vs
Side-by-side financial comparison of PATRICK INDUSTRIES INC (PATK) and RH (RH). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $883.8M, roughly 1.0× RH). RH runs the higher net margin — 4.1% vs 3.1%, a 1.0% gap on every dollar of revenue. On growth, PATRICK INDUSTRIES INC posted the faster year-over-year revenue change (9.2% vs 8.9%). PATRICK INDUSTRIES INC produced more free cash flow last quarter ($112.7M vs $83.0M). Over the past eight quarters, RH's revenue compounded faster (9.4% CAGR vs -0.5%).
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
PATK vs RH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $924.2M | $883.8M |
| Net Profit | $29.1M | $36.3M |
| Gross Margin | 23.0% | 44.1% |
| Operating Margin | 6.2% | 12.0% |
| Net Margin | 3.1% | 4.1% |
| Revenue YoY | 9.2% | 8.9% |
| Net Profit YoY | 99.7% | 9.3% |
| EPS (diluted) | $0.82 | $1.83 |
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 | $924.2M | $883.8M | ||
| Q3 25 | $975.6M | $899.2M | ||
| Q2 25 | $1.0B | $814.0M | ||
| Q1 25 | $1.0B | $812.4M | ||
| Q4 24 | $846.1M | $811.7M | ||
| Q3 24 | $919.4M | $829.7M | ||
| Q2 24 | $1.0B | $727.0M | ||
| Q1 24 | $933.5M | $738.3M |
| Q4 25 | $29.1M | $36.3M | ||
| Q3 25 | $35.3M | $51.7M | ||
| Q2 25 | $32.4M | $8.0M | ||
| Q1 25 | $38.2M | $13.9M | ||
| Q4 24 | $14.6M | $33.2M | ||
| Q3 24 | $40.9M | $29.0M | ||
| Q2 24 | $47.9M | $-3.6M | ||
| Q1 24 | $35.1M | $11.4M |
| Q4 25 | 23.0% | 44.1% | ||
| Q3 25 | 22.6% | 45.5% | ||
| Q2 25 | 23.9% | 43.7% | ||
| Q1 25 | 22.8% | 44.7% | ||
| Q4 24 | 22.1% | 44.5% | ||
| Q3 24 | 23.1% | 45.2% | ||
| Q2 24 | 22.8% | 43.5% | ||
| Q1 24 | 21.9% | 43.5% |
| Q4 25 | 6.2% | 12.0% | ||
| Q3 25 | 6.8% | 14.3% | ||
| Q2 25 | 8.3% | 6.9% | ||
| Q1 25 | 6.5% | 8.7% | ||
| Q4 24 | 4.7% | 12.5% | ||
| Q3 24 | 8.1% | 11.6% | ||
| Q2 24 | 8.3% | 7.5% | ||
| Q1 24 | 6.4% | 8.7% |
| Q4 25 | 3.1% | 4.1% | ||
| Q3 25 | 3.6% | 5.8% | ||
| Q2 25 | 3.1% | 1.0% | ||
| Q1 25 | 3.8% | 1.7% | ||
| Q4 24 | 1.7% | 4.1% | ||
| Q3 24 | 4.4% | 3.5% | ||
| Q2 24 | 4.7% | -0.5% | ||
| Q1 24 | 3.8% | 1.5% |
| Q4 25 | $0.82 | $1.83 | ||
| Q3 25 | $1.01 | $2.62 | ||
| Q2 25 | $0.96 | $0.40 | ||
| Q1 25 | $1.11 | $0.71 | ||
| Q4 24 | $-1.44 | $1.66 | ||
| Q3 24 | $1.80 | $1.45 | ||
| Q2 24 | $2.16 | $-0.20 | ||
| Q1 24 | $1.59 | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.2B | $3.3M |
| Total Assets | $3.1B | $4.8B |
