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OneWater MarineONEW -1.21%61 Interest Coverage is 1.12 as of Mar. 2026, which is 71% below its 10-year median of 3.90. GuruFocus rates ONEW with a GF Score™ of 61/100 and a GF Value™ of $18.59 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 837 Retail - Cyclical companies, OneWater Marine ranks worse than 91.28% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. OneWater Marine's
Operating Income
for the
three
months ended in Mar. 2026 was $16 Mil. OneWater Marine's Interest Expense for the
three
months ended in Mar. 2026 was $-14 Mil.
OneWater Marine's interest coverage for the quarter that ended in Mar. 2026 was 1.12.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for OneWater Marine's Interest Coverage or its related term are showing as below:
ONEW'
s Interest Coverage Range Over the Past 10 Years
Min: 0.96 Med: 3.9 Max: 22.14
Current: 1.18
ONEW's Interest Coverage is ranked worse than 91.28% of 837
companies
in the Retail - Cyclical industry
Industry Median: 7.45
vs ONEW: 1.18
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
OneWater Marine Interest Coverage Related Terms
OneWater Marine Interest Coverage Historical Data
* Premium members only.
The historical data trend for OneWater Marine's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
ONEW vs EVGO, FLWS, HTLM: Interest Coverage Comparison
For the Specialty Retail subindustry, OneWater Marine's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
OneWater Marine Interest Coverage vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, OneWater Marine's Interest Coverage distribution charts can be found below:
* The bar in red indicates where OneWater Marine's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
OneWater Marine (ONEW) has a Interest Coverage of 1.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OneWater Marine and its competitors. This is 71% below median its historical median of 3.90. Over the past decade, OneWater Marine's Interest Coverage has ranged from 0.96 to 22.14. According to the industry distribution chart, OneWater Marine ranks #764 out of 837 companies in the Retail - Cyclical industry, placing it in the top 91.3%.
Is OneWater Marine's Interest Coverage too high?
OneWater Marine's current Interest Coverage of 1.12 is 71% below median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 22.14. The Retail - Cyclical industry median Interest Coverage is 7.45. OneWater Marine's value of 1.12 is 85% below this industry median. Based on the distribution chart, OneWater Marine ranks #764 out of 837 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, OneWater Marine has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OneWater Marine's Interest Coverage compare to EVGO and FLWS?
According to the Retail - Cyclical industry distribution chart, OneWater Marine ranks #764 out of 837 companies for Interest Coverage. This places OneWater Marine in the lower half of its industry. The industry median Interest Coverage is 7.45. OneWater Marine's value of 1.12 is 85% below this benchmark. Historically, OneWater Marine's own Interest Coverage has ranged from 0.96 to 22.14 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 7.45, OneWater Marine 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 Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 837 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OneWater Marine's current Interest Coverage of 1.12 is 85% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OneWater Marine and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneWater Marine's current Interest Coverage is 1.12, which is 71% below median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneWater Marine stock overvalued right now?
Based on GuruFocus' analysis, OneWater Marine (ONEW) is currently considered Possible Value Trap. The stock's GF Value™ is $18.59, compared to a current price of $12.25 — trading 34.1% below its estimated fair value. The current Interest Coverage is 1.12, which is 71% below median its 10-year median of 3.90 and 85% below the Retail - Cyclical industry median of 7.45. OneWater Marine's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For OneWater Marine (ONEW), the current Interest Coverage is 1.12 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 OneWater Marine (ONEW) Overvalued in 2026?
Based on GuruFocus' analysis, OneWater Marine stock appears to be undervalued.
The current stock price of $12.25 is trading 34.1% below its estimated GF Value™ of $18.59.
GuruFocus considers OneWater Marine to be Possible Value Trap.
Key valuation signals for ONEW:
Interest Coverage: 1.12 (71% below median its 10-year median of 3.90)
GF Value™: $18.59 vs. price of $12.25 (34.1% below fair value)
Industry Position: 85% below the Retail - Cyclical median (#764 of 837)
No single metric tells the full story. See the ONEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segments: Dealership and Distribution. The Dealership segment is involved in selling new and pre-owned boats. It also arranges financing and insurance products, provides repairs and maintenance services, offers marine-related parts and accessories, and supplies slip and storage accommodations at certain locations. The Distribution segment focuses on the manufacturing, assembly, and distribution of marine-related products. These products are supplied to distributors, box retailers, and online retailers through a network of warehouses and distribution centers. The company generates the majority of its revenue from the Dealership segment.
61GF Score
Get the complete analysis for ONEW
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