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Champion Homes
(NYSE:SKY)
Champion Homes (SKY) vs. SPDR S&P 500 ETF (SPY)
Champion Homes Business Overview & Revenue Model
Champion Homes Earnings Call Summary
Champion Homes Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.56B | 2.48B | 2.02B | 2.61B | 2.21B | 1.42B |
| Gross Profit | 689.64M | 664.02M | 485.79M | 818.68M | 589.12M | 287.69M |
| EBITDA | 330.29M | 307.75M | 210.12M | 545.01M | 353.84M | 126.46M |
| Net Income | 217.89M | 198.41M | 146.70M | 401.80M | 248.04M | 84.90M |
Balance Sheet | ||||||
| Total Assets | 2.15B | 2.11B | 1.92B | 1.56B | 1.23B | 917.90M |
| Cash, Cash Equivalents and Short-Term Investments | 605.33M | 610.34M | 495.06M | 747.45M | 435.41M | 262.58M |
| Total Debt | 127.79M | 130.86M | 154.70M | 12.43M | 47.89M | 65.06M |
| Total Liabilities | 578.77M | 565.97M | 500.97M | 329.72M | 409.51M | 349.29M |
| Stockholders Equity | 1.57B | 1.54B | 1.42B | 1.23B | 825.11M | 568.61M |
Cash Flow | ||||||
| Free Cash Flow | 182.82M | 190.32M | 169.79M | 363.98M | 192.50M | 145.88M |
| Operating Cash Flow | 231.54M | 240.86M | 222.70M | 416.23M | 224.48M | 153.90M |
| Investing Cash Flow | -70.94M | -46.16M | -485.68M | -61.18M | -31.97M | -56.81M |
| Financing Cash Flow | -104.30M | -73.04M | 10.86M | -37.02M | -19.94M | -47.81M |
Champion Homes Technical Analysis
Champion Homes Risk Analysis
Champion Homes Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $4.12B | 22.57 | 17.90% | ― | 16.66% | 34.61% | |
80 Outperform | $3.84B | 7.98 | 17.56% | ― | 7.39% | -1.37% | |
76 Outperform | $5.49B | 8.93 | 12.58% | 2.07% | -3.72% | -23.00% | |
76 Outperform | $6.66B | 7.78 | 15.59% | ― | 13.77% | 28.57% | |
74 Outperform | $4.21B | 19.83 | 14.39% | ― | 16.87% | 54.47% | |
73 Outperform | $4.30B | 8.44 | 14.07% | 1.58% | 3.65% | -0.61% | |
61 Neutral | $17.75B | 12.51 | -5.49% | 3.06% | 1.43% | -14.10% |
Champion Homes Corporate Events
On August 14, 2025, Champion Homes, Inc.’s Compensation Committee approved special equity awards in the form of restricted stock units to senior management to ensure business continuity in a challenging market. The awards, ranging from $1,000,000 to $1,750,000, aim to retain key executives by vesting over three years, reflecting the company’s strategy to maintain stability and leadership in the housing industry.
Champion Homes announced its first quarter fiscal 2026 results, highlighting an 11.7% increase in net sales to $701.3 million and a 6.5% rise in U.S. homes sold. The company also reported a 41.3% increase in net income to $64.7 million, driven by higher sales and gross profit. The average selling price per U.S. home rose by 3.6% to $95,000, and the gross profit margin expanded by 90 basis points to 27.1%. Champion Homes completed the acquisition of Iseman Homes and repurchased $50 million in shares. The Board of Directors approved an additional $50 million increase to the share repurchase program on July 24, 2025, and the company amended its credit facility to extend through 2030, enhancing capacity for strategic priorities.
On July 28, 2025, Champion Homes, Inc. and Champion Home Builders, Inc. entered into a Second Amended and Restated Credit Agreement with Wells Fargo Bank and other lenders, establishing a $200 million revolving credit facility. This agreement replaces the previous credit agreement and extends the maturity date to July 2030. The facility, which includes a $45 million letter of credit sub-facility, allows for varying interest rates based on the company’s consolidated total net leverage ratio and includes provisions for optional and mandatory prepayments. The credit facility is secured by a first priority security interest in most of the company’s assets and is guaranteed by the company and its subsidiaries. This financial move is expected to provide Champion Homes with enhanced financial flexibility for working capital, capital expenditures, and other corporate purposes, potentially impacting its market positioning and operational capabilities.
At the 2025 Annual Meeting of Shareholders held on July 24, 2025, Champion Homes, Inc. shareholders elected directors, ratified Ernst & Young LLP as the independent auditor for the fiscal year ending March 28, 2026, and approved executive compensation. These decisions reflect shareholder confidence in the company’s leadership and strategic direction, potentially strengthening its market position and operational stability.
On May 30, 2025, Champion Homes announced a $50 million increase to its existing share repurchase program, raising the total capacity to $150 million. This move reflects the company’s confidence in its strategy and commitment to long-term shareholder value through careful capital allocation. The repurchases may occur via various methods, depending on factors such as stock price and market conditions. The program’s expansion underscores Champion Homes’ robust cash generation and strategic focus on enhancing shareholder returns.
Champion Homes announced its financial results for the fourth quarter and full fiscal year 2025, showing significant growth in net sales and net income. For the fourth quarter, net sales increased by 10.7% to $593.9 million, driven by higher U.S. home sales and an increase in average selling prices. The company’s gross profit margin expanded significantly due to the absence of previous product liability costs. For the full fiscal year, net sales rose by 22.7% to $2.5 billion, with net income increasing by $51.7 million to $198.4 million. The company also announced an increase in its share repurchase program by an additional $20 million, reflecting strong operational performance and strategic investments in new products and services.