Patrick Industries Debt-to-Equity Ratio Growth & History (PATK)
Patrick Industries's debt-to-equity ratio was 1.26 for fiscal 2025.
View full Patrick Industries company overviewPatrick Industries annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.26 | −0.09 | −6.46% |
| 2024 | 2024-12-31 | 1.35 | 0.19 | +16.86% |
| 2023 | 2023-12-31 | 1.15 | −0.36 | −23.95% |
| 2022 | 2022-12-31 | 1.52 | −0.37 | −19.45% |
| 2021 | 2021-12-31 | 1.89 | 0.21 | +12.50% |
| 2020 | 2020-12-31 | 1.68 | 0.13 | +8.33% |
| 2019 | 2019-12-31 | 1.55 | 0.00 | +0.28% |
| 2018 | 2018-12-31 | 1.54 | 0.59 | +61.58% |
| 2017 | 2017-12-31 | 0.95 | −0.52 | −35.05% |
| 2016 | 2016-12-31 | 1.47 | −0.12 | −7.28% |
| 2015 | 2015-12-31 | 1.59 | 0.60 | +61.21% |
| 2014 | 2014-12-31 | 0.98 | 0.32 | +47.16% |
| 2013 | 2013-12-31 | 0.67 | −0.15 | −18.29% |
| 2012 | 2012-12-31 | 0.82 | −0.32 | −28.43% |
| 2011 | 2011-12-31 | 1.14 | −0.86 | −42.81% |
| 2010 | 2010-12-31 | 2.00 | — | — |
Patrick Industries quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | 1.46 | 0.18 | +13.74% |
| Q1 2026 | 2026-03-29 | 1.35 | −0.08 | −5.51% |
| Q4 2025 | 2025-12-31 | 1.26 | −0.09 | −6.46% |
| Q3 2025 | 2025-09-28 | 1.31 | −0.10 | −7.34% |
| Q2 2025 | 2025-06-29 | 1.28 | −0.09 | −6.85% |
| Q1 2025 | 2025-03-30 | 1.43 | −0.08 | −5.06% |
| Q4 2024 | 2024-12-31 | 1.35 | 0.19 | +16.86% |
| Q3 2024 | 2024-09-29 | 1.42 | 0.17 | +13.52% |
| Q2 2024 | 2024-06-30 | 1.38 | −0.02 | −1.62% |
| Q1 2024 | 2024-03-31 | 1.51 | −0.05 | −3.21% |
| Q4 2023 | 2023-12-31 | 1.15 | −0.36 | −23.95% |
| Q3 2023 | 2023-10-01 | 1.25 | −0.35 | −21.77% |
| Q2 2023 | 2023-07-02 | 1.40 | −0.44 | −23.83% |
| Q1 2023 | 2023-04-02 | 1.56 | −0.53 | −25.50% |
| Q4 2022 | 2022-12-31 | 1.52 | −0.37 | −19.45% |
| Q3 2022 | 2022-09-25 | 1.59 | −0.18 | −10.33% |
| Q2 2022 | 2022-06-26 | 1.84 | −0.07 | −3.49% |
| Q1 2022 | 2022-03-27 | 2.09 | 0.54 | +35.25% |
| Q4 2021 | 2021-12-31 | 1.89 | 0.21 | +12.50% |
| Q3 2021 | 2021-09-26 | 1.78 | 0.28 | +19.00% |
| Q2 2021 | 2021-06-27 | 1.91 | 0.33 | +21.27% |
| Q1 2021 | 2021-03-28 | 1.54 | −0.02 | −1.46% |
| Q4 2020 | 2020-12-31 | 1.68 | 0.13 | +8.33% |
| Q3 2020 | 2020-09-27 | 1.49 | −0.08 | −5.38% |
| Q2 2020 | 2020-06-28 | 1.57 | 0.13 | +8.74% |
| Q1 2020 | 2020-03-29 | 1.57 | −0.07 | −4.46% |
| Q4 2019 | 2019-12-31 | 1.55 | 0.00 | +0.28% |
| Q3 2019 | 2019-09-30 | 1.58 | 0.13 | +8.63% |
| Q2 2019 | 2019-06-30 | 1.44 | 0.00 | +0.11% |
| Q1 2019 | 2019-03-31 | 1.64 | 0.58 | +55.17% |
| Q4 2018 | 2018-12-31 | 1.54 | 0.59 | +61.58% |
| Q3 2018 | 2018-09-30 | 1.45 | 0.69 | +90.55% |
| Q2 2018 | 2018-07-01 | 1.44 | 0.63 | +77.64% |
| Q1 2018 | 2018-04-01 | 1.06 | 0.34 | +47.46% |
| Q4 2017 | 2017-12-31 | 0.95 | −0.52 | −35.05% |
| Q3 2017 | 2017-09-24 | 0.76 | −0.88 | −53.53% |
| Q2 2017 | 2017-06-25 | 0.81 | −0.85 | −51.14% |
| Q1 2017 | 2017-03-26 | 0.72 | −1.01 | −58.59% |
| Q4 2016 | 2016-12-31 | 1.47 | −0.12 | −7.28% |
| Q3 2016 | 2016-09-25 | 1.64 | −0.06 | −3.49% |
| Q2 2016 | 2016-06-26 | 1.66 | 0.43 | +34.56% |
| Q1 2016 | 2016-03-27 | 1.73 | 0.35 | +25.01% |
| Q4 2015 | 2015-12-31 | 1.59 | 0.60 | +61.21% |
| Q3 2015 | 2015-09-27 | 1.70 | 0.65 | +61.16% |
| Q2 2015 | 2015-06-28 | 1.24 | 0.19 | +17.67% |
| Q1 2015 | 2015-03-29 | 1.38 | 0.86 | +164.04% |
| Q4 2014 | 2014-12-31 | 0.98 | 0.32 | +47.16% |
| Q3 2014 | 2014-09-28 | 1.05 | — | — |
| Q2 2014 | 2014-06-29 | 1.05 | — | — |
| Q1 2014 | 2014-03-30 | 0.52 | −0.32 | −37.83% |
| Q4 2013 | 2013-12-31 | 0.67 | −0.15 | −18.29% |
| Q1 2013 | 2013-03-31 | 0.84 | −0.17 | −17.10% |
| Q4 2012 | 2012-12-31 | 0.82 | −0.32 | −28.43% |
| Q3 2012 | 2012-09-30 | 0.57 | −0.66 | −53.36% |
| Q2 2012 | 2012-07-01 | 0.50 | −1.23 | −70.87% |
| Q1 2012 | 2012-04-01 | 1.02 | — | — |
| Q4 2011 | 2011-12-31 | 1.14 | −0.86 | −42.81% |
| Q3 2011 | 2011-09-25 | 1.23 | — | — |
| Q2 2011 | 2011-06-26 | 1.73 | — | — |
| Q4 2010 | 2010-12-31 | 2.00 | — | — |
Patrick Industries debt-to-equity ratio trends
Over the last five fiscal years, Patrick Industries's debt-to-equity ratio decreased from 1.68 to 1.26, a change of −0.41. The latest reported quarter, Q2 2026, shows 1.46.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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