Shyft Group (SHYF) Revenue & Revenue Breakdown
Shyft Group Revenue Highlights
Latest Revenue (Y)
$872.20M
Latest Revenue (Q)
$192.78M
Main Segment (Y)
Fleet Vehicles and Services
Main Geography (Y)
Fleet Vehicles and Services
Shyft Group Revenue by Period
Shyft Group Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $872.20M | -15.09% |
| 2022-12-31 | $1.03B | 3.57% |
| 2021-12-31 | $991.79M | 46.72% |
| 2020-12-31 | $675.97M | -10.65% |
| 2019-12-31 | $756.54M | -7.31% |
| 2018-12-31 | $816.16M | 15.42% |
| 2017-12-31 | $707.10M | 19.69% |
| 2016-12-31 | $590.78M | 7.33% |
| 2015-12-31 | $550.41M | 8.61% |
| 2014-12-31 | $506.76M | 7.93% |
| 2013-12-31 | $469.54M | -0.22% |
| 2012-12-31 | $470.58M | 10.46% |
| 2011-12-31 | $426.01M | -11.38% |
| 2010-12-31 | $480.74M | 11.82% |
| 2009-12-31 | $429.93M | -49.08% |
| 2008-12-31 | $844.39M | 23.82% |
| 2007-12-31 | $681.92M | 53.11% |
| 2006-12-31 | $445.38M | 29.85% |
| 2005-12-31 | $343.01M | 9.84% |
| 2004-12-31 | $312.27M | 31.55% |
| 2003-12-31 | $237.37M | -8.54% |
| 2002-12-31 | $259.53M | 14.70% |
| 2001-12-31 | $226.26M | -10.00% |
| 2000-12-31 | $251.41M | -17.89% |
| 1999-12-31 | $306.20M | 19.94% |
| 1998-12-31 | $255.30M | 42.95% |
| 1997-12-31 | $178.60M | 2.23% |
| 1996-12-31 | $174.70M | 13.37% |
| 1995-12-31 | $154.10M | -19.53% |
| 1994-12-31 | $191.50M | 15.64% |
| 1993-12-31 | $165.60M | - |
Shyft Group generated $872.20M in revenue during NA 2023, up -15.09% compared to the previous quarter, and up 106.87% compared to the same period a year ago.
Shyft Group Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $192.78M | -2.58% |
| 2024-03-31 | $197.89M | -2.20% |
| 2023-12-31 | $202.33M | 0.50% |
| 2023-09-30 | $201.32M | -10.56% |
| 2023-06-30 | $225.10M | -7.53% |
| 2023-03-31 | $243.44M | -19.39% |
| 2022-12-31 | $302.01M | 5.57% |
| 2022-09-30 | $286.07M | 23.20% |
| 2022-06-30 | $232.19M | 12.23% |
| 2022-03-31 | $206.88M | -25.39% |
| 2021-12-31 | $277.30M | 1.72% |
| 2021-09-30 | $272.62M | 11.74% |
| 2021-06-30 | $243.98M | 23.29% |
| 2021-03-31 | $197.89M | 15.33% |
| 2020-12-31 | $171.58M | -15.67% |
| 2020-09-30 | $203.47M | 64.13% |
| 2020-06-30 | $123.97M | -29.94% |
| 2020-03-31 | $176.95M | -1.67% |
| 2019-12-31 | $179.96M | -37.72% |
| 2019-09-30 | $288.95M | 16.54% |
| 2019-06-30 | $247.94M | 5.97% |
| 2019-03-31 | $233.96M | 0.43% |
| 2018-12-31 | $232.96M | 3.00% |
| 2018-09-30 | $226.18M | 22.94% |
| 2018-06-30 | $183.98M | 6.32% |
| 2018-03-31 | $173.04M | -4.43% |
| 2017-12-31 | $181.07M | -4.31% |
| 2017-09-30 | $189.22M | 11.47% |
| 2017-06-30 | $169.74M | 1.59% |
| 2017-03-31 | $167.07M | 14.55% |
| 2016-12-31 | $145.85M | -1.89% |
| 2016-09-30 | $148.66M | -8.54% |
| 2016-06-30 | $162.54M | 21.54% |
| 2016-03-31 | $133.73M | -4.92% |
| 2015-12-31 | $140.65M | 2.98% |
| 2015-09-30 | $136.57M | -5.70% |
| 2015-06-30 | $144.82M | 12.82% |
| 2015-03-31 | $128.37M | 8.08% |
| 2014-12-31 | $118.77M | -17.66% |
| 2014-09-30 | $144.24M | 24.56% |
| 2014-06-30 | $115.80M | -9.51% |
| 2014-03-31 | $127.96M | 1.19% |
| 2013-12-31 | $126.45M | 0.30% |
| 2013-09-30 | $126.07M | 4.30% |
| 2013-06-30 | $120.87M | 25.73% |
| 2013-03-31 | $96.14M | -22.78% |
| 2012-12-31 | $124.49M | 10.31% |
| 2012-09-30 | $112.86M | -1.37% |
| 2012-06-30 | $114.42M | -3.70% |
| 2012-03-31 | $118.81M | 6.84% |
| 2011-12-31 | $111.21M | -7.56% |
| 2011-09-30 | $120.30M | 21.07% |
| 2011-06-30 | $99.36M | 4.45% |
| 2011-03-31 | $95.13M | -25.02% |
| 2010-12-31 | $126.88M | 5.23% |
| 2010-09-30 | $120.57M | 4.25% |
| 2010-06-30 | $115.65M | -5.60% |
| 2010-03-31 | $122.52M | 21.96% |
| 2009-12-31 | $100.46M | 11.99% |
| 2009-09-30 | $89.70M | -27.81% |
| 2009-06-30 | $124.27M | 7.59% |
| 2009-03-31 | $115.50M | -21.06% |
| 2008-12-31 | $146.31M | -38.38% |
| 2008-09-30 | $237.46M | 20.83% |
| 2008-06-30 | $196.52M | -25.59% |
| 2008-03-31 | $264.09M | 11.17% |
| 2007-12-31 | $237.57M | - |
Shyft Group generated $192.78M in revenue during Q2 2024, up -2.58% compared to the previous quarter, and up 79.19% compared to the same period a year ago.
