Company Quick10K Filing
Skyline Champion
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 57 $1,486
10-Q 2020-01-29 Quarter: 2019-12-28
10-Q 2019-10-31 Quarter: 2019-09-28
10-Q 2019-08-01 Quarter: 2019-06-29
10-K 2019-05-23 Annual: 2019-03-30
10-Q 2019-02-06 Quarter: 2018-12-29
10-Q 2018-11-08 Quarter: 2018-09-29
10-Q 2018-08-09 Quarter: 2018-06-30
10-Q 2018-04-12 Quarter: 2018-03-04
10-Q 2018-01-11 Quarter: 2017-12-03
10-Q 2017-10-06 Quarter: 2017-09-03
10-K 2017-08-11 Annual: 2017-05-31
10-Q 2017-04-14 Quarter: 2017-02-28
10-Q 2017-01-12 Quarter: 2016-11-30
10-Q 2016-10-13 Quarter: 2016-08-31
10-K 2016-08-05 Annual: 2016-05-31
10-Q 2016-04-14 Quarter: 2016-02-29
10-Q 2016-01-14 Quarter: 2015-11-30
10-Q 2015-10-15 Quarter: 2015-08-31
10-K 2015-08-26 Annual: 2015-05-31
10-Q 2015-04-03 Quarter: 2015-02-28
10-Q 2015-01-14 Quarter: 2014-11-30
10-Q 2014-10-15 Quarter: 2014-08-31
10-K 2014-08-22 Annual: 2014-05-31
10-Q 2014-04-04 Quarter: 2014-02-28
10-Q 2014-01-10 Quarter: 2013-11-30
10-Q 2013-10-11 Quarter: 2013-08-31
10-Q 2013-04-05 Quarter: 2013-02-28
10-Q 2013-01-11 Quarter: 2012-11-30
10-Q 2012-10-05 Quarter: 2012-08-31
10-K 2012-07-27 Annual: 2012-05-31
10-Q 2012-04-06 Quarter: 2012-02-29
10-Q 2012-01-06 Quarter: 2011-11-30
10-Q 2011-10-07 Quarter: 2011-08-31
10-K 2011-07-29 Annual: 2011-05-31
10-Q 2011-04-08 Quarter: 2011-02-28
10-Q 2011-01-07 Quarter: 2010-11-30
10-Q 2010-10-08 Quarter: 2010-08-31
10-K 2010-08-06 Annual: 2010-05-31
10-Q 2010-04-02 Quarter: 2010-02-28
10-Q 2010-01-08 Quarter: 2009-11-30
8-K 2020-03-23 Regulation FD, Exhibits
8-K 2020-01-28 Earnings, Exhibits
8-K 2019-10-30 Earnings, Exhibits
8-K 2019-09-16 Exhibits
8-K 2019-09-05 Exhibits
8-K 2019-07-31 Earnings, Exhibits
8-K 2019-07-30 Shareholder Vote
8-K 2019-05-21 Earnings, Exhibits
8-K 2019-05-01 Officers, Exhibits
8-K 2019-03-05 Officers
8-K 2019-02-27 Enter Agreement, Other Events, Exhibits
8-K 2019-02-05 Earnings, Exhibits
8-K 2018-11-27 Enter Agreement, Other Events, Exhibits
8-K 2018-11-15 Officers, Exhibits
8-K 2018-11-05 Earnings, Exhibits
8-K 2018-09-26 Officers, Shareholder Vote, Exhibits
8-K 2018-09-20 Enter Agreement, Other Events, Exhibits
8-K 2018-08-23 Officers
8-K 2018-08-08 Earnings, Exhibits
8-K 2018-08-02 Enter Agreement, Other Events, Exhibits
8-K 2018-07-30 Other Events, Exhibits
8-K 2018-07-13 Other Events, Exhibits
8-K 2018-06-25 Regulation FD, Exhibits
8-K 2018-05-31 Enter Agreement, M&A, Off-BS Arrangement, Sale of Shares, Shareholder Rights, Accountant, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-05-31 Enter Agreement, M&A, Off-BS Arrangement, Sale of Shares, Shareholder Rights, Accountant, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-05-25 Leave Agreement, Amend Bylaw, Shareholder Vote, Other Events, Exhibits
8-K 2018-05-17 Exhibits
8-K 2018-05-15 Other Events, Exhibits
8-K 2018-05-08
8-K 2018-04-12 Earnings, Exhibits
8-K 2018-01-25 Other Events, Exhibits
8-K 2018-01-25 Other Events, Exhibits
8-K 2018-01-23 Other Events, Exhibits
8-K 2018-01-11 Earnings, Exhibits
8-K 2018-01-04 Enter Agreement, Sale of Shares, Control, Officers, Amend Bylaw, Other Events, Exhibits

