ONEW - OneWater Marine Inc.
Price:
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--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$14.00
DETAILS
HIGH:
$15.00
LOW:
$13.00
MEDIAN:
$14.00
CONSENSUS:
$14.00
UPSIDE:
29.63%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| Revenue | 1,872.3 | 1,772.6 | 1,936.3 | 1,744.8 | 1,228.2 | 1,023.0 | 767.6 | 602.8 | 391.5 |
| Cost of Revenue | 1,466.9 | 1,337.6 | 1,401.2 | 1,191.2 | 870.8 | 787.4 | 595.5 | 465.2 | 305.8 |
| Gross Profit | 405.4 | 435.1 | 535.1 | 553.7 | 357.5 | 235.5 | 172.1 | 137.7 | 85.7 |
| Operating Expenses | |||||||||
| R&D Expenses | 0 | 0 | 2.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 343.3 | 332.7 | 345.5 | 302.1 | 199.0 | 143.6 | 116.5 | 91.3 | 65.4 |
| Other Expenses | 0 | 37.6 | 169.4 | 33.7 | 9.5 | 13.7 | 2.7 | 0.3 | (0.2) |
| Operating Expenses | 343.3 | 370.2 | 517.1 | 335.8 | 208.6 | 157.2 | 119.2 | 93.0 | 66.4 |
| Operating Income | |||||||||
| Operating Income | 62.1 | 64.8 | 18.1 | 217.8 | 148.9 | 78.3 | 54.6 | 44.7 | 19.3 |
| Interest Expense | 28.5 | 71.1 | 59.6 | 17.8 | 6.9 | 17.7 | 16.0 | 9.4 | 5.0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||
| EBITDA | (101.4) | 87.0 | 43.9 | 252.1 | 158.4 | 75.8 | 55.6 | 13.0 | 1.7 |
| EBIT | (123.1) | 64.8 | 17.1 | 235.9 | 153.0 | 72.5 | 52.9 | 11.3 | 0.7 |
| Income Before Tax | (151.5) | (6.3) | (42.5) | 195.8 | 142.2 | 54.8 | 37.3 | 1.9 | (4.3) |
| Income Tax Expense | (35.3) | (0.2) | (3.4) | 43.2 | 25.8 | 6.3 | 16.2 | (33.4) | 0 |
| Net Income | (114.6) | (5.7) | (38.6) | 130.9 | 79.1 | 17.4 | 21.1 | 1.1 | (4.3) |
| Per Share Data | |||||||||
| EPS (Basic) | -7.22 | -0.39 | -2.69 | 9.44 | 7.13 | 7.77 | 3.47 | 0.21 | -0.79 |
| EPS (Diluted) | -7.22 | -0.39 | -2.69 | 9.13 | 6.96 | 7.72 | 3.47 | 0.21 | -0.79 |
| Shares Outstanding | 15.9 | 14.6 | 14.3 | 13.9 | 11.1 | 6.2 | 6.1 | 5.4 | 5.4 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||
| Cash & Cash Equivalents | 52.2 | 16.8 | 84.6 | 42.1 | 62.6 | 66.1 | 11.1 | 15.3 | 9.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 60.9 | 77.5 | 117.6 | 58.0 | 28.5 | 18.5 | 15.3 | 10.9 | 5.8 |
| Inventory | 539.8 | 590.8 | 609.6 | 373.0 | 143.9 | 150.1 | 277.3 | 184.4 | 115.3 |
| Other Current Assets | 12.7 | 8.9 | 8.7 | 18.9 | 11.3 | 2.1 | 3.0 | 0.4 | 0.0 |
| Total Current Assets | 719.2 | 777.4 | 881.9 | 566.9 | 280.9 | 252.1 | 314.1 | 212.5 | 132.1 |
| Non-Current Assets | |||||||||
| Property, Plant & Equipment | 220.6 | 232.1 | 217.2 | 233.7 | 156.3 | 18.4 | 16.0 | 18.6 | 9.4 |
| Goodwill | 259.0 | 336.6 | 336.6 | 378.6 | 168.5 | 113.1 | 113.1 | 96.2 | 81.9 |
