Marinemax (HZO) Operating Margin (2010 - 2026)
Marinemax (HZO) posted quarterly Operating Margin of 2.05% for Q1 2026, down 155.0% YoY from 3.74% in Q1 2025, and up 111.0% sequentially from 0.97% in Q4 2025.
Marinemax (HZO) Operating Margin (2010 - 2026) Analysis & Trends
Marinemax has disclosed Operating Margin across 17 years of filings, most recently posting 2.05% for Q1 2026.
- In Q1 2026, Operating Margin fell 155.0% year-over-year to 2.05%; the TTM figure through Mar 2026 stood at 0.53% (down 671.0% YoY), while the FY2025 annual figure was 1.47%, down 380.0% from the prior year.
- Operating Margin advanced to 2.05% in Q1 2026, from 0.97% in the prior quarter.
- Over the last five years, Operating Margin for HZO reached as high as 13.84% in Q2 2022 and fell as low as 6.32% in Q2 2025.
- The 5-year median for Operating Margin is 5.77% (2023), against an average of 5.84%.
- Annual changes were most pronounced in 2024 — Operating Margin jumped 472 bps — and 2025, when it tumbled 1438 bps.
- A 5-year view of Operating Margin shows it stood at 7.19% in 2022, then slumped by 50 bps to 3.6% in 2023, then surged by 131 bps to 8.32% in 2024, then sank by 88 bps to 0.97% in 2025, then surged by 111 bps to 2.05% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 2.05%, 0.97%, and 2.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 7.66% |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 20.27% |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 2.96% |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 6.50% |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 4.14% |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 4.26% |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 17.99% |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 59.29% |
| 10 | Marinemax | 1.11 Mn | -176.82 Mn | 181.29 Mn | 2.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.05% |
| Dec 31, 2025 | 0.97% |
| Sep 30, 2025 | 2.51% |
| Jun 30, 2025 | -6.32% |
| Mar 31, 2025 | 3.60% |
| Dec 31, 2024 | 8.32% |
| Sep 30, 2024 | 4.76% |
| Jun 30, 2024 | 8.05% |
| Mar 31, 2024 | 3.67% |
| Dec 31, 2023 | 3.60% |
| Sep 30, 2023 | 5.77% |
| Jun 30, 2023 | 10.33% |
| Mar 31, 2023 | 9.71% |
| Dec 31, 2022 | 7.19% |
| Sep 30, 2022 | 9.49% |
| Jun 30, 2022 | 13.84% |
| Mar 31, 2022 | 11.77% |
| Dec 31, 2021 | 9.99% |
| Sep 30, 2021 | 9.45% |
| Mar 31, 2021 | 10.11% |