Patrick Industries reported RV sales gains in the third quarter of 2025. Company executives discussed entering the composite products segment, as well as launching an aftermarket strategy.
Patrick reported overall sales up 6% in the third quarter of 2025 from the third quarter of 2024. RV revenue rose 7% year-over-year.
Company President Jeff Rodino said Patrick Industries recently unified its composite solutions under the Alpha Composites brand. Patrick’s Alpha Systems brand supplies roofing products, including membranes, adhesives and sealants.
The new Alpha Composites brand will make composite products used for walls, floors, roofs and interiors. Rodino said the rollout occurs after several years of early-stage development and prototyping.
“Alpha Systems is a Patrick brand that is synonymous with high-level customer service,” Rodino said. “The team at Alpha Composites will continue to build on that foundation through continued collaboration with our OEM partners.”
Rodino said the unified branding and dedicated resources will enhance Patrick Industries’ competitive position. Rodino said the total addressable composites market is approximately $1.5 billion.
He said, “Our teams are poised and ready to attack that piece of the market.”
CEO Andy Nemeth said Patrick Industries formally launched an aftermarket strategy. Patrick bought RecPro in September 2024, bringing a direct-to-consumer aftermarket division to Patrick Industries. Nemeth said the new aftermarket strategy will include RecPro’s direct-to-consumer model, third-party distribution and direct-to-dealer sales.
“We have rolled out a formal strategy,” Nemeth said. “We are implementing structure to formally launch…an overall vision for where we want to take the aftermarket in alignment with our RecPro platform. We are looking forward to driving some real value in the aftermarket.”
Patrick Industries reported $35 million in profits in the third quarter of 2025, down 14.6% compared with the $41 million in profits registered in the third quarter of 2024.
The company’s content per wholesale RV increased 3% on a trailing 12-month basis compared with the previous year. Patrick averaged $5,055 in content sold to each wholesale RV in the third quarter of 2025.
Nemeth said the company saw dealer inventory at low levels. He said dealers currently have 14 to 16 weeks of inventory on hand after finishing last year with approximately 22 weeks of inventory on hand.
Pre-2020, RV dealers typically carried 26 to 30 weeks of inventory.
“We feel like there is some re-stock coming and needed,” Nemeth said. “We do feel like inventories are low…but we also know the dealers have gotten really good at working with less inventory.”
