Cavco Industries Inc (CVCO)
Gross profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 465,591 | 426,902 | 554,932 | 408,749 | 238,977 |
| Revenue | US$ in thousands | 2,015,460 | 1,794,790 | 2,142,710 | 1,627,160 | 1,108,050 |
| Gross profit margin | 23.10% | 23.79% | 25.90% | 25.12% | 21.57% |
March 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $465,591K ÷ $2,015,460K
= 23.10%
Cavco Industries Inc's gross profit margin has shown a fluctuating trend over the past five years. It increased from 21.57% as of March 31, 2021, to 25.12% as of March 31, 2022, indicating improved profitability. The trend continued to rise to 25.90% by March 31, 2023, reflecting further enhancement in the company's ability to generate profits from its core operations. However, there was a slight decline in the gross profit margin to 23.79% by March 31, 2024, followed by a further decrease to 23.10% by March 31, 2025.
The overall pattern suggests that Cavco Industries Inc has experienced both positive and negative fluctuations in its gross profit margin in the recent years. It is important for the company to closely monitor and analyze the factors influencing these fluctuations to maintain and improve its profitability levels consistently.
Peer comparison
Mar 31, 2025