Patrick Industries (PATK)
Market Price (12/29/2025): $111.93 | Market Cap: $3.6 BilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment
Patrick Industries (PATK)
Market Price (12/29/2025): $111.93Market Cap: $3.6 BilSector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldFCF Yield is 5.1% | Trading close to highsDist 52W High is -3.0%, Dist 3Y High is -3.0% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.3% |
| Low stock price volatilityVol 12M is 33% | Key risksPATK key risks include [1] a high concentration of sales with two key customers and [2] a significant debt build-up resulting in an elevated leverage ratio. | |
| Megatrend and thematic driversMegatrends include Outdoor & Recreational Economy, and Future of Housing. Themes include RV & Marine Components, and Modular & Prefabricated Housing. |
| Attractive yieldFCF Yield is 5.1% |
| Low stock price volatilityVol 12M is 33% |
| Megatrend and thematic driversMegatrends include Outdoor & Recreational Economy, and Future of Housing. Themes include RV & Marine Components, and Modular & Prefabricated Housing. |
| Trading close to highsDist 52W High is -3.0%, Dist 3Y High is -3.0% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -7.3% |
| Key risksPATK key risks include [1] a high concentration of sales with two key customers and [2] a significant debt build-up resulting in an elevated leverage ratio. |
Why The Stock Moved
Qualitative Assessment
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1. Mixed Third Quarter 2025 Financial Performance: Patrick Industries reported mixed results for the third quarter of 2025. Net sales increased by 6% to $976 million, surpassing analyst estimates, but the company experienced a decline in both operating income and net income compared to the previous year. Diluted earnings per share (EPS) also decreased to $1.01, although this figure still beat analyst projections.
2. Increased Quarterly Cash Dividend: In November 2025, Patrick Industries announced an increase in its regular quarterly cash dividend. The dividend was raised by 17.5% to $0.47 per share.
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Stock Movement Drivers
Fundamental Drivers
The 8.6% change in PATK stock from 9/28/2025 to 12/28/2025 was primarily driven by a 13.2% change in the company's P/E Multiple.| 9282025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 103.15 | 112.05 | 8.63% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 3816.54 | 3872.73 | 1.47% |
| Net Income Margin (%) | 3.30% | 3.11% | -5.80% |
| P/E Multiple | 26.60 | 30.10 | 13.16% |
| Shares Outstanding (Mil) | 32.52 | 32.38 | 0.43% |
| Cumulative Contribution | 8.63% |
Market Drivers
9/28/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| PATK | 8.6% | |
| Market (SPY) | 4.3% | 19.7% |
| Sector (XLY) | 1.8% | 31.8% |
Fundamental Drivers
The 22.2% change in PATK stock from 6/29/2025 to 12/28/2025 was primarily driven by a 42.2% change in the company's P/E Multiple.| 6292025 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 91.71 | 112.05 | 22.18% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 3785.61 | 3872.73 | 2.30% |
| Net Income Margin (%) | 3.74% | 3.11% | -16.76% |
| P/E Multiple | 21.17 | 30.10 | 42.20% |
| Shares Outstanding (Mil) | 32.67 | 32.38 | 0.89% |
| Cumulative Contribution | 22.17% |
Market Drivers
6/29/2025 to 12/28/2025| Return | Correlation | |
|---|---|---|
| PATK | 22.2% | |
| Market (SPY) | 12.6% | 26.5% |
| Sector (XLY) | 11.9% | 38.7% |
Fundamental Drivers
The 36.4% change in PATK stock from 12/28/2024 to 12/28/2025 was primarily driven by a 73.8% change in the company's P/E Multiple.| 12282024 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 82.12 | 112.05 | 36.44% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 3650.75 | 3872.73 | 6.08% |
| Net Income Margin (%) | 4.24% | 3.11% | -26.53% |
| P/E Multiple | 17.32 | 30.10 | 73.84% |
