Cavco Industries, Inc.

CVCO Consumer Cyclical Residential Construction

Cavco Industries, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.2 billion, up 11.4% from fiscal 2025.

Revenue
+17.9%
EPS
+9.06%
Free cash flow
−3.01%

Quarter to September 2026, against a year earlier

644.65 34.08 −5.02%
Market cap
$4.9B
P/E
27.1×
Fwd P/E
27.5×
Dividend yield
—
F-score
8/9
Altman Z
9.59
Beneish M
−2.56
Dividend safety
n/a

Cavco Industries, Inc. (CVCO) Gross margin

Alert me on Gross margin

Cavco Industries, Inc.'s gross margin over the twelve months to 30 September 2026 was 22.7%, down 0.7 percentage points from fiscal 2026 (23.5%). Over the past ten years it has ranged from 20.3% (fiscal 2016) to 25.9% (fiscal 2023); the current reading is higher than 75% of that period. That is above the Residential Construction industry median of 19.2% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2026 23.5% 0.37
FY2025 23.1% (0.69)
FY2024 23.8% (2.11)
FY2023 25.9% 0.78
FY2022 25.1% 3.55
FY2021 21.6% (0.14)
FY2020 21.7% 0.34
FY2019 21.4% 0.63
FY2018 20.7% 0.32
FY2017 20.4% 0.14

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 22.5% 0.42
Jun 2026 22.1% (1.03)
Mar 2026 23.1% (0.29)
Dec 2025 23.4% (0.76)
43 more quarters

Against its own ten years

Low 20.3% High 25.9%
Ten-year median 22.0%
Current reading's percentile 53

Gross margin against peers

Company Gross margin
IBP Installed Building Products, Inc. compare 33.1%
GRBK Green Brick Partners, Inc. compare 29.0%
SKY Champion Homes, Inc. compare 25.5%
TOL Toll Brothers Inc. compare 23.8%
CVCO Cavco Industries, Inc. 22.7%
MHO M/I Homes, Inc. compare 21.8%
MTH Meritage Homes Corporation compare 17.7%
KBH KB Home compare 16.5%
NVR NVR, Inc. compare 0.00%
Residential Construction industry median 19.2%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on CVCO