Skyline Corporation (SKY)
Operating profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 175,205 | 518,285 | 332,905 | 108,759 | 86,455 |
| Revenue | US$ in thousands | 2,019,710 | 2,602,580 | 2,203,460 | 1,417,650 | 1,364,620 |
| Operating profit margin | 8.67% | 19.91% | 15.11% | 7.67% | 6.34% |
March 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $175,205K ÷ $2,019,710K
= 8.67%
The operating profit margin of Skyline Corporation has shown a fluctuating trend over the past five years. It increased from 6.34% as of March 31, 2020, to 7.67% as of March 31, 2021, reflecting a modest improvement. Subsequently, there was a significant surge in the operating profit margin to 15.11% as of March 31, 2022, followed by a notable increase to 19.91% as of March 31, 2023. This substantial growth suggests improved efficiency in generating profits from operations.
However, the operating profit margin dipped to 8.67% as of March 31, 2024, indicating a decline in profitability compared to the preceding year. It would be essential for Skyline Corporation to investigate the reasons behind this decrease and implement strategies to sustain or enhance its operating profit margin in the future. The overall trend highlights the importance of monitoring and managing operational performance to ensure sustainable profitability.
Peer comparison
Mar 31, 2024