# MarineMax Inc.  (FL) (HZO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Consumer Cyclical / Specialty Retail. Price $52.16, market value $1.2 billion.

## Valuation
- **P/E (trailing): 326.0×** (5-yr avg 9.7×, 3-yr avg 14.1×). MarineMax Inc.  (FL) trades at 326.0× trailing earnings, well above its own five-year average of 9.7×: investors are paying up relative to the company's past. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 33.1×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.2×**. The shares trade at 1.2× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 11.7×**. Enterprise value is 11.7× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 15.5%** (5-yr avg -2.7%). Free cash flow equals 15.5% of the market value, above its five-year average of -2.7%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 0.3%**. The inverse of the P/E: 0.3% of the price is earned each year.

## Profitability
- **Gross margin: 34.2%**. MarineMax Inc.  (FL) keeps 34.2% of revenue after the direct cost of what it sells.
- **Operating margin: 3.0%**. 3.0% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: -1.4%**. The company reported a net loss over the last twelve months.
- **Return on equity: -3.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: 4.6%**. Return on all capital, debt included, is 4.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.2%**. Each dollar of assets produces 0.2% of profit.

## Growth
- **Revenue growth (1 yr): -5.0%** (3-yr 0.0%/yr, 5-yr 8.9%/yr). Revenue fell 5.0% over the last year, against 8.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -186.7%**. Earnings per share fell 186.7%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): -13.0%/yr**. Free cash flow has compounded at -13.0% a year over three years.

## Financial health
- **Debt to equity: 0.42**. Debt is 0.42 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.9×**. It would take 1.9 years of operating earnings to repay net borrowings, within the comfortable range.
- **Altman Z-score: 1.97**. A Z-score of 1.97 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. MarineMax Inc.  (FL) does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 99.8%** (YTD 115.3%, 3-mo 57.9%). The shares are up 99.8% over twelve months including dividends.
- **From 52-week high: -0.6%** (143.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 80**. An RSI of 80 is in overbought territory; short-term pullbacks are common from here.
- **Beta (1 yr): 1.76** (volatility 67%). Beta of 1.76 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HZO · Page: https://foliofundamentals.com/stocks/hzo

Not investment advice.