The Shyft Group Gross Profit 2011-2025 | SHYF

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:

Raw materials and supplies

Wages of production personnel

Depreciation of equipment

Transportation and warehousing costs (if directly related to production)

Importance for business:

Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales.
Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit.
Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry.
Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.

Reasons for a decline in gross profit:

Increase in raw material and supply costs
Rising production expenses
Price reductions due to competition
Decrease in sales volume
Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Annual Gross Profit The Shyft Group

2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
157 M	150 M	180 M	199 M	146 M	117 M	98.3 M	89.2 M	72.5 M	47.1 M	63.1 M	53.1 M	58.6 M	60.6 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
199 M	47.1 M	107 M

Quarterly Gross Profit The Shyft Group

2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
40.3 M	-	39.6 M	40.6 M	34.1 M	-	36.8 M	42.8 M	42.9 M	-	54.1 M	42.1 M	25.9 M	-	56.1 M	51.9 M	40 M	35.2 M	50.8 M	24 M	36.3 M	37.4 M	38 M	20.9 M	20.7 M	19.1 M	19.8 M	19.4 M	14.8 M	24.7 M	28.7 M	19.5 M	16.4 M	17.9 M	18 M	20.8 M	15.8 M	5.33 M	12.8 M	17.4 M	11.5 M	15.5 M	20.2 M	14.7 M	12.7 M	15 M	16.1 M	15.6 M	6.35 M	13.2 M	13 M	18.7 M	13.7 M	14.5 M	20.5 M	12.7 M	13 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
56.1 M	5.33 M	25.1 M

Gross Profit of other stocks in the Farm machinery industry

	Issuer	Gross Profit	Price	% 24h	Market Cap	Country
	Deere & Company DE	10.8 B	$ 487.41	0.54 %	$ 135 B	USA
	Caterpillar CAT	16.4 B	$ 589.04	-1.47 %	$ 287 B	USA
	CNH Industrial N.V. CNHI	5.22 B	-	1.37 %	$ 15.7 B	Britain
	Navistar International Corporation NAV	1.28 B	-	0.16 %	$ 4.44 B	USA
	Alamo Group ALG	412 M	$ 178.31	0.06 %	$ 2.13 B	USA
	Columbus McKinnon Corporation CMCO	326 M	$ 17.76	-0.62 %	$ 510 M	USA
	Art's-Way Manufacturing Co. ARTW	7.31 M	$ 2.25	-8.72 %	$ 11.4 M	USA
	Lindsay Corporation LNN	211 M	$ 116.89	-4.42 %	$ 1.27 B	USA
	Hyster-Yale Materials Handling HY	896 M	$ 33.4	-0.4 %	$ 583 M	USA
	Astec Industries ASTE	328 M	$ 46.43	-0.26 %	$ 1.06 B	USA
	AGCO Corporation AGCO	2.9 B	$ 108.49	-0.57 %	$ 8.09 B	USA
	Hydrofarm Holdings Group HYFM	32.1 M	$ 2.02	-2.88 %	$ 9.29 M	USA
	The Manitowoc Company MTW	375 M	$ 12.91	0.12 %	$ 455 M	USA
	Manitex International MNTX	62.4 M	-	-	$ 117 M	USA
	REV Group REVG	297 M	$ 59.3	1.51 %	$ 3.19 B	USA
	Gencor Industries GENC	29 M	-	1.55 %	$ 144 M	USA
	PACCAR Inc PCAR	4.02 B	$ 112.91	1.21 %	$ 59.3 B	USA
	Oshkosh Corporation OSK	1.97 B	$ 129.72	-2.08 %	$ 8.49 B	USA
$Terex Corporation$	Terex Corporation TEX	1.07 B	$ 52.26	1.46 %	$ 3.5 B	USA
	Titan International TWI	306 M	$ 8.23	-1.91 %	$ 514 M	USA
	Wabash National Corporation WNC	43 M	$ 9.86	0.92 %	$ 437 M	USA