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Side-by-side financial comparison of PATRICK INDUSTRIES INC (PATK) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $661.7M, roughly 1.4× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 3.1%, a 31.0% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs -0.5%).
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.
PATK vs SSB — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $924.2M | $661.7M |
| Net Profit | $29.1M | $225.8M |
| Gross Margin | 23.0% | — |
| Operating Margin | 6.2% | 15.1% |
| Net Margin | 3.1% | 34.1% |
| Revenue YoY | 9.2% | — |
| Net Profit YoY | 99.7% | 153.5% |
| EPS (diluted) | $0.82 | $2.28 |
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 | — | $661.7M | ||
| Q4 25 | $924.2M | $581.1M | ||
| Q3 25 | $975.6M | $599.7M | ||
| Q2 25 | $1.0B | $577.9M | ||
| Q1 25 | $1.0B | $544.5M | ||
| Q4 24 | $846.1M | $369.8M | ||
| Q3 24 | $919.4M | $351.5M | ||
| Q2 24 | $1.0B | $350.3M |
| Q1 26 | — | $225.8M | ||
| Q4 25 | $29.1M | $247.7M | ||
| Q3 25 | $35.3M | $246.6M | ||
| Q2 25 | $32.4M | $215.2M | ||
| Q1 25 | $38.2M | $89.1M | ||
| Q4 24 | $14.6M | $144.2M | ||
| Q3 24 | $40.9M | $143.2M | ||
| Q2 24 | $47.9M | $132.4M |
| 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 | — | 15.1% | ||
| Q4 25 | 6.2% | 54.3% | ||
| Q3 25 | 6.8% | 53.6% | ||
| Q2 25 | 8.3% | 48.8% | ||
| Q1 25 | 6.5% | 22.3% | ||
| Q4 24 | 4.7% | 50.7% | ||
| Q3 24 | 8.1% | 53.1% | ||
| Q2 24 | 8.3% | 49.3% |
| Q1 26 | — | 34.1% | ||
| Q4 25 | 3.1% | 42.6% | ||
| Q3 25 | 3.6% | 41.1% | ||
| Q2 25 | 3.1% | 37.2% | ||
| Q1 25 | 3.8% | 16.4% | ||
| Q4 24 | 1.7% | 39.0% | ||
| Q3 24 | 4.4% | 40.7% | ||
| Q2 24 | 4.7% | 37.8% |
| Q1 26 | — | $2.28 | ||
| Q4 25 | $0.82 | $2.47 | ||
| Q3 25 | $1.01 | $2.42 | ||
| Q2 25 | $0.96 | $2.11 | ||
| Q1 25 | $1.11 | $0.87 | ||
| Q4 24 | $-1.44 | $1.88 | ||
| Q3 24 | $1.80 | $1.86 | ||
| Q2 24 | $2.16 | $1.73 |
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 | $2.9B |
| Total DebtLower is stronger | $1.3B | — |
| Stockholders' EquityBook value | $1.2B | $9.0B |
| Total Assets | $3.1B | $68.0B |
| Debt / EquityLower = less leverage | 1.10× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $2.9B | ||
| Q4 25 | $26.4M | — | ||
| Q3 25 | $20.7M | — | ||
| Q2 25 | $22.0M | — | ||
| Q1 25 | $86.6M | — | ||
| Q4 24 | $33.6M | — | ||
| Q3 24 | $52.6M | — | ||
| Q2 24 | $44.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $9.0B | ||
| Q4 25 | $1.2B | $9.1B | ||
| Q3 25 | $1.2B | $9.0B | ||
| Q2 25 | $1.1B | $8.8B | ||
| Q1 25 | $1.1B | $8.6B | ||
| Q4 24 | $1.1B | $5.9B | ||
| Q3 24 | $1.1B | $5.9B | ||
| Q2 24 | $1.1B | $5.7B |
| Q1 26 | — | $68.0B | ||
| Q4 25 | $3.1B | $67.2B | ||
| Q3 25 | $3.1B | $66.0B | ||
| Q2 25 | $3.1B | $65.9B | ||
| Q1 25 | $3.2B | $65.1B | ||
| Q4 24 | $3.0B | $46.4B | ||
| Q3 24 | $3.1B | $46.1B | ||
| Q2 24 | $3.0B | $45.5B |
| Q1 26 | — | — | ||
| Q4 25 | 1.10× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.18× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | — |
| 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 | $232.1M | ||
| Q3 25 | $9.1M | $122.4M | ||
| Q2 25 | $149.4M | $72.6M | ||
| Q1 25 | $40.1M | $-126.3M | ||
| Q4 24 | $102.7M | $354.3M | ||
| Q3 24 | $51.5M | $-246.8M | ||
| Q2 24 | $137.5M | $126.8M |
| Q1 26 | — | — | ||
| Q4 25 | $112.7M | $215.5M | ||
| Q3 25 | $-17.2M | $101.7M | ||
| Q2 25 | $131.1M | $52.5M | ||
| Q1 25 | $19.9M | $-139.1M | ||
| Q4 24 | $77.2M | $340.9M | ||
| Q3 24 | $33.7M | $-254.2M | ||
| Q2 24 | $120.6M | $117.3M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | 37.1% | ||
| Q3 25 | -1.8% | 17.0% | ||
| Q2 25 | 12.5% | 9.1% | ||
| Q1 25 | 2.0% | -25.5% | ||
| Q4 24 | 9.1% | 92.2% | ||
| Q3 24 | 3.7% | -72.3% | ||
| Q2 24 | 11.9% | 33.5% |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | 2.9% | ||
| Q3 25 | 2.7% | 3.5% | ||
| Q2 25 | 1.7% | 3.5% | ||
| Q1 25 | 2.0% | 2.4% | ||
| Q4 24 | 3.0% | 3.6% | ||
| Q3 24 | 1.9% | 2.1% | ||
| Q2 24 | 1.7% | 2.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.50× | 0.94× | ||
| Q3 25 | 0.26× | 0.50× | ||
| Q2 25 | 4.61× | 0.34× | ||
| Q1 25 | 1.05× | -1.42× | ||
| Q4 24 | 7.05× | 2.46× | ||
| Q3 24 | 1.26× | -1.72× | ||
| Q2 24 | 2.87× | 0.96× |
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% |
SSB
| Net Interest Income | $561.6M | 85% |
| Noninterest Income | $100.1M | 15% |
