MarineMax Inc (HZO)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 128,226 | 200,802 | 265,204 | 209,459 | 106,715 |
| Revenue | US$ in thousands | 2,431,010 | 2,394,710 | 2,308,100 | 2,063,260 | 1,509,710 |
| Operating profit margin | 5.27% | 8.39% | 11.49% | 10.15% | 7.07% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $128,226K ÷ $2,431,010K
= 5.27%
MarineMax Inc's operating profit margin has shown a declining trend over the past five years. In Sep 2020, the operating profit margin was at 7.07%, which increased to 10.15% in Sep 2021, representing an improvement. However, this positive trend reversed in the subsequent years, with the operating profit margin dropping to 11.49% in Sep 2022 and further down to 8.39% in Sep 2023. The latest data for Sep 2024 indicates a lower operating profit margin of 5.27%, highlighting a concerning decrease in profitability. MarineMax Inc may need to closely evaluate its cost management and revenue generation strategies to address this declining trend in operating profit margin.
Peer comparison
Sep 30, 2024