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Cavco Industries CVCO Factory-built housing — Depreciation

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$40K-36.5%

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Other financials

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

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Market cap$4.45B+24.6%
Enterprise value$4.25B+30.4%
P/E23.3×+4.4×
P/S+0.3×

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×

Where this comes from

Reported directly by Cavco Industries in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Cavco Industries’s 10-K, filed May 22, 2026.

Filed
May 22, 2026, 5:01 PM EDT
Fiscal year
FY2026
Accession
0001628280-26-037782
Net Income$$171,687$$18,864$$190,551
Year Ended March 28, 2026
Factory-built housingFinancial servicesConsolidated
Depreciation$$20,859$$220$$21,079
Amortization$$1,938$$25$$1,963
Capital expenditures$$35,299$$107$$35,406
Year Ended March 29, 2025
Factory-built housingFinancial servicesConsolidated

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Cavco Industries's factory-built housing — depreciation?
Cavco Industries (CVCO) reported factory-built housing — depreciation of $5.73M in Q1 2026.
How has Cavco Industries's factory-built housing — depreciation changed year-over-year?
Cavco Industries's factory-built housing — depreciation increased by 26.9% year-over-year, from $4.52M to $5.73M.
What is the long-term trend for Cavco Industries's factory-built housing — depreciation?
Over 4 years (2022 to 2026), Cavco Industries's factory-built housing — depreciation has grown at a 21.9% compound annual growth rate (CAGR), from $9.45M to $20.86M.
What does factory-built housing — depreciation mean?
This reflects the systematic allocation of the cost of tangible assets, such as manufacturing machinery and production facilities, over their useful lives within the housing segment. It is a non-cash expense that highlights the capital intensity of the company's production operations.

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