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Cavco Industries CVCO Financial services — Depreciation

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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 financial services — depreciation?
Cavco Industries (CVCO) reported financial services — depreciation of $40K in Q1 2026.
How has Cavco Industries's financial services — depreciation changed year-over-year?
Cavco Industries's financial services — depreciation decreased by 36.5% year-over-year, from $63K to $40K.
What is the long-term trend for Cavco Industries's financial services — depreciation?
Over 4 years (2022 to 2026), Cavco Industries's financial services — depreciation has grown at a 4.9% compound annual growth rate (CAGR), from $182K to $220K.
What does financial services — depreciation mean?
The systematic allocation of the cost of tangible assets over their useful lives within the financial services division. It reflects the wear and tear of physical infrastructure used to support lending and insurance operations.

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