For the twelve months ended Sep 26, 2026, Cavco Industries Inc. reported $2.40B of revenue and $184.24M of net income.
CVCO revenue was $656.38M in fiscal Q2 2027 (ended Sep 26, 2026), up 17.9% from a year earlier and up 7.6% from the prior quarter. For the full fiscal 2026 it was $2.24B, up 11.4% from fiscal 2025. Compound annual growth was +15.2% over 5 years and +12.2% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
CVCO net income was $55.44M in fiscal Q2 2027 (ended Sep 26, 2026), up 5.8% from a year earlier and up 31.2% from the prior quarter. For the full fiscal 2026 it was $190.55M, up 11.4% from fiscal 2025. Compound annual growth was +20.0% over 5 years and +20.9% over 10 years. It rose in 9 of the last 10 fiscal years.
CVCO diluted EPS was $7.17 in fiscal Q2 2027 (ended Sep 26, 2026), up 9.5% from a year earlier and up 32.0% from the prior quarter. For the full fiscal 2026 it was $23.98, up 15.8% from fiscal 2025. Compound annual growth was +23.8% over 5 years and +22.5% over 10 years.
CVCO free cash flow was $66.70M in fiscal Q2 2027 (ended Sep 26, 2026), down 3.0% from a year earlier and up 36.2% from the prior quarter. For the full fiscal 2026 it was $232.09M, up 47.8% from fiscal 2025. Compound annual growth was +21.3% over 5 years and +19.2% over 10 years. It rose in 7 of the last 10 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.
| Line item | Mar 28, 2026 | Mar 29, 2025 | Mar 30, 2024 | Apr 1, 2023 | Apr 2, 2022 | Apr 3, 2021 | Mar 28, 2020 | Mar 30, 2019 | Mar 31, 2018 | Apr 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.24B | $2.02B | $1.79B | $2.14B | $1.63B | $1.11B | $1.06B | $962.75M | $871.24M | $773.80M |
| Cost of revenue | $1.72B | $1.55B | $1.37B | $1.59B | $1.22B | $869.07M | $831.26M | $757.04M | $690.55M | $615.76M |
| Gross profit | $526.89M | $465.59M | $426.90M | $554.93M | $408.75M | $238.98M | $230.52M | $205.71M | $180.68M | $158.04M |
| Selling, general and admin | $298.32M | $275.31M | $247.92M | $258.32M | $206.25M | $150.15M | $145.61M | $121.57M | $106.91M | $101.23M |
| Operating income | $228.57M | $190.28M | $178.98M | $296.61M | $202.50M | $88.83M | $84.91M | $84.14M | $73.77M | $56.81M |
| Interest expense | $541.0K | $517.0K | $1.65M | $910.0K | $702.0K | $738.0K | $1.50M | $3.44M | $4.40M | $4.44M |
| Pre-tax income | $244.70M | $211.07M | $199.18M | $306.76M | $211.99M | $96.91M | $92.98M | $86.68M | $78.52M | $55.28M |
| Income tax | $54.15M | $40.03M | $41.27M | $65.92M | $14.25M | $20.27M | $17.91M | $18.05M | $17.02M | $17.33M |
| Net income | $190.55M | $171.04M | $157.82M | $240.55M | $197.70M | $76.65M | $75.07M | $68.62M | $61.50M | $37.95M |
| EPS, basic | $24.26 | $20.97 | $18.55 | $27.20 | $21.54 | $8.34 | $8.22 | $7.56 | $6.82 | $4.23 |
| EPS, diluted | $23.98 | $20.71 | $18.37 | $26.95 | $21.34 | $8.25 | $8.10 | $7.40 | $6.68 | $4.17 |
| Diluted shares | 7.9M | 8.3M | 8.6M | 8.9M | 9.3M | 9.3M | 9.3M | 9.3M | 9.2M | 9.1M |
| Line item | Mar 28, 2026 | Mar 29, 2025 | Mar 30, 2024 | Apr 1, 2023 | Apr 2, 2022 | Apr 3, 2021 | Mar 28, 2020 | Mar 30, 2019 | Mar 31, 2018 | Apr 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $236.72M | $375.35M | $352.69M | $283.49M | $259.33M | $339.31M | $255.61M | $199.87M | $199.26M | $144.84M |
