Skyline Corporation (SKY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 25.31% | 24.53% | 23.90% | 24.05% | 26.51% | 27.82% | 30.57% | 31.45% | 31.48% | 31.48% | 29.21% | 26.73% | 24.69% | 22.17% | 20.86% | 20.29% | 19.53% | 19.86% | 20.24% | 20.38% |
| Operating profit margin | 8.41% | 8.00% | 7.87% | 8.67% | 11.85% | 13.99% | 17.88% | 19.91% | 20.50% | 20.50% | 17.87% | 15.10% | 13.09% | 10.75% | 9.25% | 7.67% | 5.89% | 5.75% | 5.93% | 6.32% |
| 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% |
| Net profit margin | 6.84% | 6.47% | 6.49% | 7.26% | 10.11% | 11.77% | 14.28% | 15.44% | 15.62% | 15.36% | 13.32% | 11.25% | 9.69% | 8.03% | 7.00% | 5.99% | 4.48% | 4.24% | 4.15% | 4.25% |
Skyline Corporation's profitability ratios have shown some fluctuations over the years. The gross profit margin has exhibited a general upward trend from 20.38% in March 2020 to a peak of 31.48% in September 2022, before slightly decreasing to 25.31% in December 2024. This indicates an improvement in the company's ability to generate profits after accounting for the cost of goods sold, with some variability in recent periods.
The operating profit margin has also displayed an increase over time, starting at 6.32% in March 2020 and reaching a high of 20.50% in both September and December 2022. However, the margin declined to 8.41% by December 2024, reflecting fluctuations in operational efficiency and profitability.
The pretax margin, which represents the proportion of revenues that remain as profit before taxes are deducted, followed a similar pattern, rising from 6.21% in March 2020 to a peak of 20.77% in December 2022. Subsequently, the margin decreased to 8.84% by December 2024, highlighting variations in the company's pre-tax profitability.
In terms of net profit margin, Skyline Corporation experienced an overall increase in profitability from 4.25% in March 2020 to a peak of 15.62% in December 2022. However, the margin decreased to 6.84% by December 2024, indicating variations in the company's bottom-line performance.
Overall, while Skyline Corporation has shown improvements in its profit margins over the years, there have been fluctuations in profitability ratios, suggesting that the company's financial performance may be subject to various internal and external factors that impact its ability to generate and retain profits.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 8.09% | 7.41% | 7.11% | 7.63% | 10.79% | 14.23% | 20.77% | 25.71% | 28.50% | 27.57% | 23.47% | 20.09% | 18.27% | 14.76% | 11.75% | 9.25% | 6.90% | 6.32% | 6.67% | 7.44% |
| Return on total capital | 13.05% | 12.26% | 11.61% | 12.11% | 16.33% | 20.87% | 32.26% | 41.67% | 47.80% | 50.63% | 45.38% | 39.84% | 35.27% | 29.51% | 23.83% | 18.96% | 14.91% | 13.88% | 14.61% | 16.26% |
| Return on equity (ROE) | 10.79% | 10.07% | 9.73% | 10.31% | 14.18% | 17.72% | 26.02% | 32.59% | 36.72% | 38.28% | 34.16% | 30.06% | 26.61% | 22.49% | 18.92% | 14.93% | 10.71% | 10.34% | 10.77% | 12.26% |
Skyline Corporation's profitability ratios show a mixed trend over the period analyzed. The Operating return on assets (Operating ROA) increased steadily from 2019 to 2022, reaching a peak of 37.41% in December 2022 before decreasing slightly in the subsequent periods. This indicates that the company's ability to generate operating income from its assets improved significantly during this period.
Similarly, the Return on assets (ROA) also showed an upward trend, with a peak of 28.50% in December 2022. However, the ROA declined in the last few periods, suggesting a decrease in the company's overall ability to generate profits from its total assets.
The Return on total capital displayed a consistent increase from 2019 to 2022, reaching a high of 50.63% in September 2022. Subsequently, there was a decline in this ratio in the following periods, indicating a lower return on the company's total capital investment.
The Return on equity (ROE) also exhibited a general upward trend until 2022, with a peak of 38.28% in September 2022. However, the ROE decreased in the last periods, indicating a decrease in the company's profitability from the shareholders' perspective.
Overall, while Skyline Corporation's profitability ratios showed improvement up to 2022, there was a decline in profitability in the subsequent periods, which may warrant further analysis to understand the factors driving these trends.