---
schema_version: "secwatch.filing_event.v1"
accession: "0000076605-24-000105"
form_type: "8-K"
ticker: "PATK"
cik: "0000076605"
company_name: "PATRICK INDUSTRIES INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:11:30.473109+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Patrick Industries Q1 net sales up 4% to $933M; adjusted EPS $1.79, +31% YoY

## Summary
- Net sales $933M (+4% YoY); net income $35M (+16%); diluted EPS $1.59 (+18%).
- Adjusted diluted EPS $1.79 (+31%); adjusted EBITDA $111M (+14%); operating margin 6.4% (+20 bps).
- RV revenue up 15% to $421M; marine down 35% to $155M; housing up 5% to $275M.
- Completed Sportech acquisition (largest in history) on Jan 24; net leverage 2.8x.
- Cash from ops $35M (vs -$1M); trailing free cash flow $391M (+11%); liquidity $413M.

## SEC filing metadata
- accession: 0000076605-24-000105
- form_type: 8-K
- ticker: PATK
- cik: 0000076605
- company_name: PATRICK INDUSTRIES INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/76605/000007660524000105/0000076605-24-000105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76605/000007660524000105/patk-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000076605-24-000105
- JSON: https://secwatch.observer/filing/0000076605-24-000105.json
- Plain text: https://secwatch.observer/filing/0000076605-24-000105.txt

## Key facts
- Earnings Releases
  PATRICK INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $933 million, net income $35 million, EPS $1.59.
  - Period: first quarter ended March 31, 2024
  - Revenue: $933 million
  - Net income: $35 million
  - EPS: $1.59
  - Result: reported results
  source text: today reported financial results for the first quarter ended March 31, 2024. Net sales increased 4% to $933 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/76605/000007660524000105/0000076605-24-000105-index.htm

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