Cavco Industries (CVCO) Financial Statements
Price: $477.75
Market Cap: $3.83B
Avg Volume: 65.62K
Market Cap: $3.83B
Avg Volume: 65.62K
Country: US
Industry: Residential Construction
Sector: Consumer Cyclical
Industry: Residential Construction
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Cavco Industries.
Income Statement
| Breakdown | March 30, 2024 | April 01, 2023 | April 02, 2022 | April 03, 2021 | March 28, 2020 | March 30, 2019 | March 31, 2018 | April 01, 2017 | April 02, 2016 | March 28, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.79B | $2.14B | $1.63B | $1.11B | $1.06B | $962.75M | $871.24M | $773.80M | $712.35M | $566.66M |
| Cost of Revenue | $1.37B | $1.59B | $1.22B | $869.07M | $831.26M | $757.04M | $690.55M | $615.76M | $567.91M | $440.52M |
| Gross Profit | $426.90M | $554.93M | $408.75M | $238.98M | $230.52M | $205.71M | $180.68M | $158.04M | $144.44M | $126.14M |
| Gross Profit Ratio | 23.79% | 25.90% | 25.12% | 21.57% | 21.71% | 21.37% | 20.74% | 20.42% | 20.28% | 22.26% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $119.47M | $106.91M | $101.23M | $98.10M | $87.66M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $2.10M | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $247.92M | $258.32M | $206.25M | $150.15M | $145.61M | $121.57M | $106.91M | $101.23M | $98.10M | $87.66M |
| Other Expenses | $- | $385.00K | $10.20M | $8.82M | $9.57M | $5.98M | $9.15M | $2.92M | $2.05M | $3.44M |
| Operating Expenses | $247.92M | $258.32M | $206.25M | $150.15M | $145.61M | $121.57M | $106.91M | $101.23M | $98.10M | $87.66M |
| Cost and Expenses | $1.62B | $1.85B | $1.42B | $1.02B | $976.87M | $878.61M | $797.46M | $716.99M | $666.01M | $528.18M |
| Interest Income | $21.00M | $10.68M | $3.54M | $2.14M | $8.42M | $6.32M | $- | $- | $- | $- |
| Interest Expense | $1.65M | $910.00K | $702.00K | $738.00K | $1.50M | $3.44M | $4.40M | $4.44M | $4.36M | $4.59M |
| Depreciation and Amortization | $18.52M | $16.90M | $11.02M | $6.32M | $5.78M | $4.70M | $4.03M | $3.69M | $3.92M | $3.76M |
| EBITDA | $219.35M | $315.00M | $212.81M | $94.41M | $89.19M | $85.39M | $73.40M | $56.05M | $45.90M | $37.65M |
| EBITDA Ratio | 12.22% | 14.70% | 13.08% | 8.52% | 8.40% | 8.87% | 8.43% | 7.24% | 6.44% | 6.64% |
| Operating Income | $178.98M | $184.79M | $202.50M | $88.83M | $84.91M | $84.14M | $73.77M | $56.81M | $46.34M | $38.48M |
| Operating Income Ratio | 9.97% | 8.62% | 12.44% | 8.02% | 8.00% | 8.74% | 8.47% | 7.34% | 6.51% | 6.79% |
| Total Other Income Expenses Net | $20.20M | $10.15M | $9.49M | $8.09M | $8.07M | $2.54M | $4.75M | $-1.52M | $-2.31M | $-1.15M |
| Income Before Tax | $199.18M | $306.76M | $211.99M | $96.91M | $92.98M | $86.68M | $78.52M | $55.28M | $44.03M | $37.33M |
| Income Before Tax Ratio | 11.10% | 14.32% | 13.03% | 8.75% | 8.76% | 9.00% | 9.01% | 7.14% | 6.18% | 6.59% |
| Income Tax Expense | $41.27M | $65.92M | $14.25M | $20.27M | $17.91M | $18.05M | $17.02M | $17.33M | $15.49M | $13.51M |
| Net Income | $157.82M | $240.55M | $197.70M | $76.65M | $75.07M | $68.62M | $61.50M | $37.95M | $28.54M | $23.82M |
| Net Income Ratio | 8.79% | 11.23% | 12.15% | 6.92% | 7.07% | 7.13% | 7.06% | 4.91% | 4.01% | 4.20% |
