SKY
Skyline Champion Corporation (SKY)
Last Price$100.0(2.5%)
Market Cap$5,875.3M
$2,381.1M
+20.3% YoY
$219.8M
+9.0% YoY
($557.1M)
Net Debt to FCF - (3.7x)
$149.0M
6.3% margin

SKY Income Statement

SKY Income Statement Overview

Annual
Quarterly
LTM
May'15
May'16
May'17
Mar'18
Mar'19
Mar'20
Apr'21
Apr'22
Apr'23
Mar'24
$2,024.8M (22.3%) YoY
$485.8M (40.7%) YoY
24.0% margin
Cost of revenue
$1,539.0M (13.9%) YoY
Operating income
$175.2M (66.2%) YoY
8.7% margin
Other: $2,604.0K
Net interest: $28.3M
Operating expenses
$310.6M 3.4% YoY
Pre-tax income
$200.9M (62.4%) YoY
9.9% margin
Net income
$146.7M (63.5%) YoY
7.2% margin
Income tax
$47.1M
23.5% tax rate
SG&A
$310.6M 3.4% YoY
15.3% of revenue

SKY Income statement key metrics

Annual
Quarterly
LTM

Revenue

$2,024.8M -22.3% YoY

Operating Income

$175.2M -66.2% YoY

Net Income

$146.7M -63.5% YoY

SKY Balance Sheet

SKY Balance Sheet Overview

Annual
Quarterly
LTM
May'15
May'16
May'17
Mar'18
Mar'19
Mar'20
Apr'21
Apr'22
Apr'23
Mar'24
Assets
Liabilities
Total assets
$1,923.3M
Current assets ($918.3M, 47.7% of total)
$495.1M (25.7%)
Other current assets
$358.6M (18.6%)
Non-current assets ($1,005.0M, 52.3% of total)
$76.4M (4.0%)
Other non-current assets
$599.1M (31.1%)
Financial position
($340.4M)
$495.1M$154.7M
Cash & Short-term Investments
Total Debt

SKY Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$1,923.3M +23.1% YoY

Liabilities

$501.0M +51.9% YoY

Shareholder's Equity

$1,422.4M +15.4% YoY

SKY Cash Flow Statement

SKY Cash Flow Statement Overview

Annual
Quarterly
LTM
May'15
May'16
May'17
Mar'18
Mar'19
Mar'20
Apr'21
Apr'22
Apr'23
Mar'24
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$747.5M$222.7M($485.7M)$10.9M($280.0K)$495.1M

SKY Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

$222.7M -46.5% YoY

Capital Expenditure (CAPEX)

($52.9M) +1.3% YoY

Free Cash Flow (FCF)

$169.8M -53.4% YoY

SKY Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
May'05May'06May'07May'08May'09May'10May'11May'12May'13May'14May'15May'16May'17Mar'18Mar'19Mar'20Apr'21Apr'22Apr'23Mar'24
% growth
454.3
5.1%
508.5
11.9%
365.5
(28.1%)
301.8
(17.4%)
166.7
(44.8%)
136.2
(18.3%)
162.3
19.2%
182.8
12.6%
177.6
(2.9%)
191.7
8.0%
187.0
(2.5%)
211.8
13.3%
861.3
306.7%
1,064.7
23.6%
1,360.0
27.7%
1,369.7
0.7%
1,420.9
3.7%
2,207.2
55.3%
2,606.6
18.1%
2,024.8
(22.3%)
Cost of Goods Sold (COGS)404.7444.7327.5279.0165.6131.4160.5178.0166.1181.4169.9188.5717.4887.61,114.71,090.81,133.21,618.11,787.91,539.0
% margin
49.6
10.9%
63.9
12.6%
38.0
10.4%
22.8
7.6%
1.1
0.6%
4.8
3.5%
1.8
1.1%
4.9
2.7%
11.5
6.5%
10.3
5.4%
17.1
9.1%
23.3
11.0%
144.0
16.7%
177.1
16.6%
245.4
18.0%
279.0
20.4%
287.7
20.2%
589.1
26.7%
818.7
31.4%
485.8
24.0%
Operating Expenses43.445.940.436.834.524.228.527.523.722.921.221.1105.6122.5275.1192.5178.9256.2300.4310.6
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)43.445.940.436.830.726.228.527.523.722.921.221.1105.2122.5275.1192.5178.9256.2300.4310.6
6.2
1.4%
17.9
3.5%
(2.4)
(0.7%)
(14.0)
(4.6%)
(25.9)
(15.5%)
(19.4)
(14.3%)
(26.7)
(16.4%)
(19.4)
(10.6%)
(10.6)
(6.0%)
(11.9)
(6.2%)
(3.9)
(2.1%)
2.2
1.0%
34.7
4.0%
54.6
5.1%
29.7
2.2%
86.5
6.3%
108.8
7.7%
332.9
15.1%
518.3
19.9%
175.2
8.7%
Interest Income0.00.00.00.00.90.10.10.00.10.10.10.00.40.92.03.20.60.718.332.9
Interest Expense0.00.00.00.00.00.00.00.00.00.10.40.34.64.23.31.43.22.53.34.6
Pre-tax Income8.723.33.4(9.1)(25.0)(19.4)(26.6)(19.4)(10.5)(11.9)(4.2)1.928.043.1(41.3)85.1111.4330.4533.9200.9
% effective tax rate
3.2
37.1%
9.0
38.7%
0.8
23.7%
(3.6)
39.2%
(9.6)
38.2%
9.6
(49.8%)
0.0
0.0%
(3.2)
16.5%
(1.7)
16.2%
0.1
(0.6%)
196.3
(4,687.7%)
2.6
141.0%
(23.3)
(83.3%)
27.3
63.4%
16.9
(40.9%)
26.9
31.6%
26.5
23.8%
82.4
24.9%
132.1
24.7%
47.1
23.5%
% margin
5.5
1.2%
14.3
2.8%
2.6
0.7%
(5.6)
(1.8%)
(15.4)
(9.3%)
(29.0)
(21.3%)
(26.6)
(16.4%)
(19.4)
(10.6%)
(10.5)
(5.9%)
(11.9)
(6.2%)
(10.4)
(5.6%)
1.7
0.8%
51.9
6.0%
15.8
1.5%
(58.2)
(4.3%)
58.2
4.2%
84.9
6.0%
248.0
11.2%
401.8
15.4%
146.7
7.2%
EPS0.651.700.31(0.66)(1.84)(3.46)(3.17)(2.31)(1.25)(1.41)(1.24)0.201.170.36(1.09)1.031.504.377.052.57
Diluted EPS0.651.700.31(0.66)(1.84)(3.46)(3.17)(2.31)(1.25)(1.41)(1.24)0.201.170.36(1.09)1.021.494.337.002.53
% margin
9.6
2.1%
21.1
4.1%
0.7
0.2%
(10.8)
(3.6%)
(22.3)
(13.4%)
(17.2)
(12.6%)
(23.9)
(14.8%)
(20.2)
(11.1%)
(8.5)
(4.8%)
(5.5)
(2.9%)
(2.5)
(1.3%)
3.3
1.5%
1.4
0.2%
62.7
5.9%
(19.9)
(1.5%)
107.5
7.9%
126.5
8.9%
353.8
16.0%
545.0
20.9%
210.1
10.4%