Tearsheet

Champion Homes (SKY)


Market Price (11/10/2025): $83.44 | Market Cap: $4.7 Bil
Sector: Consumer Discretionary | Industry: Homebuilding

Champion Homes (SKY)


Market Price (11/10/2025): $83.44
Market Cap: $4.7 Bil
Sector: Consumer Discretionary
Industry: Homebuilding

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%
  
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 12%
  
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%
  
3 Low stock price volatility
Vol 12M is 48%
  
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -11%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 12%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25%
3 Low stock price volatility
Vol 12M is 48%

Market Valuation & Key Metrics

SKY Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SKY Return-2%155%-35%44%19%-6%162%
Peers Return16%17%-30%24%-28%-31%-42%
S&P 500 Return16%27%-19%24%23%14%108%

Monthly Win Rates [3]
SKY Win Rate50%83%25%67%50%40% 
Peers Win Rate50%43%30%43%42%48% 
S&P 500 Win Rate58%75%42%67%75%70% 

Max Drawdowns [4]
SKY Max Drawdown-61%-3%-45%0%-12%-32% 
Peers Max Drawdown-38%-4%-37%-19%-35%-52% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: SSD, SONO, LEG, HELE, SPHL.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/7/2025 (YTD)

How Low Can It Go

Unique KeyEventSKYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-47.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven91.9%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven624 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-66.3%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven196.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven305 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-65.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven193.3%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven219 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-64.2%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven179.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven4358 days1480 days

Compare to SSD, SONO, LEG, HELE, SPHL


In The Past

Champion Homes's stock fell -47.9% during the 2022 Inflation Shock from a high on 12/8/2021. A -47.9% loss requires a 91.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Champion Homes (SKY)

Better Bets than Champion Homes (SKY)

Trade Ideas

Select past ideas related to SKY. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy10312025LRNStrideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.8%5.8%0.0%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE10312025DECKDeckers OutdoorDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.3%0.3%-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%10312025ATGEAdtalem Global EducationQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-3.2%-3.2%-5.9%
GNTX_10242025_Dip_Buyer_FCFYield10242025GNTXGentexDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.7%-0.7%-2.5%
LNW_10172025_Dip_Buyer_FCFYield10172025LNWLight & WonderDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.8%5.8%-6.2%
SKY_5312025_Dip_Buyer_ValueBuy05312025SKYChampion HomesDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
26.8%26.8%-7.8%
SKY_8312022_Dip_Buyer_FCFYield08312022SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
20.8%25.8%-17.5%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy10312025LRNStrideDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
5.8%5.8%0.0%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE10312025DECKDeckers OutdoorDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
0.3%0.3%-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%10312025ATGEAdtalem Global EducationQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
-3.2%-3.2%-5.9%
GNTX_10242025_Dip_Buyer_FCFYield10242025GNTXGentexDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-0.7%-0.7%-2.5%
LNW_10172025_Dip_Buyer_FCFYield10172025LNWLight & WonderDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.8%5.8%-6.2%
SKY_5312025_Dip_Buyer_ValueBuy05312025SKYChampion HomesDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
26.8%26.8%-7.8%
SKY_8312022_Dip_Buyer_FCFYield08312022SKYChampion HomesDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
20.8%25.8%-17.5%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Champion Homes

Financials

SKYSSDSONOLEGHELESPHLMedian
NameChampion.Simpson .Sonos Leggett .Helen Of.Springvi. 
Mkt Price82.94170.7616.298.7719.400.4617.84
Mkt Cap4.77.12.01.20.4-2.0
Rev LTM2,6252,3111,4114,1731,820-2,311
Op Inc LTM268447-70243161-243
FCF LTM2042395728050-204
FCF 3Y Avg20226357333199-202
CFO LTM2484199633991-248
CFO 3Y Avg251402107422250-251

Growth & Margins

SKYSSDSONOLEGHELESPHLMedian
NameChampion.Simpson .Sonos Leggett .Helen Of.Springvi. 
Rev Chg LTM12.1%4.3%-10.0%-6.1%-5.7%--5.7%
Rev Chg 3Y Avg1.0%3.9%-7.7%-7.6%-6.6%--6.6%
Rev Chg Q11.0%6.2%-13.2%-5.9%-8.9%--5.9%
QoQ Delta Rev Chg LTM2.6%1.6%-3.6%-1.5%-2.3%--1.5%
Op Mgn LTM10.2%19.3%-5.0%5.8%8.9%-8.9%
Op Mgn 3Y Avg10.8%20.4%-2.6%6.1%11.4%-10.8%
QoQ Delta Op Mgn LTM0.0%-0.3%-1.1%0.1%-1.0%--0.3%
CFO/Rev LTM9.4%18.1%6.8%8.1%5.0%-8.1%
CFO/Rev 3Y Avg11.0%18.0%7.1%9.3%12.8%-11.0%
FCF/Rev LTM7.8%10.3%4.0%6.7%2.8%-6.7%
FCF/Rev 3Y Avg8.8%11.8%3.9%7.4%10.1%-8.8%

