Cavco Industries
CVCO
540.54
-32.26
-5.63%
Cavco Industries
US · CVCO
#2227 by market cap
Listed 1970
540.54
-32.26
-5.63%
Live - 5344 symbols - heartbeat 52s ago
· 2026-10-08 07:11
Pre-market
530.82
-1.80%
After-hours
541.14
+0.11%
- Market cap
- 4.16B
- P/E (TTM)i
- 23.51
- P/Bi
- 3.74
- EPSi
- 23.98
- Div yieldi
- 0.00%
- 52W posi
- 36%
Reader sentiment
Are you bullish or bearish on CVCO?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 10.14, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +11.36% YoY
Margins
- Gross margin
- 23.47%
- Operating margin
- 10.18%
- Net margin
- 8.49%
Key ratios & quality
- Altman Z-Scorei
- 10.14
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 962.75M | 1.06B | 1.11B | 1.63B | 2.14B | 1.79B | 2.02B | 2.24B |
| Gross profit | 205.71M | 230.52M | 238.98M | 408.75M | 554.93M | 426.90M | 465.59M | 526.89M |
| Selling & admin expenses | 121.57M | 145.61M | 150.15M | 206.25M | 258.32M | 247.92M | 275.32M | 298.32M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 84.14M | 84.91M | 88.83M | 202.50M | 296.61M | 178.98M | 190.28M | 228.57M |
| Pretax profit | 86.68M | 92.98M | 96.91M | 211.99M | 306.76M | 199.18M | 211.07M | 244.70M |
| Tax | 18.05M | 17.91M | 20.27M | 14.25M | 65.92M | 41.28M | 40.03M | 54.15M |
| Net profit | 68.62M | 75.07M | 76.65M | 197.74M | 240.84M | 157.91M | 171.04M | 190.55M |
| Basic EPS | 8 | 8 | 8 | 22 | 27 | 19 | 21 | 24 |
| Diluted EPS | 7.40 | 8.10 | 8.25 | 21.34 | 26.95 | 18.37 | 20.71 | 23.98 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 508.36M | 556.86M | 556.53M | 580.99M | 550.13M | 609.96M |
| Gross profit | 116.12M | 129.51M | 134.41M | 135.92M | 127.05M | 134.59M |
| Selling & admin expenses | 77.49M | 69.15M | 72.23M | 81.36M | 75.58M | 81.84M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 38.63M | 60.36M | 62.18M | 54.56M | 51.47M | 52.76M |
| Pretax profit | 42.92M | 65.30M | 67.25M | 57.60M | 54.55M | 55.79M |
| Tax | 6.59M | 13.66M | 14.87M | 13.53M | 12.09M | 13.52M |
| Net profit | 36.33M | 51.64M | 52.38M | 44.07M | 42.46M | 42.27M |
| Basic EPS | 5 | 6 | 7 | 6 | 5 | 5 |
| Diluted EPS | 4.47 | 6.42 | 6.55 | 5.58 | 5.42 | 5.43 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 462.05M | 516.19M | 651.80M | 744.12M | 804.58M | 851.80M | 910.19M | 824.73M |
| Cash & ST investments | 199.99M | 256.41M | 341.78M | 264.24M | 286.41M | 370.96M | 376.07M | 252.95M |
| Inventory | 116.20M | 113.54M | 131.23M | 243.97M | 263.15M | 241.34M | 252.70M | 295.67M |
| Total assets | 725.22M | 810.43M | 951.83M | 1.15B | 1.31B | 1.35B | 1.41B | 1.49B |
| Total current liabilities | 174.01M | 172.10M | 237.10M | 294.17M | 293.39M | 273.27M | 303.17M | 335.40M |
| Short-term debt | 20.60M | 2.25M | 1.85M | -- | -- | -- | -- | -- |
| Long-term debt | 14.62M | 12.34M | 10.34M | -- | -- | -- | -- | -- |
| Total liabilities | 195,628,000.00 | 202,845,000.00 | 268,193,000.00 | 323,692,000.00 | 330,470,000.00 | 320,749,000.00 | 342,063,000.00 | 387,957,000.00 |
| Total equity | 529.59M | 607.59M | 683.64M | 831.28M | 977.51M | 1.03B | 1.06B | 1.10B |
| Retained earnings | 280.08M | 355.14M | 431.06M | 628.76M | 869.31M | 1.03B | 1.20B | 1.39B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 910.19M | 915.27M | 934.55M | 816.80M | 824.73M | 837.20M |
| Cash & ST investments | 376.07M | 362.45M | 391.84M | 241.89M | 252.95M | 261.47M |
| Inventory | 252.70M | 258.07M | 258.42M | 290.54M | 295.67M | 308.98M |
| Total assets | 1.41B | 1.42B | 1.45B | 1.47B | 1.49B | 1.54B |
| Total current liabilities | 303.17M | 317.28M | 318.05M | 328.68M | 335.40M | 375.66M |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | -- | -- | -- | -- | -- | -- |
