Patrick Industries (PATK) Tax Rate (2013 - 2026)
Patrick Industries (PATK) reported Tax Rate of 25.21% for Q2 2026, down 0.11 percentage points from 25.32% a year earlier but up 10.42 percentage points from the prior quarter.
Powered by 
Analysis
Patrick Industries (PATK) Tax Rate (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 28, 2026, Patrick Industries' Tax Rate came in at 23.12%, down 0.40 percentage points year-over-year; for FY2025, it came in at 23.72%, up 1.23 percentage points from FY2024.
- Tax Rate has a five-year change of -1.83 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 22.49% in FY2024 (-2.79 pp), 25.29% in FY2023 (+0.66 pp), 24.62% in FY2022 (+1.17 pp) and 23.45% in FY2021 (-2.10 pp).
- Five-year quarterly Tax Rate spans a low of 10.60% in Q1 2024 and a high of 29.35% in Q4 2024.
- Year over year, Tax Rate has now declined in each of the last three quarters, with an average year-over-year change of +0.31 percentage points over the last eight quarters.
- The high point for year-over-year Tax Rate in five years was Q1 2025 (a gain of 7.10 percentage points); the low point was Q1 2024 (a drop of 9.48 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.79% (Q1 2026), 26.06% (Q4 2025) and 26.21% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 99.46 Bn | 94.20 Bn | 2.26 Bn | 18.76% |
| 2 | Johnson Controls International | 90.06 Bn | 87.82 Bn | 2.47 Bn | 17.99% |
| 3 | Comfort Systems Usa | 58.26 Bn | 53.51 Bn | 844.23 Mn | 22.01% |
| 4 | Carrier Global | 45.22 Bn | 39.85 Bn | 1.94 Bn | 24.97% |
| 5 | Otis Worldwide | 24.48 Bn | 21.09 Bn | 1.14 Bn | 17.92% |
| 6 | James Hardie Industries | 14.69 Bn | 13.43 Bn | 548.70 Mn | 33.69% |
| 7 | Masco | 13.29 Bn | 11.40 Bn | 868.00 Mn | 24.32% |
| 8 | Allegion | 13.08 Bn | 11.79 Bn | 517.50 Mn | 19.00% |
| 9 | Carlisle Companies | 12.82 Bn | 9.17 Bn | 568.40 Mn | 22.77% |
| 10 | Patrick Industries | 2.18 Bn | 2.06 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% |
API Access
Patrick Industries Tax Rate 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=tax-rate&ticker=PATK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PATK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();