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.
Company Growth (employees)
Type
Public
HQ
Phoenix, US
Founded
1969
Size (employees)
4,300 (est)+15%
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 Financials and Metrics

Cavco Financials

Cavco's revenue was reported to be $773.8 m in FY, 2017
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 (13-Nov-2017)

1.3 b

Cash (01-Apr-2017)

132.5 m
Cavco's current market capitalization is $1.3 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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Revenue

129.8 m138.3 m139.2 m139.3 m146.9 m161.7 m192 m181.4 m188.3 m185.1 m202.3 m206.8 m

Cost of goods sold

99.9 m106.7 m107.4 m107.7 m115.1 m129.8 m152.4 m145 m149.2 m151.9 m158.8 m164.9 m

Gross profit

29.9 m31.6 m31.7 m31.6 m31.8 m31.8 m39.6 m36.4 m39.1 m33.3 m43.5 m42 m

Gross profit Margin, %

23%23%23%23%22%20%21%20%21%18%22%20%
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Cash

61.7 m59.5 m73.6 m80.8 m92.2 m70.2 m92.9 m96.2 m115 m102.5 m119.7 m129.5 m

Accounts Receivable

21.7 m27 m25 m21.5 m22.8 m28.3 m30.6 m29.9 m32.6 m28.3 m35.7 m34.5 m

Inventories

69.3 m67.5 m73.6 m73.6 m71.8 m96.6 m89 m91.7 m92.6 m94.8 m86.6 m99.1 m

Current Assets

215.9 m215.7 m234.8 m249.5 m252.2 m270.2 m284.9 m291.5 m330.8 m305.8 m334.6 m356.6 m
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
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q2, 2016Q1, 2016Q3, 2017Q1, 2017

Net Income

8.6 m14.5 m5.8 m11.2 m17.9 m5.4 m13.5 m21.6 m14.8 m5.4 m27.1 m11.8 m

Depreciation and Amortization

2 m3 m984 k1.9 m2.8 m934 k1.9 m2.9 m1.9 m946 k2.8 m974 k

Accounts Receivable

(3 m)(8.4 m)(4.3 m)(781 k)(2 m)4.2 m1.9 m2.5 m(3.5 m)791 k(6.6 m)(2 m)

Inventories

(473 k)1.3 m(3.9 m)(3.8 m)(2.1 m)(6 m)1.6 m(1.1 m)2.2 m17 k8.2 m(3.7 m)
USDY, 2017

Revenue/Employee

192.2 k

Financial Leverage

1.5 x
Show all financial metrics

Cavco Market Value History

Cavco's Web-traffic and Trends

Cavco Online and Social Media Presence

Cavco Company Life and Culture

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