Johnson Outdoors vs Malibu Boats
Malibu Boats is the larger business, with $915m of revenue in fiscal 2026 against $592m for Johnson Outdoors (1.5 times as much). Malibu Boats grew faster (13.3% against -0.1%). Malibu Boats kept more of each dollar of sales as profit: a net margin of 0.2% against -5.8%.
| Latest fiscal year | Johnson OutdoorsJOUT, 2025 | Malibu BoatsMBUU, 2026 |
|---|---|---|
| Revenue | $592m | $915m |
| Revenue growth | -0.1% | 13.3% |
| Net income | −$34.3m | $1.7m |
| Operating margin | -2.7% | — |
| Net margin | -5.8% | 0.2% |
| Return on equity | -7.8% | 0.3% |
| Free cash flow | $40.2m | $42.8m |
| Cash | $176m | $74.4m |
| Total debt | $0 | $165m |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | 2.7% | — |
| Share buybacks | $121,000 | $33.9m |
| Employees | 1,300 | 3,000 |
| Market value | $487m | $480m |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | 53 (Moderate) | 59 (Moderate) |
| Insider trades, 12 months | 0 buys, 8 sales | 0 buys, 0 sales |