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Cavco Industries

CVCO

Cavco Industries is a leading designer and producer of factory-built homes, including manufactured housing, park model RVs, vacation cabins, and commercial structures.

Market cap
$4.38B+20.7%
Revenue$2.2B+11.4%
Net income$190.6M+11.4%
Free cash flow$232.1M+47.8%
EPS (diluted)$23.98+15.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$590.5M
EPS estimate$5.69

Financials

Q4 2026

Income statement

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Revenue$550.1M+8.2%
Gross profit$127.1M+9.4%
Operating income$51.5M+33.2%
Net income$42.5M+16.9%
EPS (diluted)$5.43+21.7%

Balance sheet

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Cash & equivalents$236.7M-33.5%
Total debt$41.4M-4.9%
Total equity$1.1B+3.6%
Total assets$1.5B+6.0%

Cash flow

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Operating cash flow$67.4M+74.3%
CapEx$8.0M+31.1%
Free cash flow$59.3M+82.5%

Valuation & ratios

Valuation

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Market cap$4.38B+20.7%
Enterprise value$4.18B+26.4%
P/E23×+3.8×
P/S+0.2×

Profitability

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Gross margin23.5%+0.4pp
Operating margin10.2%+0.7pp
Net margin8.5%0.0pp
FCF margin10.3%+2.5pp

Returns & leverage

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Return on equity17.6%+1.3pp
Debt / equity0.0×
Current ratio2.5×-0.5×

Segments

By product

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Home sales$504.8M+9.7%
All other sources$20.4M+5.8%
Insurance agency commissions received from third-party insurance companies$1.7M+37.3%

By segment

See full
Factory-built housing$528.0M+8.2%
Financial services$22.1M+7.7%

Competitors

Profile

Cavco Industries is a leading designer and producer of factory-built homes, including manufactured housing, park model RVs, vacation cabins, and commercial structures. The company operates a vertically integrated model that combines large-scale manufacturing with a retail distribution network and internal financial services. Its core value proposition focuses on providing affordable, customizable housing solutions through efficient assembly-line production processes.

Competitive position

Cavco is one of the largest producers of manufactured homes in the United States and a leading producer of park model RVs and vacation cabins.

GeographiesUnited States, Mexico, Canada
Customer segmentsFirst-time home buyers, Retirees (55+), Real estate developers, Commercial enterprises
Business modelManufacturing, Direct-to-Consumer Retail, B2B Distribution, Financial Services
SuppliersLumber and wood product suppliers, Steel and gypsum wallboard providers, Appliance and electrical component manufacturers, Independent trucking companies
CustomersIndividual home buyers, Manufactured housing community operators, Subdivision developers, Government agencies (military housing)
Listed2003
Employees7.0K
CEOWilliam C. Boor
Websitecavco.com
FilingsSEC EDGAR

Questions, answered.

What is Cavco Industries's market cap?
Cavco Industries (CVCO) has a market capitalization of $4.4B and trades on NASDAQ.
What is Cavco Industries's revenue and profitability?
Cavco Industries generated $2.2B in trailing twelve-month revenue with net income of $190.6M, representing a net margin of 8.5%. Gross margin stands at 23.5%, with free cash flow of $232.1M. These figures are based on the Q1 2026 filing.
Who are Cavco Industries's competitors?
Cavco Industries's key competitors include Skyline Champion Corporation, Berkshire Hathaway, Inc., Legacy Housing Corporation Common Stock, and others. These companies compete in similar markets and product categories.
Who does Cavco Industries partner with?
Cavco Industries's notable partners include Fannie Mae, Freddie Mac, Ginnie Mae, and others.
What subsidiaries does Cavco Industries have?
Cavco Industries's subsidiaries include CountryPlace Acceptance Corp., Standard Casualty Company, American Homestar Corporation.
Where is Cavco Industries headquartered?
Cavco Industries is headquartered in United States of America and employs approximately 7,000 people. It has been publicly traded since 2003.