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May 15, 2026·SEC
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Marine Products Corporation(MPX)Earnings, Financials & Key Ratios
MPX•NYSE
$8.18
24.8× P/E·Price updated Jun 20, 2026
AboutMarine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide. The company offers Chaparral sterndrive pleasure boats, including SSi Sport Boats, SSX Sport Boats, and the Surf Series; Chaparral outboard pleasure boats, which include OSX Luxury Sportboats, and SSi and SSX outboard models; and Robalo outboard sport fishing boats. It also provides center and dual consoles, and Cayman Bay Boats under the Robalo brand name. The company sells its products to a network of 206 domestic and 92 international independent authorized dealers. Marine Products Corporation was founded in 1965 and is based in Atlanta, Georgia.Show more
- Revenue$244M+3.3%
- EBITDA$17M-18.5%
- Net Income$11M-36.2%
- EPS (Diluted)0.33-34.0%
- Gross Margin19.14%-0.5%
- EBITDA Margin7.02%-21.1%
- Operating Margin5.74%-25.7%
- Net Margin4.66%-38.3%
- ROE8.96%-29.6%
MPX Price & Volume
Marine Products Corporation (MPX) stock price & volume — 10-year historical chart
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Cyclical Demand Normalization Strains Marine Products Profitability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Cyclical demand and margin compression
Key Thesis Takeaways
- Marine Products Corporation faces a challenging transition as post-pandemic recreational marine demand dissipates, evidenced by a shift to a net loss of $2.1 million in 2026Q1.
- While the company maintains a fortress balance sheet with zero debt, the lack of vertical integration and reliance on third-party suppliers keeps gross margins structurally capped near 19%.
- Investors should monitor the disconnect between wholesale shipment-based revenue recognition and actual retail demand, which may continue to drive earnings volatility.
Verdict Logic
the company's reliance on dealer inventory shipments to drive a $8.6 million working capital inflow in 2026Q1, combined with a net loss, suggests significant underlying operational risks that outweigh the 6.9% dividend yield.
MPX Growth Metrics
Marine Products Corporation (MPX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.67%
5 Years0.38%
3 Years-13.75%
TTM11.38%
Profit CAGR
10 Years-2.26%
5 Years-10.15%
3 Years-34.41%
TTM-54.83%
EPS CAGR
10 Years-1.66%
5 Years-10.04%
3 Years-34.61%
TTM-51.76%
Return on Capital
10 Years30.61%
5 Years25.52%
3 Years17.57%
Last Year10.06%
MPX Recent Earnings
Marine Products Corporation (MPX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (22%)●Beat Revenue 6/12 qtrs (60%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.05
—
Rev
$67M
—
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$0.10+0.0%
$0.10
Rev
$65M+17.4%
$55M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.07-30.0%
$0.10
Rev
$53M-3.0%
$55M
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.12+0.0%
$0.12
Rev
$68M-0.2%
$68M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.05 | $67M |
| Q1 2026 | Feb 5, 2026 | $0.10vs $0.10+0.0% | $65Mvs $55M+17.4% |
| Q4 2025 | Oct 30, 2025 | $0.07vs $0.10-30.0% | $53Mvs $55M-3.0% |
| Q3 2025 | Jul 24, 2025 | $0.12vs $0.12+0.0% | $68Mvs $68M-0.2% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Marine Products Corporation (MPX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $8.18 | $280.04M | 24.79 | 3.32% | 4.66% | 8.96% | 6.85% | |
| $77.33 | $5.04B | -37.18 | 2.4% | -2.47% | -5.12% | — | |
| $25.64 | $503.49M | 33.74 | -2.59% | -0.11% | -0.18% | — | |
| $23.97 | $390.23M | 55.74 | -22.47% | 3.72% | 5.94% | — | |
| $35.59 | $783.96M | -24.89 | -5.01% | -2.83% | -6.71% | — | |
| $10.85 | $180.3M | -1.50 | 5.62% | -6.69% | -40.11% | — |
Compare MPX vs Peers
Marine Products Corporation (MPX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MPX SEC Filings & Documents
Marine Products Corporation (MPX) SEC filings — annual & quarterly reports (10-K, 10-Q)
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MPX Frequently Asked Questions
Marine Products Corporation (MPX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Marine Products Corporation's revenue?
Marine Products Corporation (MPX) reported $251.9M in revenue for fiscal year 2025. This represents a 143% increase from $103.5M in 1998.
How fast is Marine Products Corporation growing?
Marine Products Corporation (MPX) grew revenue by 3.3% over the past year. Growth has been modest.
Is MPX profitable?
Yes, Marine Products Corporation (MPX) is profitable, generating $7.0M in net income for fiscal year 2025 (4.7% net margin).
Dividend & Returns
Does MPX pay dividends?
Yes, Marine Products Corporation (MPX) pays a dividend with a yield of 6.85%. This makes it attractive for income-focused investors.
What is MPX's return on equity?
Marine Products Corporation (MPX) has a return on equity (ROE) of 9.0%. This is below average, suggesting room for improvement.
What is Marine Products Corporation's free cash flow?
Marine Products Corporation (MPX) generated $12.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.