Champion Homes, Inc. (SKY) 10-Year Financial Performance & Capital Metrics

SKY • • Industrial / General

Consumer CyclicalHomebuildersFactory-Built Housing ManufacturersManufactured & Modular Home Producers

AboutChampion Homes, Inc. produces and sells factory-built housing in North America. The company offers manufactured and modular homes, park models RVs, accessory dwelling units, and modular buildings for the multi-family and hospitality sectors. It builds homes under the Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes brands in the United States; and Moduline and SRI Homes brand names in western Canada. The company also provides construction services to install and set-up factory-built homes; operates Titan Factory Direct, a factory-direct manufactured home retail business with 18 sales centers in the southern United States; and engages in the transportation of manufactured homes and recreational vehicles. The company was founded in 2010 and is headquartered in Troy, Michigan.Show more

Revenue $2.48B +22.7%
EBITDA $282M +34.0%
Net Income $198M +35.3%
EPS (Diluted) 3.42 +35.2%
Gross Margin 26.16% +11.5%
EBITDA Margin 11.34% +9.3%
Operating Margin 9.54% +10.3%
Net Margin 7.99% +10.3%
ROE 13.38% +21.1%
ROIC 16.86% -1.1%
Debt/Equity 0.08 +3.9%
Interest Coverage 27.99 -26.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Excellent 3Y average ROE of 21.2%
✓Strong 5Y profit CAGR of 27.9%
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.6%

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y29.52%

5Y12.64%

3Y4.01%

TTM12.14%

Profit (Net Income) CAGR

10Y-

5Y27.89%

3Y-7.17%

TTM46.9%

EPS CAGR

10Y-

5Y27.38%

3Y-7.56%

TTM7.65%

ROCE

10Y Avg19.06%

5Y Avg27.04%

3Y Avg24.78%

Latest14.85%

Peer Comparison

Manufactured & Modular Home Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CVCOCavco Industries, Inc.	5.41B	692.78	33.45	12.29%	9.18%	18.12%	2.9%	0.04
SKYChampion Homes, Inc.	5.44B	97.46	28.50	22.65%	8.41%	13.96%	3.5%	0.08
LEGHLegacy Housing Corporation	538M	22.54	9.09	-2.62%	26.66%	9.23%	4.98%	0.00

Profit & Loss

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Sales/Revenue+	211.77M	236.5M	1.06B	1.36B	1.37B	1.42B	2.21B	2.61B	2.02B	2.48B
Revenue Growth %	0.13%	0.12%	3.5%	0.28%	0.01%	0.04%	0.55%	0.18%	-0.22%	0.23%
Cost of Goods Sold+	188.46M	214.53M	888.1M	1.12B	1.1B	1.14B	1.63B	1.8B	1.55B	1.83B
COGS % of Revenue	0.89%	0.91%	0.83%	0.82%	0.8%	0.8%	0.74%	0.69%	0.77%	0.74%
Gross Profit+	23.31M	21.98M	176.62M	240.54M	273.55M	282.08M	581.57M	808.04M	475.02M	649.67M
Gross Margin %	0.11%	0.09%	0.17%	0.18%	0.2%	0.2%	0.26%	0.31%	0.23%	0.26%
Gross Profit Growth %	0.36%	-0.06%	7.04%	0.36%	0.14%	0.03%	1.06%	0.39%	-0.41%	0.37%
Operating Expenses+	21.12M	22.91M	122.58M	260.96M	182.28M	172.28M	248.67M	289.42M	299.81M	412.63M
OpEx % of Revenue	0.1%	0.1%	0.12%	0.19%	0.13%	0.12%	0.11%	0.11%	0.15%	0.17%
Selling, General & Admin	21.12M	22.91M	122.58M	260.96M	182.28M	172.28M	248.67M	289.42M	299.81M	412.63M
SG&A % of Revenue	0.1%	0.1%	0.12%	0.19%	0.13%	0.12%	0.11%	0.11%	0.15%	0.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	2.19M	-931K	54.04M	-20.42M	91.27M	109.8M	332.9M	518.62M	175.21M	237.03M
Operating Margin %	0.01%	-0%	0.05%	-0.02%	0.07%	0.08%	0.15%	0.2%	0.09%	0.1%
Operating Income Growth %	1.53%	-1.42%	59.05%	-1.38%	5.47%	0.2%	2.03%	0.56%	-0.66%	0.35%
EBITDA+	3.25M	95K	62.3M	-4.34M	109.81M	127.51M	353.84M	545.35M	210.12M	281.64M
EBITDA Margin %	0.02%	0%	0.06%	-0%	0.08%	0.09%	0.16%	0.21%	0.1%	0.11%
EBITDA Growth %	2.14%	-0.97%	654.81%	-1.07%	26.3%	0.16%	1.78%	0.54%	-0.61%	0.34%
D&A (Non-Cash Add-back)	1.06M	1.03M	8.26M	16.08M	18.55M	17.7M	20.94M	26.73M	34.91M	44.61M
EBIT	2.19M	349K	48.25M	-35.97M	89.69M	115.21M	333.67M	537.17M	205.47M	265.84M
Net Interest Income+	-320K	-344K	-4.18M	-3.29M	-1.4M	-3.25M	-2.51M	14.98M	28.25M	16.97M
Interest Income	0	0	948K	2.04M	3.23M	565K	733K	18.25M	32.87M	25.44M
Interest Expense	320K	344K	5.13M	5.33M	4.63M	3.81M	3.25M	3.28M	4.61M	8.47M
Other Income/Expense	-320K	936K	-10.93M	-20.88M	-6.21M	1.6M	-2.48M	15.27M	18.63M	18.33M
Pretax Income+	1.87M	5K	43.12M	-41.3M	85.05M	111.4M	330.43M	533.9M	193.83M	255.36M
Pretax Margin %	0.01%	0%	0.04%	-0.03%	0.06%	0.08%	0.15%	0.2%	0.1%	0.1%
Income Tax+	0	0	27.32M	16.91M	26.89M	26.5M	82.39M	132.09M	47.14M	53.72M
Effective Tax Rate %	0.9%	1%	0.37%	1.41%	0.68%	0.76%	0.75%	0.75%	0.76%	0.78%
Net Income+	1.68M	5K	15.8M	-58.21M	57.99M	84.82M	248.04M	401.8M	146.7M	198.41M
Net Margin %	0.01%	0%	0.01%	-0.04%	0.04%	0.06%	0.11%	0.15%	0.07%	0.08%
Net Income Growth %	1.16%	-1%	3159%	-4.68%	2%	0.46%	1.92%	0.62%	-0.63%	0.35%
Net Income (Continuing)	1.87M	5K	15.8M	-58.21M	58.16M	84.9M	248.04M	401.8M	146.7M	201.64M
Discontinued Operations	-195K	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	6.12	0.36	-1.09	1.02	1.49	4.33	7.00	2.53	3.42
EPS Growth %	1.16%	29.6%	-0.94%	-4.03%	1.94%	0.46%	1.91%	0.62%	-0.64%	0.35%
EPS (Basic)	0.20	6.19	0.36	-1.09	1.03	1.50	4.37	7.05	2.55	3.45
Diluted Shares Outstanding	8.39M	8.48M	44.49M	53.49M	56.76M	56.97M	57.28M	57.4M	57.98M	58.08M
Basic Shares Outstanding	8.39M	8.39M	44.49M	53.4M	56.52M	56.65M	56.76M	56.99M	57.53M	57.56M
Dividend Payout Ratio	-	-	0.06%	-	-	-	-	-	-	-

