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CAVCO INDUSTRIES, INC.（CVCO）与达美乐（DPZ）财务数据对比。点击上方公司名可切换其他公司
达美乐的季度营收约是CAVCO INDUSTRIES, INC.的2.0倍（$1.2B vs $581.0M），达美乐净利率更高（12.2% vs 7.6%，领先4.6%），CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs 3.5%），达美乐自由现金流更多（$147.0M vs $57.6M），过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs 3.0%）
Cavco工业是总部位于美国亚利桑那州凤凰城的制造企业，主营模块化住宅、休闲房车、度假木屋及预制房屋产品，在美国各地布局有完善的制造工厂与零售门店网络，可满足多元居住及休闲场景的使用需求。
达美乐是1960年成立的美国跨国披萨连锁品牌，注册地位于特拉华州，总部坐落在密歇根州安娜堡附近的安娜堡镇达美乐农场办公园区。截至2018年，品牌已在全球83个国家和地区的5701座城市开设约15000家门店，其中美国、印度、英国分别有5649家、1500家和1249家门店。
CVCO vs DPZ — 直观对比
营收规模更大
DPZ
是对方的2.0倍
$581.0M
营收增速更快
CVCO
高出7.8%
3.5%
净利率更高
DPZ
高出4.6%
7.6%
自由现金流更多
DPZ
多$89.4M
$57.6M
两年增速更快
CVCO
近两年复合增速
3.0%
损益表 — Q3 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $1.2B |
| 净利润 | $44.1M | $139.8M |
| 毛利率 | 23.4% | 40.4% |
| 营业利润率 | 9.4% | 20.0% |
| 净利率 | 7.6% | 12.2% |
| 营收同比 | 11.3% | 3.5% |
| 净利润同比 | -22.0% | -6.6% |
| 每股收益（稀释后） | $5.58 | $4.13 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CVCODPZ
| Q1 26 | — | $1.2B | ||
| Q4 25 | $581.0M | — | ||
| Q3 25 | $556.5M | $1.1B | ||
| Q2 25 | $556.9M | $1.1B | ||
| Q1 25 | $508.4M | $1.1B | ||
| Q4 24 | $522.0M | $1.4B | ||
| Q3 24 | $507.5M | $1.1B | ||
| Q2 24 | $477.6M | $1.1B |
净利润CVCODPZ
| Q1 26 | — | $139.8M | ||
| Q4 25 | $44.1M | — | ||
| Q3 25 | $52.4M | $139.3M | ||
| Q2 25 | $51.6M | $131.1M | ||
| Q1 25 | $36.3M | $149.7M | ||
| Q4 24 | $56.5M | $169.4M | ||
| Q3 24 | $43.8M | $146.9M | ||
| Q2 24 | $34.4M | $142.0M |
毛利率CVCODPZ
| Q1 26 | — | 40.4% | ||
| Q4 25 | 23.4% | — | ||
| Q3 25 | 24.2% | 40.1% | ||
| Q2 25 | 23.3% | 40.3% | ||
| Q1 25 | 22.8% | 39.8% | ||
| Q4 24 | 24.9% | 39.2% | ||
| Q3 24 | 22.9% | 39.2% | ||
| Q2 24 | 21.7% | 39.8% |
营业利润率CVCODPZ
| Q1 26 | — | 20.0% | ||
| Q4 25 | 9.4% | — | ||
| Q3 25 | 11.2% | 19.5% | ||
| Q2 25 | 10.8% | 19.7% | ||
| Q1 25 | 7.6% | 18.9% | ||
| Q4 24 | 12.3% | 19.0% | ||
| Q3 24 | 9.7% | 18.4% | ||
| Q2 24 | 8.1% | 17.9% |
净利率CVCODPZ
| Q1 26 | — | 12.2% | ||
| Q4 25 | 7.6% | — | ||
| Q3 25 | 9.4% | 12.1% | ||
| Q2 25 | 9.3% | 11.4% | ||
| Q1 25 | 7.1% | 13.5% | ||
| Q4 24 | 10.8% | 11.7% | ||
| Q3 24 | 8.6% | 13.6% | ||
| Q2 24 | 7.2% | 12.9% |
每股收益（稀释后）CVCODPZ
| Q1 26 | — | $4.13 | ||
| Q4 25 | $5.58 | — | ||
| Q3 25 | $6.55 | $4.08 | ||
| Q2 25 | $6.42 | $3.81 | ||
| Q1 25 | $4.42 | $4.33 | ||
| Q4 24 | $6.90 | $4.89 | ||
| Q3 24 | $5.28 | $4.19 | ||
| Q2 24 | $4.11 | $4.03 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $241.9M | $232.9M |
| 总债务越低越好 | — | $4.9B |
| 股东权益账面价值 | $1.1B | — |
| 总资产 | $1.5B | $1.8B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资CVCODPZ
| Q1 26 | — | $232.9M | ||
| Q4 25 | $241.9M | — | ||
| Q3 25 | $391.8M | $139.7M | ||
| Q2 25 | $362.4M | $272.9M | ||
