OneWater Marine Inc.

NasdaqGM:ONEW Stock Report

Market Cap: US$182.0m

OneWater Marine Management

Management criteria checks 2/4

OneWater Marine's CEO is Anthony Aisquith, appointed in Apr 2019, has a tenure of 7.25 years. total yearly compensation is $4.55M, comprised of 17.6% salary and 82.4% bonuses, including company stock and options. directly owns 5.43% of the company’s shares, worth $9.89M. The average tenure of the management team and the board of directors is 7.3 years and 6.2 years respectively.

Key information

Anthony Aisquith

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage17.60%
CEO tenure7.3yrs
CEO ownership5.4%
Management average tenure7.3yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Narrative Update Jun 25

ONEW: Unified Price Reset Will Support Future Upside From Stable Fair Value

Analysts have lowered their OneWater Marine price targets by $2, reflecting updated views on the company that are now broadly aligned across recent research reports. Analyst Commentary Recent research on OneWater Marine points to a tighter consensus on valuation, with several firms trimming their price targets by the same US$2 amount.
Narrative Update Jun 06

ONEW: Higher Required Returns Will Support Future Upside From Stable Fair Value

Analysts have trimmed their price targets on OneWater Marine by $2, citing slightly higher required returns and more conservative profit and P/E assumptions, while keeping the fair value estimate at $13.50. Analyst Commentary Recent research updates around OneWater Marine focus on slightly higher required returns from investors and more conservative profit and P/E assumptions.
Seeking Alpha May 23

OneWater Marine: Riding The K-Shaped Yacht Economy

Summary OneWater Marine remains a 'Hold' as it shifts from serial acquisition to deleveraging and slow premiumization, improving its balance sheet and margins. ONEW's Q1 revenue from new boats fell 12%, but higher-priced yacht sales and improved used boat margins lifted gross margin to 23.8%, a two-year high. The $50 million Ocean Bio-Chem sale and disciplined FCF deployment reduced net LT debt/EBITDA to ~4.1x, below the 4.5x target. ONEW trades near fair value at 8.4x adjusted EBITDA; continued deleveraging and premiumization should drive modest outperformance, but no near-term catalysts are expected. Read the full article on Seeking Alpha
Narrative Update May 05

ONEW: Higher Future P/E Assumptions Will Support Long Term Upside Potential

Analysts have trimmed their fair value estimate for OneWater Marine from $17.00 to $13.50, reflecting updated views on revenue growth, profit margin expectations, and a higher assumed future P/E multiple. These changes have also led several firms to lower their price targets by $2.00.
Analysis Article Jan 16

Revenues Not Telling The Story For OneWater Marine Inc. (NASDAQ:ONEW) After Shares Rise 31%

Those holding OneWater Marine Inc. ( NASDAQ:ONEW ) shares would be relieved that the share price has rebounded 31% in...
Analysis Article Nov 26

Risks Still Elevated At These Prices As OneWater Marine Inc. (NASDAQ:ONEW) Shares Dive 31%

The OneWater Marine Inc. ( NASDAQ:ONEW ) share price has fared very poorly over the last month, falling by a...
Analysis Article Oct 26

Is OneWater Marine (NASDAQ:ONEW) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Aug 17

Calculating The Fair Value Of OneWater Marine Inc. (NASDAQ:ONEW)

NasdaqGM:ONEW 1 Year Share Price vs Fair Value Explore OneWater Marine's Fair Values from the Community and select...
Analysis Article Jul 24

What Is OneWater Marine Inc.'s (NASDAQ:ONEW) Share Price Doing?

While OneWater Marine Inc. ( NASDAQ:ONEW ) might not have the largest market cap around , it saw a significant share...
Analysis Article Jul 03

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
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New Narrative Jun 01

Premium Demand And Digital Engagement Will Shape Future Markets

Focus on premium products, digital engagement, and consolidation enhances customer retention and positions for growth as industry conditions improve.
Analysis Article Jan 13

What You Can Learn From OneWater Marine Inc.'s (NASDAQ:ONEW) P/S After Its 29% Share Price Crash

Unfortunately for some shareholders, the OneWater Marine Inc. ( NASDAQ:ONEW ) share price has dived 29% in the last...
Analysis Article Oct 24

OneWater Marine Inc.'s (NASDAQ:ONEW) Earnings Haven't Escaped The Attention Of Investors