Balance Sheet

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Total Current Assets+	35.82M	37.3M	263.1M	318.29M	398.81M	499.77M	782.26M	1.04B	918.3M	1.09B
Cash & Short-Term Investments	7.66M	11.38M	113.73M	126.63M	209.46M	262.58M	435.41M	747.45M	495.06M	610.34M
Cash Only	7.66M	11.38M	113.73M	126.63M	209.46M	262.58M	435.41M	747.45M	495.06M	610.34M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	15.15M	12.75M	41.98M	57.65M	45.73M	57.48M	90.54M	67.3M	64.63M	84.1M
Days Sales Outstanding	26.12	19.68	14.39	15.47	12.19	14.77	14.97	9.42	11.65	12.36
Inventory	11.38M	12.23M	98.02M	122.64M	126.39M	166.11M	241.33M	202.24M	318.74M	360.63M
Days Inventory Outstanding	22.04	20.81	40.29	39.98	42.08	53.24	54.19	41.04	75.07	71.78
Other Current Assets	1.54M	846K	9.37M	11.37M	17.24M	13.59M	14.98M	26.48M	39.87M	31.43M
Total Non-Current Assets+	19.16M	18.34M	132.29M	381.66M	382.89M	418.13M	452.36M	519.26M	1.01B	1.02B
Property, Plant & Equipment	11.64M	10.98M	67.96M	108.59M	109.29M	115.14M	132.99M	177.13M	290.93M	307.14M
Fixed Asset Turnover	18.19x	21.55x	15.67x	12.52x	12.53x	12.34x	16.60x	14.72x	6.96x	8.09x
Goodwill	2.73M	3.18M	3.18M	173.41M	173.52M	191.8M	191.97M	196.57M	357.97M	357.97M
Intangible Assets	1.76M	2.01M	1.54M	48.94M	43.36M	58.84M	51.28M	45.34M	76.37M	64.71M
Long-Term Investments	0	0	22.89M	0	0	0	0	0	0	0
Other Non-Current Assets	3.03M	2.17M	6.44M	16.68M	34.91M	32.44M	58.37M	82.79M	252.89M	256.09M
Total Assets+	54.98M	55.64M	395.4M	699.95M	781.7M	917.9M	1.23B	1.56B	1.92B	2.11B
Asset Turnover	3.85x	4.25x	2.69x	1.94x	1.75x	1.55x	1.79x	1.67x	1.05x	1.18x
Asset Growth %	0.09%	0.01%	6.11%	0.77%	0.12%	0.17%	0.35%	0.27%	0.23%	0.1%
Total Current Liabilities+	18.03M	18.39M	167.11M	206.3M	186.65M	263.64M	350.11M	248.92M	389.6M	451.31M
Accounts Payable	3.92M	3.86M	36.77M	43.42M	38.7M	57.21M	92.16M	44.7M	50.82M	65.14M
Days Payables Outstanding	7.59	6.57	15.11	14.16	12.89	18.34	20.69	9.07	11.97	12.96
Short-Term Debt	0	0	30.23M	33.32M	33.91M	25.73M	35.46M	0	91.29M	106.09M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	76.01M	96.59M	15.74M	24.59M	27.33M	24.77M	23.98M	27.88M
Current Ratio	1.99x	2.03x	1.57x	1.54x	2.14x	1.90x	2.23x	4.19x	2.36x	2.41x
Quick Ratio	1.36x	1.36x	0.99x	0.95x	1.46x	1.27x	1.55x	3.38x	1.54x	1.61x
Cash Conversion Cycle	40.56	33.92	39.57	41.3	41.38	49.67	48.47	41.39	74.75	71.18
Total Non-Current Liabilities+	11.81M	11.96M	74.99M	81.68M	120.74M	85.65M	59.39M	80.81M	111.37M	114.66M
Long-Term Debt	4.31M	4.31M	58.93M	54.33M	77.33M	39.33M	12.43M	12.43M	24.67M	24.77M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	3.29M	3.42M	3.26M	4.28M	5.12M	5.96M	6.91M	7.35M
Other Non-Current Liabilities	7.5M	7.65M	12.77M	23.93M	40.14M	42.04M	41.84M	62.41M	79.8M	82.54M
Total Liabilities	29.84M	30.34M	242.1M	287.98M	307.38M	349.29M	409.51M	329.72M	500.97M	565.97M
Total Debt+	4.31M	4.31M	89.16M	87.65M	111.24M	65.06M	47.89M	12.43M	115.95M	130.86M
Net Debt	-3.35M	-7.07M	-24.57M	-38.98M	-98.21M	-197.52M	-387.52M	-735.02M	-379.11M	-479.47M
Debt / Equity	0.17x	0.17x	0.58x	0.21x	0.23x	0.11x	0.06x	0.01x	0.08x	0.08x
Debt / EBITDA	1.33x	45.39x	1.43x	-	1.01x	0.51x	0.14x	0.02x	0.55x	0.46x
Net Debt / EBITDA	-1.03x	-74.44x	-0.39x	-	-0.89x	-1.55x	-1.10x	-1.35x	-1.80x	-1.70x
Interest Coverage	6.85x	-2.71x	10.53x	-3.83x	19.70x	28.80x	102.59x	158.31x	37.98x	27.99x
Total Equity+	25.13M	25.3M	153.3M	411.97M	474.31M	568.61M	825.11M	1.23B	1.42B	1.54B
Equity Growth %	0.08%	0.01%	5.06%	1.69%	0.15%	0.2%	0.45%	0.49%	0.15%	0.09%
Book Value per Share	3.00	2.98	3.45	7.70	8.36	9.98	14.40	21.48	24.53	26.59
Total Shareholders' Equity	25.13M	25.3M	153.3M	411.97M	474.31M	568.61M	825.11M	1.23B	1.42B	1.54B
Common Stock	312K	312K	312K	1.57M	1.57M	1.57M	1.57M	1.58M	1.6M	1.58M
Retained Earnings	85.56M	85.56M	22.51M	-58.21M	-48K	82.9M	327.9M	725.67M	866.49M	975.98M