| Shares Outstanding (Mil) | 32.61 | 32.38 | 0.70% |
| Cumulative Contribution | 36.44% |
Market Drivers
12/28/2024 to 12/28/2025| Return | Correlation | |
|---|---|---|
| PATK | 36.4% | |
| Market (SPY) | 17.0% | 52.7% |
| Sector (XLY) | 7.0% | 57.9% |
Fundamental Drivers
The 190.0% change in PATK stock from 12/29/2022 to 12/28/2025 was primarily driven by a 720.6% change in the company's P/E Multiple.| 12292022 | 12282025 | Change | |
|---|---|---|---|
| Stock Price ($) | 38.64 | 112.05 | 189.96% |
| Change Contribution By | LTM | LTM | |
| Total Revenues ($ Mil) | 5077.44 | 3872.73 | -23.73% |
| Net Income Margin (%) | 6.87% | 3.11% | -54.72% |
| P/E Multiple | 3.67 | 30.10 | 720.64% |
| Shares Outstanding (Mil) | 33.13 | 32.38 | 2.26% |
| Cumulative Contribution | 189.81% |
Market Drivers
12/29/2023 to 12/28/2025| Return | Correlation | |
|---|---|---|
| PATK | 73.5% | |
| Market (SPY) | 48.4% | 50.9% |
| Sector (XLY) | 38.6% | 54.3% |
Price Returns Compared
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PATK Return | 33% | 20% | -23% | 70% | 26% | 38% | 261% |
| Peers Return | 16% | 38% | -12% | 21% | 26% | 16% | 150% |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 18% | 114% |
Monthly Win Rates [3] | |||||||
| PATK Win Rate | 67% | 67% | 50% | 58% | 58% | 67% | |
| Peers Win Rate | 52% | 65% | 42% | 68% | 57% | 52% | |
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 73% | |
Max Drawdowns [4] | |||||||
| PATK Max Drawdown | -63% | -0% | -46% | 0% | -6% | -10% | |
| Peers Max Drawdown | -34% | -5% | -26% | -7% | -9% | -23% | |
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | |
[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)
How Low Can It Go
| Event | PATK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -55.8% | -25.4% |
| % Gain to Breakeven | 126.3% | 34.1% |
| Time to Breakeven | 425 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -69.3% | -33.9% |
| % Gain to Breakeven | 225.5% | 51.3% |
| Time to Breakeven | 117 days | 148 days |
| 2018 Correction | ||
| % Loss | -61.0% | -19.8% |
| % Gain to Breakeven | 156.6% | 24.7% |
| Time to Breakeven | 722 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -98.6% | -56.8% |
| % Gain to Breakeven | 7088.0% | 131.3% |
| Time to Breakeven | 1,292 days | 1,480 days |
Compare to HPQ, HPE, IBM, CSCO, AAPL
In The Past
Patrick Industries's stock fell -55.8% during the 2022 Inflation Shock from a high on 5/7/2021. A -55.8% loss requires a 126.3% gain to breakeven.
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AI Analysis | Feedback
- Like **Magna International** for the RV and Marine industries.
- Similar to **Leggett & Platt** for recreational vehicles, boats, and manufactured housing components.
AI Analysis | Feedback
- Laminated Products: These include panels, countertops, and other surfaces manufactured using various decorative and functional laminates for their target markets.
- Cabinetry & Fixtures: This category encompasses custom and standard cabinets, furniture, and other interior fixtures primarily for recreational vehicles, manufactured homes, and marine applications.
- Marine & RV Components: Specialized components such as seating, towers, controls, electrical systems, plumbing, and other accessories tailored for boats and recreational vehicles.
- Building Materials: A range of other building products and raw materials, including flooring, wall panels, roofing, and exterior siding, supplied to their core markets.
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Major Customers of Patrick Industries (PATK)
Patrick Industries (PATK) primarily sells its components, building products, and materials to **other companies**, specifically Original Equipment Manufacturers (OEMs) across several industries. The company is a key supplier to manufacturers in the Recreational Vehicle (RV), Marine, Manufactured Housing, and certain Industrial markets.
