MarineMax Gross Profit vs Net Income Analysis

HZO Stock  USD 33.26  0.85  2.62%   
MarineMax financial indicator trend analysis is infinitely more than just investigating MarineMax recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MarineMax is a good investment. Please check the relationship between MarineMax Gross Profit and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.

Gross Profit vs Net Income

Gross Profit vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MarineMax Gross Profit account and Net Income. At this time, the significance of the direction appears to have very strong relationship.
The correlation between MarineMax's Gross Profit and Net Income is 0.89. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Net Income in the same time period over historical financial statements of MarineMax, assuming nothing else is changed. The correlation between historical values of MarineMax's Gross Profit and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of MarineMax are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Gross Profit i.e., MarineMax's Gross Profit and Net Income go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Gross Profit

Gross profit is a required income statement account that reflects total revenue of MarineMax minus its cost of goods sold. It is profit before MarineMax operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in MarineMax financial statement analysis. It represents the amount of money remaining after all of MarineMax operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from MarineMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into MarineMax current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.At this time, MarineMax's Selling General Administrative is very stable compared to the past year. As of the 28th of March 2024, Enterprise Value Multiple is likely to grow to 7.58, while Tax Provision is likely to drop about 24.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit805.8M835.3M960.6M1.0B
Total Revenue2.3B2.4B2.8B2.9B

MarineMax fundamental ratios Correlations

0.980.960.980.971.00.920.970.970.841.0-0.640.840.990.990.190.980.960.88-0.210.991.00.990.920.410.97
0.980.890.990.90.970.980.890.960.710.97-0.530.710.960.970.170.980.970.8-0.150.990.970.960.970.470.99
0.960.890.910.980.960.790.990.930.940.96-0.760.940.970.970.080.930.860.88-0.380.930.960.950.790.360.9
0.980.990.910.930.970.960.920.980.750.97-0.520.750.970.960.210.960.990.82-0.160.990.970.990.970.530.96
0.970.90.980.930.970.810.990.940.930.96-0.70.930.970.960.240.930.910.91-0.220.940.970.970.820.340.9
1.00.970.960.970.970.920.960.960.841.0-0.670.840.981.00.180.990.940.87-0.20.991.00.980.90.360.98
0.920.980.790.960.810.920.80.920.570.92-0.420.570.90.910.170.940.960.72-0.080.960.920.910.990.510.97
0.970.890.990.920.990.960.80.940.940.96-0.730.940.970.960.140.920.890.9-0.330.930.960.960.80.370.89
0.970.960.930.980.940.960.920.940.810.96-0.550.810.980.960.140.950.960.83-0.270.970.960.980.930.50.94
0.840.710.940.750.930.840.570.940.810.84-0.791.00.850.840.130.790.70.84-0.370.770.840.830.570.140.73
1.00.970.960.970.961.00.920.960.960.84-0.680.840.981.00.150.990.940.87-0.230.991.00.970.90.370.98
-0.64-0.53-0.76-0.52-0.7-0.67-0.42-0.73-0.55-0.79-0.68-0.79-0.65-0.690.12-0.65-0.45-0.750.53-0.59-0.67-0.58-0.36-0.02-0.6
0.840.710.940.750.930.840.570.940.811.00.84-0.790.850.840.130.790.70.84-0.370.770.840.830.570.140.73
0.990.960.970.970.970.980.90.970.980.850.98-0.650.850.980.120.960.940.86-0.30.980.980.980.90.470.95
0.990.970.970.960.961.00.910.960.960.841.0-0.690.840.980.10.990.930.87-0.280.991.00.970.890.380.98
0.190.170.080.210.240.180.170.140.140.130.150.120.130.120.10.110.290.240.790.160.180.260.23-0.020.1
0.980.980.930.960.930.990.940.920.950.790.99-0.650.790.960.990.110.930.84-0.220.990.990.950.910.351.0
0.960.970.860.990.910.940.960.890.960.70.94-0.450.70.940.930.290.930.8-0.070.970.940.980.980.550.93
0.880.80.880.820.910.870.720.90.830.840.87-0.750.840.860.870.240.840.8-0.210.840.870.870.710.240.81
-0.21-0.15-0.38-0.16-0.22-0.2-0.08-0.33-0.27-0.37-0.230.53-0.37-0.3-0.280.79-0.22-0.07-0.21-0.2-0.2-0.17-0.05-0.29-0.2
0.990.990.930.990.940.990.960.930.970.770.99-0.590.770.980.990.160.990.970.84-0.20.990.980.950.450.99
1.00.970.960.970.971.00.920.960.960.841.0-0.670.840.981.00.180.990.940.87-0.20.990.980.90.360.98
0.990.960.950.990.970.980.910.960.980.830.97-0.580.830.980.970.260.950.980.87-0.170.980.980.930.470.94
0.920.970.790.970.820.90.990.80.930.570.9-0.360.570.90.890.230.910.980.71-0.050.950.90.930.570.93
0.410.470.360.530.340.360.510.370.50.140.37-0.020.140.470.38-0.020.350.550.24-0.290.450.360.470.570.37
0.970.990.90.960.90.980.970.890.940.730.98-0.60.730.950.980.11.00.930.81-0.20.990.980.940.930.37
Click cells to compare fundamentals

