Skyline Corporation
Champion Homes, Inc. produces and sells factory-built housing in the United States and Canada. The company offers manufactured and modular homes, park models recreational vehicles and cabins, accessory dwelling units, commercial structures, and modular buildings for the single and multi-family markets. It builds homes under the Champion Homes, Genesis Homes, Skyline Homes, Regional Homes, Athens … Read more
Skyline Corporation (SKY) - Net Assets
Latest net assets as of December 2025: $1.59 Billion USD
Based on the latest financial reports, Skyline Corporation (SKY) has net assets worth $1.59 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.11 Billion) and total liabilities ($522.09 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.59 Billion |
| % of Total Assets | 75.31% |
| Annual Growth Rate | 6.62% |
| 5-Year Change | 171.62% |
| 10-Year Change | 6045.06% |
| Growth Volatility | 85.08 |
Skyline Corporation - Net Assets Trend (1986–2025)
This chart illustrates how Skyline Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Skyline Corporation (1986–2025)
The table below shows the annual net assets of Skyline Corporation from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.54 Billion | +8.58% |
| 2024-03-31 | $1.42 Billion | +15.36% |
| 2023-03-31 | $1.23 Billion | +49.43% |
| 2022-03-31 | $825.11 Million | +45.11% |
| 2021-03-31 | $568.61 Million | +19.88% |
| 2020-03-31 | $474.31 Million | +15.13% |
| 2019-03-31 | $411.97 Million | +168.74% |
| 2018-03-31 | $153.30 Million | +505.94% |
| 2017-03-31 | $25.30 Million | +0.66% |
| 2016-03-31 | $25.13 Million | +7.53% |
| 2015-03-31 | $23.37 Million | -30.82% |
| 2014-03-31 | $33.79 Million | -25.99% |
| 2013-03-31 | $45.65 Million | -18.72% |
| 2012-03-31 | $56.16 Million | -27.10% |
| 2011-03-31 | $77.04 Million | -29.78% |
| 2010-03-31 | $109.71 Million | -24.21% |
| 2009-03-31 | $144.74 Million | -12.92% |
| 2008-03-31 | $166.22 Million | -6.52% |
| 2007-03-31 | $177.81 Million | -10.08% |
| 2006-03-31 | $197.75 Million | +4.35% |
| 2005-03-31 | $189.50 Million | -4.52% |
| 2004-03-31 | $198.48 Million | +0.05% |
| 2003-03-31 | $198.38 Million | +0.08% |
| 2002-03-31 | $198.23 Million | +3.24% |
| 2001-03-31 | $192.02 Million | -0.48% |
| 2000-03-31 | $192.95 Million | +4.02% |
| 1999-03-31 | $185.50 Million | +1.09% |
| 1998-03-31 | $183.50 Million | +4.14% |
| 1997-03-31 | $176.20 Million | -4.40% |
| 1996-03-31 | $184.30 Million | +2.56% |
| 1995-03-31 | $179.70 Million | +5.46% |
| 1994-03-31 | $170.40 Million | +5.32% |
| 1993-03-31 | $161.80 Million | +2.86% |
| 1992-03-31 | $157.30 Million | +0.25% |
| 1991-03-31 | $156.90 Million | -0.06% |
| 1990-03-31 | $157.00 Million | +2.82% |
| 1989-03-31 | $152.70 Million | +8.37% |
| 1988-03-31 | $140.90 Million | +5.70% |
| 1987-03-31 | $133.30 Million | +4.96% |
| 1986-03-31 | $127.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skyline Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 698.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $975.98 Million | 63.19% |
| Common Stock | $1.58 Million | 0.10% |
| Other Comprehensive Income | $-20.07 Million | -1.30% |
| Other Components | $586.94 Million | 38.00% |
| Total Equity | $1.54 Billion | 100.00% |
Skyline Corporation Competitors by Market Cap
The table below lists competitors of Skyline Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ono Pharmaceutical Co. Ltd
PINK:OPHLF
|
$4.26 Billion |
|
Inari Medical Inc
NASDAQ:NARI
|
$4.27 Billion |
|
Urban Outfitters Inc
NASDAQ:URBN
|
$4.27 Billion |
|
Edenred SA
PA:EDEN
|
$4.27 Billion |
|
Mueller Water Products
NYSE:MWA
|
$4.26 Billion |
|
Alkermes Plc
NASDAQ:ALKS
|
$4.26 Billion |
|
BB Seguridade Participacoes SA
PINK:BBSEY
|
$4.26 Billion |
|
Iveco Group
OTCGREY:IVCGF
|
$4.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skyline Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,422,370,000 to 1,544,438,000, a change of 122,068,000 (8.6%).
