Skyline Corporation (SKY)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 257,368 287,674 268,451 257,500 265,179 265,175 313,119 444,834 533,896 572,927 556,148 431,114 330,429 259,836 195,820 151,844 111,400 78,942 75,395 77,511
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
Pretax margin 10.36% 12.08% 11.69% 12.02% 13.39% 13.39% 15.63% 18.97% 20.48% 20.81% 20.56% 17.79% 14.97% 12.88% 10.53% 9.16% 7.84% 6.19% 6.08% 6.10%

March 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $257,368K ÷ $2,483,448K
= 10.36%

The pretax margin of Skyline Corporation has shown a generally increasing trend over the past few years, indicating improving profitability before taxes. From June 30, 2020, where the pretax margin was at 6.10%, there was a gradual increase to reach a peak of 20.81% on December 31, 2022. This period was marked by significant growth in profitability for the company.

However, following this peak, there was a slight decline in the pretax margin to 10.36% by March 31, 2025. It is essential for stakeholders to monitor this trend closely to understand any potential factors impacting profitability.

Overall, Skyline Corporation demonstrated a robust pretax margin performance, indicating efficient cost management and revenue generation strategies during the period under review.


Peer comparison

Mar 31, 2025

Company name
Symbol
Pretax margin
Skyline Corporation
SKY
10.36%
Cavco Industries Inc
CVCO
14.01%