28 years of historical data (1998–2025) · Consumer Cyclical · Specialty Retail
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
MarineMax, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 55.9x P/FCF, 93% above the 5-year average of 28.9x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $667M | $559M | $812M | $736M | $667M | $1.1B | $568M | $354M | $489M | $408M | $520M |
| Enterprise Value | $1.7B | $1.6B | $1.8B | $1.6B | $719M | $1.1B | $605M | $628M | $654M | $621M | $648M |
| P/E Ratio → | -21.33 | — | 21.38 | 6.74 | 3.37 | 7.16 | 7.62 | 9.86 | 12.43 | 17.42 | 23.02 |
| P/S Ratio | 0.29 | 0.24 | 0.33 | 0.31 | 0.29 | 0.54 | 0.38 | 0.29 | 0.42 | 0.39 | 0.55 |
| P/B Ratio | 0.71 | 0.59 | 0.82 | 0.80 | 0.85 | 1.86 | 1.25 | 0.96 | 1.39 | 1.35 | 1.66 |
| P/FCF | 55.85 | 46.77 | — | — | 36.79 | 3.19 | 1.95 | — | 8.65 | — | 52.26 |
| P/OCF | 9.16 | 7.67 | — | — | 8.71 | 2.97 | 1.86 | — | 6.95 | 86.08 | 22.74 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
MarineMax, Inc.'s enterprise value stands at 11.4x EBITDA, 62% above its 5-year average of 7.1x. This is roughly in line with the Consumer Cyclical sector median of 11.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.71 | 0.75 | 0.68 | 0.31 | 0.52 | 0.40 | 0.51 | 0.56 | 0.59 | 0.69 |
| EV / EBITDA | 11.44 | 10.72 | 10.54 | 6.73 | 2.52 | 4.75 | 5.06 | 8.70 | 8.85 | 11.36 | 13.44 |
| EV / EBIT | 16.91 | 48.04 | 14.54 | 8.02 | 2.65 | 5.11 | 5.58 | 9.87 | 10.38 | 12.88 | 16.10 |
| EV / FCF | — | 136.84 | — | — | 39.61 | 3.08 | 2.07 | — | 11.54 | — | 65.12 |
Margins and return-on-capital ratios measuring operating efficiency
MarineMax, Inc. earns an operating margin of 4.5%, above the Consumer Cyclical sector average of 2.4%. Operating margins have compressed from 8.4% to 4.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -3.3% indicates the company is currently destroying shareholder equity. ROIC of 3.8% represents below-average returns on invested capital versus a sector median of 5.6%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.5% | 32.5% | 33.0% | 34.9% | 34.9% | 32.0% | 26.4% | 26.1% | 25.3% | 25.2% | 24.0% |
| Operating Margin | 4.5% | 4.5% | 5.3% | 8.4% | 11.5% | 10.2% | 7.1% | 4.9% | 5.4% | 4.3% | 4.3% |
| Net Profit Margin | -1.4% | -1.4% | 1.6% | 4.6% | 8.6% | 7.5% | 4.9% | 2.9% | 3.3% | 2.2% | 2.4% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -3.3% | -3.3% | 4.0% | 12.8% | 28.7% | 29.5% | 18.1% | 10.0% | 12.0% | 7.7% | 7.6% |
| ROA | -1.2% | -1.2% | 1.5% | 5.8% | 16.8% | 17.4% | 9.6% | 5.1% | 6.1% | 4.0% | 4.5% |
| ROIC | 3.8% | 3.8% | 5.1% | 11.4% | 28.6% | 30.0% | 14.1% | 7.8% | 9.2% | 7.1% | 7.3% |
| ROCE | 6.8% | 6.8% | 8.2% | 16.0% | 31.3% | 33.3% | 24.4% | 16.7% | 19.2% | 14.6% | 13.4% |
Solvency and debt-coverage ratios — lower is generally safer
MarineMax, Inc. carries a Debt/EBITDA ratio of 8.2x, which is highly leveraged (96% above the sector average of 4.2x). Net debt stands at $1.1B ($1.2B total debt minus $170M cash). Interest coverage of just 1.4x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.31 | 1.31 | 1.25 | 1.19 | 0.36 | 0.31 | 0.42 | 0.85 | 0.60 | 0.84 | 0.53 |
| Debt / EBITDA | 8.18 | 8.18 | 7.14 | 4.52 | 0.98 | 0.81 | 1.61 | 4.33 | 2.88 | 4.65 | 3.45 |
