HZO
MarineMax, Inc.
HZO lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
HZO Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Healthy | |
| Weak |
HZO's profitability and cash flow are currently healthy, but its revenue and balance sheet are under pressure.
HZO PE Valuation
HZO has no meaningful PE right now: it lost money over the past year.
HZO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect HZO's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
HZO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.61 | +518% |
| Q2 2026 | $0.26 | +$1.60 |
| Q1 2026 | -$2.82 | -215% |
| Q4 2025 | -$2.56 | -208% |
| Q3 2025 | -$1.43 | -187% |
| Q2 2025 | -$1.34 | -163% |
| Q1 2025 | $2.45 | -11% |
| Q4 2024 | $2.38 | -41% |
| Q3 2024 | $1.65 | -66% |
HZO has returned to profit: it earned $0.26 per share over the past year, after losing money the year before.
HZO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $611.3M | -7% |
| Q1 2026 | $527.4M | -16% |
| Q4 2025 | $505.2M | +7.8% |
| Q3 2025 | $552.2M | -1.9% |
| Q2 2025 | $657.2M | -13% |
| Q1 2025 | $631.5M | +8.3% |
| Q4 2024 | $468.5M | -11% |
| Q3 2024 | $563.1M | -5.3% |
HZO's revenue has slid since its 2024 peak: $611M last quarter, down 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 6.1% | +12 points |
| Q1 2026 | 2% | -1.6 points |
| Q4 2025 | 1% | -7.4 points |
| Q3 2025 | 2.5% | -2.3 points |
| Q2 2025 | -6.3% | -14 points |
| Q1 2025 | 3.6% | -0.1 points |
| Q4 2024 | 8.3% | +4.7 points |
| Q3 2024 | 4.8% | -1 points |
HZO's operating margin was 6.1% last quarter, up 12 points from the same quarter a year ago.
HZO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $77.2M | +13% |
| Q1 2026 | $44.5M | -26% |
| Q4 2025 | $8.3M | +$172.7M |
| Q3 2025 | $48M | +$65.5M |
| Q2 2025 | $68.5M | -3.7% |
| Q1 2025 | $59.8M | +$97.1M |
| Q4 2024 | -$164.4M | -$62M |
| Q3 2024 | -$17.5M | +$24.4M |
HZO's free cash flow has turned positive after three years mostly in the red: $178M over the past year.
HZO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +5.1% | +1.1M shares |
| 1 year | +7.6% | +1.6M shares |
| 3 years | +3.3% | +730K shares |
| 5 years | +0.5% | +120K shares |
| Available history | +5.8% | +1.3M shares |
HZO has 23M diluted shares, up 7.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2025 | — |
| Q2 2025 | $15M |
| Q3 2024 | — |
| Q3 2022 | — |
| Q2 2022 | $5M |
| Q3 2021 | $10.1M |
| Q3 2020 | — |
| Q2 2020 | $159,000 |
HZO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 6.8x | High |
| Q1 2026 | 22.5x | High |
| Q4 2025 | 18.3x | High |
| Q3 2025 | 11.3x | High |
| Q2 2025 | 10.4x | High |
| Q1 2025 | 5.1x | High |
| Q4 2024 | 5.3x | High |
| Q3 2024 | 5.1x | High |
HZO's net debt is about 6.8 years of its operating earnings (EBITDA), down from 10 years a year ago.
HZO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 78.2 | Overbought |
| Stochastic | 96.4 | Overbought |
HZO's weekly RSI is 78 (overbought) and its Stochastic is 96 (overbought).
HZO PE vs Consumer Cyclical Sector
| Metric | HZO | Sector median | Relative |
|---|---|---|---|
| PE | 203x | 18x | 1,026% above |
| PE % | 100 | 47 | 53 pts above |
HZO has no meaningful PE right now: it lost money over the past year.
HZO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $52.6 | 0.5% above |
| 20 week MA | $47.2 | 12% above |
| 50 week MA | $36.4 | 45% above |
| 100 week MA | $30.6 | 72% above |
| 200 week MA | $31.1 | 70% above |
HZO has climbed back above all five of its weekly moving averages, and it's now 70% above its 200-week average.
HZO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.7 | $37.8 | +127% |
| 2021 | $37.8 | $56.3 | +49% |
| 2022 | $56.3 | $31.0 | -45% |
| 2023 | $31.0 | $38.9 | +26% |
| 2024 | $38.9 | $27.8 | -29% |
| 2025 | $27.8 | $24.5 | -12% |
| 2026 YTD | $24.5 | $52.8 | +116% |
HZO's yearly returns have swung widely, from +127% in 2020 to −45% in 2022. It's up 116% so far in 2026.