Patrick Industries, Inc.PATKNASDAQ
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Gross Profit Growth Recovery in Progress
Trending higher, below historical average, structural decline.
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Year-over-year gross profit growth rate
Latest
6.86%
↓ 72% below average
Average (9y)
24.61%
Historical baseline
Range
High:74.55%
Low:-26.20%
CAGR
-14.6%
Structural decline
| Period | Value |
|---|---|
| 2024 | 6.86% |
| 2023 | -26.20% |
| 2022 | 32.29% |
| 2021 | 74.55% |
| 2020 | 8.55% |
| 2019 | 1.68% |
| 2018 | 49.10% |
| 2017 | 37.76% |
| 2016 | 32.96% |
| 2015 | 28.50% |