Cavco Industries Inc (CVCO)
Return on total capital
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 171,017 | 200,829 | 298,099 | 201,794 | 88,087 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 1,033,410 | 976,286 | 830,455 | 683,640 |
| Return on total capital | — | 19.43% | 30.53% | 24.30% | 12.88% |
March 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $171,017K ÷ ($—K + $—K)
= —
Cavco Industries Inc's return on total capital has shown a positive trend over the last few years, indicating improved efficiency in generating profits relative to the total capital employed.
The return on total capital has increased steadily from 12.88% as of March 31, 2021, to 24.30% as of March 31, 2022, further rising to 30.53% as of March 31, 2023. This significant improvement suggests that the company has been effectively utilizing its capital to generate returns for its shareholders.
However, there was a slight decline in the return on total capital to 19.43% as of March 31, 2024, which may have been influenced by various factors impacting the company's financial performance during that period.
It is worth noting that there is no data available for the return on total capital as of March 31, 2025, which can make it challenging to assess the most recent financial performance of Cavco Industries Inc in terms of capital efficiency.
Overall, the trend in Cavco Industries Inc's return on total capital reflects a positive trajectory, indicating the company's ability to effectively leverage its capital to generate profits. However, it would be crucial to monitor future financial reports to assess the sustainability of this performance.
Peer comparison
Mar 31, 2025