MasterCraft Boat (MCFT)


Market Price (9/25/2026): $20.27 | Market Cap: $-Sector: Consumer Discretionary | Industry: Leisure Products

MasterCraft Boat (MCFT)


Market Price (9/25/2026): $20.27
Market Cap: $-
Sector: Consumer Discretionary
Industry: Leisure Products

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Low stock price volatility
Vol 12M is 40%

Weak multi-year price returns
2Y Excs Rtn is -24%, 3Y Excs Rtn is -78%

Key risks
MCFT key risks include significant margin pressure driven by [1] the necessity of offering dealer incentives and servicing its variable rate debt in a high-interest-rate environment, Show more.

0 Low stock price volatility
Vol 12M is 40%
1 Weak multi-year price returns
2Y Excs Rtn is -24%, 3Y Excs Rtn is -78%
2 Key risks
MCFT key risks include significant margin pressure driven by [1] the necessity of offering dealer incentives and servicing its variable rate debt in a high-interest-rate environment, Show more.

MCFT in ETFs

Weight = MCFT's share of each fund

VTI0.00%
ITOT0.00%
IWM0.01%
FNDA0.03%
VTWO0.01%
DFAS0.01%
AVUV0.01%
IWO0.00%
+3 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/22/2026

MasterCraft Boat (MCFT) stock has lost about 15% since 5/31/2026 because of the following key factors:

1. Weak Forward Guidance Amidst Challenging Retail Environment. MasterCraft Boat Holdings, Inc. (MCFT) provided a cautious outlook for its six-month transition period from July 1, 2026, to December 31, 2026, which is a key factor in the stock's decline. Management anticipated a 5% to 10% contraction in the overall recreational boating retail demand during this period, reflecting a challenging macroeconomic backdrop and cautious consumer behavior. Specifically, the guidance for net sales of approximately $147 million and adjusted earnings per share (EPS) of $0.40 for the quarter ending September 2026 (the first quarter of the transition period) was perceived as a significant deceleration, further contributing to negative investor sentiment.

2. Non-Cash Impairment Charge Impacts GAAP Profitability. Despite reporting strong adjusted financial results, MCFT recorded a GAAP net loss of $1.6 million, or $(0.09) per diluted share, for fiscal year 2026 (ended June 30, 2026). This loss was largely driven by a $10.1 million non-cash impairment charge within the Leisure segment, which primarily comprises pontoon boats. This impairment signaled significant headwinds and weakness in the pontoon boat market, an organic decline of 11.2% in Leisure segment sales, and likely raised concerns about the profitability of certain segments.

Show more
Updated on 9/22/2026

MasterCraft Boat (MCFT) stock has lost about 15% since 5/31/2026 because of the following key factors:

1. Weak Forward Guidance Amidst Challenging Retail Environment. MasterCraft Boat Holdings, Inc. (MCFT) provided a cautious outlook for its six-month transition period from July 1, 2026, to December 31, 2026, which is a key factor in the stock's decline. Management anticipated a 5% to 10% contraction in the overall recreational boating retail demand during this period, reflecting a challenging macroeconomic backdrop and cautious consumer behavior. Specifically, the guidance for net sales of approximately $147 million and adjusted earnings per share (EPS) of $0.40 for the quarter ending September 2026 (the first quarter of the transition period) was perceived as a significant deceleration, further contributing to negative investor sentiment.

2. Non-Cash Impairment Charge Impacts GAAP Profitability. Despite reporting strong adjusted financial results, MCFT recorded a GAAP net loss of $1.6 million, or $(0.09) per diluted share, for fiscal year 2026 (ended June 30, 2026). This loss was largely driven by a $10.1 million non-cash impairment charge within the Leisure segment, which primarily comprises pontoon boats. This impairment signaled significant headwinds and weakness in the pontoon boat market, an organic decline of 11.2% in Leisure segment sales, and likely raised concerns about the profitability of certain segments.

3. Significant Insider Divestiture. On September 17, 2026, the Gary W. Rollins Voting Trust, a beneficial owner holding more than 10% of MasterCraft Boat Holdings' stock, fully divested approximately 4.87 million shares of common stock. While these transactions were reported as a distribution to beneficiaries rather than open-market sales, the substantial volume of shares, valued at roughly $96 million based on the stock's price around September 18, 2026, could have contributed to negative market perception and selling pressure.

