Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Patrick Industries, Inc. (PATK) had Return on Tangible Equity of -6.43% for the most recently reported fiscal quarter, ending 2024-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2024-03-31

Income Statement Financials
Revenue	$933.49M
Net Income	$35.09M
Cost of Goods Sold	$728.64M
Gross Profit	$204.85M
Operating Expenses	$874.15M
Operating Income	$59.34M
Non-Operating Income/Expense	$-20.09M
Pre-Tax Income	$39.25M
Normalized Pre-Tax Income	$39.25M
Income after Taxes	$35.09M
Income from Continuous Operations	$35.09M
Consolidated Net Income/Loss	$35.09M
Normalized Income after Taxes	$35.09M
EBIT	$59.34M
EBITDA	$99.68M
Weighted-Average Shares Outstanding (Basic)	21.65M
Weighted-Average Shares Outstanding (Diluted)	22.08M
Earnings per Share (EPS) (Basic)	$1.62
Earnings per Share (EPS) (Diluted)	$1.59
Balance Sheet Financials
Current Assets	$859.37M
Property, Plant, and Equipment	$371.13M
Long-Term Assets	$2.17B
Total Assets	$3.03B
Current Liabilities	$360.54M
Long-Term Debt	$1.39B
Long-Term Liabilities	$1.61B
Total Liabilities	$1.97B
Common Equity	$1.06B
Tangible Shareholders Equity	$-545.95M
Shareholders Equity	$1.06B
Common Shares Outstanding	22.40M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$35.18M
Cash Flow from Investing Activities	$-370.72M
Cash Flow from Financial Activities	$341.75M
Beginning Cash	$11.41M
End Cash	$17.61M
Increase/Decrease in Cash	$6.20M
Stock-Based Compensation	$5.46M
Common Stock Dividends Paid	$-13.01M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.38
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.57
Debt to Equity Ratio	1.32
Gross Margin	21.95%
Operating Margin	6.36%
EBIT Margin	6.36%
EBITDA Margin	--
Pre-Tax Profit Margin	4.20%
Profit Margin	3.76%
Free Cash Flow	$19.85M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.31
Inventory Turnover	1.42
Receiveable Turnover	3.35
Days Sales in Receivables	26.84
Return on Equity	3.32%
Return on Tangible Equity	-6.43%
Return on Assets	1.16%
Return on Investments	1.43%
Book Value Per Share	$47.25
Free Cash Flow per Share	$0.90
Operating Cash Flow per Share	$1.59

Data from Zacks Investment Research, Inc.