OneWater Marine Inc.
ONEW Nasdaq· Retail-Auto & Home Supply Stores
Last close · Oct 26, 2026
$9.49
KIRA · Stoqly’s AI analyst, in plain words
- OneWater Marine Inc. had $1.9B of revenue in fiscal 2025, up 5.6% on the year before. Over five years, revenue changed +12.9% a year on average.
- Its operating margin was −4.6%, down 8.2 pts: of every 100 in sales, about −5 is left after running the business.
- OneWater Marine Inc. lost $115M in fiscal 2025.
- Free cash flow was $79.7M in fiscal 2025, 4.3% of revenue.
- OneWater Marine Inc. returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow.
- OneWater Marine Inc. owes $347M more than it holds in cash.
Market cap
—
P/E
—
Revenue
$1.9B
Net income
−$115M
Free cash flow
$79.7M
Operating margin
−4.6%
OneWater Marine Inc. in 30 seconds · fiscal 2025
Are sales growing?
+5.6%
Yes. Sales grew 5.6% last year.
Does it make a profit?
−6.1%
No. It lost money last year.
Does profit turn into cash?
4.3%
Partly. 4.3% of sales ends up as free cash.
How healthy are the accounts?
3 / 8
Weak. It passes 3 of 8 health tests.
What OneWater Marine Inc. does
No business description yet.
- Fiscal year ends
- September 30, 2025
- Latest annual report
- 10-K · Dec 15, 2025
- Legal name
- OneWater Marine Inc.
- CIK
- 0001772921
OneWater Marine Inc. · ONEW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.2B | $1.7B | $1.9B | $1.8B | $1.9B |
| Revenue growth | 20.1% | 42.1% | 11.0% | −8.5% | 5.6% |
| Gross margin | 29.1% | 31.7% | 27.6% | 24.5% | 22.8% |
| Operating margin | 12.1% | 12.5% | 0.9% | 3.7% | −4.6% |
| Net income | $79.1M | $131M | −$38.6M | −$5.7M | −$115M |
| Net margin | 6.4% | 7.5% | −2.0% | −0.3% | −6.1% |
| Cash | |||||
| Cash from operations | $159M | $7.4M | −$130M | $34.8M | $91.8M |
| Capital expenditure | $9.9M | $11.4M | $21.3M | $25.9M | $12.0M |
| Free cash flow | $150M | −$4.0M | −$151M | $8.9M | $79.7M |
| FCF margin | 12.2% | −0.2% | −7.8% | 0.5% | 4.3% |
| Dividends paid | $1.0M | $0.0M | $0.0M | — | — |
| Share buybacks | $0.0M | $0.4M | $1.6M | $0.0M | $0.0M |
| Debt and strength | |||||
| Cash and short-term investments | $73.9M | $60.9M | $93.3M | $27.3M | $64.8M |
| Debt incl. finance leases | $114M | $443M | $458M | $423M | $412M |
| Shareholders' equity | $226M | $385M | $359M | $361M | $285M |
| Net debt / EBITDA | 0.3x | 1.6x | 8.1x | 4.5x | — |
| Current ratio | 1.2x | 1.3x | 1.3x | 1.3x | 1.1x |
| Interest coverage | 34.3x | 16.5x | 0.5x | 1.7x | −2.4x |
| Returns and quality | |||||
| Return on capital | 45.7% | 22.1% | 2.0% | 6.8% | −10.7% |
| Return on equity | 45.3% | 42.8% | −10.4% | −1.6% | −35.5% |
| Piotroski F-score | 6 | 4 | 2 | 4 | 3 |
| Altman Z'' | 2.7 | 2.3 | 1.5 | 1.6 | 0.4 |
Insiders bought, 12 months
$1.0M
2 insiders
Insiders sold, 12 months
$4.5M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
OneWater Marine Inc. · ONEW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $9.49 a share, the company is worth —.
Source: SEC EDGAR XBRL filings (CIK 0001772921). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.