Skyline Corporation (SKY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | — | 1,422,370 | 1,233,000 | 825,113 | 568,611 |
| ROE | — | 10.31% | 32.59% | 30.06% | 14.93% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
Skyline Corporation's return on equity (ROE) has shown significant fluctuations over the past five years. Starting at 14.93% in March 2021, the ROE more than doubled to 30.06% by March 2022, indicating an improvement in the company's profitability and efficiency in generating returns for shareholders. This positive trend continued into the following year, with ROE reaching 32.59% by March 2023, reflecting further growth and potentially effective management of the company's resources.
However, in March 2024, Skyline Corporation experienced a decrease in ROE to 10.31%, which could signal challenges or a decline in profitability during that period. The absence of an ROE figure for March 2025 indicates a lack of available data, making it difficult to assess the company's performance for that year.
Overall, the fluctuations in Skyline Corporation's ROE suggest varying levels of profitability and efficiency in utilizing shareholders' equity over the years, highlighting the importance of monitoring and analyzing financial performance metrics to understand the company's financial health and competitiveness.
Peer comparison
Mar 31, 2025