4. Post-Earnings Stock Reaction Despite Beat. MasterCraft's stock experienced a significant drop, falling nearly 10% on September 10, 2026, and a further 14% over the subsequent two days, despite the company reporting fiscal Q4 2026 earnings that beat consensus estimates. The company reported adjusted EPS of $0.67 on revenue of $129.94 million, exceeding analyst expectations. This negative market reaction to an earnings beat suggests that other factors, such as the weak forward guidance and concerns about the broader industry and specific segments, overshadowed the positive quarterly performance.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

5/31/2026 to 9/24/2026
ReturnCorrelation
MCFT-12.5% 
Market (SPY)1.7%29.7%
Sector (XLY)-8.5%28.6%

Fundamental Drivers

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Market Drivers

2/28/2026 to 9/24/2026
ReturnCorrelation
MCFT-6.2% 
Market (SPY)12.4%36.5%
Sector (XLY)-5.2%37.0%

Fundamental Drivers

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Market Drivers

8/31/2025 to 9/24/2026
ReturnCorrelation
MCFT-7.2% 
Market (SPY)20.3%34.4%
Sector (XLY)-4.1%36.3%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/24/2026
ReturnCorrelation
MCFT-6.4% 
Market (SPY)76.8%41.0%
Sector (XLY)32.4%43.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
MCFT Return14%-9%-12%-16%-1%4%-21%
Peers Return22%-21%19%-33%-1%-18%-37%
S&P 500 Return27%-19%24%23%16%13%105%

Monthly Win Rates [3]
MCFT Win Rate75%50%42%42%42%44% 
Peers Win Rate54%35%48%42%54%36% 
S&P 500 Win Rate75%42%67%75%67%56% 

Max Drawdowns [4]
MCFT Max Drawdown-27%-36%-44%-32%-31%-30% 
Peers Max Drawdown-28%-35%-30%-39%-41%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MBUU, BC, PII, WGO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/24/2026 (YTD)

How Low Can It Go

EventMCFTS&P 500
2025 US Tariff Shock
  % Loss-20.0%-18.8%
  % Gain to Breakeven25.0%23.1%
  Time to Breakeven63 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.8%-24.5%
  % Gain to Breakeven51.2%32.4%
  Time to Breakeven106 days427 days
2020 COVID-19 Crash
  % Loss-73.1%-33.7%
  % Gain to Breakeven271.6%50.9%
  Time to Breakeven80 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-47.9%-19.2%
  % Gain to Breakeven91.9%23.8%
  Time to Breakeven1519 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-28.3%-12.2%
  % Gain to Breakeven39.4%13.9%
  Time to Breakeven110 days62 days
2014-2016 Oil Price Collapse
  % Loss-28.3%-6.8%
  % Gain to Breakeven39.4%7.3%
  Time to Breakeven125 days15 days

Compare to MBUU, BC, PII, WGO

In The Past

MasterCraft Boat's stock fell -20.0% during the 2025 US Tariff Shock. Such a loss loss requires a 25.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventMCFTS&P 500
2025 US Tariff Shock
  % Loss-20.0%-18.8%
  % Gain to Breakeven25.0%23.1%
  Time to Breakeven63 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.8%-24.5%
  % Gain to Breakeven51.2%32.4%
  Time to Breakeven106 days427 days
2020 COVID-19 Crash
  % Loss-73.1%-33.7%
  % Gain to Breakeven271.6%50.9%
  Time to Breakeven80 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-47.9%-19.2%
  % Gain to Breakeven91.9%23.8%
  Time to Breakeven1519 days105 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-28.3%-12.2%
  % Gain to Breakeven39.4%13.9%
  Time to Breakeven110 days62 days
2014-2016 Oil Price Collapse
  % Loss-28.3%-6.8%
  % Gain to Breakeven39.4%7.3%
  Time to Breakeven125 days15 days

Compare to MBUU, BC, PII, WGO

In The Past

MasterCraft Boat's stock fell -20.0% during the 2025 US Tariff Shock. Such a loss loss requires a 25.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About MasterCraft Boat (MCFT)

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MasterCraft Boat Holdings, Inc. (MCFT) is a leading designer, manufacturer, and marketer of recreational powerboats. Based in Tennessee, the company caters to a wide spectrum of boating enthusiasts through its three primary operating segments: MasterCraft, NauticStar, and Crest, each specializing in distinct types of marine vessels.

The MasterCraft segment is renowned for producing high-performance sport boats and luxury day boats under the MasterCraft and Aviara brands. These boats are popular for activities such as water skiing, wakeboarding, wake surfing, and general recreational use. The NauticStar segment focuses on boats primarily designed for saltwater fishing and general recreational boating, while the Crest segment manufactures pontoon boats, ideal for leisurely general recreational boating. In addition to boats, MCFT also offers various accessories, including trailers and aftermarket parts.

MasterCraft Boat Holdings serves the recreational boating market, reaching customers who enjoy a diverse range of water-based activities. The company distributes its boats, sold under the MasterCraft, NauticStar, Crest, and Aviara brands, through an established network of independent dealers. Its primary markets are located across North America, with additional sales channels extending internationally.

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AI Analysis | Feedback

  • It's like General Motors for recreational boats.
  • It's like Ford Motor Company for recreational powerboats.

