NASDAQ$ONEW
OneWater Marine Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
OneWater Marine's Q3 2024 performance was impacted by adverse weather in Texas but still outperformed industry, with strategic inventory management and cost structure management.
OneWater Marine Inc. reported a decrease in revenue by 9% to $542 million compared to the previous year. Same-store sales decreased by 8%. Net income was $17 million, or $0.99 per diluted share, with adjusted diluted earnings per share at $1.05. The company focused on managing inventory and expenses amid a weaker market environment.
- Revenue decreased by 9% to $542 million.
- Same-store sales decreased by 8%.
- GAAP net income was $17 million, or $0.99 per diluted share; adjusted diluted earnings per share was $1.05.
- Adjusted EBITDA was $39 million.
Headline financials
Revenue & EPS history
OneWater Marine · Revenue · Quarterly
$542M
Revenue by segment
OneWater Marine · $36.7M total across 2 segments · Q4 2021
- Service, parts & other sales$27M+33.3%73.6%
- Finance & insurance income$9.68M+25.0%26.4%
Forward guidance
OneWater anticipates dealership same-store sales to be down mid-single digits for fiscal year 2024. Adjusted EBITDA is expected to be in the range of $90 million to $100 million and adjusted earnings per diluted share is expected to be in the range of $1.50 to $2.00.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-1.8%
Avg return
Earnings day
-1.3%
Avg return
5 days after
-0.5%
Avg return
30 days after
44%
11 / 25 earnings
Positive
+13.7%
Q1 2025
Best reaction
-28.2%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -7.4% | +7.3% | +9.0% | |
| Q1 2026 | -2.9% | +5.5% | -13.9% | |
| Q4 2025 | -10.2% | -20.8% | -25.5% | |
| Q2 2025 | -8.5% | -17.4% | -1.6% | |
| Q1 2025 | +13.7% | +16.8% | +7.9% | |
| Q4 2024 | -15.6% | -18.8% | -10.8% | |
| Q3 2024 | -19.0% | -26.8% | -21.4% | |
| Q2 2024 | +12.6% | +12.0% | +28.2% | |
| Q1 2024 | +7.3% | +3.0% | +4.0% | |
| Q4 2023 | -1.9% | -1.3% | +19.1% | |
| Q3 2023 | -28.2% | -27.9% | -28.2% | |
| Q2 2023 | +8.4% | +12.4% | +20.1% | |
| Q1 2023 | -12.0% | -12.2% | -15.2% | |
| Q4 2022 | -7.7% | -6.1% | -6.3% | |
| Q3 2022 | +7.5% | +4.5% | +6.1% | |
| Q2 2022 | +2.3% | +3.5% | -1.1% | |
| Q1 2022 | -2.9% | +2.9% | -2.1% | |
| Q4 2021 | +7.2% | +7.3% | -2.9% | |
| Q3 2021 | +6.2% | +4.0% | -7.2% | |
| Q2 2021 | -0.4% | +7.1% | -4.2% | |
| Q1 2021 | +7.0% | +0.3% | +5.9% | |
| Q4 2020 | +1.9% | +15.5% | +16.7% | |
| Q3 2020 | -11.5% | -6.2% | +2.8% | |
| Q2 2020 | +9.8% | +17.5% | +70.2% | |
| Q1 2020 | -0.5% | -15.2% | -61.7% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2017 | — | — | — |
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