Cavco Industries Inc (CVCO)
Net profit margin
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,036 | 157,817 | 240,554 | 197,699 | 76,646 |
| Revenue | US$ in thousands | 2,015,460 | 1,794,790 | 2,142,710 | 1,627,160 | 1,108,050 |
| Net profit margin | 8.49% | 8.79% | 11.23% | 12.15% | 6.92% |
March 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $171,036K ÷ $2,015,460K
= 8.49%
The net profit margin of Cavco Industries Inc has shown fluctuations over the past five years.
In March 31, 2021, the net profit margin was 6.92%, indicating that for every dollar of revenue generated, the company retained $0.0692 as net profit.
Subsequently, there was a notable improvement in the net profit margin to 12.15% by March 31, 2022, suggesting enhanced efficiency in cost management or potentially higher revenue generation.
However, in the following years, the net profit margin exhibited a slight decline to 11.23% by March 31, 2023, and further decreased to 8.79% by March 31, 2024. This reduction may point to increased operating costs or a slowdown in revenue growth.
By March 31, 2025, the net profit margin slightly improved to 8.49%, but it remained below the levels seen in the earlier years. These fluctuations in the net profit margin indicate the need for Cavco Industries Inc to potentially focus on optimizing its cost structure and revenue generation in order to improve profitability.
Peer comparison
Mar 31, 2025