Cavco Industries (CVCO) Gross Margin (2010 - 2025)
Cavco Industries (CVCO) posted Gross Margin of 23.39% for fiscal Q3 2026 (quarter ended Dec 27, 2025), down 1.50 percentage points from 24.89% a year earlier and down 0.76 percentage points from the prior quarter.
Cavco Industries (CVCO) Gross Margin (2010 - 2025) Analysis & Trends
For the trailing twelve months through Dec 27, 2025, Gross Margin at Cavco Industries was 23.42%, up 0.15 percentage points year-over-year; for FY2025 (ended Mar 29, 2025), it was 23.10%, down 0.68 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +1.39 percentage points (FY2020 to FY2025).
- In prior fiscal years, Cavco Industries' Gross Margin was 23.79% in FY2024 (-2.11 pp), 25.90% in FY2023 (+0.78 pp), 25.12% in FY2022 (+3.55 pp) and 21.57% in FY2021 (-0.14 pp).
- Quarterly Gross Margin has run from a low of 21.65% in fiscal Q1 2025 to a high of 27.29% in fiscal Q2 2023 over five years.
- On a year-over-year basis, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of -0.40 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q3 2022, with a gain of 6.17 percentage points; the weakest was fiscal Q2 2024, with a drop of 3.63 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 24.15% (Q2 2026), 23.26% (Q1 2026) and 22.84% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 26.57% |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 10.17% |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 20.85% |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 23.52% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 20.95% |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | 18.28% |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | 22.15% |
Historic 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% |
Cavco Industries Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CVCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CVCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CVCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();