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Shyft Group Inc   (NASDAQ: SHYF)
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Shyft Group Inc 's

Competitiveness



 
 

SHYF Sales vs. its Competitors Q4 2024



Comparing the current results to its competitors, Shyft Group Inc reported Revenue decrease in the 4 quarter 2024 year on year by -0.06 %, despite the revenue increase by the most of its competitors of 4.94 %, recorded in the same quarter.

List of SHYF Competitors





Revenue Growth Comparisons




Net Income Comparison


Shyft Group Inc , slower than the average decrease reported by the company's competitors of -15.85 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -15.85 %

<<  SHYF Stock Performance Comparisons



  

Overall company Market Share Q4 2024

Overall company, revenue fell by -0.06 % and company lost market share, to approximately 0.2 %.




<<  More on SHYF Market Share.
 
*Market share is calculated based on total revenue.

  News about Shyft Group Inc Contracts

The Shyft Group's Challenges Amidst Revenue Decrease and Market Share Struggles

March 6, 2024
The Shyft Group, a leading provider of efficient and seamless solutions for mutual customers of Shyft and Ford, recently achieved the esteemed Ford Pro Upfitter Designation and Program. However, despite this recognition, the company faced a significant revenue decrease in the fourth quarter of 2023 compared to the same period the previous year. The downward trend differs markedly from the revenue increase observed among most of its competitors, who recorded a growth of 0.71% in the same quarter.According to the data, Shyft Group Inc reported a revenue decrease of -33.1% year on year in Q4 2023, contrasting sharply against the positive performance of its competitors. In comparison, the average revenue decreas...

The Shyft Group's Innovation Showcased at Work Truck Week 2024 Amidst Revenue Decrease

February 29, 2024
The Shyft Group, a well-known manufacturer of work truck solutions, recently displayed its innovative and customer-centric products during Work Truck Week 2024. This event served as a platform for the company to highlight its diverse brand portfolio and emphasize their expertise in the industry. However, despite the exhibition of groundbreaking solutions, the company faced a significant decrease in revenue compared to its competitors.Revenue Decline in Q4 2023:The Shyft Group Inc reported a notable decline in revenue during the fourth quarter of 2023. Comparing its results to competitors, the company experienced a year-on-year decrease of 33.1%. This downturn is in stark contrast to the revenue increase of 4...





Publicly Traded Peers of Shyft Group Inc




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Ford Motor Co
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Ford Motor Co operates a business model focused on designing, manufacturing, and selling a wide range of automobiles, including electric vehicles, trucks, and SUVs, while also providing financing and leasing options through its subsidiaries. The company emphasizes innovation and sustainability, aiming to enhance customer experiences and maintain competitiveness in the rapidly evolving automotive industry.,

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Federal Signal Corporation
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Honda Motor Co Ltd
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$ 703.356 mill. $ 4,162.100 mill. $ 101.100 mill.


Mullen Automotive Inc
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Market Cap. Revenues TTM Net Income TTM
$ 0.015 mill. $ 6.452 mill. $ -443.150 mill.


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Market Cap. Revenues TTM Net Income TTM
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Market Cap. Revenues TTM Net Income TTM
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Stellantis N v
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Stellantis N.V. is an automotive company with a diverse business model focused on manufacturing and selling vehicles. They operate through a combination of wholly-owned subsidiaries and joint ventures, offering a range of automotive brands across different segments and markets. Through strategic partnerships, Stellantis aims to leverage technological advancements and achieve operational efficiency, while catering to consumer demands and maintaining a competitive position in the global automotive industry.

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$ 30,962.027 mill. $ 212,289.280 mill. $ 20,860.000 mill.


Toyota Motor Corp
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Toyota Motor Corp's business model is centered around manufacturing and selling automobiles globally. It focuses on producing a diverse range of vehicles, including cars, trucks, and SUVs, catering to different market segments. Toyota prioritizes quality, reliability, and innovation in its vehicles and emphasizes sustainable practices throughout its operations. The company also invests in research and development to develop advanced technologies like hybrid and electric vehicles. Additionally, Toyota maintains a strong global supply chain and distribution network to reach customers effectively.

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Sources: Shyft Group Inc and all companies mentioned above in this report


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