vs
CAVCO INDUSTRIES, INC.（CVCO）与Legacy Housing Corp（LEGH）财务数据对比。点击上方公司名可切换其他公司
CAVCO INDUSTRIES, INC.的季度营收约是Legacy Housing Corp的22.8倍（$581.0M vs $25.5M）。Legacy Housing Corp净利率更高（32.2% vs 7.6%，领先24.6%）。CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs -30.6%）。CAVCO INDUSTRIES, INC.自由现金流更多（$57.6M vs $15.7M）。过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs -9.1%）
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。
Legacy Housing Corp是美国知名的经济型预制住宅、微型住宅及配套居住单元制造商，主要面向北美中低收入消费群体，提供可定制住房解决方案、配套建材及相关售后服务，服务个人及社区开发类客户。
CVCO vs LEGH — 直观对比
营收规模更大
CVCO
是对方的22.8倍
$25.5M
营收增速更快
CVCO
高出41.9%
-30.6%
净利率更高
LEGH
高出24.6%
7.6%
自由现金流更多
CVCO
多$41.9M
$15.7M
两年增速更快
CVCO
近两年复合增速
-9.1%
损益表 — Q3 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $25.5M |
| 净利润 | $44.1M | $8.2M |
| 毛利率 | 23.4% | 26.4% |
| 营业利润率 | 9.4% | 40.4% |
| 净利率 | 7.6% | 32.2% |
| 营收同比 | 11.3% | -30.6% |
| 净利润同比 | -22.0% | -43.5% |
| 每股收益（稀释后） | $5.58 | $0.38 |
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CVCOLEGH
| Q4 25 | $581.0M | $25.5M | ||
| Q3 25 | $556.5M | $28.8M | ||
| Q2 25 | $556.9M | $38.4M | ||
| Q1 25 | $508.4M | $24.3M | ||
| Q4 24 | $522.0M | $36.7M | ||
| Q3 24 | $507.5M | $30.2M | ||
| Q2 24 | $477.6M | $31.7M | ||
| Q1 24 | $420.1M | $30.8M |
净利润CVCOLEGH
| Q4 25 | $44.1M | $8.2M | ||
| Q3 25 | $52.4M | $8.6M | ||
| Q2 25 | $51.6M | $14.7M | ||
| Q1 25 | $36.3M | $10.3M | ||
| Q4 24 | $56.5M | $14.5M | ||
| Q3 24 | $43.8M | $15.8M | ||
| Q2 24 | $34.4M | $16.2M | ||
| Q1 24 | $33.9M | $15.1M |
毛利率CVCOLEGH
| Q4 25 | 23.4% | 26.4% | ||
| Q3 25 | 24.2% | 20.2% | ||
| Q2 25 | 23.3% | 32.4% | ||
| Q1 25 | 22.8% | 29.2% | ||
| Q4 24 | 24.9% | 27.3% | ||
| Q3 24 | 22.9% | 29.2% | ||
| Q2 24 | 21.7% | 31.9% | ||
| Q1 24 | 23.6% | 33.6% |
营业利润率CVCOLEGH
| Q4 25 | 9.4% | 40.4% | ||
| Q3 25 | 11.2% | 33.7% | ||
| Q2 25 | 10.8% | 43.8% | ||
| Q1 25 | 7.6% | 47.7% | ||
| Q4 24 | 12.3% | 42.3% | ||
| Q3 24 | 9.7% | 50.8% | ||
| Q2 24 | 8.1% | 50.6% | ||
| Q1 24 | 8.9% | 54.3% |
净利率CVCOLEGH
| Q4 25 | 7.6% | 32.2% | ||
| Q3 25 | 9.4% | 30.0% | ||
| Q2 25 | 9.3% | 38.3% | ||
| Q1 25 | 7.1% | 42.3% | ||
| Q4 24 | 10.8% | 39.5% | ||
| Q3 24 | 8.6% | 52.4% | ||
| Q2 24 | 7.2% | 51.1% | ||
| Q1 24 | 8.1% | 49.1% |
每股收益（稀释后）CVCOLEGH
| Q4 25 | $5.58 | $0.38 | ||
| Q3 25 | $6.55 | $0.35 | ||
| Q2 25 | $6.42 | $0.60 | ||
| Q1 25 | $4.42 | $0.41 | ||
| Q4 24 | $6.90 | $0.59 | ||
| Q3 24 | $5.28 | $0.64 | ||
| Q2 24 | $4.11 | $0.65 | ||
| Q1 24 | $4.05 | $0.60 |
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 | $8.5M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $528.6M |
