As a family of home builders and home service companies, Cavco Industries is a leading builder of Manufactured Homes and Modular Homes, Park Model RVs, Commercial Buildings and Vacation Cabins in the United States. We build and sell some of the most widely recognized brand names in the industry including Cavco Homes, Fleetwood Homes, Palm Harbor Homes, Fairmont Homes and Chariot Eagle. Our manufactured homes, modular homes, cabins and park model RVs are precision built in controlled indoor environments at an attractive value and within shorter completion times than on-site construction methods. Our homes are available to the public through independent local dealers and company-owned retail model centers across the country. We customize styles and specifications for the exclusive use of land/lease communities, subdivision developers, resort properties and workforce housing. Our insurance group, Standard Casualty, offers a wide range of insurance products for manufactured home owners, and its finance subsidiary, CountryPlace Mortage, supplies a variety of homebuyer financing options. Based in Phoenix, Arizona, Cavco has built a reputation for quality, value and service since it was founded in 1965. Publicly traded on the Nasdaq GlobalSelect Market (symbol CVCO), we have a commitment to our stockholders, our associates and our home buyers to provide quality housing and exceptional service.
Type
Public
HQ
Phoenix, US
Founded
1969
Size (employees)
3,750 (est)
Website
cavco.com
Cavco was founded in 1969 and is headquartered in Phoenix, US

Cavco Office Locations

Cavco has an office in Phoenix
Phoenix, US (HQ)
800 1001 N Central Ave

Cavco Data and Metrics

Cavco Financial Metrics

Cavco's revenue was reported to be $773.8 m in FY, 2017 which is a 9% increase from the previous period.
USD

Revenue (FY, 2017)

773.8 m

Revenue growth (FY, 2016 - FY, 2017), %

9%

Gross profit (FY, 2017)

158 m

Gross profit margin (FY, 2017), %

20%

Net income (FY, 2017)

38 m

EBIT (FY, 2017)

56.8 m

Market capitalization (21-Jul-2017)

1.2 b

Cash (01-Apr-2017)

132.5 m
Cavco's current market capitalization is $1.2 b.
USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

533.3 m566.7 m712.4 m773.8 m

Revenue growth, %

6%26%9%

Cost of goods sold

413.9 m440.5 m567.9 m615.8 m

Gross profit

119.5 m126.1 m144.4 m158 m

Gross profit Margin, %

22%22%20%20%

General and administrative expense

101.2 m

Operating expense total

101.2 m

EBIT

31.5 m38.5 m46.3 m56.8 m

EBIT margin, %

6%7%7%7%

Interest expense

4.8 m4.6 m4.4 m(4.4 m)

Pre tax profit

27.8 m37.3 m44 m55.3 m

Income tax expense

(9.1 m)(13.5 m)(15.5 m)(17.3 m)

Net Income

18.7 m23.8 m28.5 m38 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

72.9 m96.6 m97.8 m132.5 m

Accounts Receivable

20.8 m27 m29.1 m31.2 m

Inventories

69.7 m75.3 m94.8 m93.9 m

Current Assets

227.8 m265.5 m298.7 m356.8 m

PP&E

48.2 m44.7 m55.1 m57 m

Total Assets

469.2 m502.6 m553.8 m607.3 m

Accounts Payable

15.3 m17.8 m18.5 m24 m

Current Liabilities

99 m101.5 m125.1 m140.2 m

Additional Paid-in Capital

232.1 m237.9 m241.7 m244.8 m

Retained Earnings

57.8 m81.6 m110.2 m148.1 m

Total Equity

353.2 m394.4 m

Financial Leverage

1.6 x1.5 x
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

18.7 m23.8 m28.5 m38 m

Depreciation and Amortization

4 m3.8 m3.9 m3.7 m

Accounts Receivable

(2.1 m)(6.2 m)3.3 m(2.1 m)

Inventories

(924 k)(5.6 m)(4 m)958 k

Cash From Operating Activities

46.8 m25.7 m43.5 m44.8 m

Purchases of PP&E

(2.3 m)(2.2 m)(3.5 m)(5.3 m)

Cash From Investing Activities

(9.7 m)(2.1 m)(38.2 m)(7.1 m)

Cash From Financing Activities

(12 m)49 k(4.1 m)(3 m)

Interest Paid

4.7 m4.1 m3.9 m3.4 m

Income Taxes Paid

6.8 m7.4 m15.4 m18.1 m
USDY, 2017

Revenue/Employee

206.3 k

Financial Leverage

1.5 x

Cavco Market Value History

Cavco Online and Social Media Presence

Cavco Company Life and Culture

You may also be interested in