MARINEMAX INC (HZO) Fundamental Analysis & Valuation
NYSE:HZO • US5679081084
27.34 USD
+0.48 (+1.79%)
At close: Mar 9, 2026
27.34 USD
0 (0%)
After Hours: 3/9/2026, 8:10:40 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 has a decent growth rate and is not valued too expensively.
1. HZO Profitability Analysis
1.1 Basic Checks
- In the past year HZO was profitable.
- In the past year HZO had a positive cash flow from operations.
- Of the past 5 years HZO 4 years were profitable.
- 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
- Looking at the Return On Assets, with a value of -2.37%, HZO is doing worse than 62.10% of the companies in the same industry.
- With a Return On Equity value of -6.18%, HZO perfoms like the industry average, outperforming 46.77% of the companies in the same industry.
- With a Return On Invested Capital value of 2.27%, HZO perfoms like the industry average, outperforming 46.77% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for HZO is significantly below the industry average of 13.57%.
| 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
- HZO has a Operating Margin of 2.94%. This is comparable to the rest of the industry: HZO outperforms 56.45% of its industry peers.
- 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.
- HZO's Gross Margin has improved in the last couple of years.
| 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
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so HZO is destroying value.
- HZO has less shares outstanding than it did 1 year ago.
- HZO has about the same amout of shares outstanding than it did 5 years ago.
- The debt/assets ratio for HZO is higher compared to a year ago.
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.
- HZO has a Debt to FCF ratio of 5.88. This is in the better half of the industry: HZO outperforms 61.29% of its industry peers.
- A Debt/Equity ratio of 1.13 is on the high side and indicates that HZO has dependencies on debt financing.
- HZO's Debt to Equity ratio of 1.13 is in line compared to the rest of the industry. HZO outperforms 41.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.13 | ||
| Debt/FCF | 5.88 | ||
| Altman-Z | 1.81 |
ROIC/WACC0.26
WACC8.8%
2.3 Liquidity
- A Current Ratio of 1.19 indicates that HZO should not have too much problems paying its short term obligations.
- HZO's Current ratio of 1.19 is in line compared to the rest of the industry. HZO outperforms 41.13% of its industry peers.
- 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.
- With a Quick ratio value of 0.29, HZO is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
| 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
- Looking at the last year, HZO shows a decrease in Revenue. The Revenue has decreased by -1.10% in the last year.
- HZO shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.87% yearly.
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
- HZO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 48.43% yearly.
- 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
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. HZO Valuation Analysis
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 58.17, HZO can be considered very expensive at the moment.
- The rest of the industry has a similar Price/Earnings ratio as HZO.
- HZO is valuated expensively when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
- HZO is valuated correctly with a Price/Forward Earnings ratio of 16.67.
- Based on the Price/Forward Earnings ratio, HZO is valued a bit cheaper than 69.35% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of HZO to the average of the S&P500 Index (24.65), we can say HZO is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.17 | ||
| Fwd PE | 16.67 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, HZO is valued a bit cheaper than 75.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of HZO indicates a rather cheap valuation: HZO is cheaper than 95.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.26 | ||
| 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
27.34
+0.48 (+1.79%)
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 Cap602.30M
Revenue(TTM)2.35B
Net Income(TTM)-57.62M
Analysts81.54
Price Target33.22 (21.51%)
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 | 58.17 | ||
| Fwd PE | 16.67 | ||
| P/S | 0.26 | ||
| P/FCF | 3.26 | ||
| P/OCF | 2.55 | ||
| P/B | 0.65 | ||
| P/tB | 1.62 | ||
| EV/EBITDA | 6.79 |
EPS(TTM)0.47
EY1.72%
EPS(NY)1.64
Fwd EY6%
FCF(TTM)8.38
FCFY30.66%
OCF(TTM)10.7
OCFY39.14%
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
WACC8.8%
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.