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Side-by-side financial comparison of PATRICK INDUSTRIES INC (PATK) and Sinclair, Inc. (SBGI). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $807.0M, roughly 1.1× Sinclair, Inc.). PATRICK INDUSTRIES INC runs the higher net margin — 3.1% vs 2.5%, a 0.7% 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 -1.3%).
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
Sinclair, Inc., doing business as Sinclair Broadcast Group, is a publicly traded American telecommunications conglomerate that is controlled by the descendants of company founder Julian Sinclair Smith. Headquartered in the Baltimore suburb of Cockeysville, Maryland, the company is the second-largest television station operator in the United States by number of stations after Nexstar Media Group, owning or operating 193 stations across the country in over 100 markets, covering 40% of American ...
PATK vs SBGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $924.2M | $807.0M |
| Net Profit | $29.1M | $20.0M |
| Gross Margin | 23.0% | — |
| Operating Margin | 6.2% | 0.0% |
| Net Margin | 3.1% | 2.5% |
| Revenue YoY | 9.2% | 4.0% |
| Net Profit YoY | 99.7% | — |
| EPS (diluted) | $0.82 | $0.28 |
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 | — | $807.0M | ||
| Q4 25 | $924.2M | $836.0M | ||
| Q3 25 | $975.6M | $773.0M | ||
| Q2 25 | $1.0B | $784.0M | ||
| Q1 25 | $1.0B | $776.0M | ||
| Q4 24 | $846.1M | $1.0B | ||
| Q3 24 | $919.4M | $917.0M | ||
| Q2 24 | $1.0B | $829.0M |
| Q1 26 | — | $20.0M | ||
| Q4 25 | $29.1M | $109.0M | ||
| Q3 25 | $35.3M | $-1.0M | ||
| Q2 25 | $32.4M | $-64.0M | ||
| Q1 25 | $38.2M | $-156.0M | ||
| Q4 24 | $14.6M | $176.0M | ||
| Q3 24 | $40.9M | $94.0M | ||
| Q2 24 | $47.9M | $17.0M |
| 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 | — | 0.0% | ||
| Q4 25 | 6.2% | 9.6% | ||
| Q3 25 | 6.8% | 7.5% | ||
| Q2 25 | 8.3% | 2.7% | ||
| Q1 25 | 6.5% | 1.8% | ||
| Q4 24 | 4.7% | 26.5% | ||
| Q3 24 | 8.1% | 19.5% | ||
| Q2 24 | 8.3% | 7.7% |
| Q1 26 | — | 2.5% | ||
| Q4 25 | 3.1% | 13.0% | ||
| Q3 25 | 3.6% | -0.1% | ||
| Q2 25 | 3.1% | -8.2% | ||
| Q1 25 | 3.8% | -20.1% | ||
| Q4 24 | 1.7% | 17.5% | ||
| Q3 24 | 4.4% | 10.3% | ||
| Q2 24 | 4.7% | 2.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.82 | $1.62 | ||
| Q3 25 | $1.01 | $-0.02 | ||
| Q2 25 | $0.96 | $-0.91 | ||
| Q1 25 | $1.11 | $-2.30 | ||
| Q4 24 | $-1.44 | $2.64 | ||
| Q3 24 | $1.80 | $1.43 | ||
| Q2 24 | $2.16 | $0.27 |
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 | $866.0M | ||
| Q3 25 | $20.7M | $526.0M | ||
| Q2 25 | $22.0M | $616.0M | ||
| Q1 25 | $86.6M | $631.0M | ||
| Q4 24 | $33.6M | $697.0M | ||
| Q3 24 | $52.6M | $536.0M | ||
| Q2 24 | $44.0M | $378.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | $4.4B | ||
| Q3 25 | — | $4.1B | ||
| Q2 25 | — | $4.1B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | $1.3B | $4.1B | ||
| Q3 24 | — | $4.1B | ||
| Q2 24 | — | $4.1B |
| Q1 26 | — | — | ||
| Q4 25 | $1.2B | $443.0M | ||
| Q3 25 | $1.2B | $347.0M | ||
| Q2 25 | $1.1B | $361.0M | ||
| Q1 25 | $1.1B | $436.0M | ||
| Q4 24 | $1.1B | $583.0M | ||
| Q3 24 | $1.1B | $415.0M | ||
| Q2 24 | $1.1B | $340.0M |
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $5.9B | ||
| Q3 25 | $3.1B | $5.6B | ||
| Q2 25 | $3.1B | $5.7B | ||
| Q1 25 | $3.2B | $5.8B | ||
| Q4 24 | $3.0B | $5.9B | ||
| Q3 24 | $3.1B | $5.8B | ||
| Q2 24 | $3.0B | $5.7B |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | 9.84× | ||
| Q3 25 | — | 11.75× | ||
| Q2 25 | — | 11.30× | ||
| Q1 25 | — | 9.56× | ||
| Q4 24 | 1.18× | 7.02× | ||
| Q3 24 | — | 9.86× | ||
| Q2 24 | — | 12.08× |
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% | 1.7% |
| 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 | $98.0M | ||
| Q3 25 | $9.1M | $-36.0M | ||
| Q2 25 | $149.4M | $122.0M | ||
| Q1 25 | $40.1M | $5.0M | ||
| Q4 24 | $102.7M | $198.0M | ||
| Q3 24 | $51.5M | $210.0M | ||
| Q2 24 | $137.5M | $-306.0M |
| Q1 26 | — | — | ||
| Q4 25 | $112.7M | $79.0M | ||
| Q3 25 | $-17.2M | $-58.0M | ||
| Q2 25 | $131.1M | $105.0M | ||
| Q1 25 | $19.9M | $-11.0M | ||
| Q4 24 | $77.2M | $175.0M | ||
| Q3 24 | $33.7M | $193.0M | ||
| Q2 24 | $120.6M | $-329.0M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 9.4% | ||
| Q3 25 | -1.8% | -7.5% | ||
| Q2 25 | 12.5% | 13.4% | ||
| Q1 25 | 2.0% | -1.4% | ||
| Q4 24 | 9.1% | 17.4% | ||
| Q3 24 | 3.7% | 21.0% | ||
| Q2 24 | 11.9% | -39.7% |
| Q1 26 | — | 1.7% | ||
| Q4 25 | 2.0% | 2.3% | ||
| Q3 25 | 2.7% | 2.8% | ||
| Q2 25 | 1.7% | 2.2% | ||
| Q1 25 | 2.0% | 2.1% | ||
| Q4 24 | 3.0% | 2.3% | ||
| Q3 24 | 1.9% | 1.9% | ||
| Q2 24 | 1.7% | 2.8% |
| Q1 26 | — | — | ||
| Q4 25 | 4.50× | 0.90× | ||
| Q3 25 | 0.26× | — | ||
| Q2 25 | 4.61× | — | ||
| Q1 25 | 1.05× | — | ||
| Q4 24 | 7.05× | 1.13× | ||
| Q3 24 | 1.26× | 2.23× | ||
| Q2 24 | 2.87× | -18.00× |
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% |
SBGI
| Media revenue | $701.0M | 87% |
| Other | $82.0M | 10% |
| Political advertising revenue | $18.0M | 2% |
| Non-media revenue | $6.0M | 1% |