One Water Marine Inc. - Understand $onew stock

$ONEW Market Cap: $335.4 Million

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Financial Snapshot

Revenue

$1.773B

TTM

Gross Margin

24.55%

TTM

Net Earnings

-$5.705M

TTM

Current Assets

$777.4M

Q3 2024

Current Liabilities

$607.7M

Q3 2024

Current Ratio

127.92%

Q3 2024

Total Assets

$1.590B

Q3 2024

Total Liabilities

$1.229B

Q3 2024

Book Value

$360.8M

Q3 2024

Cash

$27.34M

Q3 2024

P/E

-58.80

Nov 29, 2024 EST

Free Cash Flow

-$14.24M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.773B	$1.936B	$1.745B	$1.228B	$1.023B	$767.6M	$602.8M	$391.5M
YoY Change	-8.45%	10.97%	42.06%	20.06%	33.27%	27.34%	53.97%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Revenue	$1.773B	$1.936B	$1.745B	$1.228B	$1.023B	$767.6M	$602.8M	$391.5M
Cost Of Revenue	$1.338B	$1.401B	$1.191B	$870.8M	$787.4M	$595.5M	$465.2M	$305.8M
Gross Profit	$435.1M	$535.1M	$553.7M	$357.5M	$235.5M	$172.1M	$137.7M	$85.70M
Gross Profit Margin	24.54%	27.64%	31.73%	29.1%	23.02%	22.42%	22.84%	21.89%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$332.7M	$345.5M	$302.1M	$199.0M	$143.6M	$116.5M	$91.30M	$65.40M
YoY Change	-3.72%	14.37%	51.78%	38.64%	23.24%	27.6%	39.6%
% of Gross Profit	76.47%	64.57%	54.57%	55.69%	60.96%	67.69%	66.3%	76.31%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.40M	$26.79M	$15.61M	$5.411M	$3.200M	$2.700M	$1.700M	$1.100M
YoY Change	-27.58%	71.67%	188.39%	69.09%	18.52%	58.82%	54.55%
% of Gross Profit	4.46%	5.01%	2.82%	1.51%	1.36%	1.57%	1.23%	1.28%
Operating Expenses	$352.1M	$345.5M	$317.7M	$199.0M	$143.6M	$119.2M	$93.00M	$66.40M
YoY Change	1.9%	8.75%	59.62%	38.64%	20.45%	28.17%	40.06%
Operating Profit	$82.98M	$18.07M	$235.9M	$148.9M	$78.29M	$52.90M	$44.70M	$19.30M
YoY Change	359.3%	-92.34%	58.48%	90.16%	48.0%	18.34%	131.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$71.14M	-$59.64M	-$17.85M	-$6.910M	-$16.90M	-$14.60M	-$42.60M	-$23.00M
YoY Change	19.28%	234.14%	158.29%	-59.11%	15.75%	-65.73%	85.22%
% of Operating Profit	-85.73%	-330.09%	-7.56%	-4.64%	-21.59%	-27.6%	-95.3%	-119.17%
Other Income/Expense, Net	-$14.00K	-$60.59M	-$3.793M	-$6.662M	-$23.45M	-$1.400M	$300.0K	-$200.0K
YoY Change	-99.98%	1497.42%	-43.07%	-71.59%	1575.21%	-566.67%	-250.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$6.333M	-$42.52M	$195.8M	$142.2M	$54.84M	$37.30M	$1.900M	-$4.300M
YoY Change	-85.11%	-121.71%	37.7%	159.34%	47.02%	1863.16%	-144.19%
Income Tax	-$157.0K	-$3.412M	$43.23M	$25.80M	$6.329M
% Of Pretax Income			22.07%	18.14%	11.54%
Net Earnings	-$5.705M	-$38.59M	$130.9M	$79.06M	$17.43M	$37.26M	$1.946M	-$4.300M
YoY Change	-85.22%	-129.47%	65.63%	353.71%	-53.24%	1814.85%	-145.26%
Net Earnings / Revenue	-0.32%	-1.99%	7.5%	6.44%	1.7%	4.85%	0.32%	-1.1%
Basic Earnings Per Share					$2.79
Diluted Earnings Per Share	-$0.39	-$2.69	$9.133M	$6.960M	$2.77	$2.568M	$79.14K	-$309.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$16.85M	$84.65M	$42.07M	$62.61M	$66.10M	$11.10M	$15.30M	$9.700M
YoY Change	-80.1%	101.2%	-32.8%	-5.29%	495.5%	-27.45%	57.73%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$96.41M	$74.46M	$93.90M	$45.92M	$17.40M	$10.40M	$1.900M	$1.200M
YoY Change	29.48%	-20.7%	104.47%	163.93%	67.31%	447.37%	58.33%
Inventory	$590.8M	$609.6M	$373.0M	$143.9M	$150.1M	$277.3M	$184.4M	$115.3M
Prepaid Expenses
Receivables	$73.27M	$113.2M	$57.96M	$28.53M	$18.50M	$15.30M	$10.90M	$5.800M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$777.4M	$881.9M	$566.9M	$280.9M	$252.1M	$314.1M	$212.5M	$132.1M
