SKYChampion Homes, Inc.
Mobile Homes
- Revenue
- $2.7B
- 7.3% YoY
- Operating margin
- 9.5%
- 1.0% YoY
- EBITDA
- $300M
- 7.4% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -2.5×
- −$761M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear147% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear66% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear17% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.6B | $2.0B | $2.5B | $2.7B | 7.3% |
| Operating income | $333M | $518M | $175M | $237M | $252M | 6.2% |
| Net income | $248M | $402M | $147M | $198M | $207M | 4.3% |
| Operating cash flow | $224M | $416M | $223M | $241M | $304M | 26% |
| Capex | $32M | $52M | $53M | $51M | $34M | 32% |
| Stock-based comp | $10M | $14M | $20M | $18M | $21M | 14% |
| Buybacks | — | $0 | $0 | $80M | $200M | 150% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 153 | 125 |
| FY2025 | — | — | 198 | 129 |
| FY2024 | — | — | 179 | 158 |
| FY2023 | — | — | 159 | 106 |
| FY2022 | — | — | 117 | 83 |