| Intangible Assets | 130.2 | 205.4 | 212.3 | 306.5 | 85.3 | 61.3 | 61.3 | 47.7 | 34.7 |
| Long-Term Investments | 0.1 | 0.1 | 0.3 | 0.8 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.2 | 1.2 | 5.7 | 2.6 | 0.5 | 0.3 | 0.3 | 0.3 | 0.3 |
| Total Non-Current Assets | 684.6 | 812.6 | 807.3 | 930.5 | 439.7 | 206.0 | 190.7 | 162.8 | 126.3 |
| Total Assets | 1,403.8 | 1,590.0 | 1,689.2 | 1,497.4 | 720.6 | 458.1 | 504.8 | 375.4 | 258.3 |
| Current Liabilities | |||||||||
| Account Payables | 43.8 | 32.1 | 27.1 | 27.3 | 18.1 | 12.8 | 5.5 | 6.3 | 5.8 |
| Short-Term Debt | 497.6 | 451.3 | 518.3 | 288.8 | 126.1 | 131.5 | 236.5 | 159.4 | 99.9 |
| Deferred Revenue | 29.3 | 64.0 | 0 | 65.5 | 46.6 | 17.3 | 4.9 | 4.2 | 3.2 |
| Other Current Liabilities | 2.6 | 44.7 | 73.1 | 2.4 | 0 | 13.3 | 12.6 | 3.6 | 5.3 |
| Total Current Liabilities | 631.3 | 607.7 | 669.0 | 452.1 | 227.6 | 185.7 | 263.5 | 179.7 | 113.3 |
| Non-Current Liabilities | |||||||||
| Long-Term Debt | 334.2 | 414.9 | 428.4 | 421.2 | 103.1 | 82.0 | 64.8 | 40.0 | 25.4 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 37.4 | 50.6 | 54.4 | 67.2 | 54.6 | 17.1 | 138.5 | 134.7 | 91.6 |
| Total Non-Current Liabilities | 487.6 | 591.5 | 606.1 | 600.5 | 238.2 | 99.0 | 203.3 | 174.6 | 117.0 |
| Total Liabilities | 1,118.9 | 1,199.2 | 1,275.1 | 1,052.6 | 465.8 | 284.8 | 466.8 | 354.3 | 230.3 |
| Stockholders' Equity | |||||||||
| Common Stock | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 31.8 | 16.0 | 26.3 |
| Retained Earnings | 45.0 | 159.6 | 165.4 | 204.9 | 75.0 | 16.8 | 0 | 3.4 | 3.6 |
| Accumulated Other Comprehensive Income | (0.6) | (1.9) | 0.0 | (0.0) | 0 | 0 | (5.3) | (3.1) | (1.5) |
| Total Stockholders' Equity | 285.0 | 360.8 | 358.6 | 385.3 | 225.9 | 122.9 | 31.8 | 16.0 | 26.3 |
| Total Liabilities & Equity | 1,403.8 | 1,590.0 | 1,689.2 | 1,497.4 | 720.6 | 458.1 | 504.8 | 375.4 | 258.3 |
| Debt Metrics | |||||||||
| Total Debt | 964.4 | 1,007.9 | 1,084.7 | 835.0 | 318.8 | 213.4 | 301.3 | 199.3 | 125.2 |
| Net Debt | 912.2 | 991.0 | 1,000.0 | 792.9 | 256.2 | 147.3 | 290.2 | 184.0 | 115.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | (116.2) | (6.2) | (39.1) | 152.6 | 116.4 | 48.5 | 37.3 | 1.9 | (4.3) |
| Depreciation & Amortization | 24.4 | 22.2 | 26.8 | 16.3 | 5.4 | 3.2 | 2.7 | 1.7 | 1.1 |
| Stock-Based Compensation | 10.5 | 8.4 | 9.0 | 10.0 | 5.7 | 2.2 | 0.2 | 0.2 | 0.4 |
| Change in Working Capital | 60.2 | 6.1 | (260.7) | (192.3) | 24.7 | 146.2 | (47.6) | (43.8) | (9.4) |
| Other Non-Cash Items | 148.7 | 4.6 | 157.3 | 15.1 | 3.4 | 11.8 | 1.8 | 2.4 | 0.6 |
