MARINEMAX INC

Listed Company

HZOCIK 0001057060NYSEAcceleratedRetail-Auto & Home Supply StoresDelawareFY ends Sep 30

Period

FY 2025

Revenue

$2.31B

Net Income

$-31.63M

Total Assets

$2.47B

Equity

$937.19M

Shares Out

22.03M

Op. Cash Flow

$72.81M

Business

MARINEMAX INC is a recreational boat and yacht retailer, marina operator and superyacht services provider that sells, manufactures, brokers and services a broad range of marine products. It offers new and used boats and yachts, marine engines, parts and accessories, maintenance and repair, slip and storage rentals, finance and insurance solutions, yacht charter and brokerage, marina operations, and digital customer and retail platforms. Its principal business segments include Retail Operations, Product Manufacturing, superyacht services and marina operations. The company distributes through retail dealership locations, waterfront marinas, independent dealers, brokerage channels and online platforms globally.

Summary from filing dated 2025-11-17

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Revenue	2,309	2,431	2,395	2,308	2,063
Cost of sales	1,559	1,630	1,559	1,502	1,404
Gross profit	750	801	835	806	659
Selling, general and administrative expenses	647	673	635	541	450
Goodwill impairment	69	—	—	—	—
Income (loss) from operations	34	128	201	265	209
Interest expense	71	74	53	3	4
(Loss) income before income tax provision	−37	54	147	262	206
Income tax (benefit) provision	−6	16	38	64	51
Net (loss) income	−31	39	109	198	155
Less: Net income attributable to non-controlling interests	865,000	672,000	196,000	—	—
Net (loss) income attributable to MarineMax, Inc.	−32	38	109	198	155
Basic net (loss) income per common share	−1.43	1.71	5	9.12	7.04
Diluted net (loss) income per common share	−1.43	1.65	4.87	8.84	6.78
Basic	22	22	22	22	22
Diluted	22	23	22	22	23

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Cash and cash equivalents	170	224	201	228	222
Accounts receivable, net	108	106	86	50	48
Inventories	867	907	813	454	231
Prepaid expenses and other current assets	35	36	23	21	17
Total current assets	1,181	1,273	1,123	754	518
Property and equipment, net	553	533	528	246	175
Operating lease right-of-use assets, net	138	137	139	97	105
Goodwill	527	592	560	236	196
Other intangible assets, net	35	38	40	11	6
Other long-term assets	37	33	32	9	9
Total assets	2,470	2,605	2,421	1,353	1,008
Accounts payable	56	54	72	34	26
Contract liabilities (customer deposits)	46	65	82	144	101
Accrued expenses	121	197	113	89	87
Short-term borrowings (Floor Plan)	716	709	537	132	24
Current maturities on long-term debt	36	34	34	3	4
Current operating lease liabilities	10	10	10	10	11
Total current liabilities	985	1,069	847	413	251
Long-term debt, net of current maturities	356	356	389	45	47
Noncurrent operating lease liabilities	128	125	124	90	97
Deferred tax liabilities, net	47	60	57	15	9
Other long-term liabilities	5	9	86	7	8
Total liabilities	1,522	1,619	1,503	570	413
COMMITMENTS AND CONTINGENCIES (Note 19)	—	—	—	—	—
Preferred stock, $.001 par value; 1,000,000 shares authorized, none issued or outstanding as of September 30, 2025 and 2024	—	—	—	—	—
Common stock, $.001 par value; 40,000,000 shares authorized, 30,543,794 and 29,898,545 shares issued and 21,868,739 and 22,544,308 shares outstanding as of September 30, 2025 and 2024, respectively	31,000	30,000	29,000	29,000	29,000
Additional paid-in capital	361	344	323	303	289
Accumulated other comprehensive income	8	5	1	−3	648,000
Retained earnings	746	778	740	631	433
Treasury stock, at cost; 8,675,055 and 7,354,237 shares held as of September 30, 2025 and 2024, respectively	−178	−151	−149	−149	−127
Total shareholders' equity attributable to MarineMax, Inc.	937	976	916	783	595
Non-controlling interests	12	10	3	0	—
Total shareholders' equity	949	986	918	783	595
Total liabilities and shareholders equity	2,470	2,605	2,421	1,353	1,008

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-09-30	FY 2024 2024-09-30	FY 2023 2023-09-30	FY 2022 2022-09-30	FY 2021 2021-09-30
Depreciation and amortization	49	44	41	19	16
Deferred income tax (benefit) provision, net of effects of acquisitions	−13	3	23	2	5
Loss (gain) from hurricane	4	5	−933,000	5	—
Change in fair value of contingent consideration	−28	−3	2	—	—
Loss (gain) on sale of property and equipment and assets held for sale	−205,000	432,000	−354,000	—	—
Gain on previously held equity investment upon acquisition of the entire business	—	—	−5	—	—
Proceeds from insurance settlements	118,000	—	—	—	941,000
Stock-based compensation expense	19	24	22	16	10
Accounts receivable, net	−4	−20	−31	−563,000	−627,000
Inventories	35	−91	−352	−198	140
Prepaid expenses and other assets	−4	−1	254,000	−4	−2
Accounts payable	2	−18	24	7	−16
Contract liabilities (customer deposits)	−19	−17	−66	26	61
Accrued expenses and other liabilities	−9	9	11	6	6
Net cash provided by (used in) operating activities	73	−26	−222	77	374
Purchases of property and equipment	−61	−60	−65	−58	−26
Proceeds from insurance settlements	2	581,000	3	—	1
Issuance of notes receivable	−3	—	—	—	—
Cash used in acquisition of businesses, net of cash acquired	−10	−22	−517	−83	−134
Proceeds from investments	0	—	2	2	—
Purchases of investments	−493,000	—	−2	−2	−2
Proceeds from trade name and warranties assumed in asset exchange agreement	6	—	—	—	—
Proceeds from sale of property and equipment and assets held for sale	11	450,000	3	703,000	350,000
Net cash used in investing activities	−56	−81	−576	−140	−161
Net borrowings on short-term borrowings (Floor Plan)	7	170	405	108	−163
Proceeds from long-term debt	37	—	400	—	46
Payments for long-term debt	−34	−34	−25	−3	−2
Net proceeds from issuance of common stock under incentive compensation, and employee purchase plans	3	3	2	2	3
Contingent acquisition consideration payments	−52	−3	−8	−5	−3
Payments on tax withholdings for equity awards	−5	−5	−3	−5	−2
Purchase of treasury stock	−27	−2	—	−21	−24
Net cash (used in) provided by financing activities	−72	129	770	73	−146
Effect of exchange rate changes on cash	825,000	1	1	−3	−307,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS:	−54	23	−27	6	67
Interest	77	79	52	3	4
Income taxes	9	10	30	65	53
Accrued tax withholdings upon vesting of equity awards	4	4	3	2	3
Contingent consideration liabilities from acquisitions	—	1	77	7	11
Other current assets held for sale previously classified as property and equipment	—	12	—	—	—

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro