Skyline Corporation (SKY)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 202,629 | 186,002 | 171,359 | 175,205 | 236,222 | 282,310 | 420,466 | 518,285 | 565,510 | 554,655 | 432,451 | 332,905 | 263,553 | 199,637 | 153,070 | 108,759 | 74,932 | 71,098 | 75,331 | 86,455 |
| 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 | 781,700 |
| Operating ROA | 9.95% | 9.17% | 8.62% | 9.11% | 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% | 11.06% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $202,629K ÷ $2,037,470K
= 9.95%
Skyline Corporation's operating return on assets (operating ROA) has shown fluctuations over the given time period. The trend reveals an upward trajectory, starting at 11.06% in March 2020 and reaching a peak of 37.41% in December 2022. Subsequently, the operating ROA decreased to 12.64% in December 2023.
During the first half of 2024, the operating ROA remained relatively stable, ranging from 9.11% in March 2024 to 9.95% in December 2024. This stability suggests that Skyline Corporation's asset utilization and profitability were consistent during this period.
Overall, the operating ROA trend indicates that Skyline Corporation was able to efficiently generate operating profits relative to its assets, with periods of significant improvement followed by some minor fluctuations. Continuous monitoring and analysis of this metric will be crucial for assessing the company's operational efficiency and financial performance in the future.
Peer comparison
Dec 31, 2024