📊 HZO Key Takeaways
Is Marinemax Inc. (HZO) a Good Investment?
MarineMax is unprofitable with deteriorating fundamentals, declining revenue, and dangerously low interest coverage (0.5x), indicating the company cannot adequately service debt from operating earnings. While positive free cash flow and adequate liquidity provide near-term stability, negative ROE/ROA and worsening EPS trends signal fundamental business challenges requiring immediate operational restructuring.
Revenue is contracting and profitability has deteriorated to a net loss with razor-thin operating margins, while interest coverage of 0.3x signals pressure from financing costs. Liquidity is tight given a 0.29x quick ratio and modest free cash flow, leaving little cushion if demand weakens further. Despite moderate leverage and a solid gross margin, fundamentals need clear improvement before a more constructive stance.
Why Buy Marinemax Inc. Stock? HZO Key Strengths
- Positive operating cash flow of $72.3M demonstrates working capital efficiency despite net losses
- Adequate cash position of $189.1M provides liquidity buffer for near-term obligations
- Reasonable gross margin of 33.1% indicates manageable product economics and pricing power
- Positive free cash flow with low capex needs
- Moderate leverage relative to equity base (Debt/Equity 0.37x)
- Solid gross margin (31.8%) supports earnings potential if SG&A is controlled
HZO Stock Risks: Marinemax Inc. Investment Risks
- Critical interest coverage ratio of 0.5x indicates company cannot cover interest expense from operating income, raising debt sustainability concerns
- Revenue declining 5% YoY with negative net margin (-1.0%) and EPS deteriorating 186.7% YoY signals structural profitability crisis
- Weak quick ratio (0.32x) combined with operating losses limits financial flexibility; poor ROE (-1.1%) and ROA (-0.4%) indicate value destruction
- Operating margin of only 1.5% provides minimal buffer for adverse market conditions or cost pressures
- Severely weak interest coverage (0.3x) heightens debt service risk
- Tight liquidity and inventory dependence (quick ratio 0.29x)
- Negative net margin and declining revenue indicate demand and margin pressure
Key Metrics to Watch
- Interest coverage ratio trend - immediate focus required if below 1.0x
- Quarterly net income trajectory and operating margin improvement
- Revenue stabilization and same-store sales growth
- Debt levels and covenant compliance status
- Operating margin
- Interest coverage
Marinemax Inc. (HZO) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Marinemax Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
HZO Profit Margin, ROE & Profitability Analysis
HZO vs Automotive Sector: How Marinemax Inc. Compares
How Marinemax Inc. compares to Automotive sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Marinemax Inc. Stock Overvalued? HZO Valuation Analysis 2026
Based on fundamental analysis, Marinemax Inc. has mixed fundamental signals relative to the Automotive sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Marinemax Inc. Balance Sheet: HZO Debt, Cash & Liquidity
HZO Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Marinemax Inc.'s revenue has grown significantly by 18% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.87 reflects profitable operations.
HZO Revenue Growth, EPS Growth & YoY Performance
HZO Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $527.4M | -$2.6M | $-0.12 |
| Q1 2026 | $468.5M | -$7.9M | $-0.36 |
| Q3 2025 | $657.2M | -$30.8M | $1.37 |
| Q2 2025 | $582.9M | $1.6M | $0.07 |
| Q1 2025 | $468.5M | $930.0K | $0.04 |
| Q3 2024 | $721.8M | $31.6M | $1.37 |
| Q2 2024 | $570.3M | $1.6M | $0.07 |
| Q1 2024 | $507.9M | $930.0K | $0.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Marinemax Inc. Dividends, Buybacks & Capital Allocation
HZO SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Marinemax Inc. (CIK: 0001057060)
📋 Recent SEC Filings
❓ Frequently Asked Questions about HZO
What is the AI rating for HZO?
Marinemax Inc. (HZO) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 75% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are HZO's key strengths?
Claude: Positive operating cash flow of $72.3M demonstrates working capital efficiency despite net losses. Adequate cash position of $189.1M provides liquidity buffer for near-term obligations. ChatGPT: Positive free cash flow with low capex needs. Moderate leverage relative to equity base (Debt/Equity 0.37x).
What are the risks of investing in HZO?
Claude: Critical interest coverage ratio of 0.5x indicates company cannot cover interest expense from operating income, raising debt sustainability concerns. Revenue declining 5% YoY with negative net margin (-1.0%) and EPS deteriorating 186.7% YoY signals structural profitability crisis. ChatGPT: Severely weak interest coverage (0.3x) heightens debt service risk. Tight liquidity and inventory dependence (quick ratio 0.29x).
What is HZO's revenue and growth?
Marinemax Inc. reported revenue of $1.0B.
Does HZO pay dividends?
Marinemax Inc. does not currently pay dividends.
Where can I find HZO SEC filings?
Official SEC filings for Marinemax Inc. (CIK: 0001057060) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is HZO's EPS?
Marinemax Inc. has a diluted EPS of $-0.48.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is HZO a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Marinemax Inc. has a SELL rating with 75% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is HZO stock overvalued or undervalued?
Valuation metrics for HZO: ROE of -1.1% (sector avg: 12%), net margin of -1.0% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.
Should I buy HZO stock in 2026?
Our dual AI analysis gives Marinemax Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is HZO's free cash flow?
Marinemax Inc.'s operating cash flow is $72.3M, with capital expenditures of $19.5M. FCF margin is 5.1%.
How does HZO compare to other Automotive stocks?
Vs Automotive sector averages: Net margin -1.0% (avg: 6%), ROE -1.1% (avg: 12%), current ratio 1.18 (avg: 1.2).