The Shyft Group, Inc.

The Shyft Group, Inc.

SHYF
The Shyft Group, Inc.US flagNASDAQ Global Select
12.54
USD
- -
- -
439.02MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
14.19
14
14.8
16.27
17.17
11.57
16.21
21.42
19.05
28.07
29.29
25.12
- -
22.93
Basic EPS, GAAP
-0.07
-0.18
0.03
-0.5
0.25
0.46
0.43
-0.36
0.93
1.95
1.04
0.19
- -
0.01
Free Cash Flow per Basic Share
-0.18
0.28
0.09
0.24
0.29
0.48
-0.03
0.68
1.4
1.44
-1.12
1.02
- -
0.48
Dividend per Share
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.1
0.2
0.2
- -
0.2
Book Value per Share
3.19
2.88
2.72
2.15
2.23
2.55
2.95
2.47
5.65
7.55
7.66
7.26
- -
7.15
Tangible Book Value per Share
4.43
4.34
4.2
3.71
3.8
3.76
4.51
2.1
2.66
4.67
4.87
4.55
- -
3.63
Basic Weighted Avg Shares
33
34
34
34
34
35
35
35
35
35
35
35
- -
35
Sales/Revenue/Turnover
471
470
507
550
591
404
571
757
676
992
1,027
872
786
793
Operating Margin (%)
0.01
-0.71
0.04
-1.84
1.62
4.95
3.95
6.29
7.23
8.47
4.63
0.77
0.52
0.98
Depreciation Expense
9
9
8
7
8
10
10
11
14
11
15
17
20
21
Net Income, GAAP
-2
-6
1
-17
9
16
15
-13
33
69
37
6
-3
- -
Effective Tax Rate (%)
- -
- -
- -
- -
1.15
12
15.54
21.96
20.49
17.17
16.77
- -
- -
49.94
Profit Margin (%)
-0.52
-1.27
0.23
-3.08
1.46
3.94
2.63
-1.66
4.86
6.95
3.56
0.74
-0.36
0.06
Working Capital
99
101
101
83
74
89
107
95
63
98
145
104
115
131
LT Debt
5
5
5
5
- -
18
26
116
60
37
101
87
128
142
Total Equity
179
172
169
148
153
168
186
172
200
267
269
252
248
247
Return on Invested Capital (%)
- -
- -
- -
- -
6.19
10.41
9.56
14.5
13.5
23.35
10.96
- -
- -
0.95
Return on Capital (%)
- -
- -
- -
- -
11.76
17.53
13.53
-6.54
13.66
22.81
10.78
- -
- -
1.23
Return on Common Equity (%)
-2.26
-5.9
1.24
-20.48
11.52
19.2
15.55
-13.16
22.83
29.51
13.66
2.49
-1.12
0.18

Capital Structure

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
42
47
50
LT Borrowings
110
95
110
LT Finance Leases
32
33
32
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
34
35
35
Market Capitalization
430
404
280

Working Capital

FRC

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
300
298
313
Cash, Cash Equivalents & STI
21
16
16
Accounts Receivable, Net
99
87
102
Inventories
109
110
104
Total Current Liabilities
165
182
182
Payables & Accruals
107
103
96
ST Debt
42
47
50
Deferred Revenue
6
4
10

