MarineMax Inc (HZO)
Pretax margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 53,659 | 147,239 | 261,921 | 205,794 | 97,440 |
| Revenue | US$ in thousands | 2,431,010 | 2,394,710 | 2,308,100 | 2,063,260 | 1,509,710 |
| Pretax margin | 2.21% | 6.15% | 11.35% | 9.97% | 6.45% |
September 30, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $53,659K ÷ $2,431,010K
= 2.21%
MarineMax Inc's pretax margin has exhibited fluctuating trends over the past five years. The pretax margin decreased from 6.45% in 2020 to 2.21% in 2024, indicating a declining profitability before considering taxes. This downward trend suggests that the company's operational efficiency in generating profits has weakened in recent years. The pretax margin peaked at 11.35% in 2022, indicating a period of strong profitability. However, it subsequently declined in the following years. Further analysis is needed to understand the factors driving these fluctuations and assess the company's overall financial performance.
Peer comparison
Sep 30, 2024