Patrick Industries ROE 2024

Patrick Industries Aktienanalyse

What does Patrick Industries do?

Patrick Industries Inc is a leading manufacturer of component parts and distributor of complete products for a variety of industries, including RV, marine, housing, transportation, and industrial, as well as mobile communication and technology. The company is headquartered in Elkhart, Indiana and was founded in 1959. History Patrick Industries started as a small family-owned business specializing in the production of veneer products for homes and motor yachts. Over time, the company expanded and diversified its product range to serve additional industries. In 1986, Patrick Industries went public and has since experienced continuous growth. The company now has over 60 locations and serves products and services throughout North America. Business Model Patrick Industries' business model is simple and effective: the company ensures durability and high quality of products. It aims to deliver innovative and desirable products that meet the highest standards. The company utilizes its own technological innovations and high-precision manufacturing techniques to stay at the forefront of technology. Additionally, Patrick Industries has a strong customer orientation, ensuring that customer needs and desires are fully met. Divisions Patrick Industries has various divisions to meet the diverse needs of the industries in which it operates. RV: Patrick Industries manufactures a wide range of RV components and products, including dashboards, cabinets, flooring, ceiling paneling, door systems, and much more. Marine: The company also offers a broad range of boat components and products, including upholstery and seat covers, flooring and ceiling paneling, and many other products needed for water sports activities. Housing: Patrick Industries' housing division provides furniture and building components for industrial and residential buildings. Transportation: Patrick Industries also manufactures components and products for the transportation industry, including automotive coatings, trailers, cargo trailers, mail carriers, industrial vans, and many others. Mobile Technology: The company also supplies products for mobile communication and technology, such as housings, components, displays, etc. Products Patrick Industries provides a wide range of products, including: - Drive belts - Armrest sets - Flooring - Ceiling paneling - Furnishing accessories - Housings - Luggage trailers - Housings - Cables - Cabin walls - Power amplifiers - Speakers - Gauges - Engine compartment components - Furniture components - Upholstery and seat covers - Switches - Marine equipment - Cabinet door systems - Seats and seat cushions - Mirrors - Power distributors - Coverings - Packaging - Water dispensers - RV components Conclusion Patrick Industries is a versatile and innovative company. Since its founding, it has experienced continuous growth and is now a leading manufacturer of component parts and distributor of complete products for a variety of industries. The company places great emphasis on the durability and quality of its products and offers a wide range of products in various industries. Its strong customer orientation and ability to meet customer needs will contribute to its continued success in the future. Patrick Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Patrick Industries's Return on Equity (ROE)

Patrick Industries's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Patrick Industries's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Patrick Industries's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Patrick Industries’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Patrick Industries stock

What is the ROE (Return on Equity) of Patrick Industries this year?

The ROE of Patrick Industries this year is 0.14 undefined.

How has the Return on Equity (ROE) of Patrick Industries developed compared to the previous year?

The ROE of Patrick Industries has increased by -60.21% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Patrick Industries?

A high ROE indicates that Patrick Industries generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Patrick Industries?

A low ROE can indicate that Patrick Industries is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Patrick Industries affect the company?

A change in ROE (Return on Equity) of Patrick Industries can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Patrick Industries?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Patrick Industries?

Some factors that can influence Patrick Industries's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Patrick Industries pay?

Over the past 12 months, Patrick Industries paid a dividend of 1.9 USD . This corresponds to a dividend yield of about 1.4 %. For the coming 12 months, Patrick Industries is expected to pay a dividend of 2.47 USD.

What is the dividend yield of Patrick Industries?

The current dividend yield of Patrick Industries is 1.4 %.

When does Patrick Industries pay dividends?

Patrick Industries pays a quarterly dividend. This is distributed in the months of December, March, July, September.

How secure is the dividend of Patrick Industries?

Patrick Industries paid dividends every year for the past 8 years.

What is the dividend of Patrick Industries?

For the upcoming 12 months, dividends amounting to 2.47 USD are expected. This corresponds to a dividend yield of 1.82 %.

In which sector is Patrick Industries located?

Patrick Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Patrick Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patrick Industries from 9/9/2024 amounting to 0.55 USD, you needed to have the stock in your portfolio before the ex-date on 8/26/2024.

When did Patrick Industries pay the last dividend?

The last dividend was paid out on 9/9/2024.

What was the dividend of Patrick Industries in the year 2023?

In the year 2023, Patrick Industries distributed 1.44 USD as dividends.

In which currency does Patrick Industries pay out the dividend?

The dividends of Patrick Industries are distributed in USD.