Cavco Industries Past Earnings Performance
Past criteria checks 2/6
Cavco Industries has been growing earnings at an average annual rate of 29.6%, while the Consumer Durables industry saw earnings growing at 24.1% annually. Revenues have been growing at an average rate of 18.8% per year. Cavco Industries's return on equity is 17%, and it has net margins of 9.2%.
Key information
29.6%
Earnings growth rate
30.5%
EPS growth rate
| Consumer Durables Industry Growth | 24.5% |
| Revenue growth rate | 18.8% |
| Return on equity | 17.0% |
| Net Margin | 9.2% |
| Last Earnings Update | 30 Dec 2023 |
Recent past performance updates
Recent updates
Slowing Rates Of Return At Cavco Industries (NASDAQ:CVCO) Leave Little Room For Excitement
Apr 24
Quarterly Update: Analyzing Cavco's Triumph In Affordable Housing
Apr 09Cavco Industries (NASDAQ:CVCO) Has A Pretty Healthy Balance Sheet
Apr 09Some Confidence Is Lacking In Cavco Industries, Inc.'s (NASDAQ:CVCO) P/E
Mar 25Cavco Industries: Fantastic Business But Transition Period To Avoid
Mar 20Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)?
Feb 18Is Cavco Industries, Inc. (NASDAQ:CVCO) Worth US$337 Based On Its Intrinsic Value?
Feb 02Staying Bullish On Cavco Industries: A Promising Homebuilding Pick
Jan 13We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
Jan 03Investors Aren't Buying Cavco Industries, Inc.'s (NASDAQ:CVCO) Earnings
Dec 19Investors Should Be Encouraged By Cavco Industries' (NASDAQ:CVCO) Returns On Capital
Nov 18Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Oct 31We Think Cavco Industries (NASDAQ:CVCO) Can Manage Its Debt With Ease
Sep 22Why We Like The Returns At Cavco Industries (NASDAQ:CVCO)
Aug 03Why Cavco Industries, Inc. (NASDAQ:CVCO) Could Be Worth Watching
Jul 13Cavco Industries (NASDAQ:CVCO) Seems To Use Debt Rather Sparingly
Jun 07With EPS Growth And More, Cavco Industries (NASDAQ:CVCO) Makes An Interesting Case
May 25Estimating The Intrinsic Value Of Cavco Industries, Inc. (NASDAQ:CVCO)
May 12Is Cavco Industries, Inc. (NASDAQ:CVCO) Potentially Undervalued?
Apr 11Cavco Industries (NASDAQ:CVCO) Is Achieving High Returns On Its Capital
Mar 29Does Cavco Industries (NASDAQ:CVCO) Have A Healthy Balance Sheet?
Feb 22A Look At The Fair Value Of Cavco Industries, Inc. (NASDAQ:CVCO)
Feb 08With EPS Growth And More, Cavco Industries (NASDAQ:CVCO) Makes An Interesting Case
Jan 26Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)?
Dec 28Cavco Industries: Industry Secular Tailwinds Support Long-Term Growth
Oct 05Here's Why Cavco Industries (NASDAQ:CVCO) Has Caught The Eye Of Investors
Sep 19Cavco Industries: A Change In Opinion
Sep 18We Think Cavco Industries (NASDAQ:CVCO) Might Have The DNA Of A Multi-Bagger
Sep 05Need To Know: Analysts Are Much More Bullish On Cavco Industries, Inc. (NASDAQ:CVCO)
Aug 08We Think Cavco Industries (NASDAQ:CVCO) Can Manage Its Debt With Ease
Jul 06Cavco Industries: Finally Worth Considering
Jun 30Do Cavco Industries' (NASDAQ:CVCO) Earnings Warrant Your Attention?
Jun 20Why We Like The Returns At Cavco Industries (NASDAQ:CVCO)
Jun 06What Is Cavco Industries, Inc.'s (NASDAQ:CVCO) Share Price Doing?
May 23Is Cavco Industries (NASDAQ:CVCO) A Risky Investment?
Mar 29Cavco Industries Is In The Early Innings Of Growth
Mar 21Is There An Opportunity With Cavco Industries, Inc.'s (NASDAQ:CVCO) 25% Undervaluation?
