Rev Group Inc (NYSE: REVG) |
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Price: $44.3300
$0.10
0.226%
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Day's High:
| $44.99
| Week Perf:
| -1.27 %
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Day's Low: |
$ 44.06 |
30 Day Perf: |
17.15 % |
Volume (M): |
364 |
52 Wk High: |
$ 46.10 |
Volume (M$): |
$ 16,155 |
52 Wk Avg: |
$30.90 |
Open: |
$44.76 |
52 Wk Low: |
$21.54 |
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Market Capitalization (Millions $) |
2,217 |
Shares
Outstanding (Millions) |
50 |
Employees |
5,700 |
Revenues (TTM) (Millions $) |
2,331 |
Net Income (TTM) (Millions $) |
97 |
Cash Flow (TTM) (Millions $) |
-9 |
Capital Exp. (TTM) (Millions $) |
28 |
Rev Group Inc
REV is a leading designer, manufacturer and distributor of specialty vehicles
and related aftermarket parts and services. We provide customized vehicle solutions
for applications including: essential needs (ambulances, fire apparatus, school
buses, mobility vans and municipal transit buses), industrial and commercial
(terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational
vehicles “RVs” and luxury buses). Our brand portfolio consists of
30 well-established principal vehicle brands including many of the most recognizable
names within our served markets. Several of our brands pioneered their specialty
vehicle product categories and date back more than 50 years.
The specialty vehicle market is a complex and attractive market characterized
by: (i) numerous niche markets with annual sales volumes generally between 3,000
and 25,000 units, (ii) highly customized vehicle configurations addressing unique
customer applications and (iii) specialized customer bases and distribution
channels (both dealer and direct). We believe the specialty vehicle market has
historically been addressed primarily by smaller, less sophisticated companies,
which has created an opportunity for market leadership by scaled and efficient
producers such as REV. We believe that our focus on product innovation, life-cycle
value leadership and operational improvement has strengthened our brands and
market position while driving growth and providing margin expansion opportunity.
Our products are sold to municipalities, government agencies, private contractors,
consumers and industrial and commercial end users. We have a diverse customer
base with our top 10 customers representing approximately 19% of our net sales
in fiscal year 2018, with no single customer representing more than 5% of our
net sales over the same period. We believe our diverse end markets are favorably
exposed to multiple secular growth drivers such as: rising municipal spending,
a growing aged population, growing urbanization, growing student populations,
the increasing popularity of outdoor and active lifestyles and the replacement
of existing in-service vehicles including legislated replacements.
Our business model utilizes our unique scale to drive profitable organic and
acquisitive growth. We seek to gain market share by delivering high-quality
products with customized attributes tailored to our customers’ product
specifications, while simultaneously reducing costs and shortening delivery
lead times. We aim to achieve this by standardizing and optimizing certain processes
across our segments in areas including: procurement, engineering and product
development, lean manufacturing, dealer management, pricing, and aftermarket
parts sales. We believe our manufacturing and service network, consisting of
21 manufacturing facilities and 12 aftermarket service locations (called Regional
Technical Centers or “RTCs”), provides us with a competitive advantage
through the sharing of best practices, manufacturing flexibility based on relative
facility utilization levels, access to labor, delivery costs and lead times,
economies of scale, customer service capabilities, and a complementary distribution
system. Our business consists primarily of design, engineering, integration,
and assembly activities, which require low levels of capital expenditures. Additionally,
our business has a variable cost structure that results in operational flexibility,
which when combined with a requirement for a low level of capital expenditures,
we believe can produce high returns on invested capital. Furthermore, our broad
presence across the specialty vehicle market and large manufacturing and distribution
network are important differentiators in our ability to grow through acquisitions.
We seek to make synergistic acquisitions that further enhance our existing market
positions or enter REV into new, attractive product segments. In the past 12
years, we have successfully completed 16 acquisitions. We have the opportunity
to grow and enhance the earnings profile of acquired businesses by expanding
access to sales distribution channels, consolidating acquired businesses into
our existing plant footprint and by introducing REV processes and scale into
the newly acquired businesses to drive profitable growth.
Our management team has significant experience in highly specialized industrial
manufacturing and aftermarket parts and services businesses. We continue to
focus on initiatives to accelerate growth and improve our profitability. These
initiatives include: improving brand management, strengthening distribution,
leveraging a centralized enterprise-wide procurement strategy, growing adjacent
and aftermarket products and services, improving production processes within
our facilities, driving down total cost of quality, implementing value-based
pricing strategies and reducing fixed costs.
