NASDAQ : MBUU
Malibu Boats, Inc. — Financial statements
Consumer Discretionary · Recreational Vehicles · United States
Last price 23.81 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 474.95M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Malibu Boats, Inc. (MBUU) reported revenue of 914.59M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 914.59M | 914.59M | 807.56M | 829.03M | 1.39B | 1.21B |
| Cost of Revenue | 764.94M | 764.94M | 663.47M | 681.94M | 1.04B | 904.83M |
| Gross Profit | 149.65M | 149.65M | 144.09M | 147.09M | 351.30M | 310.05M |
| Selling, General & Admin | 113.89M | 113.89M | 110.57M | 96.01M | 94.92M | 89.27M |
| Amortization of Goodwill & Intangibles | 10.80M | 10.80M | 6.80M | 6.81M | 6.81M | 6.96M |
| Operating Expenses | 124.70M | 124.70M | 117.37M | 102.82M | 101.73M | 96.23M |
| Operating Income | 24.95M | 24.95M | 26.72M | 44.27M | 249.56M | 213.82M |
| Interest Expense | -3.56M | -3.56M | -1.88M | -1.84M | -2.96M | -2.88M |
| Other Non Operating Income (Expenses) | 2.91M | 2.91M | 385.00K | 4.00K | -331.00K | -983.00K |
| EBT Excluding Unusual Items | 24.30M | 24.30M | 25.23M | 42.44M | 246.27M | 209.97M |
| Merger & Restructuring Charges | -17.90M | -17.90M | ||||
| Impairment of Goodwill | -49.20M | |||||
| Asset Writedown | -39.19M | |||||
| Legal Settlements | -3.95M | -3.95M | -4.96M | -3.10M | -104.78M | |
| Other Unusual Items | -8.73M | |||||
| Pretax Income | 2.45M | 2.45M | 20.26M | -57.78M | 141.49M | 209.97M |
| Income Tax Expense | 740.00K | 740.00K | 5.02M | -1.34M | 33.58M | 46.53M |
| Earnings From Continuing Operations | 1.71M | 1.71M | 15.24M | -56.44M | 107.91M | 163.43M |
| Minority Interest in Earnings | -54.00K | -54.00K | -361.00K | 531.00K | -3.40M | -5.80M |
| Net Income | 1.65M | 1.65M | 14.88M | -55.91M | 104.51M | 157.63M |
| Net Income to Common | 1.65M | 1.65M | 14.88M | -55.91M | 104.51M | 157.63M |
| Shares Outstanding (Basic) | 19.30M | 19.30M | 19.66M | 20.44M | 20.50M | 20.75M |
| Shares Outstanding (Diluted) | 19.34M | 19.34M | 19.69M | 20.44M | 20.64M | 20.99M |
| EPS (Basic) | 0.09 | 0.09 | 0.76 | -2.74 | 5.10 | 7.60 |
| EPS (Diluted) | 0.09 | 0.09 | 0.76 | -2.74 | 5.06 | 7.51 |
| Free Cash Flow | 42.85M | 42.85M | 28.59M | -20.40M | 129.89M | 109.78M |
| Free Cash Flow Per Share | 2.21 | 2.21 | 1.45 | -1.00 | 6.29 | 5.23 |
| Gross Margin | 16.36% | 16.36% | 17.84% | 17.74% | 25.30% | 25.52% |
| Operating Margin | 2.73% | 2.73% | 3.31% | 5.34% | 17.97% | 17.60% |
| Profit Margin | 0.18% | 0.18% | 1.84% | -6.74% | 7.53% | 12.97% |
| Free Cash Flow Margin | 4.69% | 4.69% | 3.54% | -2.46% | 9.36% | 9.04% |
| EBITDA | 68.90M | 68.90M | 65.32M | 77.26M | 278.29M | 240.15M |
| EBITDA Margin | 7.53% | 7.53% | 8.09% | 9.32% | 20.04% | 19.77% |
| D&A For EBITDA | 43.95M | 43.95M | 38.59M | 32.99M | 28.72M | 26.32M |
| EBIT | 24.95M | 24.95M | 26.72M | 44.27M | 249.56M | 213.82M |
