MASTERCRAFT BOAT HOLDINGS, INC.
MCFT Consumer Cyclical Recreational Vehicles
MASTERCRAFT BOAT HOLDINGS, INC.’s revenue for fiscal 2026 (year ended June 2026) was $348.9 million, up 22.8% from fiscal 2025. In the quarter to June 2026, revenue grew 63.4%, EPS fell 200.0% and free cash flow fell 18.3%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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MASTERCRAFT BOAT HOLDINGS, INC. (MCFT) Altman Z-score
MASTERCRAFT BOAT HOLDINGS, INC.'s Altman Z-score for fiscal 2026 is 3.41, in the safe zone (above 2.99).
Altman Z-score, annual
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Annual newest first
| Period | Altman Z-score | Change (points) |
|---|---|---|
| FY2026 | 3.41 | (1.18) |
| FY2025 | 4.60 | 1.03 |
| FY2024 | 3.56 | (2.07) |
| FY2023 | 5.63 | 0.22 |
| FY2022 | 5.40 | 0.92 |
| FY2021 | 4.48 | 2.26 |
| FY2020 | 2.22 | (1.02) |
| FY2019 | 3.25 | (1.70) |
| FY2018 | 4.94 | (0.25) |
| FY2017 | 5.20 | 2.76 |
How fiscal 2026’s score is made up
| Component | This year | Year before | Result | Points |
|---|---|---|---|---|
| Working capital / total assets | 0.11 | — | 0.13 | |
| Retained earnings / total assets | 0.26 | — | 0.36 | |
| EBIT / total assets | 0.00 | — | −0.01 | |
| Market value of equity / total liabilities | 3.72 | — | 2.23 | |
| Sales / total assets | 0.70 | — | 0.70 | |
| Altman Z-score | Safe zone | 3.41 | ||
| Z″ Variant for non-manufacturing and asset-light companies (drops the sales/assets term, uses book equity) | Safe zone | 4.91 | ||
How the Altman Z-score works
Z = 1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets (Altman, 1968). The market value of equity is the close on the last trading day of the fiscal year times weighted basic shares.
Z″ = 6.56 × working capital ÷ total assets + 3.26 × retained earnings ÷ total assets + 6.72 × EBIT ÷ total assets + 1.05 × book equity ÷ total liabilities (Altman, Hartzell and Peck, 1995), the variant for non-manufacturing and asset-light companies.
| Zone | Z | Z″ |
|---|---|---|
| Safe zone | above 2.99 | above 2.60 |
| Grey zone | 1.81–2.99 | 1.10–2.60 |
| Distress zone | below 1.81 | below 1.10 |
Not worked out for banks, insurers and REITs, whose balance sheets the model does not describe, nor when a figure is missing or there is no share price in the week to the fiscal year end.
Altman Z-score against peers
| Company | Altman Z-score |
|---|---|
| LCII LCI Industries compare | 3.5× |
| THO Thor Industries, Inc. compare | 3.5× |
| MCFT MASTERCRAFT BOAT HOLDINGS, INC. | 3.4× |
| WGO Winnebago Industries, Inc. compare | 3.4× |
| PATK Patrick Industries, Inc. compare | 3.3× |
| DOO BRP Inc. compare | 2.5× |
| MBUU Malibu Boats, Inc. compare | 2.4× |
| HOG Harley-Davidson, Inc. compare | 2.1× |
| PII Polaris Inc. compare | 1.6× |
What Altman Z-score is
The Altman Z-Score weighs working capital, retained earnings, operating profit, market value and sales against assets and debts to gauge the risk of distress.
1.2 × working capital ÷ total assets + 1.4 × retained earnings ÷ total assets + 3.3 × EBIT ÷ total assets + 0.6 × market value of equity ÷ total liabilities + 1.0 × revenue ÷ total assets