It's not a stretch to say that OneWater Marine Inc.'s ( NASDAQ:ONEW ) price-to-sales (or "P/S") ratio of 0.2x right now...
Seeking Alpha Oct 09

Don't Wait For The Crash: Sell OneWater Marine Before It Sinks Further

Summary OneWater Marine, a $310M marine retailer with high-end products, is financially vulnerable due to cyclical demand, extreme weather risks, and high debt without a clear risk mitigation strategy. ONEW faced a challenging Q3 2024 with an 8.73% revenue decline due to soft demand and significant revenue losses from adverse weather in Texas, heavily affecting sales on all fronts. Hurricane Helene has disrupted OneWater Marine's Gulf Coast operations, threatening further revenue losses in Q4 and compounding the company's weather-related vulnerabilities. The stock appears significantly overvalued compared to its peers, with inflated price multiples and weak financial performance, warranting a strong sell recommendation. Read the full article on Seeking Alpha
Analysis Article Sep 18

OneWater Marine (NASDAQ:ONEW) Has No Shortage Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Aug 01

OneWater Marine Inc. Just Missed EPS By 54%: Here's What Analysts Think Will Happen Next

OneWater Marine Inc. ( NASDAQ:ONEW ) missed earnings with its latest quarterly results, disappointing overly-optimistic...
Seeking Alpha Jul 23

OneWater Marine: Interesting MarineMax M&A And Q3 News Ahead

Summary OneWater Marine Inc. is going to soon report Q3 earnings, with the guidance and Wall Street suggesting a gradual starting recovery that I believe should be taken with skepticism. Speculation around a potential merger with MarineMax has emerged, and potential news of an acquisition could come soon with ICG's interest in the assets. The ONEW stock is moderately undervalued, but with a reasonable margin of safety considering the potential near-term guidance miss. Read the full article on Seeking Alpha
Seeking Alpha Jul 05

Navigating Challenges And Opportunities In OneWater Marine's Financial Landscape

Summary OneWater Marine is a dominant player in the marine industry, with a profitable future despite competition and economic instability. The company's financial performance shows a decrease in revenue, but an increase in pre-owned boat sales, with efforts to improve profitability through cost-cutting. Opportunities for OneWater Marine include acquisitions to expand coverage, stabilization of finance and insurance sales, while challenges include pressure in distribution and external economic factors. Read the full article on Seeking Alpha
Analysis Article Jun 07

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 01

More Unpleasant Surprises Could Be In Store For OneWater Marine Inc.'s (NASDAQ:ONEW) Shares After Tumbling 26%

OneWater Marine Inc. ( NASDAQ:ONEW ) shareholders won't be pleased to see that the share price has had a very rough...
Seeking Alpha Apr 05

OneWater Marine: Solid Business With M&A Strategy Priced Attractively

Summary ONEW’s revenue has grown impressively at a CAGR of +36%, accelerated by an aggressive M&A strategy. The company has developed a compelling competitive position, underpinned by strong geographical reach and relationships with manufacturers. We expect value to be extracted through further M&A as well as optimizing its existing operations. Even if industry growth slows, ONEW could deliver ~10% on the top-line. ONEW is competitive relative to its peers, despite trading at a discount of ~100%. We see considerable value in this region. ONEW is trading at a FCF yield of ~13%, much of which will be utilized for accretive M&A, as Management targets an acquisition multiple of 4x EBITDA while trading at ~9x currently. Read the full article on Seeking Alpha
Analysis Article Jan 27

Is OneWater Marine (NASDAQ:ONEW) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Jan 22

OneWater Marine: I'm A Little More Cautious Now, But Still A 'Buy' (FY2023 Update)

Summary OneWater Marine operates as a recreational boat retailer in the United States. They offer new and pre-owned boat sales, finance and insurance products, as well as other related services. In November 2023, the company announced the results of its fiscal year. Despite double-digit growth, profitability was very poor. The poor results are due to a combination of margins normalizing and lower demand, but as soon as demand reactivates, there should be an interesting cyclical swing. The company trades at ∼4.6x EV/EBITDA, making it a deep value idea. Read the full article on Seeking Alpha
Analysis Article Aug 06

OneWater Marine Inc.'s (NASDAQ:ONEW) Intrinsic Value Is Potentially 33% Above Its Share Price

Key Insights OneWater Marine's estimated fair value is US$35.60 based on 2 Stage Free Cash Flow to Equity OneWater...
Analysis Article May 10

