MPX · Marine Products Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - |
| Cost of Revenue | $197.64M | $191.06M | $293.35M | $287.28M | $229.74M | $186.22M |
| Gross Profit | $46.77M | $45.50M | $90.38M | $93.72M | $68.27M | $53.60M |
| R&D | - | - | - | - | - | - |
| SG&A | $32.75M | $27.38M | $43.21M | $41.92M | $31.88M | $29.24M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $3.14M | $2.79M | $2.42M | $1.95M | $1.82M | $1.95M |
| Operating Income | $14.03M | $18.27M | $49.20M | $51.80M | $36.39M | $24.36M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $4.38M | $3.29M | $10.37M | $11.79M | $7.38M | $5.01M |
| Net Income | $11.38M | $17.85M | $41.70M | $40.35M | $29.03M | $19.44M |
| EPS - Basic | $0.32 | $0.50 | $1.21 | $1.18 | $0.85 | $0.57 |
| EPS - Diluted | $0.32 | $0.50 | $1.21 | $1.18 | $0.85 | $0.57 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $43.51M | $52.38M | $71.95M | $43.17M | $31.57M | $31.57M |
| Accounts Receivable | $6.87M | $4.18M | $2.48M | $5.34M | $3.26M | $4.71M |
| Inventory | $54.69M | $49.96M | $61.61M | $73.02M | $73.26M | $42.31M |
| Accounts Payable | $6.65M | $5.50M | $6.07M | $8.25M | $6.77M | $6.08M |
| Current Assets | $110.58M | $109.99M | $139.25M | $125.00M | $93.11M | $80.54M |
| Total Assets | $147.23M | $171.25M | $193.80M | $163.72M | $132.84M | $119.42M |
| Current Liabilities | $20.61M | $18.92M | $22.57M | $23.59M | $18.07M | $21.66M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $22.27M | $42.24M | $42.21M | $39.33M | $34.32M | $34.90M |
| Stockholders' Equity | $124.97M | $129.00M | $151.59M | $124.38M | $98.53M | $84.52M |
| Retained Earnings | $121.47M | $125.53M | $148.14M | $122.95M | $97.70M | $83.08M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.46M | $29.53M | $56.85M | $49.35M | $457.0K | $29.87M |
| Investing Cash Flow | ($4.68M) | ($4.43M) | ($7.87M) | ($2.50M) | ($1.25M) | ($2.06M) |
| Financing Cash Flow | ($20.65M) | ($44.67M) | ($20.19M) | ($17.78M) | ($16.68M) | ($16.04M) |
| CapEx | $1.54M | $4.60M | $10.17M | $2.50M | $1.25M | $2.10M |
| Free Cash Flow | $14.92M | $24.93M | $46.67M | $46.85M | ($791.0K) | $27.77M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | 1.31 | 1.40 | 1.12 | 1.16 | -0.03 | 1.43 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - |
| Effective tax rate | 27.8% | 15.6% | 19.9% | 22.6% | 20.3% | 20.5% |
| Return on assets | 7.7% | 10.4% | 21.5% | 24.6% | 21.9% | 16.3% |
| Return on equity | 9.1% | 13.8% | 27.5% | 32.4% | 29.5% | 23.0% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 5.37 | 5.81 | 6.17 | 5.30 | 5.15 | 3.72 |
| Quick ratio | 2.71 | 3.17 | 3.44 | 2.20 | 1.10 | 1.76 |
| Cash ratio | 2.11 | 2.77 | 3.19 | 1.83 | 1.75 | 1.46 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.18 | 1.33 | 1.28 | 1.32 | 1.35 | 1.41 |
| Liabilities / Assets | 0.15 | 0.25 | 0.22 | 0.24 | 0.26 | 0.29 |
| Efficiency | ||||||
| Asset turnover | - | - | - | - | - | - |
| Inventory turnover | 3.61 | 3.82 | 4.76 | 3.93 | 3.14 | 4.40 |
| Days sales outstanding | - | - | - | - | - | - |
| Days inventory outstanding | 101d | 95d | 77d | 93d | 116d | 83d |
| Days payable outstanding | 12d | 11d | 8d | 10d | 11d | 12d |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | 2.8% | -49.7% | -3.6% | 37.3% | 27.4% | -18.0% |
| Operating income growth (YoY) | -23.2% | -62.9% | -5.0% | 42.3% | 49.4% | -28.6% |
| Net income growth (YoY) | -36.2% | -57.2% | 3.3% | 39.0% | 49.3% | -31.1% |
| EPS growth (YoY) | -36.0% | -58.7% | 2.5% | 38.8% | 49.1% | -31.3% |
| EPS CAGR (3y) | -35.3% | -16.2% | 28.5% | 12.4% | 0.8% | 1.2% |
| EPS CAGR (5y) | -10.9% | -9.6% | 7.8% | 16.5% | 14.1% | 7.9% |
| FCF growth (YoY) | -40.1% | -46.6% | -0.4% | - | - | -12.1% |
| FCF CAGR (5y) | -11.7% | -4.6% | 27.8% | 11.5% | - | 18.0% |
| Book value growth (YoY) | -3.1% | -14.9% | 21.9% | 26.2% | 16.6% | 9.5% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Ship & Boat Building & Repairing
Comparing MARINE PRODUCTS CORP against the 5 most active filers in the same SIC group.