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Cavco Industries vs Legacy Housing: revenue, profit, margins and growth compared

Cavco Industries brought in $2.2B of revenue in fiscal 2026, Legacy Housing $164.6M in fiscal 2025. Revenue changed by +11.4% at Cavco Industries and -10.7% at Legacy Housing on the year before, so Cavco Industries grew faster. Cavco Industries kept 8.5% of its revenue as net profit, Legacy Housing 25.4%. Free cash flow was $232.1M at Cavco Industries and $28.2M at Legacy Housing.

Side by side, latest fiscal year

CVCOLEGH
Fiscal year endedFY2026 (March 28, 2026)FY2025 (December 31, 2025)
Revenue$2.2B$164.6M
Revenue growth+11.4%-10.7%
Net income$190.6M$41.8M
Net margin8.5%25.4%
Free cash flow$232.1M$28.2M
Free cash flow margin10.3%17.1%
Earnings per share (diluted)$23.98$1.74
Cash$236.7M$8.5M
Debt$7.4Mn/a
Price to earnings23.216.8
Market value$4.3B$696.8M
Dividend yieldn/an/a
Rank by revenue in sector#338 of 778 · Consumer discretionary#669 of 778 · Consumer discretionary

Over the years

Revenue
CVCO FY2019: $962.7MCVCO FY2020: $1.1BCVCO FY2021: $1.1BCVCO FY2022: $1.6BCVCO FY2023: $2.1BCVCO FY2024: $1.8BCVCO FY2025: $2BCVCO FY2026: $2.2BLEGH FY2019: $161.9MLEGH FY2019: $169MLEGH FY2020: $176.7MLEGH FY2021: $197.5MLEGH FY2022: $257MLEGH FY2023: $189.1MLEGH FY2024: $184.2MLEGH FY2025: $164.6MFY19FY20FY21FY22FY23FY24FY25FY26
CVCO $2.2BLEGH $164.6M
Net income
CVCO FY2019: $68.6MCVCO FY2020: $75.1MCVCO FY2021: $76.6MCVCO FY2022: $197.7MCVCO FY2023: $240.6MCVCO FY2024: $157.8MCVCO FY2025: $171MCVCO FY2026: $190.6MLEGH FY2019: $21.5MLEGH FY2019: $28.8MLEGH FY2020: $38MLEGH FY2021: $49.9MLEGH FY2022: $67.8MLEGH FY2023: $54.5MLEGH FY2024: $61.6MLEGH FY2025: $41.8MFY19FY20FY21FY22FY23FY24FY25FY26
CVCO $190.6MLEGH $41.8M
Net margin
CVCO FY2019: 7.1%CVCO FY2020: 7.1%CVCO FY2021: 6.9%CVCO FY2022: 12.1%CVCO FY2023: 11.2%CVCO FY2024: 8.8%CVCO FY2025: 8.5%CVCO FY2026: 8.5%LEGH FY2019: 13.3%LEGH FY2019: 17.1%LEGH FY2020: 21.5%LEGH FY2021: 25.3%LEGH FY2022: 26.4%LEGH FY2023: 28.8%LEGH FY2024: 33.5%LEGH FY2025: 25.4%FY19FY20FY21FY22FY23FY24FY25FY26
CVCO 8.5%LEGH 25.4%
Revenue growth
CVCO FY2020: +10.3%CVCO FY2021: +4.4%CVCO FY2022: +46.8%CVCO FY2023: +31.7%CVCO FY2024: -16.2%CVCO FY2025: +12.3%CVCO FY2026: +11.4%LEGH FY2019: +4.4%LEGH FY2020: +4.6%LEGH FY2021: +11.8%LEGH FY2022: +30.1%LEGH FY2023: -26.4%LEGH FY2024: -2.6%LEGH FY2025: -10.7%FY19FY20FY21FY22FY23FY24FY25FY26
CVCO +11.4%LEGH -10.7%
Free cash flow
CVCO FY2019: $25.2MCVCO FY2020: $87.4MCVCO FY2021: $88.5MCVCO FY2022: $125.6MCVCO FY2023: $211.6MCVCO FY2024: $207.3MCVCO FY2025: $157.1MCVCO FY2026: $232.1MLEGH FY2019: -$3.3MLEGH FY2019: -$8.4MLEGH FY2020: -$4.7MLEGH FY2021: $54.3MLEGH FY2022: -$5.5MLEGH FY2023: -$21.2MLEGH FY2024: $26.8MLEGH FY2025: $28.2MFY19FY20FY21FY22FY23FY24FY25FY26
CVCO $232.1MLEGH $28.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Cavco Industries and Legacy Housing

Which is bigger by revenue, Cavco Industries or Legacy Housing?

Cavco Industries is bigger by revenue: $2.2B in fiscal 2026, against $164.6M for Legacy Housing in fiscal 2025.

Which keeps more of its revenue as profit, Cavco Industries or Legacy Housing?

Cavco Industries had a net margin of 8.5% in fiscal 2026; Legacy Housing had 25.4% in fiscal 2025.

Which grew revenue faster, Cavco Industries or Legacy Housing?

In their latest fiscal years revenue changed by +11.4% at Cavco Industries and -10.7% at Legacy Housing.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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