MarineMax Inc (HZO)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 200,802 | 265,204 | 209,459 | 106,715 | 60,532 |
| Revenue | US$ in thousands | 2,394,710 | 2,308,100 | 2,063,260 | 1,509,710 | 1,237,150 |
| Operating profit margin | 8.39% | 11.49% | 10.15% | 7.07% | 4.89% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $200,802K ÷ $2,394,710K
= 8.39%
MarineMax, Inc.'s operating profit margin has fluctuated over the past five years, with the measure exhibiting an upward trend overall. In the most recent fiscal year ending September 30, 2023, the operating profit margin stood at 8.39%, marking a decrease from the previous year's 11.49%. This reduction indicates a potential decrease in the company's ability to control costs and generate profits from its core operations. However, it is worth noting that the operating profit margin in 2023 is still higher compared to the margins in 2020 and 2019, suggesting an overall improvement in the company's operational efficiency and profitability over the longer term. Further analysis of the company's cost structure and revenue generation may provide insights into the factors driving these fluctuations in the operating profit margin.
Peer comparison
Sep 30, 2023