Cavco Industries (CVCO) Gross Margin (2010 - 2025)

Cavco Industries' (CVCO) quarterly Gross Margin came in at 23.39% in Q4 2025, down 150.0% year-on-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 (CVCO) has 16 years of Gross Margin data on file, last reported at 23.39% in Q4 2025.

  • On a quarterly basis, Gross Margin fell 150.0% year-over-year to 23.39% in Q4 2025; TTM through Dec 2025 was 23.42%, a 15.0% increase from a year earlier, with the FY2025 full-year figure at 23.1%, down 68.0% from the prior year.
  • Gross Margin for Q4 2025 stood at 23.39%, down from 24.15% in the prior quarter.
  • Over the last five years, Gross Margin for CVCO reached as high as 27.29% in Q4 2022 and fell as low as 21.65% in Q2 2024.
  • Historically, Gross Margin has averaged 24.23% across 5 years, with a median of 23.91% in 2025.
  • Across the five-year window, Gross Margin soared 617 bps in 2022 and sank 363 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 25.01% in 2021, then rose by 5 bps to 26.36% in 2022, then decreased by 13 bps to 23.07% in 2023, then advanced by 8 bps to 24.89% in 2024, then retreated 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 23.26%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 98.48%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 96.82%
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 69.49%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 6.19%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 26.22%
10 Cavco Industries 4.39 Bn 4.35 Bn 135.92 Mn 23.39%

Historic Data

Download Data
DateValue
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%