| Operating Cash Flow | 91.8 | 34.8 | (129.8) | 7.4 | 159.4 | 212.5 | (5.7) | (4.7) | 6.5 |
| Investing Activities | |||||||||
| Capital Expenditure | (12.7) | (25.9) | (24.1) | (15.6) | (9.9) | (6.3) | (7.3) | (10.1) | (4.1) |
| Acquisitions | 0.7 | (5.7) | (28.1) | (459.5) | (107.5) | 1.6 | (19.4) | (13.8) | (19.3) |
| Purchases of Investments | 0 | 0 | 0 | (2) | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | (0.3) | 44.9 | 0.6 | 0.3 | 0.2 | 0 | 15.7 | 0 | 0.1 |
| Investing Cash Flow | (11.6) | 13.3 | (51.6) | (476.8) | (117.1) | (4.7) | (11.0) | (23.9) | (23.3) |
| Financing Activities | |||||||||
| Net Debt Issuance | (38.3) | (80.6) | 231.3 | 477.3 | (2.4) | (93.8) | 3.9 | 3.1 | (2.6) |
| Stock Repurchased | 0 | 1.5 | (1.6) | (0.4) | 0 | 0 | 0 | 0 | (2.1) |
| Dividends Paid | (0.3) | (5.4) | (3.6) | (9.5) | (32.1) | (109.4) | (14.5) | (3.3) | (47.2) |
| Other Financing Activities | (5.2) | (29.6) | (14.5) | (11.1) | (1.5) | (15.2) | 23.1 | 34.4 | (1.2) |
| Financing Cash Flow | (42.6) | (114.1) | 213.7 | 456.4 | (36.5) | (151.1) | 12.5 | 34.3 | 17.0 |
| Cash Position | |||||||||
| Net Change in Cash | 37.5 | (66.0) | 32.4 | (13.0) | 5.8 | 56.7 | (4.2) | 5.7 | 0.2 |
| Cash at Beginning | 27.3 | 93.3 | 60.9 | 73.9 | 68.2 | 11.5 | 15.3 | 9.7 | 9.5 |
| Cash at End | 64.8 | 27.3 | 93.3 | 60.9 | 73.9 | 68.2 | 11.1 | 15.3 | 9.7 |
| Free Cash Flow | 79.0 | 8.9 | (153.8) | (8.2) | 149.5 | 206.2 | (13.0) | (14.8) | 2.4 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 1,872.3 | 1,772.6 | 1,936.3 | 1,744.8 | 1,228.2 | 1,023.0 | 767.6 | 602.8 | 391.5 |
| Gross Profit | 405.4 | 435.1 | 535.1 | 553.7 | 357.5 | 235.5 | 172.1 | 137.7 | 85.7 |
| Operating Income | 62.1 | 64.8 | 18.1 | 217.8 | 148.9 | 78.3 | 54.6 | 44.7 | 19.3 |
| Net Income | (114.6) | (5.7) | (38.6) | 130.9 | 79.1 | 17.4 | 21.1 | 1.1 | (4.3) |
| EPS (Diluted) | -7.22 | -0.39 | -2.69 | 9.13 | 6.96 | 7.72 | 3.47 | 0.21 | -0.79 |
| Balance Sheet | |||||||||
| Cash & Equivalents | 52.2 | 16.8 | 84.6 | 42.1 | 62.6 | 66.1 | 11.1 | 15.3 | 9.7 |
| Total Assets | 1,403.8 | 1,590.0 | 1,689.2 | 1,497.4 | 720.6 | 458.1 | 504.8 | 375.4 | 258.3 |
| Total Debt | 964.4 | 1,007.9 | 1,084.7 | 835.0 | 318.8 | 213.4 | 301.3 | 199.3 | 125.2 |
| Stockholders' Equity | 285.0 | 360.8 | 358.6 | 385.3 | 225.9 | 122.9 | 31.8 | 16.0 | 26.3 |
| Cash Flow | |||||||||
| Operating Cash Flow | 91.8 | 34.8 | (129.8) | 7.4 | 159.4 | 212.5 | (5.7) | (4.7) | 6.5 |
| Capital Expenditure | (12.7) | (25.9) | (24.1) | (15.6) | (9.9) | (6.3) | (7.3) | (10.1) | (4.1) |
| Free Cash Flow | 79.0 | 8.9 | (153.8) | (8.2) | 149.5 | 206.2 | (13.0) | (14.8) | 2.4 |