CVCO (Cavco Industries) EBIT: $245 Mil (TTM As of Mar. 2026)


CVCO Cavco Industries Inc CVCO
95 GF Score
Price $608.52
GF Value $533.89
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Cavco Industries EBIT?

Cavco Industries CVCO -0.59% 95 EBIT is $245 Mil as of Mar. 2026. GuruFocus rates CVCO with a GF Score™ of 95/100 and a GF Value™ of $533.89 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Cavco Industries's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $55 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $245 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cavco Industries's annualized ROC % for the quarter that ended in Mar. 2026 was 15.56%. Cavco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 46.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cavco Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.49%.

Cavco Industries  (NAS:CVCO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cavco Industries's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=205.892 * ( 1 - 22.16% )/( (1029.158 + 1031.014)/ 2 )
=160.2663328/1030.086
=15.56 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1472.195 - 201.144 - ( 241.893 - max(0, 328.677 - 816.795+241.893))
=1029.158

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1491.139 - 207.171 - ( 252.954 - max(0, 335.398 - 824.733+252.954))
=1031.014

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cavco Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=218.74/( ( (314.892 + max(159.872, 0)) + (312.468 + max(160.497, 0)) )/ 2 )
=218.74/( ( 474.764 + 472.965 )/ 2 )
=218.74/473.8645
=46.16 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.956 + 290.54 + 92.053) - (201.144 + 48.259 + 79.274)
=159.872

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.288 + 295.671 + 91.936) - (207.171 + 54.128 + 74.099)
=160.497

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cavco Industries's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=245.241/4467.982
=5.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cavco Industries EBIT Related Terms

Cavco Industries EBIT Historical Data

* Premium members only.

The historical data trend for Cavco Industries's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cavco Industries EBIT Chart

Cavco Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 212.69 307.67 200.83 211.59 245.24

Cavco Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.07 65.46 67.37 57.73 54.69

CVCO vs SKY, MTH, MHO: EBIT Comparison

For the Residential Construction subindustry, Cavco Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cavco Industries EV-to-EBIT vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Cavco Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cavco Industries's EV-to-EBIT falls into.


CVCO
95GF Score
Cavco Industries Inc CVCO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cavco Industries EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $245 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $245 Mil mean?
Cavco Industries (CVCO) has a EBIT of $245 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cavco Industries.
Is Cavco Industries' EBIT too high?
Cavco Industries' current EBIT is $245 Mil. Overall, Cavco Industries has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cavco Industries' EBIT compare to SKY and MTH?
Cavco Industries' EBIT of $245 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Homebuilding & Construction company?
A good EBIT depends on the Homebuilding & Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cavco Industries. Cavco Industries's current EBIT is $245 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cavco Industries stock overvalued right now?
Based on GuruFocus' analysis, Cavco Industries (CVCO) is currently considered Modestly Overvalued. The stock's GF Value™ is $533.89, compared to a current price of $608.52 — trading 14% above its estimated fair value. The current EBIT is $245 Mil. Cavco Industries' overall GF Score™ is 95/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cavco Industries (CVCO), the current EBIT is $245 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cavco Industries (CVCO) Overvalued in 2026?

Based on GuruFocus' analysis, Cavco Industries stock appears to be overvalued. The current stock price of $608.52 is trading 14% above its estimated GF Value™ of $533.89. GuruFocus considers Cavco Industries to be Modestly Overvalued.

Key valuation signals for CVCO:

  • EBIT: $245 Mil
  • GF Value™: $533.89 vs. price of $608.52 (14% above fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the CVCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Cavco Industries Business Description

Address 3636 North Central Avenue, Suite 1200, Phoenix, AZ, USA, 85012
Cavco Industries Inc designs and produces factory-built homes distributed through a network of independent and company-owned retailers, planned community operators and residential developers. It is also a producer of park model RVs, vacation cabins and Factory-built commercial structures. It operates principally in two segments: factory-built housing, which includes wholesale and retail factory-built housing operations and Financial services, which include manufactured housing consumer finance and insurance. The factory-built housing segment generates the majority of revenue from building and selling manufactured and modular homes to both wholesale customers and end consumers through company owned retail stores.
95GF Score

Get the complete analysis for CVCO

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$608.52
Price
$533.89
GF Value