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Nasdaq · Materials

Cavco Industries, Inc. (CVCO)

As-reported financials and SEC filings for Cavco Industries, Inc. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Cavco Industries, Inc.

Cavco Industries, Inc. designs and manufactures factory-built homes, including manufactured homes, park model RVs, vacation cabins, and modular commercial structures. The company distributes its products through a network of independent and company-owned retailers, planned community operators, and residential developers across the United States and Canada. Cavco also offers mortgage financing through its subsidiary CountryPlace Acceptance Corp. and provides property and casualty insurance for manufactured home owners via its subsidiary Standard Casualty Company.

Snapshot

Revenue
$2.24B
Revenue growth (YoY)
11.4%
Net income
$190.6M
Diluted EPS
$23.98
Gross margin
23.5%
Operating margin
10.2%
Net margin
8.5%
FCF margin
10.3%
ROE
17.3%
net income / fiscal-year-end equity
P/E
23.0×
trailing when available, otherwise FY EPS
Market cap
$3.89B
Long-term debt / equity
—
non-current term debt only

Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 28, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Cavco Industries

  • Revenue grew 11.4% to $2.2B in FY2026, in line with the 12.3% the year before.
  • Operating margin is 10.2% in FY2026, -2.3 pp against 12.4% in FY2022.
  • Most recent quarter Q1 FY2027: revenue $610M, up 9.5% from Q1 FY2026.
  • Free cash flow was $232M in FY2026, 10.3% of revenue.
  • Net income rose 11.4% to $191M in FY2026.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Cavco Industries’s fundamentals sit among the 225 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin23.5%
43rd percentile of 177
Operating margin10.2%
72nd percentile of 174
Net margin8.5%
76th percentile of 206
FCF margin10.3%
80th percentile of 191
Revenue growth (YoY)+11.4%
78th percentile of 220
ROE17.3%
83rd percentile of 200
P/E23.0×
63rd percentile of 114
Short interest3.04d
34th percentile of 221

No reported insider purchases (code P) in the last 90 days; 2 insider sales totaling $219,563. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+7 quant / multi-strat
Initiated / added
6
1 new, 5 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$175.2M
reported long value
InvestorAs ofPosition valueSharesChange
Point72 Asset ManagementquantQ2 2026$67.3M109.5KAdded
Renaissance TechnologiesquantQ2 2026$25.9M42.2KAdded
Duquesne Family OfficeQ2 2026$24.3M39.5KNew
Millennium ManagementquantQ2 2026$21.5M35.1KReduced
AQR Capital ManagementquantQ2 2026$14.0M22.8KAdded
D. E. ShawquantQ2 2026$11.0M17.9KAdded
Citadel AdvisorsquantQ2 2026$7.3M11.9KReduced
Two Sigma InvestmentsquantQ2 2026$3.8M6.2KAdded

No longer held by: Bridgewater Associates (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
2
$220K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
filed 2026-08-19
Paul BigbeeChief Accounting OfficerSell342$592.00$202K
2026-07-30
filed 2026-08-03
Lisa Lynn DanielsDirectorSell30$569.96$17K
2026-06-25
filed 2026-06-26
Allison AdenEVP, CFO & TreasurerSell1.5K$625.00$921K
2026-06-12
filed 2026-06-15
Allison AdenEVP, CFO & TreasurerSell1.2K$600.00$725K
2026-06-09
filed 2026-06-11
Richard A. KerleyDirectorSell500$588.76$294K
2026-05-28
filed 2026-06-01
Paul BigbeeChief Accounting OfficerSell200$537.75$108K
2026-05-22
filed 2026-05-27
Brian R. CiraPresident,Manufactured HousingSell31$509.17$16K
2026-05-15
filed 2026-05-19
Allison AdenEVP, CFO & TreasurerSell129$455.76$59K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
342.8K
settled 2026-09-30
Change vs prior
-5.4%
vs previous settlement
Days to cover
3.04
at avg daily volume
Avg daily volume
112.6K
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-30342.8K-5.4%3.04
2026-09-15362.2K+2.0%3.71
2026-08-31355.0K-3.2%4.31
2026-08-14366.8K-2.1%2.80
2026-07-31374.7K-15.5%3.20
2026-07-15443.6K-0.9%4.91
2026-06-30447.8K+0.2%3.01
2026-06-15447.1K-2.3%4.17

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2026FY2025FY2024FY2023FY2022
Revenue$2.24B$2.02B$1.79B$2.14B$1.63B
Gross profit
Operating income$228.6M$190.3M$179.0M$296.6M$202.5M
Net income$190.6M$171.0M$157.8M$240.6M$197.7M
Diluted EPS$23.98$20.71$18.37$26.95$21.34

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2026FY2025FY2024FY2023FY2022
Cash and equivalents$236.7M$356.2M$352.7M$271.4M$244.2M
Current assets$824.7M$910.2M$851.8M$804.6M$744.1M
Total assets$1.49B$1.41B$1.35B$1.31B$1.15B
Current liabilities$335.4M$303.2M$273.3M$293.4M$294.2M
Long-term debt—————
Total liabilities$388.0M$342.1M$320.7M
Total equity$1.10B$1.06B$1.03B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2026FY2025FY2024FY2023FY2022
Operating cash flow$267.5M$178.5M$224.7M$255.7M$144.2M
Capital expenditure$35.4M$21.4M$17.4M$44.1M$18.7M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2027$610.0M9.5%$42.3M$5.43
Q4 FY20268.2%
Q3 FY2026$581.0M11.3%$44.1M$5.58
Q2 FY2026$556.5M9.7%$52.4M$6.55
Q1 FY2026$556.9M16.6%$51.6M$6.42
Q4 FY202521.0%
Q3 FY2025$522.0M16.8%$56.5M$6.90
Q2 FY2025$507.5M12.3%$43.8M$5.28

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNasdaq
SectorMaterials
SIC industryMobile Homes
Latest annual periodFY2026 (ended March 28, 2026)
Latest reported quarterQ1 FY2027 (ended June 27, 2026)
Oldest indexed filing2005
SEC CIK278166

Selected SEC filings

10-K2026-05-22
View on EDGAR →
10-Q2026-07-31
View on EDGAR →
8-K2026-07-31
View on EDGAR →
8-K2026-07-30
View on EDGAR →
8-K2026-05-22
View on EDGAR →

Largest Materials peers

All Materials companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.