Cavco

OverviewSuggest Edit

Cavco Industries designs and produces factory-built housing products primarily distributed through a network of independent and company-owned retailers. It also builds park model RVs, vacation cabins, and systems-built commercial structures, such as apartment buildings, condominiums, hotels, workforce housing, schools, and housing for military troops.

TypePublic
Founded1969
HQPhoenix, AZ, US
Websitecavco.com
Employee Ratings2.8
Overall CultureD

Latest Updates

Employees (est.) (Apr 2021)4,700(-6%)
Job Openings126
Revenue (FY, 2022)$1.6 B(+47%)
Share Price (Aug 2022)$262.1(+2%)
Cybersecurity ratingAMore
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Key People/Management at Cavco

William C. Boor

William C. Boor

President, Chief Executive Officer
David A. Greenblatt

David A. Greenblatt

Director
Mickey R. Dragash

Mickey R. Dragash

Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer
Steven G. Bunger

Steven G. Bunger

Director
Paul Bigbee

Paul Bigbee

Chief Accounting Officer
Susan L. Blount

Susan L. Blount

Director
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Cavco Office Locations

Cavco has offices in Phoenix and Goodyear
Phoenix, AZ, US (HQ)
3636 N Central Ave #1200
Goodyear, AZ, US
1366 S Litchfield Rd
Show all (2)

Cavco Financials and Metrics

Cavco Revenue

Cavco's revenue was reported to be $1.63 b in FY, 2022
USD

Revenue (FY, 2022)

1.6b

Gross profit (FY, 2022)

408.7m

Net income (FY, 2022)

197.7m

EBIT (FY, 2022)

202.5m

Market capitalization (1-Aug-2022)

2.4b

Closing stock price (1-Aug-2022)

262.1

Cash (2-Apr-2022)

244.2m
Cavco's current market capitalization is $2.4 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Revenue

871.2m962.7m1.1b1.1b1.6b

Revenue growth, %

13%11%10%

Cost of goods sold

690.6m757.0m831.3m869.1m1.2b

Gross profit

180.7m205.7m230.5m239.0m408.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

246.4m241.5m233.7m264.0m268.7m273.7m254.8m258.0m288.8m330.4m359.5m431.7m

Cost of goods sold

194.9m192.1m184.7m203.7m210.2m213.9m199.5m204.4m229.5m256.4m269.6m316.5m

Gross profit

51.5m49.4m49.0m60.3m58.5m59.9m55.3m53.5m59.2m74.0m89.9m115.2m

Gross profit Margin, %

21%20%21%23%22%22%22%21%21%
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Cash

186.8m187.4m241.8m322.3m244.2m

Accounts Receivable

35.0m40.7m42.8m47.4m96.1m

Prepaid Expenses

57.8m71.7m

Inventories

109.2m116.2m113.5m131.2m244.0m
Quarterly
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Net Income

61.5m68.6m75.1m76.6m197.7m

Depreciation and Amortization

4.0m4.7m5.8m6.3m11.0m

Inventories

(13.4m)(7.1m)8.3m(17.7m)(73.8m)

Accounts Payable

7.3m4.7m6.4m47.2m38.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

19.7m35.3m48.7m21.3m42.2m63.1m16.7m31.7m51.4m27.0m64.7m144.3m

Depreciation and Amortization

1.1m2.3m3.5m1.2m2.6m4.2m1.6m3.2m4.7m1.6m3.2m6.8m

Inventories

(1.3m)(2.3m)(6.3m)(2.3m)6.5m11.6m7.1m1.7m2.9m(19.7m)(20.0m)(29.9m)

Accounts Payable

1.8m5.9m(3.3m)(1.4m)4.2m(3.3m)7.2m20.4m20.2m11.5m16.9m13.0m
USDFY, 2018

Revenue/Employee

198.0k

Debt/Equity

0.1 x

Financial Leverage

1.5 x
Show all financial metrics

Cavco Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021

Countries

32222222222

States

474442

Owned U.S. Retail Outlets

3939383838383939393940

Manufacturing Facilities

2020202020202020202020

Cavco Acquisitions / Subsidiaries

Company NameDateDeal Size
Fairmont HomesMay 04, 2015
Chariot Eagle, LLC
CountryPlace Acceptance Corp.
CountryPlace Acceptance GP, LLC
CountryPlace Acceptance LP, LLC
CountryPlace Funding, Inc.
CountryPlace Holdings, LLC
CountryPlace Mortgage, Ltd.
CountryPlace Securitization, LLC
CRG Holdings, LLC
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Cavco Revenue Breakdown

Embed Graph

Cavco revenue breakdown by business segment: 94.1% from Factory-Built Housing and 5.9% from Financial Services

