Cavco Industries (CVCO) vs Thor Industries (THO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cavco Industries (CVCO) has outperformed Thor Industries (THO) over the past year, gaining 7.4% versus a loss of 37.0%. Over five years, CVCO leads with a +135.9% price change compared with -39.1% for THO. Cavco Industries is the larger company by market cap ($4.14 billion vs $3.40 billion), about 1.2 times the size.
On valuation, Thor Industries trades at a lower forward P/E (13.6x vs 18.7x for Cavco Industries). Thor Industries pays a dividend yielding 3.16%, while Cavco Industries does not currently pay one. Cavco Industries converts more of its revenue into profit, with a net margin of 8.5% versus 1.8%.
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 | THO |
|---|---|---|
| Share price | $538.43 | $65.81 |
| Market cap | $4.14B | $3.40B |
| 1-day change | -0.39% | -0.05% |
| YTD return | -8.50% | -35.87% |
| 1-year return | +7.42% | -37.01% |
| 5-year return | +135.90% | -39.07% |
| P/E ratio (TTM) | 23.42 | 19.47 |
| Forward P/E | 18.68 | 13.57 |
| EPS (TTM) | $22.99 | $3.38 |
| Dividend yield | 0.00% | 3.16% |
| Annual dividend | $0.00 | $2.08 |
| Revenue (latest FY) | $2.24B | $9.61B |
| Revenue growth (YoY) | +11.36% | +0.30% |
| Net income (latest FY) | $190.55M | $177.54M |
| Gross margin | 23.47% | 12.62% |
| Operating margin | 10.18% | — |
| Net margin | 8.49% | 1.85% |
| 52-week high | $713.01 | $122.83 |
| 52-week low | $443.34 | $65.00 |
| Distance from 52-week high | -24.49% | -46.43% |
| Analyst consensus | strong_buy | hold |
| Avg. price target upside | +23.51% | +27.95% |
| Average volume | 109.22K | 688.91K |
| Shares outstanding | 7.69M | 51.61M |
| Employees | 7,700 | 19,500 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Homebuilding | Homebuilding |
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
- CVCO has outperformed THO by 44.4 percentage points over the past year.
- Thor Industries offers a meaningfully higher dividend yield (3.16% vs 0.00%).
- Cavco Industries is more profitable, keeping 8.5 cents of every revenue dollar as net income versus 1.8 cents for Thor Industries.
- Cavco Industries grew revenue faster in its latest fiscal year (+11.36% vs +0.30%).
- The two companies sit in different sectors: Cavco Industries in Consumer Discretionary and Thor Industries in Industrials.
About Cavco Industries
CVCO stock →Cavco Industries, Inc. designs, produces, and retails factory-built homes primarily in the United States.
Consumer Discretionary · Homebuilding · 7,700 employees
About Thor Industries
THO stock →THOR Industries, Inc. manufactures and sells recreational vehicles (RVs), and related parts and accessories in the United States, Germany, rest of Europe, Canada, and internationally.
Industrials · Homebuilding · 19,500 employees
CVCO vs THO FAQ
Which is bigger, Cavco Industries or Thor Industries?
Cavco Industries (CVCO) is larger, with a market capitalization of $4.14B compared with $3.40B for Thor Industries (THO).
Which stock has performed better over the past year, CVCO or THO?
CVCO returned +7.42% over the past 12 months, compared with -37.01% for THO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVCO or THO?
THO has the lower trailing P/E at 19.5, versus 23.4 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.
Which pays a higher dividend, Cavco Industries or Thor Industries?
Thor Industries pays a dividend yielding 3.16%, while Cavco Industries does not currently pay a regular dividend.
Are Cavco Industries and Thor Industries in the same industry?
Yes. Both are classified in the Homebuilding industry within the Consumer Discretionary sector.