Patrick Industries Equity 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.

Equity Details

Analyzing Patrick Industries's Equity

Patrick Industries's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Patrick Industries's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Patrick Industries's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Patrick Industries's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Patrick Industries’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Patrick Industries stock

What is the equity of Patrick Industries this year?

Patrick Industries has equity of 1.05 B USD this year.

What was the equity of Patrick Industries compared to the previous year?

The equity of Patrick Industries has increased/decreased by 9.44% increased compared to the previous year.

What impact does a high equity have on investors of Patrick Industries?

A high equity is advantageous for investors of Patrick Industries as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Patrick Industries?

A low equity can be a risk for investors of Patrick Industries, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Patrick Industries affect the company?

An increase in equity of Patrick Industries can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Patrick Industries affect the company?

A reduction in equity of Patrick Industries can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Patrick Industries?

Some factors that can affect the equity of Patrick Industries include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Patrick Industries so important for investors?

The equity of Patrick Industries is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Patrick Industries take to change the equity?

To change equity, Patrick Industries can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Patrick Industries pay?

Over the past 12 months, Patrick Industries paid a dividend of . This corresponds to a dividend yield of about . 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 .

When does Patrick Industries pay dividends?

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

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 12/9/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 11/25/2024.

When did Patrick Industries pay the last dividend?

The last dividend was paid out on 12/9/2024.

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.