vs
CAVCO INDUSTRIES, INC.（CVCO）与Dave & Buster's Entertainment, Inc.（PLAY）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Dave & Buster's Entertainment, Inc.的1.3倍（$581.0M vs $448.2M），CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -9.4%，领先17.0%），CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs -1.1%），CAVCO INDUSTRIES, INC.自由现金流更多（$57.6M vs $-20.6M），过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs -13.5%）
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。
戴夫与巴斯特娱乐是总部位于美国达拉斯的餐饮娱乐企业，旗下每家门店都配备全套服务餐厅、酒吧以及名为“百万美元 midway”的游戏游乐区。截至2024年2月，该公司共开设162家门店，其中美国本土158家，波多黎各和加拿大各设2家门店，主打餐饮与休闲娱乐融合的消费体验。
CVCO vs PLAY — 直观对比
营收规模更大
CVCO
是对方的1.3倍
$448.2M
营收增速更快
CVCO
高出12.4%
-1.1%
净利率更高
CVCO
高出17.0%
-9.4%
自由现金流更多
CVCO
多$78.2M
$-20.6M
两年增速更快
CVCO
近两年复合增速
-13.5%
损益表 — Q3 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $448.2M |
| 净利润 | $44.1M | $-42.1M |
| 毛利率 | 23.4% | 85.8% |
| 营业利润率 | 9.4% | -3.6% |
| 净利率 | 7.6% | -9.4% |
| 营收同比 | 11.3% | -1.1% |
| 净利润同比 | -22.0% | -28.7% |
| 每股收益（稀释后） | $5.58 | $-1.22 |
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CVCOPLAY
| Q4 25 | $581.0M | $448.2M | ||
| Q3 25 | $556.5M | $557.4M | ||
| Q2 25 | $556.9M | $567.7M | ||
| Q1 25 | $508.4M | $534.5M | ||
| Q4 24 | $522.0M | $453.0M | ||
| Q3 24 | $507.5M | $557.1M | ||
| Q2 24 | $477.6M | $588.1M | ||
| Q1 24 | $420.1M | $599.0M |
净利润CVCOPLAY
| Q4 25 | $44.1M | $-42.1M | ||
| Q3 25 | $52.4M | $11.4M | ||
| Q2 25 | $51.6M | $21.7M | ||
| Q1 25 | $36.3M | $9.3M | ||
| Q4 24 | $56.5M | $-32.7M | ||
| Q3 24 | $43.8M | $40.3M | ||
| Q2 24 | $34.4M | $41.4M | ||
| Q1 24 | $33.9M | $36.1M |
毛利率CVCOPLAY
| Q4 25 | 23.4% | 85.8% | ||
| Q3 25 | 24.2% | 86.3% | ||
| Q2 25 | 23.3% | 85.5% | ||
| Q1 25 | 22.8% | 85.5% | ||
| Q4 24 | 24.9% | 85.0% | ||
| Q3 24 | 22.9% | 85.3% | ||
| Q2 24 | 21.7% | 85.2% | ||
| Q1 24 | 23.6% | 84.1% |
营业利润率CVCOPLAY
| Q4 25 | 9.4% | -3.6% | ||
| Q3 25 | 11.2% | 9.5% | ||
| Q2 25 | 10.8% | 11.1% | ||
| Q1 25 | 7.6% | 8.3% | ||
| Q4 24 | 12.3% | 1.4% | ||
| Q3 24 | 9.7% | 15.2% | ||
| Q2 24 | 8.1% | 14.5% | ||
| Q1 24 | 8.9% | 14.9% |
净利率CVCOPLAY
| Q4 25 | 7.6% | -9.4% | ||
| Q3 25 | 9.4% | 2.0% | ||
| Q2 25 | 9.3% | 3.8% | ||
| Q1 25 | 7.1% | 1.7% | ||
| Q4 24 | 10.8% | -7.2% | ||
| Q3 24 | 8.6% | 7.2% | ||
| Q2 24 | 7.2% | 7.0% | ||
| Q1 24 | 8.1% | 6.0% |
每股收益（稀释后）CVCOPLAY
| Q4 25 | $5.58 | $-1.22 | ||
| Q3 25 | $6.55 | $0.32 | ||
| Q2 25 | $6.42 | $0.62 | ||
| Q1 25 | $4.42 | $0.32 | ||
| Q4 24 | $6.90 | $-0.84 | ||
| Q3 24 | $5.28 | $0.99 | ||
| Q2 24 | $4.11 | $0.99 | ||
| Q1 24 | $4.05 | $0.95 |
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 | $13.6M |
| 总债务越低越好 | — | $1.6B |
| 股东权益账面价值 | $1.1B | $130.8M |
| 总资产 | $1.5B | $4.1B |
| 负债/权益比越低杠杆越低 | — | 12.17× |
8季度趋势，按日历期对齐
现金及短期投资CVCOPLAY
| Q4 25 | $241.9M | $13.6M | ||
| Q3 25 | $391.8M | $12.0M | ||
