(HZO) MarineMax - Overview

Sector: Consumer Cyclical | Industry: Specialty Retail | Exchange: NYSE (USA) | Market Cap: 598m USD | Total Return: 48.6% in 12m

Boats, Yachts, Parts, Services, Finance
Total Rating 45
Safety 81
Buy Signal -0.46
Specialty Retail
Industry Rotation: +2.2
Market Cap: 598M
Avg Turnover: 7.67M USD
ATR: 5.40%
Peers RS (IBD): 70.0
Risk 5d forecast
Volatility60.8%
Rel. Tail Risk-21.6%
Reward TTM
Sharpe Ratio0.79
Alpha-6.63
Character TTM
Beta1.977
Beta Downside2.056
Drawdowns 3y
Max DD56.62%
CAGR/Max DD0.00
EPS (Earnings per Share) EPS (Earnings per Share) of HZO over the last years for every Quarter: "2021-03": 1.69, "2021-06": 2.59, "2021-09": 1.45, "2021-12": 1.59, "2022-03": 2.37, "2022-06": 3.17, "2022-09": 1.9, "2022-12": 1.24, "2023-03": 1.23, "2023-06": 2.07, "2023-09": 0.69, "2023-12": 0.19, "2024-03": 0.18, "2024-06": 1.51, "2024-09": 0.24, "2024-12": 0.17, "2025-03": 0.23, "2025-06": 0.49, "2025-09": -0.04, "2025-12": -0.21,
EPS CAGR: -63.71%
EPS Trend: -85.7%
Last SUE: -0.36
Qual. Beats: 0
Revenue Revenue of HZO over the last years for every Quarter: 2021-03: 523.095, 2021-06: 666.328, 2021-09: 462.31, 2021-12: 472.691, 2022-03: 610.106, 2022-06: 688.537, 2022-09: 536.764, 2022-12: 507.927, 2023-03: 570.34, 2023-06: 721.844, 2023-09: 594.595, 2023-12: 527.274, 2024-03: 582.892, 2024-06: 757.72, 2024-09: 563.122, 2024-12: 468.461, 2025-03: 631.515, 2025-06: 657.159, 2025-09: 552.153, 2025-12: 505.178,
Rev. CAGR: -4.91%
Rev. Trend: -17.3%
Last SUE: 0.56
Qual. Beats: 0

Warnings

High Debt/EBITDA (8.9) with thin interest coverage (1.0)

Volatile

Tailwinds

No distinct edge detected

Description: HZO MarineMax

MarineMax, Inc. (HZO) is a recreational boat and yacht retailer and superyacht services company operating in the United States. The companys business model includes two segments: Retail Operations and Product Manufacturing. Retail Operations involves selling new and used recreational boats, including various types of pleasure and fishing vessels. This segment also provides marine parts, accessories, maintenance, repair, storage, and brokerage services. Additionally, it offers financing and insurance arrangement services for boat purchases. The Product Manufacturing segment focuses on producing and selling sport yachts and yachts. The company also operates yacht charter services in the British Virgin Islands. MarineMax utilizes offsite locations and print catalogs for product sales, a common practice in specialty retail to reach diverse customer bases. For further insights into HZOs financial performance and market position, consider exploring ValueRay.