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.68%
8.58%
-1.52%
Free Cash Flow
-278.1%
-62.49%
-53.83%
Net Income, GAAP
-232.54%
-104.67%
-143.03%
Sales/Revenue/Turnover
7.28%
2.94%
-9.86%
Total Cash Common Dividend
10.25%
19.66%
-1.87%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
243
225
201
202
872
2024
198
193
194
201
786
2025
205
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.13
0.13
- -
0.19
2024
-0.14
0.06
0.09
-0.1
- -
2025
-0.04
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.05
0.05
- -
0.2
2024
0.05
0.05
0.05
0.05
- -
2025
0.05
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
John A. Dunn
Full Time Employees
2,900
Sector
Industrials
Industry
Agricultural - Machinery
Address
41280 Bridge Street Novi MI United States of America 48375
IPO Date
Jun 19, 1984
Business
The Shyft Group, Inc. (NASDAQ: SHYF) manufactures and assembles specialty vehicles and related upfit solutions for commercial, retail, and service markets in North America; its core offerings span the Fleet Vehicles and Services segment, which provides walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands, vocation-specific upfit services under the Utilimaster and Strobes-R-Us brands, specialty interior and exterior equipment installations for walk-in vans, truck bodies, cargo vans, and light-duty pick-up trucks, and aftermarket parts sales, field services, and accessories; and the Specialty Vehicles segment, which supplies diesel motorhome chassis, truck bodies under the Royal Truck Body and DuraMag brands, final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand, custom lighting and upfit solutions, truck accessories under the Magnum brand, and maintenance and repair services for motorhome and specialty chassis. The company serves e-commerce/last-mile delivery, beverage and grocery delivery, laundry and linen, mobile retail, trades and construction, luxury recreational vehicles, governmental entities, original equipment manufacturers, dealers, and commercial users from facilities across the United States, including Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. Founded in 1975 and headquartered in Novi, Michigan, the company formerly operated as Spartan Motors, Inc. prior to its rebranding in June 2020. In a transformative development completed on July 1, 2025, The Shyft Group merged with an indirect wholly-owned subsidiary of Aebi Schmidt Holding AG, a Switzerland-based global provider of infrastructure, environmental, and agricultural solutions, in a reverse merger transaction that resulted in Shyft's common stock being delisted from NASDAQ, the combined entity—named Aebi Schmidt Group—commencing regular-way trading under the ticker AEBI, and projected pro forma 2024 revenues of approximately $1.95 billion with adjusted EBITDA exceeding $200 million including synergies.

Company News

MCPAPIChat
  • Aebi Schmidt Group achieves significant step-up in profitability following the integration of the Shyft Group; strong order momentum and continued backlog growth

  • Chuck Royce's Strategic Moves: Significant Reduction in Air Lease Corp

  • The Shyft Group Delisted and Aebi Schmidt Group Commences Regular-Way Trading

  • The Shyft Group and Aebi Schmidt Group Announce Successful Completion of Merger, Creating Global Specialty Vehicle Leader

  • The Shyft Group Shareholders Approve Merger with Aebi Schmidt Group

  • The Shyft Group Announces Effectiveness of Registration Statement on Form S-4 Filed by Aebi Schmidt Group and Filing of Definitive Proxy Statement for Proposed Merger

  • The Shyft Group to Hold Special Meeting of the Shareholders of Shyft on Proposed Merger with Aebi Schmidt

  • Spartan® RV Chassis Strengthens North American Service Network Through Rush Truck Centers Partnership

  • Should Value Investors Buy The Shyft Group (SHYF) Stock?

  • The Shyft Group Announces Quarterly Dividend

  • The Shyft Group: After Roaring Higher, Shares Can Achieve More Upside

  • The Shyft Group, Inc. (SHYF) Q1 2025 Earnings Call Transcript

  • The Shyft Group (SHYF) Beats Q1 Earnings and Revenue Estimates

  • The Shyft Group Reports First Quarter 2025 Results

  • The Shyft Group Announces First Quarter 2025 Financial Results Conference Call

  • The Shyft Group (SHYF) Moves 15.1% Higher: Will This Strength Last?

  • The Shyft Group announces filing of registration statement on Form S-4 by the Aebi Schmidt Group in connection with their proposed merger

  • The Shyft Group to Participate in the 37th Annual ROTH Conference

  • Utilimaster Debuts Customer-Driven Work Truck Solutions to Enhance Service and Delivery Fleet Performance at NTEA Work Truck Week 2025

  • The Shyft Group to Celebrate 50th Anniversary and Showcase Cutting-Edge Work Truck Solutions at NTEA Work Truck Week 2025