---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-24-000044"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:05:53.792448+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries Q4 net sales down 18% to $781M, EPS $1.41 vs $1.68 YoY; declares $0.55 dividend

## Summary
- Q4 net sales $781M (-18% YoY); diluted EPS $1.41 vs $1.68; adjusted EBITDA $100M (-8%).
- Full year net sales $3.5B (-29%); net income $143M (-56%); adjusted EBITDA $425M (-34%).
- RV segment revenue $353M (-14%); Marine $174M (-32%); Housing $254M (-11%).
- Board declared quarterly cash dividend $0.55 per share, payable March 4, 2024 to record Feb 20.
- Completed $315M acquisition of Sportech in January 2024; repaid $260M debt in 2023.

## SEC filing metadata
- accession: 0000076605-24-000044
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660524000044/0000076605-24-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660524000044/patk-20240205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-24-000044
- JSON: https://secwatch.observer/filing/0000076605-24-000044.json
- Plain text: https://secwatch.observer/filing/0000076605-24-000044.txt

## Key facts
- Earnings Releases
  PATRICK INDUSTRIES INC reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: On February 8, 2024, the Company issued a press release announcing operating results for the fourth quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76605/000007660524000044/0000076605-24-000044-index.htm
- Earnings Releases
  PATRICK INDUSTRIES INC reported financial results for the year ended December 31, 2023.
  - Period: the year ended December 31, 2023
  - Result: reported results
  source text: On February 8, 2024, the Company issued a press release announcing operating results for the fourth quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/76605/000007660524000044/0000076605-24-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.