- Net income of 198,413,000 contributed positively to equity growth.
- Share repurchases of 79,999,000 reduced equity.
- Other comprehensive income decreased equity by 6,145,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $198.41 Million | +12.85% |
| Share Repurchases | $80.00 Million | -5.18% |
| Other Comprehensive Income | $-6.14 Million | -0.4% |
| Other Changes | $9.80 Million | +0.63% |
| Total Change | $- | 8.58% |
Book Value vs Market Value Analysis
This analysis compares Skyline Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 34.47x to 2.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $2.27 | $78.30 | x |
| 1987-03-31 | $2.37 | $78.30 | x |
| 1988-03-31 | $2.52 | $78.30 | x |
| 1989-03-31 | $2.73 | $78.30 | x |
| 1990-03-31 | $2.82 | $78.30 | x |
| 1991-03-31 | $2.84 | $78.30 | x |
| 1992-03-31 | $2.82 | $78.30 | x |
| 1993-03-31 | $2.91 | $78.30 | x |
| 1994-03-31 | $3.04 | $78.30 | x |
| 1995-03-31 | $3.22 | $78.30 | x |
| 1996-03-31 | $3.41 | $78.30 | x |
| 1997-03-31 | $3.43 | $78.30 | x |
| 1998-03-31 | $3.84 | $78.30 | x |
| 1999-03-31 | $4.05 | $78.30 | x |
| 2000-03-31 | $4.25 | $78.30 | x |
| 2001-03-31 | $4.54 | $78.30 | x |
| 2002-03-31 | $4.72 | $78.30 | x |
| 2003-03-31 | $4.73 | $78.30 | x |
| 2004-03-31 | $4.73 | $78.30 | x |
| 2005-03-31 | $4.52 | $78.30 | x |
| 2006-03-31 | $4.71 | $78.30 | x |
| 2007-03-31 | $4.24 | $78.30 | x |
| 2008-03-31 | $3.96 | $78.30 | x |
| 2009-03-31 | $3.45 | $78.30 | x |
| 2010-03-31 | $2.61 | $78.30 | x |
| 2011-03-31 | $1.84 | $78.30 | x |
| 2012-03-31 | $1.34 | $78.30 | x |
| 2013-03-31 | $1.09 | $78.30 | x |
| 2014-03-31 | $4.03 | $78.30 | x |
| 2015-03-31 | $2.79 | $78.30 | x |
| 2016-03-31 | $3.00 | $78.30 | x |
| 2017-03-31 | $0.57 | $78.30 | x |
| 2018-03-31 | $3.45 | $78.30 | x |
| 2019-03-31 | $7.70 | $78.30 | x |
| 2020-03-31 | $8.36 | $78.30 | x |
| 2021-03-31 | $9.98 | $78.30 | x |
| 2022-03-31 | $14.40 | $78.30 | x |
| 2023-03-31 | $21.48 | $78.30 | x |
| 2024-03-31 | $24.53 | $78.30 | x |
| 2025-03-31 | $26.59 | $78.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skyline Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.99%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.37x
- Recent ROE (12.85%) is above the historical average (1.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 8.19% | 3.29% | 2.15x | 1.16x | $-2.30 Million |
| 1987 | 8.78% | 3.74% | 2.00x | 1.17x | $-1.63 Million |
| 1988 | 9.30% | 4.06% | 1.98x | 1.16x | $-990.00K |
| 1989 | 11.20% | 4.46% | 2.16x | 1.16x | $1.83 Million |
| 1990 | 6.18% | 2.65% | 2.05x | 1.14x | $-6.00 Million |
| 1991 | 3.31% | 1.59% | 1.86x | 1.12x | $-10.49 Million |
| 1992 | 3.69% | 1.71% | 1.88x | 1.15x | $-9.93 Million |
| 1993 | 6.12% | 2.01% | 2.61x | 1.17x | $-6.28 Million |
| 1994 | 8.80% | 2.59% | 2.78x | 1.22x | $-2.04 Million |
| 1995 | 8.51% | 2.38% | 2.98x | 1.20x | $-2.67 Million |
