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MBUU (Malibu Boats) Gross Profit : $118.5 Mil (TTM As of Sep. 2024)


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What is Malibu Boats Gross Profit?

Malibu Boats's gross profit for the three months ended in Sep. 2024 was $28.2 Mil. Malibu Boats's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $118.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Malibu Boats's gross profit for the three months ended in Sep. 2024 was $28.2 Mil. Malibu Boats's Revenue for the three months ended in Sep. 2024 was $171.6 Mil. Therefore, Malibu Boats's Gross Margin % for the quarter that ended in Sep. 2024 was 16.44%.

Malibu Boats had a gross margin of 16.44% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Malibu Boats was 26.62%. The lowest was 15.91%. And the median was 25.41%.

Warning Sign:

Malibu Boats Inc gross margin has been in long-term decline. The average rate of decline per year is -3.6%.


Malibu Boats Gross Profit Historical Data

The historical data trend for Malibu Boats's Gross Profit 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.

* Premium members only.

Malibu Boats Gross Profit Chart

Malibu Boats Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.27 236.49 310.05 351.30 147.10

Malibu Boats Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit 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 56.79 37.48 40.33 12.49 28.21

Competitive Comparison of Malibu Boats's Gross Profit

For the Recreational Vehicles subindustry, Malibu Boats's Gross Profit, along with its competitors' market caps and Gross Profit 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's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Malibu Boats's Gross Profit distribution charts can be found below:

* The bar in red indicates where Malibu Boats's Gross Profit falls into.



Malibu Boats Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Malibu Boats's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=829.035 - 681.94
=147.1

Malibu Boats's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=171.58 - 143.371
=28.2

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $118.5 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Malibu Boats's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=28.2 / 171.58
=16.44 %

* 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  (NAS:MBUU) Gross Profit Explanation

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 16.44% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Malibu Boats Gross Profit Related Terms

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Malibu Boats Business Description

Traded in Other Exchanges
Address
5075 Kimberly Way, Loudon, TN, USA, 37774
Malibu Boats is a leading designer and manufacturer of power boats in the United States. It is the market leader in performance sport boats, sold under its Malibu and Axis brands. It acquired Cobalt Boats, a leading producer of sterndrive boats in the us in the 24- to 29-foot segment, in 2017 and Pursuit Boats, which makes high-end offshore and outboard motorboats, in 2018. In 2021, it purchased Maverick Boat Group, a leading seller of flat fishing boats, including bay, dual-console, and center-console boats. Malibu has also expanded into boat trailers and accessories and in 2020 began producing its own engines (Monsoon) for its performance sport boats and now for Cobalt. Malibu's target market includes a wide range of water enthusiasts who embrace the active outdoor lifestyle.
Executives
Mark W. Lanigan director, 10 percent owner 5075 KIMBERLY WAY, LOUDON TN 37774
Michael K. Hooks director, 10 percent owner 2000 AVENUE OF THE STARS, LOS ANGELES CA 90067
David Scott Black officer: Interim CFO C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Ritchie L. Anderson officer: Chief Operating Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Springer Jackie D. Jr. officer: Chief Executive Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Nancy M Taylor director TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Peter E Murphy director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Wayne R. Wilson officer: Chief Financial Officer 5075 KIMBERLY WAY, LOUDON TN 37774
Joan M Lewis director C/O MALIBU BOATS, INC., 5075 KIMBERLY WAY, LOUDON TN 37774
Deborah S. Kent officer: VP Human Resources 5075 KIMBERLY WAY, LOUDON TN 37774
Phillip S. Estes director 5075 KIMBERLY WAY, LOUDON TN 37774
St Clair William Paxson Jr director, officer: President of Cobalt Boats, LLC 2625 VERONA ROAD, MISSION HILLS KS 66208
Dan L. Gasper officer: VP of Product Design 5075 KIMBERLY WAY, LOUDON TN 37774
Black Canyon Investments, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Canyon Value Realization Master Fund, L.p. 10 percent owner 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067