Treasury Stock	-65.74M	-65.74M	0	0	0	0	0	0	0	0
Accumulated OCI	-4.7M	-10.15M	-9.29M	-10.62M	-12.76M	-7.52M	-7.21M	-13.73M	-13.92M	-20.07M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Cash from Operations+	3.42M	33.46M	31.62M	65.23M	76.74M	153.9M	224.48M	416.23M	222.7M	240.86M
Operating CF Margin %	0.02%	0.14%	0.03%	0.05%	0.06%	0.11%	0.1%	0.16%	0.11%	0.1%
Operating CF Growth %	1.79%	8.8%	-0.05%	1.06%	0.18%	1.01%	0.46%	0.85%	-0.46%	0.08%
Net Income	1.87M	51.33M	15.8M	-58.21M	58.16M	84.9M	248.04M	401.8M	146.7M	201.64M
Depreciation & Amortization	1.06M	7.25M	8.26M	16.08M	18.55M	17.7M	20.94M	26.73M	34.91M	41.91M
Stock-Based Compensation	82K	608K	642K	102M	8.35M	6.04M	9.78M	14.16M	19.56M	18.27M
Deferred Taxes	0	-26.71M	12.91M	3.05M	11.8M	3.59M	3.02M	1.13M	-6.45M	-10.59M
Other Non-Cash Items	2.82M	1.87M	496K	628K	2.52M	-74K	1.22M	1.06M	7.87M	13.62M
Working Capital Changes	766K	-887K	-6.49M	1.68M	-22.63M	41.74M	-58.52M	-28.65M	20.11M	-24M
Change in Receivables	385K	-9.77M	-13.9M	-2.22M	11.9M	-9.3M	-32.85M	23.09M	3.52M	-42.11M
Change in Inventory	-2.26M	-13.56M	-24.81M	-6.04M	-4.49M	-31.03M	-75.02M	49.2M	22.42M	-41.96M
Change in Payables	888K	7.79M	7.69M	-3.1M	-4.61M	16.37M	34.82M	-49.08M	-7.95M	14.42M
Cash from Investing+	-1.19M	-18.74M	-8.62M	-2.03M	-14.09M	-56.81M	-31.97M	-61.18M	-485.68M	-46.16M
Capital Expenditures	-1.13M	-6.96M	-9.44M	-12.09M	-15.39M	-8.02M	-31.98M	-52.24M	-52.91M	-50.53M
CapEx % of Revenue	0.01%	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-57K	2.92M	821K	340K	0	3.76M	219K	375K	-2.1M	4.38M
Cash from Financing+	-8.62M	3.69M	10.34M	-72.52M	21.57M	-47.81M	-19.94M	-37.02M	10.86M	-73.04M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-888K	-65.28M	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	3.69M	11.64M	-3.86M	-2.13M	-9.81M	6.96M	-37.02M	10.94M	-7.84M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	2.28M	26.5M	22.18M	53.14M	61.35M	145.88M	192.5M	363.98M	169.79M	190.32M
FCF Margin %	0.01%	0.11%	0.02%	0.04%	0.04%	0.1%	0.09%	0.14%	0.08%	0.08%
FCF Growth %	1.47%	10.61%	-0.16%	1.4%	0.15%	1.38%	0.32%	0.89%	-0.53%	0.12%
FCF per Share	0.27	3.13	0.50	0.99	1.08	2.56	3.36	6.34	2.93	3.28
FCF Conversion (FCF/Net Income)	2.04x	6691.80x	2.00x	-1.12x	1.32x	1.81x	0.90x	1.04x	1.52x	1.21x
Interest Paid	0	0	5M	4.97M	4.04M	3.57M	2.66M	2.94M	3.88M	8.39M
Taxes Paid	0	0	-13.03M	13.54M	22.31M	17.54M	73.83M	143.6M	59.06M	59.24M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.92%	0.02%	17.69%	-20.59%	13.09%	16.27%	35.59%	39.05%	11.05%	13.38%
Return on Invested Capital (ROIC)	7.4%	-3.49%	55.16%	-6.1%	18.28%	22.04%	61.75%	83.15%	17.05%	16.86%
Gross Margin	11.01%	9.29%	16.59%	17.69%	19.97%	19.85%	26.35%	31%	23.46%	26.16%
Net Margin	0.79%	0%	1.48%	-4.28%	4.23%	5.97%	11.24%	15.42%	7.24%	7.99%
Debt / Equity	0.17x	0.17x	0.58x	0.21x	0.23x	0.11x	0.06x	0.01x	0.08x	0.08x
Interest Coverage	6.85x	-2.71x	10.53x	-3.83x	19.70x	28.80x	102.59x	158.31x	37.98x	27.99x
FCF Conversion	2.04x	6691.80x	2.00x	-1.12x	1.32x	1.81x	0.90x	1.04x	1.52x	1.21x
Revenue Growth	13.26%	11.68%	350.19%	27.74%	0.71%	3.73%	55.34%	18.09%	-22.32%	22.65%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Manufacturing	-	-	-	-	-	1.49B	1.59B
Manufacturing Growth	-	-	-	-	-	-	6.90%
Retail	-	-	-	-	-	507.11M	861.94M
Retail Growth	-	-	-	-	-	-	69.97%
Transportation	-	-	-	-	50.93M	30.23M	31.36M
Transportation Growth	-	-	-	-	-	-40.65%	3.75%
Commercial	-	-	-	-	1.35M	-	-
Commercial Growth	-	-	-	-	-	-	-
U S Factory Built Housing	1.18B	1.23B	1.27B	1.99B	-	-	-
U S Factory Built Housing Growth	-	4.14%	3.25%	57.23%	-	-	-
Canadian Factory Built Housing	98.57M	84.2M	101.33M	159.12M	-	-	-
Canadian Factory Built Housing Growth	-	-14.58%	20.35%	57.04%	-	-	-
Corporate Other	83.79M	59.14M	53.24M	57.04M	-	-	-
Corporate Other Growth	-	-29.42%	-9.97%	7.13%	-	-	-

