Marinemax vs Miniso Group Holding
Miniso Group Holding is the larger business, with $2.98bn of revenue in fiscal 2025 against $2.31bn for Marinemax (1.3 times as much). Miniso Group Holding grew faster (26.3% against -5.0%). Miniso Group Holding kept more of each dollar of sales as profit: a net margin of 5.6% against -1.4%. Miniso Group Holding carries less debt relative to equity (67.5% against 118.3%).
| Latest fiscal year | MarinemaxHZO, 2025 | Miniso Group HoldingMNSO, 2025 |
|---|---|---|
| Revenue | $2.31bn | $2.98bn |
| Revenue growth | -5.0% | 26.3% |
| Net income | −$31.6m | $168m |
| Operating margin | 1.5% | 15.4% |
| Net margin | -1.4% | 5.6% |
| Return on equity | -3.3% | 11.4% |
| Free cash flow | $11.9m | — |
| Cash | $170m | $975m |
| Total debt | $1.11bn | $1.02bn |
| Debt to equity | 118.3% | 67.5% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $27.5m | $74.5m |
| Employees | 3,385 | — |
| Market value | $1.16bn | $3.15bn |
| Price vs our value range | — | Below our value range |
| Moat score | 40 (Weak) | — |
| Insider trades, 12 months | 0 buys, 0 sales | 7 buys, 0 sales |