Patrick Industries, Inc. logo PATK - Patrick Industries, Inc.

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| PRICE TARGET: $122.33 DETAILS
HIGH: $150.00
LOW: $108.00
MEDIAN: $119.00
CONSENSUS: $122.33
UPSIDE: 46.21%

About Patrick Industries, Inc. (https://www.patrickind.com)

Patrick Industries, Inc. serves as a primary provider of essential components, construction products, and various materials to key sectors such as the recreational vehicle (RV), marine, manufactured housing, and industrial markets. The company's operational footprint covers the United States, China, and Canada, executed through its distinct Manufacturing and Distribution divisions. Within its Manufacturing segment, the company produces a comprehensive range of specialized parts and finished goods. This includes numerous interior furnishings like furniture, shelving, wall panels, various countertop options (including solid surface, granite, and quartz fabrications), bespoke cabinetry, and cabinet doors. Patrick Industries also fabricates fiberglass bath fixtures, tile systems, decorative laminated panels, and polymer-based flooring. Tailored for the marine and RV industries, it manufactures aluminum and plastic goods, fiberglass and plastic components, dash panels, and offers RV painting services. Acoustic products such as amplifiers, tower speakers, soundbars, and subwoofers are also part of its production capabilities. Additionally, this division supplies wrapped profile mouldings, interior passage doors, air handling systems, slide-out trim and fascia, various types of plywood, fiberglass and plastic helm systems, boat covers, adhesives, sealants, thermoformed shower surrounds, specialty bath and closet items, wiring harnesses, fuel tanks, CNC molds, composite parts, marine hardware, and slotwall panels. The company's Distribution division focuses on supplying a broad assortment of finished goods and raw materials. Its offerings include pre-finished wall and ceiling panels, drywall and finishing products, and a variety of electronic and audio system components. This segment also distributes major appliances, marine accessories, diverse wiring products, and crucial electrical and plumbing fixtures. Building materials such as fiber reinforced polyester and cement siding, along with raw and processed lumber, are also provided. Furthermore, the division handles various flooring types (including interior passage, roofing, laminate, and ceramic), shower doors, furniture, fireplaces with surrounds, and both interior and exterior lighting solutions. Beyond product supply, this division also delivers comprehensive transportation and logistics services. Established in 1959, Patrick Industries, Inc. is headquartered in Elkhart, Indiana.

Key Executives

NAME TITLE DOB SALARY
Andy L. Nemeth Chief Executive Officer & Chairman of the Board 1969 $2,328,063 USD
Jeffrey Rodino President 1970 $1,410,982 USD
Hugo Gonzalez President of Powersports and Housing & Chief Operating Officer 1981 $1,311,354 USD
Matthew Filer Chief Financial Officer, Executive Vice President of Finance & Treasurer 1974 $1,022,892 USD
Attorney Joel D. Duthie Executive Vice President, Chief Legal Officer & Secretary 1975 $992,400 USD
Jacob R. Petkovich President of Marine 1974 $566,842 USD
Doyle K. Stump Executive Vice President of Aftermarket $226,550 USD
Stacey Amundson Executive Vice President of Human Resources & Chief Human Resources Officer 1967
Stephen O'Hara Vice President of Investor Relations
Todd G. Gongwer Executive Vice President of Leadership & Culture

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