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  • Recreational Performance Sport Boats: These boats, primarily under the MasterCraft brand, are designed for water skiing, wakeboarding, wake surfing, and general recreational boating.
  • Luxury Day Boats: Marketed under the Aviara brand, these are premium boats primarily used for general recreational boating.
  • Saltwater Fishing Boats: Under the NauticStar brand, these boats are primarily used for saltwater fishing and general recreational boating.
  • Pontoon Boats: Produced under the Crest brand, these boats are designed for general recreational boating.
  • Boating Accessories: This category includes various items such as trailers and aftermarket parts for their boats.

AI Analysis | Feedback

MasterCraft Boat Holdings, Inc. (MCFT) sells its products primarily to other companies. Its direct customers are a network of independent dealers located in North America and internationally.

MasterCraft does not publicly disclose specific major customer companies by name or stock symbol. This is typical for companies that operate through a broad, distributed network of independent dealerships, where sales are spread across numerous smaller, often privately held businesses rather than concentrated with a few large, publicly traded entities.

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Major Suppliers:

  • Brunswick Corporation (Symbol: BC)
  • Ilmor Marine, LLC

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Brad Nelson, Chief Executive Officer and Director

Brad Nelson became Chief Executive Officer and a Director of MasterCraft Boat Holdings, Inc. on March 18, 2024. He brings over 30 years of operating and manufacturing experience to the role. Prior to joining MasterCraft, Mr. Nelson served as Executive Vice President and President, Commercial Segment of Oshkosh Corporation, where he was responsible for leading a strategic transformation that resulted in record highs in revenue, profitability, and backlog. His tenure at Oshkosh Corporation also included roles such as Senior Vice President and President, Commercial Business Segment, and Vice President, Global Marketing, JLG Industries.

Scott Kent, Chief Financial Officer

Scott Kent assumed the role of Chief Financial Officer for MasterCraft Boat Holdings, Inc. on July 1, 2025, succeeding the retiring Tim Oxley. Mr. Kent possesses 33 years of professional experience, with 28 of those years specifically within the marine industry. He previously served as MasterCraft's Vice President of Finance since 2018, overseeing finance functions including accounting, financial planning and analysis (FP&A), financial reporting, and treasury, while also contributing to operational and strategic advancements. Before his time at MasterCraft, Mr. Kent held CFO positions at Brunswick Boat Group and Recreational Boat Group, and various other roles of increasing responsibility at Brunswick, Sea Ray Boats, and Price Waterhouse. He holds a Bachelor of Science in Accounting from Milligan College and was formerly a Certified Public Accountant.

Mike O'Connell, Senior Vice President of Operational Excellence and President, Pontoon Segment

Mike O'Connell serves as the Senior Vice President of Operational Excellence and President of the Pontoon Segment for MasterCraft Boat Holdings, Inc. He took on the additional responsibility of President of the Pontoon Segment, succeeding George Steinbarger, effective February 24, 2025. Mr. O'Connell is a seasoned veteran of the marine industry with nearly 40 years of experience, having led various boat companies for decades. He joined MasterCraft in 2023 as President of Aviara Boats. His background includes serving as President of Godfrey pontoons and Hurricane deck boats, as well as managing various boat operations for Brunswick, Genmar, and Yamaha.

Charlene Hampton, Vice President of Human Resources

Charlene Hampton holds the position of Vice President of Human Resources at MasterCraft Boat Holdings, Inc.

Jim Brown, Vice President of Operations

Jim Brown is the Vice President of Operations for MasterCraft Boat Holdings, Inc.

AI Analysis | Feedback

The key risks to MasterCraft Boat Holdings, Inc. (MCFT) are primarily driven by external economic factors affecting discretionary consumer spending, challenges in their supply chain, and the health and management of their dealer network.
  1. Sensitivity to Macroeconomic Conditions and Consumer Discretionary Spending

    The recreational boating industry is highly cyclical and significantly influenced by overall economic health, consumer confidence, and access to credit. Elevated interest rates directly increase the cost of financing for consumers purchasing boats and for dealers managing their inventory. These factors can lead to a decrease in demand for MasterCraft's products, resulting in lower sales and reduced profitability.

  2. Supply Chain Disruptions and Cost Volatility

    MasterCraft faces risks related to its supply chain, including potential disruptions, shortages, and increased costs of raw materials, parts, or components. The company has experienced periodic supply issues and rising material costs, which can negatively impact its manufacturing operations and financial performance. Additionally, changes in trade policies, such as new tariffs, can further increase manufacturing expenses.

  3. Dealer Network Health and Inventory Management

    The success of MasterCraft relies heavily on the strength and liquidity of its independent dealer network. The deterioration of competitors' dealers, including bankruptcies, can lead to discounted boat inventories entering the market, creating increased competition for MasterCraft's dealers. Maintaining adequate liquidity for dealers to finance their operations and purchase products is crucial. Furthermore, managing manufacturing levels and fixed costs in relation to dealer inventory levels is a continuous challenge that can affect the company's financial results.

AI Analysis | Feedback

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AI Analysis | Feedback

MasterCraft Boat Holdings, Inc. (MCFT) operates in several segments of the recreational powerboat market. The addressable market sizes for its main product categories, including performance sport boats, luxury day boats, saltwater fishing boats, and pontoon boats, are as follows:

Performance Sport Boats (MasterCraft Brand)

  • The global wakeboard boat market was valued at approximately USD 2.8 billion in 2023 and is projected to reach USD 4.8 billion by 2032.
  • Another estimate places the global wakeboard boat market at approximately USD 2.68 billion in 2026, on track to reach USD 4.27 billion by 2035.
  • The global ski wake boat market is projected to reach USD 1.74 billion by 2034.
  • In North America, which is the largest market for ski/wake boats, the region accounted for approximately 60% of the global market share. North America also holds 50-55% of the global wakeboard boat market share.
  • The U.S. wakeboard market size was valued at USD 486.74 million in 2024 and is expected to expand to USD 961.04 million by 2033.

Luxury Day Boats (Aviara Brand)

  • The global luxury boat market size was valued at USD 18.29 billion in 2024 and is poised to grow to USD 30.12 billion by 2033. Another report indicates the global luxury boat market size was estimated at USD 17.73 billion in 2024 and is projected to reach USD 30.46 billion by 2035.
  • North America is the largest market for luxury boats, holding approximately 45% of the global market share.
  • The U.S. luxury yacht market size was valued at USD 4.11 billion in 2023 and is expected to reach USD 9.04 billion by 2033. In 2024, the U.S. luxury yacht market size is projected to reach a valuation of USD 4,507.5 million, anticipated to reach USD 9,315.3 million by 2033.

Saltwater Fishing Boats (NauticStar Brand)

  • The global fishing boats market size is expected to be valued at US$2.1 billion in 2026 and is projected to reach US$3.7 billion by 2033.
  • The global fishing vessel market size was valued at USD 1.86 billion in 2025 and is estimated to reach USD 3.49 billion by 2034.
  • In the U.S., there are approximately 86,000 offshore fishing boats (27 feet and larger fiberglass boats) registered. The United States is projected to generate revenue of US$220.78 million in 2025 for the fishing vessel market.

Pontoon Boats (Crest Brand)

  • The global pontoon boat market was valued at US$2.31 billion in 2022 and is projected to reach US$3.93 billion by 2028. Other estimates state the global pontoon market size was valued at USD 8.5 billion in 2024 and is projected to grow to USD 17.7 billion by 2034. Another report valued the pontoon market at USD 8.68 billion in 2023, expected to reach USD 17.27 billion by 2032.
  • North America dominates the pontoon market, accounting for approximately 60% of global sales. The North America pontoon market accounted for 61% of the revenue share in 2024 and is expected to exceed USD 11 billion by 2034. It also held the largest market share of 35% of the global pontoon boat market in 2023.

AI Analysis | Feedback

MasterCraft Boat Holdings, Inc. (MCFT) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market dynamics:

  1. Strategic Merger with Marine Products Corporation: The planned merger with Marine Products Corporation is a significant driver, anticipated to diversify MasterCraft's brand portfolio, expand its dealer network, and increase market reach across various recreational marine categories. This combination is projected to generate pro forma sales of $560 million by the end of fiscal year 2026 and is expected to be accretive to adjusted EPS in fiscal year 2027. Furthermore, the merger is expected to create revenue synergies through combined innovation platforms and complementary dealer networks.
  2. New Product Innovation and Launches: MasterCraft consistently emphasizes focused innovation and product line development as growth initiatives. Recent successful launches, such as the premium X24 and X22 models under the MasterCraft brand, contribute to sales momentum. Additionally, the Crest segment is expected to announce an all-new line of products to expand its addressable market, indicating a strategy to capture new customer segments.
  3. Pricing Power and Favorable Product Mix: The company has demonstrated the ability to implement price increases, which has partially offset other cost pressures. A favorable model mix, driven by sales of higher-margin products and options, has also contributed to increased net sales and improved gross margins.
  4. Improved Dealer Inventory Management: Following periods of elevated dealer inventories, MasterCraft has focused on production discipline and effective dealer support programs, leading to substantially improved dealer inventory levels. A healthier inventory environment can lead to more efficient sales, reduced discounting, and stronger demand pull-through.

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Capital Allocation Decisions for MasterCraft Boat Holdings, Inc. (MCFT)

Share Repurchases

  • In June 2021, MasterCraft's Board of Directors authorized a share repurchase program of up to $50 million, valid for a three-year period ending June 24, 2024.
  • A new $50 million share repurchase program was authorized in July 2023, succeeding the previous one upon its expiration.
  • The company repurchased $16.3 million of its shares during fiscal year 2025.

Share Issuance

  • There was a decrease in the number of shares outstanding by 1.44% in the most recent 12-month period for which data was compiled.
  • As of August 22, 2025, there were 16,306,356 shares of common stock issued and outstanding.
  • In July 2025, the Chief Financial Officer received 6,507 Restricted Stock Units (RSUs), representing a minimal potential dilution of less than 0.04%.

Outbound Investments

  • MasterCraft completed the sale of its NauticStar business in September 2022.
  • In October 2024, the company completed the sale of its Aviara brand and related assets, followed by the sale of its Aviara manufacturing facility in December 2024.
  • In February 2026, MasterCraft agreed to acquire Marine Products Corporation, involving an exchange of 0.232 MasterCraft shares plus $2.43 cash per Marine Products share.

Capital Expenditures

  • Capital expenditures for fiscal year 2025 totaled $10.5 million, primarily focused on facility enhancements, information technology, and tooling.
  • In fiscal year 2024, the company incurred $12 million in capital expenditures.
  • MasterCraft anticipates approximately $9 million in capital expenditures for fiscal year 2026.

Peer Outperformance in Leisure Products

MCFT has outperformed 83% of its 12 Leisure Products peers over 5Y. Leisure Products ranks 12th of 23 industries in Consumer Discretionary by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Leisure Products constituents that MCFT has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
67%
of 15 industry peers · -5.4% return
3Y
77%
of 13 industry peers · -3.5% return
5Y
83%
of 12 industry peers · -19.7% return
No Leisure Products peer with a comparable growth profile has beaten MCFT by more than 20pp over 5Y.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Leisure Products is MCFT's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -16.0%78.1%68.3% LINC 279% · PRDO 222% · CVSA 221%
Homebuilding 18 -9.1%33.5%50.2% GRBK 217% · PHM 161% · TOL 139%
Specialty Stores 7 5.4%46.3%14.2% SIG 33% · ASO 19% · FIVE 15%
Home Improvement Retail 5 -26.7%-5.8%-1.7% HVT 10% · LOW 0% · HD -2%
Hotels, Resorts & Cruise Lines 22 14.9%42.9%-2.6% RCL 173% · MAR 140% · HLT 134%
Automotive Retail 18 -21.3%-2.6%-7.6% MUSA 223% · PAG 120% · ORLY 107%
Distributors 4 -12.2%-26.1%-14.0% ARMK 139% · GPC 21% · LKQ -49%
Home Furnishings 4 -8.5%20.6%-17.3% SGI 33% · LZB 1% · MHK -35%
Footwear 10 54.8%47.6%-18.2% WEYS 174% · DECK 21% · SHOO 18%
Specialized Consumer Services 10 -19.0%12.5%-18.9% HRB 97% · FTDR 70% · SCI 38%
Restaurants 35 -8.5%-13.9%-23.8% EAT 300% · CAKE 139% · BH-A 103%
Leisure Products ← 13 -25.5%-21.6%-40.7% GOLF 73% · HAS 12% · MCFT -20%
Casinos & Gaming 21 -16.4%-22.3%-41.5% MCRI 96% · RRR 29% · BYD 17%
Household Appliances 18 -7.0%0.3%-42.2% FLXS 206% · HBB 169% · KEQU 159%
Automotive Parts & Equipment 38 -16.9%-16.0%-42.3% MOD 1632% · GTX 263% · CAAS 83%
Apparel Retail 26 -4.9%16.1%-42.7% ANF 236% · URBN 134% · ROST 114%
Apparel, Accessories & Luxury Goods 28 -9.4%6.9%-43.6% RL 231% · TPR 223% · ELA 212%
Leisure Facilities 11 -21.6%-8.5%-44.8% OSW 130% · JAKK 117% · ESCA 22%
Computer & Electronics Retail 3 -4.7%41.6%-45.9% BBY 10% · GME -46% · UPBD -65%
Broadline Retail 15 -8.8%14.6%-57.2% DDS 304% · EBAY 61% · AMZN 46%
Automobile Manufacturers 8 -78.3%-51.6%-72.5% GM 61% · TSLA 46% · F 25%
Consumer Electronics 11 -15.3%-18.3%-75.1% AXIL 2253% · GRMN 89% · SONO -50%
Other Specialty Retail 18 -35.9%-45.4%-79.7% TLF 106% · BBW 64% · WINA 58%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

MCFTMBUUBCPIIWGOMedian
NameMasterCr.Malibu B.BrunswickPolaris Winnebag. 
Mkt Price20.3723.4266.1652.3826.9026.90
Mkt Cap-0.54.33.00.81.9
Rev LTM-9155,6307,4452,9124,271
Op Inc LTM-333517076123
FCF LTM-433416712696
FCF 3Y Avg-17392237141189
CFO LTM-68523248157202
CFO 3Y Avg-60575499184341

