vs
Side-by-side financial comparison of PATRICK INDUSTRIES INC (PATK) and Principal Financial Group (PFG). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $750.8M, roughly 1.2× Principal Financial Group). PATRICK INDUSTRIES INC runs the higher net margin — 3.1% vs 0.3%, a 2.9% gap on every dollar of revenue. On growth, PATRICK INDUSTRIES INC posted the faster year-over-year revenue change (9.2% vs 4.0%). Over the past eight quarters, PATRICK INDUSTRIES INC's revenue compounded faster (-0.5% CAGR vs -58.3%).
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
PATK vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $924.2M | $750.8M |
| Net Profit | $29.1M | $1.9M |
| Gross Margin | 23.0% | — |
| Operating Margin | 6.2% | — |
| Net Margin | 3.1% | 0.3% |
| Revenue YoY | 9.2% | 4.0% |
| Net Profit YoY | 99.7% | 783.0% |
| EPS (diluted) | $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.
| Q1 26 | — | $750.8M | ||
| Q4 25 | $924.2M | $4.6B | ||
| Q3 25 | $975.6M | $3.7B | ||
| Q2 25 | $1.0B | $3.7B | ||
| Q1 25 | $1.0B | $3.7B | ||
| Q4 24 | $846.1M | $4.8B | ||
| Q3 24 | $919.4M | $3.0B | ||
| Q2 24 | $1.0B | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $29.1M | $517.0M | ||
| Q3 25 | $35.3M | $213.8M | ||
| Q2 25 | $32.4M | $406.2M | ||
| Q1 25 | $38.2M | $48.1M | ||
| Q4 24 | $14.6M | $905.4M | ||
| Q3 24 | $40.9M | $-220.0M | ||
| Q2 24 | $47.9M | $353.1M |
| Q1 26 | — | — | ||
| Q4 25 | 23.0% | — | ||
| Q3 25 | 22.6% | — | ||
| Q2 25 | 23.9% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 22.1% | — | ||
| Q3 24 | 23.1% | — | ||
| Q2 24 | 22.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 6.2% | — | ||
| Q3 25 | 6.8% | — | ||
| Q2 25 | 8.3% | — | ||
| Q1 25 | 6.5% | — | ||
| Q4 24 | 4.7% | — | ||
| Q3 24 | 8.1% | — | ||
| Q2 24 | 8.3% | — |
| Q1 26 | — | 0.3% | ||
| Q4 25 | 3.1% | 11.3% | ||
| Q3 25 | 3.6% | 5.8% | ||
| Q2 25 | 3.1% | 11.1% | ||
| Q1 25 | 3.8% | 1.3% | ||
| Q4 24 | 1.7% | 19.1% | ||
| Q3 24 | 4.4% | -7.3% | ||
| Q2 24 | 4.7% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.82 | $2.30 | ||
| Q3 25 | $1.01 | $0.95 | ||
| Q2 25 | $0.96 | $1.79 | ||
| Q1 25 | $1.11 | $0.21 | ||
| Q4 24 | $-1.44 | $3.92 | ||
| Q3 24 | $1.80 | $-0.95 | ||
| Q2 24 | $2.16 | $1.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $26.4M | — |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.2B | — |
| Total Assets | $3.1B | — |
| Debt / EquityLower = less leverage | 1.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.4M | $4.4B | ||
| Q3 25 | $20.7M | $5.1B | ||
| Q2 25 | $22.0M | $3.7B | ||
| Q1 25 | $86.6M | $3.9B | ||
| Q4 24 | $33.6M | $4.2B | ||
| Q3 24 | $52.6M | $6.2B | ||
| Q2 24 | $44.0M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | $1.3B | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $11.9B | ||
| Q3 25 | $1.2B | $11.7B | ||
| Q2 25 | $1.1B | $11.4B | ||
| Q1 25 | $1.1B | $11.2B | ||
| Q4 24 | $1.1B | $11.1B | ||
| Q3 24 | $1.1B | $11.2B | ||
| Q2 24 | $1.1B | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $341.4B | ||
| Q3 25 | $3.1B | $334.5B | ||
| Q2 25 | $3.1B | $323.1B | ||
| Q1 25 | $3.2B | $313.0B | ||
| Q4 24 | $3.0B | $313.7B | ||
| Q3 24 | $3.1B | $322.9B | ||
| Q2 24 | $3.0B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | 1.18× | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 24 | — | 0.36× |
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 | $130.8M | — |
| Free Cash FlowOCF − Capex | $112.7M | — |
| FCF MarginFCF / Revenue | 12.2% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | 4.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $246.5M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $130.8M | $1.7B | ||
| Q3 25 | $9.1M | $1.0B | ||
| Q2 25 | $149.4M | $811.9M | ||
| Q1 25 | $40.1M | $977.3M | ||
| Q4 24 | $102.7M | $1.5B | ||
| Q3 24 | $51.5M | $1.1B | ||
| Q2 24 | $137.5M | $1.4B |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 4.50× | 3.37× | ||
| Q3 25 | 0.26× | 4.70× | ||
| Q2 25 | 4.61× | 2.00× | ||
| Q1 25 | 1.05× | 20.32× | ||
| Q4 24 | 7.05× | 1.61× | ||
| Q3 24 | 1.26× | — | ||
| Q2 24 | 2.87× | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PFG
Segment breakdown not available.
