Flagship explainer

What drives MARINEMAX, INC.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−3%Tax burden85%net income ÷ pretax incomeInterest burden−109%pretax ÷ operating incomeOperating margin1%operating income ÷ revenueAsset turnover0.91×revenue ÷ average assetsEquity multiplier2.65×average assets ÷ average equityAs of 2025-09-30 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$31.6MFY2025
Income before tax−$37.1MFY2025
Operating income$34MFY2025
$2.3BFY2025
Ending assets$2.5BFY2025
Beginning assets$2.6BFY2024
$937MFY2025
$976MFY2024
Source: · event Sep 30, 2025 · retrieved Jul 26, 2026 · annual-row source set
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