Patrick Industries expects 2027 adjusted operating margin to rise 30–50 basis points
PATK•Patrick Industries expects fiscal 2027 adjusted operating margin to increase 30 to 50 basis points. It forecasts fiscal 2026 operating cash flow of $300 million to $330 million and free cash flow of $230 million to $250 million.
1. Fiscal 2026 outlook
Patrick Industries forecasts adjusted operating margin to remain flat at 7% in fiscal 2026, matching fiscal 2025. It expects operating cash flow of $300 million to $330 million, free cash flow of $230 million to $250 million and capital spending of $70 million to $80 million, compared with $83 million in fiscal 2025.
2. RV shipment forecast
The company expects fiscal 2026 RV wholesale shipments of 285,000 to 295,000 units, versus 342,000 in fiscal 2025.
