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CAVCO INDUSTRIES, INC.（CVCO）与Champion Homes, Inc.（SKY）财务数据对比。点击上方公司名可切换其他公司
Champion Homes, Inc.的季度营收约是CAVCO INDUSTRIES, INC.的1.1倍（$656.6M vs $581.0M）。Champion Homes, Inc.净利率更高（8.3% vs 7.6%，领先0.7%）。CAVCO INDUSTRIES, INC.同比增速更快（11.3% vs 1.8%）。Champion Homes, Inc.自由现金流更多（$92.9M vs $57.6M）。过去两年CAVCO INDUSTRIES, INC.的营收复合增速更高（17.6% vs 10.6%）
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。
Champion Homes, Inc.是移动及模块化住宅制造企业，为北美头部模块化住宅建造商之一，业务覆盖美国及加拿大西部地区，提供工厂预制住宅产品，可满足不同场景的居住需求，凭借工业化生产优势保障住房品质与交付效率。
CVCO vs SKY — 直观对比
营收规模更大
SKY
是对方的1.1倍
$581.0M
营收增速更快
CVCO
高出9.5%
1.8%
净利率更高
SKY
高出0.7%
7.6%
自由现金流更多
SKY
多$35.3M
$57.6M
两年增速更快
CVCO
近两年复合增速
10.6%
损益表 — Q3 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $581.0M | $656.6M |
| 净利润 | $44.1M | $54.3M |
| 毛利率 | 23.4% | 26.2% |
| 营业利润率 | 9.4% | 9.5% |
| 净利率 | 7.6% | 8.3% |
| 营收同比 | 11.3% | 1.8% |
| 净利润同比 | -22.0% | -11.7% |
| 每股收益（稀释后） | $5.58 | $0.97 |
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CVCOSKY
| Q4 25 | $581.0M | $656.6M | ||
| Q3 25 | $556.5M | $684.4M | ||
| Q2 25 | $556.9M | $701.3M | ||
| Q1 25 | $508.4M | $593.9M | ||
| Q4 24 | $522.0M | $644.9M | ||
| Q3 24 | $507.5M | $616.9M | ||
| Q2 24 | $477.6M | $627.8M | ||
| Q1 24 | $420.1M | $536.4M |
净利润CVCOSKY
| Q4 25 | $44.1M | $54.3M | ||
| Q3 25 | $52.4M | $58.2M | ||
| Q2 25 | $51.6M | $64.7M | ||
| Q1 25 | $36.3M | $36.3M | ||
| Q4 24 | $56.5M | $61.5M | ||
| Q3 24 | $43.8M | $54.7M | ||
| Q2 24 | $34.4M | $45.8M | ||
| Q1 24 | $33.9M | $2.8M |
毛利率CVCOSKY
| Q4 25 | 23.4% | 26.2% | ||
| Q3 25 | 24.2% | 27.5% | ||
| Q2 25 | 23.3% | 27.1% | ||
| Q1 25 | 22.8% | 25.7% | ||
| Q4 24 | 24.9% | 28.1% | ||
| Q3 24 | 22.9% | 27.0% | ||
| Q2 24 | 21.7% | 26.2% | ||
| Q1 24 | 23.6% | 18.3% |
营业利润率CVCOSKY
| Q4 25 | 9.4% | 9.5% | ||
| Q3 25 | 11.2% | 10.9% | ||
| Q2 25 | 10.8% | 11.2% | ||
| Q1 25 | 7.6% | 7.1% | ||
| Q4 24 | 12.3% | 11.3% | ||
| Q3 24 | 9.7% | 10.8% | ||
| Q2 24 | 8.1% | 8.8% | ||
| Q1 24 | 8.9% | 1.4% |
净利率CVCOSKY
| Q4 25 | 7.6% | 8.3% | ||
| Q3 25 | 9.4% | 8.5% | ||
| Q2 25 | 9.3% | 9.2% | ||
| Q1 25 | 7.1% | 6.1% | ||
| Q4 24 | 10.8% | 9.5% | ||
| Q3 24 | 8.6% | 8.9% | ||
| Q2 24 | 7.2% | 7.3% | ||
| Q1 24 | 8.1% | 0.5% |
每股收益（稀释后）CVCOSKY
| Q4 25 | $5.58 | $0.97 | ||
| Q3 25 | $6.55 | $1.03 | ||
| Q2 25 | $6.42 | $1.13 | ||
| Q1 25 | $4.42 | $0.63 | ||
| Q4 24 | $6.90 | $1.06 | ||
| Q3 24 | $5.28 | $0.94 | ||
| Q2 24 | $4.11 | $0.79 | ||
| Q1 24 | $4.05 | $0.04 |