Frequently Asked Questions

Valuation & Price

Champion Homes, Inc. (SKY) has a price-to-earnings (P/E) ratio of 28.5x. This suggests investors expect higher future growth.

Growth & Financials

Champion Homes, Inc. (SKY) reported $2.62B in revenue for fiscal year 2024. This represents a 1335% increase from $182.8M in 2011.

Champion Homes, Inc. (SKY) grew revenue by 22.7% over the past year. This is strong growth.

Yes, Champion Homes, Inc. (SKY) is profitable, generating $220.8M in net income for fiscal year 2024 (8.0% net margin).

Dividend & Returns

Champion Homes, Inc. (SKY) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

Champion Homes, Inc. (SKY) generated $203.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Champion Homes, Inc. (SKY) 10-Year Financial Performance & Capital Metrics

SKY • • Industrial / General

Consumer CyclicalHomebuildersFactory-Built Housing ManufacturersManufactured & Modular Home Producers

Revenue $2.48B +22.7%
EBITDA $282M +34.0%
Net Income $198M +35.3%
EPS (Diluted) 3.42 +35.2%
Gross Margin 26.16% +11.5%
EBITDA Margin 11.34% +9.3%
Operating Margin 9.54% +10.3%
Net Margin 7.99% +10.3%
ROE 13.38% +21.1%
ROIC 16.86% -1.1%
Debt/Equity 0.08 +3.9%
Interest Coverage 27.99 -26.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓Excellent 3Y average ROE of 21.2%
✓Strong 5Y profit CAGR of 27.9%
✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.6%

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y29.52%

5Y12.64%

3Y4.01%

TTM12.14%

Profit (Net Income) CAGR

10Y-

5Y27.89%

3Y-7.17%

TTM46.9%

EPS CAGR

10Y-

5Y27.38%

3Y-7.56%

TTM7.65%

ROCE

10Y Avg19.06%

5Y Avg27.04%

3Y Avg24.78%

Latest14.85%

Peer Comparison

Manufactured & Modular Home Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
CVCOCavco Industries, Inc.	5.41B	692.78	33.45	12.29%	9.18%	18.12%	2.9%	0.04
SKYChampion Homes, Inc.	5.44B	97.46	28.50	22.65%	8.41%	13.96%	3.5%	0.08
LEGHLegacy Housing Corporation	538M	22.54	9.09	-2.62%	26.66%	9.23%	4.98%	0.00

Profit & Loss

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Sales/Revenue+	211.77M	236.5M	1.06B	1.36B	1.37B	1.42B	2.21B	2.61B	2.02B	2.48B
Revenue Growth %	0.13%	0.12%	3.5%	0.28%	0.01%	0.04%	0.55%	0.18%	-0.22%	0.23%
Cost of Goods Sold+	188.46M	214.53M	888.1M	1.12B	1.1B	1.14B	1.63B	1.8B	1.55B	1.83B
COGS % of Revenue	0.89%	0.91%	0.83%	0.82%	0.8%	0.8%	0.74%	0.69%	0.77%	0.74%
Gross Profit+	23.31M	21.98M	176.62M	240.54M	273.55M	282.08M	581.57M	808.04M	475.02M	649.67M
Gross Margin %	0.11%	0.09%	0.17%	0.18%	0.2%	0.2%	0.26%	0.31%	0.23%	0.26%
