CVCO vs SKY
Cavco Industries, Inc. and Champion Homes, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CVCO | SKY |
|---|---|---|
| Revenue | $2.2B | $2.7B |
| Net income | $190.6M | $206.9M |
| Gross margin | 23.5% | 26.4% |
| Net margin | 8.5% | 8.0% |
| Return on equity | 17.6% | 13.3% |
| Diluted EPS | $23.98 | $3.66 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $232.1M | $269.7M |
| Equity | $1.1B | $1.6B |
| Net debt / equity | · | −0.39× |
| Current ratio | 2.46× | 2.48× |
| Revenue CAGR 5y | 15.2% | 13.4% |
| Profit CAGR 5y | 20.0% | 19.5% |
SKY bills 1.2× the revenue of CVCO, and CVCO keeps more of each dollar of revenue as profit (8.5% against 8.0%).
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 | SKY |
|---|---|---|
| FY2025 | $2.2B | $2.7B |
| FY2024 | $2.0B | $2.5B |
| FY2023 | $1.8B | $2.0B |
| FY2022 | $2.1B | $2.6B |
| FY2021 | $1.6B | $2.2B |
| FY2020 | $1.1B | $1.4B |
| FY2019 | $1.1B | $1.4B |
| FY2018 | $962.7M | $1.4B |
| FY2017 | $871.2M | $1.1B |
| FY2016 | $773.8M | $861.3M |
Bottom line
| Fiscal year | CVCO | SKY |
|---|---|---|
| FY2025 | $190.6M | $206.9M |
| FY2024 | $171.0M | $198.4M |
| FY2023 | $157.8M | $146.7M |
| FY2022 | $240.6M | $401.8M |
| FY2021 | $197.7M | $248.0M |
| FY2020 | $76.6M | $84.9M |
| FY2019 | $75.1M | $58.2M |
| FY2018 | $68.6M | $-58.2M |
| FY2017 | $61.5M | $15.8M |
| FY2016 | $38.0M | $51.9M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$419,134,000 | SKY |
| FY2024 | −$467,990,000 | SKY |
| FY2023 | −$230,031,000 | SKY |
| FY2022 | −$463,847,000 | SKY |
| FY2021 | −$580,071,000 | SKY |
| FY2020 | −$312,830,000 | SKY |
| FY2019 | −$307,956,000 | SKY |
| FY2018 | −$397,297,000 | SKY |
| FY2017 | −$193,487,000 | SKY |
| FY2016 | −$87,522,000 | SKY |
| FY2015 | +$500,578,000 | CVCO |
| FY2014 | +$379,674,000 | CVCO |
| FY2013 | +$380,259,000 | CVCO |
| FY2012 | +$274,726,000 | CVCO |
| FY2011 | +$260,220,000 | CVCO |
| FY2010 | +$9,500,000 | CVCO |
The higher-revenue side has changed between CVCO and SKY over this period. The gap has widened since the earliest year compared.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
15 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.4 pp | CVCO |
| FY2024 | +0.4 pp | CVCO |
| FY2023 | +1.6 pp | CVCO |
| FY2022 | −4.2 pp | SKY |
| FY2021 | +0.9 pp | CVCO |
| FY2020 | +0.9 pp | CVCO |
| FY2019 | +2.8 pp | CVCO |
| FY2018 | +11.4 pp | CVCO |
| FY2017 | +5.6 pp | CVCO |
| FY2015 | +3.2 pp | CVCO |
| FY2014 | +9.8 pp | CVCO |
| FY2013 | +11.3 pp | CVCO |
| FY2012 | +8.2 pp | CVCO |
| FY2011 | +17.3 pp | CVCO |
| FY2010 | +18.8 pp | CVCO |
The higher net margin has changed hands between CVCO and SKY over this period.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SKY's net margin has been more volatile than CVCO's over the 15 comparable fiscal years — 8.6 percentage points of standard deviation against 2.9.
15 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 SKY over these 15 fiscal years — CVCO led in 14 and SKY in 1.
15 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SKY's return on equity has been more volatile than CVCO's over the 16 comparable fiscal years — 28.4 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 SKY over these 16 fiscal years — CVCO led in 12 and SKY in 4.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.