Based on the latest figures, Cavco Industries reports a gross margin of 22.7%, an operating margin of 9.5%, an EBITDA margin of 11.2%, and a net margin of 7.7%. Net margin had the largest decline, falling by 1.5 percentage points, while the other available margins also weakened.
Over the last 3 years, Cavco Industries recorded average margins of 23.36% gross, 9.78% operating, 11.78% EBITDA, and 8.51% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.
Cavco Industries's gross margin contracted by 1.1 percentage points, operating margin by 1 percentage point, EBITDA margin by 1.2 percentage points, and net margin by 1.5 percentage points, led by net margin with a decline of 1.5 percentage points.
Cavco Industries's gross margin averaged 23.36% over the last 3 years. Compared with its three-year average, Cavco Industries's current gross margin is 22.7% and is 0.7 percentage points below its three-year average. Over the last 3 years, Cavco Industries's gross margin peaked at 24.2% in Dec 2023 and reached a low of 22.7% in Sep 2026.
The average operating margin for Cavco Industries was 9.78% over the last 3 years. Right now, Cavco Industries's current operating margin is 9.5%, which is 0.3 percentage points below its three-year average. The operating margin for Cavco Industries moved between 8.9% in Sep 2024 and 10.6% in Dec 2023.
The average EBITDA margin for Cavco Industries was 11.78% over the last 3 years. As of the latest period, the current EBITDA margin for Cavco Industries is 11.2%, 0.6 percentage points below its three-year average. The EBITDA margin for Cavco Industries moved between 11.1% in Sep 2024 and 12.7% in Dec 2023.
Over the last 3 years, Cavco Industries had an average net margin of 8.51%. At present, Cavco Industries's current net margin is 7.7%, which is 0.8 percentage points below its three-year average. Looking back over the last 3 years, Cavco Industries's net margin reached 9.2% at its highest point in Sep 2025 and 7.7% at its lowest in Sep 2026.
With a gross margin of 22.7%, CVCO is above the industry average but below the Consumer Cyclical sector average. Compared to its Consumer Cyclical sector average of 36.3%, Cavco Industries's gross margin is 37% lower.
The current gross margin for CVCO is 22.7% as of Sep 26, 2026.
The current operating margin for CVCO is 9.5% as of Sep 26, 2026.
For the period ending Sep 26, 2026, CVCO recorded an EBITDA margin of 11.2%.
For the period ending Sep 26, 2026, CVCO recorded a net margin of 7.7%.
Looking back over 3 years, CVCO recorded average margins of 23.4% gross, 9.8% operating, 11.8% EBITDA, and 8.5% net.
In the last 5 years, the highest margins reported by CVCO were 26% gross in Jul 2023, 14.4% operating in Dec 2022, 15.4% EBITDA in Dec 2022, and 12.7% net in Oct 2022.
Across the 5-year period, CVCO posted its lowest margins at 22.7% gross in Sep 2026, 8.9% operating in Sep 2024, 11.1% EBITDA in Sep 2024, and 7.7% net in Sep 2026.