Cavco Industries (CVCO) Net Margin (2010 - 2025)
Cavco Industries' Net Margin came in at 7.58% for fiscal Q3 2026 (quarter ended Dec 27, 2025), down 3.23 percentage points from 10.82% a year earlier and down 1.83 percentage points from the prior quarter.
Cavco Industries (CVCO) Net Margin (2010 - 2025) Analysis & Trends
Over the trailing twelve months to Dec 27, 2025, Cavco Industries reported Net Margin of 8.37%, down 0.38 percentage points year-over-year; for FY2025 (ended Mar 29, 2025), it came in at 8.49%, down 0.31 percentage points from FY2024.
- Net Margin has declined in each of the last three fiscal years, though with a five-year change of +1.42 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was 8.80% in FY2024 (-2.44 pp), 11.24% in FY2023 (-0.91 pp), 12.15% in FY2022 (+5.24 pp) and 6.92% in FY2021 (-0.15 pp).
- The five-year range for quarterly Net Margin is 7.15% (fiscal Q4 2025) to 18.40% (fiscal Q3 2022).
- Year-over-year, Net Margin increased in three of the last eight quarters, with an average year-over-year change of -0.44 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2022 (a gain of 11.57 percentage points), and the weakest in fiscal Q3 2023 (a drop of 6.51 percentage points).
- Business Quant data shows CVCO's Net Margin at 9.41% (Q2 2026), 9.27% (Q1 2026) and 7.15% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 9.81% |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 11.85% |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 3.84% |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 10.16% |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 10.54% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 7.11% |
| 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 | 3.23% |
| 10 | M | 3.44 Bn | 510.26 Mn | 235.50 Mn | 7.44% |
Historic Data
| Date | Value |
|---|---|
| Dec 27, 2025 | 7.58% |
| Sep 27, 2025 | 9.41% |
| Jun 28, 2025 | 9.27% |
| Mar 29, 2025 | 7.15% |
| Dec 28, 2024 | 10.82% |
| Sep 28, 2024 | 8.63% |
| Jun 29, 2024 | 7.21% |
| Mar 30, 2024 | 8.08% |
| Dec 30, 2023 | 8.05% |
| Sep 30, 2023 | 9.19% |
| Jul 1, 2023 | 9.74% |
| Apr 1, 2023 | 9.93% |
| Dec 31, 2022 | 11.89% |
| Oct 1, 2022 | 12.84% |
| Jul 2, 2022 | 10.13% |
| Apr 2, 2022 | 10.61% |
| Jan 1, 2022 | 18.40% |
| Oct 2, 2021 | 10.46% |
| Jul 3, 2021 | 8.19% |
| Apr 3, 2021 | 8.23% |
Cavco Industries Net 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=net-margin&ticker=CVCO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CVCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();