Gross Profit Growth %	0.36%	-0.06%	7.04%	0.36%	0.14%	0.03%	1.06%	0.39%	-0.41%	0.37%
Operating Expenses+	21.12M	22.91M	122.58M	260.96M	182.28M	172.28M	248.67M	289.42M	299.81M	412.63M
OpEx % of Revenue	0.1%	0.1%	0.12%	0.19%	0.13%	0.12%	0.11%	0.11%	0.15%	0.17%
Selling, General & Admin	21.12M	22.91M	122.58M	260.96M	182.28M	172.28M	248.67M	289.42M	299.81M	412.63M
SG&A % of Revenue	0.1%	0.1%	0.12%	0.19%	0.13%	0.12%	0.11%	0.11%	0.15%	0.17%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	2.19M	-931K	54.04M	-20.42M	91.27M	109.8M	332.9M	518.62M	175.21M	237.03M
Operating Margin %	0.01%	-0%	0.05%	-0.02%	0.07%	0.08%	0.15%	0.2%	0.09%	0.1%
Operating Income Growth %	1.53%	-1.42%	59.05%	-1.38%	5.47%	0.2%	2.03%	0.56%	-0.66%	0.35%
EBITDA+	3.25M	95K	62.3M	-4.34M	109.81M	127.51M	353.84M	545.35M	210.12M	281.64M
EBITDA Margin %	0.02%	0%	0.06%	-0%	0.08%	0.09%	0.16%	0.21%	0.1%	0.11%
EBITDA Growth %	2.14%	-0.97%	654.81%	-1.07%	26.3%	0.16%	1.78%	0.54%	-0.61%	0.34%
D&A (Non-Cash Add-back)	1.06M	1.03M	8.26M	16.08M	18.55M	17.7M	20.94M	26.73M	34.91M	44.61M
EBIT	2.19M	349K	48.25M	-35.97M	89.69M	115.21M	333.67M	537.17M	205.47M	265.84M
Net Interest Income+	-320K	-344K	-4.18M	-3.29M	-1.4M	-3.25M	-2.51M	14.98M	28.25M	16.97M
Interest Income	0	0	948K	2.04M	3.23M	565K	733K	18.25M	32.87M	25.44M
Interest Expense	320K	344K	5.13M	5.33M	4.63M	3.81M	3.25M	3.28M	4.61M	8.47M
Other Income/Expense	-320K	936K	-10.93M	-20.88M	-6.21M	1.6M	-2.48M	15.27M	18.63M	18.33M
Pretax Income+	1.87M	5K	43.12M	-41.3M	85.05M	111.4M	330.43M	533.9M	193.83M	255.36M
Pretax Margin %	0.01%	0%	0.04%	-0.03%	0.06%	0.08%	0.15%	0.2%	0.1%	0.1%
Income Tax+	0	0	27.32M	16.91M	26.89M	26.5M	82.39M	132.09M	47.14M	53.72M
Effective Tax Rate %	0.9%	1%	0.37%	1.41%	0.68%	0.76%	0.75%	0.75%	0.76%	0.78%
Net Income+	1.68M	5K	15.8M	-58.21M	57.99M	84.82M	248.04M	401.8M	146.7M	198.41M
Net Margin %	0.01%	0%	0.01%	-0.04%	0.04%	0.06%	0.11%	0.15%	0.07%	0.08%
Net Income Growth %	1.16%	-1%	3159%	-4.68%	2%	0.46%	1.92%	0.62%	-0.63%	0.35%
Net Income (Continuing)	1.87M	5K	15.8M	-58.21M	58.16M	84.9M	248.04M	401.8M	146.7M	201.64M
Discontinued Operations	-195K	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	0.20	6.12	0.36	-1.09	1.02	1.49	4.33	7.00	2.53	3.42
EPS Growth %	1.16%	29.6%	-0.94%	-4.03%	1.94%	0.46%	1.91%	0.62%	-0.64%	0.35%
EPS (Basic)	0.20	6.19	0.36	-1.09	1.03	1.50	4.37	7.05	2.55	3.45
Diluted Shares Outstanding	8.39M	8.48M	44.49M	53.49M	56.76M	56.97M	57.28M	57.4M	57.98M	58.08M
Basic Shares Outstanding	8.39M	8.39M	44.49M	53.4M	56.52M	56.65M	56.76M	56.99M	57.53M	57.56M
Dividend Payout Ratio	-	-	0.06%	-	-	-	-	-	-	-