Skyline Champion Financials

SKY Metrics, Comps, Filings

Annual | Quarterly

Business

On June 1, 2018, Skyline Champion Corporation (formerly known as Skyline Corporation), an Indiana corporation, and Champion Enterprises Holdings, LLC ("Champion Holdings") combined their operations pursuant to the Share Contribution & Exchange Agreement (the "Exchange Agreement"), dated as of January 5, 2018, by and between Skyline Corporation and Champion Holdings. Pursuant to the Exchange Agreement, Champion Holdings contributed to Skyline Corporation all of the issued and outstanding shares of capital stock of Champion Holdings' wholly owned operating subsidiaries, Champion Home Builders, Inc. ("CHB"), and CHB International B.V. ("CIBV") (the shares of stock of CHB and CIBV contributed to Skyline Corporation, the "Contributed Shares"), and in exchange for the Contributed Shares, Skyline Corporation issued to the members of Champion Holdings, in the aggregate, 47,752,008 shares of Skyline Corporation common stock, $0.0277 par value per share (such issuance, the "Shares Issuance"). The contribution of the Contributed Shares by Champion Holdings to the Corporation, and the Shares Issuance by Skyline Corporation to the members of Champion Holdings are collectively referred to herein as the "Exchange."

The Exchange was treated as a purchase of the Company by Champion Holdings for accounting and financial reporting purposes. As a result, the financial results for all periods presented prior to the Exchange are comprised solely of the results of Champion Holdings.

We are the largest independent publicly traded factory-built housing company in North America with pro forma net sales in fiscal year 2019 of $1.4 billion. We have more than 65 years of homebuilding experience, approximately 7,000 employees and 36 manufacturing facilities located in 17 states across the United States and three provinces in western Canada at March 30, 2019. We offer a leading portfolio of manufactured and modular homes, park model RVs and modular buildings for the multi-family, hospitality, senior and workforce housing sectors. Our facilities are strategically located to serve strong markets in the United States and western Canada. We operate 12 manufacturing facilities in the top 10 states for total number of manufactured home shipments in 2018 as well as 15 manufacturing facilities in the top 10 fastest growing states for manufactured home shipments over the last ten years. We believe that we maintain the following leading positions in the factory-built housing industry in the United States and western Canada based on units produced in 2018:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
KB Home (KBH) 2,374 6% 6.9 5% 4,920 2,725 4,407 246 262 319 2,195
Taylor Morrison Home (TMHC) 2,134 18% 11.4 5% 5,178 2,775 4,685 822 237 353 4,028
MDC Holdings (MDC) 2,040 0% 8.9 7% 3,086 1,425 882 0 203 288 2,569
Meritage Homes (MTH) 2,023 5.4 6% 3,467 1,669 0 0 206 298 1,615
LGI Homes (LGIH) 1,815 24% 8.3 10% 1,486 761 1,555 379 145 215 1,777
Installed Building Products (IBP) 1,657 28% 14.9 7% 916 710 1,416 393 60 136 2,018
Tri Pointe Group (TPH) 1,610 8% 5.1 5% 3,878 1,791 3,101 235 191 283 1,438
Skyline Champion (SKY) 1,486 19% -683.3 -6% 722 290 1,410 266 -40 -2 1,392
Cavco Industries (CVCO) 1,440 22% 12.5 9% 756 206 980 215 70 98 1,227
Winnebago Industries (WGO) 1,177 15% 7.6 10% 1,083 480 1,991 308 110 189 1,439
St Joe (JOE) 982 0% 20.3 2% 906 364 92 0 18 43 865
MI Homes (MHO) 795 5% 4.7 5% 2,089 1,185 2,395 130 110 166 775
Century Communities (CCS) 772 0% 6.5 3% 2,410 1,513 2,367 0 76 113 737
William Lyon Homes (WLH) 759 6% 9.4 4% 2,946 1,920 2,116 123 105 226 2,135
Xinyuan Real Estate (XIN) 492 0% 8,034 7,288 0 0 0 0 -694
Beazer Homes (BZH) 437 13% -28.0 -1% 2,120 1,586 1,306 176 -21 -13 353
Green Brick Partners (GRBK) 418 21% 4.8 7% 833 322 687 143 57 79 380
Legacy Housing (LEGH) 304 41% 14.0 6% 252 43 84 34 16 21 302
Select Interior Concepts (SIC) 267 28% 8.9 0% 429 277 556 154 0 47 421
Stratus Properties (STRS) 221 18% 89.7 -0% 543 402 90 16 -0 2 188

Balance Sheet ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312019-03-31
Cash121265811127
Accounts Receivable11132115151358
Inventory891191112123
PP&E216316121211109
Assets796866505556700
Accounts Payable34534443
Long-Term Debt54
Liabilities232214273030288
Stockholders' Equity564634232525412
Income Statement ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312019-03-31
Revenue1831782020222371,360
Cost of Revenue1781661811701882151,115
Gross Profit51110172322245
R&D
SG&A272423212123270
Tax00000017
Net Income-19-11-12-1020-58
Cash Flow ($MM)2012-05-312013-05-312014-05-312015-05-312016-05-312017-05-312019-03-31
Cash Operating-19-14-18-44365
Cash Investing221456-11-2
Cash Financing-26-2-73