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 | $659.8M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.1B | $1.6B |
| 总资产 | $1.5B | $2.1B |
| 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CVCOSKY
| Q4 25 | $241.9M | $659.8M | ||
| Q3 25 | $391.8M | $618.7M | ||
| Q2 25 | $362.4M | $605.3M | ||
| Q1 25 | $376.1M | $610.3M | ||
| Q4 24 | $378.9M | $581.8M | ||
| Q3 24 | $388.7M | $570.2M | ||
| Q2 24 | $380.0M | $548.9M | ||
| Q1 24 | $371.0M | $495.1M |
股东权益CVCOSKY
| Q4 25 | $1.1B | $1.6B | ||
| Q3 25 | $1.1B | $1.6B | ||
| Q2 25 | $1.1B | $1.6B | ||
| Q1 25 | $1.1B | $1.5B | ||
| Q4 24 | $1.1B | $1.5B | ||
| Q3 24 | $1.0B | $1.5B | ||
| Q2 24 | $1.0B | $1.5B | ||
| Q1 24 | $1.0B | $1.4B |
总资产CVCOSKY
| Q4 25 | $1.5B | $2.1B | ||
| Q3 25 | $1.4B | $2.1B | ||
| Q2 25 | $1.4B | $2.1B | ||
| Q1 25 | $1.4B | $2.1B | ||
| Q4 24 | $1.4B | $2.0B | ||
| Q3 24 | $1.4B | $2.0B | ||
| Q2 24 | $1.4B | $2.0B | ||
| Q1 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 | $100.0M |
| 自由现金流经营现金流 - 资本支出 | $57.6M | $92.9M |
| 自由现金流率自由现金流/营收 | 9.9% | 14.1% |
| 资本支出强度资本支出/营收 | 1.5% | 1.1% |
| 现金转化率经营现金流/净利润 | 1.50× | 1.84× |
| 过去12个月自由现金流最近4个季度 | $205.3M | $259.7M |
8季度趋势，按日历期对齐
经营现金流CVCOSKY
| Q4 25 | $66.1M | $100.0M | ||
| Q3 25 | $78.5M | $75.9M | ||
| Q2 25 | $55.5M | $75.3M | ||
| Q1 25 | $38.6M | $46.0M | ||
| Q4 24 | $37.8M | $50.4M | ||
| Q3 24 | $54.7M | $59.8M | ||
| Q2 24 | $47.4M | $84.6M | ||
| Q1 24 | — | — |
自由现金流CVCOSKY
| Q4 25 | $57.6M | $92.9M | ||
| Q3 25 | $68.7M | $67.0M | ||
| Q2 25 | $46.4M | $66.4M | ||
| Q1 25 | $32.5M | $33.4M | ||
| Q4 24 | $32.3M | $37.3M | ||
| Q3 24 | $49.8M | $45.7M | ||
| Q2 24 | $42.4M | $73.9M | ||
| Q1 24 | — | — |
自由现金流率CVCOSKY
| Q4 25 | 9.9% | 14.1% | ||
| Q3 25 | 12.4% | 9.8% | ||
| Q2 25 | 8.3% | 9.5% | ||
| Q1 25 | 6.4% | 5.6% | ||
| Q4 24 | 6.2% | 5.8% | ||
| Q3 24 | 9.8% | 7.4% | ||
| Q2 24 | 8.9% | 11.8% | ||
| Q1 24 | — | — |
资本支出强度CVCOSKY
| Q4 25 | 1.5% | 1.1% | ||
| Q3 25 | 1.7% | 1.3% | ||
| Q2 25 | 1.6% | 1.3% | ||
| Q1 25 | 1.2% | 2.1% | ||
| Q4 24 | 1.0% | 2.0% | ||
| Q3 24 | 1.0% | 2.3% | ||
| Q2 24 | 1.0% | 1.7% | ||
| Q1 24 | — | — |
现金转化率CVCOSKY
| Q4 25 | 1.50× | 1.84× | ||
| Q3 25 | 1.50× | 1.30× | ||
| Q2 25 | 1.08× | 1.16× | ||
| Q1 25 | 1.06× | 1.27× | ||
| Q4 24 | 0.67× | 0.82× | ||
| Q3 24 | 1.25× | 1.09× | ||
| Q2 24 | 1.38× | 1.85× | ||
| 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% |
SKY
| Manufacturing | $369.7M | 56% |
| Retail | $252.7M | 38% |
| Canadian Factory Built Housing | $25.8M | 4% |
| Transportation And Other | $8.5M | 1% |
