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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $55.46M | - | $42.92M | $54.79M | $48.05M | - | $40.67M | $56.37M | $55.36M | - |
| Gross Profit | $11.07M | - | $10.23M | $12.91M | $10.95M | - | $9.18M | $13.17M | $13.98M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $8.82M | - | $7.36M | $8.10M | $8.34M | - | $5.64M | $7.42M | $8.74M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $785.0K | - | - | - | $789.0K | - | - | - | $682.0K | - |
| Operating Income | ($2.72M) | - | $2.87M | $4.81M | $2.61M | - | $3.59M | $5.75M | $5.24M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($329.0K) | - | $658.0K | $1.13M | $849.0K | - | $820.0K | $1.04M | $1.50M | - |
| Net Income | ($2.06M) | - | $2.65M | $4.16M | $2.21M | - | $3.40M | $5.58M | $4.60M | - |
| EPS - Basic | ($0.06) | - | $0.07 | $0.12 | $0.06 | - | $0.10 | $0.14 | $0.13 | - |
| EPS - Diluted | ($0.06) | - | $0.07 | $0.12 | $0.06 | - | $0.10 | $0.14 | $0.13 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $45.80M | $43.51M | $47.40M | $50.17M | $57.10M | $52.38M | $53.53M | $55.13M | $81.22M | $71.95M |
| Accounts Receivable | $5.20M | $6.87M | $5.06M | $6.05M | $7.79M | $4.18M | $5.45M | $5.73M | $7.75M | $2.48M |
| Inventory | $55.10M | $54.69M | $61.46M | $51.19M | $52.86M | $49.96M | $52.60M | $53.08M | $55.21M | $61.61M |
| Accounts Payable | $14.49M | $6.65M | $13.04M | $7.15M | $18.64M | $5.50M | $8.06M | $7.96M | $13.06M | $6.07M |
| Current Assets | $113.17M | $110.58M | $140.71M | $131.14M | $122.61M | $109.99M | $115.49M | $117.61M | $147.96M | $139.25M |
| Total Assets | $149.20M | $147.23M | $179.45M | $173.25M | $182.88M | $171.25M | $176.32M | $175.73M | $204.04M | $193.80M |
| Current Liabilities | $29.49M | $20.61M | $51.43M | $44.29M | $33.54M | $18.92M | $24.64M | $24.55M | $31.51M | $22.57M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $31.14M | $22.27M | $53.20M | $46.01M | $56.48M | $42.24M | $47.52M | $46.47M | $52.66M | $42.21M |
| Stockholders' Equity | $118.06M | $124.97M | $126.26M | $127.23M | $126.40M | $129.00M | $128.79M | $129.26M | $151.38M | $151.59M |
| Retained Earnings | $114.53M | $121.47M | $122.76M | $123.73M | $122.91M | $125.53M | $125.32M | $125.78M | $147.91M | $148.14M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $9.05M | - | - | - | $10.77M | - | - | - | $15.91M | - |
| Investing Cash Flow | ($496.0K) | - | - | - | ($96.0K) | - | - | - | ($883.0K) | - |
| Financing Cash Flow | ($6.27M) | - | - | - | ($5.95M) | - | - | - | ($5.76M) | - |
| CapEx | $496.0K | - | - | - | $96.0K | - | - | - | $883.0K | - |
| Free Cash Flow | $8.55M | - | - | - | $10.67M | - | - | - | $15.03M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | -4.14 | - | - | - | 4.84 | - | - | - | 3.27 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | 19.9% | 21.3% | 27.8% | - | 19.4% | 15.7% | 24.6% | - |
| Return on assets | -1.4% | - | 1.5% | 2.4% | 1.2% | - | 1.9% | 3.2% | 2.3% | - |
| Return on equity | -1.7% | - | 2.1% | 3.3% | 1.7% | - | 2.6% | 4.3% | 3.0% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.84 | 5.37 | 2.74 | 2.96 | 3.66 | 5.81 | 4.69 | 4.79 | 4.70 | 6.17 |
| Quick ratio | 1.97 | 2.71 | 1.54 | 1.81 | 2.08 | 3.17 | 2.55 | 2.63 | 2.94 | 3.44 |
| Cash ratio | 1.55 | 2.11 | 0.92 | 1.13 | 1.70 | 2.77 | 2.17 | 2.25 | 2.58 | 3.19 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.26 | 1.18 | 1.42 | 1.36 | 1.45 | 1.33 | 1.37 | 1.36 | 1.35 | 1.28 |
| Liabilities / Assets | 0.21 | 0.15 | 0.30 | 0.27 | 0.31 | 0.25 | 0.27 | 0.26 | 0.26 | 0.22 |
| Efficiency | ||||||||||
| Asset turnover | - | - | - | - | - | - | - | - | - | - |
| Inventory turnover | 1.01 | - | 0.70 | 1.07 | 0.91 | - | 0.77 | 1.06 | 1.00 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 363d | - | 523d | 341d | 402d | - | 472d | 344d | 364d | - |
| Days payable outstanding | 95d | - | 111d | 48d | 142d | - | 72d | 52d | 86d | - |
| 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) | 1.1% | - | 11.4% | -2.0% | -21.7% | - | -52.3% | -54.0% | -51.8% | - |
| Operating income growth (YoY) | - | - | -20.2% | -16.3% | -50.2% | - | -71.1% | -65.1% | -63.8% | - |
| Net income growth (YoY) | - | - | -22.2% | -25.5% | -52.0% | - | -67.3% | -61.0% | -60.2% | - |
| EPS growth (YoY) | - | - | -30.0% | -14.3% | -53.8% | - | -66.7% | -66.7% | -61.8% | - |
| EPS CAGR (3y) | - | - | -41.0% | -25.5% | -34.1% | - | -20.6% | -6.3% | -18.5% | - |
| EPS CAGR (5y) | - | - | -18.1% | 19.1% | -12.9% | - | -15.3% | -12.3% | -10.0% | - |
| FCF growth (YoY) | -19.8% | - | - | - | -29.0% | - | - | - | -40.2% | - |
| FCF CAGR (5y) | 1.6% | - | - | - | 14.6% | - | - | - | 18.6% | - |
| Book value growth (YoY) | -6.6% | -3.1% | -2.0% | -1.6% | -16.5% | -14.9% | -14.2% | -10.0% | 13.9% | 21.9% |
Peer comparison
Same SIC group: Ship & Boat Building & Repairing
Comparing MARINE PRODUCTS CORP against the 5 most active filers in the same SIC group.