Skyline Corporation (SKY)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | — | 175,205 | 518,285 | 332,905 | 108,759 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,422,370 | 1,233,000 | 825,113 | 568,611 |
| Return on total capital | — | 12.32% | 42.03% | 40.35% | 19.13% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —
Skyline Corporation's return on total capital has shown significant fluctuations over the years. The company's return on total capital was 19.13% as of March 31, 2021, indicating a decent performance. However, this metric increased substantially to 40.35% by March 31, 2022, and further improved to 42.03% by March 31, 2023, reflecting a strong growth in profitability and efficiency.
It is noteworthy that the return on total capital dropped to 12.32% by March 31, 2024, suggesting a decline in the company's ability to generate income relative to its total capital employed. The absence of data for March 31, 2025, makes it challenging to assess the most recent performance accurately.
Overall, while the company experienced periods of high returns on total capital, the significant variation in performance indicates potential fluctuations in profitability and efficiency that should be monitored closely for future analysis and decision-making.
Peer comparison
Mar 31, 2025