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MarineMax (MarineMax) 3-Year RORE % : -16.80% (As of Dec. 2023)


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What is MarineMax 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. MarineMax's 3-Year RORE % for the quarter that ended in Dec. 2023 was -16.80%.

The industry rank for MarineMax's 3-Year RORE % or its related term are showing as below:

HZO's 3-Year RORE % is ranked worse than
67.02% of 1037 companies
in the Retail - Cyclical industry
Industry Median: 2.97 vs HZO: -16.80

MarineMax 3-Year RORE % Historical Data

The historical data trend for MarineMax's 3-Year RORE % 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.

MarineMax 3-Year RORE % Chart

MarineMax Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.79 24.66 44.24 29.03 -9.16

MarineMax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
3-Year RORE % 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 8.26 -2.38 -9.16 -16.80 -

Competitive Comparison of MarineMax's 3-Year RORE %

For the Specialty Retail subindustry, MarineMax's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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's 3-Year RORE % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MarineMax's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where MarineMax's 3-Year RORE % falls into.



MarineMax 3-Year RORE % Calculation

MarineMax's 3-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.76-8 )/( 17.9-0 )
=-5.24/17.9
=-29.27 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 3-year before.


MarineMax  (NYSE:HZO) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


MarineMax 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of MarineMax's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


MarineMax (MarineMax) Business Description

Traded in Other Exchanges
Address
2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759
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.
Executives
Clint Moore director 2600 MCCORMICK DRIVE, SUITE 200`, CLEARWATER FL 33759
Charles A Cashman officer: Vice President East Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Rebecca White director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Cassella Anthony E. Jr. officer: Chief Accounting Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Kyle Langbehn officer: EVP, President of Retail 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Shawn Berg officer: EVP, Chief Digital Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Mercedes Romero director 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Hilliard M Eure director 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Joseph Allen Watters director 1100 GLENDON AVENUE, SUITE PH-8, LOS ANGELES CA 90024
Michael H Mclamb director, officer: Executive VP, CFO and Sec C/O MARINEMAX INC, 18167 U SHIGHWAY NORTH SUITE 499, CLEARWATER FL 33764
Adam M. Johnson director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
William B Mcgill officer: Vice President West Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Mcgill William H Jr director, officer: President, Chairman and CEO C/O MARINEMAX INC, 18167 US HIGHWAY 18 N, CLEARWATER FL 33764
George E Borst director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Charles R Oglesby director C/O NALLEY AUTOMOTIVE - SUGARLOAF PARK, 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097

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