REVG · Rev Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $2.46B | $2.38B | $2.64B | $2.33B | $2.38B | $2.28B |
| Cost of Revenue | $2.09B | $2.08B | $2.32B | $2.08B | $2.09B | $2.05B |
| Gross Profit | $369.80M | $297.30M | $316.10M | $247.50M | $291.00M | $228.10M |
| R&D | $5.80M | $3.30M | $4.70M | $4.20M | $4.40M | $5.80M |
| SG&A | $187.60M | $188.70M | $224.00M | $190.00M | $189.00M | $204.90M |
| Total Operating Expenses | $187.60M | $217.70M | $227.50M | $210.70M | $207.20M | $246.00M |
| D&A | $26.00M | $25.40M | $26.20M | $32.30M | $32.00M | $40.20M |
| Operating Income | $182.20M | $79.60M | $88.60M | $36.80M | $83.80M | ($17.90M) |
| Interest Expense | $25.10M | $28.50M | $28.60M | $16.90M | $17.30M | $25.70M |
| Income Tax | $22.30M | $82.80M | $12.90M | $4.60M | $11.30M | ($15.60M) |
| Net Income | $95.20M | $257.60M | $45.30M | $15.20M | $44.40M | ($30.50M) |
| EPS - Basic | $1.92 | $4.79 | $0.77 | $0.25 | $0.70 | ($0.48) |
| EPS - Diluted | $1.89 | $4.72 | $0.77 | $0.25 | $0.69 | ($0.48) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $34.70M | $24.60M | $21.30M | $20.40M | $13.30M | $11.40M |
| Accounts Receivable | $167.60M | $152.30M | $226.50M | $215.00M | $213.30M | $229.30M |
| Inventory | $527.10M | $602.80M | $657.70M | $629.50M | $481.70M | $537.20M |
| Accounts Payable | $194.80M | $188.80M | $208.30M | $163.90M | $116.20M | $169.50M |
| Current Assets | $777.70M | $806.50M | $933.20M | $888.40M | $761.00M | $812.00M |
| Total Assets | $1.20B | $1.21B | $1.41B | $1.34B | $1.24B | $1.31B |
| Current Liabilities | $515.30M | $469.30M | $557.20M | $527.40M | $437.00M | $447.30M |
| Long-term Debt | $40.00M | $85.00M | $150.00M | $230.00M | $215.00M | $340.50M |
| Total Liabilities | $783.70M | $777.90M | $912.40M | $888.30M | $719.50M | $840.00M |
| Stockholders' Equity | $416.30M | $435.10M | $498.00M | $456.30M | $518.80M | $472.30M |
| Retained Earnings | $200.60M | $118.30M | $52.70M | $19.50M | $16.70M | ($21.10M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $241.10M | $53.40M | $126.50M | $91.60M | $158.30M | $55.70M |
| Investing Cash Flow | ($50.30M) | $348.50M | ($29.90M) | ($14.80M) | ($10.20M) | $1.70M |
| Financing Cash Flow | ($180.70M) | ($398.60M) | ($95.70M) | ($69.70M) | ($146.20M) | ($49.30M) |
| CapEx | $51.10M | $27.60M | $32.80M | $24.80M | $24.70M | $13.50M |
| Free Cash Flow | $190.00M | $25.80M | $93.70M | $66.80M | $133.60M | $42.20M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 15.0% | 12.5% | 12.0% | 10.6% | 12.2% | 10.0% |
| Operating margin | 7.4% | 3.3% | 3.4% | 1.6% | 3.5% | -0.8% |
| EBITDA margin | 8.5% | 4.4% | 4.4% | 3.0% | 4.9% | 1.0% |
| Net margin | 3.9% | 10.8% | 1.7% | 0.7% | 1.9% | -1.3% |
| Free cash flow margin | 7.7% | 1.1% | 3.6% | 2.9% | 5.6% | 1.9% |
| FCF / Net income | 2.00 | 0.10 | 2.07 | 4.39 | 3.01 | -1.38 |
| R&D / Revenue | 0.2% | 0.1% | 0.2% | 0.2% | 0.2% | 0.3% |
| SG&A / Revenue | 7.6% | 7.9% | 8.5% | 8.1% | 7.9% | 9.0% |
| Effective tax rate | 19.0% | 24.3% | 22.2% | 23.2% | 20.3% | - |
| Return on assets | 7.9% | 21.2% | 3.2% | 1.1% | 3.6% | -2.3% |
| Return on equity | 22.9% | 59.2% | 9.1% | 3.3% | 8.6% | -6.5% |
| Return on invested capital | 32.4% | 11.6% | 10.6% | 4.1% | 9.1% | -1.7% |
| Liquidity | ||||||
| Current ratio | 1.51 | 1.72 | 1.67 | 1.68 | 1.74 | 1.82 |
| Quick ratio | 0.49 | 0.43 | 0.49 | 0.49 | 0.64 | 0.61 |
| Cash ratio | 0.07 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 |
| Leverage | ||||||
| Debt / Equity | 0.10 | 0.20 | 0.30 | 0.50 | 0.41 | 0.72 |
| Debt / Assets | 0.03 | 0.07 | 0.11 | 0.17 | 0.17 | 0.26 |
| Debt / EBITDA | 0.19 | 0.81 | 1.31 | 3.33 | 1.86 | 15.27 |
| Interest coverage | 7.3x | 2.8x | 3.1x | 2.2x | 4.8x | -0.7x |
| Equity multiplier | 2.88 | 2.79 | 2.83 | 2.95 | 2.39 | 2.78 |
| Liabilities / Assets | 0.65 | 0.64 | 0.65 | 0.66 | 0.58 | 0.64 |
| Efficiency | ||||||
| Asset turnover | 2.05 | 1.96 | 1.87 | 1.73 | 1.92 | 1.74 |
| Inventory turnover | 3.97 | 3.46 | 3.53 | 3.31 | 4.34 | 3.82 |
| Days sales outstanding | 25d | 23d | 31d | 34d | 33d | 37d |
| Days inventory outstanding | 92d | 106d | 103d | 110d | 84d | 96d |
| Days payable outstanding | 34d | 33d | 33d | 29d | 20d | 30d |
| Cash conversion cycle | 83d | 96d | 102d | 115d | 97d | 102d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 3.5% | -9.8% | 13.1% | -2.1% | 4.5% | -5.2% |
| Revenue CAGR (3y) | 1.9% | -0.0% | 5.0% | -1.0% | 1.6% | 0.1% |
| Revenue CAGR (5y) | 1.6% | -0.2% | 3.1% | 0.6% | - | - |
| Gross profit growth (YoY) | 24.4% | -5.9% | 27.7% | -14.9% | 27.6% | -9.4% |
| Operating income growth (YoY) | 128.9% | -10.2% | 140.8% | -56.1% | - | - |
| Net income growth (YoY) | -63.0% | 468.7% | 198.0% | -65.8% | - | -148.0% |
| EPS growth (YoY) | -60.0% | 513.0% | 208.0% | -63.8% | - | -140.0% |
| EPS CAGR (3y) | 96.3% | 89.8% | - | - | 51.1% | - |
| EPS CAGR (5y) | - | - | 30.9% | -12.9% | - | - |
| FCF growth (YoY) | 636.4% | -72.5% | 40.3% | -50.0% | 216.6% | - |
| FCF CAGR (5y) | 35.1% | - | - | - | - | - |
| Book value growth (YoY) | -4.3% | -12.6% | 9.1% | -12.0% | 9.8% | -6.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-10-31.
Business segments
$2.46B totalSpecialty Vehicles$1.81B · 73.7%
Recreational Vehicles$649.20M · 26.3%
Geographic
$1.81B totalNorth America$1.79B · 98.7%
Rest Of World$22.80M · 1.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
3.04
Safe
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✓Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Motor Vehicles & Passenger Car Bodies
Comparing REV Group against the 5 most active filers in the same SIC group.