Cavco Industries (CVCO) Gross Margin (2010 - 2025)
Cavco Industries (CVCO) posted quarterly Gross Margin of 23.39% for Q4 2025, down 150.0% year-over-year from 46.79% in Q4 2024, and down 3.13% on a QoQ basis from 24.15% in Q3 2025.
Cavco Industries (CVCO) Gross Margin (2010 - 2025) Analysis & Trends
Cavco Industries has reported Gross Margin for 16 years, with the latest figure at 23.39% in Q4 2025.
- Gross Margin for Q4 2025 came in at 23.39%, down 150.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 23.42% (up 15.0% YoY), and the FY2025 annual result was 23.1%, down 68.0% from the prior year.
- Gross Margin slipped to 23.39% in Q4 2025, from 24.15% in the prior quarter.
- Over five years, Gross Margin peaked at 27.29% in Q4 2022 and troughed at 21.65% in Q2 2024.
- A 5-year average of 24.23% and a median of 23.91% in 2025 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin soared 617 bps; it then tumbled 363 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 25.01% in 2021, then grew by 5 bps to 26.36% in 2022, then fell by 13 bps to 23.07% in 2023, then rose by 8 bps to 24.89% in 2024, then declined by 6 bps to 23.39% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 23.39% in Q4 2025, 24.15% in Q3 2025, and 23.26% in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.80 Bn | 39.66 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 24.24 Bn | 22.87 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 20.76 Bn | 18.58 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 16.98 Bn | 15.89 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 13.86 Bn | 12.75 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 6.53 Bn | 6.13 Bn | 258.90 Mn | 33.29% |
| 8 | Champion Homes | 5.01 Bn | 4.38 Bn | - | - |
| 9 | Meritage Homes | 4.68 Bn | 3.87 Bn | 254.14 Mn | 18.14% |
| 10 | Cavco Industries | 4.52 Bn | 4.27 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 27, 2025 | 23.39% |
| Sep 27, 2025 | 24.15% |
| Jun 28, 2025 | 23.26% |
| Mar 29, 2025 | 22.84% |
| Dec 28, 2024 | 24.89% |
| Sep 28, 2024 | 22.88% |
| Jun 29, 2024 | 21.65% |
| Mar 30, 2024 | 23.57% |
| Dec 30, 2023 | 23.07% |
| Sep 30, 2023 | 23.66% |
| Jul 1, 2023 | 24.77% |
| Apr 1, 2023 | 25.32% |
| Dec 31, 2022 | 26.36% |
| Oct 1, 2022 | 27.29% |
| Jul 2, 2022 | 24.60% |
| Apr 2, 2022 | 25.64% |
| Jan 1, 2022 | 26.69% |
| Oct 2, 2021 | 25.01% |
| Jul 3, 2021 | 22.40% |
| Apr 3, 2021 | 23.12% |