| Short-term investments | $16.23M | $19.84M | $18.27M | $14.98M | $20.09M | $19.50M | $14.58M | $12.62M | $11.87M | $11.29M |
| Receivables | $108.29M | $105.85M | $77.10M | $89.30M | $96.05M | $47.40M | $42.80M | $40.70M | $35.04M | $29.45M |
| Inventory | $295.67M | $252.69M | $241.34M | $263.15M | $243.97M | $131.23M | $113.53M | $116.20M | $109.15M | $93.86M |
| Current assets | $824.73M | $910.19M | $851.80M | $804.58M | $744.12M | $651.80M | $516.18M | $462.05M | $418.59M | $356.76M |
| Goodwill | $208.84M | $121.97M | $121.93M | $114.55M | $100.99M | $75.09M | $75.09M | $72.92M | - | - |
| Total assets | $1.49B | $1.41B | $1.35B | $1.31B | $1.15B | $951.83M | $810.43M | $725.22M | $674.78M | $607.32M |
| Current liabilities | $335.40M | $303.17M | $273.27M | $293.39M | $294.17M | $237.10M | $172.10M | $174.01M | $176.33M | $140.22M |
| Total liabilities | $387.96M | $342.06M | $320.75M | - | - | - | - | - | - | - |
| Shareholders' equity | $1.10B | $1.06B | $1.03B | $976.29M | $830.46M | $683.64M | $607.59M | $529.59M | $457.11M | $394.41M |
| Line item | Mar 28, 2026 | Mar 29, 2025 | Mar 30, 2024 | Apr 1, 2023 | Apr 2, 2022 | Apr 3, 2021 | Mar 28, 2020 | Mar 30, 2019 | Mar 31, 2018 | Apr 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $267.49M | $178.50M | $224.68M | $255.69M | $144.22M | $114.03M | $101.74M | $32.84M | $58.97M | $45.79M |
| Capital expenditures | $35.41M | $21.43M | $17.42M | $44.11M | $18.65M | $25.54M | $14.34M | $7.64M | $8.39M | $5.29M |
| Free cash flow | $232.09M | $157.07M | $207.26M | $211.59M | $125.57M | $88.49M | $87.40M | $25.20M | $50.58M | $40.50M |
| Investing cash flow | -$222.44M | -$23.95M | -$31.71M | -$129.34M | -$159.10M | -$23.35M | -$25.24M | -$5.82M | -$4.67M | -$7.06M |
| Financing cash flow | -$162.79M | -$147.95M | -$107.71M | -$102.20M | -$65.09M | -$6.98M | -$20.76M | -$26.41M | $124.0K | -$2.96M |
| Share repurchases | $159.89M | $148.68M | $109.31M | $103.41M | $59.60M | $1.44M | $0 | $0 | - | - |
| Stock-based compensation | $12.78M | $8.68M | $6.76M | $6.26M | $5.06M | $4.39M | $3.88M | $3.37M | $2.32M | $2.13M |
| Depreciation and amortization | $23.04M | $19.26M | $18.52M | $16.90M | $11.02M | $6.32M | $5.78M | $4.70M | $4.03M | $3.69M |
| Line item | Mar 28, 2026 | Mar 29, 2025 | Mar 30, 2024 | Apr 1, 2023 | Apr 2, 2022 | Apr 3, 2021 | Mar 28, 2020 | Mar 30, 2019 | Mar 31, 2018 | Apr 1, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 11.4% | 12.3% | -16.2% | 31.7% | 46.8% | 4.4% | 10.3% | 10.5% | 12.6% | 8.6% |
| Net income growth, YoY | 11.4% | 8.4% | -34.4% | 21.7% | 157.9% | 2.1% | 9.4% | 11.6% | 62.0% | 33.0% |
| EPS growth, YoY | 15.8% | 12.7% | -31.8% | 26.3% | 158.7% | 1.9% | 9.5% | 10.8% | 60.2% | 32.4% |
| Gross margin | 23.5% | 23.1% | 23.8% | 25.9% | 25.1% | 21.6% | 21.7% | 21.4% | 20.7% | 20.4% |
| Operating margin | 10.2% | 9.4% | 10.0% | 13.8% | 12.4% | 8.0% | 8.0% | 8.7% | 8.5% | 7.3% |
| Net margin | 8.5% | 8.5% | 8.8% | 11.2% | 12.1% | 6.9% | 7.1% | 7.1% | 7.1% | 4.9% |
