Is MarineMax (HZO) overvalued or fairly valued?

MarketChacha shows MarineMax's valuation in context — a forward P/E of about 33.0, a price-to-book of about 1.2 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is MarineMax's revenue?

MarineMax reported revenue of $2.3B for FY2025, with net profit of $-31.6M, per official filings.

What is the share price of MarineMax (HZO)?

MarineMax last traded at $52.38 (+0.7% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

MarineMax

HZO · NYSE · Consumer Discretionary · United States

Snapshot

TickerHZO

ExchangeNYSE

SectorConsumer Discretionary

IndustrySpecialty Retail

CountryUnited States

Employees3,385

HeadquartersOldsmar, United States

Websitewww.marinemax.com

Filings tracked16

About MarineMax

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.

Who owns it

Insiders11.5%
Institutions84.7%
Public & other3.7%

258 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.14.39%
American Century Companies Inc10.30%
State Street Corporation4.34%
Dimensional Fund Advisors LP4.21%
Vanguard Capital Management LLC3.95%
Royce & Associates LP2.57%
Geode Capital Management, LLC2.30%
Vanguard Portfolio Management LLC2.28%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Over 3 years only -1.51× of reported profit became operating cash — the classic sign that headline earnings may be running ahead of the cash actually generated. Often explained by working capital funding growth; worth a closer look.

Cash conversion-1.51×

Net margin trend4.6% → -1.4%

Margin has compressed by about 5.9 points over the period — profitability is trending down.

Return on equity-3.4%

Latest ROE of -3.4% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $512.0M · EPS 0.01

Est. earnings growth +106.7%

Next fiscal year

Rev $2.3B · EPS 1.57

Est. earnings growth +121.3%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.3B

Net margin

-1.4%

ROE

-3.4%

Revenue CAGR (2y)

-1.8%

EPS (FY2025)

-1.43

Net profit (FY2025)

$-31.6M

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On MarketChacha

Posts about HZO

Why did MarineMax (HZO) rocket ~46%? Blackstone's Safe Harbor is buying it for $53 a share cashc/usmarkets · 8/11/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$2.3B	$-31.6M	-1.43	-1.4%	-3.4%
FY2024	$2.4B	$38.1M	1.65	1.6%	3.9%
FY2023	$2.4B	$109.3M	4.87	4.6%	11.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$611.3M	$15.4M	0.66	2.5%
2026Q1	$527.4M	$-2.6M	-0.12	-0.5%
2025Q4	$505.2M	$-7.9M	-0.36	-1.6%
2025Q2	$657.2M	$-52.1M	-2.42	-7.9%
2025Q1	$631.5M	$3.3M	0.14	0.5%
2024Q4	$468.5M	$18.1M	0.77	3.9%
2024Q2	$757.7M	$31.6M	1.37	4.2%
2024Q1	$582.9M	$1.6M	0.07	0.3%
2023Q4	$527.3M	$930,000	0.04	0.2%
2023Q2	$721.8M	$44.4M	1.98	6.2%
2023Q1	$570.3M	$30.0M	1.35	5.3%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Reg FD disclosure, Exhibits
SEC8/10/2026material
10-Q filing
SEC7/23/2026
8-K — Results of operations, Exhibits
SEC7/23/2026material
8-K — Material agreement, Termination of agreement, Material financial obligation, Reg FD disclosure, Exhibits
SEC6/30/2026material
8-K — Results of operations, Exhibits
SEC4/23/2026material
10-Q filing
SEC4/23/2026
8-K — Other events, Exhibits
SEC3/4/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC3/3/2026material
8-K — Results of operations, Exhibits
SEC1/29/2026material
10-Q filing
SEC1/29/2026
8-K — Executive/director change
SEC1/20/2026material

2025

10-K filing
SEC11/17/2025
8-K — Results of operations, Exhibits
SEC11/13/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC10/9/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC9/30/2025material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC8/6/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.