National Vision Holdings vs Marinemax
Marinemax is the larger business, with $2.31bn of revenue in fiscal 2025 against $1.99bn for National Vision Holdings (1.2 times as much). National Vision Holdings grew faster (9.0% against -5.0%). National Vision Holdings kept more of each dollar of sales as profit: a net margin of 1.5% against -1.4%. National Vision Holdings carries less debt relative to equity (28.3% against 118.3%).
| Latest fiscal year | National Vision HoldingsEYE, 2025 | MarinemaxHZO, 2025 |
|---|---|---|
| Revenue | $1.99bn | $2.31bn |
| Revenue growth | 9.0% | -5.0% |
| Net income | $29.6m | −$31.6m |
| Operating margin | 3.0% | 1.5% |
| Net margin | 1.5% | -1.4% |
| Return on equity | 3.5% | -3.3% |
| Free cash flow | $73.5m | $11.9m |
| Cash | $38.7m | $170m |
| Total debt | $246m | $1.11bn |
| Debt to equity | 28.3% | 118.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $3.2m | $27.5m |
| Employees | 13,138 | 3,385 |
| Market value | $1.32bn | $1.16bn |
| Price vs our value range | Above our value range | — |
| Moat score | 34 (Weak) | 40 (Weak) |
| Insider trades, 12 months | 1 buys, 3 sales | 0 buys, 0 sales |