Malibu Boats (MBUU) Operating Margin (2012 - 2026)
Malibu Boats (MBUU) posted Operating Margin of 3.16% for Q2 2026, up 490.94% on a QoQ basis from 0.81% in Q1 2026, and down 14.0% year-over-year from 3.68% in Q2 2025.
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Malibu Boats (MBUU) Operating Margin (2012 - 2026) Analysis & Trends
Malibu Boats has reported Operating Margin for 15 years, with the latest figure at 3.16% in Q2 2026.
- On a quarterly basis, Operating Margin fell 14.0% year-over-year to 3.16% in Q2 2026; TTM through Jun 2026 was 0.34%, a 236.0% decrease from a year earlier, with the FY2026 full-year figure at 0.34%, down 236.0% from the prior year.
- Operating Margin was 3.16% for Q2 2026 at Malibu Boats, up from 0.81% in the prior quarter.
- The five-year high for Operating Margin was 20.78% in Q1 2022, with the low at 36.82% in Q1 2024.
- Average Operating Margin over 5 years is 3.2%, with a median of 3.23% recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Margin plunged 5555 bps in 2024, then soared 4442 bps in 2025.
- Over 5 years, Operating Margin stood at 14.37% in 2022, then plunged by 52 bps to 6.97% in 2023, then plunged by 77 bps to 1.59% in 2024, then slumped by 217 bps to 1.85% in 2025, then jumped by 271 bps to 3.16% in 2026.
- The last three Operating Margin figures came in at 3.16% (Q2 2026), 0.81% (Q1 2026), and 1.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thor Industries | 3.80 Bn | 3.42 Bn | 354.77 Mn | 4.45% |
| 2 | Polaris | 3.44 Bn | 3.14 Bn | - | - |
| 3 | Harley-Davidson | 2.81 Bn | 910.88 Mn | 421.12 Mn | 6.18% |
| 4 | Brunswick | 1.59 Bn | 1.28 Bn | 437.80 Mn | 8.31% |
| 5 | Winnebago Industries | 819.43 Mn | 762.33 Mn | 94.90 Mn | 3.29% |
| 6 | Malibu Boats | 500.77 Mn | 426.35 Mn | 52.19 Mn | 3.16% |
| 7 | MasterCraft Boat Holdings | 369.84 Mn | 285.22 Mn | 19.54 Mn | -1.66% |
| 8 | Niu Technologies | 164.11 Mn | -31.02 Mn | 33.95 Mn | -7.64% |
| 9 | Massimo | 40.81 Mn | 36.17 Mn | 7.28 Mn | 11.14% |
| 10 | Gogoro | 39.10 Mn | -29.74 Mn | 15.96 Mn | -4.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.16% |
| Mar 31, 2026 | -0.81% |
| Dec 31, 2025 | -1.85% |
| Sep 30, 2025 | -0.43% |
| Jun 30, 2025 | 3.30% |
| Mar 31, 2025 | 7.60% |
| Dec 31, 2024 | 1.59% |
| Sep 30, 2024 | -3.27% |
| Jun 30, 2024 | -15.36% |
| Mar 31, 2024 | -36.82% |
| Dec 31, 2023 | 6.97% |
| Sep 30, 2023 | 11.19% |
| Jun 30, 2023 | -6.08% |
| Mar 31, 2023 | 18.73% |
| Dec 31, 2022 | 14.37% |
| Sep 30, 2022 | 16.04% |
| Jun 30, 2022 | 18.52% |
| Mar 31, 2022 | 20.78% |
| Dec 31, 2021 | 15.23% |
| Sep 30, 2021 | 14.47% |