Cavco Industries vs Legacy Housing
Cavco Industries reported revenue of $2.2 billion in fiscal 2026, 13.6 times Legacy Housing's $165 million in fiscal 2025. Cavco Industries' revenue grew 11.4% in its latest year, and Legacy Housing's fell 10.7%. Cavco Industries had an operating margin of 10.2%, against 29.4% at Legacy Housing. Free cash flow was $232 million at Cavco Industries and $28 million at Legacy Housing. Their fiscal years end in different months (March 28 and December 31), so the periods don't line up exactly.
Side by side
| Cavco Industries | Legacy Housing | |
|---|---|---|
| Latest fiscal year | FY2026, Mar 28, 2026 | FY2025, Dec 31, 2025 |
| Revenue | $2.2B | $165M |
| Revenue growth | 11.4% | −10.7% |
| Revenue growth a year, last 5 years | 15.2% | −1.4% |
| Gross margin | 23.5% | 48.5% |
| Operating margin | 10.2% | 29.4% |
| Net margin | 8.5% | 25.4% |
| Free cash flow | $232M | $28M |
| Free cash flow margin | 10.3% | 17.1% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $160M | $8M |
| Change in diluted share count | −3.8% | −3.5% |
| Last close | $638.55 | $29.17 |
| P/E at the last close | 27.0× | 10.9× |
| Insider trades, last 12 months | bought $866,594, sold $3.3 million | — |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Cavco IndustriesLegacy Housing
Operating margin
Percent of revenue
Cavco IndustriesLegacy Housing
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Cavco IndustriesLegacy Housing
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Cavco Industries and Legacy Housing pages.