PATRICK INDUSTRIES INC

Patrick Industries, Inc. is a leading provider of component solutions for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets. These industrial markets include single and multi-family housing, hospitality, institutional, and commercial sectors. As of December 31, 2025, the company operates through a nationwide network comprising approximately 191 manufacturing plants and 50 warehouse and distribution facilities located in 25 states, with a small presence in Mexico, China, and Canada. The company operates in two reportable segments: Manufacturing and Distribution. These segments utilize a nationwide network of manufacturing and distribution centers to reduce in-transit delivery time and cost for customers. For the year ended December 31, 2025, the Manufacturing segment accounted for 74% of consolidated net sales, while the Distribution segment accounted for 26%. Over the last three years, Patrick Industries has completed acquisitions for an aggregate cash consideration of approximately $560 million, net of cash acquired.