Onewater Marine Inc. (ONEW)
NASDAQ (NMS) NASDAQ (NMS) Primary 
OneWater Marine: Cheap, But Not Attractive Yet
OneWater Marine reported fairly good stability in fiscal Q3 despite the company missing Wall Street estimates. Revenues declined slightly, but considering the industry environment, ONEW's sales performance was impressively resilient. ONEW's margins have started to stabilize despite weak sales.
OneWater Marine Q3 Earnings Call Highlights
OneWater Marine NASDAQ: ONEW reported fiscal third-quarter revenue of $531 million, down 4% from the prior-year period, while gross margin expanded and adjusted EBITDA increased as the dealership operator continued to manage inventory, costs and debt during a challenging retail environment.
OneWater Marine Inc. (ONEW) Q3 2026 Earnings Call Transcript
OneWater Marine Inc. (ONEW) Q3 2026 Earnings Call Transcript
OneWater Marine (ONEW) Misses Q3 Earnings and Revenue Estimates
OneWater Marine (ONEW) came out with quarterly earnings of $0.73 per share, missing the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.79 per share a year ago.
OneWater Marine (ONEW) Surges 5.0%: Is This an Indication of Further Gains?
OneWater Marine (ONEW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
OneWater Marine: Riding The K-Shaped Yacht Economy
OneWater Marine remains a 'Hold' as it shifts from serial acquisition to deleveraging and slow premiumization, improving its balance sheet and margins. ONEW's Q1 revenue from new boats fell 12%, but higher-priced yacht sales and improved used boat margins lifted gross margin to 23.8%, a two-year high. The $50 million Ocean Bio-Chem sale and disciplined FCF deployment reduced net LT debt/EBITDA to ~4.1x, below the 4.5x target.
OneWater Marine Inc. (ONEW) Q2 2026 Earnings Call Transcript
OneWater Marine Inc. (ONEW) Q2 2026 Earnings Call Transcript
OneWater Marine (ONEW) Soars 14.5%: Is Further Upside Left in the Stock?
OneWater Marine (ONEW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
OneWater Marine: The Two Changes I Suggested Are Happening (Rating Upgrade)
OneWater Marine has executed on divestments and deleveraging, selling underperforming dealerships and reducing long-term debt, aligning with my prior recommendations. ONEW's sales mix has shifted toward higher-margin premium new boats and a surge in pre-owned sales, supporting gross margin resilience amid a challenging macro backdrop. Despite a double beat, ONEW remains highly cyclical, with inventory turnover concerns and floorplan financing risk; valuation appears stretched at ~16x EV/EBITDA on FY 2026 guidance.
OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript
OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript
OneWater Marine (ONEW) Reports Q1 Loss, Lags Revenue Estimates
OneWater Marine (ONEW) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to a loss of $0.54 per share a year ago.
OneWater Marine: Deleveraging Needed As Guidance Signals More Pain Ahead
OneWater Marine faces severe headwinds from high leverage, cyclical downturns, and challenging macro conditions, resulting in a 30% stock decline. ONEW's long-term debt sits at ~5.1x adjusted EBITDA, with floorplan financing and illiquid inventory exacerbating risk in a tough discretionary spending environment. Management's FY 2026 guidance signals flat-to-down revenues, wide EBITDA ranges, and margin compression below 4%, justifying a continued bearish stance.
