Patrick Industries PATK
NASDAQ PATK
$77.51 -2.90 (-3.60%)
As of: Sep 9, 2026 · 2:49 PM EDT

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

Historic Data

Download Data
DateValue
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%