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OneWater Marine (OneWater Marine) Operating Margin % : 2.09% (As of Dec. 2023)


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What is OneWater Marine Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. OneWater Marine's Operating Income for the three months ended in Dec. 2023 was $8 Mil. OneWater Marine's Revenue for the three months ended in Dec. 2023 was $364 Mil. Therefore, OneWater Marine's Operating Margin % for the quarter that ended in Dec. 2023 was 2.09%.

Good Sign:

OneWater Marine Inc operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for OneWater Marine's Operating Margin % or its related term are showing as below:

ONEW' s Operating Margin % Range Over the Past 10 Years
Min: 4.93   Med: 8.56   Max: 13.52
Current: 7.6


ONEW's Operating Margin % is ranked better than
69.97% of 1109 companies
in the Retail - Cyclical industry
Industry Median: 3.5 vs ONEW: 7.60

OneWater Marine's 5-Year Average Operating Margin % Growth Rate was 9.30% per year.

OneWater Marine's Operating Income for the three months ended in Dec. 2023 was $8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $147 Mil.


OneWater Marine Operating Margin % Historical Data

The historical data trend for OneWater Marine's Operating 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.

* Premium members only.

OneWater Marine Operating Margin % Chart

OneWater Marine Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Operating Margin %
Get a 7-Day Free Trial 6.90 8.67 12.46 13.52 8.56

OneWater Marine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % 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 7.22 9.70 10.20 6.16 2.09

Competitive Comparison of OneWater Marine's Operating Margin %

For the Specialty Retail subindustry, OneWater Marine's Operating Margin %, along with its competitors' market caps and Operating 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.


OneWater Marine's Operating Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OneWater Marine's Operating Margin % distribution charts can be found below:

* The bar in red indicates where OneWater Marine's Operating Margin % falls into.



OneWater Marine Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

OneWater Marine's Operating Margin % for the fiscal year that ended in Sep. 2023 is calculated as

Operating Margin %=Operating Income (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=165.704 / 1936.31
=8.56 %

OneWater Marine's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.622 / 364.013
=2.09 %

* 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  (NAS:ONEW) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


OneWater Marine Operating Margin % Related Terms

Thank you for viewing the detailed overview of OneWater Marine's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


OneWater Marine (OneWater Marine) Business Description

Traded in Other Exchanges
N/A
Address
6275 Lanier Islands Parkway, Buford, GA, USA, 30518
OneWater Marine Inc is a recreational marine retailer in the United States. The company operates in two segment- Dealerships and Distribution. Its dealer groups are located throughout the Southeast, Gulf Coast, Mid-Atlantic, and Northeast. The company's revenue profile is comprised of new boat sales, pre-owned boat sales, finance and insurance products, repair and maintenance services, and parts and accessories. Majority of revenue is generated from sale of new boats.
Executives
Singleton Philip Austin Jr. director, officer: CEO and Director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
John Schraudenbach director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jeffrey B. Lamkin director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Anthony M Aisquith officer: President and COO C/O ONE WATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Carmen Bauza director 2400 WEST CENTRAL ROAD, HOFFMAN ESTATES IL 60192
J Steven Roy director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Mitchell W Legler director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
John Troiano director 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Jack P Ezzell officer: Chief Financial Officer C/O ONEWATER MARINE INC., 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Keith Style director C/O ASBURY AUTOMOTIVE GROUP, INC., 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097
Michelle Singleton other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Owmh, Lllp Auburn other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Austin Singleton Irrevocable Trust, Dated December 30, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518
Philip Singleton Irrevocable Trust, Dated December 24, 2015 other: Member of 10% Ownership Group 6275 LANIER ISLANDS PARKWAY, BUFORD GA 30518