Champion Homes, Inc.
NYSE:SKY · New York Stock Exchange
+$2.88 today
Vol 0.78M · Avg 0.67M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:SKY · Revenue to Net Income
Key Ratios
Analysis
$2.7B of revenue converted into $206.9M of net income for the selected period. Gross margin is 26.2% and net margin is 7.7%, showing how much revenue survives after costs and taxes. EPS is $3.65, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B +7.3% | $2.5B +22.7% | $2.0B -22.3% | $2.6B +18.1% | $2.2B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $2.0B +6.8% | $1.8B +18.3% | $1.5B -13.8% | $1.8B +10.6% | $1.6B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $704.3M +8.4% | $649.7M +36.8% | $475.0M -41.2% | $808.0M +38.9% | $581.6M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 26.4% +0.3pp | 26.2% +2.7pp | 23.5% -7.5pp | 31.0% +4.7pp | 26.3% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $452.6M +9.7% | $412.6M +37.6% | $299.8M +3.6% | $289.4M +16.4% | $248.7M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $452.6M +9.7% | $412.6M +37.6% | $299.8M +3.6% | $289.4M +16.4% | $248.7M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $7.5M -83.1% | $44.6M +27.8% | $34.9M +30.6% | $26.7M +27.7% | $20.9M | $374.2M | $1.2B | $631.8M |
| EBITDA | $275.8M -11.2% | $310.4M +29.1% | $240.4M -57.4% | $563.9M +59.0% | $354.6M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 10.4% -2.1pp | 12.5% +0.6pp | 11.9% -9.8pp | 21.6% +5.6pp | 16.1% | 5.6% | 46.3% | 42.0% |
| Operating Income | $251.8M +6.2% | $237.0M +35.3% | $175.2M -66.2% | $518.6M +55.8% | $332.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 9.5% -0.1pp | 9.5% +0.9pp | 8.7% -11.2pp | 19.9% +4.8pp | 15.1% | 16.6% | 24.1% | 22.0% |
| Interest Income | $24.0M -5.7% | $25.4M -22.6% | $32.9M +80.1% | $18.3M +2390.2% | $733.0K | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $7.5M -10.9% | $8.5M +83.6% | $4.6M +40.8% | $3.3M +1.0% | $3.2M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $18.8M +2.6% | $18.3M -1.6% | $18.6M +22.0% | $15.3M +716.8% | -$2.5M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $270.6M +6.0% | $255.4M +31.7% | $193.8M -63.7% | $533.9M +61.6% | $330.4M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 10.2% -0.1pp | 10.3% +0.7pp | 9.6% -10.9pp | 20.5% +5.5pp | 15.0% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $56.8M +5.6% | $53.7M +14.0% | $47.1M -64.3% | $132.1M +60.3% | $82.4M | $1.3B | -$1.6B | $745.2M |
| Net Income | $214.2M +8.0% | $198.4M +35.3% | $146.7M -63.5% | $401.8M +62.0% | $248.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 8.0% +0.1pp | 8.0% +0.7pp | 7.2% -8.2pp | 15.4% +4.2pp | 11.2% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $4 +6.1% | $3 +35.3% | $3 -63.8% | $7 +61.3% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $4 +6.7% | $3 +35.2% | $3 -63.9% | $7 +61.7% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $56.5M -1.8% | $57.6M +0.1% | $57.5M +0.9% | $57.0M +0.4% | $56.8M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $56.7M -2.4% | $58.1M +0.2% | $58.0M +1.0% | $57.4M +0.2% | $57.3M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Rush Enterprises, Inc.
NASDAQ:RUSHA
$5.40B

Meritage Homes Corporation
NYSE:MTH
$5.02B

Travel + Leisure Co.
NYSE:TNL
$4.83B

Cavco Industries, Inc.
NASDAQ:CVCO
$4.62B
Tri Pointe Homes, Inc.
TPH
$4.00B

M/I Homes, Inc.
NYSE:MHO
$3.80B

Dorman Products, Inc.
NASDAQ:DORM
$3.74B

PVH Corp.
NYSE:PVH
$3.58B

KB Home
NYSE:KBH
$3.42B

Green Brick Partners, Inc.
NYSE:GRBK
$3.19B
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does SKY generate?
Champion Homes, Inc. (SKY) reported $2.66B of revenue in fiscal 2025.
Is SKY profitable?
Champion Homes, Inc. (SKY) reported $214.20M of net income, with a net margin of 8.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.