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) Operating margin

Alert me on Operating margin

Cavco Industries, Inc.'s operating margin over the twelve months to 30 September 2026 was 9.54%, down 0.6 percentage points from fiscal 2026 (10.2%). Over the past ten years it has ranged from 6.51% (fiscal 2016) to 13.8% (fiscal 2023); the current reading is higher than 83% of that period. That is above the Residential Construction industry median of 7.50% and above the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2026 10.2% 0.74
FY2025 9.44% (0.53)
FY2024 9.97% (3.87)
FY2023 13.8% 1.40
FY2022 12.4% 4.42
FY2021 8.02% 0.02
FY2020 8.00% (0.74)
FY2019 8.74% 0.27
FY2018 8.47% 1.13
FY2017 7.34% 0.83

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 10.7% 2.00
Jun 2026 8.65% (0.71)
Mar 2026 9.36% (0.03)
Dec 2025 9.39% (1.78)
43 more quarters

Against its own ten years

Low 6.51% High 13.8%
Ten-year median 8.61%
Current reading's percentile 58

Operating margin against peers

Company Operating margin
GRBK Green Brick Partners, Inc. compare 17.4%
TOL Toll Brothers Inc. compare 13.8%
IBP Installed Building Products, Inc. compare 11.8%
CVCO Cavco Industries, Inc. 9.54%
SKY Champion Homes, Inc. compare 8.27%
MHO M/I Homes, Inc. compare 8.21%
MTH Meritage Homes Corporation compare 6.78%
KBH KB Home compare 5.18%
NVR NVR, Inc. compare 0.00%
Residential Construction industry median 7.50%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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