Skyline Corporation (SKY)
Return on assets (ROA)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | — | 146,696 | 401,802 | 248,044 | 84,899 |
| Total assets | US$ in thousands | — | 1,923,340 | 1,562,720 | 1,234,620 | 917,902 |
| ROA | — | 7.63% | 25.71% | 20.09% | 9.25% |
March 31, 2025 calculation
ROA = Net income ÷ Total assets
= $—K ÷ $—K
= —
Skyline Corporation's return on assets (ROA) has fluctuated over the past five years. The company experienced a significant increase in ROA from 9.25% as of March 31, 2021, to 25.71% as of March 31, 2023, indicating improved efficiency in generating profits from its assets during this period. However, in the subsequent year, the ROA dropped to 7.63% as of March 31, 2024, suggesting a decline in profitability relative to the company's asset base. Notably, there seems to be missing data for March 31, 2025, as indicated by the symbol "—". Overall, while Skyline Corporation's ROA has shown variability, it is crucial for the company to analyze the underlying factors contributing to these fluctuations to sustain and enhance its financial performance going forward.
Peer comparison
Mar 31, 2025