HZO vs. MATX
HZO (MarineMax, Inc.) and MATX (Matson, Inc.) are both stocks. HZO operates in Specialty Retail (Consumer Cyclical), while MATX operates in Marine Shipping (Industrials). Over the past 10 years, HZO returned 5.79%/yr vs 20.47%/yr for MATX. Their 0.36 correlation means their historical movements had little consistent relationship.
Performance
HZO vs. MATX - Performance Comparison
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Returns By Period
In the year-to-date period, HZO achieves a 42.26% return, which is significantly lower than MATX's 64.66% return. Over the past 10 years, HZO has underperformed MATX with an annualized return of 5.79%, while MATX has yielded a comparatively higher 20.47% annualized return.
HZO
- 1D
- -1.60%
- 1M
- -0.03%
- 6M
- 27.52%
- YTD
- 42.26%
- 1Y
- 54.64%
- 3Y*
- -4.29%
- 5Y*
- -8.52%
- 10Y*
- 5.79%
- ALL TIME*
- 3.67%
MATX
- 1D
- -0.52%
- 1M
- -0.46%
- 6M
- 26.91%
- YTD
- 64.66%
- 1Y
- 89.41%
- 3Y*
- 30.66%
- 5Y*
- 26.37%
- 10Y*
- 20.47%
- ALL TIME*
- 10.52%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.99M | $9.95M | $11.32M | |
MATX Matson, Inc. | $60.53M | $65.75M | $56.66M |
HZO vs. MATX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HZO MarineMax, Inc. | 42.26% | -16.30% | -25.58% | 24.60% | -47.12% | 68.54% | 109.89% | -8.85% | -3.12% | -2.33% |
MATX Matson, Inc. | 64.66% | -7.21% | 24.30% | 78.20% | -29.53% | 60.35% | 43.05% | 30.32% | 9.78% | -13.51% |
Correlation
The correlation between HZO and MATX is 0.46, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.46 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 1998 | 0.36 |
The correlation between HZO and MATX shifts across timeframes, from 0.36 (all time) to 0.46 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
HZO:
$759.31M
MATX:
$6.13B
HZO:
$0.18
MATX:
$13.77
HZO:
190.88
MATX:
14.71
HZO:
34.64
MATX:
2.45
HZO:
0.35
MATX:
1.90
HZO:
0.83
MATX:
2.27
HZO:
$2.20B
MATX:
$3.32B
HZO:
$751.27M
MATX:
$610.50M
HZO:
$79.75M
MATX:
$712.90M
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Return for Risk
HZO vs. MATX — Risk / Return Rank
HZO
MATX
HZO vs. MATX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarineMax, Inc. (HZO) and Matson, Inc. (MATX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HZO | MATX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.51 | ||
| Sortino ratioReturn per unit of downside risk | -1.80 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.42 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 4.12 | -1.93 |
| Martin ratioReturn relative to average drawdown | 5.55 | 13.52 | -7.97 |
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Drawdowns
HZO vs. MATX - Drawdown Comparison
The maximum HZO drawdown since its inception was -96.75%, which is greater than MATX's maximum drawdown of -71.40%. Use the drawdown chart below to compare losses from any high point for HZO and MATX.
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Drawdown Indicators
| HZO | MATX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.75% | -71.40% | -25.35% |
Max Drawdown (1Y)Largest decline over 1 year | -23.85% | -22.40% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -54.96% | -46.90% | -8.06% |
Max Drawdown (5Y)Largest decline over 5 years | -70.10% | -53.63% | -16.47% |
Max Drawdown (10Y)Largest decline over 10 years | -73.44% | -53.63% | -19.81% |
Current DrawdownCurrent decline from peak | -48.15% | -9.38% | -38.77% |
Average DrawdownAverage peak-to-trough decline | -46.33% | -31.11% | -15.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.39% | 6.81% | +2.58% |
Volatility
HZO vs. MATX - Volatility Comparison
MarineMax, Inc. (HZO) has a higher volatility of 12.28% compared to Matson, Inc. (MATX) at 9.82%. This indicates that HZO's price experiences larger fluctuations and is considered to be riskier than MATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HZO | MATX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.28% | 9.82% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 35.17% | 23.80% | +11.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.46% | 36.56% | +14.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.62% | 39.71% | +12.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.26% | 42.22% | +13.04% |
Dividends
HZO vs. MATX - Dividend Comparison
HZO has not paid dividends to shareholders, while MATX's dividend yield for the trailing twelve months is around 0.71%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HZO MarineMax, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MATX Matson, Inc. | 0.71% | 1.13% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% |
Financials
HZO vs. MATX - Financials Comparison
This section allows you to compare key financial metrics between MarineMax, Inc. and Matson, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HZO vs. MATX - Profitability Comparison
HZO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, MarineMax, Inc. reported a gross profit of 218.08M and revenue of 611.26M. Therefore, the gross margin over that period was 35.7%.
MATX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Matson, Inc. reported a gross profit of 0.00 and revenue of 757.80M. Therefore, the gross margin over that period was 0.0%.
HZO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, MarineMax, Inc. reported an operating income of 37.22M and revenue of 611.26M, resulting in an operating margin of 6.1%.
MATX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Matson, Inc. reported an operating income of 61.40M and revenue of 757.80M, resulting in an operating margin of 8.1%.
HZO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, MarineMax, Inc. reported a net income of 15.36M and revenue of 611.26M, resulting in a net margin of 2.5%.
MATX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Matson, Inc. reported a net income of 56.60M and revenue of 757.80M, resulting in a net margin of 7.5%.
Frequently Asked Questions
HZO and MATX have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HZO has higher volatility (12.28%) compared to MATX (9.82%). In terms of maximum drawdown, HZO dropped -96.75% vs MATX's -71.40%.
MATX currently has the higher Sharpe Ratio (2.52 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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