HIGHBuilt-inProduct / Revenue mix
60.9%
new boat sales
“10-K Item 1: 'new boat sales, including sales of Cruisers Yachts and Intrepid Powerboats, accounted for approximately 60.9% or $1.407 billion of our revenue'”
HZO · Concentration risk · 10-K extracted
MarineMax, Inc. (FL) (HZO) concentration risks
Updated
The most significant concentration MarineMax, Inc. (FL) discloses is new boat sales at 60.9%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: MarineMax, Inc. (FL)’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM0
LOW2
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
LOWOutside partySupplier
18%
Brunswick
“10-K Item 1A: 'Approximately 18% of our revenue in fiscal 2025 resulted from sales of new boats manufactured by Brunswick'”
LOWOutside partySupplier
6%
Azimut-Benetti Group
“10-K Item 1A: 'approximately 6% of our revenue in fiscal 2025 resulted from sales of new boats manufactured by Azimut-Benetti Group'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06MarineMax's concentration profile is led by one large, structural exposure: new boat sales, including Cruisers Yachts and Intrepid Powerboats, accounted for approximately 60.9% of revenue — a reflection of the company's core business model as a boat retailer rather than a dependency risk. Layered beneath that is supplier concentration: approximately 18% of fiscal 2025 revenue came from new boats manufactured by Brunswick, and a further 6% from Azimut-Benetti Group. Both are disclosed as low-share dependencies, meaning no single manufacturer relationship currently represents an outsized share of the business. Together, these exposures suggest a company whose revenue is inherently product-concentrated, as new boat sales dominate by design, but whose supplier base, while including two named manufacturers, is not narrowly dependent on either — Brunswick and Azimut-Benetti combined still leave the large majority of new boat sales spread across other brands. The structural product concentration is the one line worth watching given its size, since a broad slowdown in new boat demand would flow directly through revenue, while the Brunswick and Azimut-Benetti supplier relationships look manageable at their disclosed low shares.
For the engine’s reasoning on HZO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Specialty Retail
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ARKO | ARKO Corp. | 1 | 2 | 0 | 3 |
| HZO● | MarineMax, Inc. (FL) | 1 | 0 | 2 | 3 |
| BBWI | Bath & Body Works, Inc. | 0 | 3 | 1 | 4 |
| ARHS | Arhaus, Inc. | 0 | 1 | 1 | 2 |
| ASO | Academy Sports and Outdoors, In | 0 | 1 | 0 | 1 |
| BBY | Best Buy Co., Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.