Cavco Industries Inc (CVCO)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | — | 1,385,770 | 1,398,200 | 1,380,680 | 1,354,160 | 1,326,600 | 1,368,790 | 1,353,050 | 1,307,980 | 1,264,470 | 1,264,670 | 1,183,800 | 1,154,970 | 1,112,230 | 1,056,430 | 970,872 | 951,833 | 906,566 | 882,510 | 838,256 |
| 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% |
March 31, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $171,036K ÷ $—K
= —
The return on assets (ROA) of Cavco Industries Inc has shown a fluctuating trend over the past few years. Starting at 8.41% as of June 30, 2020, the ROA decreased to 7.32% by September 30, 2020, and further declined to 7.00% by December 31, 2020.
However, the company's ROA started to improve in the following periods, reaching 8.96% by June 30, 2021, and showing a significant increase to 21.09% by September 30, 2022. This sharp rise continued, with the ROA peaking at 21.09% by September 30, 2022.
Subsequently, there was a gradual decline in the ROA, dropping to 10.57% by June 30, 2024, before experiencing a slight increase to 12.17% by December 31, 2024.
Overall, the ROA of Cavco Industries Inc has shown variability over the years, indicating fluctuations in the company's efficiency in generating profits from its assets. It is crucial for investors and stakeholders to closely monitor these trends to understand the company's financial performance and make informed decisions.
Peer comparison
Mar 31, 2025