While specific customer names and their individual revenue contributions are generally not itemized in public filings beyond aggregated data, Patrick Industries' 2022 10-K filing stated that one major OEM in the RV industry accounted for approximately 12% of its consolidated net sales for the year. The company also states that it serves the largest OEMs in its target markets. Based on market leadership and Patrick Industries' stated focus, the following public companies are highly likely to be significant customers or representative of the types of major customers Patrick Industries serves:
-
Recreational Vehicle (RV) Manufacturers:
- Thor Industries (THO)
- Winnebago Industries (WGO)
-
Marine Manufacturers:
- Brunswick Corporation (BC)
- Malibu Boats (MBUU)
- MasterCraft Boat Holdings (MCFT)
-
Manufactured Housing Builders:
- Skyline Champion Corporation (SKY)
- Cavco Industries (CVCO)
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Andy L. Nemeth, Chairman and Chief Executive Officer
Mr. Nemeth was appointed Chairman of the Board in May 2024 and has served as Chief Executive Officer since January 2020. He was President of the Company from January 2016 to July 2021. Prior to his CEO role, he served as Executive Vice President of Finance and Chief Financial Officer from May 2004 to December 2015, and Secretary-Treasurer from 2002 to 2015. Mr. Nemeth joined Patrick Industries in 1996 and has over 33 years of experience in the RV, marine, manufactured housing, and industrial sectors. He began his career in public accounting with Coopers & Lybrand (now PwC), specializing in auditing and financial reporting for public manufacturing clients. He has led transformational acquisitions and implemented a strategic diversification plan during his tenure at Patrick.
Andrew C. Roeder, Executive Vice President — Finance, Chief Financial Officer, and Treasurer
Mr. Roeder was appointed Executive Vice President – Finance, Chief Financial Officer and Treasurer in March 2024. Before joining Patrick, Mr. Roeder was the Chief Financial Officer of the Marine segment of Polaris, Inc. from 2018 to 2024. He also served as the CFO of Bennington Marine from 2016 to 2018 and the Director of Financial Planning & Analysis for Bennington from 2014 to 2015. He brings over 10 years of experience in the marine industry.
Jeffrey M. Rodino, President
Mr. Rodino was named President in October 2025. He previously served as President—RV from January 2024 to September 2025, and as President of the Company from July 2021 to January 2024. His prior roles include Chief Sales Officer from September 2016 to July 2021, Executive Vice President of Sales from December 2011 to July 2021, and Chief Operating Officer from March 2013 to September 2016. Mr. Rodino has over 31 years of experience in the RV, marine, manufactured housing, and industrial markets.
Hugo E. Gonzalez, Executive Vice President — Operations and Chief Operating Officer
Mr. Gonzalez was appointed Executive Vice President - Operations in January 2024 and elected Chief Operating Officer in May 2024. He served as Senior Vice President of RV Operations for the Company from July 2021 to January 2024, Group Vice President of Operations from February 2020 to June 2021, and Business Unit Director from February 2017 to January 2020.
Joel D. Duthie, Executive Vice President, Chief Legal Officer and Secretary
Mr. Duthie joined Patrick Industries as General Counsel in November 2020 and was appointed Executive Vice President, Chief Legal Officer, and Secretary in May 2021. Before joining Patrick, Mr. Duthie was a partner with Barnes & Thornburg LLP, where he practiced law from 2000 to 2002 and 2007 to 2020, focusing on mergers and acquisitions, supply chain management, and commercial contract counseling. He also served as an assistant general counsel for a privately-held manufacturer of flow control products from 2002 to 2006.
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Here are the key risks to Patrick Industries (PATK):-
Macroeconomic Volatility and Consumer Softness
Patrick Industries is significantly exposed to macroeconomic volatility, with rising interest rates and inflation having the potential to dampen consumer spending in discretionary sectors such as recreational vehicles (RVs), recreational boating, and powersports. This consumer softness has already led to downward revisions in market outlooks for the RV and marine sectors, which are key revenue drivers for the company. Prolonged periods of reduced consumer confidence could further pressure sales volumes and pricing for PATK's components and materials.
-
Reliance on Key Customers and Cyclical Demand
A substantial portion of Patrick Industries' sales is concentrated with a few key customers. Specifically, two customers in the RV market collectively accounted for 29% of the company's consolidated net sales in 2024. The loss of either of these customers, with whom Patrick Industries does not have long-term agreements, could have a material adverse impact on its operating results and financial condition. Furthermore, the demand in the industries Patrick Industries serves, including RV, marine, powersports, and housing, is inherently cyclical, making the company susceptible to economic downturns and fluctuations in market demand.
