SKY (Champion Homes) Gross Margin %: 24.85% (As of Mar. 2026) — 12% Above Median


SKY Champion Homes Inc SKY
86 GF Score
Price $84.74
GF Value $93.55
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Champion Homes Gross Margin %?

Champion Homes SKY -0.16% 86 Gross Margin % is 24.85% as of Mar. 2026, which is 12% above its 10-year median of 22.18. GuruFocus rates SKY with a GF Score™ of 86/100 and a GF Value™ of $93.55 (Fairly Valued). The stock has 3 warning signs investors should review. Among 90 Homebuilding & Construction companies, Champion Homes ranks better than 76.67% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Champion Homes's Gross Profit for the three months ended in Mar. 2026 was $154 Mil. Champion Homes's Revenue for the three months ended in Mar. 2026 was $621 Mil. Therefore, Champion Homes's Gross Margin % for the quarter that ended in Mar. 2026 was 24.85%.


The historical rank and industry rank for Champion Homes's Gross Margin % or its related term are showing as below:

SKY' s Gross Margin % Range Over the Past 10 Years
Min: 16.63   Med: 22.18   Max: 31.41
Current: 26.44


During the past 13 years, the highest Gross Margin % of Champion Homes was 31.41%. The lowest was 16.63%. And the median was 22.18%.

SKY's Gross Margin % is ranked better than
76.67% of 90 companies
in the Homebuilding & Construction industry
Industry Median: 21.295 vs SKY: 26.44

Champion Homes had a gross margin of 24.85% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Champion Homes was 3.10% per year.


Champion Homes  (NYSE:SKY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Champion Homes had a gross margin of 24.85% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Champion Homes Gross Margin % Related Terms


Champion Homes Gross Margin % Historical Data

* Premium members only.

The historical data trend for Champion Homes's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Champion Homes Gross Margin % Chart

Champion Homes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.69 31.41 23.99 26.74 26.44

Champion Homes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.67 27.07 27.46 26.22 24.85

SKY vs CVCO, MHO, MTH: Gross Margin % Comparison

For the Residential Construction subindustry, Champion Homes's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Champion Homes Gross Margin % vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Champion Homes's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Champion Homes's Gross Margin % falls into.


SKY
86GF Score
Champion Homes Inc SKY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Champion Homes Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Champion Homes's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=704.3 / 2663.639
=(Revenue - Cost of Goods Sold) / Revenue
=(2663.639 - 1959.32) / 2663.639
=26.44 %

Champion Homes's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=154.4 / 621.278
=(Revenue - Cost of Goods Sold) / Revenue
=(621.278 - 466.914) / 621.278
=24.85 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 24.85% mean?
Champion Homes (SKY) has a Gross Margin % of 24.85% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Champion Homes and its competitors. This is 12% above median its historical median of 22.18. Over the past decade, Champion Homes' Gross Margin % has ranged from 16.63 to 31.41. According to the industry distribution chart, Champion Homes ranks #21 out of 90 companies in the Homebuilding & Construction industry, placing it in the top 23.3%.
Is Champion Homes' Gross Margin % too high?
Champion Homes' current Gross Margin % of 24.85% is 12% above median its 10-year median of 22.18. Over the past 10 years, this metric has ranged from a low of 16.63 to a high of 31.41. The Homebuilding & Construction industry median Gross Margin % is 21.30. Champion Homes' value of 24.85% is 16.7% above this industry median. Based on the distribution chart, Champion Homes ranks #21 out of 90 companies in the Homebuilding & Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Champion Homes has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Champion Homes' Gross Margin % compare to CVCO and MHO?
According to the Homebuilding & Construction industry distribution chart, Champion Homes ranks #21 out of 90 companies for Gross Margin %. This places Champion Homes in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 21.30. Champion Homes' value of 24.85% is 16.7% above this benchmark. Historically, Champion Homes' own Gross Margin % has ranged from 16.63 to 31.41 over the past decade. While the company's 10-year median is 22.18 vs. the industry median of 21.30, Champion Homes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Homebuilding & Construction company?
The median Gross Margin % among Homebuilding & Construction companies is 21.30, based on 90 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Champion Homes's current Gross Margin % of 24.85% is 16.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Champion Homes and its competitors. For the Homebuilding & Construction industry, the median Gross Margin % is 21.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Champion Homes's current Gross Margin % is 24.85%, which is 12% above median its own 10-year median of 22.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Champion Homes stock overvalued right now?
Based on GuruFocus' analysis, Champion Homes (SKY) is currently considered Fairly Valued. The stock's GF Value™ is $93.55, compared to a current price of $84.74 — trading 9.4% below its estimated fair value. The current Gross Margin % is 24.85%, which is 12% above median its 10-year median of 22.18 and 16.7% above the Homebuilding & Construction industry median of 21.30. Champion Homes' overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Champion Homes (SKY), the current Gross Margin % is 24.85% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Champion Homes (SKY) Overvalued in 2026?

Based on GuruFocus' analysis, Champion Homes stock appears to be undervalued. The current stock price of $84.74 is trading 9.4% below its estimated GF Value™ of $93.55. GuruFocus considers Champion Homes to be Fairly Valued.

Key valuation signals for SKY:

  • Gross Margin %: 24.85% (12% above median its 10-year median of 22.18)
  • GF Value™: $93.55 vs. price of $84.74 (9.4% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 16.7% above the Homebuilding & Construction median (#21 of 90)

No single metric tells the full story. See the SKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Champion Homes Business Description

Address 755 West Big Beaver Road, Suite 1000, Troy, MI, USA, 48084
Champion Homes Inc is a factory-built housing company in North America. The company is well positioned with an portfolio of manufactured and modular homes, ADUs, park-models and modular buildings for the single-family, multi-family, and other hospitality sectors. In addition to its core home building business, the company provides construction services to install and set-up factory-built homes, operates a factory-direct retail business with 72 retail locations across the United States, and operates Star Fleet Trucking, providing transportation services to the manufactured housing and other industries from several dispatch locations across the United States.
86GF Score

Get the complete analysis for SKY

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$84.74
Price
$93.55
GF Value