Patrick Industries (PATK) Tax Rate (2011 - 2026)
Patrick Industries (PATK) reported Tax Rate of 14.79% for Q1 2026, down 290.0% year-over-year from 7.79% in Q1 2025, and down 43.25% on a QoQ basis from 26.06% in Q4 2025.
Patrick Industries (PATK) has 16 years of Tax Rate data on file, last reported at 14.79% in Q1 2026.
- Quarterly Tax Rate fell 290.0% year-over-year to 14.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.97% (down 84.0% YoY) and the FY2025 annual result came in at 23.72%, up 123.0% from the prior year.
- Tax Rate eased 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.
- The 5-year median for Tax Rate is 25.32% (2025), against an average of 23.35%.
- The widest annual swing landed in 2024, when Tax Rate slumped 948 bps; it then surged 710 bps in 2025.
- Tracing PATK's Tax Rate over 5 years: stood at 22.52% in 2022, then advanced by 18 bps to 26.62% in 2023, then gained by 10 bps to 29.35% in 2024, then fell by 11 bps to 26.06% in 2025, then sank by 43 bps to 14.79% in 2026.
- Per Business Quant, the three latest PATK Tax Rate figures stand at 14.79% (Q1 2026), 26.06% (Q4 2025), and 26.21% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 17.69 |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 24.33 |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | -8.23 |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 14.79 |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | -27.45 |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 30.22 |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 18.34 |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 31.34 |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 37.30 |
| 10 | Millerknoll | 1.06 Bn | 948.22 Mn | 352.90 Mn | 19.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 29, 2026 | 14.79 |
| Mar 29, 2026 | 14.79 |
| Dec 31, 2025 | 26.06 |
| Dec 31, 2025 | 26.06 |
| Sep 28, 2025 | 26.21 |
| Sep 28, 2025 | 26.21 |
| Jun 29, 2025 | 25.32 |
| Jun 29, 2025 | 25.32 |
| Mar 30, 2025 | 17.69 |
| Mar 30, 2025 | 17.69 |
| Dec 31, 2024 | 29.35 |
| Dec 31, 2024 | 29.35 |
| Sep 29, 2024 | 24.83 |
| Sep 29, 2024 | 24.83 |
| Jun 30, 2024 | 25.58 |
| Jun 30, 2024 | 25.58 |
| Mar 31, 2024 | 10.60 |
| Mar 31, 2024 | 10.60 |
| Dec 31, 2023 | 26.62 |
| Dec 31, 2023 | 26.62 |
| Oct 1, 2023 | 27.02 |
| Oct 1, 2023 | 27.02 |
| Jul 2, 2023 | 26.10 |
| Jul 2, 2023 | 26.10 |
| Apr 2, 2023 | 20.07 |
| Apr 2, 2023 | 20.07 |
| Dec 31, 2022 | 22.52 |
| Dec 31, 2022 | 22.52 |
| Sep 25, 2022 | 24.06 |
| Sep 25, 2022 | 24.06 |
| Jun 26, 2022 | 26.82 |
| Jun 26, 2022 | 26.82 |
| Mar 27, 2022 | 23.28 |
| Mar 27, 2022 | 23.28 |
| Dec 31, 2021 | 21.77 |
| Dec 31, 2021 | 21.77 |
| Sep 26, 2021 | 26.26 |
| Sep 26, 2021 | 26.26 |
| Jun 27, 2021 | 26.90 |
| Jun 27, 2021 | 26.90 |
| Mar 28, 2021 | 17.08 |
| Mar 28, 2021 | 17.08 |
| Dec 31, 2020 | 25.80 |
| Dec 31, 2020 | 25.80 |
| Sep 27, 2020 | 24.30 |
| Sep 27, 2020 | 24.30 |
| Jun 28, 2020 | 44.44 |
| Jun 28, 2020 | 44.44 |
| Mar 29, 2020 | 26.40 |
| Mar 29, 2020 | 26.40 |
| Dec 31, 2019 | 21.89 |
| Dec 31, 2019 | 21.89 |
| Sep 29, 2019 | 26.00 |
| Sep 29, 2019 | 26.00 |
| Jun 30, 2019 | 25.08 |
| Jun 30, 2019 | 25.08 |
| Mar 31, 2019 | 22.33 |
| Mar 31, 2019 | 22.33 |
| Dec 31, 2018 | 11.39 |
| Dec 31, 2018 | 11.39 |
| Sep 30, 2018 | 25.25 |
| Sep 30, 2018 | 25.25 |
| Jul 1, 2018 | 25.50 |
| Jul 1, 2018 | 25.50 |
| Apr 1, 2018 | 19.56 |
| Apr 1, 2018 | 19.56 |
| Dec 31, 2017 | 7.71 |
| Dec 31, 2017 | 7.71 |
| Sep 24, 2017 | 36.00 |
| Sep 24, 2017 | 36.00 |
| Jun 25, 2017 | 32.93 |
| Jun 25, 2017 | 32.93 |
| Mar 26, 2017 | 20.25 |
| Mar 26, 2017 | 20.25 |
| Dec 31, 2016 | 32.58 |
| Dec 31, 2016 | 32.58 |
| Sep 25, 2016 | 33.66 |
| Sep 25, 2016 | 33.66 |
| Jun 26, 2016 | 35.66 |
| Jun 26, 2016 | 35.66 |
| Mar 27, 2016 | 31.58 |
| Mar 27, 2016 | 31.58 |
| Dec 31, 2015 | 30.50 |
| Dec 31, 2015 | 30.50 |
| Sep 27, 2015 | 36.22 |
| Sep 27, 2015 | 36.22 |
| Jun 28, 2015 | 38.00 |
| Jun 28, 2015 | 38.00 |
| Mar 29, 2015 | 38.00 |
| Mar 29, 2015 | 38.00 |
| Dec 31, 2014 | 34.06 |
| Dec 31, 2014 | 34.06 |
| Sep 28, 2014 | 38.50 |
| Sep 28, 2014 | 38.50 |
| Jun 29, 2014 | 38.50 |
| Jun 29, 2014 | 38.50 |
| Mar 30, 2014 | 38.49 |
| Mar 30, 2014 | 38.49 |
| Dec 31, 2013 | -11.27 |
| Dec 31, 2013 | -11.27 |
| Sep 29, 2013 | 35.36 |
| Sep 29, 2013 | 35.36 |
| Jun 30, 2013 | 39.02 |
| Jun 30, 2013 | 39.02 |
| Mar 31, 2013 | 38.98 |
| Mar 31, 2013 | 38.98 |
| Dec 31, 2012 | -223.39 |
| Dec 31, 2012 | -223.39 |
| Jul 1, 2012 | -99.80 |
| Jul 1, 2012 | -99.80 |
| Dec 31, 2011 | -13.83 |
| Dec 31, 2011 | -13.83 |