Growth & Margins

MCFTMBUUBCPIIWGOMedian
NameMasterCr.Malibu B.BrunswickPolaris Winnebag. 
Rev Chg LTM-13.3%10.5%8.4%5.8%9.4%
Rev Chg 3Y Avg--9.9%-5.1%-6.0%-12.0%-8.0%
Rev Chg Q-42.7%7.7%9.2%6.0%8.4%
QoQ Delta Rev Chg LTM-10.7%2.0%2.3%1.3%2.2%
Op Inc Chg LTM--85.8%7.5%25.1%20.7%14.1%
Op Inc Chg 3Y Avg--68.2%-24.6%-30.0%-34.6%-32.3%
Op Mgn LTM-0.3%6.0%2.3%2.6%2.4%
Op Mgn 3Y Avg-2.7%7.6%3.5%3.9%3.7%
QoQ Delta Op Mgn LTM-0.3%0.3%1.4%0.1%0.3%
CFO/Rev LTM-7.4%9.3%3.3%5.4%6.4%
CFO/Rev 3Y Avg-7.0%10.5%6.7%6.2%6.9%
FCF/Rev LTM-4.7%6.1%0.9%4.3%4.5%
FCF/Rev 3Y Avg-1.9%7.2%3.2%4.7%4.0%

Valuation

MCFTMBUUBCPIIWGOMedian
NameMasterCr.Malibu B.BrunswickPolaris Winnebag. 
Mkt Cap-0.54.33.00.81.9
P/S-0.50.80.40.30.5
P/Op Inc-149.012.917.810.015.3
P/EBIT-76.9-983.4-18.210.0-4.1
P/E-279.4-50.3-11.618.23.3
P/CFO-6.88.312.24.87.6
Total Yield-0.4%0.6%-3.6%10.7%0.5%
Dividend Yield-0.0%2.6%5.1%5.2%3.8%
FCF Yield 3Y Avg-3.3%8.9%8.3%12.5%8.6%
D/E-0.40.50.70.60.6
Net D/E-0.20.50.60.60.5

Returns

MCFTMBUUBCPIIWGOMedian
NameMasterCr.Malibu B.BrunswickPolaris Winnebag. 
1M Rtn-17.6%-17.7%-17.6%-16.7%-14.6%-17.6%
3M Rtn-20.6%-19.5%-24.4%-26.6%-11.8%-20.6%
6M Rtn-2.7%-14.5%-8.5%-5.9%-15.2%-8.5%
12M Rtn-5.4%-27.7%8.0%-4.6%-18.9%-5.4%
3Y Rtn-3.5%-50.8%-10.8%-43.3%-51.6%-43.3%
1M Excs Rtn-18.0%-18.1%-18.0%-17.1%-15.0%-18.0%
3M Excs Rtn-25.3%-24.3%-29.1%-31.3%-16.5%-25.3%
6M Excs Rtn-21.1%-29.7%-25.7%-22.8%-31.6%-25.7%
12M Excs Rtn-22.0%-42.4%-7.6%-18.2%-31.1%-22.0%
3Y Excs Rtn-78.3%-125.5%-81.6%-117.5%-125.1%-117.5%

Comparison Analyses

null

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
MasterCraft241263469466351
Pontoon4360141141103
Aviara   3512
Total284322610642466


Operating Income by Segment
$ Mil20252024202320222021
MasterCraft303911010573
Adjustment items-4-4-4  
Pontoon-51232014
Depreciation and amortization-10-8-8  
Aviara   -9-8
Total112712111679


Assets by Segment
$ Mil20252024202320222021
MasterCraft214233259179353
Pontoon4652535442
Assets associated with discontinued operations 33   
Aviara  4135 
Discontinued operations  0  
NauticStar   2944
Eliminations    -163
Total260318354297276


Price Behavior

Price Behavior
Market Price$20.37 
Market Cap ($ Bil)0.3 
First Trading Date07/17/2015 
Distance from 52W High-25.6% 
   50 Days200 Days
DMA Price$23.45$22.51
DMA Trendupdown
Distance from DMA-13.1%-9.5%
 3M1YR
Volatility40.6%40.4%
Downside Capture233.65112.12
Upside Capture69.9085.20
Correlation (SPY)33.8%35.1%
MCFT Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta1.041.010.761.071.041.18
Up Beta2.330.900.421.101.361.45
Down Beta-2.160.370.500.671.020.88
Up Capture34%91%96%116%82%107%
Bmk +ve Days10213268138427
Stock +ve Days11223364124360
Down Capture131%159%103%122%101%106%
Bmk -ve Days11213259113324
Stock -ve Days10203163125384

