OneWater Marine Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $198.3M
- Price
- $11.90
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.54%
- Volume
- 47.3K
About
OneWater Marine Inc. is a prominent retailer specializing in recreational boats and marine lifestyle products across the United States. Its extensive inventory includes both brand-new and pre-owned recreational boats and luxury yachts, complemented by a comprehensive range of marine parts and accessories. Beyond sales, the company offers essential boat repair and maintenance services. Customers can also access support for boat financing and insurance arrangements. Furthermore, OneWater Marine provides a suite of ancillary offerings such as indoor and outdoor storage solutions, marina services, and rentals of boats and personal watercraft. As of September 30, 2021, the company's operational footprint spanned 70 retail locations situated across 11 U.S. states, including key markets like Texas, Florida, Alabama, North Carolina, South Carolina, Georgia, Ohio, and New Jersey. Founded in 2014, OneWater Marine Inc. maintains its corporate headquarters in Buford, Georgia.
Quick stats
Shares outstanding16.7M
Computed float11.4M
Float / shares68.4%
Key info
SectorConsumer Cyclical
IndustrySpecialty Retail
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001772921
AI Summary
AI-generated1/13
standardmixedearnings
OneWater Marine Inc. Announces Fiscal Third Quarter 2026 Results
OneWater Marine reported fiscal Q3 revenue of $530.7 million, down 4% year-over-year, with same-store sales decreasing 2% primarily due to the Ocean Bio-Chem divestiture and strategic brand exits.
Despite the top-line decline, gross margin expanded 70 basis points to 24.0% and adjusted EBITDA increased 15% to $37.8 million, driven by favorable product mix and disciplined expense management.
The company significantly strengthened its balance sheet, reducing its net debt leverage ratio to 3.7x from 5.8x a year ago, and issued full-year guidance for revenue of $1.75 billion to $1.80 billion.
Red flags
- Revenue and same-store sales declined year-over-year
- Adjusted EPS decreased to $0.73 from $0.79 in the prior year