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Side-by-side financial comparison of PACS Group, Inc. (PACS) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
PACS Group, Inc. is the larger business by last-quarter revenue ($1.4B vs $924.2M, roughly 1.5× PATRICK INDUSTRIES INC). PACS Group, Inc. runs the higher net margin — 4.4% vs 3.1%, a 1.3% gap on every dollar of revenue. On growth, PACS Group, Inc. posted the faster year-over-year revenue change (18.4% vs 9.2%). Over the past eight quarters, PACS Group, Inc.'s revenue compounded faster (20.5% CAGR vs -0.5%).
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
PACS vs PATK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.4B | $924.2M |
| Net Profit | $59.7M | $29.1M |
| Gross Margin | — | 23.0% |
| Operating Margin | 7.0% | 6.2% |
| Net Margin | 4.4% | 3.1% |
| Revenue YoY | 18.4% | 9.2% |
| Net Profit YoY | 3022.5% | 99.7% |
| EPS (diluted) | $0.42 | $0.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.4B | $924.2M | ||
| Q3 25 | $1.3B | $975.6M | ||
| Q2 25 | $1.3B | $1.0B | ||
| Q1 25 | $1.3B | $1.0B | ||
| Q4 24 | $1.1B | $846.1M | ||
| Q3 24 | $1.0B | $919.4M | ||
| Q2 24 | $981.4M | $1.0B | ||
| Q1 24 | $934.3M | $933.5M |
| Q4 25 | $59.7M | $29.1M | ||
| Q3 25 | $52.4M | $35.3M | ||
| Q2 25 | $51.0M | $32.4M | ||
| Q1 25 | $28.5M | $38.2M | ||
| Q4 24 | $1.9M | $14.6M | ||
| Q3 24 | $15.6M | $40.9M | ||
| Q2 24 | $-10.9M | $47.9M | ||
| Q1 24 | $49.1M | $35.1M |
| Q4 25 | — | 23.0% | ||
| Q3 25 | — | 22.6% | ||
| Q2 25 | — | 23.9% | ||
| Q1 25 | — | 22.8% | ||
| Q4 24 | — | 22.1% | ||
| Q3 24 | 17.1% | 23.1% | ||
| Q2 24 | 22.3% | 22.8% | ||
| Q1 24 | 21.2% | 21.9% |
| Q4 25 | 7.0% | 6.2% | ||
| Q3 25 | 6.4% | 6.8% | ||
| Q2 25 | 6.2% | 8.3% | ||
| Q1 25 | 3.8% | 6.5% | ||
| Q4 24 | 1.7% | 4.7% | ||
| Q3 24 | 2.2% | 8.1% | ||
| Q2 24 | 0.1% | 8.3% | ||
| Q1 24 | 8.6% | 6.4% |
| Q4 25 | 4.4% | 3.1% | ||
| Q3 25 | 3.9% | 3.6% | ||
| Q2 25 | 3.9% | 3.1% | ||
| Q1 25 | 2.2% | 3.8% | ||
| Q4 24 | 0.2% | 1.7% | ||
| Q3 24 | 1.5% | 4.4% | ||
| Q2 24 | -1.1% | 4.7% | ||
| Q1 24 | 5.3% | 3.8% |
| Q4 25 | $0.42 | $0.82 | ||
| Q3 25 | $0.32 | $1.01 | ||
| Q2 25 | $0.31 | $0.96 | ||
| Q1 25 | $0.17 | $1.11 | ||
| Q4 24 | $-0.03 | $-1.44 | ||
| Q3 24 | $0.10 | $1.80 | ||
| Q2 24 | $-0.07 | $2.16 | ||
| Q1 24 | $0.38 | $1.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $197.0M | $26.4M |
| Total DebtLower is stronger | $353.2M | $1.3B |
| Stockholders' EquityBook value | $946.8M | $1.2B |
| Total Assets | $5.6B | $3.1B |
| Debt / EquityLower = less leverage | 0.37× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $197.0M | $26.4M | ||
| Q3 25 | $355.7M | $20.7M | ||
| Q2 25 | $294.2M | $22.0M | ||
| Q1 25 | $287.5M | $86.6M | ||
| Q4 24 | $157.7M | $33.6M | ||
| Q3 24 | $49.5M | $52.6M | ||
| Q2 24 | $73.4M | $44.0M | ||
| Q1 24 | $81.2M | $17.6M |
| Q4 25 | $353.2M | $1.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $411.9M | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $946.8M | $1.2B | ||
| Q3 25 | $871.3M | $1.2B | ||
| Q2 25 | $806.8M | $1.1B | ||
| Q1 25 | $750.2M | $1.1B | ||
| Q4 24 | $709.6M | $1.1B | ||
| Q3 24 | $660.0M | $1.1B | ||
| Q2 24 | $572.1M | $1.1B | ||
| Q1 24 | $128.0M | $1.1B |
| Q4 25 | $5.6B | $3.1B | ||
| Q3 25 | $5.6B | $3.1B | ||
| Q2 25 | $5.5B | $3.1B | ||
| Q1 25 | $5.5B | $3.2B | ||
| Q4 24 | $5.2B | $3.0B | ||
| Q3 24 | $4.5B | $3.1B | ||
| Q2 24 | $3.9B | $3.0B | ||
| Q1 24 | $3.9B | $3.0B |
| Q4 25 | 0.37× | 1.10× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.58× | 1.18× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-3.4M | $130.8M |
| Free Cash FlowOCF − Capex | — | $112.7M |
| FCF MarginFCF / Revenue | — | 12.2% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | -0.06× | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.4M | $130.8M | ||
| Q3 25 | $204.8M | $9.1M | ||
| Q2 25 | $52.6M | $149.4M | ||
| Q1 25 | $150.2M | $40.1M | ||
| Q4 24 | $64.6M | $102.7M | ||
| Q3 24 | $209.2M | $51.5M | ||
| Q2 24 | $34.8M | $137.5M | ||
| Q1 24 | $58.8M | $35.2M |
| Q4 25 | — | $112.7M | ||
| Q3 25 | — | $-17.2M | ||
| Q2 25 | — | $131.1M | ||
| Q1 25 | — | $19.9M | ||
| Q4 24 | — | $77.2M | ||
| Q3 24 | — | $33.7M | ||
| Q2 24 | — | $120.6M | ||
| Q1 24 | — | $19.7M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | 12.5% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 9.1% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 11.9% | ||
| Q1 24 | — | 2.1% |
| Q4 25 | — | 2.0% | ||
| Q3 25 | — | 2.7% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 3.0% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | — | 1.7% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | -0.06× | 4.50× | ||
| Q3 25 | 3.91× | 0.26× | ||
| Q2 25 | 1.03× | 4.61× | ||
| Q1 25 | 5.28× | 1.05× | ||
| Q4 24 | 33.78× | 7.05× | ||
| Q3 24 | 13.39× | 1.26× | ||
| Q2 24 | — | 2.87× | ||
| Q1 24 | 1.20× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PACS
Segment breakdown not available.
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |