MBUU · Malibu Boats, Inc.
$23.01
+0.18 (+0.79%)
At close · Oct 2
Return incl. dividend (before tax)
Market Cap
$474.03M
Shares
19.68M
Volume · Oct 2
175.33K
Avg daily vol (3M)
228.48K
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$23.01
Open$23.21
Day$22.91–23.32
52W close$22.83–34.61
Avg vol 30d264K
Short int1.4M · 7.3% float · 5.5d
Short vol54%
Last earningsAug 27, 2026
DataJan 2020–Oct 2026
Filing10-K · Aug 27
Up next
Next earnings call
Nov 30, 2026
Est · unconfirmed
· in 8 wks
filed Aug 27, 2026
call held Aug 27, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$914.59M
Trailing 12 months
Net income (TTM)
$1.71M
Trailing 12 months
Revenue growth YoY
+42.7%
Year over year
Operating margin
0.3%
Trailing 12 months
P / E (TTM)
253.7
Trailing earnings · reciprocal yield 0.4%
FCF yield
9.0%
TTM · current market cap
Return on invested capital
0.4%
Trailing 12 months
Net cash
−$90.58M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
-2.8%
Year over year · fewer shares
Price change (1Y)
-30.7%
Trailing year
Short interest
7.3%
Latest settlement · 5.5 days to cover
AI Brief
Q4 FY26 earnings call · Aug 27, 2026
Q4 FY26
TL;DR. Malibu Boats reported a strong Q4 with 42.7% sales growth and 190 bps gross margin expansion, driven by Saxdor's first full quarter and unit volume gains, and issued fiscal 2027 guidance of $1.08B–$1.12B in sales and $101M–$109M in adjusted EBITDA. However, full-year GAAP net income fell 88.8% due to Saxdor acquisition costs, and full-year gross margin compressed 180 bps on inflationary input costs.
Bullish
- + Q4 net sales rose 42.7% to $295.5M with adjusted EBITDA up 72.7% to $33.9M and margin expanding 200 bps
- + Saxdor's first full quarter beat guidance, contributing $61.2M of revenue ahead of the $57M–$59M range
- + Fiscal 2027 guidance calls for $1.08B–$1.12B in sales and $101M–$109M in adjusted EBITDA, a meaningful step up
- + Refinanced credit facility extends maturity to July 2031 with $100M term loan plus $250M revolver
- + Board authorized a new $70M share repurchase program for fiscal 2027 after buying back $33.9M of stock at $27.34 average
- + Dealer inventory decreased over the year, entering fiscal 2027 healthier than fiscal 2026 began
Bearish
- − Full-year gross margin contracted 180 bps to 16.0% on higher per unit material and labor costs
- − Full-year adjusted EBITDA margin compressed to 8.1% from 9.3%, with adjusted EBITDA down 1.1%
- − Q4 G&A expense rose 68.8% to $31.8M, increasing 170 bps as a percentage of sales, driven by Saxdor acquisition costs
- − Legacy unit volume for fiscal 2026 was down 4.1% across the three legacy segments on softer retail and macro pressure on payment buyers
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Bearish
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−17%
below
Price vs 50-day avg
−14%
below
RSI (14)
37
neutral
MACD trend
Positive
52-week position
2%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−14%
trailing
6-month return
−11%
trailing
YTD return
−18%
this year
Relative strength
−23%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $27 › 200d $28 — 200d above 50d
Institutional flow
Distributing
2 of 142 funds reported for Sep 30 · net -358 sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
7.30% of float · ▲ +1.9% MoM · 5.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
142 holders — mid 3-yr range
Squeeze score
58
elevated · 0–100
Fundamentals
Revenue growth
+13%
Y/Y
Gross margin
16%
contracting
EPS growth
−88%
Y/Y
Free cash flow
$42.8M
Valuation
P/E 267.7
rich
Buyback
$290.0M
authorized
Balance sheet
$90.6M
net debt
Quant / Vol
risk profile
Volatility
49%
annualized · 1-yr
Max drawdown
−34%
past year
ATR
4.1%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 27, 2026
Net sales
· full fiscal year 2027
Initiated
$1.08B – $1.12B
prior FY $914.59M
midpoint +20.3% Y/Y
Adjusted EBITDA
· full fiscal year 2027
Non-GAAP
Initiated
$101M – $109M
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−17%
Bearish
Price vs 50-day avg
−14%
Bearish
RSI (14)
37
Neutral
MACD trend
Positive
Bullish
52-week position
2%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $27 › 200d $28 — 200d above 50d
Institutional flow
Distributing
2 of 142 funds reported for Sep 30 · net -358 sh shares · +1 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
