Skyline Corporation (SKY)
Gross profit margin
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 609,930 | 570,180 | 520,336 | 485,794 | 528,585 | 561,402 | 719,019 | 818,681 | 868,557 | 851,707 | 706,928 | 589,123 | 497,211 | 411,756 | 345,222 | 287,695 | 248,564 | 245,681 | 256,943 | 278,975 |
| Revenue (ttm) | US$ in thousands | 2,409,422 | 2,324,270 | 2,177,372 | 2,019,875 | 1,993,721 | 2,017,688 | 2,351,771 | 2,602,929 | 2,759,060 | 2,705,511 | 2,420,092 | 2,204,284 | 2,013,709 | 1,857,108 | 1,655,230 | 1,418,064 | 1,272,688 | 1,237,018 | 1,269,592 | 1,368,795 |
| Gross profit margin | 25.31% | 24.53% | 23.90% | 24.05% | 26.51% | 27.82% | 30.57% | 31.45% | 31.48% | 31.48% | 29.21% | 26.73% | 24.69% | 22.17% | 20.86% | 20.29% | 19.53% | 19.86% | 20.24% | 20.38% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $609,930K ÷ $2,409,422K
= 25.31%
The gross profit margin of Skyline Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The trend indicates an initial decrease from 20.38% on March 31, 2020, to 19.53% on December 31, 2020. However, a subsequent increase is observed reaching a peak of 31.48% by September 30, 2022.
From September 30, 2022, to December 31, 2024, the gross profit margin fluctuates, remaining within the range of 24.05% to 25.31%. Although there is variability in the margin, it appears to have stabilized towards the end of the period.
Overall, the gross profit margin of Skyline Corporation has exhibited both positive and negative trends over the years, indicating changes in the company's ability to generate profit from its revenue after accounting for the cost of goods sold. Various factors may have influenced these fluctuations, such as changes in pricing strategies, cost controls, operational efficiency, and market conditions.
Peer comparison
Dec 31, 2024