| Total liabilities | 342,063,000.00 | 354,784,000.00 | 362,932,000.00 | 382,976,000.00 | 387,957,000.00 | 431,052,000.00 |
| Total equity | 1.06B | 1.06B | 1.09B | 1.09B | 1.10B | 1.11B |
| Retained earnings | 1.20B | 1.25B | 1.30B | 1.35B | 1.39B | 1.43B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 32.84M | 101.74M | 114.03M | 144.22M | 255.69M | 224.68M | 178.50M | 267.49M |
| Depreciation & amortization | 4.70M | 5.78M | 6.32M | 11.02M | 16.90M | 18.53M | 19.26M | 23.04M |
| Free cash flow | 25.20M | 87.40M | 88.49M | 125.57M | 211.59M | 207.26M | 157.07M | 232.09M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | 0 | -1.44M | -59.60M | -103.41M | -109.31M | -148.68M | -159.89M |
| Ending cash balance | 199.87M | 255.61M | 339.31M | 259.33M | 283.49M | 368.75M | 375.35M | 257.61M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 38.65M | 55.52M | 78.47M | 66.13M | 67.37M | 74.45M |
| Depreciation & amortization | 4.96M | 5.17M | 5.33M | 6.16M | 6.38M | 6.69M |
| Free cash flow | 32.51M | 46.39M | 68.74M | 57.64M | 59.33M | 48.96M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -34.23M | -50.00M | -36.09M | -43.81M | -30.00M | -30.00M |
| Ending cash balance | 375.35M | 368.42M | 399.95M | 242.47M | 257.61M | 266.22M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 13.91 | 13.20 | 11.87 | 26.11 | 26.63 | 15.71 | 16.30 | 17.58 |
| ROA %i | 9.80 | 9.78 | 8.70 | 18.77 | 19.53 | 11.86 | 12.39 | 13.15 |
| ROIC %i | 13.18 | 12.69 | 11.47 | 25.36 | 25.14 | 13.79 | 14.26 | 15.99 |
| 5-year avg ROE %i | 10.96 | 12.04 | 12.72 | 15.91 | 18.35 | 18.70 | 19.33 | 20.47 |
| EBIT margin %i | 9.36 | 8.90 | 8.81 | 13.07 | 14.36 | 11.19 | 10.50 | 10.93 |
| FCF / sales %i | 2.62 | 8.23 | 7.99 | 7.72 | 9.87 | 11.55 | 7.79 | 10.34 |
| Current ratioi | 2.66 | 3.00 | 2.75 | 2.53 | 2.74 | 3.12 | 3.00 | 2.46 |
| Quick ratioi | 1.64 | 2.02 | 1.88 | 1.41 | 1.49 | 1.87 | 1.86 | 1.30 |
| Debt / assetsi | 4.86 | 3.17 | 2.68 | 1.14 | 1.66 | 2.60 | 2.24 | 2.06 |
| LT debt / equityi | 2.76 | 3.86 | 3.47 | 1.58 | 2.22 | 3.40 | 2.96 | 2.79 |
| Interest coveragei | 26.17 | 63.19 | 132.32 | 302.98 | 338.10 | 121.79 | 409.26 | 453.31 |
| Revenue CAGR (3Y) %i | 10.56 | 11.12 | 8.34 | 19.12 | 26.37 | 17.44 | 7.39 | 1.56 |
| Net income CAGR (3Y) %i | 33.97 | 25.52 | 7.61 | 42.29 | 47.43 | 27.22 | -4.71 | -7.47 |
| FCF CAGR (3Y) %i | -14.29 | 29.23 | 20.50 | 70.80 | 34.28 | 32.80 | 7.75 | 3.13 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 16.30 | 17.90 | 18.50 | 17.18 | 17.58 | 16.66 |
| ROA %i | 12.39 | 13.44 | 13.82 | 12.91 | 13.15 | 12.24 |
| ROIC %i | 14.26 | 15.87 | 16.54 | 15.45 | 15.99 | 15.22 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 10.50 | 11.13 | 11.45 | 10.61 | 10.93 | 10.26 |
| FCF / sales %i | 7.79 | 7.69 | 8.40 | 9.32 | 10.34 | 10.21 |
| Current ratioi | 3.00 | 2.88 | 2.94 | 2.49 | 2.46 | 2.23 |
| Quick ratioi | 1.86 | 1.78 | 1.84 | 1.32 | 1.30 | 1.18 |
| Debt / assetsi | 2.24 | 2.13 | 2.10 | 2.31 | 2.06 | 2.19 |
| LT debt / equityi | 2.96 | 2.84 | 2.80 | 3.13 | 2.79 | 3.04 |
| Interest coveragei | 409.26 | 394.41 | 424.55 | 421.71 | 453.31 | 463.06 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Factory-built housing is the largest reported line at 96.07% of revenue, across 2 reported segments.
- The next-largest line, Financial services, is a distant second at 3.93% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Factory-built housing96.07%
Financial services3.93%
Quote time 2026-10-08 07:11:04 · For reference only, not investment advice and not tailored to your situation.