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Side-by-side financial comparison of CAVCO INDUSTRIES, INC. (CVCO) and TEXAS CAPITAL BANCSHARES INC (TCBI). Click either name above to swap in a different company.
CAVCO INDUSTRIES, INC. is the larger business by last-quarter revenue ($581.0M vs $324.0M, roughly 1.8× TEXAS CAPITAL BANCSHARES INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs 7.6%, a 15.2% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs 11.3%). Over the past eight quarters, CAVCO INDUSTRIES, INC.'s revenue compounded faster (17.6% CAGR vs 10.2%).
Cavco Industries, Inc. is an American company that manufactures modular homes, Recreational vehicle (RVs), vacation cabins, and manufactured homes. The company operates through a network of manufacturing facilities and retail locations across the United States. Cavco is Headquartered in Phoenix, Arizona.
Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.
CVCO vs TCBI — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $581.0M | $324.0M |
| Net Profit | $44.1M | $73.8M |
| Gross Margin | 23.4% | — |
| Operating Margin | 9.4% | — |
| Net Margin | 7.6% | 22.8% |
| Revenue YoY | 11.3% | 15.5% |
| Net Profit YoY | -22.0% | 56.8% |
| EPS (diluted) | $5.58 | $1.56 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $324.0M | ||
| Q4 25 | $581.0M | $327.5M | ||
| Q3 25 | $556.5M | $340.4M | ||
| Q2 25 | $556.9M | $307.5M | ||
| Q1 25 | $508.4M | $280.5M | ||
| Q4 24 | $522.0M | $229.6M | ||
| Q3 24 | $507.5M | $125.3M | ||
| Q2 24 | $477.6M | $267.0M |
| Q1 26 | — | $73.8M | ||
| Q4 25 | $44.1M | $100.7M | ||
| Q3 25 | $52.4M | $105.2M | ||
| Q2 25 | $51.6M | $77.3M | ||
| Q1 25 | $36.3M | $47.0M | ||
| Q4 24 | $56.5M | $71.0M | ||
| Q3 24 | $43.8M | $-61.3M | ||
| Q2 24 | $34.4M | $41.7M |
| Q1 26 | — | — | ||
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.2% | — | ||
| Q2 25 | 23.3% | — | ||
| Q1 25 | 22.8% | — | ||
| Q4 24 | 24.9% | — | ||
| Q3 24 | 22.9% | — | ||
| Q2 24 | 21.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 9.4% | 40.4% | ||
| Q3 25 | 11.2% | 40.5% | ||
| Q2 25 | 10.8% | 33.2% | ||
| Q1 25 | 7.6% | 21.6% | ||
| Q4 24 | 12.3% | 40.7% | ||
| Q3 24 | 9.7% | -63.8% | ||
| Q2 24 | 8.1% | 21.9% |
| Q1 26 | — | 22.8% | ||
| Q4 25 | 7.6% | 30.7% | ||
| Q3 25 | 9.4% | 30.9% | ||
| Q2 25 | 9.3% | 25.2% | ||
| Q1 25 | 7.1% | 16.8% | ||
| Q4 24 | 10.8% | 30.9% | ||
| Q3 24 | 8.6% | -48.9% | ||
| Q2 24 | 7.2% | 15.6% |
| Q1 26 | — | $1.56 | ||
| Q4 25 | $5.58 | $2.11 | ||
| Q3 25 | $6.55 | $2.18 | ||
| Q2 25 | $6.42 | $1.58 | ||
| Q1 25 | $4.42 | $0.92 | ||
| Q4 24 | $6.90 | $1.43 | ||
| Q3 24 | $5.28 | $-1.41 | ||
| Q2 24 | $4.11 | $0.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $241.9M | — |
| Total DebtLower is stronger | — | $878.3M |
| Stockholders' EquityBook value | $1.1B | $3.6B |
| Total Assets | $1.5B | $33.5B |
| Debt / EquityLower = less leverage | — | 0.24× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $241.9M | — | ||
| Q3 25 | $391.8M | — | ||
| Q2 25 | $362.4M | — | ||
| Q1 25 | $376.1M | — | ||
| Q4 24 | $378.9M | — | ||
| Q3 24 | $388.7M | — | ||
| Q2 24 | $380.0M | — |
| Q1 26 | — | $878.3M | ||
| Q4 25 | — | $620.6M | ||
| Q3 25 | — | $620.4M | ||
| Q2 25 | — | $620.3M | ||
| Q1 25 | — | $660.5M | ||
| Q4 24 | — | $660.3M | ||
| Q3 24 | — | $660.2M | ||
| Q2 24 | — | $660.0M |
| Q1 26 | — | $3.6B | ||
| Q4 25 | $1.1B | $3.6B | ||
| Q3 25 | $1.1B | $3.6B | ||
| Q2 25 | $1.1B | $3.5B | ||
| Q1 25 | $1.1B | $3.4B | ||
| Q4 24 | $1.1B | $3.4B | ||
| Q3 24 | $1.0B | $3.4B | ||
| Q2 24 | $1.0B | $3.2B |
| Q1 26 | — | $33.5B | ||
| Q4 25 | $1.5B | $31.5B | ||
| Q3 25 | $1.4B | $32.5B | ||
| Q2 25 | $1.4B | $31.9B | ||
| Q1 25 | $1.4B | $31.4B | ||
| Q4 24 | $1.4B | $30.7B | ||
| Q3 24 | $1.4B | $31.6B | ||
| Q2 24 | $1.4B | $29.9B |
| Q1 26 | — | 0.24× | ||
| Q4 25 | — | 0.17× | ||
| Q3 25 | — | 0.17× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.21× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.1M | — |
| Free Cash FlowOCF − Capex | $57.6M | — |
| FCF MarginFCF / Revenue | 9.9% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 1.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | $205.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.1M | $360.2M | ||
| Q3 25 | $78.5M | $166.3M | ||
| Q2 25 | $55.5M | $63.0M | ||
| Q1 25 | $38.6M | $368.0K | ||
| Q4 24 | $37.8M | $480.1M | ||
| Q3 24 | $54.7M | $332.8M | ||
| Q2 24 | $47.4M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $57.6M | $347.6M | ||
| Q3 25 | $68.7M | $161.3M | ||
| Q2 25 | $46.4M | $57.5M | ||
| Q1 25 | $32.5M | $-2.0M | ||
| Q4 24 | $32.3M | $415.2M | ||
| Q3 24 | $49.8M | $317.6M | ||
| Q2 24 | $42.4M | $11.1M |
| Q1 26 | — | — | ||
| Q4 25 | 9.9% | 106.1% | ||
| Q3 25 | 12.4% | 47.4% | ||
| Q2 25 | 8.3% | 18.7% | ||
| Q1 25 | 6.4% | -0.7% | ||
| Q4 24 | 6.2% | 180.9% | ||
| Q3 24 | 9.8% | 253.4% | ||
| Q2 24 | 8.9% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.5% | 3.8% | ||
| Q3 25 | 1.7% | 1.5% | ||
| Q2 25 | 1.6% | 1.8% | ||
| Q1 25 | 1.2% | 0.9% | ||
| Q4 24 | 1.0% | 28.2% | ||
| Q3 24 | 1.0% | 12.1% | ||
| Q2 24 | 1.0% | 8.3% |
| Q1 26 | — | — | ||
| Q4 25 | 1.50× | 3.58× | ||
| Q3 25 | 1.50× | 1.58× | ||
| Q2 25 | 1.08× | 0.81× | ||
| Q1 25 | 1.06× | 0.01× | ||
| Q4 24 | 0.67× | 6.76× | ||
| Q3 24 | 1.25× | — | ||
| Q2 24 | 1.38× | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
TCBI
Segment breakdown not available.
