Cavco Industries Inc (CVCO)
Return on equity (ROE)
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 171,036 | 157,817 | 240,554 | 197,699 | 76,646 |
| Total stockholders’ equity | US$ in thousands | — | 1,033,410 | 976,286 | 830,455 | 683,640 |
| ROE | — | 15.27% | 24.64% | 23.81% | 11.21% |
March 31, 2025 calculation
ROE = Net income ÷ Total stockholders’ equity
= $171,036K ÷ $—K
= —
Cavco Industries Inc's return on equity (ROE) has shown a fluctuating trend over the past few years. In March 2021, the ROE stood at 11.21%, reflecting a moderate level of profitability generated relative to shareholders' equity. Subsequently, there was a notable improvement in ROE, reaching 23.81% by March 2022, indicating a significant enhancement in profitability and efficiency in utilizing equity to generate earnings.
This positive momentum continued into the following years, with ROE increasing to 24.64% by March 2023, suggesting a continued strong performance in terms of generating profits from shareholders' equity. However, there was a slight decline in ROE by March 2024 to 15.27%, indicating a potential decrease in the company's ability to generate returns for shareholders during that period.
Unfortunately, the data for March 31, 2025 is not available, denoted by a dash (—), making it difficult to assess the most recent performance. Overall, Cavco Industries Inc's ROE has displayed fluctuations over the years, with periods of improvement and slight decline, highlighting the need for further analysis to understand the underlying factors affecting the company's profitability and efficiency in utilizing equity.
Peer comparison
Mar 31, 2025