Headquartered in Oldsmar, FL Fiscal year ends September NYSE: HZO marinemax.com
MarineMax, Inc. (NYSE: HZO) is a recreational boat and yacht retailer, marina operator and superyacht services company. It has over 120 locations worldwide, including over 70 dealerships and over 65 marina and storage facilities.
The company reports two segments:
- **Retail Operations:** new and used boat sales, parts and service, financing and insurance, superyacht brokerage and services, and marinas.
- **Product Manufacturing:** Cruisers Yachts (premium sport yachts, motor yachts and Aviara luxury dayboats) and Intrepid Powerboats.
Its portfolio also includes:
- IGY Marinas, which operates luxury marinas in yachting and sport fishing destinations.
- Fraser Yachts Group and Northrop & Johnson, which provide superyacht brokerage and luxury yacht services.
- Boatyard and Boatzon, digital platforms that connect boaters to marinas, dealers and marine professionals.
- MarineMax Vacations, a charter vacation business in Tortola, British Virgin Islands.
Over recent years the company has shifted its mix toward higher-margin, non-boat revenue such as marinas, parts and service, and superyacht services. Its gross margin rose from 26.1% in fiscal 2019 to 34.9% in fiscal 2026.
On August 10, 2026, MarineMax agreed to be acquired by Safe Harbor Marinas for $53.00 per share in cash, an enterprise value of approximately $1.5 billion. The deal is expected to close by the end of calendar 2026, subject to shareholder approval. Updated
The $53.00-per-share all-cash sale to Safe Harbor Marinas is set to close by year-end, outweighing the quarterly miss. Management skipped the earnings call and will not issue fiscal 2027 guidance, so the only variable left is deal completion. Shareholder litigation over the terms could break it.
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MarineMax, Inc. (NYSE: HZO) is a recreational boat and yacht retailer, marina operator and superyacht services company. It has over 120 locations worldwide, including over 70 dealerships and over 65 marina and storage facilities.
The Wall Street consensus 12-month price target for HZO is $49.40.
