MarineMax
- Revenue$2.1 BFY, 2021
- Market Capitalization$814.6 M2022-08-04
OverviewSuggest Edit
MarineMax is a company that specializes in boat and yacht retail and superyacht services. It sells new and used recreational boats and marine products such as engines, trailers, parts, and accessories. The company also arranges related boat financing, insurance, and extended service contracts; provides boat repair and maintenance services; offers yacht and boat brokerage sales and slip and storage accommodations.
| Type | Public | |
| Founded | 1998 | |
| HQ | Clearwater, FL, US | Map |
| Website | marinemax.com | |
| Employee Ratings | ||
| Overall Culture | C | More |
Recent NewsAll News
- Thinking about buying stock in Sierra Oncology, ShiftPixy, Sasol, MarineMax, or Ion Geophysical?
- Billion Dollar Portfolio: Johnson Outdoors, MarineMax And 8 Other Stock Buys
- MarineMax warns of sales miss as COVID-19 effects started weighing in March
- MasterCraft Boat Holdings, Inc. Partners with MarineMax, Inc. to Distribute Aviara
Key People/Management at MarineMax
William Brett McGill
Chief Executive Officer and President
Dave Bigge
President
Michael H. McLamb
Executive Vice President, Chief Financial Officer and Secretary
Charles A. Cashman
Executive Vice President, Chief Revenue Officer
Larry Russo
Senior Vice President
Raul Bermudez
Vice President Charter Division
MarineMax Office Locations
MarineMax has offices in Clearwater and Amityville
Clearwater, FL, US (HQ)
2600 McCormick Dr #200
Amityville, NY, US
144 Ocean Ave
MarineMax Financials and Metrics
MarineMax Revenue
MarineMax's revenue was reported to be $2.06 b in FY, 2021 which is a 36.7% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2022) | 688.5m |
Gross profit (Q3, 2022) | 236.5m |
Gross profit margin (Q3, 2022), % | 34.3% |
Net income (Q3, 2022) | 70.2m |
EBIT (Q3, 2022) | 95.3m |
Market capitalization (4-Aug-2022) | 814.6m |
Closing stock price (4-Aug-2022) | 37.0 |
Cash (30-Jun-2022) | 281.4m |
EV | 792.5m |
MarineMax's current market capitalization is $814.6 m.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 241.9m | 303.6m | 383.5m | 304.2m | 308.5m | 498.3m | 411.5m | 523.1m | 666.3m | 472.7m | 610.1m | 688.5m |
Cost of goods sold | 178.5m | 229.4m | 285.8m | 224.2m | 229.7m | 374.9m | 288.1m | 366.3m | 461.7m | 305.5m | 404.8m | 452.1m |
Gross profit | 63.5m | 74.2m | 97.7m | 80.0m | 78.8m | 123.5m | 123.4m | 156.8m | 204.7m | 167.2m | 205.3m | 236.5m |
Gross profit Margin, % | 26% | 24% | 25% | 26% | 26% | 25% | 30% | 30% | 31% | 34% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 38.6m | 63.6m | 71.6m | 36.0m | 64.4m | 86.9m | 120.9m | 142.9m | 200.1m | 216.3m | 219.4m | 281.4m |
Accounts Receivable | 25.7m | 45.5m | 49.1m | 36.1m | 35.8m | 69.5m | 44.0m | 54.5m | 60.2m | 39.5m | 62.3m | 61.9m |
Prepaid Expenses | 16.7m | 17.6m | 18.6m | |||||||||
Inventories | 445.5m | 454.6m | 434.7m | 493.9m | 506.9m | 314.1m | 378.9m | 303.0m | 209.4m | 325.4m | 329.7m | 374.2m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 4.9m | 10.2m | 29.3m | 9.1m | 14.1m | 49.1m | 23.6m | 62.5m | 122.2m | 35.9m | 89.5m | 159.6m |
Depreciation and Amortization | 2.8m | 5.6m | 8.5m | 3.0m | 6.2m | 9.5m | 3.8m | 7.5m | 11.6m | 4.5m | 9.3m | 14.3m |
Inventories | (68.9m) | (78.0m) | (41.6m) | (16.5m) | (29.4m) | 163.4m | (38.6m) | 37.3m | 157.0m | (70.3m) | (73.8m) | (117.5m) |
Accounts Payable | (11.3m) | (11.5m) | 7.9m | (15.6m) | (18.4m) | 5.7m | (16.5m) | (15.6m) | (13.3m) | (118.0k) | 10.5m | 29.4m |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | 0.7 x |
Debt/Assets | 0.4 x |
Financial Leverage | 1.9 x |
MarineMax Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Intrepid | November 03, 2021 | |
| Texas MasterCraft | November 01, 2021 | |
| Nisswa Marine | July 01, 2021 | |
| Cruisers Yachts | May 02, 2021 | |
| SkipperBud’s & Silver Seas Yachts | October 01, 2020 | |
| Private Insurance Services | July 08, 2020 | |
| NORTHROP & JOHNSON | July 01, 2020 | |
| Boatyard, Inc. | February 28, 2020 | |
| Fraser Yachts Group | July 02, 2019 | |
| Sail & Ski Center | April 17, 2019 |
MarineMax Cybersecurity Score
MarineMax Environment, Social & Governance (ESG) Ratings
MarineMax Online and Social Media Presence
6.48k Twitter followers
MarineMax has 6.48k Twitter Followers. The number of followers has increased 0.4% month over month and increased 2% quarter over quarter
MarineMax's Trends
Twitter Engagement Stats for @MarineMax
8.1k
Tweets
1.8k
Following
6.5k
Followers
59
Tweets last 30 days
1.8
Avg. likes per Tweet
89.8%
Tweets with engagement
MarineMax Company Culture
Overall Culture
C
65/100
CEO Rating
F
40/100
Compensation
D+
58/100
MarineMax News and Updates
January 27, 2022
Thinking about buying stock in Sierra Oncology, ShiftPixy, Sasol, MarineMax, or Ion Geophysical?
NEW YORK, Jan. 27, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SRRA, PIXY, SSL, HZO, and IO. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
October 25, 2021
Billion Dollar Portfolio: Johnson Outdoors, MarineMax And 8 Other Stock Buys
Here are ten stocks with a market value of around $1 billion.
April 02, 2020
MarineMax warns of sales miss as COVID-19 effects started weighing in March
MarineMax Inc. warned Thursday of a fiscal second-quarter revenue shortfall, as the recreational boat and yacht retailer said it began to feel the effects of the COVID-19 pandemic shortly after early-March. The company said it was working with manufacturers to adjust futures orders, and implementin…
February 08, 2019
MasterCraft Boat Holdings, Inc. Partners with MarineMax, Inc. to Distribute Aviara
VONORE, Tenn., Feb. 08, 2019 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) announced an exclusive national distribution partnership with MarineMax, Inc. (NYSE:HZO), the nation’s largest recreational boat and yacht retailer, to help maximize the success of its new brand, Aviara…
May 21, 2018
MarineMax: The Ultimate Interest Rate Short?
May 07, 2018
Why Powerboat Sales Won't Mean-Revert
MarineMax Frequently Asked Questions
When was MarineMax founded?
MarineMax was founded in 1998.
Who are MarineMax key executives?
MarineMax's key executives are William Brett McGill, Dave Bigge and Michael H. McLamb.
How many employees does MarineMax have?
MarineMax has 2,666 employees.
What is MarineMax revenue?
Latest MarineMax annual revenue is $2.1 b.
What is MarineMax revenue per employee?
Latest MarineMax revenue per employee is $773.9 k.
Who are MarineMax competitors?
Competitors of MarineMax include OneWater Marine, West Marine and MasterCraft.
Where is MarineMax headquarters?
MarineMax headquarters is located at 2600 McCormick Dr #200, Clearwater.
Where are MarineMax offices?
MarineMax has offices in Clearwater and Amityville.
How many offices does MarineMax have?
MarineMax has 2 offices.
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