Cavco Industries (CVCO) vs M/I Homes (MHO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Cavco Industries (CVCO) has outperformed M/I Homes (MHO) over the past year, gaining 5.0% versus a loss of 4.0%. Over five years, CVCO leads with a +139.5% price change compared with +119.7% for MHO. Cavco Industries is the larger company by market cap ($4.22 billion vs $3.29 billion), about 1.3 times the size.
On valuation, M/I Homes trades at a lower forward P/E (9.2x vs 19.0x for Cavco Industries). M/I Homes converts more of its revenue into profit, with a net margin of 9.1% versus 8.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVCO | MHO |
|---|---|---|
| Share price | $548.72 | $130.17 |
| Market cap | $4.22B | $3.29B |
| 1-day change | +1.51% | +0.66% |
| YTD return | -7.11% | +1.74% |
| 1-year return | +4.97% | -3.99% |
| 5-year return | +139.47% | +119.66% |
| P/E ratio (TTM) | 23.87 | 10.93 |
| Forward P/E | 19.04 | 9.25 |
| EPS (TTM) | $22.99 | $11.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $2.24B | $4.42B |
| Revenue growth (YoY) | +11.36% | -1.93% |
| Net income (latest FY) | $190.55M | $402.94M |
| Gross margin | 23.47% | 23.03% |
| Operating margin | 10.18% | 11.47% |
| Net margin | 8.49% | 9.12% |
| 52-week high | $713.01 | $163.66 |
| 52-week low | $443.34 | $116.78 |
| Distance from 52-week high | -23.04% | -20.46% |
| Analyst consensus | strong_buy | none |
| Avg. price target upside | +21.19% | +31.11% |
| Average volume | 110.03K | 208.17K |
| Shares outstanding | 7.69M | 25.28M |
| Employees | 7,700 | 1,801 |
| Sector | Consumer Cyclical | Consumer Cyclical |
| Industry | Residential Construction | Residential Construction |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Cavco Industries trades at a higher earnings multiple (23.9x vs 10.9x trailing P/E).
- Cavco Industries grew revenue faster in its latest fiscal year (+11.36% vs -1.93%).
About Cavco Industries
CVCO stock →Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States.
Consumer Cyclical · Residential Construction · 7,700 employees
About M/I Homes
MHO stock →M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments.
Consumer Cyclical · Residential Construction · 1,801 employees
CVCO vs MHO FAQ
Which is bigger, Cavco Industries or M/I Homes?
Cavco Industries (CVCO) is larger, with a market capitalization of $4.22B compared with $3.29B for M/I Homes (MHO).
Which stock has performed better over the past year, CVCO or MHO?
CVCO returned +4.97% over the past 12 months, compared with -3.99% for MHO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVCO or MHO?
MHO has the lower trailing P/E at 10.9, versus 23.9 for CVCO. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Cavco Industries and M/I Homes in the same industry?
Yes. Both are classified in the Residential Construction industry within the Consumer Cyclical sector.