Skyline Corporation (SKY)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 212,979 | 194,514 | 184,857 | 193,898 | 265,230 | 313,138 | 444,861 | 533,923 | 572,950 | 556,171 | 431,110 | 330,414 | 259,825 | 195,809 | 151,833 | 111,435 | 78,977 | 75,430 | 77,546 | 85,054 |
| Revenue (ttm) | US$ in thousands | 2,409,422 | 2,324,270 | 2,177,372 | 2,019,875 | 1,993,721 | 2,017,688 | 2,351,771 | 2,602,929 | 2,759,060 | 2,705,511 | 2,420,092 | 2,204,284 | 2,013,709 | 1,857,108 | 1,655,230 | 1,418,064 | 1,272,688 | 1,237,018 | 1,269,592 | 1,368,795 |
| Pretax margin | 8.84% | 8.37% | 8.49% | 9.60% | 13.30% | 15.52% | 18.92% | 20.51% | 20.77% | 20.56% | 17.81% | 14.99% | 12.90% | 10.54% | 9.17% | 7.86% | 6.21% | 6.10% | 6.11% | 6.21% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $212,979K ÷ $2,409,422K
= 8.84%
The pretax margin of Skyline Corporation has displayed fluctuating trends over the reported periods. Starting at 6.21% in March 2020, the pretax margin remained relatively stable around 6% for the next few quarters. However, there was a notable increase in profitability, with the pretax margin rising to 7.86% in March 2021. This positive trend continued significantly over the following quarters, reaching a peak of 20.77% by December 2022.
After the peak in December 2022, the pretax margin began to decline, dropping to 9.60% by March 2024. The downward trend persisted in the subsequent quarters, with the pretax margin gradually decreasing to 8.84% by December 2024.
Overall, the historical pretax margin analysis indicates periods of both improvement and decline in Skyline Corporation's profitability before stabilizing around the 8-9% range towards the end of the reported period. Investors and stakeholders may need to monitor the company's financial performance closely to assess the sustainability of its profitability levels.
Peer comparison
Dec 31, 2024