MARINEMAX INC (HZO) Fundamental Analysis & Valuation
NYSE:HZO • US5679081084
26.86 USD
-1.49 (-5.26%)
At close: Mar 6, 2026
26.86 USD
0 (0%)
After Hours: 3/6/2026, 8:24:46 PM
This HZO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
Taking everything into account, HZO scores 3 out of 10 in our fundamental rating. HZO was compared to 124 industry peers in the Specialty Retail industry. HZO may be in some trouble as it scores bad on both profitability and health. HZO is not valued too expensively and it also shows a decent growth rate.
1. HZO Profitability Analysis
1.1 Basic Checks
- In the past year HZO was profitable.
- HZO had a positive operating cash flow in the past year.
- HZO had positive earnings in 4 of the past 5 years.
- The reported operating cash flow has been mixed in the past 5 years: HZO reported negative operating cash flow in multiple years.
1.2 Ratios
- HZO has a Return On Assets of -2.37%. This is in the lower half of the industry: HZO underperforms 62.10% of its industry peers.
- HZO has a Return On Equity (-6.18%) which is in line with its industry peers.
- HZO's Return On Invested Capital of 2.27% is in line compared to the rest of the industry. HZO outperforms 46.77% of its industry peers.
- HZO had an Average Return On Invested Capital over the past 3 years of 4.73%. This is significantly below the industry average of 13.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -6.18% | ||
| ROIC | 2.27% |
ROA(3y)1.56%
ROA(5y)6.94%
ROE(3y)4.15%
ROE(5y)12.76%
ROIC(3y)4.73%
ROIC(5y)10.19%
1.3 Margins
- With a Operating Margin value of 2.94%, HZO perfoms like the industry average, outperforming 56.45% of the companies in the same industry.
- In the last couple of years the Operating Margin of HZO has declined.
- HZO's Gross Margin of 31.59% is on the low side compared to the rest of the industry. HZO is outperformed by 60.48% of its industry peers.
- In the last couple of years the Gross Margin of HZO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.94% | ||
| PM (TTM) | N/A | ||
| GM | 31.59% |
OM growth 3Y-27.03%
OM growth 5Y-9.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y4.23%
2. HZO Health Analysis
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), HZO is destroying value.
- Compared to 1 year ago, HZO has less shares outstanding
- Compared to 5 years ago, HZO has about the same amount of shares outstanding.
- HZO has a worse debt/assets ratio than last year.
2.2 Solvency
- HZO has an Altman-Z score of 1.81. This is not the best score and indicates that HZO is in the grey zone with still only limited risk for bankruptcy at the moment.
- With a Altman-Z score value of 1.81, HZO perfoms like the industry average, outperforming 46.77% of the companies in the same industry.
- HZO has a debt to FCF ratio of 5.88. This is a neutral value as HZO would need 5.88 years to pay back of all of its debts.
- The Debt to FCF ratio of HZO (5.88) is better than 61.29% of its industry peers.
- HZO has a Debt/Equity ratio of 1.13. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.13, HZO is in line with its industry, outperforming 41.94% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 5.88 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.26
WACC8.76%
2.3 Liquidity
- HZO has a Current Ratio of 1.19. This is a normal value and indicates that HZO is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of HZO (1.19) is comparable to the rest of the industry.
- HZO has a Quick Ratio of 1.19. This is a bad value and indicates that HZO is not financially healthy enough and could expect problems in meeting its short term obligations.
- HZO has a Quick ratio of 0.29. This is in the lower half of the industry: HZO underperforms 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.19 | ||
| Quick Ratio | 0.29 |
3. HZO Growth Analysis
3.1 Past
- HZO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -77.62%.
- The earnings per share for HZO have been decreasing by -24.26% on average. This is quite bad
- HZO shows a decrease in Revenue. In the last year, the revenue decreased by -1.10%.
- The Revenue has been growing by 8.87% on average over the past years. This is quite good.
EPS 1Y (TTM)-77.62%
EPS 3Y-54.22%
EPS 5Y-24.26%
EPS Q2Q%-223.53%
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y0.02%
Revenue growth 5Y8.87%
Sales Q2Q%7.84%
3.2 Future
- Based on estimates for the next years, HZO will show a very strong growth in Earnings Per Share. The EPS will grow by 48.43% on average per year.
- Based on estimates for the next years, HZO will show a small growth in Revenue. The Revenue will grow by 3.83% on average per year.
EPS Next Y-12.09%
EPS Next 2Y38.89%
EPS Next 3Y48.43%
EPS Next 5YN/A
Revenue Next Year2.85%
Revenue Next 2Y3.44%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. HZO Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 57.15, HZO can be considered very expensive at the moment.
- HZO's Price/Earnings is on the same level as the industry average.
- The average S&P500 Price/Earnings ratio is at 26.29. HZO is valued rather expensively when compared to this.
- Based on the Price/Forward Earnings ratio of 16.38, the valuation of HZO can be described as correct.
- HZO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HZO is cheaper than 69.35% of the companies in the same industry.