| EBIT Margin | 2.73% | 2.73% | 3.31% | 5.34% | 17.97% | 17.60% |
| Effective Tax Rate | 30.24% | 30.24% | 24.79% | 23.73% | 22.16% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 74.42M | 74.42M | 37.00M | 26.95M | 78.94M | 83.74M |
| Cash & Short-Term Investments | 74.42M | 74.42M | 37.00M | 26.95M | 78.94M | 83.74M |
| Accounts Receivable | 33.35M | 33.35M | 23.03M | 23.14M | 68.38M | 51.60M |
| Other Receivables | 11.82M | 11.82M | 10.38M | 662.00K | ||
| Receivables | 45.17M | 45.17M | 33.41M | 23.80M | 68.38M | 51.60M |
| Inventory | 180.07M | 180.07M | 142.16M | 145.57M | 171.19M | 157.00M |
| Prepaid Expenses | 5.82M | 5.82M | 4.26M | 5.81M | 7.83M | 6.16M |
| Other Current Assets | 3.06M | 3.06M | 3.06M | |||
| Total Current Assets | 308.53M | 308.53M | 219.89M | 202.13M | 326.33M | 298.50M |
| Property, Plant & Equipment | 261.36M | 261.36M | 242.43M | 251.48M | 213.60M | 181.38M |
| Goodwill | 78.69M | 78.69M | 51.31M | 51.41M | 100.58M | 100.80M |
| Other Intangible Assets | 295.96M | 295.96M | 168.63M | 175.45M | 221.46M | 228.30M |
| Long-Term Deferred Tax Assets | 50.42M | 50.42M | 51.60M | 58.10M | 62.57M | 42.31M |
| Other Long-Term Assets | 1.23M | 1.23M | 717.00K | 1.05M | 1.38M | 28.00K |
| Total Assets | 996.19M | 996.19M | 734.58M | 739.62M | 925.92M | 851.33M |
| Accounts Payable | 46.79M | 46.79M | 24.42M | 19.15M | 40.40M | 44.37M |
| Accrued Expenses | 64.42M | 64.42M | 58.80M | 69.15M | 38.99M | 42.10M |
| Current Portion of Long-Term Debt | 1.56M | |||||
| Current Portion of Leases | 4.90M | 4.90M | 2.41M | 2.18M | 2.32M | 2.12M |
| Current Income Taxes Payable | 392.00K | 392.00K | 151.00K | 4.00K | 847.00K | 1.67M |
| Current Unearned Revenue | 4.09M | 4.09M | 4.09M | 5.87M | ||
| Other Current Liabilities | 94.85M | 94.85M | 44.75M | 42.24M | 149.87M | 47.48M |
| Total Current Liabilities | 215.43M | 215.43M | 134.61M | 138.59M | 232.44M | 139.30M |
| Long-Term Debt | 165.00M | 165.00M | 18.00M | 118.05M | ||
| Long-Term Leases | 6.85M | 6.85M | 4.92M | 5.76M | 7.84M | 10.06M |
| Long-Term Deferred Tax Liabilities | 15.42M | 15.42M | 14.67M | 17.66M | 28.45M | 26.96M |
| Other Long-Term Liabilities | 65.06M | 65.06M | 42.54M | 42.90M | 41.44M | 43.38M |
| Total Liabilities | 467.77M | 467.77M | 214.75M | 204.91M | 310.17M | 337.76M |
| Common Stock | 195.00K | 195.00K | 190.00K | 200.00K | 204.00K | 203.00K |
| Additional Paid-In Capital | 48.57M | 48.57M | 35.25M | 64.22M | 86.32M | 85.29M |
| Retained Earnings | 486.32M | 486.32M | 484.66M | 469.79M | 525.70M | 421.18M |
| Comprehensive Income & Other | -10.63M | -10.63M | -4.65M | -4.20M | -4.34M | -3.51M |
| Total Common Equity | 524.45M | 524.45M | 515.46M | 530.01M | 607.88M | 503.17M |
| Minority Interest | 3.98M | 3.98M | 4.37M | 4.71M | 7.87M | 10.39M |
| Shareholders' Equity | 528.43M | 528.43M | 519.83M | 534.72M | 615.75M | 513.57M |
