Cavco Industries Inc (CVCO)
Net profit margin
| 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 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 157,817 | 171,195 | 194,732 | 227,309 | 240,554 | 246,866 | 266,761 | 230,255 | 197,699 | 169,297 | 109,579 | 87,018 | 76,646 | 63,425 | 64,622 | 70,458 | 75,066 | 83,036 | 75,522 | 70,213 |
| Revenue (ttm) | US$ in thousands | 1,794,792 | 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 | 1,061,774 | 1,047,552 | 1,007,530 | 980,385 |
| Net profit margin | 8.79% | 9.25% | 10.22% | 11.20% | 11.23% | 11.37% | 12.69% | 12.21% | 12.15% | 11.85% | 8.53% | 7.35% | 6.92% | 6.00% | 6.20% | 6.69% | 7.07% | 7.93% | 7.50% | 7.16% |
March 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $157,817K ÷ $1,794,792K
= 8.79%
The net profit margin of Cavco Industries Inc has shown some fluctuation over the past few quarters. It was highest at 12.69% in the third quarter of 2022 but has since trended downwards. Despite this decrease, the company has generally maintained a respectable level of profitability, with margins consistently above 6%. It is important to closely monitor the trend in the net profit margin to understand the company's ability to generate profits relative to its revenue.