Champion Homes, Inc. produces and sells factory-built housing in the United States and Canada. The company offers manufactured and modular homes, park models recreational vehicles and cabins, accessory dwelling units, commercial structures, and modular buildings for the single and multi-family markets. It builds homes under the Champion Homes, Genesis Homes, Skyline Homes, Regional Homes, Athens Park, Dutch Housing, Atlantic Homes, Excel Homes, Homes of Merit, New Era, J. Redman Homes, ScotBilt Homes, Shore Park, Silvercrest, and Titan Homes in the United States; and Moduline and SRI Homes brand names in western Canada. The company also provides construction services to install and set-up factory-built homes under the Champion Construction brand; operates a factory-direct manufactured home retail business under the Regional Homes, Titan Factory Direct, and Champion Homes Center brand names; and offers transportation services to manufactured housing and other industries. The company was formerly known as Skyline Champion Corporation and changed its name to Champion Homes, Inc. in August 2024. The company was founded in 2010 and is headquartered in Troy, Michigan.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.5B | $308M | $198M | $190M | 12.8% | 22.7% | 35.3% |
| 2024 | $2.0B | $240M | $147M | $170M | 10.3% | -22.3% | -63.5% |
| 2023 | $2.6B | $564M | $402M | $364M | 32.6% | 18.1% | 62.0% |
| 2022 | $2.2B | $355M | $248M | $193M | 30.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 2,207.23 | 2,606.56 | 2,024.82 | 2,483.45 |
| Cost Of Revenue | 1,618.11 | 1,787.88 | 1,539.03 | 1,819.42 |
| Gross Profit | 589.12 | 818.68 | 485.79 | 664.02 |
| Operating Expense | 256.22 | 300.40 | 310.59 | 426.99 |
| Operating Income | 332.90 | 518.28 | 175.20 | 237.03 |
| EBITDA | 354.61 | 563.90 | 240.38 | 307.75 |
| EBIT | 333.67 | 537.17 | 205.47 | 265.84 |
| Pretax Income | 330.43 | 533.90 | 200.86 | 257.37 |
| Tax Provision | 82.38 | 132.09 | 47.14 | 53.72 |
| Net Income | 248.04 | 401.80 | 146.70 | 198.41 |
| Net Income Common Stockholders | 248.04 | 401.80 | 146.70 | 198.41 |
| Total Expenses | 1,874.32 | 2,088.28 | 1,849.62 | 2,246.42 |
| Interest Expense | 3.24 | 3.28 | 4.61 | 8.47 |
| Interest Income | 0.73 | 18.25 | 32.87 | 25.44 |
| Selling General And Administration | 256.22 | 300.40 | 310.59 | 426.99 |
| Normalized EBITDA | 354.61 | 563.90 | 240.38 | 307.75 |
| Normalized Income | 248.04 | 401.80 | 146.70 | 198.41 |
| Market Cap | 4,580.38 | 4,580.38 | 4,580.38 | 4,580.38 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Champion Homes, Inc.this co. | SKY | $4.7B | 23.09β premium | 2.97 | 12.8% | 13.33 |
| Boot Barn Holdings, Inc. | BOOT | $5.1B | 28.36 | 4.54 | 16.0% | 18.50 |
| Atmus Filtration Technologies Inc. | ATMU | $5.1B | 24.51 | 13.43 | 54.8% | 16.56 |
| Frontdoor, Inc. | FTDR | $4.5B | 16.91 | 17.82 | 105.4% | 9.76 |
| Reynolds Consumer Products Inc. | REYN |
| $4.4B |
| 14.74 |
| 1.97 |
| 13.4% |
| 9.48 |
| Cavco Industries, Inc. | CVCO | $4.4B | 24.49 | 3.93 | 16.1% | 16.73 |
| Victoria's Secret & Co. | VSCO | $4.2B | 26.38 | 4.96 | 18.8% | 12.74 |
| Group 1 Automotive, Inc. | GPI | $4.2B | 12.46 | 1.45 | 11.7% | 11.56 |
| Tri Pointe Homes, Inc. | TPH | $4.1B | 16.56 | 1.20 | 7.3% | 12.93 |
| Peer Median | - | 20.70 | 4.24 | 16.0% | 12.84 | |