Cavco Industries (CVCO) vs Toll Brothers (TOL)
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 Toll Brothers (TOL) over the past year, gaining 5.0% versus a gain of 2.0%. Over five years, CVCO leads with a +139.5% price change compared with +128.5% for TOL. Toll Brothers is the larger company by market cap ($12.42 billion vs $4.22 billion), about 2.9 times the size, while Cavco Industries is growing revenue faster (+11.4% vs +1.1%).
On valuation, Toll Brothers trades at a lower forward P/E (9.8x vs 19.0x for Cavco Industries). Toll Brothers pays a dividend yielding 0.76%, while Cavco Industries does not currently pay one. Toll Brothers converts more of its revenue into profit, with a net margin of 12.3% 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 | TOL |
|---|---|---|
| Share price | $548.72 | $134.83 |
| Market cap | $4.22B | $12.42B |
| 1-day change | +1.51% | +0.72% |
| YTD return | -7.11% | -0.29% |
| 1-year return | +4.97% | +2.03% |
| 5-year return | +139.47% | +128.47% |
| P/E ratio (TTM) | 23.87 | 10.86 |
| Forward P/E | 19.04 | 9.76 |
| EPS (TTM) | $22.99 | $12.41 |
| Dividend yield | 0.00% | 0.76% |
| Annual dividend | $0.00 | $1.02 |
| Revenue (latest FY) | $2.24B | $10.97B |
| Revenue growth (YoY) | +11.36% | +1.11% |
| Net income (latest FY) | $190.55M | $1.35B |
| Gross margin | 23.47% | 25.11% |
| Operating margin | 10.18% | 15.69% |
| Net margin | 8.49% | 12.28% |
| 52-week high | $713.01 | $168.36 |
| 52-week low | $443.34 | $123.15 |
| Distance from 52-week high | -23.04% | -19.92% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +21.19% | +26.74% |
| Average volume | 110.03K | 978.08K |
| Shares outstanding | 7.69M | 92.15M |
| Employees | 7,700 | 4,900 |
| Sector | Consumer Cyclical | Consumer Discretionary |
| Industry | Residential Construction | 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
- Toll Brothers is about 2.9 times larger than Cavco Industries by market value ($12.42B vs $4.22B).
- 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 +1.11%).
- The two companies sit in different sectors: Cavco Industries in Consumer Cyclical and Toll Brothers in Consumer Discretionary.
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 Toll Brothers
TOL stock →Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living.
Consumer Discretionary · Homebuilding · 4,900 employees
CVCO vs TOL FAQ
Which is bigger, Cavco Industries or Toll Brothers?
Toll Brothers (TOL) is larger, with a market capitalization of $12.42B compared with $4.22B for Cavco Industries (CVCO).
Which stock has performed better over the past year, CVCO or TOL?
CVCO returned +4.97% over the past 12 months, compared with +2.03% for TOL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVCO or TOL?
TOL 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.
Which pays a higher dividend, Cavco Industries or Toll Brothers?
Toll Brothers pays a dividend yielding 0.76%, while Cavco Industries does not currently pay a regular dividend.
Are Cavco Industries and Toll Brothers in the same industry?
No. Cavco Industries is in the Consumer Cyclical sector, while Toll Brothers is in Consumer Discretionary.