Cavco Industries Inc (CVCO)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 211,070 211,082 185,653 182,364 199,180 214,806 246,980 288,130 306,763 316,757 299,611 255,821 211,989 173,180 140,135 110,710 96,912 80,796 79,638 87,297
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
Pretax margin 14.01% 10.96% 10.03% 10.16% 11.10% 11.60% 12.97% 14.19% 14.32% 14.58% 14.25% 13.57% 13.03% 12.13% 10.90% 9.35% 8.75% 7.64% 7.64% 8.29%

March 31, 2025 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $211,070K ÷ $1,507,100K
= 14.01%

Cavco Industries Inc's pretax margin has shown fluctuating trends over the past few years, starting at 8.29% on June 30, 2020, and reaching a peak of 14.58% on December 31, 2022. The pretax margin then experienced a slight decline before picking up again. The most recent data as of March 31, 2025, indicates a strong pretax margin of 14.01%.

Overall, the pretax margin has generally been on an upward trajectory, indicating improved profitability before tax expenses. This trend suggests that Cavco Industries Inc has been effectively managing its operational costs and generating higher profits relative to its total revenue. Investors and stakeholders may view this as a positive sign of the company's financial health and management efficiency.


Peer comparison

Mar 31, 2025

Company name
Symbol
Pretax margin
Cavco Industries Inc
CVCO
14.01%
Skyline Corporation
SKY
10.36%