Patrick Industries, Inc. Overview
Pro stress-test →Patrick Industries is a component solutions provider serving the recreational vehicle (RV), marine, powersports and housing markets. Incorporated in 1959 and headquartered in Elkhart, Indiana—the epicenter of the North American RV industry—the company has evolved far beyond its origins as a simple wood products supplier.
Strategic Profile
Pro stress-test →The company operates a two-pronged business model: a Manufacturing segment (74% of Q3 2025 revenue) producing everything from laminated furniture to electrical systems, and a Distribution segment (26% of revenue) serving as a one-stop shop for OEMs seeking supply chain simplification. The company has proven it can drive content per unit gains even when industry volumes decline, demonstrating the value of its full solutions model and Advanced Product Groups.
Competitive Landscape
Pro stress-test →Primary competitors include THOR Industries, Winnebago Industries, Polaris Inc., Malibu Boats, Inc., and MasterCraft Boat Holdings. Patrick Industries differentiates through its diversified component solutions model serving multiple OEMs across interconnected outdoor enthusiast and housing markets, rather than focusing on single product categories.
Industry Context
Patrick Industries, Inc. operates in Component Solutions & Manufacturing - Recreational Vehicle, Marine, Powersports & Housing Markets.
Key facts
Founded: 1959 · Headquarters: Elkhart, Indiana · Employees: N/A · Revenue: N/A · Market cap: $4.11B