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MCFT
MCFT-6.3%40.3%-0.07-
Sector ETF (XLY)-6.7%19.5%-0.4836.3%
Equity (SPY)16.7%13.0%0.9234.8%
Gold (GLD)13.1%29.3%0.425.1%
Commodities (DBC)45.1%20.7%1.71-28.5%
Real Estate (VNQ)3.7%13.7%0.0133.1%
Bitcoin (BTCUSD)-24.8%44.8%-0.519.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MCFT
MCFT-4.0%42.6%0.03-
Sector ETF (XLY)4.5%24.1%0.1546.7%
Equity (SPY)12.9%17.2%0.5745.0%
Gold (GLD)19.0%18.8%0.822.1%
Commodities (DBC)10.6%19.6%0.42-1.3%
Real Estate (VNQ)0.7%18.9%-0.0739.1%
Bitcoin (BTCUSD)12.0%52.6%0.4120.6%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with MCFT
MCFT6.9%49.7%0.33-
Sector ETF (XLY)12.1%22.2%0.5047.3%
Equity (SPY)15.5%17.9%0.7346.8%
Gold (GLD)12.0%16.4%0.60-0.0%
Commodities (DBC)8.5%18.1%0.3910.8%
Real Estate (VNQ)4.8%20.7%0.1942.8%
Bitcoin (BTCUSD)63.7%66.2%1.0313.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8312026
Short Interest: Shares Quantity1.0 Mil
Short Interest: % Change Since 81520263.7%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest5.6 days

Earnings Returns History

Updated 9/21/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/10/2026-9.7%-16.0% 
5/7/20265.9%3.1%-9.0%
2/5/20266.4%5.6%-14.7%
11/6/2025-5.7%-11.5%-14.1%
8/27/20259.6%6.6%3.4%
5/7/202511.8%11.2%10.6%
2/6/202516.1%3.9%-0.9%
11/6/202425.0%20.4%16.2%
...
SUMMARY STATS   
# Positive11139
# Negative131114
Median Positive6.4%7.6%6.5%
Median Negative-6.0%-9.8%-8.9%
Max Positive25.0%20.4%16.2%
Max Negative-19.3%-22.4%-16.1%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
9/10/2026-9.7%-16.0% 
5/7/20265.9%3.1%-9.0%
2/5/20266.4%5.6%-14.7%
11/6/2025-5.7%-11.5%-14.1%
8/27/20259.6%6.6%3.4%
5/7/202511.8%11.2%10.6%
2/6/202516.1%3.9%-0.9%
11/6/202425.0%20.4%16.2%
8/29/2024-6.0%-11.3%-8.8%
2/7/20242.3%8.1%4.9%
11/8/2023-6.6%-2.3%-1.9%
8/30/2023-12.8%-16.6%-10.9%
5/10/2023-4.0%-3.4%3.2%
2/8/20239.4%7.6%7.9%
11/9/2022-1.2%10.2%14.3%
9/8/2022-12.7%-9.8%-16.1%
5/11/2022-6.5%0.0%-0.5%
2/3/20220.6%12.0%1.6%
11/10/20211.6%3.9%-4.1%
9/2/2021-1.6%-4.1%-1.7%
5/12/20210.4%12.2%-10.0%
2/10/2021-1.0%-4.2%6.5%
11/12/2020-4.3%-3.9%-3.8%
9/9/2020-19.3%-22.4%-11.9%
SUMMARY STATS   
# Positive11139
# Negative131114
Median Positive6.4%7.6%6.5%
Median Negative-6.0%-9.8%-8.9%
Max Positive25.0%20.4%16.2%
Max Negative-19.3%-22.4%-16.1%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202609/10/202610-K
03/31/202605/07/202610-Q
12/31/202502/05/202610-Q
09/30/202511/06/202510-Q
06/30/202508/27/202510-K
03/31/202505/07/202510-Q
12/31/202402/06/202510-Q
09/30/202411/07/202410-Q
06/30/202408/30/202410-K
03/31/202405/08/202410-Q
12/31/202302/07/202410-Q
09/30/202311/08/202310-Q
06/30/202308/30/202310-K
03/31/202305/10/202310-Q
12/31/202202/08/202310-Q
09/30/202211/09/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202609/10/202610-K
03/31/202605/07/202610-Q
12/31/202502/05/202610-Q
09/30/202511/06/202510-Q
06/30/202508/27/202510-K
03/31/202505/07/202510-Q
12/31/202402/06/202510-Q
09/30/202411/07/202410-Q
06/30/202408/30/202410-K
03/31/202405/08/202410-Q
12/31/202302/07/202410-Q
09/30/202311/08/202310-Q
06/30/202308/30/202310-K
03/31/202305/10/202310-Q
12/31/202202/08/202310-Q
09/30/202211/09/202210-Q
06/30/202209/09/202210-K
03/31/202205/11/202210-Q
12/31/202102/03/202210-Q
09/30/202111/10/202110-Q
06/30/202109/02/202110-K
03/31/202105/12/202110-Q
12/31/202002/10/202110-Q
09/30/202011/12/202010-Q
06/30/202009/11/202010-K
03/31/202005/08/202010-Q
12/31/201902/05/202010-Q
09/30/201911/07/201910-Q

Recent Forward Guidance

Updated 9/16/2026

Latest: Q4 2026 Earnings Reported 9/10/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q1 2027 Net SalesReported 147.00 Mil    
Q1 2027 Adjusted EBITDAReported 16.00 Mil    
Q1 2027 Adjusted Earnings Per ShareReported 0.4    
2026 Net SalesReported287.00 Mil289.00 Mil291.00 Mil-7.4% LoweredGuidance: 312.00 Mil for 2026
2026 Adjusted EBITDAReported29.00 Mil30.50 Mil32.00 Mil-23.8% LoweredGuidance: 40.00 Mil for 2026
2026 Adjusted Earnings Per ShareReported0.660.710.76-57.0% LoweredGuidance: 1.65 for 2026
2026 Capital ExpendituresReported 9.00 Mil 12.5% RaisedGuidance: 8.00 Mil for 2026


Prior: Q3 2026 Earnings Reported 5/7/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
2026 RevenueReported 312.00 Mil 2.3% RaisedGuidance: 305.00 Mil for 2026
2026 Adjusted EBITDAReported 40.00 Mil 6.7% RaisedGuidance: 37.50 Mil for 2026
2026 Adjusted EPSReported 1.65 8.2% RaisedGuidance: 1.52 for 2026
2026 Capital ExpendituresReported 8.00 Mil -11.1% LoweredGuidance: 9.00 Mil for 2026

Q2 2026 Earnings Reported 2/5/2026

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q3 2026 RevenueReported 75.00 Mil    
Q3 2026 Adjusted EBITDAReported 9.00 Mil    
Q3 2026 Adjusted EPSReported 0.35    
2026 RevenueReported300.00 Mil305.00 Mil310.00 Mil0.8% RaisedGuidance: 302.50 Mil for 2026
2026 Adjusted EBITDAReported36.00 Mil37.50 Mil39.00 Mil15.4% RaisedGuidance: 32.50 Mil for 2026
2026 Adjusted EPSReported1.451.521.616.9% RaisedGuidance: 1.3 for 2026
2026 Capital ExpendituresReported 9.00 Mil 0 AffirmedGuidance: 9.00 Mil for 2026

Q1 2026 Earnings Reported 11/6/2025

Forward GuidanceGuidance Change
MetricSourceLowMidHigh% Chg% DeltaChangePrior
Q2 2026 RevenueReported 69.00 Mil 3.0% Higher NewGuidance: 67.00 Mil for Q1 2026
Q2 2026 Adjusted EBITDAReported 5.00 Mil 25.0% Higher NewGuidance: 4.00 Mil for Q1 2026
Q2 2026 Adjusted EPSReported 0.16 0 Same NewGuidance: 0.16 for Q1 2026
2026 RevenueReported295.00 Mil302.50 Mil310.00 Mil0 AffirmedGuidance: 302.50 Mil for 2026
2026 Adjusted EBITDAReported30.00 Mil32.50 Mil35.00 Mil3.2% RaisedGuidance: 31.50 Mil for 2026
2026 Adjusted EPSReported1.181.31.432.4% RaisedGuidance: 1.27 for 2026
2026 Capital ExpendituresReported 9.00 Mil 0 AffirmedGuidance: 9.00 Mil for 2026

Insider Activity

Updated 9/21/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Nelson, Bradley MChief Executive OfficerDirectBuy916202619.502,50048,7451,578,851Form
2Lambert, Roch DirectBuy916202619.513,84575,016835,808Form
3Forager, Fund, LPDirectSell224202623.5026,497622,68037,865,010Form
4Forager, Fund, LP DirectSell219202623.4330,131705,96938,373,045Form
5Forager, Fund, LP DirectSell219202623.7219,050451,86639,562,707Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Nelson, Bradley MChief Executive OfficerDirectBuy916202619.502,50048,7451,578,851Form
2Lambert, Roch DirectBuy916202619.513,84575,016835,808Form
3Forager, Fund, LPDirectSell224202623.5026,497622,68037,865,010Form
4Forager, Fund, LP DirectSell219202623.4330,131705,96938,373,045Form
5Forager, Fund, LP DirectSell219202623.7219,050451,86639,562,707Form
6Forager, Fund, LP DirectSell219202623.7412,163288,75040,048,312Form
7Coliseum, Capital Management, Llc See FootnotesBuy1222202519.6625,000491,50072,691,317Form
8Coliseum, Capital Management, Llc See FootnotesBuy1222202519.7976,0001,504,04072,677,231Form
9Coliseum, Capital Management, Llc See FootnotesBuy1222202519.3433,807653,82769,554,801Form
10Forager, Fund, LPDirectSell1110202520.3381016,46734,543,069Form
11Forager, Fund, LPDirectSell1110202520.3758,0661,182,80434,627,533Form
12Forager, Fund, LPDirectSell1110202520.5044,981922,11036,038,877Form

Investor Activity (13F)

Updated Sep 25, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Coliseum Capital Management, LLC$75.8 Mil6.2%13Hold13F
Divisar Capital Management LLC$14.2 Mil3.6%26Hold13F
Active Manager
Active Manager
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Coliseum Capital Management, LLC$75.8 Mil6.2%13Hold13F
Divisar Capital Management LLC$14.2 Mil3.6%26Hold13F
Core Cache Last Updated: 9/24/2026