Shyft Group (SHYF) Revenue & Revenue Breakdown

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Shyft Group Revenue Highlights

Latest Revenue (Y)

$872.20M

Latest Revenue (Q)

$-390.67M

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
2024-09-30	$-390.67M	-302.65%
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 $-390.67M in revenue during Q3 2024, up -302.65% compared to the previous quarter, and up -173.55% 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
Specialty Chassis and Vehicles	$30.78M	$37.72M
Fleet Vehicles and Services	$305.80M	$218.78M
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	Sep 24	Jun 24	Sep 23	Jun 23	Mar 23	Sep 22	Jun 22	Mar 22	Sep 19	Jun 19	Mar 19
Specialty Vehicles	$77.46M	$59.86M	$80.98M	$72.40M	$82.48M	$128.77K	$135.16M	$124.00M	-	-	-
Fleet Vehicles and Services	$267.95M	$294.59M	$383.45M	$437.80M	$584.93M	$915.13K	$1.00B	$1.15B	$223.75M	$272.40M	$188.53M
Specialty Chassis and Vehicles	-	-	-	-	-	-	-	-	$40.00M	$32.48M	$29.21M
Emergency Response Vehicles	-	-	-	-	-	-	-	-	$195.99M	$190.58M	$215.49M

Shyft Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Fleet Vehicles and Services (77.58%), and Specialty Vehicles (22.42%).

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	$2.60B
OSK	Oshkosh	$8.28B	$2.85B
TEX	Terex	$5.15B	$1.21B
HY	Hyster-Yale Materials Handling	$4.12B	$1.02B
REVG	REV Group	$2.64B	$579.40M
MTW	Manitowoc Company	$2.23B	$524.80M
TWI	Titan	$1.82B	$447.99M
ALG	Alamo Group	$1.69B	$401.30M
ASTE	Astec Industries	$1.34B	$291.40M
LNN	Lindsay	$1.02B	$139.20M
CMCO	Columbus McKinnon	$1.01B	$242.27M
SHYF	Shyft Group	$872.20M	$-390.67M
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 Q3 2024 was $-391M, a -302.65% decrease from the previous quarter (Q2 2024), and a -294.05% decrease year-over-year (Q3 2023). The company'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). SHYF'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).

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 Specialty Chassis and Vehicles, and Fleet Vehicles and Services. Specialty Chassis and Vehicles generated $30.78M in revenue, accounting 9.14% of the company's total revenue, down -18.41% year-over-year. Fleet Vehicles and Services generated $305.8M in revenue, accounting 90.86% of the company's total revenue, up 39.78% 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.