CSIMarket
 
Shyft Group Inc   (NASDAQ: SHYF)
 
Price: $12.5400 $-0.10 -0.791%
Day's High: $12.765 Week Perf: 2.87 %
Day's Low: $ 12.49 30 Day Perf: 20.11 %
Volume (M): 159,800 52 Wk High: $ 0.00
Volume (M$): $ 2,004 52 Wk Avg: $0.00
Open: $12.75 52 Wk Low: $0.00



 Market Capitalization (Millions $) 438
 Shares Outstanding (Millions) 35
 Employees 2,451
 Revenues (TTM) (Millions $) 792
 Net Income (TTM) (Millions $) 0
 Cash Flow (TTM) (Millions $) 3
 Capital Exp. (TTM) (Millions $) 13

Business Description


Shyft Group Inc, formerly known as Spartan Motors Inc, is a leading manufacturer of high-quality specialty vehicles, commercial trucks, and aftermarket parts for the commercial, government, and retail markets. The company is based in Charlotte, Michigan, and has been in business for over 45 years.

Shyft Group Inc operates through multiple divisions, including the Specialty Vehicles division which designs and manufactures purpose-built vehicles, like delivery trucks, for government, military, and commercial customers. The other division is the Fleet Vehicles and Services division, which provides customized commercial vehicles, including truck bodies, to meet specific customer requirements.

The company produces a wide range of products, including vehicle bodies, chassis, and parts, designed for delivery, utility, and service applications. Its product portfolio includes step vans, walk-in vans, buses, specialty chassis, Van Body, service trucks, and emergency vehicles. The company also offers a full range of upfitting services, which helps customers customize their vehicles to meet their specific requirements.

Shyft Group's customer base includes government agencies, utilities, delivery fleets, and retail customers are located across North America. The company has a strong reputation for building quality vehicles that are designed to handle tough working conditions while being safe and reliable for drivers and passengers.

Shyft Group has been recognized for its innovation and commitment to sustainability. In 2015, the company was awarded the AltWheels Fleet Leadership Award for its alternative fuel vehicle strategy. The company has also been recognized for its work in reducing emissions and improving fuel efficiency.

Overall, Shyft Group Inc is a trusted brand in the specialty vehicle industry, providing high-quality vehicles and parts to customers in a range of commercial markets. The company is committed to innovation, sustainability, and customer satisfaction, which has helped it build a strong reputation and a loyal customer base.


   Company Address: 41280 Bridge Street Novi 48375 MI
   Company Phone Number: 543-6400   Stock Exchange / Ticker: NASDAQ SHYF


Customers Net Income fell by SHYF's Customers Net Profit Margin fell to

-68.14 %

5.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BLBD        7.43% 
CNH        23.29% 
HY        5.24% 
F        5.33% 
FSS        0.97% 
GM        1.73% 
• View Complete Report
   



Product Service News

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

Published Wed, Mar 6 2024 12:41 PM UTC

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 mar...

Product Service News

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

Published Thu, Feb 29 2024 12:31 PM UTC

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...

Dividend

Shyft Group Rolls Out Quarterly Dividend Amid a Resilient Stock Outlook.

Published Thu, Feb 1 2024 12:31 PM UTC


NOVI, Mich., Feb. 01, 2024 The North American specialty vehicle industry giant, The Shyft Group, Inc. (NASDAQ: SHYF), today unveiled that its Board of Directors has greenlit a cash dividend, strengthening its commitment to appreciating shareholders faith.
Shyft Group, which specializes in the manufacturing, assembly, and upfit for the commercial, retail, and serv...

Dividend

The Shyft Group Announces Quarterly Dividend and Achieves New High in Dividend Pay Out Ratio

Published Tue, Oct 31 2023 11:31 AM UTC


NOVI, Mich., Oct. 31, 2023 - The Shyft Group, Inc. (NASDAQ: SHYF), a prominent leader in specialty vehicle manufacturing and assembly for the commercial, retail, and service specialty vehicle markets, has recently made an exciting announcement. The company s Board of Directors has authorized a cash dividend of $0.05 per share of common stock. This news reflects Shyft s ...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 1,128.74
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.55
Price to Sales (Expected) -
Price to Book 1.77
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.1
Working Capital Ratio 1.93
Leverage Ratio (MRQ) 1.35
Total Debt to Equity 0.61
Interest Coverage (TTM) 11.81
Debt Coverage (TTM) 0.19

Per Share Current
Earnings (TTM) 0.01 $
Revenues (TTM) 22.68 $
Cash Flow (TTM) 0.08 $
Cash 0.46 $
Book Value 7.08 $
Dividend (TTM) 0.2 $

Efficiency Current
Revenue per Employee (TTM) 323,309
Net Income per Employee (TTM) 179
Receivable Turnover Ratio (TTM) 24.64
Inventory Turnover Ratio (TTM) 6.03
Asset Turnover Ratio (TTM) 1.51

Profitability Ratios Current
Gross Margin (MRQ) 19.73 %
Operating Margin (MRQ) 0.86 %
Net Margin (MRQ) -0.7 %
Net Cash Flow Margin (MRQ) 0.19 %
Effective Tax Rate (TTM) 49.94 %

Management Effectiveness Current
Return On Assets (TTM) 0.08 %
Return On Investment (TTM) 0.12 %
Return On Equity (TTM) 0.18 %
Dividend Yield 1.59 %
Pay out Ratio (TTM) 1800.22 %



Shyft Group Inc's Segments
Specialty Vehicles    40.23 % of total Revenue
Transferred at Point in Time    32.16 % of total Revenue
Transferred over Time    67.98 % of total Revenue
Consolidation Eliminations    12.87 % of total Revenue
Consolidation Eliminations Transferred at Point in Time    12.87 % of total Revenue
Fleet Vehicles and Services    47.05 % of total Revenue
Fleet Vehicles and Services Transferred at Point in Time    8.74 % of total Revenue
Fleet Vehicles and Services Transferred over Time    38.31 % of total Revenue
Specialty Vehicles Transferred at Point in Time    10.55 % of total Revenue
Specialty Vehicles Transferred over Time    29.68 % of total Revenue
UNITED STATES    99.63 % of total Revenue
UNITED STATES Consolidation Eliminations    12.87 % of total Revenue
UNITED STATES Fleet Vehicles and Services    46.62 % of total Revenue
UNITED STATES Specialty Vehicles    40.14 % of total Revenue
Non-US    0.52 % of total Revenue
Non-US Fleet Vehicles and Services    0.43 % of total Revenue
Non-US Specialty Vehicles    0.09 % of total Revenue
Reporting Reconciling Item Excluding Corporate Nonsegment    12.87 % of total Revenue
Fleet Vehicle Sales    38.31 % of total Revenue
Fleet Vehicle Sales Fleet Vehicles and Services    38.31 % of total Revenue
Motorhome Chassis    6.87 % of total Revenue
Motorhome Chassis Specialty Vehicles    6.87 % of total Revenue
Other Specialty Vehicles    29.68 % of total Revenue
Other Specialty Vehicles Specialty Vehicles    29.68 % of total Revenue
Aftermarket Parts and Accessories Sales    12.42 % of total Revenue
Aftermarket Parts and Accessories Sales Fleet Vehicles and Services    8.74 % of total Revenue
Aftermarket Parts and Accessories Sales Specialty Vehicles    3.68 % of total Revenue





Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.