Skyline Corporation (SKY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | — | 2,037,470 | 2,027,670 | 1,987,130 | 1,923,340 | 1,869,420 | 1,669,180 | 1,617,660 | 1,562,720 | 1,511,690 | 1,507,620 | 1,373,330 | 1,234,620 | 1,068,150 | 1,010,330 | 986,397 | 917,902 | 825,865 | 829,471 | 790,322 |
| Operating ROA | — | 12.94% | 12.18% | 11.69% | 12.28% | 12.64% | 16.91% | 25.99% | 33.17% | 37.41% | 36.79% | 31.49% | 26.96% | 24.67% | 19.76% | 15.52% | 11.85% | 9.07% | 8.57% | 9.53% |
March 31, 2025 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $194,874K ÷ $—K
= —
Operating Return on Assets (ROA) is a key financial ratio that reflects a company's ability to generate profits from its assets utilized in operations. Skyline Corporation's Operating ROA has shown a fluctuating trend over the past quarters.
From June 30, 2020, to December 31, 2022, the Operating ROA steadily increased from 9.53% to 37.41%, indicating improving operational efficiency and asset utilization. The peak was observed on December 31, 2022, at 37.41%, suggesting that the company was effectively generating profits relative to its total assets during that period.
However, starting from March 31, 2023, the Operating ROA began to decline. This decrease continued throughout the following quarters, dropping to 11.69% by June 30, 2024. The ratio then slightly increased to 12.94% by December 31, 2024. This declining trend indicates potential challenges in maintaining profitability from the assets employed in operations.
The most recent data point available is for March 31, 2025, marked as "—" in the dataset. The absence of a value for this period implies a lack of information regarding the Operating ROA for that quarter, making it difficult to assess the company's recent performance in terms of profitability relative to its assets.
Overall, the analysis of Skyline Corporation's Operating ROA suggests a period of significant growth followed by a decline in profitability efficiency. Further investigation into the company's operational strategies and asset management may be necessary to understand the factors influencing the fluctuating trend in Operating ROA.
Peer comparison
Mar 31, 2025