Skyline Corporation (SKY)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.48% | 27.29% | 26.58% | 26.14% | 26.70% | 26.70% | 28.03% | 30.66% | 31.33% | 31.48% | 31.41% | 29.10% | 26.69% | 24.65% | 22.14% | 20.82% | 20.25% | 19.50% | 19.83% | 20.21% |
| Operating profit margin | 7.85% | 11.07% | 10.76% | 10.84% | 11.93% | 11.93% | 14.10% | 17.93% | 19.88% | 20.54% | 20.50% | 17.85% | 15.08% | 13.07% | 10.74% | 9.23% | 7.65% | 5.88% | 5.74% | 5.93% |
| 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% |
| Net profit margin | 6.53% | 9.23% | 8.94% | 9.15% | 10.18% | 10.18% | 11.86% | 14.32% | 15.42% | 15.65% | 15.36% | 13.30% | 11.24% | 9.68% | 8.02% | 6.99% | 5.98% | 4.47% | 4.23% | 4.14% |
Based on the provided data, we can analyze the profitability ratios of Skyline Corporation as follows:
1. Gross Profit Margin: The gross profit margin shows the percentage of revenue that exceeds the cost of goods sold. Skyline Corporation's gross profit margin fluctuated over the reporting periods, ranging from 19.50% to 31.48%. This ratio generally improved from June 30, 2020, to September 30, 2022, indicating efficient cost management. However, there was a decline in the margin from March 31, 2023, to March 31, 2025.
2. Operating Profit Margin: The operating profit margin represents the percentage of revenue that remains after deducting operating expenses. Skyline Corporation's operating profit margin ranged from 5.74% to 20.54% during the periods under review. The company experienced a significant increase in profitability from June 30, 2020, to December 31, 2022, but saw a decline in margins from March 31, 2023, to March 31, 2025.
3. Pretax Margin: The pretax margin reflects the percentage of revenue that remains after deducting all expenses except for taxes. Skyline Corporation's pretax margin varied from 6.08% to 20.81% across the reporting periods. The company showed a steady growth in profitability from June 30, 2020, to December 31, 2022, but experienced a decrease in margins from March 31, 2023, to March 31, 2025.
4. Net Profit Margin: The net profit margin measures the percentage of revenue that translates into net income after accounting for all expenses, including taxes. Skyline Corporation's net profit margin fluctuated between 4.14% and 15.65% over the analyzed periods. The company exhibited an upward trend in profitability from June 30, 2020, to December 31, 2022, followed by a decline in margins from March 31, 2023, to March 31, 2025.
Overall, Skyline Corporation demonstrated varying levels of profitability across different periods, with fluctuations in profit margins indicating changes in operational efficiency, cost management, and overall financial performance.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | — | 10.79% | 10.12% | 9.87% | 10.48% | 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% |
| Return on total capital | — | 15.02% | 13.07% | 12.11% | 12.08% | 15.93% | 21.06% | 32.57% | 42.03% | 48.19% | 51.10% | 45.87% | 40.39% | 35.98% | 30.18% | 25.48% | 20.43% | 15.97% | 16.04% | 17.01% |
| Return on equity (ROE) | — | 14.38% | 13.75% | 13.52% | 14.18% | 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% |
Based on the provided data for Skyline Corporation, we can analyze the profitability ratios as follows:
1. Operating Return on Assets (Operating ROA):
- The Operating ROA shows the company's ability to generate profit from its operational assets.
- Skyline Corporation's Operating ROA has shown a positive trend, increasing steadily from 9.53% on June 30, 2020, to a peak of 37.41% on December 31, 2022.
- However, there was a slight decline in the Operating ROA in the subsequent periods, reaching 12.94% on December 31, 2024.
- The significant fluctuations in the Operating ROA indicate changes in the efficiency of asset utilization and operational profitability over time.
2. Return on Assets (ROA):
- The ROA reflects the company's profitability in relation to its total assets.
- Similarly to the Operating ROA, Skyline Corporation's ROA also exhibited an upward trend, reaching a peak of 28.50% on December 31, 2022.
- Subsequently, there was a decline in ROA to 10.79% on December 31, 2024.
- This ratio indicates how efficiently the company is utilizing its total assets to generate profits.
3. Return on Total Capital:
- The Return on Total Capital measures the profitability of the company in relation to all sources of capital.
- Skyline Corporation's Return on Total Capital increased steadily over the analyzed period, peaking at 51.10% on September 30, 2022.
- Thereafter, the ratio declined to 15.02% on December 31, 2024.
- This ratio provides insights into how effectively the company is using both equity and debt to generate returns.
4. Return on Equity (ROE):
- The ROE evaluates the company's profitability from the shareholders' perspective.
- Skyline Corporation's ROE also demonstrated a positive trajectory, reaching a high of 38.28% on September 30, 2022.
- However, there was a subsequent decline in ROE, indicating challenges in maintaining profitability in relation to shareholders' equity.
- The ROE is particularly important for investors as it shows how effectively the company is generating returns on shareholder investments.
Overall, analyzing these profitability ratios provides a comprehensive view of Skyline Corporation's financial performance and profitability trends over the analyzed period. It is essential for investors and stakeholders to monitor these ratios to assess the company's financial health and efficiency in utilizing its assets and capital.