Marinemax Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 108.14
Dividend & YieldN/A$ (N/A)
Beta 1.51
Market capitalization 746.52M
Operating cash flow -87.78M
ESG Scores unknown

Company description

MarineMax, Inc. operates as a recreational boat and yacht retailer and superyacht services company in the United States. It operates in 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 accommodation services; and boat or yacht brokerage services, as well as charters yachts and power catamarans. Further, it offers new or used boat finance services; arranges insurance coverage, including boat property, disability, undercoating, gel sealant, fabric protection, and casualty insurance coverage; and manufactures and sells sport yachts and yachts. Additionally, the company operates vacations in Tortola and British Virgin Islands. It also markets and sells its products through offsite locations and print catalog. MarineMax, Inc. was incorporated in 1998 and is based in Clearwater, Florida.

Sector: Consumer Cyclical - Industry: Specialty Retail

Financial Ratios
Quick Ratio1.14
Working Capital0.58
Return On Equity0.26
Debt To Equity0.08
Fixed Asset Ratio0.01
Fixed Interest Cover57.63

Financial data

Financial Statements

Cashflow Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Change To Liabilities 15.51M 10.3M 44.83M 33.63M
Total Cashflows From Investing Activities -56.33M -30.11M -161.13M -140.45M
Net Borrowings 85.58M -160.28M -118.68M 104.9M
Total Cash From Financing Activities 58.63M -158.13M -145.74M 73.06M
Change To Operating Activities 1.55M 13.2M 3.81M 1.28M
Issuance Of Stock 2.41M 4.63M 2.63M 2.2M
Net Income 35.98M 74.63M 154.98M 197.99M
Change In Cash -10.31M 116.98M 66.7M 6.08M
Effect Of Exchange Rate -181k 545k -307k -3.13M
Total Cash From Operating Activities -12.43M 304.68M 373.88M 76.59M
Depreciation 11.6M 12.77M 15.61M 19.42M
Change To Account Receivables -5.07M 2.58M -627k -563k
Other Cashflows From Financing Activities -129k -148k -3.72M -8.1M
Change To Netincome 12.34M 11.72M 15.45M 22.85M
Capital Expenditures -17.06M -12.81M -26.12M -58.46M

Income Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Research Development
Income Before Tax 48.95M 97.44M 205.79M 261.92M
Net Income 35.98M 74.63M 154.98M 197.99M
Selling General Administrative 259.2M 290.3M 448.21M 534.76M
Gross Profit 322.83M 398.71M 659.43M 805.75M
Ebit 63.63M 108.42M 211.22M 271M
Operating Income 63.63M 108.42M 211.22M 271M
Interest Expense -11.58M -9.28M -3.67M -3.28M
Income Tax Expense 12.97M 22.81M 50.81M 63.93M
Total Revenue 1.24B 1.51B 2.06B 2.31B
Cost Of Revenue 914.32M 1.11B 1.4B 1.5B
Total Other Income ExpenseNet -14.68M -10.97M -5.43M -9.08M
Net Income From Continuing Ops 35.98M 74.63M 154.98M 197.99M
Net Income Applicable To Common Shares 35.98M 74.63M 154.98M 197.99M

Balance Sheet Statement 2019-09-30 2020-09-30 2021-09-30 2022-09-30
Total Liabilities 415.26M 319.92M 412.93M 570.11M
Total Stockholder Equity 368.82M 455.4M 594.89M 782.67M
Other Current Liabilities 24.3M 31.82M 100.66M 144.43M
Total Assets 784.08M 775.32M 1.01B 1.35B
Common Stock 28k 28k 29k 29k
Other Current Assets
Retained Earnings 202.46M 277.7M 432.68M 630.67M
Treasury Stock -103.63M -102.77M -126.72M -151.46M
Cash 38.51M 155.49M 222.19M 228.27M
Total Current Liabilities 412.89M 272.53M 251.09M 412.77M
Other Stockholder Equity -669k 829k 648k -2.81M
Property, Plant, and Equipment 144.3M 179.93M 280.36M 342.85M
Total Current Assets 568.58M 503.33M 517.52M 754M
Net Tangible Assets 304.74M 371.1M 393.77M 536.2M
Net Receivables 44.9M 42.8M 53.35M 56.19M
Accounts Payable 33.67M 37.34M 25.74M 34.34M


