Cavco Industries Inc - Company Profile
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Cavco Industries Inc (Cavco) is a designer and builder of systems-built structures. Its product portfolio includes residential homes, park model homes, vacation cabins, modular homes, manufactured homes, and commercial structures. The company markets these products under various brands such as Cavco, Fleetwood, Palm Harbor, Nationwide, Fairmont, Friendship, Chariot Eagle, Solitaire Homes, Destiny, Commodore, Colony, Pennwest, R-Anell, Manorwood and MidCountry. It also offers property and casualty insurance, and financing services. The company has homebuilding facilities located in the Northwest, Southeast, South, Midwest, Southwest, and Mid-Atlantic regions. The homes are distributed by company-owned retail outlets and independent retailers and with a network in several states in the US and Canada. Cavco is headquartered in Phoenix, Arizona, the US.
Headquarters
United States of America
Address
3636 North Central Ave, Ste 1200, Phoenix, Arizona, 85012
Website
www.cavco.com
Telephone
1 602 2566263
No of Employees
7,000
Industry
Construction
Ticker Symbol & Exchange
CVCO (NASD)
Revenue (2023)
$2.1B
31.7%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
21.7%
(2023 vs 2022)
Market Cap*
$3.1B
Net Profit Margin (2023)
XYZ
-7.6%
(2023 vs 2022)
* As of and is in US$
Cavco Industries Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Residential Homes | Insurance | Cavco |
| Park Model Homes and Cabin RV’s | Mortgage Lending | Fleetwood |
| Cabins and Cottages | Financing Services | Palm Harbor |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In January, the company acquired Solitaire Homes, Inc, a manufactured home builder and retailer. |
| 2023 | New Products/Services | In January, the company launched its new website for affordable homes. |
| 2022 | Corporate Changes/Expansions | In October, the company opened its new manufacturing facility in Hamlet, North Carolina, the US. |
Competitor Comparison
| Key Parameters | Cavco Industries Inc | D.R. Horton Inc | Skyline Champion Corp | Beazer Homes USA Inc | Cascade Financial Corporation |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Phoenix | Arlington | Troy | Atlanta | Everett |
| State/Province | Arizona | Texas | Michigan | Georgia | Washington |
| No. of Employees | 7,000 | 13,450 | 7,700 | 1,067 | 200 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| William C. Boor | Director; Chief Executive Officer; President | Executive Board | 2019 | 57 |
| Allison K. Aden | Executive Vice President; Chief Financial Officer; Treasurer | Senior Management | 2021 | 62 |
| Paul W. Bigbee | Chief Accounting Officer | Senior Management | 2020 | 55 |
| Seth Schuknecht | General Counsel; Chief Compliance Officer; Executive Vice President; Corporate Secretary | Senior Management | 2024 | - |
| Steven G. Bunger | Chairman | Non Executive Board | 2019 | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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