| EPS | $18.55 | $27.20 | $21.54 | $8.34 | $8.22 | $7.56 | $6.82 | $4.23 | $3.21 | $2.69 |
| EPS Diluted | $18.37 | $26.95 | $21.34 | $8.25 | $8.10 | $7.40 | $6.68 | $4.17 | $3.15 | $2.64 |
| Weighted Average Shares Outstanding | 8.51M | 8.84M | 9.18M | 9.19M | 9.13M | 9.08M | 9.02M | 8.98M | 8.89M | 8.85M |
| Weighted Average Shares Outstanding Diluted | 8.59M | 8.92M | 9.26M | 9.29M | 9.27M | 9.27M | 9.20M | 9.11M | 9.05M | 9.02M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | March 30, 2024 | April 01, 2023 | April 02, 2022 | April 03, 2021 | March 28, 2020 | March 30, 2019 | March 31, 2018 | April 01, 2017 | April 02, 2016 | March 28, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $352.69M | $271.43M | $244.15M | $322.28M | $241.83M | $187.37M | $186.77M | $132.54M | $97.77M | $96.60M |
| Short Term Investments | $18.27M | $14.98M | $20.09M | $19.50M | $14.58M | $12.62M | $11.87M | $11.29M | $10.14M | $7.11M |
| Cash and Short Term Investments | $370.96M | $286.40M | $264.24M | $341.77M | $256.41M | $199.99M | $198.63M | $143.83M | $107.91M | $103.70M |
| Net Receivables | $141.15M | $150.42M | $149.34M | $104.32M | $90.60M | $85.99M | $71.62M | $70.27M | $54.59M | $53.40M |
| Inventory | $241.34M | $263.15M | $243.97M | $131.23M | $113.53M | $116.20M | $109.15M | $93.86M | $94.81M | $75.33M |
| Other Current Assets | $98.35M | $104.60M | $86.58M | $74.47M | $55.64M | $59.86M | $39.19M | $49.38M | $41.41M | $33.03M |
| Total Current Assets | $851.80M | $804.58M | $744.12M | $651.80M | $516.18M | $462.05M | $418.59M | $356.76M | $298.72M | $265.46M |
| Property Plant Equipment Net | $263.23M | $255.03M | $180.97M | $113.05M | $91.08M | $63.48M | $63.35M | $56.96M | $55.07M | $44.71M |
| Goodwill | $121.93M | $114.55M | $100.99M | $75.09M | $75.09M | $72.92M | $72.92M | $69.75M | $69.75M | $67.35M |
| Intangible Assets | $28.22M | $29.79M | $28.46M | $14.36M | $15.11M | $9.78M | $10.10M | $10.27M | $10.64M | $9.33M |
| Goodwill and Intangible Assets | $150.16M | $144.34M | $129.45M | $89.45M | $90.20M | $82.70M | $83.02M | $80.02M | $80.39M | $76.68M |
| Long Term Investments | $17.32M | $18.64M | $34.93M | $35.01M | $31.56M | $32.14M | $33.57M | $30.26M | $28.95M | $24.81M |
| Tax Assets | $- | $7.58M | $5.53M | $62.19M | $81.07M | $7.00M | $7.58M | $21.12M | $20.61M | $20.59M |
| Other Non-Current Assets | $71.66M | $77.81M | $59.97M | $335.00K | $335.00K | $77.85M | $68.66M | $62.19M | $70.10M | $70.33M |
| Total Non-Current Assets | $502.36M | $503.40M | $410.86M | $300.03M | $294.25M | $263.17M | $256.19M | $250.55M | $255.12M | $237.12M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.35B | $1.31B | $1.15B | $951.83M | $810.43M | $725.22M | $674.78M | $607.32M | $553.84M | $502.58M |
| Account Payables | $33.53M | $30.73M | $43.08M | $32.12M | $29.92M | $29.30M | $23.79M | $24.01M | $18.51M | $17.80M |
| Short Term Debt | $- | $- | $-24.92M | $1.78M | $2.33M | $20.60M | $27.20M | $7.40M | $8.65M | $5.02M |
| Tax Payables | $- | $- | $- | $- | $1.91M | $1.77M | $1.99M | $1.68M | $1.28M | $1.09M |
| Deferred Revenue | $- | $45.19M | $56.32M | $41.84M | $22.05M | $17.80M | $21.89M | $18.89M | $16.86M | $15.83M |
