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The Shyft Group, Inc. is engaged in specialty vehicle manufacturing and assembly for the commercial vehicle. The Company provides last-mile delivery, specialty service and vocation-specific upfit segments, as well as it serves recreational vehicle industries. The Company’s reportable segments include Fleet Vehicles and Services (FVS) and Specialty Vehicles (SV). The Fleet Vehicles and Services segment manufactures commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trade and construction industries. The Company offers products that include walk-in vans and truck bodies used in e-commerce/parcel delivery, upfit equipment used in the mobile retail and utility trades, luxury Class A diesel motor home chassis and contract manufacturing and assembly services. Its SV segment includes its Spartan RV Chassis and Builtmore Contract Manufacturing brands, service bodies, and vocation specific upfit.
Number of employees : 4 200 people.
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| 2021 | 2022 | Delta | Fleet Vehicles and Services | 659.43 | 66.5% | 647.00 | 63% | -1.88% |
Specialty Vehicles | 332.36 | 33.5% | 386.64 | 37.6% | +16.33% |
Eliminations and Other | - | - | -6.48 | -0.6% | - |
USD in Million |
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| 2021 | 2022 | Delta | United States | 980.14 | 98.8% | 1 019.49 | 99.3% | +4.02% |
Other | 11.66 | 1.2% | 7.67 | 0.7% | -34.2% |
USD in Million |
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| Vote  | Quantity | Free-Float | Company-owned shares | Total Float |
Stock A |
1 |
35,223,616 |
32,113,238 |
91.2% |
0 |
0.0% |
91.2% |
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Name | Equities | % | AllianceBernstein LP | 2,062,338 |
5.88% | Rayburn Group | 1,930,000 |
5.50% | The Killen Group, Inc. | 1,687,190 |
4.81% | The Vanguard Group, Inc. | 1,576,428 |
4.49% | Tiger Veda Management LLC | 1,544,000 |
4.40% | GW&K Investment Management LLC | 1,497,024 |
4.27% | Friess Associates LLC | 1,467,360 |
4.18% | Barings LLC | 1,392,413 |
3.97% | Veredus Asset Management LLC | 1,347,100 |
3.84% | abrdn, Inc. | 1,324,837 |
3.78% |
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ONE to supply batteries for Shyft electric trucks |
Sector Other Auto & Truck Manufacturers
Connections : The Shyft Group, Inc.
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