MBUUMALIBU BOATS, INC.
Ship & Boat Building & Repairing
- Revenue
- $915M
- 13% YoY
- Operating margin
- 0.3%
- 87% YoY
- EBITDA
- $36M
- 32% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 2.5×
- $91M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear40× net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear50% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear8% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $829M | $808M | $915M | 13% |
| Operating income | $214M | $145M | −$56M | $22M | $3M | 86% |
| Net income | $163M | $108M | −$56M | $15M | $2M | 89% |
| Operating cash flow | $165M | $185M | $56M | $57M | $68M | 19% |
| Capex | $55M | $55M | $76M | $28M | $25M | 12% |
| Stock-based comp | $6M | $6M | $5M | $6M | $6M | 5.3% |
| Buybacks | $35M | $8M | $29M | $36M | $34M | 5.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | — | — | 37 | 43 |
| FY2025 | — | — | 43 | 55 |
| FY2024 | — | — | 48 | 68 |
| FY2023 | — | — | 80 | 86 |
| FY2022 | — | — | 72 | 72 |