| Other Current Liabilities | $239.74M | $234.76M | $225.39M | $203.20M | $117.33M | $104.03M | $105.33M | $87.71M | $78.29M | $60.03M |
| Total Current Liabilities | $273.27M | $293.39M | $294.17M | $237.10M | $172.10M | $174.01M | $176.33M | $140.22M | $125.09M | $101.47M |
| Long Term Debt | $35.15M | $21.68M | $23.99M | $23.70M | $23.37M | $14.62M | $33.77M | $51.57M | $54.91M | $60.37M |
| Deferred Revenue Non-Current | $- | $- | $-17.19M | $-17.73M | $-20.00M | $-21.62M | $-41.34M | $-51.57M | $-54.91M | $-60.37M |
| Deferred Tax Liabilities Non-Current | $4.58M | $7.58M | $5.53M | $7.39M | $7.29M | $7.00M | $7.58M | $21.12M | $20.61M | $20.59M |
| Other Non-Current Liabilities | $7.76M | $7.82M | $- | $- | $77.00K | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $47.48M | $37.08M | $29.52M | $31.09M | $30.74M | $21.62M | $41.34M | $72.69M | $75.52M | $80.96M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $320.75M | $330.47M | $323.69M | $268.19M | $202.84M | $195.63M | $217.67M | $212.91M | $200.61M | $182.43M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $94.00K | $93.00K | $93.00K | $92.00K | $92.00K | $91.00K | $90.00K | $90.00K | $89.00K | $89.00K |
| Retained Earnings | $1.03B | $869.31M | $628.76M | $431.06M | $355.14M | $280.08M | $209.38M | $148.14M | $110.19M | $81.64M |
| Accumulated Other Comprehensive Income Loss | $-333.00K | $-615.00K | $-403.00K | $97.00K | $90.00K | $-28.00K | $1.44M | $1.39M | $1.29M | $504.00K |
| Other Total Stockholders Equity | $6.52M | $107.50M | $202.01M | $252.39M | $252.26M | $249.45M | $246.20M | $244.79M | $241.66M | $237.92M |
| Total Stockholders Equity | $1.03B | $976.29M | $830.46M | $683.64M | $607.59M | $529.59M | $457.11M | $394.41M | $353.23M | $320.15M |
| Total Equity | $1.03B | $977.50M | $831.28M | $683.64M | $607.59M | $529.59M | $457.11M | $394.41M | $353.23M | $320.15M |
| Total Liabilities and Stockholders Equity | $1.35B | $1.31B | $1.15B | $951.83M | $810.43M | $725.22M | $674.78M | $607.32M | $553.84M | $502.58M |
| Minority Interest | $- | $1.22M | $825.00K | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.35B | $1.31B | $1.15B | $951.83M | $810.43M | $725.22M | $674.78M | $607.32M | $553.84M | $502.58M |
| Total Investments | $35.59M | $33.62M | $55.02M | $54.51M | $46.14M | $44.76M | $45.44M | $41.55M | $39.09M | $31.92M |
| Total Debt | $35.15M | $21.68M | $24.78M | $25.55M | $25.70M | $34.14M | $59.81M | $57.99M | $61.17M | $66.96M |
| Net Debt | $-317.54M | $-249.75M | $-219.37M | $-296.73M | $-216.13M | $-153.23M | $-126.95M | $-74.55M | $-36.59M | $-29.64M |
Cash Flow Statement
| Breakdown | March 30, 2024 | April 01, 2023 | April 02, 2022 | April 03, 2021 | March 28, 2020 | March 30, 2019 | March 31, 2018 | April 01, 2017 | April 02, 2016 | March 28, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $157.82M | $240.84M | $197.74M | $76.65M | $75.07M | $68.62M | $61.50M | $37.95M | $28.54M | $23.82M |
| Depreciation and Amortization | $18.52M | $16.90M | $11.02M | $6.32M | $5.78M | $4.70M | $4.03M | $3.69M | $3.92M | $3.76M |
| Deferred Income Tax | $-3.08M | $2.11M | $-1.73M | $326.00K | $261.00K | $-762.00K | $-4.26M | $-2.12M | $-2.22M | $662.00K |