| 总资产 | $1.5B | $580.3M |
| 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CVCOLEGH
| Q4 25 | $241.9M | $8.5M | ||
| Q3 25 | $391.8M | $13.6M | ||
| Q2 25 | $362.4M | $2.6M | ||
| Q1 25 | $376.1M | $3.4M | ||
| Q4 24 | $378.9M | $1.1M | ||
| Q3 24 | $388.7M | $570.0K | ||
| Q2 24 | $380.0M | $60.0K | ||
| Q1 24 | $371.0M | $621.0K |
股东权益CVCOLEGH
| Q4 25 | $1.1B | $528.6M | ||
| Q3 25 | $1.1B | $521.6M | ||
| Q2 25 | $1.1B | $512.8M | ||
| Q1 25 | $1.1B | $503.7M | ||
| Q4 24 | $1.1B | $494.0M | ||
| Q3 24 | $1.0B | $479.3M | ||
| Q2 24 | $1.0B | $463.2M | ||
| Q1 24 | $1.0B | $450.4M |
总资产CVCOLEGH
| Q4 25 | $1.5B | $580.3M | ||
| Q3 25 | $1.4B | $557.9M | ||
| Q2 25 | $1.4B | $552.0M | ||
| Q1 25 | $1.4B | $544.6M | ||
| Q4 24 | $1.4B | $534.2M | ||
| Q3 24 | $1.4B | $521.4M | ||
| Q2 24 | $1.4B | $514.9M | ||
| Q1 24 | $1.4B | $510.0M |
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 | $19.0M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $15.7M |
| 自由现金流率自由现金流/营收 | 9.9% | 61.6% |
| 资本支出强度资本支出/营收 | 1.5% | 13.1% |
| 现金转化率经营现金流/净利润 | 1.50× | 2.32× |
| 过去12个月自由现金流最近4个季度 | $205.3M | $28.2M |
8季度趋势，按日历期对齐
经营现金流CVCOLEGH
| Q4 25 | $66.1M | $19.0M | ||
| Q3 25 | $78.5M | $7.2M | ||
| Q2 25 | $55.5M | $6.1M | ||
| Q1 25 | $38.6M | $4.9M | ||
| Q4 24 | $37.8M | $7.9M | ||
| Q3 24 | $54.7M | $13.8M | ||
| Q2 24 | $47.4M | $3.5M | ||
| Q1 24 | — | $10.8M |
自由现金流CVCOLEGH
| Q4 25 | $57.6M | $15.7M | ||
| Q3 25 | $68.7M | $5.1M | ||
| Q2 25 | $46.4M | $3.7M | ||
| Q1 25 | $32.5M | $3.6M | ||
| Q4 24 | $32.3M | $6.0M | ||
| Q3 24 | $49.8M | $9.1M | ||
| Q2 24 | $42.4M | $1.7M | ||
| Q1 24 | — | $9.9M |
自由现金流率CVCOLEGH
| Q4 25 | 9.9% | 61.6% | ||
| Q3 25 | 12.4% | 17.8% | ||
| Q2 25 | 8.3% | 9.6% | ||
| Q1 25 | 6.4% | 15.0% | ||
| Q4 24 | 6.2% | 16.4% | ||
| Q3 24 | 9.8% | 30.2% | ||
| Q2 24 | 8.9% | 5.4% | ||
| Q1 24 | — | 32.2% |
资本支出强度CVCOLEGH
| Q4 25 | 1.5% | 13.1% | ||
| Q3 25 | 1.7% | 7.1% | ||
| Q2 25 | 1.6% | 6.2% | ||
| Q1 25 | 1.2% | 5.2% | ||
| Q4 24 | 1.0% | 5.1% | ||
| Q3 24 | 1.0% | 15.6% | ||
| Q2 24 | 1.0% | 5.5% | ||
| Q1 24 | — | 2.8% |
现金转化率CVCOLEGH
| Q4 25 | 1.50× | 2.32× | ||
| Q3 25 | 1.50× | 0.83× | ||
| Q2 25 | 1.08× | 0.41× | ||
| Q1 25 | 1.06× | 0.48× | ||
| Q4 24 | 0.67× | 0.54× | ||
| Q3 24 | 1.25× | 0.88× | ||
| Q2 24 | 1.38× | 0.21× | ||
| Q1 24 | — | 0.71× |
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% |
LEGH
| Commercial Sales | $8.6M | 34% |
| Retail Store Sales | $6.0M | 24% |
| Inventory Finance Sales | $5.0M | 20% |
| Direct Sales | $4.4M | 17% |
| Other | $1.5M | 6% |
