Skyline Corporation (SKY)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 485,794 | 818,681 | 589,123 | 287,695 | 278,975 |
| Revenue | US$ in thousands | 2,019,710 | 2,602,580 | 2,203,460 | 1,417,650 | 1,364,620 |
| Gross profit margin | 24.05% | 31.46% | 26.74% | 20.29% | 20.44% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $485,794K ÷ $2,019,710K
= 24.05%
The gross profit margin of Skyline Corporation has shown variations over the past five years. In March 2020, the gross profit margin stood at 20.44%, slightly decreasing to 20.29% by March 2021. However, there was a significant improvement in March 2022, with the margin increasing to 26.74%, and further to 31.46% by March 2023, indicating strong operational efficiency and cost management.
However, in March 2024, the gross profit margin decreased to 24.05%, which may suggest potential challenges in maintaining profitability or cost control measures. Overall, fluctuations in the gross profit margin of Skyline Corporation reflect varying levels of profitability and operational performance over the analyzed period.
Peer comparison
Mar 31, 2024