MarineMax Inc (HZO)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 38,066 | 49,208 | 62,074 | 90,522 | 109,282 | 132,501 | 158,264 | 181,736 | 197,989 | 192,455 | 181,894 | 167,322 | 154,979 | 147,736 | 123,045 | 89,175 | 74,634 | 55,736 | 39,896 | 40,134 |
| Revenue (ttm) | US$ in thousands | 2,431,008 | 2,462,481 | 2,426,605 | 2,414,053 | 2,394,706 | 2,336,875 | 2,303,568 | 2,343,334 | 2,308,098 | 2,233,644 | 2,211,435 | 2,124,424 | 2,063,257 | 1,999,709 | 1,831,685 | 1,617,065 | 1,509,713 | 1,419,087 | 1,304,277 | 1,299,388 |
| Net profit margin | 1.57% | 2.00% | 2.56% | 3.75% | 4.56% | 5.67% | 6.87% | 7.76% | 8.58% | 8.62% | 8.23% | 7.88% | 7.51% | 7.39% | 6.72% | 5.51% | 4.94% | 3.93% | 3.06% | 3.09% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $38,066K ÷ $2,431,008K
= 1.57%
MarineMax Inc's net profit margin has shown a fluctuating trend over the past several quarters. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses are deducted, ranged from a high of 8.62% in Jun 30, 2022, to a low of 1.57% in Sep 30, 2024.
In general, a higher net profit margin indicates the company is more efficient at generating profit from each dollar of revenue. MarineMax Inc's net profit margin peaked at 8.62% in the recent past but has since declined gradually, indicating potentially increasing costs or declining revenue relative to expenses.
The downward trend in net profit margin may imply that the company could be experiencing challenges in controlling costs, managing expenses, or optimizing its revenue streams. Investors and stakeholders may want to closely monitor MarineMax Inc's financial performance and the factors influencing its profitability to assess the company's overall financial health and sustainability.
Peer comparison
Sep 30, 2024