Cavco Industries CVCO Business Segments
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Net revenue by Business | |||||
| Factory-built housing | $2.16B+11.6% | $1.93B+12.6% | $1.72B-17.1% | $2.07B+33.0% | |
| Financial services | $87.15M+5.8% | $82.35M+5.3% | $78.19M+6.7% | $73.26M+3.4% | |
| Net Income by Business | |||||
| Factory-built housing | $171.69M+1.1% | $169.75M+10.9% | $153.07M-34.3% | $232.98M— | |
| Financial services | $18.86M+1,362% | $1.29M-73.3% | $4.84M-38.4% | $7.86M— | |
| Other income, net by Business | |||||
| Financial services | $1K— | $0-100% | $36K+3,700% | -$1K— | |
| Gross Profit by Business | |||||
| Factory-built housing | $476.33M+7.8% | $441.8M+10.7% | $398.92M-23.8% | $523.53M— | |
| Financial services | $50.56M+112% | $23.79M-15.0% | $27.98M-10.9% | $31.4M— | |
| Income from operations by Business | |||||
| Factory-built housing | $205.25M+8.7% | $188.77M+9.3% | $172.65M-39.6% | $285.63M— | |
| Financial services | $23.32M+1,452% | $1.5M-76.3% | $6.33M-42.3% | $10.98M— | |
| Total assets: by Business | |||||
| Factory-built housing | $4.86B+3.8% | $4.68B+2.1% | $4.59B+8.2% | $4.24B— | |
| Financial services | $970.78M+9.2% | $889.31M+9.0% | $816.02M+4.4% | $781.55M— | |
| Interest Expense, Nonoperating by Business | |||||
| Factory-built housing | $541K+4.6% | $517K-68.6% | $1.65M+489% | $280K— | |
| Financial services | $0— | $0— | $0-100% | $630K— | |
| Gross margin %: by Business | |||||
| Factory-built housing | 22.1%-0.8pp | 22.9%-0.3pp | 23.2%-2.1pp | 25.3%+1.4pp | |
| Financial services | 58%+29.1pp | 28.9%-6.9pp | 35.8%-7.1pp | 42.9%-8.6pp | |
| Pre-Tax Income by Business | |||||
| Factory-built housing | $221.38M+5.6% | $209.57M+8.7% | $192.81M-35.0% | $296.42M+50.2% | |
| Financial services | $23.32M+1,452% | $1.5M-76.4% | $6.37M-38.5% | $10.35M-29.6% | |
| Interest Income by Business | |||||
| Factory-built housing | $16.34M-22.5% | $21.09M+0.4% | $21M+96.6% | $10.68M— | |
| Financial services | $1K— | $0— | $0— | $0— | |
| Income Tax Expense (Benefit) by Business | |||||
| Factory-built housing | $49.69M+24.8% | $39.82M+0.2% | $39.75M-37.3% | $63.43M+484% | |
| Financial services | $4.46M+1,992% | $213K-86.0% | $1.53M-38.7% | $2.49M-26.7% | |
| Selling, general and administrative expenses by Business | |||||
| Factory-built housing | $271.08M+7.1% | $253.03M+11.8% | $226.27M-4.9% | $237.9M— | |
| Financial services | $27.24M+22.2% | $22.29M+2.9% | $21.65M+6.0% | $20.43M— | |
| Cost of Sales by Business | |||||
| Factory-built housing | $1.68B+12.7% | $1.49B+13.2% | $1.32B-14.8% | $1.55B— | |
| Financial services | $36.59M-37.5% | $58.56M+16.6% | $50.2M+19.9% | $41.86M— | |
| Amortization by Business | |||||
| Factory-built housing | $1.94M+28.9% | $1.5M-2.6% | $1.54M-24.2% | $2.04M+60.5% | |
| Financial services | $25K-3.8% | $26K+4.0% | $25K-21.9% | $32K-71.9% | |
| CapEx by Business | |||||
| Factory-built housing | $35.3M+65.4% | $21.34M+24.1% | $17.19M-61.0% | $44.09M+137% | |
| Financial services | $107K+18.9% | $90K-61.2% | $232K+1,005% | $21K-73.4% | |
| Depreciation by Business | |||||
| Factory-built housing | $20.86M+19.4% | $17.48M+4.3% | $16.75M+14.4% | $14.65M+55.0% | |
| Financial services | $220K-13.4% | $254K+25.7% | $202K+11.0% | $182K0.0% | |
| Net revenue by Product | |||||
| All other sources | $80.52M+4.3% | $77.17M+4.4% | $73.93M+6.4% | $69.51M+4.0% | |
| Home sales | $2.06B+11.9% | $1.84B+12.7% | $1.63B-19.1% | $2.02B+34.9% | |
| Insurance agency commissions received from third-party insurance companies | $6.63M+28.0% | $5.18M+21.6% | $4.26M+13.4% | $3.75M-7.4% | |
| Concentration risk, percentage by Geography | |||||
| ARIZONA | 15%— | —— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Cavco Industries break its business down?
- Cavco Industries (CVCO) reports net revenue by business across 2 parts — Factory-built housing and Financial services. Each is extracted from the segment footnotes and tracked over time.
- Where does Cavco Industries's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Cavco Industries's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.