Skyline Corporation (SKY)

Net 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
Net income (ttm) US$ in thousands 164,853 150,286 141,221 146,696 201,654 237,497 335,920 401,802 430,854 415,663 322,294 248,044 195,132 149,109 115,897 84,899 57,011 52,449 52,683 58,160
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
Net profit margin 6.84% 6.47% 6.49% 7.26% 10.11% 11.77% 14.28% 15.44% 15.62% 15.36% 13.32% 11.25% 9.69% 8.03% 7.00% 5.99% 4.48% 4.24% 4.15% 4.25%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $164,853K ÷ $2,409,422K
= 6.84%

The net profit margin of Skyline Corporation has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 4.25% in March 2020 and experienced slight variations until December 2020, where it increased to 4.48%. Subsequently, there was a significant improvement in profitability, with the net profit margin reaching 15.62% in December 2022.

However, from March 2023 onwards, the net profit margin started to decline, falling to 6.84% by December 2024. This decrease could be indicative of challenges faced by the company in maintaining profitability or potentially increasing costs relative to revenue. Monitoring this trend further can provide insights into the company's operational efficiency and financial health.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Skyline Corporation
SKY
6.84%
Cavco Industries Inc
CVCO
8.79%