MARINEMAX, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2010 | 24.6% | -2.9% | 0.6% |
| FY2011 | 24.8% | -1.7% | -2.4% |
| FY2012 | 25.4% | 1.0% | 0.2% |
| FY2013 | 25.8% | 3.1% | 2.6% |
| FY2014 | 25.9% | 2.5% | 1.8% |
| FY2015 | 24.6% | 3.4% | 6.4% |
| FY2016 | 24.0% | 4.3% | 2.4% |
| FY2017 | 25.2% | 4.3% | 2.2% |
| FY2018 | 25.3% | 5.4% | 3.3% |
| FY2019 | 26.1% | 4.9% | 2.9% |
| FY2020 | 26.4% | 7.1% | 4.9% |
| FY2021 | 32.0% | 10.2% | 7.5% |
| FY2022 | 34.9% | 11.5% | 8.6% |
| FY2023 | 34.9% | 8.4% | 4.6% |
| FY2024 | 33.0% | 5.3% | 1.6% |
| FY2025 | 32.5% | 1.5% | -1.4% |
When you sell in desperation, you always sell cheap.