Gross Margin % is calculated as gross profit divided by its revenue. Skyline Champion's Gross Profit for the
three
months ended in Dec. 2023 was $141 Mil. Skyline Champion's Revenue for the
three
months ended in Dec. 2023 was $559 Mil. Therefore, Skyline Champion's Gross Margin % for the quarter that ended in Dec. 2023 was 25.25%.
The historical rank and industry rank for Skyline Champion's Gross Margin % or its related term are showing as below:
SKY'
s Gross Margin % Range Over the Past 10 Years
Min: 7.23 Med: 17.38 Max: 31.41
Current: 26.7
During the past 13 years, the highestGross Margin % of Skyline Champion was 31.41%. The lowest was 7.23%. And the median was 17.38%.
SKY's Gross Margin % is ranked better than 75.73% of 103
companies
in the Homebuilding & Construction industry
Industry Median: 21.72
vs SKY: 26.70
Skyline Champion had a gross margin of 25.25% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for Skyline Champion was 13.20% per year.
Skyline Champion Gross Margin % Historical Data
The historical data trend for Skyline Champion'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.
For the Residential Construction subindustry, Skyline Champion'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.
Skyline Champion Gross Margin % Distribution
For the Homebuilding & Construction industry and Consumer Cyclical sector, Skyline Champion's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Skyline Champion's Gross Margin % falls into.
* 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.
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
Skyline Champion had a gross margin of 25.25% for the quarter that ended in Dec. 2023 => 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.
Skyline Champion Gross Margin % Related Terms
Thank you for viewing the detailed overview of Skyline Champion's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Skyline Champion (Skyline Champion) Business Description
Skyline Champion Corp is a factory-built housing company in North America. The company offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family, hospitality, senior and workforce housing sectors. It designs and builds a range of manufactured and modular homes, park model RVs, ADUs, and commercial structures. It builds homes under brand names in the factory-built housing industry including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the U.S., and Moduline and SRI Homes in western Canada. It generates maximum revenue from U.S. Factory-built Housing segment.
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