Cavco Industries Inc (CVCO)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 151,646 | 188,339 | 164,108 | 160,434 | 178,082 | 195,641 | 228,966 | 274,220 | 296,609 | 312,230 | 294,052 | 247,903 | 202,496 | 159,536 | 128,474 | 102,006 | 88,825 | 76,390 | 75,577 | 79,873 |
| 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 |
| Operating profit margin | 10.06% | 9.78% | 8.87% | 8.93% | 9.93% | 10.57% | 12.02% | 13.51% | 13.84% | 14.38% | 13.98% | 13.15% | 12.44% | 11.17% | 10.00% | 8.62% | 8.02% | 7.23% | 7.25% | 7.59% |
March 31, 2025 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $151,646K ÷ $1,507,100K
= 10.06%
The operating profit margin of Cavco Industries Inc has shown a fluctuating trend over the past few years, indicating varying levels of operational efficiency and profitability. Starting at 7.59% on June 30, 2020, the margin dipped to 7.23% by the end of the year but began to recover in the following periods.
The margin displayed a positive trajectory, reaching 13.98% on September 30, 2022. While there was a slight drop to 12.02% by the end of that year, the trend continued upwards, hitting a peak of 14.38% on December 31, 2022. Subsequently, the margin experienced some volatility, fluctuating between 9.93% and 10.57% in the first half of 2024.
As of March 31, 2025, the operating profit margin stands at 10.06%. Overall, the trend demonstrates an improvement in operational efficiency and profitability over the analyzed period, with some fluctuations in between. It is essential for the company to continue monitoring and managing its operational costs effectively to sustain and enhance its profitability in the future.
Peer comparison
Mar 31, 2025