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Cavco Industries CVCO Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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
Line itemMarch 28,2026March 29,2025
Accounts payable$44,168$37,195
Accrued expenses and other current liabilities291,230265,971
Total current liabilities335,398303,166
Operating lease liabilities30,74731,538
Other liabilities7,0967,359
Deferred income taxes14,716
Total liabilities387,957342,063
Stockholders' equity:

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Cavco Industries's operating lease liabilities?
Cavco Industries (CVCO) reported operating lease liabilities of $30.75M in Q1 2026.
How has Cavco Industries's operating lease liabilities changed year-over-year?
Cavco Industries's operating lease liabilities decreased by 2.5% year-over-year, from $31.54M to $30.75M.
What is the long-term trend for Cavco Industries's operating lease liabilities?
Over 5 years (2021 to 2026), Cavco Industries's operating lease liabilities has grown at a 18.1% compound annual growth rate (CAGR), from $13.36M to $30.75M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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