$544.46
+0.24%Cavco Industries, Inc. designs, produces, and retails manufactured homes primarily in the United States. It operates in two segments, Factory-Built Housing and Financial Services. The company markets its manufactured homes under the Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood, and MidCountry brands. It also builds park model RVs; vacation cabins; and factory-built commercial structures, including apartment buildings, condominiums, hotels, workforce housing, schools, and housing for the United States military troops. In addition, the company produces various modular homes, which include single and multi-section ranch, split-level, and Cape Cod style homes, as well as two- and three-story homes, and multi-family units. Further, it provides conforming and non-conforming mortgages and home-only loans to purchasers of various brands of factory-built homes sold by company-owned retail stores, as well as various independent distributors, builders, communities, and developers. Additionally, the company offers property and casualty insurance to owners of manufactured homes. As of April 3, 2022, it operated 45 company-owned retail stores in Oregon, Arizona, Nevada, New Mexico, Texas, Indiana, Oklahoma, Florida, and New York. The company also distributes its homes through a network of independent distribution points in 48 states and Canada; and through planned community operators and residential developers. Cavco Industries, Inc. was founded in 1965 and is headquartered in Phoenix, Arizona.
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโmonitor closely.
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
CVCO โข NASDAQ
| Cavco Industries, Inc. Cash Flow Statement | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | Mar 2009 | Mar 2008 | Mar 2007 | Mar 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
171M | 157.8M | 240.6M | 197.7M | 197.7M | 75.1M | 68.6M | 61.5M | 38M | 28.5M | 23.8M | 18.7M | 10.3M | 29.7M | 4.1M | -3.8M | 458K | 6.3M | 11.5M | 15M | |
19.3M | 18.5M | 16.9M | 11M | 11M | 5.8M | 4.7M | 4M | 3.7M | 3.9M | 3.8M | 4M | 4M | 5.6M | 1.4M | 1.2M | 817K | 785K | 692K | 1.2M | |
-6.5M | -3.1M | 2.1M | -1.7M | -1.7M | 261K | -762K | -4.3M | -2.1M | -2.2M | 662K | 512K | 2.1M | -2.5M | -960K | 1.4M | 2M | 1.9M | 1.8M | 1.5M | |
8.7M | 6.8M | 0.0 | 5.1M | 5.1M | 3.9M | 3.4M | 2.3M | 2.1M | 1.8M | 1.7M | 2.4M | 1.3M | 916K | 671K | 372K | 137K | 412K | 846K | 0.0 | |
132.4M | -11M | -2.7M | 16.9M | 250.2M | -1.3M | 4.4M | -9.5M | -8.2M | 6.4M | -2.5M | 13.6M | 8.8M | -29.5M | -513K | 318K | 39K | 108K | 40K | 646K | |
(45.6M) | (36.8M) | (82.4M) | (31.4M) | (31.4M) | (18.8M) | (19.9M) | (17.3M) | (18.1M) | (15.4M) | (7.4M) | (6.8M) | (7M) | (3.8M) | (1.6M) | (18K) | (45K) | (0.0) | (0.0) | (0.0) | |
-146.4M | 55.6M | -1.2M | -84.7M | -318M | 18M | -47.5M | 4.7M | 11.3M | 5.1M | -1.7M | 7.6M | -5.7M | 12.2M | -1.5M | -9.1M | -2.1M | -505K | -8.6M | -1.8M | |
178.5M | 224.7M | 255.7M | 144.2M | 144.2M | 101.7M | 32.8M | 58.8M | 44.8M | 43.5M | 25.7M | 46.8M | 20.7M | 16.4M | 3.1M | -9.6M | 1.3M | 9M | 6.4M | 16.6M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-21.4M | -17.4M | -44.1M | -18.7M | -18.7M | -14.3M | -7.6M | -8.4M | -5.3M | -3.5M | -2.2M | -2.3M | -755K | -2.4M | -959K | -391K | -986K | -689K | -1.2M | -5.8M | |
