Patrick Industries (PATK) Tax Rate (2011 - 2026)
Patrick Industries (PATK) posted quarterly Tax Rate of 14.79% for Q1 2026, down 290.0% year-over-year from 7.79% in Q1 2025, and down 43.25% quarter-over-quarter from 26.06% in Q4 2025.
Patrick Industries (PATK) Tax Rate (2011 - 2026) Analysis & Trends
Patrick Industries (PATK) has reported Tax Rate for 16 consecutive years, with 14.79% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 290.0% year-over-year to 14.79%; the TTM figure through Mar 2026 stood at 22.97% (down 84.0% YoY), while the FY2025 annual figure was 23.72%, up 123.0% from the prior year.
- Tax Rate fell to 14.79% in Q1 2026 per PATK's latest filing, from 26.06% in the prior quarter.
- Across five years, Tax Rate topped out at 29.35% in Q4 2024 and bottomed at 10.6% in Q1 2024.
- Historically, Tax Rate has averaged 23.35% across 5 years, with a median of 25.32% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate plunged 948 bps — and 2025, when it jumped 710 bps.
- Patrick Industries' Tax Rate stood at 22.52% in 2022, then increased by 18 bps to 26.62% in 2023, then grew by 10 bps to 29.35% in 2024, then slipped by 11 bps to 26.06% in 2025, then plunged by 43 bps to 14.79% in 2026.
- Business Quant data shows PATK's Tax Rate at 14.79% in Q1 2026, 26.06% in Q4 2025, and 26.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Brp | 4.88 Bn | 4.32 Bn | 409.69 Mn | 27.17% |
| 2 | Thor Industries | 4.08 Bn | 3.71 Bn | 354.77 Mn | 28.42% |
| 3 | Polaris | 3.68 Bn | 3.38 Bn | - | - |
| 4 | Harley-Davidson | 2.89 Bn | 995.48 Mn | 421.12 Mn | 17.10% |
| 5 | Patrick Industries | 2.71 Bn | 2.68 Bn | 247.58 Mn | 25.21% |
| 6 | Lci Industries | 2.58 Bn | 2.36 Bn | 301.14 Mn | 25.56% |
| 7 | Brunswick | 1.55 Bn | 1.24 Bn | 437.80 Mn | -1.38% |
| 8 | Winnebago Industries | 903.14 Mn | 846.04 Mn | 94.90 Mn | 19.44% |
| 9 | Malibu Boats | 544.37 Mn | 494.20 Mn | 41.28 Mn | 20.56% |
| 10 | MasterCraft Boat Holdings | 395.82 Mn | 311.20 Mn | 19.54 Mn | -7.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 25.21% |
| Jun 28, 2026 | 25.21% |
| Jun 28, 2026 | 25.21% |
| Mar 29, 2026 | 14.79% |
| Mar 29, 2026 | 14.79% |
| Mar 29, 2026 | 14.79% |
| Dec 31, 2025 | 26.06% |
| Dec 31, 2025 | 26.06% |
| Dec 31, 2025 | 26.06% |
| Sep 28, 2025 | 26.21% |
| Sep 28, 2025 | 26.21% |
| Sep 28, 2025 | 26.21% |
| Jun 29, 2025 | 25.32% |
| Jun 29, 2025 | 25.32% |
| Jun 29, 2025 | 25.32% |
| Mar 30, 2025 | 17.69% |
| Mar 30, 2025 | 17.69% |
| Mar 30, 2025 | 17.69% |
| Dec 31, 2024 | 29.35% |
| Dec 31, 2024 | 29.35% |