YoY Change	-11.85%	55.57%	101.78%	11.44%	-19.74%	47.81%	60.86%
Property, Plant & Equipment	$232.1M	$217.2M	$233.7M	$156.3M	$18.40M	$16.00M	$18.60M	$9.400M
YoY Change	6.84%	-7.05%	49.54%	749.21%	15.0%	-13.98%	97.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$38.58M	$41.14M	$11.81M	$29.64M	$13.20M	$300.0K	$300.0K	$300.0K
YoY Change	-6.22%	248.28%	-60.15%	124.52%	4300.0%	0.0%	0.0%
Total Long-Term Assets	$812.6M	$807.3M	$930.5M	$439.7M	$206.0M	$190.7M	$162.9M	$126.2M
YoY Change	0.66%	-13.25%	111.64%	113.43%	8.02%	17.07%	29.08%
Total Assets	$1.590B	$1.689B	$1.497B	$720.6M	$458.1M	$504.8M	$375.4M	$258.3M
YoY Change
Accounts Payable	$74.22M	$27.11M	$27.31M	$18.11M	$12.80M	$5.500M	$6.300M	$5.800M
YoY Change	173.75%	-0.71%	50.75%	41.52%	132.73%	-12.7%	8.62%
Accrued Expenses	$15.70M	$50.38M	$12.98M	$31.29M	$14.10M	$11.80M	$7.600M	$3.200M
YoY Change	-68.83%	288.14%	-58.51%	121.89%	19.49%	55.26%	137.5%
Deferred Revenue
YoY Change
Short-Term Debt	$443.4M	$489.0M	$267.1M	$114.2M	$124.0M	$225.4M	$157.5M	$97.90M
YoY Change	-9.33%	83.08%	133.83%	-7.88%	-44.99%	43.11%	60.88%
Long-Term Debt Due	$7.874M	$29.32M	$21.64M	$11.37M	$7.400M	$11.10M	$1.900M	$1.900M
YoY Change	-73.15%	35.5%	90.41%	53.59%	-33.33%	484.21%	0.0%
Total Short-Term Liabilities	$607.7M	$669.0M	$452.1M	$227.6M	$185.7M	$263.5M	$179.7M	$113.3M
YoY Change	-9.15%	47.97%	98.61%	22.58%	-29.53%	46.63%	58.61%
Long-Term Debt	$414.9M	$428.4M	$421.2M	$103.1M	$82.00M	$64.80M	$40.00M	$25.40M
YoY Change	-3.15%	1.73%	308.6%	25.7%	26.54%	62.0%	57.48%
Other Long-Term Liabilities	$176.6M	$177.7M	$179.3M	$135.1M	$17.10M	$52.50M	$54.70M	$19.90M
YoY Change	-0.62%	-0.89%	32.73%	689.92%	-67.43%	-4.02%	174.87%
Total Long-Term Liabilities	$591.5M	$606.1M	$600.5M	$238.2M	$99.10M	$117.3M	$94.70M	$45.30M
YoY Change	-2.41%	0.95%	152.13%	140.31%	-15.52%	23.86%	109.05%
Total Liabilities	$1.229B	$1.331B	$1.112B	$494.7M	$335.2M	$387.0M	$279.4M	$160.3M
YoY Change	-7.62%	19.64%	124.81%	47.58%	-13.39%	38.51%	74.3%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding					6.243M
Diluted Shares Outstanding					6.287M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $335.43 Million

About OneWater Marine Inc.

OneWater Marine, Inc. is a holding company, which engages in the retail of marine in the United States. The company is headquartered in Buford, Georgia. The company went IPO on 2019-10-25. The company is a marine retailer in the United States with 98 retail locations, 11 distribution centers/warehouses and multiple online marketplaces in 20 different states. Its segments include Dealerships and Distribution. The Dealership segment engages in the sale of new and pre-owned boats, arranges financing and insurance products, performs repair and maintenance services, offers marine related parts and accessories and offers slip and storage accommodations in certain locations. The Distribution segment engages in the manufacturing, assembly, and distribution primarily of marine-related products to distributors, big-box retailers and online retailers through a network of warehouses and distribution centers. The company offers a range of branded parts and accessories, including jack plates, rigging parts, plumbing components, storage systems, and appearance, cleaning, and maintenance products.

Industry: Retail-Auto & Home Supply Stores Peers: AMERICAS CARMART INC Lazydays Holdings, Inc. ARKO Corp. Vroom, Inc. Camping World Holdings, Inc. MONRO, INC. O REILLY AUTOMOTIVE INC SONIC AUTOMOTIVE INC Volta Inc. TravelCenters of America Inc. /MD/