CVCO vs LPX
Cavco Industries, Inc. and Louisiana-pacific Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CVCO | LPX |
|---|---|---|
| Revenue | $2.2B | $2.7B |
| Net income | $190.6M | $146.0M |
| Gross margin | 23.5% | 21.8% |
| Net margin | 8.5% | 5.4% |
| Return on equity | 17.6% | 8.6% |
| Diluted EPS | $23.98 | $2.08 |
| Dividend / share | · | $0.28 |
| Payout ratio | · | 53.4% |
| Free cash flow | $232.1M | $91.0M |
| Equity | $1.1B | $1.7B |
| Net debt / equity | · | 0.03× |
| Current ratio | 2.46× | 2.78× |
| Revenue CAGR 5y | 15.2% | 2.5% |
| Profit CAGR 5y | 20.0% | −21.8% |
LPX bills 1.2× the revenue of CVCO, and CVCO keeps more of each dollar of revenue as profit (8.5% against 5.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CVCO | LPX |
|---|---|---|
| FY2025 | $2.2B | $2.7B |
| FY2024 | $2.0B | $2.9B |
| FY2023 | $1.8B | $2.6B |
| FY2022 | $2.1B | $3.9B |
| FY2021 | $1.6B | $3.9B |
| FY2020 | $1.1B | $2.4B |
| FY2019 | $1.1B | $2.3B |
| FY2018 | $962.7M | $2.8B |
| FY2017 | $871.2M | $2.7B |
| FY2016 | $773.8M | $2.2B |
Bottom line
| Fiscal year | CVCO | LPX |
|---|---|---|
| FY2025 | $190.6M | $146.0M |
| FY2024 | $171.0M | $420.0M |
| FY2023 | $157.8M | $178.0M |
| FY2022 | $240.6M | $1.1B |
| FY2021 | $197.7M | $1.4B |
| FY2020 | $76.6M | $499.0M |
| FY2019 | $75.1M | $-5.0M |
| FY2018 | $68.6M | $395.0M |
| FY2017 | $61.5M | $390.0M |
| FY2016 | $38.0M | $149.8M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$463,495,000 | LPX |
| FY2024 | −$925,542,000 | LPX |
| FY2023 | −$786,208,000 | LPX |
| FY2022 | −$1,711,287,000 | LPX |
| FY2021 | −$2,287,842,000 | LPX |
| FY2020 | −$1,290,949,000 | LPX |
| FY2019 | −$1,248,226,000 | LPX |
| FY2018 | −$1,865,254,000 | LPX |
| FY2017 | −$1,862,765,000 | LPX |
| FY2016 | −$1,459,603,000 | LPX |
| FY2015 | −$1,180,148,000 | LPX |
| FY2014 | −$1,368,141,000 | LPX |
| FY2013 | −$1,551,861,000 | LPX |
| FY2012 | −$1,238,900,000 | LPX |
| FY2011 | −$885,634,000 | LPX |
| FY2010 | −$1,211,773,000 | LPX |
| FY2009 | −$945,388,000 | LPX |
LPX has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.1 pp | CVCO |
| FY2024 | −5.8 pp | LPX |
| FY2023 | +1.9 pp | CVCO |
| FY2022 | −16.9 pp | LPX |
| FY2021 | −22.9 pp | LPX |
| FY2020 | −13.8 pp | LPX |
| FY2019 | +7.5 pp | CVCO |
| FY2018 | −6.8 pp | LPX |
| FY2017 | −7.2 pp | LPX |
| FY2016 | −1.8 pp | LPX |
| FY2015 | +8.7 pp | CVCO |
| FY2014 | +8.1 pp | CVCO |
| FY2013 | −5.0 pp | LPX |
| FY2012 | +0.6 pp | CVCO |
| FY2011 | +20.3 pp | CVCO |
| FY2010 | +5.2 pp | CVCO |
| FY2009 | +8.2 pp | CVCO |
The higher net margin has changed hands between CVCO and LPX over this period.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LPX's net margin has been more volatile than CVCO's over the 17 comparable fiscal years — 12.8 percentage points of standard deviation against 3.6.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CVCO and LPX over these 17 fiscal years — CVCO led in 9 and LPX in 8.
17 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LPX's return on equity has been more volatile than CVCO's over the 16 comparable fiscal years — 32.8 percentage points of standard deviation against 6.8.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between CVCO and LPX over these 16 fiscal years — CVCO led in 8 and LPX in 8.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.