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 Ratings2.6

Latest Updates

Employees (est.) (Apr 2021)4,700(-6%)
Job Openings128
Revenue (FY, 2021)$1.1 B(+5%)
Share Price (Jul 2021)$213.3(-3%)
Cybersecurity ratingAMore

Key People/Management at Cavco

William C. Boor

William C. Boor

President and Chief Executive Officer, Director
David A. Greenblatt

David A. Greenblatt

Director
Simone Reynolds

Simone Reynolds

Senior Vice President & Chief Human Resources Officer
Mickey R. Dragash

Mickey R. Dragash

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

Steven G. Bunger

Chairman of the Board of Directors
Paul Bigbee

Paul Bigbee

Chief Accounting Officer
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Cavco Office Locations

Cavco has offices in Phoenix, Goodyear and Seguin
Phoenix, AZ, US (HQ)
3636 N Central Ave #1200
Goodyear, AZ, US
1366 S Litchfield Rd
Phoenix, AZ, US
2502 W Durango St
Seguin, TX, US
2301 TX-46, Seguin, TX 78155, USA
Show all (4)

Cavco Financials and Metrics

Cavco Revenue

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View revenue for all periods
Cavco's revenue was reported to be $1.11 b in FY, 2021
USD

Revenue (FY, 2021)

1.1b

Gross profit (FY, 2021)

239.0m

Gross profit margin (FY, 2021), %

21.6%

Net income (FY, 2021)

76.6m

EBIT (FY, 2021)

88.8m

Market capitalization (22-Jul-2021)

2.0b

Closing stock price (22-Jul-2021)

213.3

Cash (3-Apr-2021)

322.3m

EV

1.7b
Cavco's current market capitalization is $2 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

871.2m962.7m1.1b1.1b

Revenue growth, %

13%11%10%

Cost of goods sold

690.6m757.0m831.3m869.1m

Gross profit

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

Revenue

246.4m241.5m233.7m264.0m268.7m273.7m254.8m258.0m288.8m

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

186.8m187.4m241.8m322.3m

Accounts Receivable

35.0m40.7m42.8m47.4m

Prepaid Expenses

57.8m

Inventories

109.2m116.2m113.5m131.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

177.5m195.5m192.9m199.8m190.5m216.9m270.5m312.2m327.5m

Accounts Receivable

39.9m38.1m35.9m42.0m44.9m39.4m38.2m36.9m40.9m

Prepaid Expenses

55.8m

Inventories

110.4m111.5m115.4m118.5m115.2m110.1m106.4m111.9m110.6m
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

61.5m68.6m75.1m76.6m

Depreciation and Amortization

4.0m4.7m5.8m6.3m

Inventories

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

Accounts Payable

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

Net Income

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

Depreciation and Amortization

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

Inventories

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

Accounts Payable

1.8m5.9m(3.3m)(1.4m)4.2m(3.3m)7.2m20.4m20.2m
USDFY, 2018

Revenue/Employee

198.0k

Debt/Equity

0.1 x

Financial Leverage

1.5 x
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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
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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

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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

94/100

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 News and Updates

Cavco Industries Inc Ranked Among Today’s Top Buys

Stocks were mixed this morning, with the three major indices trading flat after an unexpected rise in jobless claims this morning. Make the most of this market with today's Top Buys.

Cavco Industries Announces Major Expansion to Fort Worth, Texas Production Facility

New exterior building will allow facility to significantly ramp up production to meet growing demand for manufactured homes New exterior building will allow facility to significantly ramp up production to meet growing demand for manufactured homes

Cavco Industries Reports Strong Fiscal 2021 Fourth Quarter and Year End Results

PHOENIX, May 26, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended April 3, 2021. Fiscal year 2021 was a 53 week year, with the extra week falling in the fourth quarter.

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2021 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

PHOENIX, May 19, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the fourth quarter and fiscal year ended April 3, 2021 on Wednesday, May 26, 2021 after the close of market. Senior management will discuss the results in a live webcast the following day, Thu…

Cavco Industries, Inc. Announces Charley Lott to Retire as President of Fleetwood Homes, Inc.; Brian Cira Named President, Manufactured Housing of Cavco Industries, Inc.

PHOENIX, May 03, 2021 (GLOBE NEWSWIRE) -- Cavco Industries (NASDAQ: CVCO) ("Cavco" or the "Company") announces that after a career of more than 50 years as a respected leader in the manufactured home industry, Charley Lott has decided to retire from Cavco's subsidiary Fleetwood Homes, Inc. and as …

Cavco Industries Announces New Park Model Facility in Arizona

PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced the purchase of a newly constructed building which will be developed into a production facility in Glendale, Arizona. The 118,000 square-foot-facility will be used for production of park models, cabin…
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Cavco Blogs

Agreement Signed to Purchase Commodore Corporation

PHOENIX, AZ, July 26, 2021 – Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco” or the “Company”) announced today that it has signed a binding offer to... Read More The post Agreement Signed to Purchase Commodore Corporation appeared first on Cavco Industries, Inc..

Information Request New

Test The post Information Request New appeared first on Cavco Industries, Inc..

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 Simone Reynolds.

  • How many employees does Cavco have?

    Cavco has 4,700 employees.

  • What is Cavco revenue?

    Latest Cavco annual revenue is $1.1 b.

  • What is Cavco revenue per employee?

    Latest Cavco revenue per employee is $235.8 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, Goodyear and Seguin.

  • How many offices does Cavco have?

    Cavco has 4 offices.