SHYF
Industrials

The Shyft Group, Inc.

SHYF
Since

Headquarters:

MI, United States

Exchange:

NASDAQ

Industry:

Farm & Heavy Construction Machinery

Number of Employees:

3.00K

Current Fiscal Year:

2024

Market Cap:

291.82M

Price per Share:

$8.46

Quarterly Dividend per Share:

$0.05
Year-to-date Performance:
-23.9209%
Dividend Yield:
2.38%
Price-to-book Ratio:
1.15
Trailing P/E Ratio:
N/A

Price History

Latest Prices

DateOpenHighLowClose
2025-04-308.348.518.038.46
2025-04-298.488.748.3478.57
2025-04-288.598.7568.288.48
2025-04-258.989.04218.358.6
2025-04-249.019.338.0859.21

The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

Financial Performance

2024 Revenue:787.08M

Detailed view of quarterly revenue

2024 Net Income:-3.80M

Detailed view of quarterly net income

2024 Free Cash Flow:12.57M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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