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CAVCO INDUSTRIES, INC.（CVCO）与Soho House & Co Inc.（SHCO）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Soho House & Co Inc.的1.6倍（$581.0M vs $370.8M），CAVCO INDUSTRIES, INC.净利率更高（7.6% vs -5.0%，领先12.6%），CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs 11.2%），CAVCO INDUSTRIES, INC.自由现金流更多（$57.6M vs $3.5M），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。
Soho House & Co Inc.是面向媒体、艺术及时尚领域从业者的国际私人会员俱乐部，主打为创意产业相关人群提供专属社交、休闲与资源对接空间，在全球多个核心城市布局线下据点，服务注重圈层属性与文化氛围的高端用户群体。
CVCO vs SHCO — 直观对比
营收规模更大
CVCO
是对方的1.6倍
$370.8M
营收增速更快
CVCO
高出0.1%
11.2%
净利率更高
CVCO
高出12.6%
-5.0%
自由现金流更多
CVCO
多$54.2M
$3.5M
两年增速更快
CVCO
近两年复合增速
13.5%
损益表 — Q3 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $370.8M |
| 净利润 | $44.1M | $-18.7M |
| 毛利率 | 23.4% | — |
| 营业利润率 | 9.4% | -1.6% |
| 净利率 | 7.6% | -5.0% |
| 营收同比 | 11.3% | 11.2% |
| 净利润同比 | -22.0% | -10790.3% |
| 每股收益（稀释后） | $5.58 | $-0.10 |
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CVCOSHCO
| Q4 25 | $581.0M | — | ||
| Q3 25 | $556.5M | $370.8M | ||
| Q2 25 | $556.9M | $329.8M | ||
| Q1 25 | $508.4M | $282.9M | ||
| Q4 24 | $522.0M | $305.6M | ||
| Q3 24 | $507.5M | $333.4M | ||
| Q2 24 | $477.6M | $302.9M | ||
| Q1 24 | $420.1M | $261.9M |
净利润CVCOSHCO
| Q4 25 | $44.1M | — | ||
| Q3 25 | $52.4M | $-18.7M | ||
| Q2 25 | $51.6M | $24.9M | ||
| Q1 25 | $36.3M | $8.2M | ||
| Q4 24 | $56.5M | $-91.7M | ||
| Q3 24 | $43.8M | $175.0K | ||
| Q2 24 | $34.4M | $-29.9M | ||
| Q1 24 | $33.9M | $-41.6M |
毛利率CVCOSHCO
| 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 24 | 23.6% | — |
营业利润率CVCOSHCO
| Q4 25 | 9.4% | — | ||
| Q3 25 | 11.2% | -1.6% | ||
| Q2 25 | 10.8% | 18.1% | ||
| Q1 25 | 7.6% | 12.3% | ||
| Q4 24 | 12.3% | -23.1% | ||
| Q3 24 | 9.7% | 11.4% | ||
| Q2 24 | 8.1% | -4.3% | ||
| Q1 24 | 8.9% | -9.3% |
净利率CVCOSHCO
| Q4 25 | 7.6% | — | ||
| Q3 25 | 9.4% | -5.0% | ||
| Q2 25 | 9.3% | 7.5% | ||
| Q1 25 | 7.1% | 2.9% | ||
| Q4 24 | 10.8% | -30.0% | ||
| Q3 24 | 8.6% | 0.1% | ||
| Q2 24 | 7.2% | -9.9% | ||
| Q1 24 | 8.1% | -15.9% |
每股收益（稀释后）CVCOSHCO
| Q4 25 | $5.58 | — | ||
| Q3 25 | $6.55 | $-0.10 | ||
| Q2 25 | $6.42 | $0.13 | ||
| Q1 25 | $4.42 | $0.04 | ||
| Q4 24 | $6.90 | $-0.48 | ||
| Q3 24 | $5.28 | $0.00 | ||
| Q2 24 | $4.11 | $-0.15 | ||
| Q1 24 | $4.05 | $-0.21 |
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 | $142.5M |
| 总债务越低越好 | — | $735.8M |
| 股东权益账面价值 | $1.1B | $-351.6M |
| 总资产 | $1.5B | $2.7B |
| 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CVCOSHCO
| Q4 25 | $241.9M | — | ||
| Q3 25 | $391.8M | $142.5M | ||
| Q2 25 | $362.4M | $150.3M | ||
| Q1 25 | $376.1M | $150.1M | ||