| Total Liabilities & Equity | 996.19M | 996.19M | 734.58M | 739.62M | 925.92M | 851.33M |
| Total Debt | 176.75M | 176.75M | 25.32M | 7.94M | 10.17M | 131.80M |
| Net Cash (Debt) | -102.33M | -102.33M | 11.68M | 19.00M | 68.77M | -48.06M |
| Net Cash Per Share | -5.29 | -5.29 | 0.59 | 0.93 | 3.33 | -2.29 |
| Filing Date Shares Outstanding | 19.68M | 19.68M | 19.25M | 20.01M | 20.60M | 20.50M |
| Total Common Shares Outstanding | 19.67M | 19.67M | 19.23M | 20.18M | 20.60M | 20.50M |
| Working Capital | 93.10M | 93.10M | 85.28M | 63.54M | 93.90M | 159.20M |
| Book Value Per Share | 26.67 | 26.67 | 26.81 | 26.26 | 29.50 | 24.54 |
| Tangible Book Value | 149.79M | 149.79M | 295.52M | 303.14M | 285.85M | 174.07M |
| Tangible Book Value Per Share | 7.62 | 7.62 | 15.37 | 15.02 | 13.87 | 8.49 |
| Land | 6.76M | 6.76M | 4.72M | 4.89M | 4.91M | 4.91M |
| Buildings | 183.90M | 183.90M | 171.69M | 170.96M | 119.32M | 81.03M |
| Machinery | 186.12M | 186.12M | 160.13M | 133.59M | 116.03M | 93.27M |
| Construction In Progress | 41.60M | 41.60M | 35.19M | 43.51M | 47.48M | 52.85M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 1.65M | 1.65M | 14.88M | -55.91M | 104.51M | 157.63M |
| Depreciation & Amortization | 43.95M | 43.95M | 38.59M | 32.99M | 28.72M | 26.32M |
| Asset Writedown & Restructuring Costs | 88.39M | |||||
| Stock-Based Compensation | 6.64M | 6.64M | 7.01M | 6.45M | 7.03M | 7.40M |
| Other Operating Activities | 926.00K | 926.00K | 6.28M | 6.10M | -10.89M | 12.97M |
| Change in Accounts Receivable | -8.22M | -8.22M | 106.00K | 45.26M | -16.80M | -1.78M |
| Change in Inventory | 20.68M | 20.68M | 3.37M | 25.70M | -14.36M | -38.05M |
| Change in Accounts Payable | -4.54M | -4.54M | 6.56M | -20.61M | -5.15M | -287.00K |
| Change in Income Taxes | -779.00K | -779.00K | 269.00K | -4.92M | -3.97M | -4.49M |
| Change in Other Net Operating Assets | 7.20M | 7.20M | -20.56M | -67.89M | 95.64M | 5.14M |
| Operating Cash Flow | 67.51M | 67.51M | 56.51M | 55.56M | 184.73M | 164.85M |
| Capital Expenditures | -24.66M | -24.66M | -27.92M | -75.96M | -54.84M | -55.06M |
| Sale of Property, Plant & Equipment | 352.00K | 352.00K | 543.00K | 120.00K | 202.00K | 9.00K |
| Cash Acquisitions | -118.31M | -118.31M | -6.57M | |||
| Investing Cash Flow | -142.62M | -142.62M | -27.37M | -75.84M | -54.64M | -61.62M |
| Long-Term Debt Issued | 165.00M | 165.00M | 48.00M | 75.00M | 241.70M | 72.00M |
| Long-Term Debt Repaid | -18.00M | -18.00M | -30.00M | -75.00M | -361.82M | -96.25M |
| Net Debt Issued (Repaid) | 147.00M | 147.00M | 18.00M | -120.12M | -24.25M | |
| Issuance of Common Stock | 233.00K | 1.32M | 3.29M | |||
| Repurchase of Common Stock | -35.12M | -35.12M | -37.05M | -30.80M | -11.00M | -36.70M |
| Other Financing Activities | -204.00K | -204.00K | -890.00K | -4.76M | -2.72M | |
| Financing Cash Flow | 111.68M | 111.68M | -18.82M | -31.70M | -134.57M | -60.38M |
