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Champion Homes, Inc.

SKY

Champion Homes, Inc. • NYSE
$85.84 ▼ -0.30% (-0.26)
Market Cap $4.79 B
52w High $116.49
52w Low $59.44
Dividend Yield 0%
P/E 22.35
Volume 183.88K
Outstanding Shares 55.86M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $684.429M ▼ $111.187M ▲ $58.199M ▼ 8.503% ▼ $1.03 ▲ $92.285M ▼
Q1-2025 $701.318M ▲ $107.695M ▲ $64.687M ▲ 9.224% ▲ $0.63 ▼ $97.674M ▲
Q4-2024 $593.867M ▼ $106.405M ▲ $36.348M ▼ 6.121% ▼ $1.07 ▲ $60.327M ▼
Q3-2024 $644.925M ▲ $105.314M ▲ $61.537M ▲ 9.542% ▲ $0.95 ▲ $91.756M ▲
Q2-2024 $616.877M $96.655M $54.734M 8.873% $0.79 $83.014M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $618.74M ▲ $2.121B ▼ $539.545M ▼ $1.581B ▲
Q1-2025 $605.327M ▼ $2.149B ▲ $578.774M ▲ $1.57B ▲
Q4-2024 $610.338M ▲ $2.11B ▲ $565.97M ▲ $1.544B ▲
Q3-2024 $581.753M ▲ $2.037B ▲ $509.17M ▼ $1.528B ▲
Q2-2024 $570.231M $2.028B $535.416M $1.492B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $58.199M ▼ $74.862M ▼ $-3.931M ▲ $-55.009M ▼ $13.413M ▲ $65.946M ▼
Q1-2025 $65.993M ▲ $75.302M ▲ $-33.864M ▼ $-51.864M ▼ $-5.011M ▼ $66.401M ▲
Q4-2024 $37.701M ▼ $46.005M ▼ $-11.143M ▲ $-7.184M ▲ $28.585M ▲ $33.444M ▼
Q3-2024 $62.827M ▲ $50.41M ▼ $-12.459M ▲ $-18.534M ▲ $11.522M ▼ $37.266M ▼
Q2-2024 $55.318M $59.826M $-13.471M $-26.716M $21.298M $45.711M

Revenue by Products

Product Q3-2024Q4-2024Q1-2025Q2-2025
Manufacturing
Manufacturing
 $410.00M ▲$380.00M ▼$460.00M ▲$420.00M ▼
Retail
Retail
 $220.00M ▲$210.00M ▼$240.00M ▲$260.00M ▲
Transportation and Other
Transportation and Other
 $10.00M ▲$0 ▼$10.00M ▲$10.00M ▲
Transportation
Transportation
 $0 ▲$20.00M ▲$0 ▼$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Champion Homes has grown meaningfully over the past five years, even though results have bounced around with the housing cycle. Sales are higher today than before the pandemic, and profits have stayed solid, though not as unusually high as in the boom year of 2022. The company appears to convert a good share of its sales into profit, showing healthy margins for a manufacturer. Earnings per share have climbed strongly over the longer stretch, which hints at both business growth and sensible cost control. The main watchpoint is that this is still a cyclical business: demand can soften when interest rates are high or consumer confidence drops, which can make year‑to‑year results uneven.

Balance Sheet

Balance Sheet The balance sheet looks conservative and strengthened over time. Total assets have steadily expanded, suggesting continued investment in the business and a larger operating footprint. Cash levels are robust relative to the size of the company, providing a cushion for downturns and flexibility for future investments. Debt is quite modest compared with both cash and overall assets, which reduces financial risk and interest burden. Shareholders’ equity has grown meaningfully, showing that retained profits are being built up rather than paid out or offset by heavy borrowing. Overall, the company appears to be in a solid financial position with low leverage.

Cash Flow

Cash Flow Champion Homes consistently generates positive cash flow from its day‑to‑day operations, which is a key sign of underlying business health. Free cash flow has also been positive in each of the past several years, even after funding regular investments in property, plants, and equipment. Capital spending has been steady but not aggressive, suggesting a disciplined approach: enough to maintain and gradually expand capacity, but not so high that it strains cash. This pattern gives the company room to handle economic swings, invest in new initiatives, or strengthen the balance sheet further. The main consideration is that, as a cyclical company, operating cash flow will naturally track housing demand over time.

Competitive Edge

Competitive Edge Champion Homes holds a strong position in the factory‑built housing market across North America. Its large network of factories and vertically integrated model—from manufacturing through retail, transport, and some financing—creates cost and efficiency advantages that smaller rivals may struggle to match. The company’s focus on affordable housing taps into a deep and ongoing shortage, which supports underlying demand even when the broader housing market is choppy. Its brands have built notable trust, with consistent recognition for reliability in manufactured homes. On the risk side, the business still faces the usual pressures of residential construction: sensitivity to interest rates, consumer confidence, and regulation, plus competition from both other factory‑built providers and traditional site builders. But scale, brand strength, and integration give it a meaningful edge.

Innovation and R&D

Innovation and R&D Innovation is a clear pillar of Champion’s strategy. The company is leaning into energy‑efficient and sustainable homes, with factories and designs that aim to lower utility costs and environmental impact. It is also adding smart‑home features and digital tools—such as virtual tours and online customization—to make the buying process more modern and convenient. Product innovation stands out: offerings range from manufactured and modular homes to CrossMod hybrids, duplex series for denser, more affordable communities, and updated designs that fit current tastes. Behind the scenes, Champion is using digital design and manufacturing software to improve efficiency and quality. Looking ahead, expansion into net‑zero‑ready homes, deeper digitalization of production, and more partnerships with developers and communities could provide additional growth avenues, though these initiatives will require continued investment and careful execution.

Summary

Champion Homes combines a solid financial footing with a favorable strategic position in the affordable housing niche. Over several years, it has grown revenue and profits while keeping debt low and building up cash and equity, which reduces financial risk and gives management room to navigate the housing cycle. Cash generation has been consistently positive, supporting ongoing investment without overreliance on borrowing. Competitively, its scale, vertical integration, and brand recognition create meaningful advantages in a fragmented industry, particularly in addressing the structural need for lower‑cost housing. At the same time, results remain exposed to broader economic conditions, interest rates, and housing policy, which can cause performance swings from year to year. The company’s emphasis on sustainability, smart homes, and digitally enabled, factory‑built construction suggests a forward‑looking approach that could help it capture future demand, provided it continues to execute well and manage the inherent cyclicality of its sector.

NEWS

November 4, 2025 · 4:15 PM UTC

Champion Homes Announces Second Quarter Fiscal 2026 Results

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October 14, 2025 · 4:45 PM UTC

Champion Homes Announces Second Quarter Fiscal Year 2026 Earnings Release Date and Conference Call

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September 18, 2025 · 4:15 PM UTC

Champion® Homes to Donate Value of a New Modular Home to Greater Cleveland Habitat for Humanity in Ongoing Collaboration on Affordable Housing

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