MBUUNasdaqShip & Boat Building & RepairingFiscal year ends June 30
MALIBU BOATS, INC.
Financials through Q4 FY2026, quarter ended Jun 30, 2026Last filing: 10-K on Aug 27, 2026
$21.72−0.54 (-2.43%)
Close on Oct 19, 2026
- Market cap
- $431.84M
- P/E (TTM)
- 241.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2026
Gross margin
16.0%−9.5 pts over 5 years
Operating margin
0.3%−15.8 pts over 5 years
Net margin
0.2%−11.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.3% | -13.0% | -0.3% | +13.7% | |
| Gross profit | +1.7% | -25.3% | -9.1% | +8.2% | |
| Operating income | -85.8% | -72.2% | -54.0% | -21.7% | |
| Net income | -88.9% | -74.9% | -56.8% | -21.3% | |
| EPS, diluted | -88.2% | -73.9% | -55.6% | -21.4% | |
| Free cash flow | +49.9% | -30.9% | -15.7% | +3.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | 90.5% | 35.0% | 0.3% | |
| Return on assets | 12.7% | 18.0% | 0.2% | |
| Current ratio | 1.79 | 1.58 | 1.43 | |
| Debt to equity | 1.13 | 0.38 | 0.31 | |
| Net debt to EBITDA | 0.45× | 0.59× | – | |
| Interest coverage | 25.3× | 59.2× | 0.9× | |
| Inventory turnover | 9.3× | 7.3× | 4.8× | |
| Capex to revenue | 3.3% | 3.3% | 2.7% | |
| Diluted shares | 18M | 21M | 19M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Malibu Boats generated $529.15M from operations and spent $380.14M on capital expenditure, dividends and share buybacks. 63% of that went back into the business.
Generated
$529.15M
Used
$380.14M
Capital expenditure$238.45M63%Dividends$00%Share buybacks$141.69M37%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.2%
×Asset turnover1.06×
×Equity multiplier1.66×
=Return on equity, FY20260.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 0.2% | 1.06× | 1.66× | 0.3% |
| FY2025 | 1.8% | 1.10× | 1.41× | 2.8% |
| FY2024 | -6.7% | 1.00× | 1.46× | -9.8% |
| FY2023 | 7.5% | 1.56× | 1.60× | 18.8% |
| FY2022 | 13.0% | 1.52× | 1.82× | 36.0% |
| FY2021 | 11.9% | 1.52× | 1.94× | 35.0% |
| FY2020 | 9.4% | 1.41× | 2.02× | 26.8% |
| FY2019 | 9.7% | 1.67× | 2.41× | 39.0% |
| FY2018 | 5.6% | 1.69× | 3.24× | 30.4% |
| FY2017 | 10.1% | 1.26× | 7.12× | 90.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
5of 9 tests passed in fiscal 2026. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$1.65M
- Cash generatingOperating cash flow above zero$67.51M
- Return on assets improvedROA up on the prior year2.0% → 0.2%
- Earnings backed by cashOperating cash flow above net income$67.51M vs $1.65M
- Less leverageLong-term debt to assets fell2.5% → 16.6%
- Better liquidityCurrent ratio rose1.63 → 1.43
- No dilutionShare count did not rise20M → 19M
- Gross margin improvedGross margin up on the prior year17.84% → 16.02%
- More efficientAsset turnover rose1.09 → 1.25