Valuation

SKYSSDSONOLEGHELESPHLMedian
NameChampion.Simpson .Sonos Leggett .Helen Of.Springvi. 
Mkt Cap4.77.12.01.20.4-2.0
P/S1.83.11.40.30.2-1.4
P/EBIT15.815.9-25.13.2-0.7-3.2
P/E21.220.6-25.75.4-0.7-5.4
P/CFO18.916.920.43.64.9-16.9
Total Yield4.7%5.5%-3.9%20.7%-147.9%-4.7%
Dividend Yield0.0%0.7%0.0%2.2%0.0%-0.0%
FCF Yield 3Y Avg4.7%3.9%3.8%16.5%11.6%-4.7%
D/E0.00.10.01.42.1-0.1
Net D/E-0.10.0-0.11.02.0-0.0

Returns

SKYSSDSONOLEGHELESPHLMedian
NameChampion.Simpson .Sonos Leggett .Helen Of.Springvi. 
1M Rtn29.1%2.7%-1.3%2.5%-5.8%-31.1%0.6%
3M Rtn25.9%-5.7%43.8%2.5%-11.0%-10.5%-1.6%
6M Rtn-7.5%8.8%56.2%-5.9%-28.9%-15.8%-6.7%
12M Rtn-14.4%-9.1%17.7%-26.2%-69.0%-89.2%-20.3%
3Y Rtn50.3%88.2%-1.3%-71.9%-79.7%--1.3%
1M Excs Rtn-------
3M Excs Rtn17.4%-14.2%35.7%-4.5%-20.4%-16.9%-9.3%
6M Excs Rtn-10.9%5.4%52.8%-9.3%-32.3%-19.2%-10.1%
12M Excs Rtn-22.2%-18.1%5.4%-40.7%-83.0%-102.4%-31.5%
3Y Excs Rtn16.4%51.8%-52.8%-127.3%-136.8%--52.8%

Financials

Segment Financials

Assets by Segment

$ Mil20252024202320222021
U.S. Factory-built Housing1,239709696579491
Corporate/Other552729432252234
Canadian Factory-built Housing1321251078757
Total1,9231,5631,235918782


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity4,471,213
Short Interest: % Change Since 9302025-9.5%
Average Daily Volume783,119
Days-to-Cover Short Interest5.71
Basic Shares Quantity56,352,000
Short % of Basic Shares7.9%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/4/202510.1%  
8/5/20254.5%5.9%19.1%
5/27/2025-16.4%-24.6%-26.8%
2/4/202513.5%13.9%6.6%
10/28/2024-1.6%0.1%13.9%
8/6/202411.1%15.7%20.2%
5/21/2024-7.4%-10.8%-8.1%
2/5/202411.9%15.3%16.0%
...
SUMMARY STATS   
# Positive131414
# Negative988
Median Positive10.1%14.6%14.9%
Median Negative-10.6%-10.8%-8.6%
Max Positive18.9%21.5%28.2%
Max Negative-16.4%-24.6%-29.7%

SEC Filings

Expand for More

Report DateFiling DateFiling
93020251105202510-Q 9/27/2025
6302025806202510-Q 6/28/2025
3312025527202510-K 3/29/2025
12312024205202510-Q 12/28/2024
93020241029202410-Q 9/28/2024
6302024807202410-Q 6/29/2024
3312024529202410-K 3/30/2024
12312023206202410-Q 12/30/2023
93020231101202310-Q 9/30/2023
6302023802202310-Q 7/1/2023
3312023530202310-K 4/1/2023
12312022207202310-Q 12/31/2022
93020221102202210-Q 10/1/2022
6302022803202210-Q 7/2/2022
3312022524202210-K 4/2/2022
12312021203202210-Q 1/1/2022

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0KIMMELL JOSEPH A.EVP, Operations8122025Sell66.033,000198,0902,942,825Form
1Berman Michael B 3042025Sell101.811,000101,810722,749Form
2Burkhardt Timothy A.VP & Controller2122025Sell106.873,823408,5643,495,290Form
3KIMMELL JOSEPH A.EVP, Operations2122025Sell104.214,335451,7504,107,020Form