| Q4 24 | $378.9M | $152.7M | ||
| Q3 24 | $388.7M | $142.8M | ||
| Q2 24 | $380.0M | $148.5M | ||
| Q1 24 | $371.0M | $139.8M |
总债务CVCOSHCO
| Q4 25 | — | — | ||
| Q3 25 | — | $735.8M | ||
| Q2 25 | — | $729.8M | ||
| Q1 25 | — | $705.1M | ||
| Q4 24 | — | $691.5M | ||
| Q3 24 | — | $694.8M | ||
| Q2 24 | — | $682.1M | ||
| Q1 24 | — | $671.7M |
股东权益CVCOSHCO
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $-351.6M | ||
| Q2 25 | $1.1B | $-348.6M | ||
| Q1 25 | $1.1B | $-340.1M | ||
| Q4 24 | $1.1B | $-335.1M | ||
| Q3 24 | $1.0B | $-279.4M | ||
| Q2 24 | $1.0B | $-231.7M | ||
| Q1 24 | $1.0B | $-193.0M |
总资产CVCOSHCO
| Q4 25 | $1.5B | — | ||
| Q3 25 | $1.4B | $2.7B | ||
| Q2 25 | $1.4B | $2.6B | ||
| Q1 25 | $1.4B | $2.5B | ||
| Q4 24 | $1.4B | $2.4B | ||
| Q3 24 | $1.4B | $2.6B | ||
| Q2 24 | $1.4B | $2.6B | ||
| Q1 24 | $1.4B | $2.5B |
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 | $34.9M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $3.5M |
| 自由现金流率自由现金流/营收 | 9.9% | 0.9% |
| 资本支出强度资本支出/营收 | 1.5% | 8.5% |
| 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 | $41.9M |
8季度趋势，按日历期对齐
经营现金流CVCOSHCO
| Q4 25 | $66.1M | — | ||
| Q3 25 | $78.5M | $34.9M | ||
| Q2 25 | $55.5M | $41.0M | ||
| Q1 25 | $38.6M | $22.8M | ||
| Q4 24 | $37.8M | $26.9M | ||
| Q3 24 | $54.7M | $20.6M | ||
| Q2 24 | $47.4M | $36.0M | ||
| Q1 24 | — | $6.2M |
自由现金流CVCOSHCO
| Q4 25 | $57.6M | — | ||
| Q3 25 | $68.7M | $3.5M | ||
| Q2 25 | $46.4M | $12.4M | ||
| Q1 25 | $32.5M | $7.5M | ||
| Q4 24 | $32.3M | $18.5M | ||
| Q3 24 | $49.8M | $10.3M | ||
| Q2 24 | $42.4M | $10.2M | ||
| Q1 24 | — | $-13.5M |
自由现金流率CVCOSHCO
| Q4 25 | 9.9% | — | ||
| Q3 25 | 12.4% | 0.9% | ||
| Q2 25 | 8.3% | 3.8% | ||
| Q1 25 | 6.4% | 2.7% | ||
| Q4 24 | 6.2% | 6.1% | ||
| Q3 24 | 9.8% | 3.1% | ||
| Q2 24 | 8.9% | 3.4% | ||
| Q1 24 | — | -5.2% |
资本支出强度CVCOSHCO
| Q4 25 | 1.5% | — | ||
| Q3 25 | 1.7% | 8.5% | ||
| Q2 25 | 1.6% | 8.7% | ||
| Q1 25 | 1.2% | 5.4% | ||
| Q4 24 | 1.0% | 2.7% | ||
| Q3 24 | 1.0% | 3.1% | ||
| Q2 24 | 1.0% | 8.5% | ||
| Q1 24 | — | 7.5% |
现金转化率CVCOSHCO
| Q4 25 | 1.50× | — | ||
| Q3 25 | 1.50× | — | ||
| Q2 25 | 1.08× | 1.65× | ||
| Q1 25 | 1.06× | 2.79× | ||
| Q4 24 | 0.67× | — | ||
| Q3 24 | 1.25× | 117.70× | ||
| Q2 24 | 1.38× | — | ||
| Q1 24 | — | — |
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% |
SHCO
| Membership | $122.7M | 33% |
| Other | $122.0M | 33% |
| Membership Revenue | $58.5M | 16% |
| Other Revenue | $28.5M | 8% |
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $24.8M | 7% |
| Elimination Of Equity Accounted Revenue | $13.4M | 4% |
| Related Party | $2.0M | 1% |
| Soho House | $1.0M | 0% |
