8-K Announcements
6Material company update
May 22, 2026·SEC
Material company update
Jan 29, 2026·SEC
Material company update
Oct 31, 2025·SEC
Cavco Industries, Inc.(CVCO)Earnings, Financials & Key Ratios
CVCO•NASDAQ
$578.92
24.1× P/E·Price updated Jul 7, 2026
AboutCavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.Show more
- Revenue$2.24B+11.4%
- EBITDA$252M+20.1%
- Net Income$191M+11.4%
- EPS (Diluted)23.98+15.8%
- Gross Margin23.47%+1.6%
- EBITDA Margin11.21%+7.8%
- Operating Margin10.18%+7.9%
- Net Margin8.49%
- ROE17.58%+7.8%
CVCO Price & Volume
Cavco Industries, Inc. (CVCO) stock price & volume — 10-year historical chart
Loading chart...
Resilient Manufacturing Margins Offset Dealer Financing Risks
Investment Thesis • Updated 2026Q4
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Fortress
Cash Flow:Robust
Primary Risk:Dealer inventory financing sensitivity
Key Thesis Takeaways
- Cavco Industries maintains a fortress balance sheet with a negligible 0.03 debt-to-equity ratio, providing significant flexibility to navigate the current normalization of housing demand.
- While the company demonstrates high-quality earnings with an OCF/NI ratio of 1.59 in 2026Q4, investors should monitor the potential for hidden leverage within dealer repurchase obligations.
- The firm's disciplined capital allocation, evidenced by $30.0 million in quarterly buybacks, supports long-term value creation despite decelerating revenue growth.
Verdict Logic
while the company's 0.03 debt-to-equity ratio offers a strong safety buffer, the current 25.78 P/E valuation warrants caution given the recent deceleration in revenue growth to 8.2%.
CVCO Growth Metrics
Cavco Industries, Inc. (CVCO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years12.16%
5 Years15.16%
3 Years1.56%
TTM11.36%
Profit CAGR
10 Years20.91%
5 Years19.98%
3 Years-7.47%
TTM11.41%
EPS CAGR
10 Years22.51%
5 Years23.79%
3 Years-3.82%
TTM15.46%
Return on Capital
10 Years18%
5 Years21.98%
3 Years18.25%
Last Year20.23%
CVCO Recent Earnings
Cavco Industries, Inc. (CVCO) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$5.42+3.0%
$5.26
Rev
$550M-3.7%
$571M
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$5.58-7.0%
$6.00
Rev
$581M-2.1%
$593M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$6.55+7.6%
$6.09
Rev
$557M+2.5%
$543M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$6.42+10.5%
$5.81
Rev
$557M+3.0%
$541M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $5.42vs $5.26+3.0% | $550Mvs $571M-3.7% |
| Q1 2026 | Jan 29, 2026 | $5.58vs $6.00-7.0% | $581Mvs $593M-2.1% |
| Q4 2025 | Oct 30, 2025 | $6.55vs $6.09+7.6% | $557Mvs $543M+2.5% |
| Q3 2025 | Jul 31, 2025 | $6.42vs $5.81+10.5% | $557Mvs $541M+3.0% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Cavco Industries, Inc. (CVCO)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $578.92 | $4.45B | 24.14 | 11.36% | 8.49% | 17.58% | — | |
| $82.95 | $4.55B | 22.73 | 7.26% | 7.77% | 13.1% | — | |
| $7.82 | $73.19M | -0.31 | -6.63% | -22.64% | — | — | |
| $87.73 | $2.92B | 22.49 | 6.33% | 3.46% | 11.64% | — | |
| $129.92 | $24.96B | 11.68 | -3.54% | 12.14% | 15.92% | — | |
| $155.72 | $44.16B | 13.46 | -6.93% | 9.51% | 12.94% | — |
Compare CVCO vs Peers
Cavco Industries, Inc. (CVCO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
CVCO SEC Filings & Documents
Cavco Industries, Inc. (CVCO) SEC filings — annual & quarterly reports (10-K, 10-Q)
Get notified when CVCO posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CVCO Frequently Asked Questions
Cavco Industries, Inc. (CVCO) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Cavco Industries, Inc.'s revenue?
Cavco Industries, Inc. (CVCO) reported $2.24B in revenue for fiscal year 2026. This represents a 2251% increase from $95.5M in 2001.
How fast is Cavco Industries, Inc. growing?
Cavco Industries, Inc. (CVCO) grew revenue by 11.4% over the past year. This is steady growth.
Is CVCO profitable?
Yes, Cavco Industries, Inc. (CVCO) is profitable, generating $190.6M in net income for fiscal year 2026 (8.5% net margin).
Dividend & Returns
What is CVCO's return on equity?
Cavco Industries, Inc. (CVCO) has a return on equity (ROE) of 17.6%. This is reasonable for most industries.
What is Cavco Industries, Inc.'s free cash flow?
Cavco Industries, Inc. (CVCO) generated $232.1M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.