- HZO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 24.60.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.15 | ||
| Fwd PE | 16.38 |
4.2 Price Multiples
- HZO's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. HZO is cheaper than 75.00% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, HZO is valued cheaply inside the industry as 95.97% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.2 | ||
| EV/EBITDA | 6.79 |
4.3 Compensation for Growth
- HZO's earnings are expected to grow with 48.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y38.89%
EPS Next 3Y48.43%
5. HZO Dividend Analysis
5.1 Amount
- HZO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
HZO Fundamentals: All Metrics, Ratios and Statistics
26.86
-1.49 (-5.26%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)01-29 2026-01-29/bmo
Earnings (Next)04-22 2026-04-22
Inst Owners98.57%
Inst Owner Change-1.3%
Ins Owners2.77%
Ins Owner Change14.83%
Market Cap591.73M
Revenue(TTM)2.35B
Net Income(TTM)-57.62M
Analysts81.54
Price Target33.22 (23.68%)
Short Float %18.19%
Short Ratio8.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-81.02%
Min EPS beat(2)-230.66%
Max EPS beat(2)68.62%
EPS beat(4)2
Avg EPS beat(4)-34.43%
Min EPS beat(4)-230.66%
Max EPS beat(4)83.44%
EPS beat(8)4
Avg EPS beat(8)-4.44%
EPS beat(12)5
Avg EPS beat(12)-10.44%
EPS beat(16)8
Avg EPS beat(16)-4.53%
Revenue beat(2)2
Avg Revenue beat(2)2.95%
Min Revenue beat(2)2.61%
Max Revenue beat(2)3.28%
Revenue beat(4)3
Avg Revenue beat(4)0.37%
Min Revenue beat(4)-12.47%
Max Revenue beat(4)8.06%
Revenue beat(8)4
Avg Revenue beat(8)-0.78%
Revenue beat(12)7
Avg Revenue beat(12)0.39%
Revenue beat(16)9
Avg Revenue beat(16)0.38%
PT rev (1m)3.64%
PT rev (3m)5.56%
EPS NQ rev (1m)-44%
EPS NQ rev (3m)-55.31%
EPS NY rev (1m)-21.81%
EPS NY rev (3m)-20.81%
Revenue NQ rev (1m)0.93%
Revenue NQ rev (3m)1.67%
Revenue NY rev (1m)0.3%
Revenue NY rev (3m)0.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 57.15 | ||
| Fwd PE | 16.38 | ||
| P/S | 0.25 | ||
| P/FCF | 3.2 | ||
| P/OCF | 2.51 | ||
| P/B | 0.63 | ||
| P/tB | 1.6 | ||
| EV/EBITDA | 6.79 |
EPS(TTM)0.47
EY1.75%
EPS(NY)1.64
Fwd EY6.1%
FCF(TTM)8.38
FCFY31.21%
OCF(TTM)10.7
OCFY39.84%
SpS106.49
BVpS42.34
TBVpS16.84
PEG (NY)N/A
PEG (5Y)N/A
Graham Number21.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.37% | ||
| ROE | -6.18% | ||
| ROCE | 4.7% | ||
| ROIC | 2.27% | ||
| ROICexc | 2.45% | ||
| ROICexgc | 3.41% | ||
| OM | 2.94% | ||
| PM (TTM) | N/A | ||
| GM | 31.59% | ||
| FCFM | 7.87% |
ROA(3y)1.56%
ROA(5y)6.94%
ROE(3y)4.15%
ROE(5y)12.76%
ROIC(3y)4.73%
ROIC(5y)10.19%
ROICexc(3y)5.21%
ROICexc(5y)12.96%
ROICexgc(3y)7.5%
ROICexgc(5y)19.19%
ROCE(3y)9.35%
ROCE(5y)16.79%
ROICexgc growth 3Y-45.93%
ROICexgc growth 5Y-23.4%
ROICexc growth 3Y-45.55%
ROICexc growth 5Y-25.45%
OM growth 3Y-27.03%
OM growth 5Y-9.07%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.37%
GM growth 5Y4.23%
F-Score5
Asset Turnover0.97
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 5.88 | ||
| Debt/EBITDA | 8.8 | ||
| Cap/Depr | 101.56% | ||
| Cap/Sales | 2.18% | ||
| Interest Coverage | 0.92 | ||
| Cash Conversion | 197.58% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.19 | ||
| Quick Ratio | 0.29 | ||
| Altman-Z | 1.81 |
F-Score5
WACC8.76%
ROIC/WACC0.26
Cap/Depr(3y)139.54%
Cap/Depr(5y)177.5%
Cap/Sales(3y)2.62%
Cap/Sales(5y)2.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-77.62%
EPS 3Y-54.22%
EPS 5Y-24.26%
EPS Q2Q%-223.53%
EPS Next Y-12.09%
EPS Next 2Y38.89%
EPS Next 3Y48.43%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.1%
Revenue growth 3Y0.02%
Revenue growth 5Y8.87%
Sales Q2Q%7.84%
Revenue Next Year2.85%
Revenue Next 2Y3.44%
Revenue Next 3Y3.83%
Revenue Next 5YN/A
EBIT growth 1Y-53.43%
EBIT growth 3Y-27.02%
EBIT growth 5Y-1%
EBIT Next Year20.18%
EBIT Next 3Y14.51%
EBIT Next 5YN/A
FCF growth 1Y182.68%
FCF growth 3Y-12.94%
FCF growth 5Y-47.23%
OCF growth 1Y252.08%
OCF growth 3Y-1.68%
OCF growth 5Y-24.9%
MARINEMAX INC / HZO FAQ
Can you provide the ChartMill fundamental rating for MARINEMAX INC?
ChartMill assigns a fundamental rating of 3 / 10 to HZO.
What is the valuation status of MARINEMAX INC (HZO) stock?
ChartMill assigns a valuation rating of 5 / 10 to MARINEMAX INC (HZO). This can be considered as Fairly Valued.
Can you provide the profitability details for MARINEMAX INC?
MARINEMAX INC (HZO) has a profitability rating of 3 / 10.
Can you provide the financial health for HZO stock?
The financial health rating of MARINEMAX INC (HZO) is 3 / 10.