Cavco Industries vs LGI Homes
Cavco Industries is the larger business, with $2.24bn of revenue in fiscal 2026 against $1.71bn for LGI Homes (1.3 times as much). Cavco Industries grew faster (11.4% against -22.6%). Cavco Industries kept more of each dollar of sales as profit: a net margin of 8.5% against 4.3%. Cavco Industries carries less debt relative to equity (0.7% against 80.0%).
| Latest fiscal year | Cavco IndustriesCVCO, 2026 | LGI HomesLGIH, 2025 |
|---|---|---|
| Revenue | $2.24bn | $1.71bn |
| Revenue growth | 11.4% | -22.6% |
| Net income | $191m | $72.6m |
| Operating margin | 10.2% | 4.7% |
| Net margin | 8.5% | 4.3% |
| Return on equity | 17.6% | 3.5% |
| Free cash flow | $232m | −$141m |
| Cash | $237m | $61.2m |
| Total debt | $7.4m | $1.68bn |
| Debt to equity | 0.7% | 80.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $160m | $23.6m |
| Employees | — | 1,056 |
| Market value | $4.98bn | $1.03bn |
| Price vs our value range | Within our value range | — |
| Moat score | 72 (Strong) | 65 (Moderate) |
| Insider trades, 12 months | 5 buys, 9 sales | 0 buys, 18 sales |