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 Metrics

Cavco Financial Metrics

Revenue (2016)

$712.4 m

Revenue growth (2015-16), %

26%

Gross profit

$144.4 m

Gross profit margin (2016), %

20%

Net income (2016)

$28.5 m

Market capitalization (21-Mar-2017)

$1.1 b

Closing share price (21-Mar-2017)

$117.9

Cash (02-Apr-2016)

$97.8 m
Cavco's current market capitalization is $1.1 b.
Cavco's revenue was reported to be $712.4 m in FY, 2016 which is a 25.7% increase from the previous period.
FY, 2014FY, 2015FY, 2016

Revenue

$533.3 m$566.7 m$712.4 m

Revenue growth, %

6%26%

Cost of goods sold

$413.9 m$440.5 m$567.9 m

Gross profit

$119.5 m$126.1 m$144.4 m

Gross profit Margin, %

22%22%20%

EBIT

$31.5 m$38.5 m$46.3 m

EBIT margin, %

6%7%7%

Pre tax profit

$27.8 m$37.3 m$44 m

Net Income

$18.7 m$23.8 m$28.5 m
FY, 2014FY, 2015FY, 2016

Cash

$72.9 m$96.6 m$97.8 m

Accounts Receivable

$20.8 m$27 m$29.1 m

Inventories

$69.7 m$75.3 m$94.8 m

Current Assets

$227.8 m$265.5 m$298.7 m

PP&E

$48.2 m$44.7 m$55.1 m

Total Assets

$469.2 m$502.6 m$553.8 m

Accounts Payable

$15.3 m$17.8 m$18.5 m

Current Liabilities

$99 m$101.5 m$125.1 m

Additional Paid-in Capital

$232.1 m$237.9 m$241.7 m

Retained Earnings

$57.8 m$81.6 m$110.2 m

Total Equity

$353.2 m

Financial Leverage

1.6 x
FY, 2014FY, 2015FY, 2016

Net Income

$18.7 m$23.8 m$28.5 m

Depreciation and Amortization

$4 m$3.8 m$3.9 m

Accounts Receivable

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

Inventories

($924 k)($5.6 m)($4 m)

Accounts Payable

Cash From Operating Activities

$46.8 m$25.7 m$43.5 m

Purchases of PP&E

($2.3 m)($2.2 m)($3.5 m)

Cash From Investing Activities

($9.7 m)($2.1 m)($38.2 m)

Interest Paid

$4.7 m$4.1 m$3.9 m

Income Taxes Paid

$6.8 m$7.4 m$15.4 m

Cavco Market Value History

Cavco Online Presence

Cavco Company Life

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