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 Ratings2.3

Latest Updates

Employees (est.) (Mar 2020)5,000(+8%)
Job Openings106
Revenue (FY, 2020)$1.1 B(+11%)
Share Price (Apr 2021)$215.9
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 $1.06 b in FY, 2020 which is a 10.3% increase from the previous period.
USD

Revenue (Q3, 2021)

288.8m

Gross profit (Q3, 2021)

59.2m

Gross profit margin (Q3, 2021), %

20.5%

Net income (Q3, 2021)

19.7m

EBIT (Q3, 2021)

23.8m

Market capitalization (23-Apr-2021)

2.0b

Closing stock price (23-Apr-2021)

215.9

Cash (26-Dec-2020)

327.5m

EV

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

Revenue

871.2m962.7m1.1b

Revenue growth, %

13%11%10%

Cost of goods sold

690.6m757.0m831.3m

Gross profit

180.7m205.7m230.5m
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, 2020

Cash

186.8m187.4m241.8m

Accounts Receivable

35.0m40.7m42.8m

Inventories

109.2m116.2m113.5m

Current Assets

418.6m462.0m516.2m
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, 2020

Net Income

61.5m68.6m75.1m

Depreciation and Amortization

4.0m4.7m5.8m

Inventories

(13.4m)(7.1m)8.3m

Accounts Payable

7.3m4.7m6.4m
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

EV/EBIT

19.1 x

EV/CFO

24 x

Revenue/Employee

198.0k

Debt/Equity

0.1 x

Financial Leverage

1.5 x

P/E Ratio

26.0
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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

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

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Cavco News and Updates

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…

Cavco Industries Reports Fiscal 2021 Third Quarter Results

PHOENIX, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the third fiscal quarter ended December 26, 2020.

Global Prefabricated Housing SWOT Analysis and Forecast 2026 | Lindal Cedar Homes, Algeco, Butler Manufacturing Company, Astron Buildings, Bouygues SA, Ritz-Craft Corporation,Cavco Industries, Skyline Corporation

WiseGuyRerports.com Presents “Global Prefabricated Housing Market Size, Status and Forecast 2020-2026” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Cavco Industries Reports Fiscal 2020 Fourth Quarter and Year End Results

PHOENIX, May 26, 2020 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the fourth quarter and fiscal year ended March 28, 2020. As previously reported, on August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufac…

Cavco Industries Reports Fiscal 2020 Second Quarter Results

PHOENIX, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) today announced financial results for the second fiscal quarter ended September 28, 2019. On August 2, 2019, the Company completed the acquisition of Destiny Homes, which operates a manufactured and modular housing fa…

Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2020 Second Quarter Earnings Release and Conference Call Webcast

PHOENIX, Oct. 21, 2019 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq:CVCO) will release earnings for the second quarter ended September 28, 2019 on Monday, October 28, 2019 after the close of market. Senior management will discuss the results in a live webcast the following day, Tuesday, Octo…
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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 Simone Reynolds.

  • How many employees does Cavco have?

    Cavco has 5,000 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 $212.4 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.