NASDAQ : ONEW
OneWater Marine Inc. — Financial statements
Consumer Discretionary · Specialty Retail · United States
Last price 9.64 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 160.66M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
OneWater Marine Inc. (ONEW) reported revenue of 1.81B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 1.76B | 1.82B | 1.72B | 1.88B | 1.69B | 1.19B |
| Other Revenue | 52.98M | 54.96M | 51.49M | 56.33M | 55.98M | 42.67M |
| Revenue | 1.81B | 1.87B | 1.77B | 1.94B | 1.74B | 1.23B |
| Cost of Revenue | 1.39B | 1.44B | 1.33B | 1.40B | 1.19B | 870.75M |
| Gross Profit | 426.36M | 428.62M | 437.96M | 535.13M | 553.65M | 357.45M |
| Selling, General & Admin | 338.55M | 343.29M | 332.68M | 345.52M | 302.11M | 199.05M |
| Operating Expenses | 356.42M | 364.92M | 352.08M | 369.42M | 317.72M | 204.46M |
| Operating Income | 69.94M | 63.70M | 85.88M | 165.70M | 235.94M | 153.00M |
| Interest Expense | -59.23M | -64.65M | -71.14M | -59.64M | -17.85M | -6.91M |
| Other Non Operating Income (Expenses) | -2.28M | -1.37M | 184.00K | 293.00K | -2.56M | 248.00K |
| EBT Excluding Unusual Items | 8.43M | -2.32M | 14.93M | 106.36M | 215.52M | 146.33M |
| Merger & Restructuring Charges | -16.76M | -5.44M | -16.82M | -1.84M | -7.72M | -869.00K |
| Impairment of Goodwill | -77.65M | -77.65M | -57.70M | |||
| Gain (Loss) on Sale of Investments | -1.06M | -61.00K | -198.00K | -446.00K | -1.23M | |
| Gain (Loss) on Sale of Assets | -800.00K | |||||
| Asset Writedown | -68.20M | -68.20M | -89.70M | |||
| Other Unusual Items | 2.38M | 2.13M | -4.25M | 1.60M | -10.74M | -3.25M |
| Pretax Income | -152.86M | -151.53M | -6.33M | -42.52M | 195.84M | 142.22M |
| Income Tax Expense | -30.96M | -35.30M | -157.00K | -3.41M | 43.23M | 25.80M |
| Earnings From Continuing Operations | -121.90M | -116.23M | -6.18M | -39.11M | 152.61M | 116.41M |
| Minority Interest in Earnings | 1.65M | 471.00K | 519.00K | -21.67M | -37.35M | |
| Net Income | -121.90M | -114.58M | -5.71M | -38.59M | 130.94M | 79.06M |
| Net Income to Common | -121.90M | -114.58M | -5.71M | -38.59M | 130.94M | 79.06M |
| Shares Outstanding (Basic) | 16.54M | 15.87M | 14.59M | 14.33M | 13.88M | 11.09M |
| Shares Outstanding (Diluted) | 16.54M | 15.87M | 14.59M | 14.33M | 14.34M | 11.36M |
| EPS (Basic) | -7.37 | -7.22 | -0.39 | -2.69 | 9.44 | 7.13 |
| EPS (Diluted) | -7.38 | -7.22 | -0.39 | -2.69 | 9.13 | 6.96 |
| Free Cash Flow | 56.75M | 79.73M | 8.92M | -151.01M | -3.96M | 149.53M |
| Free Cash Flow Per Share | 3.43 | 5.03 | 0.61 | -10.54 | -0.28 | 13.16 |
| Gross Margin | 23.51% | 22.89% | 24.71% | 27.64% | 31.73% | 29.10% |
| Operating Margin | 3.86% | 3.40% | 4.84% | 8.56% | 13.52% | 12.46% |
| Profit Margin | -6.72% | -6.12% | -0.32% | -1.99% | 7.51% | 6.44% |
| Free Cash Flow Margin | 3.13% | 4.26% | 0.50% | -7.80% | -0.23% | 12.17% |
| EBITDA | 86.51M | 85.67M | 105.94M | 191.89M | 252.13M | 158.41M |
| EBITDA Margin | 4.77% | 4.58% | 5.98% | 9.91% | 14.45% | 12.90% |
| D&A For EBITDA | 16.57M | 21.96M | 20.06M | 26.19M | 16.20M | 5.41M |
| EBIT | 69.94M | 63.70M | 85.88M | 165.70M | 235.94M | 153.00M |
| EBIT Margin | 3.86% | 3.40% | 4.84% | 8.56% | 13.52% | 12.46% |
