Sector: Consumer Cyclicals | Industry: Homebuilding |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 755 W Big Beaver Rd Ste 1000 TROY MI 48084-4908 |
Tel: | 1-248-6148211 |
Website: | https://ir.skylinechampion.com/overview/default.aspx |
IR: | See website |
Key People | ||
Mark J. Yost President, Chief Executive Officer, Director | Laurie Hough Chief Financial Officer, Executive Vice President, Treasurer | Wade Lyall Executive Vice President - Sales and Business Development |
Joseph A. Kimmell Executive Vice President - Operations | Robert M. Spence Senior Vice President, General Counsel, Secretary | Timothy Burkhardt Vice President, Controller | Timothy M. Larson Chief Growth Officer |
Business Overview |
Skyline Champion Corporation is a producer of factory-built housing in North America. The Company's segments include U.S. Factory-built Housing and Canadian Factory-built Housing. The U.S. Factory-built Housing segment includes manufacturing and retail housing operations. It offers a portfolio of manufactured and modular homes, park model RVs, accessory dwelling units and modular buildings for the multi-family and hospitality sectors. It builds homes under various brand names in the factory-built housing industry, including Skyline Homes, Champion Home Builders, Genesis Homes, Athens Park Models, Dutch Housing, Atlantic Homes, 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 operates a factory-direct manufactured home retail business, marketed under the Titan Factory Direct and Champion Homes Center brands, with over 31 sales centers spanning the United States. |
Financial Overview |
For the nine months ended 30 December 2023, Skyline Champion Corp revenues decreased 30% to $1.49B. Net income decreased 58% to $143.9M. Revenues reflect U.S. Factory-built Housing segment decrease of 30% to $1.38B, Canadian Factory-built Housing segment decrease of 25% to $86.2M, Corporate/Other segment decrease of 43% to $24.2M. Net income also reflects U.S. Factory-built Housing segment income decrease of 56% to $210.8M. |
Employees: | 7,700 as of Apr 1, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,844M as of Dec 30, 2023 |
Annual revenue (TTM): | $1,980M as of Dec 30, 2023 |
EBITDA (TTM): | $269.69M as of Dec 30, 2023 |
Net annual income (TTM): | $201.65M as of Dec 30, 2023 |
Free cash flow (TTM): | $215.75M as of Dec 30, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 57,753,517 as of Jan 30, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |