OneWater Marine (ONEW) Operating Margin (2018 - 2026)
OneWater Marine (ONEW) posted Operating Margin of 1.73% for Q1 2026, up 227.0% sequentially from 1.36% in Q4 2025, and down 164.0% YoY from 2.7% in Q1 2025.
OneWater Marine (ONEW) Operating Margin (2018 - 2026) Analysis & Trends
OneWater Marine (ONEW) has 9 years of Operating Margin data on file, last reported at 1.73% in Q1 2026.
- Quarterly Operating Margin fell 164.0% year-over-year to 1.73% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.3% (down 860.0% YoY) and the FY2025 annual result came in at 4.56%, down 822.0% from the prior year.
- Operating Margin rose to 1.73% in Q1 2026 per ONEW's latest filing, from 1.36% in the prior quarter.
- The five-year high for Operating Margin was 15.39% in Q2 2022, with the low at 28.28% in Q3 2025.
- Average Operating Margin over 5 years is 1.94%, with a median of 3.37% recorded in 2025.
- Year-over-year, Operating Margin slumped 3600 bps in 2023 and soared 2723 bps in 2024.
- OneWater Marine's Operating Margin stood at 7.24% in 2022, then sank by 75 bps to 1.78% in 2023, then plunged by 130 bps to 0.52% in 2024, then plunged by 159 bps to 1.36% in 2025, then soared by 227 bps to 1.73% in 2026.
- Business Quant data shows ONEW's Operating Margin at 1.73% in Q1 2026, 1.36% in Q4 2025, and 28.28% in Q3 2025.
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 | OneWater Marine | 183.42 Mn | 140.64 Mn | 105.53 Mn | 1.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.73% |
| Dec 31, 2025 | -1.36% |
| Sep 30, 2025 | -28.28% |
| Jun 30, 2025 | 5.49% |
| Mar 31, 2025 | 3.37% |
| Dec 31, 2024 | -0.52% |
| Sep 30, 2024 | 1.19% |
| Jun 30, 2024 | 7.37% |
| Mar 31, 2024 | 2.84% |
| Dec 31, 2023 | 1.78% |
| Sep 30, 2023 | -26.04% |
| Jun 30, 2023 | 10.11% |
| Mar 31, 2023 | 9.32% |
| Dec 31, 2022 | 7.24% |
| Sep 30, 2022 | 9.95% |
| Jun 30, 2022 | 15.39% |
| Mar 31, 2022 | 13.43% |
| Dec 31, 2021 | 9.32% |
| Sep 30, 2021 | 10.42% |
| Jun 30, 2021 | 16.07% |