Insider Transactions

Here are the insider transactions of stock shares related to Marinemax Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
MOORE CLINTSale at price 33.07 per share.D2023-03-01Director5k
CASHMAN CHARLES ASale at price 34.92 per share.D2023-02-24Officer10k
WHITE REBECCASale at price 31.25 per share.D2023-02-15Director5.58k
CASSELLA ANTHONY E JRSale at price 31.02 per share.D2023-02-08Officer5k
MOORE CLINTSale at price 30.66 per share.D2023-01-31Director5k
OGLESBY CHARLES RStock Award(Grant) at price 31.22 per share.D2022-12-30Director665
WHITE REBECCAStock Award(Grant) at price 31.22 per share.D2022-12-30Director132
ROMERO MERCEDESStock Award(Grant) at price 31.22 per share.D2022-12-30Director664
JOHNSON ADAM MStock Award(Grant) at price 31.22 per share.D2022-12-30Director640
MCLAMB MICHAEL HD2022-12-08Chief Financial Officer15k
EURE HILLIARD M IIIStock Gift at price 0.00 per share.D2022-12-06Director800
LANGBEHN KYLED2022-11-29Officer7.5k
BERG SHAWND2022-11-29Officer1k
FOLLIT EVELYN VD2022-11-18Director5k
EURE HILLIARD M IIID2022-11-18Director5k
WATTERS JOSEPH ALLEND2022-11-18Director5k
OGLESBY CHARLES RD2022-11-18Director5k
MOORE CLINTD2022-11-18Director5k
BORST GEORGE E.D2022-11-18Director5k
WHITE REBECCAD2022-11-18Director5k
JOHNSON ADAM MD2022-11-18Director5k
EURE HILLIARD M IIIStock Gift at price 0.00 per share.D2022-10-14Director20
MCLAMB MICHAEL HD2022-09-30Chief Financial Officer27.26k
MCGILL WILLIAM H JRD2022-09-30Officer and Director25.17k
OGLESBY CHARLES RStock Award(Grant) at price 29.79 per share.D2022-09-30Director696
CASHMAN CHARLES AD2022-09-30Officer23.85k
MCGILL WILLIAM BRETTD2022-09-30Chief Executive Officer80.33k
CASSELLA ANTHONY E JRD2022-09-30Officer7.97k
WHITE REBECCAStock Award(Grant) at price 29.79 per share.D2022-09-30Director139
JOHNSON ADAM MStock Award(Grant) at price 29.79 per share.D2022-09-30Director672
EURE HILLIARD M IIIStock Gift at price 0.00 per share.D2022-09-14Director10
WHITE REBECCASale at price 32.63 per share.D2022-09-13Director4.6k
EURE HILLIARD M IIISale at price 40.75 per share.D2022-08-26Director3k
WATTERS JOSEPH ALLENSale at price 42.45 per share.D2022-08-16Director10k
WATTERS JOSEPH ALLENConversion of Exercise of derivative security at price 7.48 per share.D2022-08-16Director10k
OGLESBY CHARLES RStock Award(Grant) at price 36.12 per share.D2022-06-30Director575
WHITE REBECCAStock Award(Grant) at price 36.12 per share.D2022-06-30Director114
JOHNSON ADAM MStock Award(Grant) at price 36.12 per share.D2022-06-30Director554
CASHMAN CHARLES AD2022-04-27Officer15k
OGLESBY CHARLES RStock Award(Grant) at price 40.26 per share.D2022-03-31Director516
WHITE REBECCAStock Award(Grant) at price 40.26 per share.D2022-03-31Director103
JOHNSON ADAM MStock Award(Grant) at price 40.26 per share.D2022-03-31Director497
MOORE CLINTSale at price 43.28 per share.D2022-03-14Director4.5k
EURE HILLIARD M IIISale at price 60.12 per share.D2022-01-03Director1.2k
OGLESBY CHARLES RStock Award(Grant) at price 59.04 per share.D2021-12-31Director351
WHITE REBECCAStock Award(Grant) at price 59.04 per share.D2021-12-31Director70
JOHNSON ADAM MStock Award(Grant) at price 59.04 per share.D2021-12-31Director338
MCLAMB MICHAEL HSale at price 59.07 - 59.08 per share.D2021-12-30Chief Financial Officer5k
EURE HILLIARD M IIIStock Gift at price 0.00 per share.D2021-12-17Director10
MCLAMB MICHAEL HSale at price 57.10 per share.D2021-12-15Chief Financial Officer4.3k
CASSELLA ANTHONY E JRSale at price 57.14 per share.D2021-12-15Officer8.1k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Marinemax Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Marinemax Inc

Here is the result of two systematic investment strategies applied to Marinemax Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Marinemax Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Marinemax Inc:

Marinemax Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 122.22% on the backtest period.

Performance at glance

Performance

122.22 %

Latent gain

2726.25 $

Invested capital

2230.68 $

Annualized return

29.52 %
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Momentum strategy results on Marinemax Inc

This is the result of two momentum investment strategies applied to Marinemax Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Marinemax Inc

The following chart shows all the entries opened by the momentum investment system on Marinemax Inc:

Marinemax Inc momentum entries
  • The first momentum investment strategy would give 170.52% of return on Marinemax Inc. That represents 7669.43$ of latent gain with 4497.58$ of employed capital.
  • The second momentum investment strategy would give 146.6% of return on Marinemax Inc. That represents 5089.98$ of latent gain with 3471.99$ of employed capital.
Performance at glance (1Q Momentum)

Performance

170.52 %

Latent gain

7669.43 $

Invested capital

4497.58 $

Annualized return

22.64 %
Performance at glance (2Q Momentum)

Performance

146.6 %

Latent gain

5089.98 $

Invested capital

3471.99 $

Annualized return

40.05 %

Momentum equity curve on Marinemax Inc

The following chart shows the equity curve of the two momentum strategies applied to Marinemax Inc:

Marinemax Inc momentum equity

Note: the dividends potentially given by Marinemax Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Marinemax Inc

The following chart shows the employed capital evolution of the two momentum strategies on Marinemax Inc since the beginning:

Marinemax Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Marinemax Inc

Buy the dip entry openings on Marinemax Inc

Marinemax Inc

The performance achieved by the robo-advisor on Marinemax Inc is 48.44%. That represents 245.1$ of latent gain with 505.95$ of employed capital. The following chart shows Marinemax Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Marinemax Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

48.44 %

Latent gain

245.1 $

Invested capital

505.95 $

Annualized return

22.64 %

Equity curve of the strategy applied to Marinemax Inc

The following chart shows the result of the investment strategy applied to Marinemax Inc:

Marinemax Inc

Note: the dividends potentially given by Marinemax Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Marinemax Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Marinemax Inc:

Marinemax Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Marinemax Inc

In this section, I will compare the three previous investment strategies applied to Marinemax Inc.

Equity curve comparison on Marinemax Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Marinemax Inc investment strategy comparison

Employed capital comparison on Marinemax Inc

Marinemax Inc investment comparison

Performance comparison on Marinemax Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 122.22% 2726.25$ 2230.68$ 29.52%
Momentum 1 quarter 170.52% 7669.43$ 4497.58$ 43.72%
Momentum 2 quarters 146.6% 5089.98$ 3471.99$ 40.05%
Non-directional 48.44% 245.1$ 505.95$ 22.64%
Annualized return comparison

Automatic investment

29.52 %

Momentum 1Q

40.05 %

Momentum 2Q

40.05 %

Non-directional

22.64 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Marinemax Inc:


Company information

Company name Marinemax Inc
Country United States
City Clearwater
Address 2600 McCormick Drive
Phone 727 531 1700
Website www.marinemax.com
FullTime employees 3410
Industry Specialty Retail
Sector Consumer Cyclical
Exchange XNYS
Ticker HZO
Market www.nyse.com

Marinemax Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown