MarineMax Inc (HZO)
Profitability ratios
Return on sales
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 32.96% | 34.88% | 34.91% | 31.96% | 26.41% |
| Operating profit margin | 5.27% | 8.39% | 11.49% | 10.15% | 7.07% |
| Pretax margin | 2.21% | 6.15% | 11.35% | 9.97% | 6.45% |
| Net profit margin | 1.57% | 4.56% | 8.58% | 7.51% | 4.94% |
MarineMax Inc's profitability ratios show a mixed performance over the past five years. The gross profit margin has fluctuated, reaching a high of 34.91% in 2022 and a low of 26.41% in 2020. This indicates variability in the company's ability to generate profit from its core operations.
The operating profit margin has also displayed variability, with a peak of 11.49% in 2022 and a low of 7.07% in 2020. This ratio highlights the efficiency of the company in managing its operating expenses to generate operating profit.
The pretax margin shows a similar trend, with a high of 11.35% in 2022 and a low of 6.45% in 2020. This metric reflects the company's ability to generate profit before accounting for taxes relative to its total revenue.
The net profit margin, which represents the company's bottom-line profitability after all expenses have been deducted, has shown a similar pattern. It peaked at 8.58% in 2022 and hit a low of 4.94% in 2020.
Overall, MarineMax Inc's profitability ratios demonstrate some inconsistency in its ability to generate profit over the past five years. Further analysis of the company's financial performance and business operations would be needed to identify the factors driving these fluctuations.
Return on investment
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.92% | 8.29% | 19.60% | 20.78% | 13.76% |
| Return on assets (ROA) | 1.46% | 4.51% | 14.64% | 15.38% | 9.63% |
| Return on total capital | 9.58% | 15.37% | 32.03% | 32.61% | 23.06% |
| Return on equity (ROE) | 3.90% | 11.93% | 25.30% | 26.05% | 16.39% |
MarineMax Inc's profitability ratios exhibit some variability over the past five years. The Operating Return on Assets (Operating ROA) has decreased from 19.60% in 2022 to 4.92% in 2024, indicating a decline in the company's ability to generate operating income from its assets. Similarly, the Return on Assets (ROA) has also declined steadily from 15.38% in 2021 to 1.46% in 2024, suggesting a decreasing ability to generate profits from its total assets.
The Return on Total Capital, which measures the efficiency of the company in generating returns from both equity and debt capital, shows a downward trend from 32.61% in 2021 to 9.58% in 2024. This indicates a reduction in the company's overall profitability relative to its total capital employed over the years.
The Return on Equity (ROE) also displays a decreasing trend, dropping from 26.05% in 2021 to 3.90% in 2024. This decline signifies a reduction in the company's ability to generate returns for its shareholders over the years.
In summary, MarineMax Inc's profitability ratios have shown a decline over the past five years, with decreasing returns on assets, total capital, and equity, indicating challenges in maintaining profitability and generating returns for investors. It would be advisable for stakeholders to further investigate the reasons behind this downward trend and assess the company's strategic direction to address these profitability concerns.