-
Debt Build-up and Leverage
Despite experiencing strong revenue growth, Patrick Industries has accumulated significant debt, resulting in a higher leverage ratio and declining operating margins. As of FY 2024, the company's trailing net long-term debt/EBITDA of 301.03% was considerably higher than its sector median and its own five-year average. This debt build-up and increased leverage signal potential operating inefficiencies, which could pose risks to dividend growth and future acquisition activities, limiting the company's financial flexibility and growth prospects.
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Patrick Industries (PATK) operates primarily in the Recreational Vehicle (RV), Manufactured Housing, and Marine sectors within the United States, also serving industrial markets and having a small presence in Mexico, China, and Canada. The addressable markets for their main products and services in the U.S. are as follows: * Recreational Vehicle (RV) Market: The U.S. recreational vehicle market generated a revenue of USD 31,609.7 million in 2022 and is projected to reach USD 83,043.0 million by 2030, with a compound annual growth rate (CAGR) of 12.8% from 2023 to 2030. * Manufactured Housing Market: The United States manufactured homes market was valued at USD 25.91 billion in 2024. It is expected to grow at a CAGR of 5.30% during the forecast period of 2025-2034, reaching a valuation of USD 43.43 billion by 2034. * Marine Market: Annual U.S. sales of boats, marine products, and services are estimated to total USD 57.7 billion in 2023. Information regarding the specific addressable market sizes for Patrick Industries' offerings within the broader "Industrial" or "Powersports" sectors was not available. Therefore, market sizing for these product areas is null.AI Analysis | Feedback
Patrick Industries (PATK) is expected to drive future revenue growth over the next two to three years through a combination of strategic initiatives and market dynamics:
- Strategic Acquisitions: Patrick Industries consistently leverages strategic acquisitions to expand its product lines and market reach. Recent examples include the acquisitions of LilliPad Marine, Medallion Instrumentation Systems, and Elkhart Composites in 2025, and Sportech and RecPro in 2024, which bolster sales in the RV, marine, and powersports markets. The company's strong balance sheet and capital position enable it to pursue further inorganic growth opportunities.
- Content Gains and Product Innovation in Existing Markets: The company focuses on increasing its "content per unit" across its core markets, including RV, Marine, Powersports, and Manufactured Housing. This involves delivering innovative products and supporting customers with new model year changes and upgrades, leading to higher-value components and product mix shifts that favor revenue growth. For instance, Marine content per wholesale powerboat unit increased by 4% on a trailing twelve-month basis in Q3 2025.
- Diversification and Expansion into Adjacent Markets: Patrick Industries' ongoing diversification strategy across its various end markets has transformed its revenue mix, enhancing resilience against industry cyclicality and expanding its total addressable market. The company identifies opportunities for further expansion into adjacent markets, which could generate new revenue streams and mitigate the impact of demand fluctuations in core sectors.
- New Product Development and Technology Investments: The company plans to continue substantial investments in new product development, including both near-term model year prototyping and longer-term efforts through its advanced product group. Furthermore, Patrick Industries is investing in digital tools, data analytics, and AI-powered solutions to improve efficiency, accelerate decision-making, reduce costs, and unlock new value for customers, which can lead to innovative offerings and increased revenue.
- Aftermarket Expansion: Patrick Industries aims to optimize its aftermarket resources to create new opportunities for its brands. Continued investments in the aftermarket segment are expected to drive growth by providing parts, accessories, and services to existing product owners, extending the lifecycle value of their products.
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Share Repurchases
- In November 2024, the Board authorized an increase in the share repurchase program to $200.0 million, which included $72.9 million remaining from a previous authorization.
- In December 2022, the Board authorized an increase in the share repurchase program to $100.0 million, including $38.2 million remaining from the prior authorization.
- Patrick Industries repurchased approximately 377,600 shares for $32 million year-to-date through the second quarter of 2025.
Share Issuance
- In December 2021, Patrick Industries priced a private offering of $225.0 million in convertible senior notes due 2028, generating approximately $217 million in net proceeds.
- The company's 2028 convertible notes and related warrants resulted in approximately $0.03 per share in additional accounting-related dilution in the second quarter of 2025, due to the stock price exceeding the conversion strike price.
- Diluted earnings per share in the third quarter of 2025 included approximately $0.07 of dilution from the convertible notes and related warrants, compared to $0.04 in the prior year period.
Outbound Investments
- In the third quarter of 2025, Patrick Industries completed the acquisition of LilliPad Marine, a designer and manufacturer of boat ladders, diving board systems, and other marine accessories.
- During the first quarter of 2025, the company acquired Elkhart Composites and Medallion Instrumentation Systems, expanding its product offerings.
- In the third quarter of 2024, Patrick Industries acquired ICON Direct LLC, operating as RecPro, which enhanced its sales in the RV, marine, and powersports markets.
Capital Expenditures
- Patrick Industries estimates its total capital expenditures for 2025 to be between $75 million and $85 million.
- For the first nine months of 2025, purchases of property, plant, and equipment totaled $65 million.
- Capital expenditures in the third quarter of 2025 were $26 million, focused on automation, innovation, process modernization, and maintenance.
Latest Trefis Analyses
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|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to PATK. For more, see Trefis Trade Ideas.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 11302025 | BBWI | Bath & Body Works | Dip Buy | DB | Insider Buys | Low D/EDip Buy with Strong Insider BuyingBuying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 13.7% | 13.7% | 0.0% |
| 11262025 | HRB | H&R Block | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 6.0% | 6.0% | -0.1% |
| 11262025 | LRN | Stride | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.8% | 3.8% | -4.4% |
| 11212025 | ABNB | Airbnb | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 19.7% | 19.7% | 0.0% |
| 11212025 | MTN | Vail Resorts | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 2.3% | 2.3% | -1.6% |
Research & Analysis
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Peer Comparisons for Patrick Industries
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 95.10 |
| Mkt Cap | 158.8 |
| Rev LTM | 56,496 |
| Op Inc LTM | 7,584 |
| FCF LTM | 7,327 |
| FCF 3Y Avg | 7,366 |
| CFO LTM | 8,590 |
| CFO 3Y Avg | 8,697 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.0% |
| Rev Chg 3Y Avg | 2.2% |
| Rev Chg Q | 8.3% |
| QoQ Delta Rev Chg LTM | 2.0% |
| Op Mgn LTM | 12.2% |
| Op Mgn 3Y Avg | 11.9% |
| QoQ Delta Op Mgn LTM | -0.1% |
| CFO/Rev LTM | 14.6% |
| CFO/Rev 3Y Avg | 17.1% |
| FCF/Rev LTM | 11.6% |
| FCF/Rev 3Y Avg | 13.3% |
Price Behavior
| Market Price | $112.05 | |
| Market Cap ($ Bil) | 3.6 | |
| First Trading Date | 03/27/1990 | |
| Distance from 52W High | -3.0% | |
| 50 Days | 200 Days | |
| DMA Price | $105.45 | $96.82 |
| DMA Trend | up | up |
| Distance from DMA | 6.3% | 15.7% |
| 3M | 1YR | |
| Volatility | 28.3% | 33.0% |
| Downside Capture | 22.30 | 74.98 |
| Upside Capture | 57.47 | 93.97 |
| Correlation (SPY) | 20.3% | 52.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.78 | 0.30 | 0.44 | 0.71 | 0.90 | 1.10 |
| Up Beta | 0.51 | 1.05 | 1.31 | 1.47 | 1.06 | 1.27 |
