026.
- The last three Tax Rate figures came in at 25.21% (Q2 2026), 14.79% (Q1 2026), and 26.06% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Otis Worldwide | 26.56 Bn | 25.75 Bn | 1.14 Bn | 17.92% |
| 2 | James Hardie Industries | 17.99 Bn | 17.70 Bn | 548.70 Mn | 33.69% |
| 3 | Masco | 13.87 Bn | 13.32 Bn | 868.00 Mn | 24.32% |
| 4 | Carlisle Companies | 13.64 Bn | 12.97 Bn | 568.40 Mn | 22.77% |
| 5 | Allegion | 13.10 Bn | 12.78 Bn | 517.50 Mn | 19.00% |
| 6 | Owens Corning | 10.41 Bn | 10.14 Bn | 793.00 Mn | 24.70% |
| 7 | Advanced Drainage Systems | 10.09 Bn | 9.92 Bn | 408.05 Mn | 23.45% |
| 8 | Acuity Inc. (De) | 9.77 Bn | 9.36 Bn | 606.40 Mn | 23.87% |
| 9 | Zurn Elkay Water Solutions | 7.80 Bn | 7.44 Bn | 288.30 Mn | 25.05% |
| 10 | Patrick Industries | 2.47 Bn | 2.44 Bn | 247.58 Mn | 25.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 25.21% |
| Mar 29, 2026 | 14.79% |
| Dec 31, 2025 | 26.06% |
| Sep 28, 2025 | 26.21% |
| Jun 29, 2025 | 25.32% |
| Mar 30, 2025 | 17.69% |
| Dec 31, 2024 | 29.35% |
| Sep 29, 2024 | 24.83% |
| Jun 30, 2024 | 25.58% |
| Mar 31, 2024 | 10.60% |
| Dec 31, 2023 | 26.62% |
| Oct 1, 2023 | 27.02% |
| Jul 2, 2023 | 26.10% |
| Apr 2, 2023 | 20.07% |
| Dec 31, 2022 | 22.52% |
| Sep 25, 2022 | 24.06% |
| Jun 26, 2022 | 26.82% |
| Mar 27, 2022 | 23.28% |
| Dec 31, 2021 | 21.77% |
| Sep 26, 2021 | 26.26% |