| Effective Tax Rate | 22.07% | 18.14% | ||||
| Revenue as Reported | 1.81B | 1.87B | 1.77B | 1.94B | 1.74B | 1.23B |
| Advertising Expenses | 29.30M | 26.90M | 24.80M | 13.40M | 4.50M |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 68.70M | 52.17M | 16.85M | 84.65M | 42.07M | 62.61M |
| Trading Asset Securities | 1.63M | 532.00K | 1.56M | |||
| Cash & Short-Term Investments | 70.33M | 52.70M | 18.41M | 84.65M | 42.07M | 62.61M |
| Accounts Receivable | 66.18M | 62.53M | 68.10M | 72.47M | 61.66M | 30.83M |
| Other Receivables | 2.61M | 2.95M | 9.37M | 45.10M | ||
| Receivables | 68.79M | 65.48M | 77.47M | 117.58M | 61.66M | 30.83M |
| Inventory | 485.53M | 539.79M | 590.84M | 609.62M | 372.96M | 143.88M |
| Prepaid Expenses | 40.26M | 48.58M | 80.16M | 61.40M | 71.32M | 32.28M |
| Restricted Cash | 10.19M | 12.65M | 10.49M | 8.66M | 18.88M | 11.34M |
| Total Current Assets | 675.10M | 719.21M | 777.37M | 881.90M | 566.89M | 280.94M |
| Property, Plant & Equipment | 174.79M | 220.56M | 232.05M | 217.20M | 233.67M | 156.25M |
| Long-Term Investments | 385.00K | 67.00K | 128.00K | 326.00K | ||
| Goodwill | 258.95M | 258.95M | 336.60M | 336.60M | 378.59M | 168.49M |
| Other Intangible Assets | 121.93M | 130.20M | 205.39M | 212.32M | 306.47M | 85.29M |
| Long-Term Deferred Tax Assets | 69.65M | 72.59M | 37.28M | 35.07M | 8.43M | 29.11M |
| Other Long-Term Assets | 3.19M | 2.24M | 1.17M | 5.74M | 3.38M | 526.00K |
| Total Assets | 1.30B | 1.40B | 1.59B | 1.69B | 1.50B | 720.61M |
| Accounts Payable | 37.06M | 43.76M | 32.11M | 27.11M | 27.31M | 18.11M |
| Accrued Expenses | 24.27M | 23.53M | 35.82M | 26.87M | 22.13M | |
| Short-Term Debt | 404.66M | 419.68M | 443.39M | 489.02M | 267.11M | 114.23M |
| Current Portion of Long-Term Debt | 23.92M | 77.89M | 7.87M | 29.32M | 21.64M | 11.37M |
| Current Portion of Leases | 16.86M | 16.61M | 15.70M | 14.57M | 12.98M | 9.16M |
| Current Unearned Revenue | 32.56M | 29.28M | 63.95M | 51.65M | 65.46M | 46.61M |
| Other Current Liabilities | 38.54M | 19.79M | 21.17M | 21.46M | 30.73M | 6.02M |
| Total Current Liabilities | 553.59M | 631.30M | 607.72M | 668.95M | 452.10M | 227.63M |
| Long-Term Debt | 324.23M | 335.64M | 418.56M | 428.44M | 421.16M | 103.07M |
| Long-Term Leases | 104.23M | 115.98M | 126.00M | 123.31M | 112.13M | 80.46M |
| Other Long-Term Liabilities | 35.91M | 35.95M | 46.96M | 54.38M | 67.17M | 54.61M |
| Total Liabilities | 1.02B | 1.12B | 1.20B | 1.28B | 1.05B | 465.78M |
| Common Stock | 166.00K | 164.00K | 161.00K | 158.00K | 156.00K | 151.00K |
| Additional Paid-In Capital | 248.29M | 240.48M | 202.92M | 193.02M | 180.30M | 150.82M |
| Retained Earnings | 36.02M | 44.95M | 159.62M | 165.43M | 204.88M | 74.95M |
| Comprehensive Income & Other | 1.58M | -643.00K | -1.90M | 1.00K | -7.00K | |
| Total Common Equity | 286.05M | 284.95M | 360.81M | 358.61M | 385.32M | 225.93M |
| Minority Interest | 29.94M | 55.47M | 59.55M | 28.91M | ||
| Shareholders' Equity | 286.05M | 284.95M | 390.75M | 414.08M | 444.88M | 254.83M |
| Total Liabilities & Equity | 1.30B | 1.40B | 1.59B | 1.69B | 1.50B | 720.61M |
| Total Debt | 873.89M | 965.81M | 1.01B | 1.08B | 835.02M | 318.30M |
| Net Cash (Debt) | -803.56M | -913.12M | -993.12M | -1.00B | -792.95M | -255.69M |