| Q2 25 | $362.4M | $11.9M | ||
| Q1 25 | $376.1M | $6.9M | ||
| Q4 24 | $378.9M | $8.6M | ||
| Q3 24 | $388.7M | $13.1M | ||
| Q2 24 | $380.0M | $32.1M | ||
| Q1 24 | $371.0M | $37.3M |
总债务CVCOPLAY
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.6B | ||
| Q1 25 | — | $1.5B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.3B |
股东权益CVCOPLAY
| Q4 25 | $1.1B | $130.8M | ||
| Q3 25 | $1.1B | $166.2M | ||
| Q2 25 | $1.1B | $146.8M | ||
| Q1 25 | $1.1B | $145.8M | ||
| Q4 24 | $1.1B | $226.6M | ||
| Q3 24 | $1.0B | $284.4M | ||
| Q2 24 | $1.0B | $292.5M | ||
| Q1 24 | $1.0B | $251.2M |
总资产CVCOPLAY
| Q4 25 | $1.5B | $4.1B | ||
| Q3 25 | $1.4B | $4.1B | ||
| Q2 25 | $1.4B | $4.1B | ||
| Q1 25 | $1.4B | $4.0B | ||
| Q4 24 | $1.4B | $3.9B | ||
| Q3 24 | $1.4B | $3.8B | ||
| Q2 24 | $1.4B | $3.8B | ||
| Q1 24 | $1.4B | $3.8B |
负债/权益比CVCOPLAY
| Q4 25 | — | 12.17× | ||
| Q3 25 | — | 9.57× | ||
| Q2 25 | — | 10.98× | ||
| Q1 25 | — | 10.45× | ||
| Q4 24 | — | 6.58× | ||
| Q3 24 | — | 4.72× | ||
| Q2 24 | — | 4.58× | ||
| Q1 24 | — | 5.33× |
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 | $58.0M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $-20.6M |
| 自由现金流率自由现金流/营收 | 9.9% | -4.6% |
| 资本支出强度资本支出/营收 | 1.5% | 17.5% |
| 现金转化率经营现金流/净利润 | 1.50× | — |
| 过去12个月自由现金流最近4个季度 | $205.3M | $-195.6M |
8季度趋势，按日历期对齐
经营现金流CVCOPLAY
| Q4 25 | $66.1M | $58.0M | ||
| Q3 25 | $78.5M | $34.0M | ||
| Q2 25 | $55.5M | $95.8M | ||
| Q1 25 | $38.6M | $108.9M | ||
| Q4 24 | $37.8M | $-7.2M | ||
| Q3 24 | $54.7M | $101.8M | ||
| Q2 24 | $47.4M | $108.8M | ||
| Q1 24 | — | $97.2M |
自由现金流CVCOPLAY
| Q4 25 | $57.6M | $-20.6M | ||
| Q3 25 | $68.7M | $-55.2M | ||
| Q2 25 | $46.4M | $-58.8M | ||
| Q1 25 | $32.5M | $-61.0M | ||
| Q4 24 | $32.3M | $-138.4M | ||
| Q3 24 | $49.8M | $-14.3M | ||
| Q2 24 | $42.4M | $-4.2M | ||
| Q1 24 | — | $-25.4M |
自由现金流率CVCOPLAY
| Q4 25 | 9.9% | -4.6% | ||
| Q3 25 | 12.4% | -9.9% | ||
| Q2 25 | 8.3% | -10.4% | ||
| Q1 25 | 6.4% | -11.4% | ||
| Q4 24 | 6.2% | -30.6% | ||
| Q3 24 | 9.8% | -2.6% | ||
| Q2 24 | 8.9% | -0.7% | ||
| Q1 24 | — | -4.2% |
资本支出强度CVCOPLAY
| Q4 25 | 1.5% | 17.5% | ||
| Q3 25 | 1.7% | 16.0% | ||
| Q2 25 | 1.6% | 27.2% | ||
| Q1 25 | 1.2% | 31.8% | ||
| Q4 24 | 1.0% | 29.0% | ||
| Q3 24 | 1.0% | 20.8% | ||
| Q2 24 | 1.0% | 19.2% | ||
| Q1 24 | — | 20.5% |
现金转化率CVCOPLAY
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.50× | 2.98× | ||
| Q2 25 | 1.08× | 4.41× | ||
| Q1 25 | 1.06× | 11.71× | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 1.25× | 2.53× | ||
| Q2 24 | 1.38× | 2.63× | ||
| Q1 24 | — | 2.69× |
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% |
PLAY
| Game Play Credit Usage | $273.1M | 61% |
| Food And Nonalcoholic Beverages | $115.1M | 26% |
| Alcoholic Beverage | $53.7M | 12% |
| Other Entertainment | $6.3M | 1% |
| Gift Card Revenue | $3.5M | 1% |