Headlines to Watch Out For
  • Consumer discretionary spending directly impacts boat and yacht sales
  • Interest rate fluctuations influence financing costs and demand
  • Fuel price volatility affects boat usage and demand
  • Supply chain disruptions impact boat manufacturing and inventory
  • Regulatory changes in environmental and boating safety affect operations
Piotroski VR‑10 (Strict) 5.5
Net Income: -57.6m TTM > 0 and > 6% of Revenue
FCF/TA: 0.08 > 0.02 and ΔFCF/TA 13.23 > 1.0
NWC/Revenue: 7.81% < 20% (prev 8.73%; Δ -0.92% < -1%)
CFO/TA 0.10 > 3% & CFO 235.8m > Net Income -57.6m
Net Debt (1.06b) to EBITDA (119.3m): 8.88 < 3
Current Ratio: 1.19 > 1.5 & < 3
Outstanding Shares: last quarter (21.9m) vs 12m ago -6.17% < -2%
Gross Margin: 31.59% > 18% (prev 0.34%; Δ 3.13k% > 0.5%)
Asset Turnover: 92.68% > 50% (prev 90.05%; Δ 2.63% > 0%)
Interest Coverage Ratio: 1.01 > 6 (EBITDA TTM 119.3m / Interest Expense TTM 68.3m)
Altman Z'' 2.20
A: 0.08 (Total Current Assets 1.14b - Total Current Liabilities 961.3m) / Total Assets 2.43b
B: 0.30 (Retained Earnings 738.5m / Total Assets 2.43b)
C: 0.03 (EBIT TTM 69.0m / Avg Total Assets 2.53b)
D: 0.50 (Book Value of Equity 746.7m / Total Liabilities 1.48b)
Altman-Z'' Score: 2.20 = BBB
Beneish M -3.08
DSRI: 1.04 (Receivables 85.9m/83.3m, Revenue 2.35b/2.37b)
GMI: 1.06 (GM 31.59% / 33.53%)
AQI: 0.99 (AQ_t 0.25 / AQ_t-1 0.25)
SGI: 0.99 (Revenue 2.35b / 2.37b)
TATA: -0.12 (NI -57.6m - CFO 235.8m) / TA 2.43b)
Beneish M-Score: -3.08 (Cap -4..+1) = AA
What is the price of HZO shares? As of April 07, 2026, the stock is trading at USD 27.46 with a total of 170,150 shares traded.
Over the past week, the price has changed by +6.19%, over one month by +2.23%, over three months by +3.98% and over the past year by +48.59%.
Is HZO a buy, sell or hold? MarineMax has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy HZO.
  • StrongBuy: 6
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the HZO price?
Analysts Target Price 31.9 16%
MarineMax (HZO) - Fundamental Data Overview as of 06 April 2026
P/E Forward = 38.3142
P/S = 0.2551
P/B = 0.6416
P/EG = 1.0885
Revenue TTM = 2.35b USD
EBIT TTM = 69.0m USD
EBITDA TTM = 119.3m USD
Long Term Debt = 347.5m USD (from longTermDebt, last quarter)
Short Term Debt = 749.1m USD (from shortTermDebt, last quarter)
Debt = 1.22b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.06b USD (from netDebt column, last quarter)
Enterprise Value = 1.66b USD (598.5m + Debt 1.22b - CCE 164.6m)
Interest Coverage Ratio = 1.01 (Ebit TTM 69.0m / Interest Expense TTM 68.3m)
EV/FCF = 8.98x (Enterprise Value 1.66b / FCF TTM 184.7m)
FCF Yield = 11.14% (FCF TTM 184.7m / Enterprise Value 1.66b)
FCF Margin = 7.87% (FCF TTM 184.7m / Revenue TTM 2.35b)
Net Margin = -2.46% (Net Income TTM -57.6m / Revenue TTM 2.35b)
Gross Margin = 31.59% ((Revenue TTM 2.35b - Cost of Revenue TTM 1.60b) / Revenue TTM)
Gross Margin QoQ = 31.77% (prev 34.67%)
Tobins Q-Ratio = 0.68 (Enterprise Value 1.66b / Total Assets 2.43b)
Interest Expense / Debt = 1.30% (Interest Expense 15.9m / Debt 1.22b)
Taxrate = 21.0% (US default 21%)
NOPAT = 54.5m (EBIT 69.0m * (1 - 21.00%))
Current Ratio = 1.19 (Total Current Assets 1.14b / Total Current Liabilities 961.3m)
Debt / Equity = 1.31 (Debt 1.22b / totalStockholderEquity, last quarter 932.8m)
Debt / EBITDA = 8.88 (Net Debt 1.06b / EBITDA 119.3m)
Debt / FCF = 5.74 (Net Debt 1.06b / FCF TTM 184.7m)
Total Stockholder Equity = 951.0m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.28% (Net Income -57.6m / Total Assets 2.43b)
RoE = -6.06% (Net Income TTM -57.6m / Total Stockholder Equity 951.0m)
RoCE = 5.32% (EBIT 69.0m / Capital Employed (Equity 951.0m + L.T.Debt 347.5m))
RoIC = 2.62% (NOPAT 54.5m / Invested Capital 2.08b)
WACC = 4.94% (E(598.5m)/V(1.82b) * Re(12.94%) + D(1.22b)/V(1.82b) * Rd(1.30%) * (1-Tc(0.21)))
Discount Rate = 12.94% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.92%
[DCF] Terminal Value 80.82% ; FCFF base≈184.7m ; Y1≈121.2m ; Y5≈55.4m
[DCF] Fair Price = 31.79 (EV 1.76b - Net Debt 1.06b = Equity 700.3m / Shares 22.0m; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -85.67 | EPS CAGR: -63.71% | SUE: -0.36 | # QB: 0
Revenue Correlation: -17.31 | Revenue CAGR: -4.91% | SUE: 0.56 | # QB: 0
EPS next Quarter (2026-06-30): EPS=0.75 | Chg7d=+0.111 | Chg30d=+0.138 | Revisions Net=+1 | Analysts=7
EPS current Year (2026-09-30): EPS=0.75 | Chg7d=+0.040 | Chg30d=+0.052 | Revisions Net=-1 | Growth EPS=+23.3% | Growth Revenue=+2.8%
EPS next Year (2027-09-30): EPS=1.67 | Chg7d=-0.088 | Chg30d=-0.038 | Revisions Net=-1 | Growth EPS=+122.0% | Growth Revenue=+4.0%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Next Quarter)
External Resources
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