MCFT · Mastercraft Boat Holdings, 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.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $284.20M | $366.59M | $662.05M | $707.86M | $525.81M | $363.07M |
| Cost of Revenue | $227.34M | $299.49M | $492.33M | $545.50M | $395.84M | $287.72M |
| Gross Profit | $56.87M | $67.10M | $169.71M | $162.36M | $129.97M | $75.36M |
| R&D | $6.50M | $8.60M | $8.30M | $8.20M | $6.80M | $5.20M |
| SG&A | $32.09M | $34.40M | $37.03M | $40.96M | $37.05M | $25.56M |
| Total Operating Expenses | $45.63M | $59.47M | $52.80M | $84.50M | $54.02M | $101.92M |
| D&A | $9.58M | $11.18M | $10.57M | $13.61M | $11.63M | $10.53M |
| Operating Income | $11.23M | $7.63M | $116.92M | $77.86M | $75.95M | ($26.57M) |
| Interest Expense | $1.17M | $3.29M | $2.68M | $1.47M | $3.39M | $5.04M |
| Income Tax | $2.82M | $1.41M | $27.14M | $18.17M | $15.66M | ($7.57M) |
| Net Income | $7.04M | $7.80M | $68.94M | $58.21M | $56.17M | ($24.05M) |
| EPS - Basic | $0.43 | $0.46 | $3.91 | $3.15 | $2.99 | ($1.28) |
| EPS - Diluted | $0.43 | $0.46 | $3.88 | $3.12 | $2.96 | ($1.28) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $28.93M | $7.39M | $19.82M | $34.20M | $39.25M | $16.32M |
| Accounts Receivable | $4.09M | $15.38M | $15.74M | $25.60M | $12.08M | $6.14M |
| Inventory | $30.47M | $44.27M | $58.30M | $78.64M | $53.48M | $25.64M |
| Accounts Payable | $8.26M | $12.18M | $20.39M | $28.05M | $23.86M | $10.51M |
| Current Assets | $121.21M | $155.07M | $195.50M | $146.11M | $110.23M | $56.74M |
| Total Assets | $259.95M | $317.98M | $353.98M | $297.05M | $276.46M | $207.92M |
| Current Liabilities | $65.21M | $77.94M | $102.54M | $93.17M | $74.29M | $55.43M |
| Long-term Debt | $0 | $44.89M | $49.30M | $53.68M | $90.28M | $99.67M |
| Total Liabilities | $76.36M | $134.10M | $161.89M | $153.40M | $168.67M | $159.05M |
| Stockholders' Equity | $183.39M | $183.68M | $191.97M | $143.65M | $107.79M | $48.87M |
| Retained Earnings | $130.66M | $123.62M | $115.82M | $46.88M | ($11.33M) | ($67.50M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $35.59M | $12.50M | $134.20M | $73.31M | $68.54M | $30.20M |
| Investing Cash Flow | $46.04M | ($1.78M) | ($121.43M) | ($15.82M) | ($27.83M) | ($14.22M) |
| Financing Cash Flow | ($60.10M) | ($23.14M) | ($27.15M) | ($62.54M) | ($17.77M) | ($5.49M) |
| CapEx | $9.20M | $16.36M | $30.32M | $15.82M | $27.86M | $14.24M |
| Free Cash Flow | $26.39M | ($3.86M) | $103.87M | $57.49M | $40.68M | $15.96M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 20.0% | 18.3% | 25.6% | 22.9% | 24.7% | 20.8% |
| Operating margin | 4.0% | 2.1% | 17.7% | 11.0% | 14.4% | -7.3% |
| EBITDA margin | 7.3% | 5.1% | 19.3% | 12.9% | 16.7% | -4.4% |
| Net margin | 2.5% | 2.1% | 10.4% | 8.2% | 10.7% | -6.6% |
| Free cash flow margin | 9.3% | -1.1% | 15.7% | 8.1% | 7.7% | 4.4% |
| FCF / Net income | 3.75 | -0.50 | 1.51 | 0.99 | 0.72 | -0.66 |
| R&D / Revenue | 2.3% | 2.3% | 1.3% | 1.2% | 1.3% | 1.4% |