We Think OneWater Marine (NASDAQ:ONEW) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Seeking Alpha Oct 11

OneWater Marine to acquire Gulf Coast marine dealership

OneWater Marine (NASDAQ:ONEW) has agreed to acquire Harbor View Marine. The transaction is expected to close in the first quarter of fiscal 2023. Harbor View Marine is said to be the Gulf Coast's largest locally-owned marine dealership. It owns an on-water marina in Pensacola, Florida and roadside location in Orange Beach, Alabama. In addition to new and used boat sales, Harbor View Marine also offers service and repair from certified technicians, parts and accessories. The acquisition will further expand OneWater Marine's (ONEW) footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. ONEW shares are up 3% premarket

CEO Compensation Analysis

How has Anthony Aisquith's remuneration changed compared to OneWater Marine's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

-US$123m

Dec 31 2025n/an/a

-US$110m

Sep 30 2025US$5mUS$800k

-US$115m

Jun 30 2025n/an/a

-US$11m

Mar 31 2025n/an/a

-US$7m

Dec 31 2024n/an/a

-US$11m

Sep 30 2024US$4mUS$800k

-US$6m

Jun 30 2024n/an/a

-US$95m

Mar 31 2024n/an/a

-US$81m

Dec 31 2023n/an/a

-US$55m

Sep 30 2023US$3mUS$725k

-US$39m

Jun 30 2023n/an/a

US$79m

Mar 31 2023n/an/a

US$106m

Dec 31 2022n/an/a

US$120m

Sep 30 2022US$4mUS$725k

US$131m

Jun 30 2022n/an/a

US$129m

Mar 31 2022n/an/a

US$107m

Dec 31 2021n/an/a

US$91m

Sep 30 2021US$4mUS$725k

US$79m

Jun 30 2021n/an/a

US$65m

Mar 31 2021n/an/a

US$45m

Dec 31 2020n/an/a

US$25m

Sep 30 2020US$3mUS$614k

US$17m

Jun 30 2020n/an/a

US$20m

Mar 31 2020n/an/a

US$38m

Dec 31 2019n/an/a

US$33m

Sep 30 2019US$556kUS$524k

US$36m

Compensation vs Market: Anthony's total compensation ($USD4.55M) is above average for companies of similar size in the US market ($USD1.63M).

Compensation vs Earnings: Anthony's compensation has increased whilst the company is unprofitable.


CEO

Anthony Aisquith (59 yo)

7.3yrs
Tenure
US$4,545,986
Compensation

Mr. Anthony K. Aisquith has been President of OneWater Marine Inc. since April 2019 and its Director since May 14, 2020 and serves as its CEO since August 2025 and served as its Chief Operating Officer sin...


Leadership Team

NamePositionTenureCompensationOwnership
Philip Singleton
Founder & Executive Chairman of the Board7.3yrsUS$4.54m10.64%
$ 19.4m
Anthony Aisquith
President7.3yrsUS$4.55m5.43%
$ 9.9m
Jack Ezzell
COO, CFO & Secretary7.3yrsUS$2.27m0.58%
$ 1.1m
7.3yrs
Average Tenure
56yo
Average Age

Experienced Management: ONEW's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Philip Singleton
Founder & Executive Chairman of the Board7.3yrsUS$4.54m10.64%
$ 19.4m
Anthony Aisquith
President6.2yrsUS$4.55m5.43%
$ 9.9m
John Troiano
Independent Director6.4yrsUS$200.00k0.16%
$ 285.1k
James Roy
Independent Director3.9yrsUS$225.00k0.16%
$ 282.1k
Jeffrey Lamkin
Independent Director6.4yrsUS$200.00k0.16%
$ 285.1k
Daniel Englander
Directorless than a yearno datano data
Bari Harlam
Independent Director6.2yrsUS$220.00k0.13%
$ 241.0k
Carmen Bauza
Independent Director3.3yrsUS$200.00k0.077%
$ 139.4k
John Schraudenbach
Lead Independent Director6.4yrsUS$280.00k0.21%
$ 377.3k
6.2yrs
Average Tenure
59yo
Average Age

Experienced Board: ONEW's board of directors are considered experienced (6.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 11:08
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OneWater Marine Inc. is covered by 8 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
Michael AlbaneseBenchmark Company
Noah ZatzkinKeyBanc Capital Markets Inc.