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MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. It operates in two segments, MasterCraft and Pontoon. The MasterCraft segment produces premium recreational performance sport boats primarily used for water skiing, wakeboarding, wake surfing, and general recreational boating. The Pontoon segment provides pontoon boats for use in general recreational boating. The company also offers ski/wake and outboard boats, as well as various accessories, including trailers and aftermarket parts. It sells its boats under the MasterCraft, Crest, and Balise brands through a network of independent dealers in the United States and internationally. The company was formerly known as MCBC Holdings, Inc. and changed its name to MasterCraft Boat Holdings, Inc. in November 2018. MasterCraft Boat Holdings, Inc. was founded in 1968 and is headquartered in Vonore, Tennessee.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $284M | $24M | $7M | $26M | 3.8% | -11.8% | -9.7% |
| 2024 | $322M | $42M | $8M | $2M | 4.2% | -47.1% | -88.7% |
| 2023 | $610M | $133M | $69M | $110M | 35.9% | -4.9% | 18.4% |
| 2022 | $642M | $126M | $58M | $61M | 40.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 641.61 | 609.90 | 322.35 | 284.20 |
| Cost Of Revenue | 473.42 | 441.16 | 250.74 | 227.34 |
| Gross Profit | 168.19 | 168.74 | 71.61 | 56.87 |
| Operating Expense | 50.90 | 47.31 | 44.13 | 45.63 |
| Operating Income | 117.30 | 121.43 | 27.48 | 11.23 |
| EBITDA | 125.93 | 133.18 | 41.64 | 24.28 |
| EBIT | 116.19 | 124.78 | 33.27 | 14.70 |
| Pretax Income | 114.72 | 122.10 | 29.97 | 13.54 |
| Tax Provision | 26.78 | 28.30 | 6.73 | 2.82 |
| Net Income | 58.21 | 68.94 | 7.80 | 7.04 |
| Net Income Common Stockholders | 58.21 | 68.94 | 7.80 | 7.04 |
| Total Expenses | 524.31 | 488.47 | 294.88 | 272.97 |
| Interest Expense | 1.47 | 2.68 | 3.29 | 1.17 |
| Interest Income | 0 | 3.35 | 5.79 | 3.47 |
| Selling General And Administration | 48.94 | 45.35 | 42.32 | 43.83 |
| Normalized EBITDA | 127.03 | 133.18 | 41.64 | 24.28 |
| Normalized Income | 88.79 | 93.80 | 23.24 | 10.71 |
| Basic EPS | 3.15 | 3.91 | 0.46 | 0 |
| Diluted EPS | 3.12 | 3.88 | 0.46 | 0 |
| Tax Effect Of Unusual Items | -0.26 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.23 | 0.23 | 0.22 | 0.21 |
| Total Unusual Items | -1.10 | 0 | -9.83 | 0 |
| Total Unusual Items Excluding Goodwill | -1.10 | 0 | -9.83 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 87.94 | 93.80 | 23.24 | 10.71 |
| Reconciled Depreciation | 9.73 | 8.40 | 8.38 | 9.58 |
| Reconciled Cost Of Revenue | 465.64 | 434.72 | 244.18 | 219.56 |
| Net Interest Income | -1.47 | 0.67 | 2.50 | 2.30 |
| Net Income From Continuing And Discontinued Operation | 58.21 | 68.94 | 7.80 | 7.04 |
| Total Operating Income As Reported | 116.19 | 121.43 | 27.48 | 11.23 |
| Diluted Average Shares | 18.64 | 17.77 | 17.04 | 0 |
| Basic Average Shares | 18.46 | 17.62 | 16.93 | 0 |
| Diluted NI Availto Com Stockholders | 58.21 | 68.94 | 7.80 | 7.04 |
| Net Income Including Noncontrolling Interests | 58.21 | 68.94 | 7.80 | 7.04 |
| Net Income Discontinuous Operations | -29.73 | -24.86 | -15.44 | -3.67 |
| Net Income Continuous Operations | 87.94 | 93.80 | 23.24 | 10.71 |
| Other Income Expense | -1.10 | 0 | -9.83 | 0 |
| Special Income Charges | -1.10 | 0 | -9.83 | 0 |
| Other Special Charges | 0 | 0 | 0 | 0 |
| Impairment Of Capital Assets | 1.10 | 0 | 9.83 | 0 |
| Net Non Operating Interest Income Expense | -1.47 | 0.67 | 2.50 | 2.30 |
| Interest Expense Non Operating | 1.47 | 2.68 | 3.29 | 1.17 |
| Interest Income Non Operating | 0 | 3.35 | 5.79 | 3.47 |
| Depreciation Amortization Depletion Income Statement | 1.96 | 1.96 | 1.81 | 1.80 |
| Depreciation And Amortization In Income Statement | 1.96 | 1.96 | 1.81 | 1.80 |
| Amortization | 1.96 | 1.96 | 1.81 | 1.80 |
| Amortization Of Intangibles Income Statement | 1.96 | 1.96 | 1.81 | 1.80 |
| Selling And Marketing Expense | 12.87 | 12.44 | 11.20 | 11.74 |
| General And Administrative Expense | 36.07 | 32.91 | 31.12 | 32.09 |
| Other Gand A | 36.07 | 32.91 | 31.12 | 32.09 |
| Operating Revenue | 638.43 | 607.55 | 318.60 | 280.43 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| MasterCraft Boat Holdings, Inc.this co. | MCFT | $371M | 24.24 | 1.96 | 3.8% | 11.09 |
| Citi Trends, Inc. | CTRN | $399M | 75.86 | 3.34 | 4.5% | 47.55 |
| Holley Inc. | HLLY | $382M | 19.94 | 0.84 | 4.3% | 8.32 |
| Genesco Inc. | GCO | $375M | 27.66 | 0.66 | 2.3% | 10.14 |
| LiveWire Group, Inc. | LVWR | $373M |
| - |
| 8.09 |
| -163.2% |
| -5.50 |
| Designer Brands Inc. | DBI | $371M | - | 1.29 | -2.9% | 14.21 |
| Dine Brands Global, Inc. | DIN | $356M | 24.61 | -1.33 | -6.2% | 9.80 |
| Haverty Furniture Companies, Inc. | HVT | $353M | 18.32 | 1.14 | 6.4% | 9.74 |
| Xponential Fitness, Inc. | XPOF | $340M | - | -0.83 | 9.1% | 6.83 |
| Peer Median | - | 24.61 | 0.99 | 3.3% | 9.77 | |