Balance Sheet

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Total Current Assets+	35.82M	37.3M	263.1M	318.29M	398.81M	499.77M	782.26M	1.04B	918.3M	1.09B
Cash & Short-Term Investments	7.66M	11.38M	113.73M	126.63M	209.46M	262.58M	435.41M	747.45M	495.06M	610.34M
Cash Only	7.66M	11.38M	113.73M	126.63M	209.46M	262.58M	435.41M	747.45M	495.06M	610.34M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	15.15M	12.75M	41.98M	57.65M	45.73M	57.48M	90.54M	67.3M	64.63M	84.1M
Days Sales Outstanding	26.12	19.68	14.39	15.47	12.19	14.77	14.97	9.42	11.65	12.36
Inventory	11.38M	12.23M	98.02M	122.64M	126.39M	166.11M	241.33M	202.24M	318.74M	360.63M
Days Inventory Outstanding	22.04	20.81	40.29	39.98	42.08	53.24	54.19	41.04	75.07	71.78
Other Current Assets	1.54M	846K	9.37M	11.37M	17.24M	13.59M	14.98M	26.48M	39.87M	31.43M
Total Non-Current Assets+	19.16M	18.34M	132.29M	381.66M	382.89M	418.13M	452.36M	519.26M	1.01B	1.02B
Property, Plant & Equipment	11.64M	10.98M	67.96M	108.59M	109.29M	115.14M	132.99M	177.13M	290.93M	307.14M
Fixed Asset Turnover	18.19x	21.55x	15.67x	12.52x	12.53x	12.34x	16.60x	14.72x	6.96x	8.09x
Goodwill	2.73M	3.18M	3.18M	173.41M	173.52M	191.8M	191.97M	196.57M	357.97M	357.97M
Intangible Assets	1.76M	2.01M	1.54M	48.94M	43.36M	58.84M	51.28M	45.34M	76.37M	64.71M
Long-Term Investments	0	0	22.89M	0	0	0	0	0	0	0
Other Non-Current Assets	3.03M	2.17M	6.44M	16.68M	34.91M	32.44M	58.37M	82.79M	252.89M	256.09M
Total Assets+	54.98M	55.64M	395.4M	699.95M	781.7M	917.9M	1.23B	1.56B	1.92B	2.11B
Asset Turnover	3.85x	4.25x	2.69x	1.94x	1.75x	1.55x	1.79x	1.67x	1.05x	1.18x
Asset Growth %	0.09%	0.01%	6.11%	0.77%	0.12%	0.17%	0.35%	0.27%	0.23%	0.1%
Total Current Liabilities+	18.03M	18.39M	167.11M	206.3M	186.65M	263.64M	350.11M	248.92M	389.6M	451.31M
Accounts Payable	3.92M	3.86M	36.77M	43.42M	38.7M	57.21M	92.16M	44.7M	50.82M	65.14M
Days Payables Outstanding	7.59	6.57	15.11	14.16	12.89	18.34	20.69	9.07	11.97	12.96
Short-Term Debt	0	0	30.23M	33.32M	33.91M	25.73M	35.46M	0	91.29M	106.09M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	76.01M	96.59M	15.74M	24.59M	27.33M	24.77M	23.98M	27.88M
Current Ratio	1.99x	2.03x	1.57x	1.54x	2.14x	1.90x	2.23x	4.19x	2.36x	2.41x
Quick Ratio	1.36x	1.36x	0.99x	0.95x	1.46x	1.27x	1.55x	3.38x	1.54x	1.61x
Cash Conversion Cycle	40.56	33.92	39.57	41.3	41.38	49.67	48.47	41.39	74.75	71.18
Total Non-Current Liabilities+	11.81M	11.96M	74.99M	81.68M	120.74M	85.65M	59.39M	80.81M	111.37M	114.66M
Long-Term Debt	4.31M	4.31M	58.93M	54.33M	77.33M	39.33M	12.43M	12.43M	24.67M	24.77M
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	0	0	3.29M	3.42M	3.26M	4.28M	5.12M	5.96M	6.91M	7.35M
Other Non-Current Liabilities	7.5M	7.65M	12.77M	23.93M	40.14M	42.04M	41.84M	62.41M	79.8M	82.54M
Total Liabilities	29.84M	30.34M	242.1M	287.98M	307.38M	349.29M	409.51M	329.72M	500.97M	565.97M
Total Debt+	4.31M	4.31M	89.16M	87.65M	111.24M	65.06M	47.89M	12.43M	115.95M	130.86M
Net Debt	-3.35M	-7.07M	-24.57M	-38.98M	-98.21M	-197.52M	-387.52M	-735.02M	-379.11M	-479.47M
Debt / Equity	0.17x	0.17x	0.58x	0.21x	0.23x	0.11x	0.06x	0.01x	0.08x	0.08x
Debt / EBITDA	1.33x	45.39x	1.43x	-	1.01x	0.51x	0.14x	0.02x	0.55x	0.46x
Net Debt / EBITDA	-1.03x	-74.44x	-0.39x	-	-0.89x	-1.55x	-1.10x	-1.35x	-1.80x	-1.70x
Interest Coverage	6.85x	-2.71x	10.53x	-3.83x	19.70x	28.80x	102.59x	158.31x	37.98x	27.99x
Total Equity+	25.13M	25.3M	153.3M	411.97M	474.31M	568.61M	825.11M	1.23B	1.42B	1.54B
Equity Growth %	0.08%	0.01%	5.06%	1.69%	0.15%	0.2%	0.45%	0.49%	0.15%	0.09%
Book Value per Share	3.00	2.98	3.45	7.70	8.36	9.98	14.40	21.48	24.53	26.59