| Stock Based Compensation | $6.76M | $6.26M | $5.06M | $4.39M | $3.88M | $3.37M | $2.32M | $2.12M | $1.76M | $1.66M |
| Change in Working Capital | $- | $-18.19M | $-84.74M | $33.14M | $18.02M | $-47.51M | $4.71M | $11.34M | $5.13M | $-1.69M |
| Accounts Receivables | $11.57M | $10.24M | $-27.27M | $-4.60M | $-1.44M | $-5.68M | $-4.12M | $-2.15M | $3.33M | $-6.21M |
| Inventory | $44.86M | $38.87M | $-73.80M | $-17.70M | $8.25M | $-7.05M | $-13.43M | $958.00K | $-3.98M | $-5.61M |
| Accounts Payables | $-22.26M | $-13.40M | $38.23M | $47.23M | $6.44M | $-452.80M | $7.32M | $17.36M | $15.52M | $10.15M |
| Other Working Capital | $- | $-35.70M | $-21.89M | $8.21M | $4.77M | $418.03M | $14.92M | $-4.83M | $-9.74M | $-32.00K |
| Other Non Cash Items | $44.66M | $7.76M | $16.88M | $-6.79M | $-1.27M | $4.42M | $-9.53M | $-8.20M | $6.41M | $-2.50M |
| Net Cash Provided by Operating Activities | $224.68M | $255.69M | $144.22M | $114.03M | $101.74M | $32.84M | $58.77M | $44.79M | $43.54M | $25.70M |
| Investments in Property Plant and Equipment | $-17.42M | $-44.11M | $-18.65M | $-25.54M | $-14.34M | $-7.64M | $-8.39M | $-5.29M | $-3.52M | $-2.21M |
| Acquisitions Net | $-19.20M | $-93.45M | $-141.43M | $240.00K | $-15.94M | $125.00K | $-1.64M | $145.00K | $-28.12M | $- |
| Purchases of Investments | $-13.03M | $-12.53M | $-12.80M | $-17.52M | $-11.70M | $-7.34M | $-12.54M | $-10.93M | $-17.11M | $-16.71M |
| Sales Maturities of Investments | $13.13M | $18.93M | $12.45M | $19.47M | $10.19M | $9.03M | $17.42M | $9.02M | $10.43M | $10.78M |
| Other Investing Activities | $4.80M | $1.82M | $1.33M | $2.19M | $6.54M | $1.82M | $474.00K | $145.00K | $93.00K | $6.04M |
| Net Cash Used for Investing Activities | $-31.71M | $-129.34M | $-159.10M | $-23.35M | $-25.24M | $-5.82M | $-4.67M | $-7.06M | $-38.23M | $-2.10M |
| Debt Repayment | $-488.00K | $-641.00K | $-9.28M | $-2.72M | $-19.69M | $-26.30M | $1.04M | $-3.96M | $-6.13M | $-4.13M |
| Common Stock Issued | $- | $- | $- | $- | $- | $-114.00K | $- | $-1.39M | $705.00K | $- |
| Common Stock Repurchased | $-109.31M | $-103.41M | $-59.60M | $-1.44M | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $2.09M | $1.86M | $3.78M | $-2.82M | $-1.07M | $-114.00K | $-915.00K | $1.00M | $1.98M | $4.18M |
| Net Cash Used Provided by Financing Activities | $-107.71M | $-102.20M | $-65.09M | $-6.98M | $-20.76M | $-26.41M | $124.00K | $-2.96M | $-4.15M | $49.00K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $85.26M | $24.16M | $-79.97M | $83.70M | $55.74M | $611.00K | $54.22M | $34.78M | $1.17M | $23.65M |
| Cash at End of Period | $368.75M | $283.49M | $259.33M | $339.31M | $255.61M | $199.87M | $186.77M | $132.54M | $97.77M | $96.60M |
| Cash at Beginning of Period | $283.49M | $259.33M | $339.31M | $255.61M | $199.87M | $199.26M | $132.54M | $97.77M | $96.60M | $72.95M |
| Operating Cash Flow | $224.68M | $255.69M | $144.22M | $114.03M | $101.74M | $32.84M | $58.77M | $44.79M | $43.54M | $25.70M |
| Capital Expenditure | $-17.42M | $-44.11M | $-18.65M | $-25.54M | $-14.34M | $-7.64M | $-8.39M | $-5.29M | $-3.52M | $-2.21M |
| Free Cash Flow | $207.26M | $211.59M | $125.57M | $88.49M | $87.40M | $25.20M | $50.38M | $39.50M | $40.02M | $23.49M |