Skyline Corporation (SKY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 194,874 | 263,644 | 247,017 | 232,374 | 236,220 | 236,222 | 282,310 | 420,466 | 518,285 | 565,511 | 554,656 | 432,452 | 332,906 | 263,553 | 199,637 | 153,070 | 108,759 | 74,932 | 71,098 | 75,331 |
| 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 |
| Operating profit margin | 7.85% | 11.07% | 10.76% | 10.84% | 11.93% | 11.93% | 14.10% | 17.93% | 19.88% | 20.54% | 20.50% | 17.85% | 15.08% | 13.07% | 10.74% | 9.23% | 7.65% | 5.88% | 5.74% | 5.93% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $194,874K ÷ $2,483,448K
= 7.85%
Skyline Corporation's operating profit margin has exhibited fluctuations over the review period from June 30, 2020, to March 31, 2025. The margin started at 5.93% in June 2020 and remained relatively stable around the 5-6% range until March 2021. However, from June 2021 to December 2022, the operating profit margin showed a notable upward trend, increasing from 9.23% to 20.54%. This suggests that the company's ability to generate profits from its core operations improved significantly during this period.
Subsequently, from March 2023 to June 2024, there was a gradual decline in the operating profit margin, dropping from 19.88% to 10.84%, before stabilizing around the 10-11% range. The decline indicates potential challenges or changes in the company's cost structure or revenue generation during this phase.
The operating profit margin further decreased to 7.85% by March 31, 2025, signaling a potential impact on profitability. It is essential for the company to monitor and analyze the factors influencing this decline to sustain healthy operating margins in the future. Additionally, a comprehensive analysis of the company's cost management, pricing strategies, and revenue streams may provide insights into improving and maintaining profitability levels.
Peer comparison
Mar 31, 2025