The Shyft Group (SHYF)

Overall impact
D (27)

Commentary

The Shyft Group is a below-average overall performer. With a 'D' rating of 27.3 for overall impact (bottom 10% of all companies), The Shyft Group ranks 30th out of 45 industry peers, behind Plus, IAA, McLaren Group and 26 others, and ahead of Geely Auto, Changan Automobile, REV and 12 others. On top material causes for The Shyft Group's industry (Automobiles & Parts), The Shyft Group performs poorly in Renewable Energy Growth (21.3 score), Sustainable Use of Natural Resources (31.6), Equal Pay and Opportunity (28.4) and 6 other causes where it received a 'D' or 'F' score. The Shyft Group did not receive an 'A' rating on any cause.
Impact
Cause SHYF
Peer rank
Overall impact

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Company
Employees
2,900
Sector
Consumer Discretionary
Industry
Automobiles
Sub-industry
Automobile Manufacturers
SASB industry
Automobiles
Headquarters
Mi, United States
Share classes
SHYF
Description
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands. It also provides vocation-specific equipment upfit services under the Utilimaster and Strobes-R-Us brands. Additionally, it installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motorhome chassis and truck bodies under the Royal Truck Body and DuraMag brands. This segment also offers final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand, and designs and installs custom lighting and upfit solutions for a range of specialty industries. Furthermore, it provides truck accessories under the Magnum brand, along with a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. The company sells its products to commercial users, original equipment manufacturers, dealers, individual end users, municipalities, and other governmental entities. The Shyft Group, Inc. was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.
Material causes
Ethos considers the following causes material for The Shyft Group, based on its industry sub-industry Automobile Manufacturers. Learn more about material causes in our methodology overview.

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