We primarily sell new specialty vehicles which we design, engineer and manufacture
in our production facilities. We are also focused on growing our higher gross
margin aftermarket business which consists of parts sales, service and other
ancillary revenue opportunities. We believe the majority of our new vehicle
sales represent the replacement of in-service vehicles which are past their
useful life, with additional sales derived from fleet expansions, new customers
and adjacent new product introductions.
Company Address: 245 South Executive Drive, Suite 100 Brookfield 53005 WI
Company Phone Number: 290-0190 Stock Exchange / Ticker: NYSE REVG
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Stock Performances by Major Competitors |
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Dividend
Published Thu, Sep 5 2024 5:15 AM UTC
REV Group, Inc. (NYSE: REVG), a leading manufacturer of specialty and recreational vehicles, reported impressive third-quarter results for 2024, reflecting its continued growth trajectory. The company s consolidated net sales reached $579.4 million, surpassing the previous year s figure. This remarkable performance has led to speculation about a potential dividend ...
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Dividend
Published Wed, Sep 4 2024 12:57 PM UTC
for Rev Group, Inc. Reports Strong Third Quarter Results, Updates Fiscal 2024 Outlook BROOKFIELD, Wis. REV Group, Inc. (NYSE: REVG), a prominent manufacturer of specialty and recreational vehicles, has released its financial results for the three months ended July 31, 2024, showcasing robust performance amidst a competitive market. The latest financial snapshot r...
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Dividend
Published Thu, Jun 6 2024 12:48 AM UTC
REV Group, Inc. (NYSE: REVG), a renowned manufacturer of specialty and recreational vehicles, has recently released its second-quarter results for the period ending April 30, 2024. The financial report showcases the company s consolidated net sales of $616.9 million, indicating a decline from the previous year s second quarter, which recorded $681.2 million. However, it...
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Dividend
Published Wed, Jun 5 2024 11:48 AM UTC
Rev Group Inc. Sees a Decline in Net Sales for Q2 2024 BROOKFIELD, Wis. - REV Group Inc. (NYSE: REVG), a leading manufacturer of specialty and recreational vehicles, announced its financial results for the second quarter of 2024. The company reported consolidated net sales of $616.9 million, down from $681.2 million in the same period last year. The decrease in net s...
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Stock Transactions
Published Thu, Mar 14 2024 12:20 AM UTC
MILWAUKEE REV Group, Inc. Announces Pricing of Secondary Public Offering MILWAUKEE, Wis. REV Group, Inc. (NYSE:REVG) made a significant announcement today regarding the pricing of a secondary public offering of its common stock. The underwritten offering, totaling 7,395,191 shares, was priced at $18.00 per share by American Industrial Partners Capital Fund IV, LP and Ame...
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Per Share |
Current |
Earnings (TTM) |
1.88 $ |
Revenues (TTM) |
46.61 $
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Cash Flow (TTM) |
- |
Cash |
0.58 $
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Book Value |
7.16 $
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Dividend (TTM) |
3.22 $ |
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Per Share |
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Earnings (TTM) |
1.88 $
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Revenues (TTM) |
46.61 $ |
Cash Flow (TTM) |
- |
Cash |
0.58 $
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Book Value |
7.16 $ |
Dividend (TTM) |
3.22 $ |
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Specialty Vehicles |
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72.2 % |
of total Revenue |
Recreational Vehicles |
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27.88 % |
of total Revenue |
Corporate Other and Elims |
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-0.02 % |
of total Revenue |
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On March 5 2025 the Rev Group Inc provided following guidance
nnREV Group, Inc. Reports Solid Financial Results for First Quarter of Fiscal 2025; Reiterates Full-Year Guidancenn
BROOKFIELD, Wis. ? REV Group, Inc. (NYSE: REVG), recognized as a leader in the production of specialty and recreational vehicles, has released its financial outcomes for the first quarter of fiscal 2025, ended January 31, 2025. In this quarter, the company achieved consolidated net sales of $525.1 million, marking a decrease from $586.0 million in the same period of the previous year (first quarter 2024). It's worth noting that the net sales from the first quarter of 2024 included $76.6 million from the Bus Manufacturing segment.
Although the detailed financial guidance for 20...
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