SKY
Champion Homes, Inc.
Next earnings Aug 3, 2026 · consensus $0.88 EPS, $709M rev
Last earnings +1.1% on 2026-05-26
$85.25
▼ -2.49%$85.25▲ +36.23%
over 1Y
L $60.90H $97.46
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today-2.5%
1W-2.0%
1M+17.1%
3M+15.3%
YTD+0.4%
1Y+36.2%
Buy
Conviction
Horizon
Long (>12mo)
Street · 10 analysts
Buy
Debt-free manufactured-housing leader growing into the affordability tailwind, with a fortress balance sheet and aggressive buybacks.
Revenue $2.66B · FY2026
The read
The fundamentals carry the rating, but the price is rich (~26% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Champion Homes is a leading manufactured-housing builder positioned squarely in the most affordable segment of US housing — a structural tailwind given persistent shortages of attainable homes. FY2026 was a solid growth year: revenue rose 7.3% to $2.66B, net income grew 4.3% to $207M (EPS $3.66, +7.0%), with a 26.4% gross margin and 13.2% ROE. The recovery from the FY2024 trough ($2.02B revenue, $147M net income) shows volumes rebuilding as the housing market normalizes.
The standout feature is the balance sheet: Champion is essentially debt-free, carrying only $14.4M of long-term debt (down 42%) and $9.34M current, against $1.57B equity and $638M cash — a 0.01x liabilities/equity profile that is exceptionally rare for a cyclical manufacturer. That fortress balance sheet lets the company invest and return capital through the cycle without stress. Operating cash flow grew 26.2% to $304M on light capex ($34M), and management repurchased $200M of stock (+150%), cutting shares 4.2%.
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 5:01 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $2.21B | $2.61B | $2.02B | $2.48B | $2.66B |
| Gross profit | $589M | $819M | $486M | $664M | $704M |
| Operating income | $333M | $518M | $175M | $237M | $252M |
| Net income | $248M | $402M | $147M | $198M | $207M |
| Diluted EPS | $4.33 | $7.00 | $2.53 | $3.42 | $3.66 |
| Net margin | 11.2% | 15.4% | 7.2% | 8.0% | 7.8% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$4.07B
EV / EBITDA13.6
EV / Sales1.5
EV / FCF15.1
P / FCF17.3
PEG (trailing)5.45
Earnings yield4.4%
FCF yield5.8%
Quality & risk
ROIC (est.)12.5%
Free cash flow$270M
Total debt$23.8M
Net cash$614M
Altman Z-Score207.31 safe
Piotroski F-Score8/9
Capital returns
Buyback yield4.3%
Dividend yield (est.)0.0%
Shareholder yield4.3%
Shares Δ YoY-4.2%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsSome governance/structural items recently, but no outright red flags.
Recent filings
all on EDGAR ↗ARSPeriod ending 2026-03-282026-06-18open ↗DEFA14AFiling2026-06-18open ↗DEF 14APeriod ending 2026-07-302026-06-18open ↗4Period ending 2026-06-122026-06-15open ↗3Period ending 2026-06-022026-06-12open ↗144Filing2026-06-12open ↗144Filing2026-06-12open ↗4Period ending 2026-06-092026-06-11open ↗144Filing2026-06-11open ↗4Period ending 2026-06-052026-06-09open ↗144Filing2026-06-09open ↗144Filing2026-06-05open ↗
Frequently asked
- Is Champion Homes, Inc. (SKY) a buy?
- SKY currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Debt-free manufactured-housing leader growing into the affordability tailwind, with a fortress balance sheet and aggressive buybacks.
- What is SKY's fair value?
- A Modified-Graham model based on SKY's SEC fundamentals estimates a fair value of about $62.77. It is an estimate from reported earnings, not a price target.
- Is SKY overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, SKY currently appears overvalued relative to its SEC-grounded earnings power.
- What is Champion Homes, Inc.'s quality score?
- SKY scores 71.45261852391155/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0000090896, latest 10-K filed 2026-05-26) · EODHD · Proprietary analysis · as of 6/21/2026, 9:01:37 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.