Mar 17Cavco Industries (NASDAQ:CVCO) Shareholders Will Want The ROCE Trajectory To Continue
Mar 05Cavco Industries: A Solid Play On Housing If Strength In The Market Remains
Mar 02Is Now An Opportune Moment To Examine Cavco Industries, Inc. (NASDAQ:CVCO)?
Feb 20Here's Why I Think Cavco Industries (NASDAQ:CVCO) Might Deserve Your Attention Today
Jan 27Cavco Industries (NASDAQ:CVCO) Has A Rock Solid Balance Sheet
Dec 17Investors Will Want Cavco Industries' (NASDAQ:CVCO) Growth In ROCE To Persist
Dec 04Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Cavco Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 1,851 | 171 | 232 | 0 |
| 30 Sep 23 | 1,905 | 195 | 228 | 0 |
| 01 Jul 23 | 2,030 | 227 | 233 | 0 |
| 01 Apr 23 | 2,143 | 241 | 238 | 0 |
| 31 Dec 22 | 2,172 | 247 | 231 | 0 |
| 01 Oct 22 | 2,103 | 267 | 233 | 0 |
| 02 Jul 22 | 1,885 | 230 | 212 | 0 |
| 02 Apr 22 | 1,627 | 198 | 186 | 0 |
| 01 Jan 22 | 1,428 | 169 | 170 | 0 |
| 02 Oct 21 | 1,285 | 110 | 145 | 0 |
| 03 Jul 21 | 1,184 | 87 | 135 | 0 |
| 03 Apr 21 | 1,108 | 77 | 150 | 0 |
| 26 Dec 20 | 1,057 | 63 | 125 | 0 |
| 26 Sep 20 | 1,042 | 65 | 126 | 0 |
| 27 Jun 20 | 1,053 | 70 | 127 | 0 |
| 28 Mar 20 | 1,062 | 75 | 146 | 0 |
| 28 Dec 19 | 1,048 | 83 | 119 | 0 |
| 28 Sep 19 | 1,008 | 76 | 114 | 0 |
| 29 Jun 19 | 980 | 70 | 108 | 0 |
| 30 Mar 19 | 963 | 69 | 122 | 0 |
| 29 Dec 18 | 964 | 71 | 102 | 0 |
| 29 Sep 18 | 952 | 79 | 97 | 0 |
| 30 Jun 18 | 911 | 69 | 94 | 0 |
| 31 Mar 18 | 871 | 62 | 107 | 0 |
| 30 Dec 17 | 827 | 50 | 88 | 0 |
| 30 Sep 17 | 808 | 41 | 88 | 0 |
| 01 Jul 17 | 795 | 44 | 87 | 0 |
| 01 Apr 17 | 774 | 38 | 101 | 0 |
| 31 Dec 16 | 753 | 34 | 86 | 0 |
| 01 Oct 16 | 732 | 30 | 84 | 0 |
| 02 Jul 16 | 736 | 29 | 85 | 0 |
| 02 Apr 16 | 712 | 29 | 83 | 0 |
| 26 Dec 15 | 676 | 28 | 79 | 0 |
| 26 Sep 15 | 642 | 26 | 78 | 0 |
| 27 Jun 15 | 589 | 23 | 73 | 0 |
| 28 Mar 15 | 567 | 24 | 73 | 0 |
| 27 Dec 14 | 557 | 22 | 77 | 0 |
| 27 Sep 14 | 548 | 21 | 81 | 0 |
| 28 Jun 14 | 539 | 20 | 84 | 0 |
| 29 Mar 14 | 533 | 16 | 74 | 0 |
| 28 Dec 13 | 511 | 13 | 85 | 0 |
| 28 Sep 13 | 487 | 9 | 84 | 0 |
| 29 Jun 13 | 468 | 6 | 82 | 0 |
Quality Earnings: CVCO has high quality earnings.
Growing Profit Margin: CVCO's current net profit margins (9.2%) are lower than last year (11.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CVCO's earnings have grown significantly by 29.6% per year over the past 5 years.
Accelerating Growth: CVCO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CVCO had negative earnings growth (-30.7%) over the past year, making it difficult to compare to the Consumer Durables industry average (-10.7%).
Return on Equity
High ROE: CVCO's Return on Equity (17%) is considered low.