Shyft Group Revenue Breakdown
Shyft Group Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 19 | Dec 18 |
|---|---|---|
| Fleet Vehicles and Services | $305.80M | $218.78M |
| Specialty Chassis and Vehicles | $30.78M | $37.72M |
| Emergency Response Vehicles | - | $217.37M |
Shyft Group's latest annual revenue breakdown by segment (product or service), as of Dec 19: Fleet Vehicles and Services (90.86%), and Specialty Chassis and Vehicles (9.14%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Sep 23 | Jun 23 | Mar 23 | Sep 22 | Jun 22 | Mar 22 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fleet Vehicles and Services | $294.59M | $383.45M | $437.80M | $584.93M | $915.13K | $1.00B | $1.15B | $223.75M | $272.40M | $188.53M |
| Specialty Vehicles | $59.86M | $80.98M | $72.40M | $82.48M | $128.77K | $135.16M | $124.00M | - | - | - |
| Emergency Response Vehicles | - | - | - | - | - | - | - | $195.99M | $190.58M | $215.49M |
| Specialty Chassis and Vehicles | - | - | - | - | - | - | - | $40.00M | $32.48M | $29.21M |
Shyft Group's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Fleet Vehicles and Services (83.11%), and Specialty Vehicles (16.89%).
Shyft Group Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 19 | Dec 18 |
|---|---|---|
| Fleet Vehicles and Services | $305.80M | - |
| Specialty Chassis and Vehicles | $30.78M | - |
| Foreign Countries | - | $50.73M |
Shyft Group's latest annual revenue breakdown by geography, as of Dec 19: Fleet Vehicles and Services (90.86%), and Specialty Chassis and Vehicles (9.14%).
Shyft Group Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AGCO | AGCO | $14.41B | $3.25B |
| OSK | Oshkosh | $8.28B | $2.51B |
| TEX | Terex | $5.15B | $1.38B |
| HY | Hyster-Yale Materials Handling | $4.12B | $1.06B |
| REVG | REV Group | $2.64B | $616.90M |
| MTW | Manitowoc | $2.23B | $562.10M |
| TWI | Titan | $1.82B | $532.17M |
| ALG | Alamo Group | $1.69B | $416.30M |
| ASTE | Astec Industries | $1.34B | $309.20M |
| LNN | Lindsay | $1.14B | $139.20M |
| CMCO | Columbus McKinnon | $1.01B | $239.73M |
| SHYF | Shyft Group | $872.20M | $192.78M |
| MNTX | Manitex | $291.39M | $76.23M |
SHYF Revenue FAQ
What is Shyft Group’s yearly revenue?
Shyft Group's yearly revenue for 2023 was $872.2M, representing a decrease of -15.09% compared to 2022. The company's yearly revenue for 2022 was $1.03B, representing an increase of 3.57% compared to 2021. SHYF's yearly revenue for 2021 was $991.79M, representing an increase of 46.72% compared to 2020.
What is Shyft Group’s quarterly revenue?
Shyft Group's quarterly revenue for Q2 2024 was $192.78M, a -2.58% decrease from the previous quarter (Q1 2024), and a -14.36% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $197.89M, a -2.20% decrease from the previous quarter (Q4 2023), and a -18.71% decrease year-over-year (Q1 2023). SHYF's quarterly revenue for Q4 2023 was $202.33M, a 0.50% increase from the previous quarter (Q3 2023), and a -33.00% decrease year-over-year (Q4 2022).
What is Shyft Group’s revenue growth rate?
Shyft Group's revenue growth rate for the last 3 years (2021-2023) was -12.06%, and for the last 5 years (2019-2023) was 15.29%.
What are Shyft Group’s revenue streams?
Shyft Group's revenue streams in c 19 are Fleet Vehicles and Services, and Specialty Chassis and Vehicles. Fleet Vehicles and Services generated $305.8M in revenue, accounting 90.86% of the company's total revenue, up 39.78% year-over-year. Specialty Chassis and Vehicles generated $30.78M in revenue, accounting 9.14% of the company's total revenue, down -18.41% year-over-year.
What is Shyft Group’s main source of revenue?
For the fiscal year ending Dec 19, the largest source of revenue of Shyft Group was Fleet Vehicles and Services. This segment made a revenue of $305.8M, representing 90.86% of the company's total revenue.