7.30% of float · ▲ +1.9% MoM · 5.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
142 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $23
Now $23 · 2%
Range high $35
vs 200-day avg -17%
vs 50-day avg -14%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $73.9M | Fiscal Year Ended June 30, 2026 | — |
| Adjusted EBITDA margin non-GAAP | 8.1% | fiscal year 2026 | — |
| Adjusted net income per share non-GAAP | $1.52 | fiscal year ended June 30, 2026 filing | — |
| Available for borrowing under revolving credit facility | $183.2M | fiscal year 2026 filing | — |
| Capital expenditures | $24.7M | fiscal year 2026 filing | — |
| Cobalt unit volume | 1,335 | Fiscal Year Ended June 30, 2026 filing | — |
| Free cash flow non-GAAP | $43.2M | Fiscal Year Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities $67.51M
-$24.66M Capital expenditures
+$352K Proceeds from the sale of property, plant and equipment
= Free cash flow $43.2M
|
|||
| Net sales per unit | $184,990 | fiscal year 2026 | +12.2% |
|
|
|||
| Net sales per unit for the Cobalt segment | $174,812 | fiscal year 2026 | — |
| Net sales per unit for the Malibu segment | $145,538 | fiscal year 2026 | — |
| Net sales per unit for the Saltwater Fishing segment | $234,135 | fiscal year 2026 | — |
| Net sales per unit for the Saxdor segment | $342,695 | since acquisition on March 2, 2026 | — |
| OneWater Marine, Inc. dealer share of consolidated sales for Cobalt in fiscal year 2026 | 23.7% | fiscal year 2026 filing | — |
| OneWater Marine, Inc. dealer share of consolidated sales for Malibu in fiscal year 2026 | 9.4% | fiscal year 2026 filing | — |
| OneWater Marine, Inc. dealer share of consolidated sales for Saltwater Fishing in fiscal year 20 | 42% | fiscal year 2026 filing | — |
| Our top ten dealers represented percentage of our net sales for fiscal year 2026 | 62.4% | fiscal year 2026 filing | — |
| Outstanding borrowings under revolving credit facility | $165M | fiscal year 2026 filing | — |
| Outstanding letters of credit | $1.8M | fiscal year 2026 filing | — |
| Repurchases under repurchase agreements in fiscal year 2024 | 17 | fiscal year 2024 filing | — |
| Repurchases under repurchase agreements in fiscal year 2025 | 22 | fiscal year 2025 filing | — |
| Sales to dealers under common control of OneWater Marine, Inc. of consolidated net sales in fisc | 22.3% | fiscal year 2026 filing | -9.7% |
|
|
|||
| Saltwater Fishing unit volume | 1,213 | Fiscal Year Ended June 30, 2026 filing | — |
| Saxdor unit volume | 246 | Fiscal Year Ended June 30, 2026 filing | — |
| The top ten dealers for the Cobalt segment of net sales in fiscal year 2026 | 57.5% | fiscal year 2026 filing | — |
| The top ten dealers for the Malibu segment of net sales in fiscal year 2026 | 49.1% | fiscal year 2026 filing | — |
| The top ten dealers for the Saltwater Fishing segment of net sales in fiscal year 2026 | 80.8% | fiscal year 2026 filing | — |
| The top ten dealers for the Saxdor segment of net sales in fiscal year 2026 | 63.2% | fiscal year 2026 filing | — |
| Total Segment Adjusted EBITDA non-GAAP | $97.43M | Fiscal Year Ended June 30, 2026 filing | — |
| Total Units | 4,944 | Fiscal Year Ended June 30, 2026 filing | +0.9% |
|
|
|||
| Unit volume | 4,944 | Fiscal Year Ended June 30, 2026 | — |
| US shipments made pursuant to floor plan financing programs in fiscal year 2026 | 80% | fiscal year 2026 filing | — |
| Volume by Segment - Malibu | 2,150 | Fiscal Year Ended June 30, 2026 filing | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Recreational Vehicles — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
MBUU
this stock
Malibu Boats, Inc.
|
$474.03M | -18.4% | +13.3% | 267.7 | 7.3% |
|
BC
Brunswick Corp
|
$4.21B | -11.9% | +2.4% | — | 7.6% |
|
DOO
BRP Inc.
|
$3.91B | -20.9% | — | — | 1.9% |
|
THO
Thor Industries Inc
|
$3.72B | -32.3% | +0.3% | 21.4 | 10.7% |
|
PII
Polaris Inc.
|
$3.02B | -15.1% | -0.3% | — | 7.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| MBUU | -4.5% | -13.8% | -10.9% | +0.4% | -18.4% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | -4.3% | -13.3% | -23.1% | -0.5% | -31.3% |
Capital returns
Buyback programs
· 4 active
· as of Jun 23, 2026
Authorized (total)
$290.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.