Cavco (CVCO) stock price, revenue, and financials

Cavco market cap is $2 b, and annual revenue was $1.11 b in FY 2021

$2 B

CVCO Mkt cap, 11-Jun-2021

$1.1 B

Cavco Revenue FY, 2021
Cavco Gross profit (FY, 2021)239 M
Cavco Gross profit margin (FY, 2021), %21.6%
Cavco Net income (FY, 2021)76.6 M
Cavco EBIT (FY, 2021)88.8 M
Cavco Cash, 03-Apr-2021322.3 M
Cavco EV1.7 B

Cavco Revenue

Cavco revenue was $1.11 b in FY, 2021

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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 Income Statement

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

Gross profit Margin, %

21%21%22%22%

General and administrative expense

106.9m121.6m145.6m150.2m

Operating expense total

106.9m121.6m145.6m150.2m

EBIT

73.8m84.1m84.9m88.8m

EBIT margin, %

8%9%8%8%

Interest expense

4.4m3.4m1.5m

Interest income

8.8m

Pre tax profit

78.5m86.7m93.0m96.9m

Income tax expense

17.0m18.1m17.9m20.3m

Net Income

61.5m68.6m75.1m76.6m

EPS

6.77.48.1

Cavco Balance Sheet

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

Current Assets

418.6m462.0m516.2m651.8m

PP&E

63.4m63.5m77.2m96.8m

Goodwill

72.9m72.9m75.1m75.1m

Total Assets

674.8m725.2m810.4m951.8m

Accounts Payable

23.8m29.3m29.9m32.1m

Short-term debt

26.0m19.5m2.2m1.9m

Current Liabilities

176.3m174.0m172.1m237.1m

Long-term debt

10.7m13.4m

Total Debt

26.0m19.5m13.0m15.2m

Common Stock

90.0k91.0k92.0k92.0k

Preferred Stock

Additional Paid-in Capital

246.2m249.4m252.3m253.8m

Retained Earnings

209.4m280.1m355.1m431.1m

Total Equity

457.1m529.6m607.6m683.6m

Debt to Equity Ratio

0.1 x0 x0 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

1.5 x1.4 x1.3 x1.4 x

Cavco Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

61.5m68.6m75.1m76.6m

Depreciation and Amortization

4.0m4.7m5.8m6.3m

Accounts Receivable

(4.1m)(5.7m)(1.4m)(4.6m)

Inventories

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

Accounts Payable

7.3m4.7m6.4m47.2m

Cash From Operating Activities

58.8m32.8m101.7m114.0m

Purchases of PP&E

(8.4m)(7.6m)(14.3m)(25.5m)

Cash From Investing Activities

(4.7m)(5.8m)(25.2m)(23.3m)

Long-term Borrowings

(2.8m)

Cash From Financing Activities

124.0k(26.4m)(20.8m)(7.0m)

Net Change in Cash

54.2m611.0k55.7m83.7m

Interest Paid

2.9m2.3m736.0k468.0k

Income Taxes Paid

17.3m19.9m18.8m19.5m

Cavco Ratios

USDFY, 2018

Revenue/Employee

198.0k

Debt/Equity

0.1 x

Financial Leverage

1.5 x

Cavco Operating Metrics

Cavco's Backlog was reported to be $321m in Q2, 2021.
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

Homes Sold Total

14.54 k3.89 k3.54 k3.45 k14.39 k3.81 k3.78 k3.87 k15.1 k3.35 k3.43 k

Loans Originated

$126.4 m$33.6 m$64.5 m$98.7 m$130 m$37.6 m$80.3 m$121.6 m$157.1 m$47.4 m$82.4 m

Backlog

$179 m$196 m$204 m$166 m$128.8 m$131 m$137 m$115 m$124 m$157 m$321 m

Cavco Employee Rating

2.623 votes
Culture & Values
2
Work/Life Balance
2.3
Senior Management
2.1
Salary & Benefits
1.9
Career Opportunities
1.7
Source