MarineMax, Inc. (FL) (HZO) Financial Statements (2024 and earlier)

Company Profile

Business Address 2600 MCCORMICK DRIVE
CLEARWATER, FL 33759
State of Incorp. DE
Fiscal Year End September 30
Industry (SIC) 5531 - Auto and Home Supply Stores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments201,456226,134204,339177,773228,274281,351
Cash and cash equivalents201,456226,134204,339177,773228,274281,351
Receivables85,78095,018116,91068,51450,28761,863
Inventory, net of allowances, customer advances and progress billings812,830739,114711,296605,369454,359374,217
Inventory812,830739,114711,296605,369454,359374,217
Contract with customer, asset, after allowance for credit loss5,3007,0007,1007,2005,9006,900
Other undisclosed current assets17,81017,88114,61014,51515,17711,666
Total current assets:1,123,1761,085,1471,054,255873,371753,997735,997
Noncurrent Assets
Operating lease, right-of-use asset138,785135,452138,525138,59296,837100,127
Property, plant and equipment527,552521,637499,418501,589246,011226,647
Intangible assets, net (including goodwill), including:599,533603,245600,747566,512246,471248,194
Goodwill559,820562,277558,613527,718235,585236,713
Intangible assets, net (excluding goodwill)39,71340,96842,13438,79410,886 
Other undisclosed intangible assets, net (including goodwill)      11,481
Other noncurrent assets32,25934,81431,78333,2209,4559,104
Total noncurrent assets:1,298,1291,295,1481,270,4731,239,913598,774584,072
TOTAL ASSETS:2,421,3052,380,2952,324,7282,113,2841,352,7711,320,069
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities184,452165,778158,401145,172123,744153,621
Accounts payable71,70647,20244,59843,37334,34256,533
Accrued liabilities112,746118,576113,803101,79989,40297,088
Deferred revenue81,70097,785113,934119,889144,427138,375
Debt570,827546,432531,056373,661134,908110,250
Other undisclosed current liabilities10,0709,9679,98110,4809,69310,323
Total current liabilities:847,049819,962813,372649,202412,772412,569
Noncurrent Liabilities
Long-term debt and lease obligation389,231399,229407,335415,263134,958138,608
Long-term debt, excluding current maturities389,231399,229407,335415,26345,30145,834
Liabilities, other than long-term debt266,608258,747252,761233,89322,37526,152
Deferred income tax liabilities56,92754,44947,63837,80715,40117,805
Other liabilities85,89284,53983,31075,0416,9748,347
Operating lease, liability123,789119,759121,813121,04589,65792,774
Total noncurrent liabilities:655,839657,976660,096649,156157,333164,760
Total liabilities:1,502,8881,477,9381,473,4681,298,358570,105577,329
Equity
Equity, attributable to parent, including:915,843899,809848,626812,220782,666742,740
Common stock292929292929
Treasury stock, value(148,700)(148,656)(148,656)(148,656)(148,700)(148,656)
Additional paid in capital323,218320,383313,848308,480303,432300,411
Accumulated other comprehensive income (loss)1,3033,2453,0132,010(2,806)(1,351)
Retained earnings739,949724,808680,392650,357630,667592,307
Other undisclosed equity, attributable to parent 44   44 
Equity, attributable to noncontrolling interest2,5742,5482,6342,706  
Total equity:918,417902,357851,260814,926782,666742,740
TOTAL LIABILITIES AND EQUITY:2,421,3052,380,2952,324,7282,113,2841,352,7711,320,069

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Revenues594,595721,844570,340507,927536,764688,537
Cost of revenue(390,880)(478,036)(369,431)(321,030)(339,997)(452,064)
Gross profit:203,715243,808200,909186,897196,767236,473
Operating expenses(169,399)(169,227)(145,504)(150,397)(145,848)(141,173)
Operating income:34,31674,58155,40536,50050,91995,300
Interest and debt expense(15,805)(14,798)(13,280)(9,484)(984)(1,008)
Income from continuing operations before income taxes:18,51159,78342,12527,01649,93594,292
Income tax expense (benefit)(3,272)(15,455)(12,201)(7,029)(11,575)(24,113)
Income from continuing operations:15,23944,32829,92419,98738,36070,179
Income before gain (loss) on sale of properties:✕✕✕✕✕38,36070,179
Net income:15,23944,32829,92419,98738,36070,179
Net income (loss) attributable to noncontrolling interest(98)88111(297)  
Net income available to common stockholders, diluted:15,14144,41630,03519,69038,36070,179

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2023
Q1
9/30/2023
Q4
6/30/2023
Q3
3/31/2023
Q2
12/31/2022
Q1
9/30/2022
Q4
6/30/2022
Q3
Net income:15,23944,32829,92419,98738,36070,179
Other comprehensive income (loss)(2,014)2341,0425,017(1,455)(1,498)
Comprehensive income:13,22544,56230,96625,00436,90568,681
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(26)8672(498)  
Comprehensive income, net of tax, attributable to parent:13,19944,64831,03824,50636,90568,681

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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