Cavco Industries Inc (CVCO)

Net 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
Net income (ttm) US$ in thousands 171,036 168,640 148,165 145,889 157,817 171,195 194,732 227,309 240,554 246,866 266,761 230,255 197,699 169,297 109,579 87,018 76,646 63,425 64,622 70,458
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
Net profit margin 11.35% 8.75% 8.00% 8.12% 8.80% 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%

March 31, 2025 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $171,036K ÷ $1,507,100K
= 11.35%

Cavco Industries Inc's net profit margin has shown some fluctuations over the given period. The net profit margin, which is a measure of profitability, started at 6.69% as of June 30, 2020, and experienced a slight decrease to 6.20% by September 30, 2020. However, from that point onwards, there was a general upward trend in the net profit margin, reaching its lowest point at 6.00% on December 31, 2020.

From March 31, 2021 onwards, there was a significant improvement in the company's profitability with the net profit margin increasing steadily. By June 30, 2022, the net profit margin had increased to 12.21%, reflecting a substantial growth in profitability. However, there was a slight decline in profitability in the subsequent quarters, ending at 8.00% on September 30, 2024.

The net profit margin then increased to 11.35% as of March 31, 2025, showing a promising rebound in profitability. Overall, the trend in Cavco Industries Inc's net profit margin demonstrates both fluctuations and periods of significant growth, indicating varying levels of profitability over the specified timeframe.


Peer comparison

Mar 31, 2025

Company name
Symbol
Net profit margin
Cavco Industries Inc
CVCO
11.35%
Skyline Corporation
SKY
6.53%