(0.0) | -19.2M | -93.4M | -141.4M | -141.4M | -15.9M | (125K) | -1.6M | (145K) | -28.1M | (0.0) | (0.0) | (0.0) | -67.6M | (0.0) | -25.8M | (0.0) | (0.0) | (0.0) | (0.0) | |
-28.1M | -13M | -12.5M | -12.8M | -12.8M | -11.7M | -7.3M | -12.5M | -10.9M | -17.1M | -16.7M | -17.1M | -8.2M | -9.7M | -39.1M | -1.5M | -4.5M | -314.7M | -446M | -98.9M | |
25.4M | 13.1M | 18.9M | 12.5M | 12.5M | 10.2M | 9M | 17.4M | 9M | 10.4M | 10.8M | 9.7M | 5.1M | 51.4M | 0.0 | 6M | 0.0 | 365.6M | 438M | 56M | |
184K | 4.8M | 1.8M | 1.3M | 1.3M | 6.5M | 1.8M | 474K | 145K | 93K | 6M | 61K | 1.8M | 5.3M | 1M | 13K | 28K | 0.0 | 0.0 | 0.0 | |
-24M | -31.7M | -129.3M | -159.1M | -159.1M | -25.2M | -5.8M | -4.7M | -7.1M | -38.2M | -2.1M | -9.7M | -2.1M | -23.1M | -39M | -21.7M | -5.4M | (50.2M) | -9.2M | -48.7M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-148.7M | -109.3M | -103.4M | -59.6M | -59.6M | 0.0 | 0.0 | -915K | 0.0 | 0.0 | 0.0 | 0.0 | 2.2M | 0.0 | 0.0 | 35M | 0.0 | 957K | 372K | 774K | |
-311K | -488K | -641K | -9.3M | -9.3M | -19.7M | -26.3M | 1M | -4M | -6.1M | -4.1M | -12.4M | -14.1M | -30.2M | 36M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-148.7M | -109.3M | -103.4M | -59.6M | -59.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (94.4M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
1M | 2.1M | 1.9M | -375K | 3.8M | -1.1M | -114K | -915K | 1M | 2M | 4.2M | 408K | 0.0 | 1.5M | 1.4M | 695K | 1M | 470K | 256K | 0.0 | |
-147.9M | -107.7M | -102.2M | -65.1M | -65.1M | -20.8M | -26.4M | 124K | -3M | -4.1M | 49K | -12M | -11.9M | -28.8M | 37.4M | 35.7M | 1M | 1.4M | 628K | 774K | |
CASH FLOW SUMMARY | ||||||||||||||||||||
6.6M | 85.3M | 24.2M | -80M | -80M | 55.7M | 611K | 54.2M | 34.8M | 1.2M | 23.6M | 25.1M | 6.7M | -35.4M | 1.5M | 4.4M | -3.1M | 60.6M | -2.1M | -31.3M | |
368.8M | 283.5M | 259.3M | 339.3M | 339.3M | 199.9M | 199.3M | 132.5M | 97.8M | 96.6M | 72.9M | 47.8M | 41.1M | 76.5M | 75M | 70.6M | 73.6M | 13M | 15.1M | 46.5M | |
375.3M | 368.8M | 283.5M | 259.3M | 259.3M | 255.6M | 199.9M | 186.8M | 132.5M | 97.8M | 96.6M | 72.9M | 47.8M | 41.1M | 76.5M | 75M | 70.6M | 73.6M | 13M | 15.1M | |
157.1M | 207.3M | 211.6M | 125.6M | 125.6M | 87.4M | 25.2M | 50.4M | 39.5M | 40M | 23.5M | 44.5M | 20M | 14M | 2.2M | -9.9M | 340K | 8.3M | 5.2M | 10.8M |
CVCO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 22, 2026 | May 21, 2026 | 2026 | |
10-K 10-K 2026 FY FY | May 22, 2026 | March 28, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 02, 2026 | December 27, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 29, 2026 | January 29, 2026 | 2026 | |
8-K 8-K 2025 N/A | October 31, 2025 | October 30, 2025 | 2025 | |
10-Q 10-Q 2025 Q3 Q3 | October 31, 2025 | September 27, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 28, 2025 | October 27, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 30, 2025 | September 29, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 04, 2025 | July 29, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 04, 2025 | June 28, 2025 | 2025 |
Continue your CVCO research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.