📊 CVCO Key Takeaways
Is Cavco Industries, Inc.. (CVCO) a Good Investment?
CAVCO demonstrates fortress-like financial fundamentals with zero long-term debt, exceptional cash flow generation ($232.1M FCF, 10.3% of revenue), and strong liquidity ratios. While 11.4% revenue growth is solid, the critical concern is flat net income growth despite scale, signaling margin compression that warrants monitoring before increasing conviction.
Cavco Industries shows strong fundamental quality with double-digit revenue growth, solid gross and operating profitability, and robust free cash flow generation. The balance sheet is a major strength, with substantial cash, no meaningful long-term debt, and strong liquidity, which supports resilience through housing-cycle volatility. The main constraint is that net income was flat despite higher sales, suggesting margin expansion may be harder from here unless execution and demand remain favorable.
Cavco Industries, Inc.. Key Strengths (CVCO)
- Zero long-term debt with $236.7M cash provides exceptional financial flexibility and downside protection
- Excellent cash flow generation: $232.1M free cash flow (10.3% margin) demonstrates operational cash conversion
- Strong profitability metrics: 17.3% ROE, 12.8% ROA, and 8.5% net margin indicate efficient capital deployment
- Superior liquidity with 2.46x current ratio and 1.58x quick ratio well above industry benchmarks
- Debt-free balance sheet with strong liquidity and over $224M in cash
- Healthy profitability profile with 23.6% gross margin, 10.5% operating margin, and double-digit returns on equity and assets
- High-quality cash generation with $200.12M operating cash flow and $172.76M free cash flow
CVCO Stock Risks: Cavco Industries, Inc.. Investment Risks
- Net income flatlined despite 11.4% revenue growth indicates margin compression requiring investigation into cost structure or product mix
- Cyclical mobile homes sector vulnerable to housing market slowdowns and economic downturns
- Capital structure not optimized: significant debt capacity unused despite strong cash generation suggests potential inefficiency
- Net income was flat year over year despite 12.3% revenue growth, indicating possible margin or cost pressure
- Mobile housing demand is cyclical and sensitive to broader economic and consumer financing conditions
- Moderate net margin of 8.7% leaves earnings somewhat exposed if input costs or pricing worsen
Key Metrics to Watch
- Gross margin trend—continued compression would signal structural headwinds or input cost inflation
- Operating margin expansion—validate if flat net income reflects temporary pressures or permanent margin loss
- Free cash flow sustainability—ensure continued conversion despite revenue growth trajectory
- Inventory and working capital efficiency—critical for cyclical manufacturing exposure
- Capital allocation decisions—monitor deployment of $232M annual FCF given no debt and fortress balance sheet
- Operating margin and net margin trends
- Revenue growth relative to free cash flow growth
Cavco Industries, Inc.. (CVCO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.46x current ratio provides a solid financial cushion.
CVCO Profit Margin, ROE & Profitability Analysis
CVCO vs Market Sector: How Cavco Industries, Inc.. Compares
How Cavco Industries, Inc.. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Cavco Industries, Inc.. Stock Overvalued? CVCO Valuation Analysis 2026
Based on fundamental analysis, Cavco Industries, Inc.. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Cavco Industries, Inc.. Balance Sheet: CVCO Debt, Cash & Liquidity
CVCO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Cavco Industries, Inc..'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $18.37 reflects profitable operations.
CVCO Revenue Growth, EPS Growth & YoY Performance
CVCO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2026 | $522.0M | $34.4M | $5.58 |
| Q2 2026 | $507.5M | $34.4M | $5.28 |
| Q1 2026 | $477.6M | $34.4M | $4.11 |
| Q3 2025 | $446.8M | $36.0M | $4.27 |
| Q2 2025 | $452.0M | $41.5M | $4.76 |
| Q1 2025 | $475.9M | $34.4M | $4.11 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Cavco Industries, Inc.. Dividends, Buybacks & Capital Allocation
CVCO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Cavco Industries, Inc.. (CIK: 0000278166)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Jun 1, 2026 | 4 | xslF345X06/wk-form4_1780355749.xml | View → |
| Jun 1, 2026 | 4 | xslF345X06/wk-form4_1780346080.xml | View → |
| May 27, 2026 | 4 | xslF345X06/wk-form4_1779922819.xml | View → |
| May 27, 2026 | 4 | xslF345X06/wk-form4_1779922802.xml | View → |
| May 27, 2026 | 4 | xslF345X06/wk-form4_1779922776.xml | View → |
❓ Frequently Asked Questions about CVCO
What is the AI rating for CVCO?
Cavco Industries, Inc.. (CVCO) has a Combined AI Grade of A from Claude (A) and ChatGPT (A) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are CVCO's key strengths?
Claude: Zero long-term debt with $236.7M cash provides exceptional financial flexibility and downside protection. Excellent cash flow generation: $232.1M free cash flow (10.3% margin) demonstrates operational cash conversion. ChatGPT: Debt-free balance sheet with strong liquidity and over $224M in cash. Healthy profitability profile with 23.6% gross margin, 10.5% operating margin, and double-digit returns on equity and assets.
What are the risks of investing in CVCO?
Claude: Net income flatlined despite 11.4% revenue growth indicates margin compression requiring investigation into cost structure or product mix. Cyclical mobile homes sector vulnerable to housing market slowdowns and economic downturns. ChatGPT: Net income was flat year over year despite 12.3% revenue growth, indicating possible margin or cost pressure. Mobile housing demand is cyclical and sensitive to broader economic and consumer financing conditions.
What is CVCO's revenue and growth?
Cavco Industries, Inc.. reported revenue of $2.2B.
Does CVCO pay dividends?
Cavco Industries, Inc.. does not currently pay dividends.
Where can I find CVCO SEC filings?
Official SEC filings for Cavco Industries, Inc.. (CIK: 0000278166) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CVCO's EPS?
Cavco Industries, Inc.. has a diluted EPS of $23.98.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is CVCO's fundamental grade?
Based on our AI fundamental analysis in June 2026, Cavco Industries, Inc.. has a A grade with 80% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is CVCO stock overvalued or undervalued?
Valuation metrics for CVCO: ROE of 17.3% (sector avg: 15%), net margin of 8.5% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
What is CVCO's AI grade for 2026?
Our dual AI analysis gives Cavco Industries, Inc.. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is CVCO's free cash flow?
Cavco Industries, Inc..'s operating cash flow is $267.5M, with capital expenditures of $35.4M. FCF margin is 10.3%.
How does CVCO compare to other Market stocks?
Vs Default sector averages: Net margin 8.5% (avg: 12%), ROE 17.3% (avg: 15%), current ratio 2.46 (avg: 1.8).