MBUU · Malibu Boats, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · MBUU

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$807.56M	$829.03M	$1.39B	$1.21B	$926.51M	$653.16M
Cost of Revenue	$663.47M	$681.94M	$1.04B	$904.83M	$690.03M	$503.89M
Gross Profit	$144.09M	$147.09M	$351.30M	$310.05M	$236.49M	$149.27M
R&D	-	-	-	-	-	-
SG&A	$92.46M	$76.32M	$175.69M	$66.37M	$61.91M	$39.91M
Total Operating Expenses	-	-	-	-	-	-
D&A	$31.79M	$32.99M	$28.72M	$26.32M	$22.89M	$18.38M
Operating Income	$21.76M	($55.95M)	$144.78M	$213.82M	$149.78M	$85.31M
Interest Expense	$1.88M	$1.84M	-	-	$2.53M	$3.89M
Income Tax	$5.02M	($1.34M)	$33.58M	$46.53M	$33.98M	$19.08M
Net Income	$14.88M	($55.91M)	$104.51M	$157.63M	$109.84M	$61.56M
EPS - Basic	$0.76	($2.74)	$5.10	$7.60	$5.29	$2.98
EPS - Diluted	$0.76	($2.74)	$5.06	$7.51	$5.23	$2.95

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$37.00M	$26.95M	$78.94M	$83.74M	$41.48M	$33.79M
Accounts Receivable	$23.03M	$23.14M	$68.38M	$51.60M	$49.84M	$13.77M
Inventory	$142.16M	$145.57M	$171.19M	$157.00M	$116.69M	$72.95M
Accounts Payable	$24.42M	$19.15M	$40.40M	$44.37M	$45.99M	$15.85M
Current Assets	$219.89M	$202.13M	$326.33M	$298.50M	$212.78M	$124.45M
Total Assets	$734.58M	$739.62M	$925.92M	$851.33M	$742.78M	$477.35M
Current Liabilities	$134.61M	$138.59M	$232.44M	$139.30M	$134.40M	$70.16M
Long-term Debt	$18.00M	$0◇	$0	$118.05M	$139.03M	$82.84M
Total Liabilities	$214.75M	$204.91M	$310.17M	$337.76M	$361.63M	$215.82M
Stockholders' Equity	$515.46M	$530.01M	$607.88M	$503.17M	$373.43M	$254.58M
Retained Earnings	$484.66M	$469.79M	$525.70M	$421.18M	$263.55M	$153.71M

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$56.51M	$55.56M	$184.73M	$164.85M	$131.31M	$94.14M
Investing Cash Flow	($27.37M)	($75.84M)	($54.64M)	($61.62M)	($181.09M)	($40.39M)
Financing Cash Flow	($18.82M)	($31.70M)	($134.57M)	($60.38M)	$57.35M	($47.32M)
CapEx	$27.92M	$75.96M	$54.84M	$55.06M	$30.68M	$41.29M
Free Cash Flow	$28.59M	($20.40M)	$129.89M	$109.78M	$100.64M	$52.85M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	17.8%	17.7%	25.3%	25.5%	25.5%	22.9%
Operating margin	2.7%	-6.7%	10.4%	17.6%	16.2%	13.1%
EBITDA margin	6.6%	-2.8%	12.5%	19.8%	18.6%	15.9%
Net margin	1.8%	-6.7%	7.5%	13.0%	11.9%	9.4%
Free cash flow margin	3.5%	-2.5%	9.4%	9.0%	10.9%	8.1%
FCF / Net income	1.92	0.36	1.24	0.70	0.92	0.86
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	11.4%	9.2%	12.7%	5.5%	6.7%	6.1%
Effective tax rate	25.2%	-	24.3%	22.8%	23.6%	23.7%
Return on assets	2.0%	-7.6%	11.3%	18.5%	14.8%	12.9%
Return on equity	2.9%	-10.5%	17.2%	31.3%	29.4%	24.2%
Return on invested capital	3.0%	-8.3%	18.0%	26.6%	22.3%	19.3%
Liquidity
Current ratio	1.63	1.46	1.40	2.14	1.58	1.77
Quick ratio	0.58	0.41	0.67	1.02	0.71	0.73
Cash ratio	0.27	0.19	0.34	0.60	0.31	0.48
Leverage
Debt / Equity	0.03	0.00	0.00	0.23	0.37	0.33
Debt / Assets	0.02	0.00	0.00	0.14	0.19	0.17
Debt / EBITDA	0.34	-	0.00	0.49	0.81	0.80
Interest coverage	11.6x	-30.4x	-	-	59.2x	21.9x
Equity multiplier	1.43	1.40	1.52	1.69	1.99	1.88
Liabilities / Assets	0.29	0.28	0.33	0.40	0.49	0.45
Efficiency
Asset turnover	1.10	1.12	1.50	1.43	1.25	1.37
Inventory turnover	4.67	4.68	6.06	5.76	5.91	6.91
Days sales outstanding	10d	10d	18d	16d	20d	8d
Days inventory outstanding	78d	78d	60d	63d	62d	53d
Days payable outstanding	13d	10d	14d	18d	24d	11d
Cash conversion cycle	75d	78d	64d	61d	57d	49d
Valuation
P / E	41.2x	-	11.6x	7.0x	14.0x	17.6x
P / B	1.2x	1.4x	2.0x	2.2x	4.1x	4.3x
P / S	0.8x	0.9x	0.9x	0.9x	1.7x	1.7x
EV / EBITDA	11.2x	-	6.5x	4.7x	9.5x	10.9x
Growth
Revenue growth (YoY)	-2.6%	-40.3%	14.3%	31.1%	41.9%	-4.5%
Revenue CAGR (3y)	-12.7%	-3.6%	28.6%	21.1%	54.1%	-
Revenue CAGR (5y)	4.3%	3.9%	40.6%	-	-	-
Gross profit growth (YoY)	-2.0%	-58.1%	13.3%	31.1%	58.4%	-10.2%
Operating income growth (YoY)	-	-	-32.3%	42.8%	75.6%	-13.0%
Net income growth (YoY)	-	-	-33.7%	43.5%	78.4%	-6.8%
EPS growth (YoY)	-	-	-32.6%	43.6%	77.3%	-6.3%
EPS CAGR (3y)	-53.4%	-	19.7%	33.6%	56.7%	23.1%
EPS CAGR (5y)	-23.8%	-	30.1%	36.6%	39.2%	26.0%
FCF growth (YoY)	-	-	18.3%	9.1%	90.4%	-16.9%
FCF CAGR (5y)	-11.6%	-	22.0%	32.8%	27.9%	49.0%
Book value growth (YoY)	-2.7%	-12.8%	20.8%	34.7%	46.7%	24.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-06-30.

Business segments

$807.56M total

Malibu$312.70M · 38.7%

Saltwater Fishing$279.63M · 34.6%

Cobalt$215.23M · 26.7%

Product / service

$312.70M total

Boat And Trailer Sales$296.98M · 95.0%

Part And Other Sales$15.72M · 5.0%

Geographic

$312.70M total

North America$285.82M · 91.4%

International$26.88M · 8.6%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.84

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

7/9

Strong

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✓Current ratio improved
✓No share dilution
✓Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Ship & Boat Building & Repairing

Company	Revenue (last FY)	Net margin	ROE
HII	$12.48B	4.8%	11.9%
GD	$52.55B	8.0%	16.4%
MPX	-	-	9.1%
MCFT	$284.20M	2.5%	3.8%
VEEE	$14.82M	-58.1%	-63.9%

Comparing MALIBU BOATS against the 5 most active filers in the same SIC group.

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.