Marinemax (HZO) FY2022 results: revenue $2.3 billion, up 11.9% on the year
Marinemax Inc. (HZO) reported revenue of $2.3 billion for fiscal 2022, the year ended 30 September 2022, up 11.9% on the year before. Net income was $198 million, up 27.8%, and diluted earnings per share $8.84. The figures are the company's own, from the 10-K it filed with the SEC on 18 November 2022.
Revenue
$2.3 billion
+11.9% on the year
FY2015FY2022
Operating margin
11.5%
10.2% a year earlier
FY2015FY2022
Net income
$198 million
+27.8% on the year
FY2015FY2022
Diluted EPS
$8.84
+30.4% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
76.6
374
305
-79.5%
Capital expenditure
58.5
26.1
12.8
+123.8%
Free cash flow
18.1
348
292
-94.8%
Free cash flow margin
0.8%
16.9%
19.3%
Cash from investing
-140
-161
-30.1
Cash from financing
73.1
-146
-158
Depreciation and amortisation
19.4
15.6
12.8
+24.4%
Share-based compensation
16.0
9.7
7.5
+64.3%
Diluted shares, weighted
22m
23m
22m
-2.0%
Shares outstanding at period end
22m
22m
22m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
783
595
455
+31.6%
Non-controlling interest
0.0
n/a
n/a
Debt
180
75.0
152
+140.2%
Operating lease liabilities
89.7
97.0
33.5
-7.5%
Other liabilities
300
241
134
+24.6%
Total liabilities and equity
1,353
1,008
775
+34.2%
Fixed assets
246
175
142
+40.2%
Goodwill
236
196
84.2
+20.5%
Intangible assets
10.9
5.6
n/a
+95.8%
Cash and equivalents
228
222
155
+2.7%
Receivables
50.3
47.7
40.2
+5.5%
Inventory
454
231
298
+96.7%
Other assets
127
130
55.5
-2.3%
Total assets
1,353
1,008
775
+34.2%
10-K for the year ended 30 September 2022, filed 18 November 2022: the filing.