MarineMax Account Relationship Matchups

MarineMax fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets775.3M1.0B1.4B2.4B2.8B2.9B
Short Long Term Debt Total192.1M182.6M279.6M1.1B1.3B1.3B
Other Current Liab52.1M86.6M89.4M112.7M129.7M136.1M
Total Current Liabilities272.5M251.1M412.8M847.0M974.1M1.0B
Total Stockholder Equity455.4M594.9M782.7M915.8M1.1B1.1B
Property Plant And Equipment Net179.9M280.4M342.8M666.3M766.3M804.6M
Net Debt36.6M(39.6M)51.3M892.5M1.0B1.1B
Retained Earnings277.7M432.7M630.7M739.9M850.9M893.5M
Accounts Payable37.3M25.7M34.3M71.7M82.5M86.6M
Cash155.5M222.2M228.3M201.5M231.7M243.3M
Non Current Assets Total272.0M490.3M598.8M1.3B1.5B1.6B
Non Currrent Assets Other7.8M(23.6M)(23.0M)(19.4M)(17.4M)(16.5M)
Cash And Short Term Investments155.5M222.2M228.3M201.5M231.7M243.3M
Net Receivables40.2M47.7M50.3M85.8M98.6M103.6M
Good Will84.3M201.1M235.6M559.8M643.8M676.0M
Common Stock Shares Outstanding22.1M22.9M22.4M22.4M25.8M22.2M
Liabilities And Stockholders Equity775.3M1.0B1.4B2.4B2.8B2.9B
Non Current Liabilities Total47.4M161.8M157.3M655.8M754.2M791.9M
Inventory298.0M231.0M454.4M812.8M934.8M981.5M
Other Current Assets9.6M16.7M21.1M23.1M26.6M27.9M
Other Stockholder Equity176.8M161.5M154.8M174.6M200.7M194.3M
Total Liab319.9M412.9M570.1M1.5B1.7B1.8B
Property Plant And Equipment Gross179.9M280.4M342.8M666.3M766.3M804.6M
Total Current Assets503.3M517.5M754.0M1.1B1.3B1.4B
Accumulated Other Comprehensive Income829K648K(2.8M)1.3M1.2M1.2M
Short Term Debt151.2M38.1M144.6M580.9M668.0M701.4M
Intangible Assets53K5.6M10.9M39.7M35.7M19.4M
Other Liab6.6M17.4M22.4M142.8M164.2M172.5M
Other Assets7.8M8.8M9.5M32.3M37.1M39.0M
Property Plant Equipment141.9M280.4M342.8M666.3M766.3M804.6M
Current Deferred Revenue31.8M100.7M144.4M81.7M94.0M98.7M
Treasury Stock(75.3M)(103.0M)(103.6M)(127.4M)(114.6M)(108.9M)
Net Tangible Assets371.1M393.8M536.2M316.3M363.8M341.0M
Retained Earnings Total Equity202.5M277.7M432.7M630.7M725.3M761.5M
Capital Surpluse280.4M288.9M303.4M323.2M371.7M281.8M
Deferred Long Term Liab1.1M4.5M9.3M15.4M17.7M18.6M
Short Long Term Debt144.4M27.5M134.9M570.8M656.5M689.3M

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When determining whether MarineMax offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MarineMax's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marinemax Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marinemax Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.
Note that the MarineMax information on this page should be used as a complementary analysis to other MarineMax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running MarineMax's price analysis, check to measure MarineMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MarineMax is operating at the current time. Most of MarineMax's value examination focuses on studying past and present price action to predict the probability of MarineMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MarineMax's price. Additionally, you may evaluate how the addition of MarineMax to your portfolios can decrease your overall portfolio volatility.
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Is MarineMax's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MarineMax. If investors know MarineMax will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MarineMax listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.95)
Earnings Share
4.02
Revenue Per Share
109.917
Quarterly Revenue Growth
0.038
Return On Assets
0.0496
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MarineMax's market value can be influenced by many factors that don't directly affect MarineMax's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.