| 1996 | 10.69% | 3.05% | 2.81x | 1.25x | $1.27 Million |
| 1997 | 11.80% | 3.39% | 2.81x | 1.24x | $3.18 Million |
| 1998 | 10.84% | 3.19% | 2.68x | 1.27x | $1.55 Million |
| 1999 | 13.80% | 3.85% | 2.76x | 1.30x | $7.05 Million |
| 2000 | 7.79% | 2.55% | 2.50x | 1.22x | $-4.27 Million |
| 2001 | 5.82% | 2.41% | 1.97x | 1.23x | $-8.03 Million |
| 2002 | 6.18% | 2.72% | 1.89x | 1.20x | $-7.57 Million |
| 2003 | 3.12% | 1.48% | 1.76x | 1.21x | $-13.65 Million |
| 2004 | 3.09% | 1.42% | 1.79x | 1.22x | $-13.71 Million |
| 2005 | 2.88% | 1.20% | 1.91x | 1.25x | $-13.50 Million |
| 2006 | 7.23% | 2.81% | 2.05x | 1.26x | $-5.48 Million |
| 2007 | 1.46% | 0.71% | 1.70x | 1.21x | $-15.19 Million |
| 2008 | -3.34% | -1.84% | 1.53x | 1.19x | $-22.18 Million |
| 2009 | -10.66% | -9.26% | 0.99x | 1.16x | $-29.91 Million |
| 2010 | -26.43% | -21.28% | 1.04x | 1.19x | $-39.96 Million |
| 2011 | -34.56% | -16.40% | 1.64x | 1.29x | $-34.33 Million |
| 2012 | -34.48% | -10.59% | 2.32x | 1.40x | $-24.98 Million |
| 2013 | -23.03% | -5.92% | 2.61x | 1.49x | $-15.08 Million |
| 2014 | -35.11% | -6.19% | 2.92x | 1.95x | $-15.24 Million |
| 2015 | -43.53% | -5.44% | 3.71x | 2.16x | $-12.51 Million |
| 2016 | 6.68% | 0.79% | 3.85x | 2.19x | $-835.30K |
| 2017 | 0.02% | 0.00% | 4.25x | 2.20x | $-2.52 Million |
| 2018 | 10.31% | 1.48% | 2.69x | 2.58x | $470.30K |
| 2019 | -14.13% | -4.28% | 1.94x | 1.70x | $-99.41 Million |
| 2020 | 12.23% | 4.23% | 1.75x | 1.65x | $10.56 Million |
| 2021 | 14.92% | 5.97% | 1.55x | 1.61x | $27.96 Million |
| 2022 | 30.06% | 11.24% | 1.79x | 1.50x | $165.53 Million |
| 2023 | 32.59% | 15.42% | 1.67x | 1.27x | $278.50 Million |
| 2024 | 10.31% | 7.24% | 1.05x | 1.35x | $4.46 Million |
| 2025 | 12.85% | 7.99% | 1.18x | 1.37x | $43.97 Million |
Industry Comparison
This section compares Skyline Corporation's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $2,241,860,400
- Average return on equity (ROE) among peers: -1.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Skyline Corporation (SKY) | $1.59 Billion | 8.19% | 0.33x | $4.26 Billion |
| Auscrete Corp (ASCK) | $-17.40K | 0.00% | 0.00x | $6.25K |
| BDCC (BDCC) | $977.67K | -17.59% | 0.06x | $875.45K |
| Barratt Developments PLC (BTDPY) | $269.50 Million | 18.07% | 1.18x | $7.57 Billion |
| Vistry Group PLC (BVHMF) | $710.82 Million | 1.97% | 0.31x | $1.54 Billion |
| BVHMY (BVHMY) | $3.32 Billion | 6.48% | 0.83x | $1.44 Billion |
| Beazer Homes USA Inc (BZH) | $262.25 Million | -55.42% | 6.56x | $561.31 Million |
| Calgro M3 Holdings Limited (CLMHF) | $1.43 Billion | 11.51% | 1.28x | $27.19 Million |
| Cairn Homes plc (CNHHY) | $778.78 Million | 5.55% | 0.30x | $1.56 Billion |
| Consorcio ARA S. A. B. de C. V. (CNRFF) | $15.56 Billion | 4.41% | 0.56x | $85.90 Million |
| Cavco Industries Inc (CVCO) | $85.70 Million | 8.05% | 0.66x | $3.88 Billion |