Cavco Industries Inc (CVCO)
Gross profit margin
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 349,474 | 447,589 | 420,690 | 411,525 | 426,002 | 448,528 | 477,445 | 528,087 | 554,932 | 563,891 | 547,131 | 479,460 | 408,749 | 350,024 | 294,054 | 257,667 | 238,977 | 220,000 | 220,617 | 225,543 |
| Revenue (ttm) | US$ in thousands | 1,507,100 | 1,926,318 | 1,851,047 | 1,795,616 | 1,793,892 | 1,851,054 | 1,904,888 | 2,030,250 | 2,142,713 | 2,171,812 | 2,102,923 | 1,885,074 | 1,627,158 | 1,428,181 | 1,285,239 | 1,183,672 | 1,108,051 | 1,056,884 | 1,041,834 | 1,052,533 |
| Gross profit margin | 23.19% | 23.24% | 22.73% | 22.92% | 23.75% | 24.23% | 25.06% | 26.01% | 25.90% | 25.96% | 26.02% | 25.43% | 25.12% | 24.51% | 22.88% | 21.77% | 21.57% | 20.82% | 21.18% | 21.43% |
March 31, 2025 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $349,474K ÷ $1,507,100K
= 23.19%
Cavco Industries Inc's gross profit margin has shown fluctuations over the past few years. The margin started at 21.43% on June 30, 2020, gradually decreased to 20.82% by December 31, 2020, and then began to increase consistently.
There was a notable improvement in the gross profit margin from September 30, 2021, reaching its peak at 26.02% on September 30, 2022. However, the margin slightly declined to 23.75% by March 31, 2024, before settling at 23.19% on March 31, 2025.
Overall, during the period analyzed, Cavco Industries Inc's gross profit margin generally followed an upward trend, with some fluctuations along the way, indicating varying levels of efficiency in generating profits from sales after deducting the cost of goods sold. Investors may consider monitoring these trends to assess the company's operational performance and competitiveness within the industry.
Peer comparison
Mar 31, 2025