| Free cash flow margin | 10.3% | 7.8% | 11.5% | 9.9% | 7.7% | 8.0% | 8.2% | 2.6% | 5.8% | 5.2% |
| Return on equity | 17.3% | 16.1% | 15.3% | 24.6% | 23.8% | 11.2% | 12.4% | 13.0% | 13.5% | 9.6% |
| Return on assets | 12.8% | 12.2% | 11.7% | 18.4% | 17.1% | 8.1% | 9.3% | 9.5% | 9.1% | 6.2% |
| Current ratio | 2.46 | 3.00 | 3.12 | 2.74 | 2.53 | 2.75 | 3.00 | 2.66 | 2.37 | 2.54 |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $656.38M | $609.96M | $550.13M | $580.99M | $556.53M | $556.86M | $508.36M | $522.04M | $507.46M | $477.60M | $420.12M | $446.77M |
| Cost of revenue | $508.77M | $475.37M | $423.07M | $445.07M | $422.12M | $427.35M | $392.24M | $392.09M | $391.34M | $374.20M | $321.10M | $343.72M |
| Gross profit | $147.61M | $134.59M | $127.05M | $135.92M | $134.41M | $129.51M | $116.12M | $129.95M | $116.12M | $103.40M | $99.02M | $103.05M |
| Selling, general and admin | $77.71M | $81.83M | $75.58M | $81.36M | $72.23M | $69.15M | $77.49M | $65.98M | $67.00M | $64.85M | $61.42M | $63.31M |
| Operating income | $69.90M | $52.76M | $51.47M | $54.56M | $62.18M | $60.36M | $38.63M | $63.97M | $49.13M | $38.55M | $37.59M | $39.74M |
| Interest expense | $282.0K | $132.0K | $134.0K | $131.0K | $112.0K | $164.0K | $147.0K | $155.0K | $125.0K | $90.0K | $284.0K | $842.0K |
| Pre-tax income | $73.35M | $55.79M | $54.55M | $57.60M | $67.25M | $65.30M | $42.92M | $69.34M | $54.95M | $43.86M | $42.94M | $43.91M |
| Income tax | $17.91M | $13.52M | $12.09M | $13.53M | $14.87M | $13.65M | $6.59M | $12.87M | $11.13M | $9.43M | $9.00M | $7.92M |
| Net income | $55.44M | $42.27M | $42.46M | $44.07M | $52.38M | $51.64M | $36.33M | $56.46M | $43.81M | $34.43M | $33.93M | $35.99M |
| EPS, basic | $7.22 | $5.48 | $5.50 | $5.65 | $6.62 | $6.49 | $4.52 | $6.97 | $5.33 | $4.15 | $4.09 | $4.31 |
| EPS, diluted | $7.17 | $5.43 | $5.43 | $5.58 | $6.55 | $6.42 | $4.42 | $6.90 | $5.28 | $4.11 | $4.05 | $4.27 |
| Diluted shares | 7.7M | 7.8M | - | 7.9M | 8.0M | 8.0M | - | 8.2M | 8.3M | 8.4M | - | 8.4M |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $271.91M | $243.19M | $236.72M | $224.62M | $374.98M | $368.42M | $375.35M | $362.86M | $364.11M | $378.94M | $352.69M | $366.61M |
| Short-term investments | $17.17M | $18.28M | $16.23M | $17.28M | $16.86M | $17.82M | $19.84M | $16.06M | $24.57M | $20.67M | $18.27M | $16.82M |
| Receivables | $139.24M | $115.86M | $108.29M | $105.96M | $115.65M | $116.26M | $105.85M | $91.84M | $94.30M | $85.05M | $77.10M | $70.50M |
| Inventory | $311.11M | $308.98M | $295.67M | $290.54M | $258.42M | $258.07M | $252.69M | $243.30M | $244.03M | $244.84M | $241.34M | $236.65M |
| Current assets | $882.43M | $837.20M | $824.73M | $816.79M | $934.55M | $915.27M | $910.19M | $877.99M | $901.97M | $877.57M | $851.80M | $833.05M |
| Goodwill | $211.67M | $209.24M | $208.84M | $207.80M | $121.97M | $121.97M | $121.97M | $121.97M | $121.97M | $121.97M | $121.93M | $120.74M |
| Total assets | $1.61B | $1.54B | $1.49B | $1.47B | $1.45B | $1.42B | $1.41B | $1.39B | $1.40B | $1.38B | $1.35B | $1.33B |
| Current liabilities | $420.23M | $375.66M | $335.40M | $328.68M | $318.05M | $317.28M | $303.17M | $285.22M | $311.48M | $296.00M | $273.27M | $271.17M |
