Cavco Industries Inc (CVCO)
Net profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 157,817 | 240,554 | 197,699 | 76,646 | 75,066 |
| Revenue | US$ in thousands | 1,794,790 | 2,142,710 | 1,627,160 | 1,108,050 | 1,061,770 |
| Net profit margin | 8.79% | 11.23% | 12.15% | 6.92% | 7.07% |
March 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $157,817K ÷ $1,794,790K
= 8.79%
Cavco Industries Inc's net profit margin has exhibited some fluctuations in recent years. The net profit margin decreased from 12.15% in March 2022 to 6.92% in March 2021, reflecting a significant decline in profitability. However, there was a partial recovery in the following year, as the net profit margin increased to 11.23% in March 2023. In the most recent period, the net profit margin stands at 8.79% as of March 2024. Overall, the company has shown variability in its net profit margin, with some fluctuations in profitability levels over the past five years.
Peer comparison
Mar 31, 2024