OneWater Marine Inc. (ONEW) AI Stock Analysis

OneWater Marine Inc. is a prominent player in the recreational boating industry, focusing on retail operations across the United States. Founded in 2014 and headquartered in Buford, Georgia, the company offers new and pre-owned recreational boats and yachts, marine accessories, parts, and related services. Beyond boat sales, OneWater Marine provides boat repair and maintenance, financing, and insurance solutions. Ancillary offerings encompass indoor and outdoor boat storage, marina facilities, and boat and personal watercraft rentals. Through a strategic network and a customer-centric approach, the company delivers comprehensive support to boating enthusiasts nationwide.

Revenue increased from $1.23B in FY2021 to $1.87B in FY2025, posting a five-year revenue CAGR of 12.9% from FY2020 to FY2025. Gross margin contracted from 29.1% in FY2021 to 21.7% in FY2025, while operating margin declined from 12.1% to 3.3%. Net income shifted from $79.1M in FY2021 to -$114.6M in FY2025, with EPS dropping from $7.22 to -$6.52. In the latest quarter ended June 30, 2026, revenue decreased 4.0% year-over-year, while quarterly earnings grew 6.2%. Trailing twelve-month operating margin stands at 6.8%.

As of June 30, 2026, OneWater Marine held $68.7M in cash and short-term investments alongside total debt of $873.9M, leaving net debt at $805.2M. The company reports a current ratio of 1.22 and a debt-to-equity ratio of 3.06 on shareholders' equity of $286.1M. In FY2025, operating cash flow was $91.8M and free cash flow was $79.0M, supporting capital expenditures of $12.7M. Dividends paid in FY2025 totaled $275,000, while the share count increased 23.2% over five years.

At $9.45 per share, OneWater Marine trades at a price-to-sales multiple of 0.1x compared to the median of its US-listed Consumer Cyclical peers of 0.7x. Its EV-to-EBITDA ratio of 16.0x is higher than the peer median of 11.1x, and its price-to-book ratio is 0.6x. The stock has fallen 36.9% over the past year and 77.3% over five years, lagging the S&P 500 (SPY), which gained 16.8% and 83.0% over those respective periods.

Consensus ratings include 3 Strong Buy, 0 Buy, 3 Hold, and no Sell recommendations. The mean price target is $13.33, which is 41.1% above the last close of $9.45. For the current fiscal year ending September 30, 2026, analysts estimate revenue of $1.79B and EPS of $0.47. For the next fiscal year, 5 analysts expect revenue of $1.84B and EPS of $1.24. OneWater Marine has beaten EPS estimates in 1 of the last 4 quarters, with its next earnings release scheduled for November 12, 2026.

This page is an AI-written research summary of OneWater Marine Inc. (ONEW). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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