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

DateRevenueChange
2023-12-31$872.20M-15.09%
2022-12-31$1.03B3.57%
2021-12-31$991.79M46.72%
2020-12-31$675.97M-10.65%
2019-12-31$756.54M-7.31%
2018-12-31$816.16M15.42%
2017-12-31$707.10M19.69%
2016-12-31$590.78M7.33%
2015-12-31$550.41M8.61%
2014-12-31$506.76M7.93%
2013-12-31$469.54M-0.22%
2012-12-31$470.58M10.46%
2011-12-31$426.01M-11.38%
2010-12-31$480.74M11.82%
2009-12-31$429.93M-49.08%
2008-12-31$844.39M23.82%
2007-12-31$681.92M53.11%
2006-12-31$445.38M29.85%
2005-12-31$343.01M9.84%
2004-12-31$312.27M31.55%
2003-12-31$237.37M-8.54%
2002-12-31$259.53M14.70%
2001-12-31$226.26M-10.00%
2000-12-31$251.41M-17.89%
1999-12-31$306.20M19.94%
1998-12-31$255.30M42.95%
1997-12-31$178.60M2.23%
1996-12-31$174.70M13.37%
1995-12-31$154.10M-19.53%
1994-12-31$191.50M15.64%
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

DateRevenueChange
2024-09-30$-390.67M-302.65%
2024-06-30$192.78M-2.58%
2024-03-31$197.89M-2.20%
2023-12-31$202.33M0.50%
2023-09-30$201.32M-10.56%
2023-06-30$225.10M-7.53%
2023-03-31$243.44M-19.39%
2022-12-31$302.01M5.57%
2022-09-30$286.07M23.20%
2022-06-30$232.19M12.23%
2022-03-31$206.88M-25.39%
2021-12-31$277.30M1.72%
2021-09-30$272.62M11.74%
2021-06-30$243.98M23.29%
2021-03-31$197.89M15.33%
2020-12-31$171.58M-15.67%
2020-09-30$203.47M64.13%
2020-06-30$123.97M-29.94%
2020-03-31$176.95M-1.67%
2019-12-31$179.96M-37.72%
2019-09-30$288.95M16.54%
2019-06-30$247.94M5.97%
2019-03-31$233.96M0.43%
2018-12-31$232.96M3.00%
2018-09-30$226.18M22.94%
2018-06-30$183.98M6.32%
2018-03-31$173.04M-4.43%
2017-12-31$181.07M-4.31%
2017-09-30$189.22M11.47%
2017-06-30$169.74M1.59%
2017-03-31$167.07M14.55%
2016-12-31$145.85M-1.89%
2016-09-30$148.66M-8.54%
2016-06-30$162.54M21.54%
2016-03-31$133.73M-4.92%
2015-12-31$140.65M2.98%
2015-09-30$136.57M-5.70%
2015-06-30$144.82M12.82%
2015-03-31$128.37M8.08%
2014-12-31$118.77M-17.66%
2014-09-30$144.24M24.56%
2014-06-30$115.80M-9.51%
2014-03-31$127.96M1.19%
2013-12-31$126.45M0.30%
2013-09-30$126.07M4.30%
2013-06-30$120.87M25.73%
2013-03-31$96.14M-22.78%
2012-12-31$124.49M10.31%
2012-09-30$112.86M-1.37%
2012-06-30$114.42M-3.70%
2012-03-31$118.81M6.84%
2011-12-31$111.21M-7.56%
2011-09-30$120.30M21.07%
2011-06-30$99.36M4.45%
2011-03-31$95.13M-25.02%
2010-12-31$126.88M5.23%
2010-09-30$120.57M4.25%
2010-06-30$115.65M-5.60%
2010-03-31$122.52M21.96%
2009-12-31$100.46M11.99%
2009-09-30$89.70M-27.81%
2009-06-30$124.27M7.59%
2009-03-31$115.50M-21.06%
2008-12-31$146.31M-38.38%
2008-09-30$237.46M20.83%
2008-06-30$196.52M-25.59%
2008-03-31$264.09M11.17%
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/ServiceDec 19Dec 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/ServiceSep 24Jun 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Sep 19Jun 19Mar 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

CountryDec 19Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
AGCOAGCO$14.41B$3.25B
OSKOshkosh$8.28B$2.85B
TEXTerex$5.15B$1.21B
HYHyster-Yale Materials Handling$4.12B$1.06B
REVGREV Group$2.64B$579.40M
MTWManitowoc Company$2.23B$524.80M
TWITitan$1.82B$447.99M
ALGAlamo Group$1.69B$401.30M
ASTEAstec Industries$1.34B$309.20M
LNNLindsay$1.02B$139.20M
CMCOColumbus McKinnon$1.01B$242.27M
SHYFShyft Group$872.20M$-390.67M
MNTXManitex$291.39M$76.23M

SHYF Revenue FAQ


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.

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).

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%.

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.

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.