| Foreign Exchange Rate Adjustments | 843.00K | 843.00K | -255.00K | -13.00K | -328.00K | -580.00K |
| Net Cash Flow | 37.42M | 37.42M | 10.06M | -51.99M | -4.81M | 42.27M |
| Free Cash Flow | 42.85M | 42.85M | 28.59M | -20.40M | 129.89M | 109.78M |
| Free Cash Flow Margin | 4.69% | 4.69% | 3.54% | -2.46% | 9.36% | 9.04% |
| Free Cash Flow Per Share | 2.21 | 2.21 | 1.45 | -1.00 | 6.29 | 5.23 |
| Levered Free Cash Flow | 66.41M | 66.41M | 21.30M | -31.50M | 196.89M | 74.54M |
| Unlevered Free Cash Flow | 68.64M | 68.64M | 22.47M | -30.35M | 198.74M | 76.33M |
| Cash Interest Paid | 3.02M | 3.02M | 1.95M | 3.05M | 3.06M | 2.29M |
| Cash Income Tax Paid | 905.00K | 905.00K | -655.00K | 2.12M | 50.52M | 42.06M |
| Change in Working Capital | 14.33M | 14.33M | -10.25M | -22.46M | 55.36M | -39.47M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 492.91M | 538.64M | 601.44M | 716.20M | 1.21B | 1.08B |
| Enterprise Value | 595.24M | 670.39M | 603.49M | 697.64M | 1.21B | 1.17B |
| Last Close Price | 24.71 | 27.43 | 31.34 | 35.04 | 58.66 | 52.71 |
| PE Ratio | 288.58 | 325.86 | 40.42 | 11.58 | 6.86 | |
| Forward PE | 9.94 | 12.95 | 13.28 | 14.18 | 7.63 | 6.32 |
| PS Ratio | 0.54 | 0.59 | 0.74 | 0.86 | 0.87 | 0.89 |
| PB Ratio | 0.93 | 1.02 | 1.16 | 1.34 | 1.97 | 2.10 |
| P/TBV Ratio | 3.29 | 3.60 | 2.04 | 2.36 | 4.23 | 6.21 |
| P/FCF Ratio | 11.50 | 12.57 | 21.04 | 9.31 | 9.84 | |
| P/OCF Ratio | 7.30 | 7.98 | 10.64 | 12.89 | 6.55 | 6.56 |
| PEG Ratio | 2.03 | 2.03 | 2.03 | 2.03 | 2.03 | |
| EV/Sales Ratio | 0.65 | 0.73 | 0.75 | 0.84 | 0.88 | 0.96 |
| EV/EBITDA Ratio | 8.64 | 9.73 | 9.24 | 9.03 | 4.37 | 4.86 |
| EV/EBIT Ratio | 23.86 | 26.87 | 22.58 | 15.76 | 4.87 | 5.45 |
| EV/FCF Ratio | 13.89 | 15.65 | 21.11 | 9.35 | 10.62 | |
| Debt / Equity Ratio | 0.33 | 0.33 | 0.05 | 0.01 | 0.02 | 0.26 |
| Debt / EBITDA Ratio | 2.42 | 2.42 | 0.37 | 0.10 | 0.04 | 0.54 |
| Debt / FCF Ratio | 4.12 | 4.12 | 0.89 | 0.08 | 1.20 | |
| Net Debt / Equity Ratio | 0.19 | 0.19 | -0.02 | -0.04 | -0.11 | 0.09 |
| Net Debt / EBITDA Ratio | 1.49 | 1.49 | -0.18 | -0.25 | -0.25 | 0.20 |
| Net Debt / FCF Ratio | 2.39 | 2.39 | -0.41 | 0.93 | -0.53 | 0.44 |
| Asset Turnover | 1.06 | 1.06 | 1.10 | 1.00 | 1.56 | 1.52 |
| Inventory Turnover | 4.75 | 4.75 | 4.61 | 4.31 | 6.32 | 6.61 |
| Quick Ratio | 0.56 | 0.56 | 0.52 | 0.37 | 0.63 | 0.97 |
| Current Ratio | 1.43 | 1.43 | 1.63 | 1.46 | 1.40 | 2.14 |
| Return on Equity (ROE) | 0.33% | 0.33% | 2.89% | -9.81% | 19.11% | 36.53% |
| Return on Assets (ROA) | 1.80% | 1.80% | 2.27% | 3.32% | 17.55% | 16.77% |
| Return on Invested Capital (ROIC) | 2.72% | 3.06% | 3.93% | 8.33% | 34.34% | 31.44% |
| Return on Capital Employed (ROCE) | 3.20% | 3.20% | 4.50% | 7.40% | 36.00% | 30.00% |
| Earnings Yield | 0.35% | 0.31% | 2.47% | -7.81% | 8.64% | 14.59% |
| FCF Yield | 8.69% | 7.95% | 4.75% | -2.85% | 10.74% | 10.16% |
| Buyback Yield / Dilution | 1.78% | 1.78% | 3.64% | 0.98% | 1.64% | 0.12% |