| Debt / EquityLower = less leverage | 1.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.4M | $43.1M | ||
| Q3 25 | $20.7M | $34.6M | ||
| Q2 25 | $22.0M | $46.1M | ||
| Q1 25 | $86.6M | $30.4M | ||
| Q4 24 | $33.6M | $87.0M | ||
| Q3 24 | $52.6M | $78.3M | ||
| Q2 24 | $44.0M | $101.8M | ||
| Q1 24 | $17.6M | $123.7M |
| Q4 25 | $1.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $3.3M | ||
| Q3 25 | $1.2B | $-40.9M | ||
| Q2 25 | $1.1B | $-110.8M | ||
| Q1 25 | $1.1B | $-163.6M | ||
| Q4 24 | $1.1B | $-183.0M | ||
| Q3 24 | $1.1B | $-234.7M | ||
| Q2 24 | $1.1B | $-289.9M | ||
| Q1 24 | $1.1B | $-297.4M |
| Q4 25 | $3.1B | $4.8B | ||
| Q3 25 | $3.1B | $4.7B | ||
| Q2 25 | $3.1B | $4.7B | ||
| Q1 25 | $3.2B | $4.6B | ||
| Q4 24 | $3.0B | $4.5B | ||
| Q3 24 | $3.1B | $4.4B | ||
| Q2 24 | $3.0B | $4.2B | ||
| Q1 24 | $3.0B | $4.1B |
| Q4 25 | 1.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | $130.8M | $131.9M |
| Free Cash FlowOCF − Capex | $112.7M | $83.0M |
| FCF MarginFCF / Revenue | 12.2% | 9.4% |
| Capex IntensityCapex / Revenue | 2.0% | 5.5% |
| Cash ConversionOCF / Net Profit | 4.50× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | $246.5M | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $130.8M | $131.9M | ||
| Q3 25 | $9.1M | $137.7M | ||
| Q2 25 | $149.4M | $86.6M | ||
| Q1 25 | $40.1M | $-18.8M | ||
| Q4 24 | $102.7M | $-31.4M | ||
| Q3 24 | $51.5M | $11.2M | ||
| Q2 24 | $137.5M | $56.1M | ||
| Q1 24 | $35.2M | $-114.0M |
| Q4 25 | $112.7M | $83.0M | ||
| Q3 25 | $-17.2M | $80.7M | ||
| Q2 25 | $131.1M | $34.1M | ||
| Q1 25 | $19.9M | $-69.7M | ||
| Q4 24 | $77.2M | $-96.0M | ||
| Q3 24 | $33.7M | $-37.9M | ||
| Q2 24 | $120.6M | $-10.1M | ||
| Q1 24 | $19.7M | $-251.5M |
| Q4 25 | 12.2% | 9.4% | ||
| Q3 25 | -1.8% | 9.0% | ||
| Q2 25 | 12.5% | 4.2% | ||
| Q1 25 | 2.0% | -8.6% | ||
| Q4 24 | 9.1% | -11.8% | ||
| Q3 24 | 3.7% | -4.6% | ||
| Q2 24 | 11.9% | -1.4% | ||
| Q1 24 | 2.1% | -34.1% |
| Q4 25 | 2.0% | 5.5% | ||
| Q3 25 | 2.7% | 6.3% | ||
| Q2 25 | 1.7% | 6.5% | ||
| Q1 25 | 2.0% | 6.3% | ||
| Q4 24 | 3.0% | 8.0% | ||
| Q3 24 | 1.9% | 5.9% | ||
| Q2 24 | 1.7% | 9.1% | ||
| Q1 24 | 1.7% | 18.6% |
| Q4 25 | 4.50× | 3.64× | ||
| Q3 25 | 0.26× | 2.66× | ||
| Q2 25 | 4.61× | 10.78× | ||
| Q1 25 | 1.05× | -1.35× | ||
| Q4 24 | 7.05× | -0.95× | ||
| Q3 24 | 1.26× | 0.39× | ||
| Q2 24 | 2.87× | — | ||
| Q1 24 | 1.00× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
