MarineMax Inc (HZO)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	35,985	40,840	39,129
Revenue (ttm)	US$ in thousands	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	1,237,153	1,237,608	1,215,368
Net profit margin		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%	2.91%	3.30%	3.22%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $90,522K ÷ $2,414,053K
= 3.75%

The net profit margin of Marinemax, Inc. has been fluctuating over the past eight quarters. It decreased from 8.58% in September 2022 to 3.75% in December 2023. This downward trend may indicate a decrease in the company's profitability relative to its revenues. However, it is important to consider other factors and financial metrics to understand the overall financial performance of Marinemax, Inc.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

MarineMax Inc

HZO

3.75%

Advance Auto Parts Inc

O’Reilly Automotive Inc

ORLY

14.97%