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What Champion Homes Does & How It Makes Money (SKY)

Updated October 2026 · reflects Champion Homes's latest reported financials

North American builder of factory-built manufactured and modular homes. It makes money mainly by manufacturing and selling factory-built homes and modular structures to dealers, builders, and consumers.

Champion Homes's story, moat and numbers — in a 3-minute visual book.

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How Champion Homes makes money

It makes money mainly by manufacturing and selling factory-built homes and modular structures to dealers, builders, and consumers. It also earns revenue from its factory-direct retail stores, installation and set-up construction services, and transportation services.

What Champion Homes does

Champion Homes, Inc. (formerly Skyline Champion Corporation, renamed in August 2024) is a factory-built housing producer headquartered in Troy, Michigan. It makes manufactured and modular homes, park model RVs, cabins, accessory dwelling units, commercial structures, and modular buildings for single- and multi-family markets. It sells them under a large portfolio of brands, including Champion Homes, Skyline Homes, Genesis Homes, Titan Homes, and ScotBilt Homes in the U.S., and Moduline and SRI Homes in western Canada. Beyond manufacturing, the company owns parts of the value chain around the home. It runs factory-direct retail under the Regional Homes, Titan Factory Direct, and Champion Homes Center names, provides installation and set-up through Champion Construction, and offers transportation services to the manufactured housing industry and other industries. Because the business centers on residential construction, it is tied to housing demand and consumer spending.

Products & services

What is Champion Homes worth?

On an owner-earnings DCF, Champion Homes's most-likely value is about $77 versus a recent price near $80 (3% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$39) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.

Verdict: Fairly priced — no edge
Owner-earnings fair value · recent price ≈ $80
Fair value (most likely)
$77
Range
$54–$131
No-growth floor
$39
Price
~$80

Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.

Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →

Sector Consumer Cyclical Industry Residential Construction HQ United States Ticker SKY Official site

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