Cavco Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Cavco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Cavco Online and Social Media Presence

Embed Graph

Cavco Company Culture

  • Overall Culture

    D

    57/100

  • CEO Rating

    C+

    67/100

  • Compensation

    D

    55/100

Learn more on Comparably

Cavco News and Updates

Bragar Eagel & Squire, P.C. Is Investigating Cavco, Discover, MINISO, and the WWE and Encourages Investors to Contact the Firm

NEW YORK, July 31, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Cavco Industries, Inc. (NASDAQ: CVCO), Discover Financial Services (NYSE: DFS), MINISO Group Holding Limited (NYSE: MNSO), and…

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – CVCO

NEW YORK, July 28, 2022 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially mislead…

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2023 First Quarter Earnings Release and Conference Call Webcast

PHOENIX, July 28, 2022 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the first quarter ended July 2, 2022 on Thursday, August 4, 2022 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, August 5, 2…

Bragar Eagel & Squire, P.C. Is Investigating TD, Cavco, Discover, and the WWE and Encourages Investors to Contact the Firm

NEW YORK, July 25, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Toronto-Dominion Bank (NYSE: TD), Cavco Industries, Inc. (NASDAQ: CVCO), Discover Financial Services (NYSE: DFS), and World Wr…

ROSEN, A LEADING LAW FIRM, Encourages Cavco Industries, Inc. Investors with Losses to Inquire About Securities Class Action Investigation - CVCO

NEW YORK, July 22, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cavco Industries, Inc. - CVCO

NEW YORK, July 18, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cavco Industries, Inc. ("Cavco" or the "Company") (NASDAQ: CVCO). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The...
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Cavco Blogs

2022 Homes on the Hill

In collaboration with the Innovative Housing Showcase hosted by the U.S. Department of Housing and Urban Development (HUD), the Manufactured Housing Institute’s (MHI’s) “Homes on the Hill” advocacy initiative made... Read More The post 2022 Homes on the Hill appeared first on Cavco Industries, Inc..

Palm Harbor Millersburg Celebrates Key Production Milestone

Facility produces 15,000th manufactured home since beginning operations 27 years ago, continuing to help families achieve the dream of home ownership. MILLERSBURG, Ore., May 24,... Read More The post Palm Harbor Millersburg Celebrates Key Production Milestone appeared first on Cavco Industries, Inc.…

Cavco Announces Closing of Acquisition of Manufacturing Facility in North Carolina

PHOENIX, April 21, 2022 – Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco”) today announced its closing of the acquisition of a 184,000 square-foot manufacturing facility in... Read More The post Cavco Announces Closing of Acquisition of Manufacturing Facility in North Carolina appeared first on Cavco…

Cavco Wins MHI’s Inaugural “Community Impact Project of the Year” Award

PHOENIX, April 12, 2022 – Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) today announced that the Company has won the Manufactured Housing Institute’s... Read More The post Cavco Wins MHI’s Inaugural “Community Impact Project of the Year” Award appeared first on Cavco Industries, I…

Cavco Industries Announces Acquisition of Manufacturing Facility in North Carolina

PHOENIX, February 28, 2022 – Cavco Industries, Inc. (Nasdaq: CVCO) today announced that an agreement has been signed to acquire a 184,000 square-foot manufacturing facility... Read More The post Cavco Industries Announces Acquisition of Manufacturing Facility in North Carolina appeared first on Cavc…

Cavco Named to Forbes List of America’s Best Mid-Sized Companies for 2022

Cavco Industries, Inc. was recently named to the Forbes America’s Best Mid-Sized Companies list for 2022. To rank these top 100 performers, Forbes analyzed more... Read More The post Cavco Named to Forbes List of America’s Best Mid-Sized Companies for 2022 appeared first on Cavco Industries, Inc..
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Cavco Frequently Asked Questions

  • When was Cavco founded?

    Cavco was founded in 1969.

  • Who are Cavco key executives?

    Cavco's key executives are William C. Boor, David A. Greenblatt and Mickey R. Dragash.

  • How many employees does Cavco have?

    Cavco has 4,700 employees.

  • What is Cavco revenue?

    Latest Cavco annual revenue is $1.6 b.

  • What is Cavco revenue per employee?

    Latest Cavco revenue per employee is $346.2 k.

  • Who are Cavco competitors?

    Competitors of Cavco include LCI Industries, Berkshire Hathaway and Skyline Champion.

  • Where is Cavco headquarters?

    Cavco headquarters is located at 3636 N Central Ave #1200, Phoenix.

  • Where are Cavco offices?

    Cavco has offices in Phoenix and Goodyear.

  • How many offices does Cavco have?

    Cavco has 2 offices.