Skyline Corporation (SKY)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 162,065 219,815 205,248 196,183 201,658 201,654 237,497 335,920 401,802 430,854 415,663 322,294 248,044 195,132 149,109 115,897 84,899 57,011 52,449 52,683
Total stockholders’ equity US$ in thousands 1,528,300 1,492,260 1,450,750 1,422,370 1,421,960 1,340,190 1,290,920 1,233,000 1,173,440 1,085,740 943,578 825,113 733,378 662,978 612,583 568,611 532,195 507,444 489,297
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%

March 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $162,065K ÷ $—K
= —

The return on equity (ROE) of Skyline Corporation has shown a fluctuating trend over the past several quarters. From June 30, 2020, to March 31, 2023, the ROE has been steadily increasing, indicating an improving profitability and efficiency in generating returns for its equity holders.

However, starting from June 30, 2023, the ROE started to decline, reaching its peak at 38.28% on September 30, 2022. This decline may be a cause for concern as it suggests a potential decrease in the company's ability to generate profits from its shareholder's equity.

The most recent data point available for March 31, 2025, is not provided, possibly indicating that it is not yet available or is intentionally left blank. This missing data point makes it difficult to draw a conclusive analysis of the current state of Skyline Corporation's ROE.

Overall, it is important for stakeholders to closely monitor the company's ROE trend to assess its financial performance and sustainability. A consistently high ROE indicates efficient use of equity capital to generate profits, while a declining ROE may raise concerns about the company's profitability and efficiency.


Peer comparison

Mar 31, 2025

Company name
Symbol
ROE
Skyline Corporation
SKY
Cavco Industries Inc
CVCO
16.07%