Skyline Corporation (SKY)
Operating return on assets (Operating ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | — | 175,205 | 518,285 | 332,905 | 108,759 |
| Total assets | US$ in thousands | — | 1,923,340 | 1,562,720 | 1,234,620 | 917,902 |
| Operating ROA | — | 9.11% | 33.17% | 26.96% | 11.85% |
March 31, 2025 calculation
Operating ROA = Operating income ÷ Total assets
= $—K ÷ $—K
= —
Skyline Corporation's operating return on assets (Operating ROA) has shown fluctuations over the years from March 31, 2021, to March 31, 2025. The trend reveals an improvement in performance from 11.85% in March 2021 to 26.96% in March 2022 and further to 33.17% in March 2023, signifying a significant increase in profitability relative to its assets. However, there was a decrease in Operating ROA to 9.11% in March 2024. Unfortunately, the data for March 31, 2025, is unavailable for analysis.
The company experienced a notable performance surge in 2022 and 2023, suggesting effective utilization of assets to generate operating income. However, the decline in 2024 implies potential challenges in asset efficiency or profitability. It would be important to investigate the factors contributing to these fluctuations in Operating ROA to determine the company's financial health and identify areas for improvement.
Peer comparison
Mar 31, 2025