Cavco Industries Inc (CVCO)

Pretax margin

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Earnings before tax but after interest (EBT) US$ in thousands 211,070 199,180 306,763 211,989 96,912
Revenue US$ in thousands 2,015,460 1,794,790 2,142,710 1,627,160 1,108,050
Pretax margin 10.47% 11.10% 14.32% 13.03% 8.75%

March 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $211,070K ÷ $2,015,460K
= 10.47%

The pretax margin of Cavco Industries Inc has shown fluctuations over the past five years. It stood at 8.75% on March 31, 2021, increased to 13.03% on March 31, 2022, and continued to rise to 14.32% by March 31, 2023. However, there was a slight dip in the margin to 11.10% on March 31, 2024, followed by a further decrease to 10.47% by March 31, 2025. It is evident that the company's profitability before taxes has experienced both growth and contraction during this period, indicating possible shifts in operational efficiency, cost management, and revenue generation strategies.


Peer comparison

Mar 31, 2025

Company name
Symbol
Pretax margin
Cavco Industries Inc
CVCO
10.47%
Skyline Corporation
SKY