Cavco Industries vs Champion Homes
Champion Homes is the larger business, with $2.66bn of revenue in fiscal 2026 against $2.24bn for Cavco Industries (1.2 times as much). Cavco Industries grew faster (11.4% against 7.3%). Cavco Industries kept more of each dollar of sales as profit: a net margin of 8.5% against 7.8%. Cavco Industries carries less debt relative to equity (0.7% against 1.5%).
| Latest fiscal year | Cavco IndustriesCVCO, 2026 | Champion HomesSKY, 2026 |
|---|---|---|
| Revenue | $2.24bn | $2.66bn |
| Revenue growth | 11.4% | 7.3% |
| Net income | $191m | $207m |
| Operating margin | 10.2% | 9.5% |
| Net margin | 8.5% | 7.8% |
| Return on equity | 17.6% | 13.3% |
| Free cash flow | $232m | $270m |
| Cash | $237m | $638m |
| Total debt | $7.4m | $23.8m |
| Debt to equity | 0.7% | 1.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $160m | $200m |
| Employees | — | — |
| Market value | $4.98bn | $4.79bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 72 (Strong) | 51 (Moderate) |
| Insider trades, 12 months | 5 buys, 9 sales | 0 buys, 10 sales |