| Net Cash Per Share | -48.60 | -57.54 | -68.09 | -69.79 | -55.31 | -22.51 |
| Filing Date Shares Outstanding | 16.67M | 16.53M | 14.83M | 14.54M | 14.30M | 13.46M |
| Total Common Shares Outstanding | 16.62M | 16.37M | 14.69M | 14.42M | 14.21M | 13.28M |
| Working Capital | 121.51M | 87.92M | 169.65M | 212.95M | 114.79M | 53.31M |
| Book Value Per Share | 17.21 | 17.40 | 24.57 | 24.87 | 27.11 | 17.02 |
| Tangible Book Value | -94.83M | -104.20M | -181.18M | -190.32M | -299.73M | -27.86M |
| Tangible Book Value Per Share | -5.71 | -6.36 | -12.34 | -13.20 | -21.09 | -2.10 |
| Land | 6.32M | 6.32M | 3.27M | 17.67M | 16.03M | |
| Buildings | 24.94M | 24.89M | 22.68M | 42.96M | 21.38M | |
| Machinery | 82.78M | 72.72M | 59.15M | 47.45M | 25.52M | |
| Construction In Progress | 1.97M | 2.64M | 3.81M | 4.02M | 3.77M | |
| Leasehold Improvements | 34.43M | 30.50M | 22.97M | 19.74M | 14.16M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -121.90M | -114.58M | -5.71M | -38.59M | 130.94M | 79.06M |
| Depreciation & Amortization | 16.57M | 21.96M | 20.06M | 26.19M | 16.20M | 5.41M |
| Other Amortization | 3.15M | 2.48M | 2.13M | 600.00K | 100.00K | |
| Loss (Gain) From Sale of Assets | 1.24M | 298.00K | 36.00K | 971.00K | -135.00K | -94.00K |
| Asset Writedown & Restructuring Costs | 158.75M | 145.84M | 539.00K | 147.40M | ||
| Loss (Gain) From Sale of Investments | 61.00K | 61.00K | 198.00K | 446.00K | 1.23M | |
| Stock-Based Compensation | 12.73M | 10.50M | 8.44M | 8.96M | 10.01M | 5.74M |
| Other Operating Activities | -30.42M | -35.01M | 3.06M | -15.02M | 41.39M | 44.61M |
| Change in Accounts Receivable | 5.71M | 15.21M | -1.48M | -10.05M | -3.71M | -9.53M |
| Change in Inventory | 10.80M | 47.91M | 24.64M | -232.28M | -167.18M | 25.29M |
| Change in Accounts Payable | 5.62M | 11.65M | 233.00K | 197.00K | 6.42M | -26.00K |
| Change in Unearned Revenue | -1.36M | -38.86M | 12.04M | -14.82M | 4.40M | 24.05M |
| Change in Other Net Operating Assets | 5.49M | 24.29M | -29.35M | -3.75M | -32.22M | -15.09M |
| Operating Cash Flow | 66.44M | 91.75M | 34.84M | -129.76M | 7.45M | 159.42M |
| Capital Expenditures | -9.69M | -12.02M | -25.92M | -21.25M | -11.40M | -9.90M |
| Sale of Property, Plant & Equipment | 87.00K | 416.00K | 757.00K | 567.00K | 345.00K | 233.00K |
| Cash Acquisitions | 713.00K | -5.71M | -28.88M | -459.54M | -107.47M | |
| Divestitures | 48.73M | 45.10M | 788.00K | |||
| Sale (Purchase) of Intangibles | -495.00K | -714.00K | -909.00K | -2.82M | -4.25M | |
| Investment in Securities | -2.00M | |||||
| Investing Cash Flow | 38.63M | -11.60M | 13.32M | -51.60M | -476.84M | -117.13M |
| Short-Term Debt Issued | 219.69M | 152.87M | ||||
| Long-Term Debt Issued | 27.52M | 43.39M | 30.00M | 412.49M | 30.00M | |
| Total Debt Issued | 22.25M | 27.52M | 43.39M | 249.69M | 565.37M | 30.00M |
| Short-Term Debt Repaid | -23.70M | -45.64M | -23.50M | |||
| Long-Term Debt Repaid | -42.15M | -78.38M | -18.34M | -88.03M | -8.88M | |
| Total Debt Repaid | -127.25M | -65.85M | -124.02M | -18.34M | -88.03M | -32.38M |
| Net Debt Issued (Repaid) | -104.99M | -38.33M | -80.63M | 231.35M | 477.33M | -2.38M |
