MPX - NYSE

Marine Products Corporation

MPX·NYSE

$8.18

-0.61%

Consumer CyclicalAuto - Recreational Vehicles

Marine 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$280.04M

EPS0.3300

P/E Ratio26.91

Earnings Date07/29/2026

244.42M

Revenue

3Y-36.0%

5Y+2.0%

10Y+1.0%

11.38M

Net Income

-36%

3Y-72.0%

5Y-41.0%

10Y-32.0%

16.46M

Operating Cash Flow

-44%

3Y-67.0%

5Y-45.0%

10Y+4.0%

Marine Products Corporation Profit Bridge

MPX · NYSE

Revenue & Cost of Sales

Revenue244.42M

Cost of Goods Sold (197.64M)

Gross Profit46.77M

Operating Expenses

Operating Expenses (32.75M)

Operating Income14.03M

Other Income & Taxes

Interest Expense (0.00)

Other Income/Expense1.74M

Pretax Income15.77M

Income Tax (4.38M)

Net Income11.38M

Net Income

11.38M

Profitability Analysis

Gross Margin

19.1%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

5.7%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

4.7%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

27.8%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Marine Products Corporation Income Statement

MPX • NYSE

Marine Products Corporation Income Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
REVENUE
Revenue	244.4M	236.6M	383.7M	381M	298M	239.8M	292.1M	298.6M	267.3M	241.3M	207.1M	171.1M	168M	149M	106.4M	101M	48.5M	175.6M	244.3M	261.4M
GROSS PROFIT
Cost of Revenue	(197.6M)	(191.1M)	(293.4M)	(287.3M)	(229.7M)	(186.2M)	(226.7M)	(232.3M)	(208.3M)	(190.9M)	(163.3M)	(138.4M)	(137.7M)	(121.7M)	(86.9M)	(83.3M)	(46M)	(143.7M)	(191.8M)	(202M)
Gross Profit	46.8M	45.5M	90.4M	93.7M	68.3M	53.6M	65.4M	66.3M	59M	50.5M	43.8M	32.7M	30.4M	27.2M	19.5M	17.7M	2.5M	31.9M	52.5M	59.4M
OPERATING INCOME
Operating Expenses	(32.7M)	(27.4M)	(41.2M)	(41.9M)	(31.9M)	(29.2M)	(31.3M)	(30.9M)	(29.3M)	(27.4M)	(23.2M)	(20.7M)	(20.4M)	(18.4M)	(14.1M)	(14M)	(21.6M)	(23.1M)	(30.2M)	(32.5M)
Selling, General & Administrative	(0.0)	(27.4M)	(41.6M)	(41.9M)	(31.9M)	(29.2M)	(31.3M)	(30.9M)	(29.3M)	(27.4M)	(23.2M)	(20.7M)	(20.4M)	(18.4M)	(14.1M)	(14M)	(21.6M)	(23.1M)	(30.2M)	(32.5M)
Research & Development	(0.0)	(0.0)	(757K)	(437K)	(776K)	(751K)	(730K)	(822K)	(960K)	(858K)	(663K)	(743K)	(1.1M)	(768K)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Operating Income	14M	18.3M	49.2M	51.8M	36.4M	24.4M	34.1M	35.4M	29.8M	23.1M	20.6M	12M	10M	8.8M	5.4M	3.7M	-19.2M	8.8M	22.2M	26.9M
PRE-TAX INCOME
Net Interest Income	1.7M	2.9M	2.9M	338K	16K	95K	323K	268K	229K	355K	420K	521K	524K	960K	997K	1.2M	1.7M	2.4M	0.0	0.0
Other Expenses	(32.7M)	(0.0)	-1.2M	-437K	-776K	-751K	-730K	-4.2M	(29.3M)	(27.4M)	(23.2M)	(20.7M)	(20.3M)	(18.4M)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)
Total Other Income Expenses Net	1.7M	2.9M	2.9M	338K	16K	95K	323K	268K	229K	355K	420K	521K	524K	960K	3M	1.2M	1.7M	2.4M	2.6M	2.5M
Income Before Tax	15.8M	21.1M	52.1M	52.1M	36.4M	24.5M	34.5M	35.7M	30M	23.4M	21M	12.5M	10.5M	9.7M	8.4M	4.9M	-17.5M	11.2M	24.8M	29.4M
NET INCOME
Income Tax Expense	(4.4M)	(3.3M)	(10.4M)	(11.8M)	(7.4M)	(5M)	(6.2M)	(7.2M)	(10.7M)	(6.7M)	(6.7M)	(3.6M)	(2.7M)	(2.7M)	(1.7M)	(1M)	-6.8M	(3.6M)	(8.4M)	(9.1M)
Net Income	11.4M	17.9M	41.7M	40.3M	29M	19.4M	28.2M	28.5M	19.3M	16.7M	14.3M	8.9M	7.8M	7M	6.7M	3.9M	-10.7M	7.6M	16.4M	20.3M

SEC Filings

MPX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 15, 2026	May 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 08, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 07, 2026	May 07, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 29, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 28, 2026	April 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 18, 2026	March 12, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 05, 2026	February 05, 2026	2026	View Filing

Showing 1 to 10 of 524 filings

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