Total Shareholders' Equity	25.13M	25.3M	153.3M	411.97M	474.31M	568.61M	825.11M	1.23B	1.42B	1.54B
Common Stock	312K	312K	312K	1.57M	1.57M	1.57M	1.57M	1.58M	1.6M	1.58M
Retained Earnings	85.56M	85.56M	22.51M	-58.21M	-48K	82.9M	327.9M	725.67M	866.49M	975.98M
Treasury Stock	-65.74M	-65.74M	0	0	0	0	0	0	0	0
Accumulated OCI	-4.7M	-10.15M	-9.29M	-10.62M	-12.76M	-7.52M	-7.21M	-13.73M	-13.92M	-20.07M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	May 2016	May 2017	Mar 2018	Mar 2019	Mar 2020	Apr 2021	Apr 2022	Apr 2023	Mar 2024	Mar 2025
Cash from Operations+	3.42M	33.46M	31.62M	65.23M	76.74M	153.9M	224.48M	416.23M	222.7M	240.86M
Operating CF Margin %	0.02%	0.14%	0.03%	0.05%	0.06%	0.11%	0.1%	0.16%	0.11%	0.1%
Operating CF Growth %	1.79%	8.8%	-0.05%	1.06%	0.18%	1.01%	0.46%	0.85%	-0.46%	0.08%
Net Income	1.87M	51.33M	15.8M	-58.21M	58.16M	84.9M	248.04M	401.8M	146.7M	201.64M
Depreciation & Amortization	1.06M	7.25M	8.26M	16.08M	18.55M	17.7M	20.94M	26.73M	34.91M	41.91M
Stock-Based Compensation	82K	608K	642K	102M	8.35M	6.04M	9.78M	14.16M	19.56M	18.27M
Deferred Taxes	0	-26.71M	12.91M	3.05M	11.8M	3.59M	3.02M	1.13M	-6.45M	-10.59M
Other Non-Cash Items	2.82M	1.87M	496K	628K	2.52M	-74K	1.22M	1.06M	7.87M	13.62M
Working Capital Changes	766K	-887K	-6.49M	1.68M	-22.63M	41.74M	-58.52M	-28.65M	20.11M	-24M
Change in Receivables	385K	-9.77M	-13.9M	-2.22M	11.9M	-9.3M	-32.85M	23.09M	3.52M	-42.11M
Change in Inventory	-2.26M	-13.56M	-24.81M	-6.04M	-4.49M	-31.03M	-75.02M	49.2M	22.42M	-41.96M
Change in Payables	888K	7.79M	7.69M	-3.1M	-4.61M	16.37M	34.82M	-49.08M	-7.95M	14.42M
Cash from Investing+	-1.19M	-18.74M	-8.62M	-2.03M	-14.09M	-56.81M	-31.97M	-61.18M	-485.68M	-46.16M
Capital Expenditures	-1.13M	-6.96M	-9.44M	-12.09M	-15.39M	-8.02M	-31.98M	-52.24M	-52.91M	-50.53M
CapEx % of Revenue	0.01%	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.03%	0.02%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-57K	2.92M	821K	340K	0	3.76M	219K	375K	-2.1M	4.38M
Cash from Financing+	-8.62M	3.69M	10.34M	-72.52M	21.57M	-47.81M	-19.94M	-37.02M	10.86M	-73.04M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	-888K	-65.28M	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	0	3.69M	11.64M	-3.86M	-2.13M	-9.81M	6.96M	-37.02M	10.94M	-7.84M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	2.28M	26.5M	22.18M	53.14M	61.35M	145.88M	192.5M	363.98M	169.79M	190.32M
FCF Margin %	0.01%	0.11%	0.02%	0.04%	0.04%	0.1%	0.09%	0.14%	0.08%	0.08%
FCF Growth %	1.47%	10.61%	-0.16%	1.4%	0.15%	1.38%	0.32%	0.89%	-0.53%	0.12%
FCF per Share	0.27	3.13	0.50	0.99	1.08	2.56	3.36	6.34	2.93	3.28
FCF Conversion (FCF/Net Income)	2.04x	6691.80x	2.00x	-1.12x	1.32x	1.81x	0.90x	1.04x	1.52x	1.21x
Interest Paid	0	0	5M	4.97M	4.04M	3.57M	2.66M	2.94M	3.88M	8.39M
Taxes Paid	0	0	-13.03M	13.54M	22.31M	17.54M	73.83M	143.6M	59.06M	59.24M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	6.92%	0.02%	17.69%	-20.59%	13.09%	16.27%	35.59%	39.05%	11.05%	13.38%
Return on Invested Capital (ROIC)	7.4%	-3.49%	55.16%	-6.1%	18.28%	22.04%	61.75%	83.15%	17.05%	16.86%
Gross Margin	11.01%	9.29%	16.59%	17.69%	19.97%	19.85%	26.35%	31%	23.46%	26.16%
Net Margin	0.79%	0%	1.48%	-4.28%	4.23%	5.97%	11.24%	15.42%	7.24%	7.99%
Debt / Equity	0.17x	0.17x	0.58x	0.21x	0.23x	0.11x	0.06x	0.01x	0.08x	0.08x
Interest Coverage	6.85x	-2.71x	10.53x	-3.83x	19.70x	28.80x	102.59x	158.31x	37.98x	27.99x
FCF Conversion	2.04x	6691.80x	2.00x	-1.12x	1.32x	1.81x	0.90x	1.04x	1.52x	1.21x
Revenue Growth	13.26%	11.68%	350.19%	27.74%	0.71%	3.73%	55.34%	18.09%	-22.32%	22.65%

