Champion Homes
Builds factory-made homes and connects them to retail, financing, setup, and delivery.
Something off on this page? Send us feedback.
Profile
Builds manufactured and modular homes, park model RVs, ADUs, and modular buildings, selling through independent channels and an expanding factory-direct retail network. Manufacturing is supported by installation, transport, and financing services, with most revenue tied to U.S. factory-built housing and demand shaped by credit availability.
Builds manufactured and modular homes, park model RVs, accessory dwelling units, and modular buildings for single-family, multifamily, and hospitality uses. Factories and regional brands supply independent retailers, builders, developers, community operators, and government agencies in the United States and western Canada.
Extends manufacturing through factory-direct retail under Regional Homes, Titan Factory Direct, Champion Homes Center, Iseman Homes, and Homes Direct, while Champion Construction handles installation and Star Fleet Trucking coordinates transport. Champion Financing, formed with Triad Financial Services, supports dealer inventory and consumer purchases. The integrated model links production capacity with local distribution, permitting, setup, and delivery.
Most revenue comes from U.S. factory-built housing; Canada remains a smaller manufacturing market. Demand depends on consumer and dealer credit, interest rates, zoning and installation rules; most U.S.-made homes must meet the federal HUD construction code.
Company facts
Key statistics
Year to date +6.2% · Average volume (30d) 663.9K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 6, 2026 | Zelman | Upgrade | Neutral | Outperform | ||
| Aug 6, 2026 | UBS | Reiterate | Buy | $93 | $115 | |
| Aug 6, 2026 | RBC Capital | Reiterate | Outperform | $92 | $99 | |
| Aug 6, 2026 | Barclays | Reiterate | Overweight | $102 | $109 | |
| Jul 14, 2026 | Barclays | Reiterate | Overweight | $94 | $102 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 4, 2026Q1 FY26 | $0.87 | $0.88 | +0.8% | $702.0M | $710.2M | +1.2% | +10.68% |
| May 26, 2026Q4 FY25 | $0.63 | $0.68 | +7.9% | $607.4M | $621.3M | +2.3% | +3.25% |
| Feb 3, 2026Q3 FY25 | $0.83 | $0.97 | +16.9% | $649.4M | $656.6M | +1.1% | +11.06% |
| Nov 4, 2025Q2 FY25 | $0.81 | $1.01 | +24.7% | $637.0M | $684.4M | +7.5% | +10.07% |
Financial highlights
| 12 quarters | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $593.9M | $701.3M | $684.4M | $656.6M | $621.3M | $710.2M | |
| Gross profit | $148.6M | $189.8M | $187.9M | $172.2M | $154.4M | $179.3M | |
| Operating income | $42.2M | $78.5M | $74.8M | $62.5M | $36.0M | $60.3M | |
| Net income | $36.3M | $64.7M | $58.2M | $54.3M | $29.7M | $49.2M | |
| Diluted EPS | $0.63 | $1.13 | $1.03 | $0.97 | $0.53 | $0.89 | |
| Gross margin | 25.0% | 27.1% | 27.5% | 26.2% | 24.8% | 25.2% | |
| Operating margin | 7.1% | 11.2% | 10.9% | 9.5% | 5.8% | 8.5% |
Fiscal years (4-quarter sums)FY21 $2.21B · FY22 $2.61B · FY23 $2.02B · FY24 $2.48B · FY25 $2.66B
Revenue by product · Q1 FY26
Balance sheet, Jun 27, 2026Cash & short-term investments $784.7M · Total debt $123.2M · Total assets $2.15B · Shareholders' equity $1.57B
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 54.89M · Float 53.93M · 98.2% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 9.01M | 16.42% | 13F | Aug 7, 2026 |
| Vanguard Portfolio Management LLC | 3.30M | 6.01% | 13F | Aug 13, 2026 |
| Wellington Management Group LLP | 3.21M | 5.86% | 13F | Aug 14, 2026 |
| State Street Corp | 2.95M | 5.38% | 13F | Aug 7, 2026 |
| Wasatch Advisors LP | 2.75M | 5.00% | 13G | Jul 7, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | Michael B. Berman | director | −1,500 | $93.22 |
| Aug 7, 2026 | Erin Claire Helgren | director | −1,100 | $95.00 |
| Jun 9, 2026 | Joseph A. Kimmell | officer: EVP, Operations | −4,000 | $75.91 |
| Jun 5, 2026 | Joseph A. Kimmell | officer: EVP, Operations | −7,922 | $75.70 |
| Mar 6, 2026 | Joseph A. Kimmell | officer: EVP, Operations | −2,880 | $82.25 |
Peers
- Cavco Industries
Closest public factory-built housing peer
- Legacy Housing
Smaller manufactured-home and tiny-house peer
- D.R. Horton
National entry-level site-built substitute
- Lennar
Large national builder competing for first-time buyers
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Champion Homes | $90.22 | +0.07% | $4.95B | 26.4 | 24.4 | 1.9 | +1.3% |
| Cavco Industries | $571.00 | +0.46% | $4.38B | 24.7 | 23.8 | 1.9 | +9.5% |
| Legacy Housing | $28.34 | +0.07% | $674.0M | 13.2 | 12.5 | 3.8 | +32.2% |
| D.R. Horton | $147.39 | 0.00% | $41.23B | 14.1 | 13.1 | 1.2 | +0.0% |
| Lennar | $86.50 | +0.19% | $21.44B | 13.5 | 15.2 | 0.7 | −5.0% |
| Median | 13.8 | 14.2 | 1.6 | +4.8% |