Cavco Industries Inc (CVCO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 23.19% | 23.24% | 22.73% | 22.92% | 23.75% | 24.23% | 25.06% | 26.01% | 25.90% | 25.96% | 26.02% | 25.43% | 25.12% | 24.51% | 22.88% | 21.77% | 21.57% | 20.82% | 21.18% | 21.43% |
| 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% |
| 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% |
| 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% |
Cavco Industries Inc has shown a consistent improvement in its profitability ratios over the historical period up to March 31, 2025.
- Gross profit margin has generally trended upwards from 21.43% in June 2020 to 23.19% in March 2025, indicating the company has been effectively managing its cost of goods sold relative to its revenue.
- Operating profit margin has also shown a positive trend, increasing from 7.59% in June 2020 to 10.06% in March 2025. This suggests that Cavco Industries has been able to control its operating expenses and generate more operating profit for each dollar of revenue.
- Pretax margin has displayed a consistent growth pattern, rising from 8.29% in June 2020 to 14.01% in March 2025. This signifies that the company has been successful in improving its operational efficiency and reducing its tax burden.
- Net profit margin has exhibited a similar positive trajectory, climbing from 6.69% in June 2020 to 11.35% in March 2025. It indicates that Cavco Industries has managed its overall costs effectively and has been able to generate higher net profit relative to its revenue over time.
Overall, the increasing trend in all profitability ratios reflects Cavco Industries' ability to enhance its profitability and efficiency in operations, which is a positive indicator of the company's financial health and performance.
Return on investment
| 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 return on assets (Operating ROA) | — | 13.59% | 11.74% | 11.62% | 13.15% | 14.75% | 16.73% | 20.27% | 22.68% | 24.69% | 23.25% | 20.94% | 17.53% | 14.34% | 12.16% | 10.51% | 9.33% | 8.43% | 8.56% | 9.53% |
| Return on assets (ROA) | — | 12.17% | 10.60% | 10.57% | 11.65% | 12.90% | 14.23% | 16.80% | 18.39% | 19.52% | 21.09% | 19.45% | 17.12% | 15.22% | 10.37% | 8.96% | 8.05% | 7.00% | 7.32% | 8.41% |
| Return on total capital | 15.31% | 18.95% | 16.85% | 15.78% | 17.55% | 19.87% | 22.42% | 26.95% | 30.53% | 32.60% | 31.58% | 29.03% | 24.30% | 19.70% | 17.43% | 14.49% | 12.88% | 11.43% | 11.63% | 12.61% |
| Return on equity (ROE) | 16.07% | 15.95% | 14.22% | 14.05% | 15.27% | 16.97% | 19.11% | 22.22% | 24.64% | 25.84% | 28.72% | 27.04% | 23.81% | 21.00% | 14.95% | 12.45% | 11.21% | 9.58% | 10.09% | 11.29% |
Based on the provided data, Cavco Industries Inc's profitability ratios have shown varying trends over the periods reported.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA has been steadily increasing from 9.53% as of June 30, 2020, to a peak of 24.69% as of December 31, 2022.
- However, there was a slight decline in the Operating ROA to 13.15% as of March 31, 2024, and a further decrease to 11.62% as of June 30, 2024.
- The trend reversed in the subsequent periods, with the Operating ROA increasing to 13.59% as of December 31, 2024, before the data for March 31, 2025 is missing.
2. Return on Assets (ROA):
- The ROA also exhibited a similar pattern to the Operating ROA, with an increase over time, peaking at 21.09% as of September 30, 2022.
- The ROA experienced a decline thereafter, reaching 10.57% as of June 30, 2024, before improving to 12.17% as of December 31, 2024.
- The data for March 31, 2025 is not provided.
3. Return on Total Capital:
- The Return on Total Capital showed a consistent upward trend, reaching a peak of 32.60% as of December 31, 2022.
- However, there was a subsequent decline in the Return on Total Capital, dropping to 15.31% as of March 31, 2025.
4. Return on Equity (ROE):
- The ROE also followed a similar trend to the other profitability ratios, increasing over time to a high of 28.72% as of September 30, 2022.
- The ROE then declined gradually, reaching 16.07% as of March 31, 2025.
Overall, Cavco Industries Inc's profitability ratios have shown both growth and fluctuations over the periods reported, indicating varying levels of efficiency and profitability in utilizing its assets and capital.