Malibu BoatsMBUU +3.60%77 Gross Margin % is 17.51% as of Mar. 2026, which is 29% below its 10-year median of 24.81. GuruFocus rates MBUU with a GF Score™ of 77/100 and a GF Value™ of $36.09 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Malibu Boats ranks worse than 67.25% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Malibu Boats had a gross margin of 17.51% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Malibu Boats Gross Margin % Related Terms
Malibu Boats Gross Margin % Historical Data
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The historical data trend for Malibu Boats's Gross Margin % 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.
MBUU vs MCFT, WGO, KNDI: Gross Margin % Comparison
For the Recreational Vehicles subindustry, Malibu Boats's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.
Malibu Boats Gross Margin % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Malibu Boats's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Malibu Boats (MBUU) has a Gross Margin % of 17.51% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Malibu Boats and its competitors. This is 29% below median its historical median of 24.81. Over the past decade, Malibu Boats' Gross Margin % has ranged from 15.38 to 26.62. According to the industry distribution chart, Malibu Boats ranks #883 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 67.3%.
Is Malibu Boats' Gross Margin % too high?
Malibu Boats' current Gross Margin % of 17.51% is 29% below median its 10-year median of 24.81. Over the past 10 years, this metric has ranged from a low of 15.38 to a high of 26.62. The Vehicles & Parts industry median Gross Margin % is 19.84. Malibu Boats' value of 17.51% is 11.7% below this industry median. Based on the distribution chart, Malibu Boats ranks #883 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Malibu Boats has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malibu Boats' Gross Margin % compare to MCFT and WGO?
According to the Vehicles & Parts industry distribution chart, Malibu Boats ranks #883 out of 1313 companies for Gross Margin %. This places Malibu Boats in the lower half of its industry. The industry median Gross Margin % is 19.84. Malibu Boats' value of 17.51% is 11.7% below this benchmark. Historically, Malibu Boats' own Gross Margin % has ranged from 15.38 to 26.62 over the past decade. While the company's 10-year median is 24.81 vs. the industry median of 19.84, Malibu Boats has consistently been below 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 Gross Margin % for a Vehicles & Parts company?
The median Gross Margin % among Vehicles & Parts companies is 19.84, based on 1,313 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Malibu Boats's current Gross Margin % of 17.51% is 11.7% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Malibu Boats and its competitors. For the Vehicles & Parts industry, the median Gross Margin % is 19.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malibu Boats's current Gross Margin % is 17.51%, which is 29% below median its own 10-year median of 24.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malibu Boats stock overvalued right now?
Based on GuruFocus' analysis, Malibu Boats (MBUU) is currently considered Modestly Undervalued. The stock's GF Value™ is $36.09, compared to a current price of $28.38 — trading 21.4% below its estimated fair value. The current Gross Margin % is 17.51%, which is 29% below median its 10-year median of 24.81 and 11.7% below the Vehicles & Parts industry median of 19.84. Malibu Boats' overall GF Score™ is 77/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Malibu Boats (MBUU), the current Gross Margin % is 17.51% as of Mar. 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 Malibu Boats (MBUU) Overvalued in 2026?
Based on GuruFocus' analysis, Malibu Boats stock appears to be undervalued.
The current stock price of $28.38 is trading 21.4% below its estimated GF Value™ of $36.09.
GuruFocus considers Malibu Boats to be Modestly Undervalued.
Key valuation signals for MBUU:
Gross Margin %: 17.51% (29% below median its 10-year median of 24.81)
GF Value™: $36.09 vs. price of $28.38 (21.4% below fair value)
Industry Position: 11.7% below the Vehicles & Parts median (#883 of 1313)
No single metric tells the full story. See the MBUU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Malibu Boats is a designer and manufacturer of power boats in the United States. It is a market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a producer of sterndrive boats, in 2017, and Pursuit Boats, which makes high-end offshore and outboard motorboats, in 2018. In 2021, it purchased Maverick Boat Group, a seller of flat fishing boats, with exposure to bay, dual console, and center console boats. Most recently, in 2026, it tied up with Saxdor Yachts, focused on adventure dayboats. Malibu has also expanded into boat trailers and accessories, and in 2020, began producing its own engines for its performance sport boats.
77GF Score
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