CVCO vs. SKY

Last updated Apr 3, 2026

Compare and contrast key facts about Cavco Industries, Inc. (CVCO) and Skyline Champion Corporation (SKY).

Performance

CVCO vs. SKY - Performance Comparison

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

CVCO vs. SKY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVCO Cavco Industries, Inc.	-18.77%	32.38%	28.74%	53.20%	-28.77%	81.05%	-10.20%	49.85%	-14.56%	52.83%
SKY Skyline Champion Corporation	-12.52%	-4.09%	18.64%	44.17%	-34.78%	155.27%	-2.40%	115.79%	16.61%	-16.72%

Fundamentals

EPS CVCO : $33.55 SKY : $5.60
PE Ratio CVCO : 14.30 SKY : 13.19
PEG Ratio CVCO : 0.35 SKY : 0.24
PS Ratio CVCO : 1.74 SKY : 1.07
Total Revenue (TTM) CVCO : $2.20B SKY : $2.64B
Gross Profit (TTM) CVCO : $515.95M SKY : $698.52M
EBITDA (TTM) CVCO : $237.77M SKY : $289.96M

Returns By Period

In the year-to-date period, CVCO achieves a -18.77% return, which is significantly lower than SKY's -12.52% return. Over the past 10 years, CVCO has underperformed SKY with an annualized return of 18.01%, while SKY has yielded a comparatively higher 23.96% annualized return.

CVCO

• 1D: -1.20%
• 1M: -14.83%
• YTD: -18.77%
• 6M: -18.53%
• 1Y: -9.05%
• 3Y*: 15.32%
• 5Y*: 15.60%
• 10Y*: 18.01%

SKY

• 1D: -0.38%
• 1M: -16.93%
• YTD: -12.52%
• 6M: -4.75%
• 1Y: -22.14%
• 3Y*: 0.57%
• 5Y*: 9.28%
• 10Y*: 23.96%

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

Return for Risk

CVCO vs. SKY — Risk / Return Rank

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

CVCO

CVCO Risk / Return Rank: 31
CVCO Sharpe Ratio Rank: 31
CVCO Sortino Ratio Rank: 29
CVCO Omega Ratio Rank: 29
CVCO Calmar Ratio Rank: 33
CVCO Martin Ratio Rank: 32

SKY

SKY Risk / Return Rank: 21
SKY Sharpe Ratio Rank: 20
SKY Sortino Ratio Rank: 20
SKY Omega Ratio Rank: 21
SKY Calmar Ratio Rank: 21
SKY Martin Ratio Rank: 23

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. SKY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cavco Industries, Inc. (CVCO) and Skyline Champion Corporation (SKY). 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	SKY	Difference
Sharpe ratio Return per unit of total volatility	-0.20	-0.46	+0.26
Sortino ratio Return per unit of downside risk	0.03	-0.39	+0.42
Omega ratio Gain probability vs. loss probability	1.00	0.95	+0.05
Calmar ratio Return relative to maximum drawdown	-0.21	-0.55	+0.35
Martin ratio Return relative to average drawdown	-0.47	-0.97	+0.50
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. SKY - Sharpe Ratio Comparison

The current CVCO Sharpe Ratio is -0.20, which is higher than the SKY Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of CVCO and SKY, 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	SKY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.20	-0.46	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.20	+0.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.41	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.12	+0.31

Correlation

The correlation between CVCO and SKY is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CVCO vs. SKY - Dividend Comparison

Neither CVCO nor SKY has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CVCO Cavco Industries, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SKY Skyline Champion Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.25%

Drawdowns

CVCO vs. SKY - Drawdown Comparison

The maximum CVCO drawdown since its inception was -60.85%, smaller than the maximum SKY drawdown of -93.03%. Use the drawdown chart below to compare losses from any high point for CVCO and SKY.

Drawdown Indicators

	CVCO	SKY	Difference
Max Drawdown Largest peak-to-trough decline	-60.85%	-93.03%	+32.18%
Max Drawdown (1Y) Largest decline over 1 year	-34.05%	-35.00%	+0.95%
Max Drawdown (5Y) Largest decline over 5 years	-43.23%	-47.89%	+4.66%
Max Drawdown (10Y) Largest decline over 10 years	-57.89%	-68.04%	+10.15%
Current Drawdown Current decline from peak	-31.23%	-32.13%	+0.90%
Average Drawdown Average peak-to-trough decline	-16.62%	-35.09%	+18.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.02%	20.78%	-5.76%

Volatility

CVCO vs. SKY - Volatility Comparison

Cavco Industries, Inc. (CVCO) and Skyline Champion Corporation (SKY) have volatilities of 10.83% and 10.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVCO	SKY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.83%	10.64%	+0.19%
Volatility (6M) Calculated over the trailing 6-month period	38.49%	34.12%	+4.37%
Volatility (1Y) Calculated over the trailing 1-year period	45.14%	48.08%	-2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.40%	47.00%	-6.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.38%	58.06%	-14.68%

Financials

CVCO vs. SKY - Profitability Comparison

The chart below illustrates the profitability comparison between Cavco Industries, Inc. and Skyline Champion Corporation 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%.

SKY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Skyline Champion Corporation reported a gross profit of 178.09M and revenue of 656.61M. Therefore, the gross margin over that period was 27.1%.

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%.

SKY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Skyline Champion Corporation reported an operating income of 62.82M and revenue of 656.61M, resulting in an operating margin of 9.6%.

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%.

SKY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Skyline Champion Corporation reported a net income of 54.34M and revenue of 656.61M, resulting in a net margin of 8.3%.