CVCO vs. PATK

Last updated Apr 2, 2026

Compare and contrast key facts about Cavco Industries, Inc. (CVCO) and Patrick Industries, Inc. (PATK).

Performance

CVCO vs. PATK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cavco Industries, Inc. (CVCO) and Patrick Industries, Inc. (PATK). The values are adjusted to include any dividend payments, if applicable.

CVCO vs. PATK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVCO Cavco Industries, Inc.	-17.79%	32.38%	28.74%	53.20%	-28.77%	81.05%	-10.20%	49.85%	-14.56%	52.83%
PATK Patrick Industries, Inc.	4.56%	32.70%	26.49%	69.62%	-23.07%	19.72%	32.77%	77.91%	-57.37%	36.53%

Fundamentals

Market Cap CVCO : $3.88B PATK : $3.98B
EPS CVCO : $33.55 PATK : $3.90
PE Ratio CVCO : 14.48 PATK : 28.94
PS Ratio CVCO : 1.76 PATK : 0.99
PB Ratio CVCO : 3.56 PATK : 3.36
Total Revenue (TTM) CVCO : $2.20B PATK : $3.95B
Gross Profit (TTM) CVCO : $515.95M PATK : $912.86M
EBITDA (TTM) CVCO : $237.77M PATK : $293.54M

Returns By Period

In the year-to-date period, CVCO achieves a -17.79% return, which is significantly lower than PATK's 4.56% return. Over the past 10 years, CVCO has underperformed PATK with an annualized return of 17.95%, while PATK has yielded a comparatively higher 20.14% annualized return.

CVCO

• 1D: 0.28%
• 1M: -13.75%
• YTD: -17.79%
• 6M: -17.28%
• 1Y: -5.90%
• 3Y*: 15.19%
• 5Y*: 15.88%
• 10Y*: 17.95%

PATK

• 1D: 1.73%
• 1M: -8.75%
• YTD: 4.56%
• 6M: 10.61%
• 1Y: 34.89%
• 3Y*: 37.62%
• 5Y*: 16.10%
• 10Y*: 20.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CVCO vs. PATK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVCO

CVCO Risk / Return Rank: 33
CVCO Sharpe Ratio Rank: 34
CVCO Sortino Ratio Rank: 32
CVCO Omega Ratio Rank: 32
CVCO Calmar Ratio Rank: 35
CVCO Martin Ratio Rank: 33

PATK

PATK Risk / Return Rank: 70
PATK Sharpe Ratio Rank: 74
PATK Sortino Ratio Rank: 71
PATK Omega Ratio Rank: 66
PATK Calmar Ratio Rank: 67
PATK Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CVCO vs. PATK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cavco Industries, Inc. (CVCO) and Patrick Industries, Inc. (PATK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CVCO	PATK	Difference
Sharpe ratio Return per unit of total volatility	-0.13	1.03	-1.16
Sortino ratio Return per unit of downside risk	0.13	1.68	-1.55
Omega ratio Gain probability vs. loss probability	1.02	1.20	-0.18
Calmar ratio Return relative to maximum drawdown	-0.19	1.31	-1.51
Martin ratio Return relative to average drawdown	-0.44	3.77	-4.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVCO vs. PATK - Sharpe Ratio Comparison

The current CVCO Sharpe Ratio is -0.13, which is lower than the PATK Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of CVCO and PATK, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CVCO	PATK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.13	1.03	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.44	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.44	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.23	+0.21

Correlation

The correlation between CVCO and PATK is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CVCO vs. PATK - Dividend Comparison

CVCO has not paid dividends to shareholders, while PATK's dividend yield for the trailing twelve months is around 1.54%.

	TTM	2025	2024	2023	2022	2021	2020	2019
CVCO Cavco Industries, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PATK Patrick Industries, Inc.	1.54%	1.54%	1.81%	1.89%	2.38%	1.45%	1.51%	0.48%

Drawdowns

CVCO vs. PATK - Drawdown Comparison

The maximum CVCO drawdown since its inception was -60.85%, smaller than the maximum PATK drawdown of -98.61%. Use the drawdown chart below to compare losses from any high point for CVCO and PATK.

Drawdown Indicators

	CVCO	PATK	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-98.61%	+37.76%
Max Drawdown (1Y) Largest decline over 1 year	-34.05%	-27.23%	-6.82%
Max Drawdown (5Y) Largest decline over 5 years	-43.23%	-54.63%	+11.40%
Max Drawdown (10Y) Largest decline over 10 years	-57.89%	-72.62%	+14.73%
Current Drawdown Current decline from peak	-30.40%	-22.21%	-8.19%
Average Drawdown Average peak-to-trough decline	-16.62%	-31.85%	+15.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.89%	9.50%	+5.39%

Volatility

CVCO vs. PATK - Volatility Comparison

Cavco Industries, Inc. (CVCO) has a higher volatility of 11.45% compared to Patrick Industries, Inc. (PATK) at 9.08%. This indicates that CVCO's price experiences larger fluctuations and is considered to be riskier than PATK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVCO	PATK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.45%	9.08%	+2.37%
Volatility (6M) Calculated over the trailing 6-month period	38.50%	21.60%	+16.90%
Volatility (1Y) Calculated over the trailing 1-year period	45.13%	33.93%	+11.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.41%	36.88%	+3.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.39%	45.79%	-2.40%

Financials

CVCO vs. PATK - Profitability Comparison

The chart below illustrates the profitability comparison between Cavco Industries, Inc. and Patrick Industries, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CVCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cavco Industries, Inc. reported a gross profit of 135.92M and revenue of 580.99M. Therefore, the gross margin over that period was 23.4%.

PATK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Patrick Industries, Inc. reported a gross profit of 212.67M and revenue of 924.17M. Therefore, the gross margin over that period was 23.0%.

CVCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cavco Industries, Inc. reported an operating income of 54.56M and revenue of 580.99M, resulting in an operating margin of 9.4%.

PATK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Patrick Industries, Inc. reported an operating income of 57.41M and revenue of 924.17M, resulting in an operating margin of 6.2%.

CVCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cavco Industries, Inc. reported a net income of 128.19M and revenue of 580.99M, resulting in a net margin of 22.1%.

PATK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Patrick Industries, Inc. reported a net income of 29.08M and revenue of 924.17M, resulting in a net margin of 3.2%.