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Apr 03, 2021

Skyline Champion Q4 2021 Earnings Report

Skyline Champion's Q4 2021 results were announced, featuring significant growth in net sales, home sales, backlog, and net income.

Key Takeaways

Skyline Champion Corporation reported a strong fourth quarter in fiscal year 2021, marked by substantial increases in net sales, U.S. home sales, average selling price, and net income. The company also completed the acquisition of ScotBilt Homes, contributing to its growth and expanded footprint.

Net sales increased by 48.6% to $447.6 million.

U.S. factory-built homes sold increased by 28.7% to 5,923.

Net income increased by 465.0% to $33.9 million.

Total backlog increased 573.7% to $858.6 million.

Total Revenue
$448M
Previous year: $301M
+48.6%
EPS
$0.61
Previous year: $0.14
+335.7%
U.S. homes sold
5.92K
Previous year: 4.6K
+28.8%
U.S. avg. home price
$67.2K
Previous year: $60.2K
+11.6%
Canadian homes sold
419
Previous year: 130
+222.3%
Gross Profit
$99.1M
Previous year: $60M
+65.2%
Cash and Equivalents
$263M
Previous year: $209M
+25.4%
Free Cash Flow
$46.3M
Previous year: $387K
+11863.8%
Total Assets
$918M
Previous year: $782M
+17.4%

Skyline Champion

Skyline Champion

Skyline Champion Revenue by Geographic Location

Forward Guidance

Skyline Champion is in an amazing position to capitalize on the demand for affordable housing solutions.

Revenue & Expenses

Visualization of income flow from segment revenue to net income