| SG&A / Revenue | 11.3% | 9.4% | 5.6% | 5.8% | 7.0% | 7.0% |
| Effective tax rate | 28.6% | 15.3% | 28.2% | 23.8% | 21.8% | - |
| Return on assets | 2.7% | 2.5% | 19.5% | 19.6% | 20.3% | -11.6% |
| Return on equity | 3.8% | 4.2% | 35.9% | 40.5% | 52.1% | -49.2% |
| Return on invested capital | 4.4% | 2.8% | 34.8% | 30.1% | 30.0% | -14.1% |
| Liquidity | ||||||
| Current ratio | 1.86 | 1.99 | 1.91 | 1.57 | 1.48 | 1.02 |
| Quick ratio | 1.39 | 1.42 | 1.34 | 0.72 | 0.76 | 0.56 |
| Cash ratio | 0.44 | 0.09 | 0.19 | 0.37 | 0.53 | 0.29 |
| Leverage | ||||||
| Debt / Equity | 0.00 | 0.24 | 0.26 | 0.37 | 0.84 | 2.04 |
| Debt / Assets | 0.00 | 0.14 | 0.14 | 0.18 | 0.33 | 0.48 |
| Debt / EBITDA | 0.00 | 2.39 | 0.39 | 0.59 | 1.03 | - |
| Interest coverage | 9.6x | 2.3x | 43.6x | 52.9x | 22.4x | -5.3x |
| Equity multiplier | 1.42 | 1.73 | 1.84 | 2.07 | 2.56 | 4.25 |
| Liabilities / Assets | 0.29 | 0.42 | 0.46 | 0.52 | 0.61 | 0.76 |
| Efficiency | ||||||
| Asset turnover | 1.09 | 1.15 | 1.87 | 2.38 | 1.90 | 1.75 |
| Inventory turnover | 7.46 | 6.77 | 8.45 | 6.94 | 7.40 | 11.22 |
| Days sales outstanding | 5d | 15d | 9d | 13d | 8d | 6d |
| Days inventory outstanding | 49d | 54d | 43d | 53d | 49d | 33d |
| Days payable outstanding | 13d | 15d | 15d | 19d | 22d | 13d |
| Cash conversion cycle | 41d | 54d | 37d | 47d | 36d | 25d |
| Valuation | ||||||
| P / E | 43.2x | 41.0x | 7.9x | 6.7x | 8.9x | - |
| P / B | 1.7x | 1.8x | 2.8x | 2.7x | 4.6x | 7.3x |
| P / S | 1.1x | 0.9x | 0.8x | 0.6x | 0.9x | 1.0x |
| EV / EBITDA | 13.4x | 19.1x | 4.5x | 4.5x | 6.3x | - |
| Growth | ||||||
| Revenue growth (YoY) | -22.5% | -44.6% | -6.5% | 34.6% | 44.8% | 58.8% |
| Revenue CAGR (3y) | -26.2% | -11.3% | 22.2% | 45.7% | 16.5% | 16.7% |
| Revenue CAGR (5y) | -4.8% | 9.9% | 14.8% | 25.4% | 18.9% | - |
| Gross profit growth (YoY) | -15.2% | -60.5% | 4.5% | 24.9% | 72.5% | -33.4% |
| Operating income growth (YoY) | 47.2% | -93.5% | 50.2% | 2.5% | - | - |
| Net income growth (YoY) | -9.7% | -88.7% | 18.4% | 3.6% | - | - |
| EPS growth (YoY) | -6.5% | -88.1% | 24.4% | 5.4% | - | - |
| EPS CAGR (3y) | -48.3% | -46.2% | - | 39.9% | 11.8% | - |
| EPS CAGR (5y) | - | -16.6% | 12.8% | 24.3% | 39.5% | - |
| FCF growth (YoY) | - | - | 80.7% | 41.3% | 154.9% | -61.8% |
| FCF CAGR (5y) | 10.6% | - | 18.7% | 16.7% | 8.6% | - |
| Book value growth (YoY) | -0.2% | -4.3% | 33.6% | 33.3% | 120.6% | -32.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$284.20M totalMastercraft Segment$240.76M · 84.7%
Pontoon$43.44M · 15.3%
Product / service
$240.76M totalBoats And Trailers$226.02M · 93.9%
Parts$11.70M · 4.9%
Other Product$3.04M · 1.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.81
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
Comparing MasterCraft Boat Holdings against the 5 most active filers in the same SIC group.
Dividends
$0.00/share trailing 12 months
| Ex-date | Per share |
|---|---|
| Jun 13, 2016 | $4.3000 |