| Down Beta | -0.43 | 0.25 | -0.28 | 0.17 | 0.75 | 0.77 |
| Up Capture | 163% | 28% | 33% | 85% | 83% | 213% |
| Bmk +ve Days | 13 | 26 | 39 | 74 | 142 | 427 |
| Stock +ve Days | 13 | 24 | 30 | 60 | 115 | 388 |
| Down Capture | 69% | -2% | 68% | 49% | 86% | 101% |
| Bmk -ve Days | 7 | 16 | 24 | 52 | 107 | 323 |
| Stock -ve Days | 7 | 18 | 32 | 64 | 132 | 358 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Comparison of PATK With Other Asset Classes (Last 1Y) | |||||||
|---|---|---|---|---|---|---|---|
| PATK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 37.4% | 7.5% | 17.8% | 72.1% | 8.6% | 4.4% | -8.2% |
| Annualized Volatility | 32.7% | 24.3% | 19.4% | 19.3% | 15.2% | 17.0% | 35.0% |
| Sharpe Ratio | 1.00 | 0.24 | 0.72 | 2.70 | 0.34 | 0.09 | -0.08 |
| Correlation With Other Assets | 57.9% | 52.8% | -6.0% | 14.3% | 58.5% | 23.5% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
| Comparison of PATK With Other Asset Classes (Last 5Y) | |||||||
|---|---|---|---|---|---|---|---|
| PATK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.2% | 9.6% | 14.7% | 18.7% | 11.5% | 4.6% | 30.8% |
| Annualized Volatility | 37.4% | 23.8% | 17.1% | 15.5% | 18.7% | 18.9% | 48.6% |
| Sharpe Ratio | 0.61 | 0.36 | 0.70 | 0.97 | 0.50 | 0.16 | 0.57 |
| Correlation With Other Assets | 53.7% | 52.7% | 3.0% | 11.5% | 46.9% | 24.7% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Comparison of PATK With Other Asset Classes (Last 10Y) | |||||||
|---|---|---|---|---|---|---|---|
| PATK | Sector ETF | Equity | Gold | Commodities | Real Estate | Bitcoin | |
| Annualized Return | 21.5% | 13.2% | 14.8% | 15.3% | 7.0% | 5.3% | 69.2% |
| Annualized Volatility | 46.5% | 21.9% | 18.0% | 14.7% | 17.6% | 20.8% | 55.8% |
| Sharpe Ratio | 0.60 | 0.55 | 0.71 | 0.86 | 0.32 | 0.22 | 0.90 |
| Correlation With Other Assets | 55.4% | 55.8% | 2.7% | 19.9% | 50.0% | 17.3% | |
ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/30/2025 | 2.0% | 7.7% | 8.5% |
| 7/31/2025 | -3.8% | 1.4% | 11.6% |
| 5/1/2025 | 6.0% | 5.5% | 12.1% |
| 2/6/2025 | -2.7% | -4.6% | -9.2% |
| 10/31/2024 | -6.0% | -2.9% | 0.7% |
| 8/1/2024 | -1.8% | -7.7% | 0.8% |
| 5/2/2024 | 6.0% | 10.1% | 10.1% |
| 2/8/2024 | 1.9% | 5.8% | 8.9% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 16 | 17 |
| # Negative | 8 | 8 | 7 |
| Median Positive | 3.5% | 4.3% | 10.1% |
| Median Negative | -3.9% | -5.2% | -9.2% |
| Max Positive | 8.4% | 15.1% | 21.3% |
| Max Negative | -6.0% | -7.7% | -67.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q (09/30/2025) |
| 06/30/2025 | 08/07/2025 | 10-Q (06/30/2025) |
| 03/31/2025 | 05/08/2025 | 10-Q (03/31/2025) |
| 12/31/2024 | 02/20/2025 | 10-K (12/31/2024) |
| 09/30/2024 | 11/07/2024 | 10-Q (09/30/2024) |
| 06/30/2024 | 08/08/2024 | 10-Q (06/30/2024) |
| 03/31/2024 | 05/09/2024 | 10-Q (03/31/2024) |
| 12/31/2023 | 02/29/2024 | 10-K (12/31/2023) |
| 09/30/2023 | 11/09/2023 | 10-Q (09/30/2023) |
| 06/30/2023 | 08/10/2023 | 10-Q (06/30/2023) |
| 03/31/2023 | 05/11/2023 | 10-Q (03/31/2023) |
| 12/31/2022 | 02/24/2023 | 10-K (12/31/2022) |
| 09/30/2022 | 11/03/2022 | 10-Q (09/30/2022) |
| 06/30/2022 | 08/04/2022 | 10-Q (06/30/2022) |
| 03/31/2022 | 05/05/2022 | 10-Q (03/31/2022) |
| 12/31/2021 | 02/25/2022 | 10-K (12/31/2021) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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