NOBHOTCMobile HomesUS GAAP · USD

Nobility Homes Inc

Nobility Homes is a Florida-based manufacturer and retailer of manufactured and modular homes. Through its own retail sales centers and wholesale channels, the company serves buyers across Florida with homes sold under brands such as Kingswood, Richwood, Tropic Isle, Regency Manor, and Tropic Manor.

Liikevaihto52,7milj. USD
+1,4 %v/v
Liikevoitto (EBIT)10,0milj. USD
+4,7 %v/v
EBIT-marginaali19,1%
+0,6 %-yks.v/v
Nettotulos8,4milj. USD
−1,9 %v/v
Vapaa kassavirta4,0milj. USD
−42,0 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

020406080milj. USD2020: 42 milj. USD2020: EBIT 7,1 milj. USD20202021: 45 milj. USD2021: EBIT 6,1 milj. USD20212022: 52 milj. USD2022: EBIT 8,4 milj. USD20222023: 63 milj. USD2023: EBIT 13 milj. USD20232024: 52 milj. USD2024: EBIT 9,6 milj. USD20242025: 53 milj. USD2025: EBIT 10 milj. USD20255310
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Retail manufactured homes80 %

Homes sold through Prestige retail centers to end buyers for placement on owned land.

Wholesale manufactured homes20 %

Homes sold to independent dealers and manufactured home communities.

Modular and specialty homes0 %

On-frame modular homes, park models, and other specialty configurations.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,2%FY2025100 %
  • Manufactured Housing99,2 %
  • Insurance Agent Commissions0,6 %
  • Pre Owned Homes0,2 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Nobility sells primarily to individual homebuyers who purchase manufactured homes for placement on their own land, especially in Florida. It also serves manufactured home communities and independent dealers that buy homes for resale or for placement within community developments. A smaller related business supports customers with insurance and loan-originating services tied to home purchases.

Retail homebuyers

Individuals buying manufactured homes through Prestige for placement on private land.

Retirement community residents

Retirees purchasing homes for leased-site communities in Florida.

Manufactured home communities

Communities buying homes for on-site placement and resident occupancy.

Independent dealers

Third-party dealers buying homes for resale in local markets.

Insurance and financing customers

Homebuyers using related insurance, warranty, and loan-originating services.

Strategia

Nobility’s strategy centers on serving Florida manufactured-housing demand through a vertically integrated model that combines manufacturing, retail sales, and wholesale distribution. It emphasizes model-home merchandising, local market reach, and financing access to convert affordable-housing demand into sales. The company also uses its product mix and retail network to address both family buyers and retirement-community buyers.

Expand and defend Florida retail reachKeskipitkä aikaväli

Retail centers are the main route to end buyers and drive brand visibility.

Support affordability through financing accessLyhyt aikaväli

Buyer financing availability directly affects conversion rates in manufactured housing.

Maintain flexible product mixKeskipitkä aikaväli

A broad model range helps match family and retirement demand patterns.

Preserve wholesale relationshipsKeskipitkä aikaväli

Wholesale sales diversify distribution beyond company-owned retail centers.

Maantiede

Nobility is centered in Florida, where it manufactures homes and operates ten retail sales centers through Prestige. Its retail footprint is concentrated in north and central Florida, with sales centers generally serving buyers within about 100 miles and located within 350 miles of the Ocala manufacturing facility. The company’s business is therefore closely tied to Florida housing demand, population trends, weather exposure, and local financing conditions.

Riskit

Nobility is exposed to cyclical manufactured-housing demand, interest-rate sensitivity, and the availability of buyer financing, all of which directly affect retail traffic and order conversion. The business also faces supply-chain, labor, and weather-related risks because it manufactures in Florida and depends on materials, production workers, and local retail facilities. Competitive pressure is high in both retail and wholesale channels, and the company’s concentration in Florida increases exposure to regional economic and climate events.

Järjestetty vakavuuden mukaan
Interest-rate sensitivityKorkea

Manufactured-home purchases often depend on financing, so higher rates reduce affordability and demand.

Kohdistuu: Retail homebuyers

Financing availabilityKorkea

A limited lender base can prevent qualified buyers from completing purchases.

Kohdistuu: Retail sales centers

Material and labor inflationKeskitaso

Homes are built from materials and labor-intensive processes, so cost increases affect operations.

Kohdistuu: Manufacturing operations

Florida weather and climate exposureKeskitaso

Hurricanes, flooding, and other events can damage facilities or disrupt sales activity.

Kohdistuu: Manufacturing plant and retail centers

Competitive pricing pressureKeskitaso

The industry has many manufacturers and retailers, limiting pricing power.

Kohdistuu: Wholesale and retail channels

Kirjanpito

Harkinnanvaraiset erät
Inventory valuation and standard costing

Home-building costs change with materials and labor, so estimates affect gross margin and inventory carrying value.

Vaikutus: Manufactured home inventory and cost of sales

Revenue recognition on wholesale and related-party sales

Some homes are recognized when sold to end users, not just when delivered to a community or dealer.

Vaikutus: Timing of revenue and earnings

Finance revenue sharing and loan portfolio income

Income from FRSA and Majestic 21 depends on loan amortization, maturity, and payoff patterns.

Vaikutus: Other income and quarter-to-quarter volatility

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 29.4.2026