Revenue by Segment

	2018	2019	2020	2021	2022	2023	2024
Manufacturing	-	-	-	-	-	1.49B	1.59B
Manufacturing Growth	-	-	-	-	-	-	6.90%
Retail	-	-	-	-	-	507.11M	861.94M
Retail Growth	-	-	-	-	-	-	69.97%
Transportation	-	-	-	-	50.93M	30.23M	31.36M
Transportation Growth	-	-	-	-	-	-40.65%	3.75%
Commercial	-	-	-	-	1.35M	-	-
Commercial Growth	-	-	-	-	-	-	-
U S Factory Built Housing	1.18B	1.23B	1.27B	1.99B	-	-	-
U S Factory Built Housing Growth	-	4.14%	3.25%	57.23%	-	-	-
Canadian Factory Built Housing	98.57M	84.2M	101.33M	159.12M	-	-	-
Canadian Factory Built Housing Growth	-	-14.58%	20.35%	57.04%	-	-	-
Corporate Other	83.79M	59.14M	53.24M	57.04M	-	-	-
Corporate Other Growth	-	-29.42%	-9.97%	7.13%	-	-	-

Frequently Asked Questions

Valuation & Price

Champion Homes, Inc. (SKY) has a price-to-earnings (P/E) ratio of 28.5x. This suggests investors expect higher future growth.

Growth & Financials

Champion Homes, Inc. (SKY) reported $2.62B in revenue for fiscal year 2024. This represents a 1335% increase from $182.8M in 2011.

Champion Homes, Inc. (SKY) grew revenue by 22.7% over the past year. This is strong growth.

Yes, Champion Homes, Inc. (SKY) is profitable, generating $220.8M in net income for fiscal year 2024 (8.0% net margin).

Dividend & Returns

Champion Homes, Inc. (SKY) has a return on equity (ROE) of 13.4%. This is reasonable for most industries.

Champion Homes, Inc. (SKY) generated $203.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.