| Total liabilities | $474.52M | $431.05M | $387.96M | $382.98M | $362.93M | $354.78M | $342.06M | - | - | - | $320.75M | - |
| Shareholders' equity | $1.14B | $1.11B | $1.10B | $1.09B | $1.09B | $1.06B | $1.06B | $1.06B | $1.04B | $1.04B | $1.03B | $1.01B |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $96.41M | $74.45M | $67.37M | $66.13M | $78.47M | $55.52M | $38.65M | $37.78M | $54.68M | $47.39M | $18.58M | $45.90M |
| Capital expenditures | $29.70M | $25.49M | $8.05M | $8.49M | $9.73M | $9.14M | $6.14M | $5.43M | $4.88M | $4.97M | $4.18M | $4.77M |
| Free cash flow | $66.70M | $48.96M | $59.33M | $57.63M | $68.74M | $46.38M | $32.51M | $32.34M | $49.80M | $42.42M | $14.39M | $41.14M |
| Investing cash flow | -$33.84M | -$27.49M | -$22.59M | -$179.70M | -$12.43M | -$7.71M | -$9.98M | -$2.95M | -$5.68M | -$5.35M | -$5.17M | -$20.12M |
| Financing cash flow | -$30.90M | -$38.36M | -$29.65M | -$43.90M | -$34.51M | -$54.73M | -$31.95M | -$42.42M | -$41.72M | -$31.86M | -$11.27M | -$54.20M |
| Share repurchases | $30.00M | $30.00M | $30.00M | $43.80M | $36.09M | $50.00M | $34.23M | $42.17M | $42.81M | $29.46M | $12.53M | $55.87M |
| Stock-based compensation | $3.05M | $4.10M | $2.52M | $3.17M | $3.53M | $3.56M | $2.03M | $1.75M | $2.71M | $2.19M | $2.06M | $1.71M |
| Depreciation and amortization | $6.88M | $6.69M | $6.38M | $6.16M | $5.33M | $5.17M | $4.96M | $4.78M | $4.76M | $4.76M | $4.67M | $4.62M |
| Line item | Sep 26, 2026 | Jun 27, 2026 | Mar 28, 2026 | Dec 27, 2025 | Sep 27, 2025 | Jun 28, 2025 | Mar 29, 2025 | Dec 28, 2024 | Sep 28, 2024 | Jun 29, 2024 | Mar 30, 2024 | Dec 30, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 17.9% | 9.5% | 8.2% | 11.3% | 9.7% | 16.6% | 21.0% | 16.8% | 12.3% | 0.4% | -11.8% | -10.8% |
| Net income growth, YoY | 5.8% | -18.1% | 16.9% | -22.0% | 19.6% | 50.0% | 7.1% | 56.9% | 5.5% | -25.7% | -28.3% | -39.5% |
| EPS growth, YoY | 9.5% | -15.4% | 22.9% | -19.1% | 24.1% | 56.2% | 9.1% | 61.6% | 10.9% | -22.3% | -25.1% | -35.9% |
| Gross margin | 22.5% | 22.1% | 23.1% | 23.4% | 24.2% | 23.3% | 22.8% | 24.9% | 22.9% | 21.7% | 23.6% | 23.1% |
| Operating margin | 10.6% | 8.6% | 9.4% | 9.4% | 11.2% | 10.8% | 7.6% | 12.3% | 9.7% | 8.1% | 8.9% | 8.9% |
| Net margin | 8.4% | 6.9% | 7.7% | 7.6% | 9.4% | 9.3% | 7.1% | 10.8% | 8.6% | 7.2% | 8.1% | 8.1% |
| Free cash flow margin | 10.2% | 8.0% | 10.8% | 9.9% | 12.4% | 8.3% | 6.4% | 6.2% | 9.8% | 8.9% | 3.4% | 9.2% |
| Current ratio | 2.10 | 2.23 | 2.46 | 2.49 | 2.94 | 2.88 | 3.00 | 3.08 | 2.90 | 2.96 | 3.12 | 3.07 |
Source: XBRL data Cavco Industries Inc. files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| CVCO | $2.40B | +11.8% | $184.24M | 7.7% | $4.91B |
| DHI | $33.35B | -3.5% | $3.07B | 9.2% | $44.09B |
| PHM | $15.98B | -9.3% | $1.80B | 11.2% | $24.88B |
| LEN | $31.97B | -8.0% | $1.31B | 4.1% | $21.79B |
| NVR | $9.32B | -10.8% | $1.05B | 11.2% | $17.09B |
| TOL | $10.76B | -1.1% | $1.20B | 11.1% | $14.34B |
| IBP | $2.99B | +0.7% | $235.70M | 7.9% | $5.93B |
| SKY | $2.72B | +3.5% | $185.83M | 6.8% | $5.06B |
| MTH | - | - | $297.75M | - | $4.58B |