Nobility Homes Inc
nobilityhomes.comWhat Do They Do?
Designs, manufactures and sells manufactured and modular homes to home buyers, independent dealers and manufactured home communities in Florida.
10-K for FY2025, filed Jan 30, 2026Nobility Homes, Inc., a Florida corporation incorporated in 1967, designs, manufactures and sells a broad line of manufactured and modular…View ↗
The primary customers of Prestige are home buyers who generally purchase manufactured homes to place on their own home sites. Prestige…View ↗
Nobility also sells its homes on a wholesale basis through two full-time salespersons to approximately 30 manufactured home communities and…View ↗
How Do They Make Money?
Retail home buyers pay after a home is complete, delivered and set up, once financing is released or cash is received; independent dealers generally pay within 15 to 30 days of delivery. Pre-owned homes are sold when title transfers; insurance commissions are earned when coverage starts or when the commission is received.
10-K for FY2025, filed Jan 30, 2026The Company recognizes revenue from its retail sales of new manufactured homes upon the occurrence of the following:View ↗
Home has been delivered and set up at the retail home buyer’s site, and title has been transferred to the retail home buyer,View ↗
Remaining funds have been released by the finance company (financed sales transaction), remaining funds have been committed by the finance…View ↗
Nobility does not generally offer consigned inventory programs or other credit terms to its independent dealers and ordinarily receives…View ↗
The Company recognizes revenue from the sale of the repurchased homes upon transfer of title to the new purchaser.View ↗
The Company recognizes revenues from its wholly owned subsidiary, Mountain Financial, Inc., as follows: commission income (and fees in lieu…View ↗
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10-K for FY2025, filed Jan 30, 2026
FY2025 revenue by product or service ↗
$52.7M
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10-K for FY2025, filed Jan 30, 2026
$52.7M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Manufactured Housing
Sold outright
10-K for FY2025, filed Jan 30, 2026 |
99%
FY2022: 98%
|
Manufactured Housing, FY2025
$52.3M Sources
|
Sold outright |
|
Pre-Owned Homes
Sold outright
|
0.2%
FY2022: 1.9%
|
Pre-Owned Homes, FY2025
$96.1K Sources
|
Sold outright |
|
Insurance Agent Commissions
|
0.6%
FY2022: 0.6%
|
Insurance Agent Commissions, FY2025
$314.1K Sources
|
Who Are Their Customers?
Home buyers buy through the company-owned Prestige retail centers, while manufactured home communities and independent dealers buy homes wholesale. Most retail buyers order factory-shipped homes for their own sites; communities also sell homes to residents on leased sites.
10-K for FY2025, filed Jan 30, 2026Prestige, our wholly owned subsidiary, operates ten retail sales centers in north and central Florida. Sales by Prestige accounted for 80%…View ↗
The primary customers of Prestige are home buyers who generally purchase manufactured homes to place on their own home sites. Prestige…View ↗
Nobility also sells its homes on a wholesale basis through two full-time salespersons to approximately 30 manufactured home communities and…View ↗
Nobility has aggressively targeted the retirement community market, which is made up of retirees moving to Florida and typically purchasing…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in FY2025 and turned 8 cents into free cash flow.
10-K for FY2025, filed Jan 30, 2026
$10MView ↗
10-K for FY2025, filed Jan 30, 2026
$8.4MView ↗
10-K for FY2025, filed Jan 30, 2026
$4MView ↗
How Are They Changing?
10-Q for Q3 FY2026, filed Sep 15, 2026
Open tableView ↗
Growing. Revenue grew 17% in 4 years, from $45.1M in FY2021 to $52.7M in FY2025, about 4% a year.
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