HZO (MarineMax) EV-to-EBIT: 31.40 (As of Sep. 03, 2026) — 206% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HZO MarineMax Inc HZO
60 GF Score
Price $52.16
GF Value $26.64
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is MarineMax EV-to-EBIT?

MarineMax HZO +0.10% 60 EV-to-EBIT is 31.40 as of Sep. 03, 2026, which is 206% above its 10-year median of 10.25. GuruFocus rates HZO with a GF Score™ of 60/100 and a GF Value™ of $26.64 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 882 Retail - Cyclical companies, MarineMax ranks worse than 83.33% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MarineMax's Enterprise Value is $2,098 Mil. MarineMax's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $67 Mil. Therefore, MarineMax's EV-to-EBIT for today is 31.40.

The historical rank and industry rank for MarineMax's EV-to-EBIT or its related term are showing as below:

HZO' s EV-to-EBIT Range Over the Past 10 Years
Min: -49729.81   Med: 10.25   Max: 49.71
Current: 31.4

During the past 13 years, the highest EV-to-EBIT of MarineMax was 49.71. The lowest was -49729.81. And the median was 10.25.

HZO's EV-to-EBIT is ranked worse than
83.33% of 882 companies
in the Retail - Cyclical industry
Industry Median: 13.01 vs HZO: 31.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MarineMax's Enterprise Value for the quarter that ended in Jun. 2026 was $1,755 Mil. MarineMax's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $67 Mil. MarineMax's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.81%.


MarineMax  (NYSE:HZO) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MarineMax's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=66.821/1755.27494
=3.81 %

MarineMax's Enterprise Value for the quarter that ended in Jun. 2026 was $1,755 Mil.
MarineMax's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


MarineMax EV-to-EBIT Related Terms


MarineMax EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for MarineMax's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MarineMax EV-to-EBIT Chart

MarineMax Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 2.63 8.07 14.15 48.24

MarineMax Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.62 48.24 -45,857.03 -136.00 26.27

HZO vs WINA, ARHS, EYE: EV-to-EBIT Comparison

For the Specialty Retail subindustry, MarineMax's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MarineMax EV-to-EBIT vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarineMax's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MarineMax's EV-to-EBIT falls into.


HZO
60GF Score
MarineMax Inc HZO
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MarineMax EV-to-EBIT Calculation

MarineMax's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2098.493/66.821
=31.40

MarineMax's current Enterprise Value is $2,098 Mil.
MarineMax's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 31.40 mean?
MarineMax (HZO) has a EV-to-EBIT of 31.40 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MarineMax and its competitors. This is 206% above median its historical median of 10.25. According to the industry distribution chart, MarineMax ranks #735 out of 882 companies in the Retail - Cyclical industry, placing it in the top 83.3%.
Is MarineMax's EV-to-EBIT too high?
MarineMax's current EV-to-EBIT of 31.40 is 206% above median its 10-year median of 10.25. The Retail - Cyclical industry median EV-to-EBIT is 13.01. MarineMax's value of 31.40 is 141.4% above this industry median. Based on the distribution chart, MarineMax ranks #735 out of 882 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, MarineMax has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MarineMax's EV-to-EBIT compare to WINA and ARHS?
According to the Retail - Cyclical industry distribution chart, MarineMax ranks #735 out of 882 companies for EV-to-EBIT. This places MarineMax in the lower half of its industry. The industry median EV-to-EBIT is 13.01. MarineMax's value of 31.40 is 141.4% above this benchmark. While the company's 10-year median is 10.25 vs. the industry median of 13.01, MarineMax has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Retail - Cyclical company?
The median EV-to-EBIT among Retail - Cyclical companies is 13.01, based on 882 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MarineMax's current EV-to-EBIT of 31.40 is 141.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MarineMax and its competitors. For the Retail - Cyclical industry, the median EV-to-EBIT is 13.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarineMax's current EV-to-EBIT is 31.40, which is 206% above median its own 10-year median of 10.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarineMax stock overvalued right now?
Based on GuruFocus' analysis, MarineMax (HZO) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.64, compared to a current price of $52.16 — trading 95.8% above its estimated fair value. The current EV-to-EBIT is 31.40, which is 206% above median its 10-year median of 10.25 and 141.4% above the Retail - Cyclical industry median of 13.01. MarineMax's overall GF Score™ is 60/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For MarineMax (HZO), the current EV-to-EBIT is 31.40 as of Sep. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MarineMax (HZO) Overvalued in 2026?

Based on GuruFocus' analysis, MarineMax stock appears to be overvalued. The current stock price of $52.16 is trading 95.8% above its estimated GF Value™ of $26.64. GuruFocus considers MarineMax to be Significantly Overvalued.

Key valuation signals for HZO:

  • EV-to-EBIT: 31.40 (206% above median its 10-year median of 10.25)
  • GF Value™: $26.64 vs. price of $52.16 (95.8% above fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 141.4% above the Retail - Cyclical median (#735 of 882)

No single metric tells the full story. See the HZO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MarineMax Business Description

Other Exchanges MLW:Germany
Address 501 Brooker Creek Boulevard, Oldsmar, FL, USA, 34677
MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S and international market.
60GF Score

Get the complete analysis for HZO

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$52.16
Price
$26.64
GF Value