Skyline Corporation (SKY)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 146,696 | 401,802 | 248,044 | 84,899 | 58,160 |
| Revenue | US$ in thousands | 2,019,710 | 2,602,580 | 2,203,460 | 1,417,650 | 1,364,620 |
| Net profit margin | 7.26% | 15.44% | 11.26% | 5.99% | 4.26% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $146,696K ÷ $2,019,710K
= 7.26%
Over the past five years, Skyline Corporation's net profit margin has displayed variations. In March 2020, the net profit margin stood at 4.26%, which then increased to 5.99% in March 2021. The margin experienced a significant jump in March 2022, reaching 11.26%, and continued to rise to 15.44% in March 2023, reflecting a strong improvement in profitability. However, there was a decline in the net profit margin in March 2024 to 7.26%, indicating a potential dip in profitability compared to the previous year. The fluctuation in the net profit margin suggests changes in Skyline Corporation's ability to generate profit relative to its revenue, highlighting the importance of monitoring and analyzing the company's financial performance over time.
Peer comparison
Mar 31, 2024