| Issuance of Common Stock | 1.09M | 1.19M | 1.52M | 2.09M | ||
| Repurchase of Common Stock | -1.59M | -1.85M | -2.64M | -3.55M | -1.98M | -802.00K |
| Common Dividends Paid | -89.00K | -102.00K | -38.00K | -9.48M | -5.01M | |
| Other Financing Activities | -2.61M | -3.54M | -32.26M | -16.14M | -9.47M | -1.24M |
| Financing Cash Flow | -108.11M | -42.61M | -114.11M | 213.72M | 456.40M | -36.50M |
| Foreign Exchange Rate Adjustments | 14.00K | -52.00K | -18.00K | 9.00K | -8.00K | |
| Net Cash Flow | -3.01M | 37.48M | -65.97M | 32.36M | -13.00M | 5.80M |
| Free Cash Flow | 56.75M | 79.73M | 8.92M | -151.01M | -3.96M | 149.53M |
| Free Cash Flow Margin | 3.13% | 4.26% | 0.50% | -7.80% | -0.23% | 12.17% |
| Free Cash Flow Per Share | 3.43 | 5.03 | 0.61 | -10.54 | -0.28 | 13.16 |
| Levered Free Cash Flow | 87.66M | 90.40M | 56.03M | -215.70M | -102.03M | 98.79M |
| Unlevered Free Cash Flow | 124.68M | 130.81M | 100.49M | -178.43M | -90.87M | 103.11M |
| Cash Interest Paid | 55.50M | 61.04M | 75.96M | 49.51M | 14.60M | 6.25M |
| Cash Income Tax Paid | 16.00K | -5.94M | 5.50M | 23.32M | 35.23M | 28.54M |
| Change in Working Capital | 26.27M | 60.20M | 6.08M | -260.71M | -192.29M | 24.69M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 160.66M | 259.31M | 349.73M | 367.83M | 425.55M | 468.91M |
| Enterprise Value | 964.22M | 1.18B | 1.40B | 1.42B | 1.07B | 633.22M |
| Last Close Price | 9.64 | 15.84 | 23.91 | 25.62 | 30.11 | 40.21 |
| PE Ratio | 3.25 | 5.93 | ||||
| Forward PE | 9.92 | 14.26 | 9.53 | 6.49 | 3.01 | 6.07 |
| PS Ratio | 0.09 | 0.14 | 0.20 | 0.19 | 0.24 | 0.38 |
| PB Ratio | 0.56 | 0.91 | 0.90 | 0.89 | 0.96 | 1.84 |
| P/FCF Ratio | 2.83 | 3.25 | 39.20 | 3.14 | ||
| P/OCF Ratio | 2.42 | 2.83 | 10.04 | 57.14 | 2.94 | |
| EV/Sales Ratio | 0.53 | 0.63 | 0.79 | 0.74 | 0.61 | 0.52 |
| EV/EBITDA Ratio | 11.15 | 13.77 | 13.20 | 7.42 | 4.24 | 4.00 |
| EV/EBIT Ratio | 13.79 | 18.52 | 16.28 | 8.60 | 4.53 | 4.14 |
| EV/FCF Ratio | 16.99 | 14.80 | 156.74 | 4.24 | ||
| Debt / Equity Ratio | 3.06 | 3.39 | 2.59 | 2.62 | 1.88 | 1.25 |
| Debt / EBITDA Ratio | 7.17 | 8.14 | 7.45 | 4.95 | 3.04 | 1.83 |
| Debt / FCF Ratio | 15.40 | 12.11 | 113.39 | 2.13 | ||
| Net Debt / Equity Ratio | 2.81 | 3.20 | 2.54 | 2.42 | 1.78 | 1.00 |
| Net Debt / EBITDA Ratio | 9.29 | 10.66 | 9.38 | 5.21 | 3.15 | 1.61 |
| Net Debt / FCF Ratio | 14.16 | 11.45 | 111.32 | -6.62 | -200.44 | 1.71 |
| Asset Turnover | 1.27 | 1.25 | 1.08 | 1.22 | 1.57 | 2.08 |
| Inventory Turnover | 2.77 | 2.55 | 2.22 | 2.85 | 4.61 | 5.92 |
| Quick Ratio | 0.25 | 0.19 | 0.16 | 0.30 | 0.23 | 0.41 |
| Current Ratio | 1.22 | 1.14 | 1.28 | 1.32 | 1.25 | 1.23 |
| Return on Equity (ROE) | -35.89% | -34.40% | -1.54% | -9.11% | 43.62% | 54.38% |
| Return on Assets (ROA) | 3.07% | 2.66% | 3.27% | 6.50% | 13.30% | 16.23% |
| Return on Invested Capital (ROIC) | 6.24% | 4.93% | 6.14% | 12.50% | 21.03% | 30.14% |
| Return on Capital Employed (ROCE) | 9.30% | 8.20% | 8.70% | 16.20% | 22.60% | 31.00% |
| Earnings Yield | -76.51% | -44.19% | -1.63% | -10.49% | 30.77% | 16.86% |
| FCF Yield | 35.33% | 30.75% | 2.55% | -41.05% | -0.93% | 31.89% |
| Payout Ratio | 7.24% | 6.34% | ||||
| Buyback Yield / Dilution | -7.15% | -8.80% | -1.79% | 0.06% | -26.22% | -80.67% |