Skyline Corporation (SKY)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 164,853 | 150,286 | 141,221 | 146,696 | 201,654 | 237,497 | 335,920 | 401,802 | 430,854 | 415,663 | 322,294 | 248,044 | 195,132 | 149,109 | 115,897 | 84,899 | 57,011 | 52,449 | 52,683 | 58,160 |
| Total assets | US$ in thousands | 2,037,470 | 2,027,670 | 1,987,130 | 1,923,340 | 1,869,420 | 1,669,180 | 1,617,660 | 1,562,720 | 1,511,690 | 1,507,620 | 1,373,330 | 1,234,620 | 1,068,150 | 1,010,330 | 986,397 | 917,902 | 825,865 | 829,471 | 790,322 | 781,700 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $164,853K ÷ $2,037,470K
= 8.09%
The return on assets (ROA) of Skyline Corporation has exhibited fluctuations over the provided time period. The ROA started at 7.44% as of March 31, 2020, and experienced a gradual decline to 6.32% by September 30, 2020. However, there was a slight recovery to 6.90% by the end of December 2020.
From March 31, 2021, the ROA began to show a significant upward trend, reaching 23.47% by June 30, 2022. This peak was followed by a gradual decline to 10.79% by the end of December 2023.
Overall, the ROA for Skyline Corporation fluctuated between 6.32% and 28.50% during the analyzed period, with significant variations in performance. It is crucial for stakeholders to monitor these fluctuations to understand the company's efficiency in generating profits relative to its total assets.
Peer comparison
Dec 31, 2024