Skyline Corporation (SKY)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 508,670 | 649,820 | 610,070 | 560,226 | 528,584 | 528,585 | 561,402 | 719,019 | 816,735 | 866,611 | 849,761 | 704,982 | 589,123 | 497,211 | 411,756 | 345,222 | 287,695 | 248,564 | 245,681 | 256,943 |
| Revenue (ttm) | US$ in thousands | 2,483,448 | 2,381,111 | 2,295,641 | 2,143,000 | 1,979,990 | 1,979,992 | 2,002,859 | 2,345,448 | 2,606,560 | 2,753,145 | 2,705,513 | 2,422,913 | 2,207,229 | 2,016,761 | 1,859,652 | 1,657,793 | 1,420,881 | 1,274,377 | 1,239,035 | 1,271,127 |
| Gross profit margin | 20.48% | 27.29% | 26.58% | 26.14% | 26.70% | 26.70% | 28.03% | 30.66% | 31.33% | 31.48% | 31.41% | 29.10% | 26.69% | 24.65% | 22.14% | 20.82% | 20.25% | 19.50% | 19.83% | 20.21% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $508,670K ÷ $2,483,448K
= 20.48%
The gross profit margin of Skyline Corporation has displayed fluctuations over the observed periods. The trend shows a gradual increase from June 2020 to September 2022, reaching a peak of 31.41% before declining slightly. However, from March 2023 onwards, there was a notable decrease in the gross profit margin, with some fluctuations but generally remaining around the 26-27% range up to December 2024. The margin saw a sharp drop to 20.48% by March 2025.
Overall, while the gross profit margin exhibited positive growth until September 2022, it suggests that Skyline Corporation may have faced challenges in maintaining profitability from March 2023 onwards. Further analysis would be required to determine the underlying factors influencing these fluctuations and to assess the company's ability to maintain healthy profit margins in the future.
Peer comparison
Mar 31, 2025