Forensic Analysis · Industrials / Manufacturing / Defense · as of Aug 11, 2026

Malibu Boats, Inc. (MBUU)

A forensic read on Malibu Boats, Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective

Forensic grade

Safe

Financial health

6.0

Distress distance

Clean

Earnings quality

Forensic signals

-513.0

P / E (ttm)

2.9%

ROE

$583M

Market cap

0.00%

Dividend yield

-2.6%

Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Malibu Boats, Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 6.0, placing it in the Safe zone. 4 forensic signals were flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

2.9%

FY2025

Return on invested capital. Return on invested capital is 2.9% in the latest fiscal year and slipping from 26% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.

suspended

FY2024→FY2025

Dividend — suspended. The dividend has been SUSPENDED — $890,000 paid in FY2024, then $0 in FY2025. A suspension is a major signal the board is conserving cash; the prior payment history doesn't offset it.

126% of FCF

FY2025

Shareholder returns. Returned $36M to shareholders (buybacks + dividends) in FY2025 — 126% of free cash flow, but 64% of operating cash flow. Returns run ahead of free cash flow, with the gap funded by debt or cash reserves rather than the cash the business itself throws off; the payout itself is still covered by operating cash. Counting the $6M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 146%.

$49M

FY2024–FY2024

Goodwill impairments. Took $49M of goodwill writedowns across 1 year (FY2024 ($49M)). Writedowns mean past acquisitions underperformed what was paid for them.

Key fundamentals

Latest Revenue$807.6M

Revenue Growth YoY-2.6%

Net Margin1.8%

Free Cash Flow$28.6M

Return on Equity2.9%

Debt / Equity0.03x

The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Malibu Boats, Inc.'s actual 10-K/10-Q/8-K filings?

Generate the AI investment read →

No credit card · informational only, not investment advice · see the track record

← Browse all forensic stock analyses

Data from SEC EDGAR public filings · metrics as of Aug 11, 2026. Forensic signals flag probability, not certainty.