| Q1 25 | $376.1M | $304.3M | ||
| Q4 24 | $378.9M | $186.1M | ||
| Q3 24 | $388.7M | $189.1M | ||
| Q2 24 | $380.0M | $283.7M |
总债务CVCODPZ
| Q1 26 | — | $4.9B | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $3.8B | ||
| Q1 25 | — | $3.8B | ||
| Q4 24 | — | $3.8B | ||
| Q3 24 | — | $5.0B | ||
| Q2 24 | — | $5.0B |
股东权益CVCODPZ
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $-4.0B | ||
| Q2 25 | $1.1B | $-4.0B | ||
| Q1 25 | $1.1B | $-3.9B | ||
| Q4 24 | $1.1B | $-4.0B | ||
| Q3 24 | $1.0B | $-4.0B | ||
| Q2 24 | $1.0B | $-3.9B |
总资产CVCODPZ
| Q1 26 | — | $1.8B | ||
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $1.7B | ||
| Q2 25 | $1.4B | $1.8B | ||
| Q1 25 | $1.4B | $1.9B | ||
| Q4 24 | $1.4B | $1.7B | ||
| Q3 24 | $1.4B | $1.8B | ||
| Q2 24 | $1.4B | $1.9B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $66.1M | $162.0M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $147.0M |
| 自由现金流率自由现金流/营收 | 9.9% | 12.8% |
| 资本支出强度资本支出/营收 | 1.5% | 1.3% |
| 现金转化率经营现金流/净利润 | 1.50× | 1.16× |
| 过去12个月自由现金流最近4个季度 | $205.3M | $642.6M |
8季度趋势，按日历期对齐
经营现金流CVCODPZ
| Q1 26 | — | $162.0M | ||
| Q4 25 | $66.1M | — | ||
| Q3 25 | $78.5M | $185.4M | ||
| Q2 25 | $55.5M | $187.8M | ||
| Q1 25 | $38.6M | $179.1M | ||
| Q4 24 | $37.8M | $178.0M | ||
| Q3 24 | $54.7M | $172.7M | ||
| Q2 24 | $47.4M | $150.7M |
自由现金流CVCODPZ
| Q1 26 | — | $147.0M | ||
| Q4 25 | $57.6M | — | ||
| Q3 25 | $68.7M | $164.0M | ||
| Q2 25 | $46.4M | $167.3M | ||
| Q1 25 | $32.5M | $164.3M | ||
| Q4 24 | $32.3M | $135.9M | ||
| Q3 24 | $49.8M | $145.6M | ||
| Q2 24 | $42.4M | $127.2M |
自由现金流率CVCODPZ
| Q1 26 | — | 12.8% | ||
| Q4 25 | 9.9% | — | ||
| Q3 25 | 12.4% | 14.3% | ||
| Q2 25 | 8.3% | 14.6% | ||
| Q1 25 | 6.4% | 14.8% | ||
| Q4 24 | 6.2% | 9.4% | ||
| Q3 24 | 9.8% | 13.5% | ||
| Q2 24 | 8.9% | 11.6% |
资本支出强度CVCODPZ
| Q1 26 | — | 1.3% | ||
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.7% | 1.9% | ||
| Q2 25 | 1.6% | 1.8% | ||
| Q1 25 | 1.2% | 1.3% | ||
| Q4 24 | 1.0% | 2.9% | ||
| Q3 24 | 1.0% | 2.5% | ||
| Q2 24 | 1.0% | 2.1% |
现金转化率CVCODPZ
| Q1 26 | — | 1.16× | ||
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.50× | 1.33× | ||
| Q2 25 | 1.08× | 1.43× | ||
| Q1 25 | 1.06× | 1.20× | ||
| Q4 24 | 0.67× | 1.05× | ||
| Q3 24 | 1.25× | 1.18× | ||
| Q2 24 | 1.38× | 1.06× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CVCO
| Manufactured Product Other | $532.5M | 92% |
| Other | $26.0M | 4% |
| Financial Service Other | $20.5M | 4% |
| Insurance Agency Commissions | $2.0M | 0% |
DPZ
| Supply chain | $699.0M | 61% |
| U.S. franchise royalties and fees | $158.0M | 14% |
| U.S. franchise advertising | $130.5M | 11% |
| U.S. Company-owned stores | $82.1M | 7% |
| International franchise royalties and fees | $81.0M | 7% |