| Net Debt / Equity | — | 1.13 | 1.02 | 0.97 | 0.07 | -0.07 | 0.08 | 0.74 | 0.46 | 0.70 | 0.41 |
| Net Debt / EBITDA | 7.06 | 7.06 | 5.84 | 3.69 | 0.18 | -0.18 | 0.31 | 3.79 | 2.22 | 3.88 | 2.65 |
| Debt / FCF | — | 90.07 | — | — | 2.83 | -0.11 | 0.13 | — | 2.90 | — | 12.86 |
| Interest Coverage | 1.45 | 1.45 | 1.74 | 3.76 | 80.78 | 57.15 | 11.51 | 5.23 | 6.38 | 6.05 | 7.37 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.20x means MarineMax, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.32x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 1.33x to 1.20x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.20 | 1.20 | 1.19 | 1.33 | 1.83 | 2.06 | 1.85 | 1.38 | 1.63 | 1.42 | 1.69 |
| Quick Ratio | 0.32 | 0.32 | 0.34 | 0.37 | 0.73 | 1.14 | 0.75 | 0.22 | 0.31 | 0.22 | 0.30 |
| Cash Ratio | 0.17 | 0.17 | 0.21 | 0.24 | 0.55 | 0.88 | 0.57 | 0.09 | 0.17 | 0.13 | 0.17 |
| Asset Turnover | — | 0.93 | 0.93 | 0.99 | 1.71 | 2.05 | 1.95 | 1.58 | 1.84 | 1.64 | 1.72 |
| Inventory Turnover | 1.80 | 1.80 | 1.80 | 1.92 | 3.31 | 6.08 | 3.73 | 1.91 | 2.33 | 1.96 | 2.22 |
| Days Sales Outstanding | — | 17.12 | 15.98 | 13.07 | 7.95 | 8.43 | 8.19 | 12.51 | 10.54 | 8.55 | 9.52 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
MarineMax, Inc. returns 4.1% to shareholders annually primarily through share buybacks.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 4.7% | 14.8% | 29.7% | 14.0% | 13.1% | 10.1% | 8.0% | 5.7% | 4.3% |
| FCF Yield | 1.8% | 2.1% | — | — | 2.7% | 31.4% | 51.4% | — | 11.6% | — | 1.9% |
| Buyback Yield | 4.1% | 4.9% | 0.3% | 0.0% | 3.2% | 2.1% | 0.1% | 7.8% | 0.2% | 10.5% | 1.1% |
| Total Shareholder Yield | 4.1% | 4.9% | 0.3% | 0.0% | 3.2% | 2.1% | 0.1% | 7.8% | 0.2% | 10.5% | 1.1% |
| Shares Outstanding | — | $22M | $23M | $22M | $22M | $23M | $22M | $23M | $23M | $25M | $25M |
Compare HZO with 4 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| HZOYou | $667M | -21.3 | 11.4 | 55.9 | 32.5% | 4.5% | -3.3% | 3.8% | 8.2 |
| CVNA | $25B | 39.5 | 12.6 | 28.6 | 20.6% | 9.3% | 50.4% | 34.3% | 0.3 |
| GPC | $17B | 253.7 | 13.9 | 39.4 | 34.6% | 5.0% | 1.5% | 8.3% | 4.7 |
| AAP | $3B | 72.8 | 12.2 | — | 43.7% | 1.9% | 2.0% | 2.9% | 12.1 |
| PRTS | $49M | -1.0 | — | — | 33.4% | -6.9% | -41.0% | -32.1% | — |
| Consumer Cyclical Median | — | 18.8 | 11.0 | 14.0 | 38.6% | 2.4% | 6.5% | 5.6% | 4.2 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 28 years · Updated daily
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorSee our Bear / Base / Bull DCF models and intrinsic value estimates.
View ValuationSee how HZO stacks up against sector leader Carvana Co..
Start ComparisonMarineMax, Inc.'s current P/E ratio is -21.3x. The historical average is 21.5x.
MarineMax, Inc.'s current EV/EBITDA is 11.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.8x.
MarineMax, Inc.'s return on equity (ROE) is -3.3%. The historical average is 7.3%.
Based on historical data, MarineMax, Inc. is trading at a P/E of -21.3x. Compare with industry peers and growth rates for a complete picture.
MarineMax, Inc. has 32.5% gross margin and 4.5% operating margin.
MarineMax, Inc.'s Debt/EBITDA ratio is 8.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.