MarineMax, Inc. (FL) (HZO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

MarineMax, Inc. (FL)

NYSE•Consumer Cyclical•Specialty Retail

$52.34-0.16(<0.01%)After hours

Market Cap

$1.16B

P/E

291.0x

P/S

0.5x

P/B

1.2x

MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates through two segments, Retail Operations and Product Manufacturing. The company sells new and used recreational boats, including pleasure and fishing boats, mega-yachts, yachts, sport cruisers, motor yachts, e-power yachts, pontoon boats, ski boats, jet boats, and other recreational boats. It also offers marine parts and accessories comprising marine electronics; dock and anchoring products that include boat fenders, lines, and anchors; boat covers; trailer parts; water sport accessories, which comprise tubes, lines, wakeboards, and skis; engine parts; oils; lubricants; steering and control systems; corrosion control products and service products; high-performance accessories, including propellers and instruments; and a line of boating accessories, such as life jackets, inflatables, and water sports equipment. In addition, the company provides novelty items, such as shirts, caps, and license plates; marine engines and equipment; maintenance, repair, and slip and storage services; and boat or yacht brokerage services, as well as yacht charters and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, trailer tire and wheel protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates MarineMax vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. The company was incorporated in 1998 and is based in Oldsmar, Florida.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Cash & Earnings Quality (13/25).

Profitability13/25

Growth13/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality13/25

Strengths

Rising earningsLow leverageProfit converts from growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 291.0x5y range 3.9x – 291.0x

Currently above its 16-quarter median.

P/S · 0.5x5y range 0.2x – 0.5x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.5x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -8.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.16B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $2.20B
Q. Revenue: $611.26M
TTM EBITDA: $142.43M
TTM Op. Income: $66.82M
Q. Op. Income: $37.22M
TTM Net Income: $3.99M
Q. Net Income: $15.36M
EPS: $0.7
Shares Out.: $22.07M

$2.20B in TTM revenue declined 5.4% YoY, reaching $611.26M last quarter. TTM EBITDA of $142.43M and TTM operating income of $66.82M show growth is flowing through to the bottom line. TTM net income of $3.99M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 2 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 35.7%
EBITDA Margin: 8.1%
Op. Margin: 6.1%
Net Margin: 2.5%

Op. margin of 6.1% is up 12.4% YoY — cost efficiency is improving. Net margin at 2.5% and gross margin of 35.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 291.0x
P/S Ratio: 0.5x
P/B Ratio: 1.2x

At 291.0x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 0.5x and P/B of 1.2x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 0% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.36B
Cash: $174.78M
Long-Term Debt: $335.17M
Book Value: $952.49M
D/E Ratio: 0.4
Debt/EBITDA: 6.7

With $2.36B in assets and $335.17M in long-term debt, D/E is 0.4and book value is $952.49M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 4 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $85.20M
TTM Free Cash Flow: $178.02M
FCF Margin: 8.1%
FCF / Net Income: 44.7

TTM FCF of $178.02M on $85.20M in operating cash flow. The FCF / Net Income ratio of 44.7x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 432% — an improving trend.