MarineMax Inc (HZO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 32.96% | 32.96% | 33.52% | 34.13% | 34.88% | 35.45% | 35.64% | 35.23% | 34.91% | 35.08% | 33.99% | 33.10% | 31.96% | 30.07% | 28.40% | 27.34% | 26.41% | 26.05% | 26.37% | 26.12% |
| Operating profit margin | 5.27% | 5.51% | 6.15% | 7.59% | 8.39% | 9.30% | 10.34% | 10.86% | 11.49% | 11.55% | 11.02% | 10.58% | 10.15% | 9.93% | 9.07% | 7.61% | 7.07% | 6.10% | 5.11% | 5.17% |
| Pretax margin | 2.21% | 2.60% | 3.35% | 5.02% | 6.15% | 7.65% | 9.25% | 10.33% | 11.35% | 11.42% | 10.90% | 10.43% | 9.97% | 9.74% | 8.79% | 7.17% | 6.46% | 5.28% | 4.16% | 4.21% |
| 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% |
MarineMax Inc's profitability ratios have shown some fluctuations over the past few quarters. The gross profit margin has ranged from 26.05% to 35.64%, with a recent figure of 32.96%. This margin indicates that MarineMax is effectively managing its production costs and generating a reasonable level of profit on sales.
The operating profit margin, which reflects the company's ability to control operating expenses, has varied between 5.11% and 11.49%. The most recent figure stands at 5.27%, suggesting that the company may need to focus on optimizing its operational efficiency to improve profitability.
Furthermore, the pretax margin has fluctuated between 4.16% and 11.42%, indicating MarineMax's ability to generate profits before tax expenses. The current figure of 2.21% suggests that the company is facing challenges in maximizing its earnings at the pre-tax level.
Lastly, the net profit margin, which represents the company's bottom-line profitability, has ranged from 3.06% to 8.62%. The latest figure of 1.57% indicates that MarineMax may be experiencing constraints in terms of generating profits after all expenses are accounted for.
In conclusion, MarineMax Inc's profitability ratios reflect a mixed performance, with opportunities for improvement in operational efficiency and cost management to enhance overall profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.92% | 5.23% | 5.67% | 7.26% | 8.29% | 9.13% | 10.24% | 12.04% | 19.60% | 19.54% | 20.20% | 19.12% | 20.78% | 20.76% | 17.97% | 12.75% | 13.76% | 11.76% | 7.64% | 8.04% |
| Return on assets (ROA) | 1.46% | 1.90% | 2.36% | 3.58% | 4.51% | 5.57% | 6.81% | 8.60% | 14.64% | 14.58% | 15.09% | 14.24% | 15.38% | 15.45% | 13.30% | 9.24% | 9.63% | 7.57% | 4.57% | 4.80% |
| Return on total capital | 9.58% | 10.19% | 11.47% | 14.05% | 15.37% | 16.73% | 18.94% | 20.71% | 32.03% | 32.71% | 33.83% | 33.04% | 32.61% | 31.96% | 29.03% | 23.11% | 23.07% | 20.37% | 17.22% | 17.64% |
| Return on equity (ROE) | 3.90% | 5.09% | 6.67% | 9.79% | 11.93% | 14.73% | 18.65% | 22.38% | 25.30% | 25.91% | 26.98% | 26.42% | 26.05% | 25.79% | 23.51% | 18.48% | 16.39% | 13.11% | 10.31% | 10.54% |
MarineMax Inc's profitability ratios have shown some fluctuations over the past few quarters. The Operating Return on Assets (Operating ROA) has gradually decreased from 20.78% in December 2021 to 4.92% in September 2024. This indicates a decline in the company's ability to generate profits from its assets solely through operations.
Similarly, the Return on Assets (ROA) has also exhibited a downward trend, dropping from 15.38% in December 2021 to 1.46% in September 2024. This suggests a decrease in the company's overall profitability relative to its total assets, including non-operating factors.
On the other hand, the Return on Total Capital has shown more stability, hovering around the 15% to 20% range over the same period. This metric indicates the company's efficiency in generating returns from both equity and debt capital employed in the business.
Lastly, the Return on Equity (ROE) has also experienced a decline, falling from 26.05% in December 2021 to 3.90% in September 2024. This highlights the diminishing returns earned by the shareholders on their equity investments in the company.
In summary, MarineMax Inc's profitability ratios reflect a mixed performance, with decreasing trends in operating efficiency and returns on assets and equity, while return on total capital has remained relatively stable. This indicates a need for the company to closely monitor and improve its operational efficiency and overall utilization of assets and equity to enhance profitability in the future.