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Cavco Industries CVCO Current State And Local Tax Expense Benefit

Current State And Local Tax Expense Benefit at other companies

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Skyline ChampionSKY
$2.61M-14.8%
TFS Financial logo
TFS FinancialTFSL
$476.75K+14.2%

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$4.64B-9.7%
Enterprise value$4.44B-7.5%
P/E24.3×-5.7×
P/S2.1×-0.5×

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:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Cavco Industries’s 10-K, filed May 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cavco Industries's current state and local tax expense benefit?
Cavco Industries (CVCO) reported current state and local tax expense benefit of $2.54M in Q1 2026.
How has Cavco Industries's current state and local tax expense benefit changed year-over-year?
Cavco Industries's current state and local tax expense benefit increased by 17.3% year-over-year, from $2.17M to $2.54M.
What is the long-term trend for Cavco Industries's current state and local tax expense benefit?
Over 4 years (2022 to 2026), Cavco Industries's current state and local tax expense benefit has grown at a 3.8% compound annual growth rate (CAGR), from $8.77M to $10.17M.
What does current state and local tax expense benefit mean?
The current tax expense or benefit attributable to state and local jurisdictions where the company conducts business. This metric captures the geographic tax footprint and the impact of regional tax regulations on the company's bottom line. It is used to assess the tax efficiency of the company's operational footprint.