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Cavco Industries CVCO Provision for Credit Losses

Provision for Credit Losses at other companies

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Legacy Housing CorporationLEGH
-$569K-153%

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$4.48B+25.7%
Enterprise value$4.29B+31.7%
P/E23.5×+4.6×
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:ProvisionForLoanLeaseAndOtherLosses.

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 itemYear Ended / March 28,2026Year Ended / March 29,2025Year Ended / March 30,2024
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization23,04319,25918,525
Loss on infinite-lived intangible write-off9,960
Provision for loan losses(589)(511)(632)
Deferred income taxes9,789(6,519)(3,081)
Stock-based compensation expense12,7838,6836,760
Non-cash interest income, net(928)(1,028)(1,511)
(Gain) loss on sale or retirement of property, plant and equipment, net(35)58132

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Cavco Industries's provision for credit losses?
Cavco Industries (CVCO) reported provision for credit losses of -$413K in Q1 2026.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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