Patriot Transportation Holding, Inc.

Patriot Transportation Holding, Inc.

PATI
Patriot Transportation Holding, Inc.US flagNASDAQ Global Select
16.26
USD
+0.02
- -
57.78MMarket Cap
Patriot Transportation Holding, Inc.
PATI
(NASDAQ Global Select)

Recent

price

16.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

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Capital Structure

FRC

in mil. unless spec.
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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Business
Patriot Transportation Holding, Inc. operates as a transportation and real estate holding company, primarily conducting business through its wholly owned subsidiary Florida Rock & Tank Lines, Inc., which hauls petroleum-related products including gasoline and diesel fuel; dry bulk commodities such as cement, lime and various industrial powder products; water; and liquid chemicals. The company serves petroleum clients comprising convenience stores, hypermarket accounts, fuel wholesalers and oil companies, as well as dry bulk and chemical customers including large industrial firms, cement and concrete accounts and product distribution companies; it maintains a fleet of approximately 265 tractors, over 36 owner operators and around 415 trailers operating from 17 terminals and six satellite locations across Florida, Georgia, Alabama and Tennessee. Patriot Transportation Holding, Inc., founded in 1975 and headquartered in Jacksonville, Florida, at 200 West Forsyth Street, also engages in real estate activities through affiliates like FRP Development Corp., which acquires, constructs, leases and manages land and commercial buildings. In December 2023, United Petroleum Transports, Inc. (UPT), operating through Blue Horizon Partners, Inc., acquired Patriot Transportation Holding, Inc. for approximately $65.9 million at $16.26 per share in cash, taking the company private and integrating its operations into UPT's network to create a top-tier bulk tank carrier with over 1,000 drivers and more than 30 terminals spanning 11 states from Arizona to Florida; this strategic transaction enhances southeastern U.S. presence, leverages combined management expertise for growth, market expansion and service improvements while preserving focus on safety, customer service and employee welfare.

Company News

APIChat
  • United Petroleum Transports and Patriot Transportation Holding Conclude Acquisition

  • Patriot Transportation Holding, Inc. Announces Results for the Fourth Quarter and Fiscal Year 2023

  • PATI Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Patriot Transportation Holding, Inc. Is Fair to Shareholders

  • Patriot Transportation and United Petroleum Transports to Combine

  • Patriot Transportation: Fleet Renewal And Driver Turnover Reduction Is Paying Off

  • Patriot Transportation Holding, Inc. (PATI) Q3 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. Announces Results For The Third Quarter And First Nine Months Of Fiscal 2023

  • Patriot Transportation Holding, Inc. to Announce Results for the Third Quarter of Fiscal Year 2023

  • Patriot Transportation Holding, Inc. (PATI) Q2 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. To Announce Results For The Second Quarter Of Fiscal Year 2023 On May 9, 2023

  • Patriot Transportation Holding, Inc. (PATI) Q1 2023 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. To Announce Results for the First Quarter of Fiscal Year 2023 on February 22, 2023

  • Patriot Transportation Holding, Inc. (PATI) Q4 2022 Earnings Call Transcript

  • Patriot Transportation Holding, Inc. to Announce Results for the Fourth Quarter of Fiscal Year 2022 on December 6, 2022

  • 7 Trucking Stocks to Sell as the Shipping Boom Goes Bust

  • Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q3 2022 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. To Announce Results For The Third Quarter Of Fiscal Year 2022

  • Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q2 2022 Results - Earnings Call Transcript

  • Patriot Transportation Holding, Inc. To Announce Results For The Second Quarter of Fiscal Year 2022 on May 10, 2022

  • Patriot Transportation Holding, Inc. (PATI) CEO Rob Sandlin on Q1 2022 Results - Earnings Call Transcript