MPX
Marine Products Corporation
NYSE: MPX · CONSUMER CYCLICAL · RECREATIONAL VEHICLES
$7.92
+1.28% today
Updated 2026-04-30
Market cap
$278.70M
P/E ratio
24.72
P/S ratio
1.14x
EPS (TTM)
$0.32
Dividend yield
7.01%
52W range
$7 – $10
Volume
0.0M
Marine Products Corporation (MPX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $261.38M | $244.27M | $175.62M | $48.47M | $101.01M | $106.44M | $148.95M | $168.04M | $171.05M | $207.06M | $241.33M | $267.32M | $298.62M | $292.14M | $239.82M | $298.01M | $381.00M | $383.73M | $236.56M | $244.42M |
| Revenue growth (YoY) | — | -6.5% | -28.1% | -72.4% | +108.4% | +5.4% | +39.9% | +12.8% | +1.8% | +21.1% | +16.6% | +10.8% | +11.7% | -2.2% | -17.9% | +24.3% | +27.8% | +0.7% | -38.4% | +3.3% |
| Cost of revenue | $201.97M | $191.81M | $143.68M | $46.00M | $83.30M | $86.93M | $121.75M | $137.68M | $138.38M | $163.26M | $190.86M | $208.30M | $232.29M | $226.74M | $186.22M | $229.74M | $287.28M | $293.35M | $191.06M | $197.64M |
| Gross profit | $59.41M | $52.46M | $31.95M | $2.48M | $17.71M | $19.51M | $27.20M | $30.36M | $32.67M | $43.80M | $50.47M | $59.02M | $66.32M | $65.39M | $53.60M | $68.27M | $93.72M | $90.38M | $45.50M | $46.77M |
| Gross margin | 22.7% | 21.5% | 18.2% | 5.1% | 17.5% | 18.3% | 18.3% | 18.1% | 19.1% | 21.2% | 20.9% | 22.1% | 22.2% | 22.4% | 22.4% | 22.9% | 24.6% | 23.6% | 19.2% | 19.1% |
| R&D | $1.44M | $1.75M | $1.76M | $712000.00 | $489000.00 | $789000.00 | $768000.00 | $1.07M | $743000.00 | $663000.00 | $858000.00 | $960000.00 | $822000.00 | $730000.00 | $751000.00 | $776000.00 | $437000.00 | $757000.00 | — | — |
| SG&A | $32.47M | $30.23M | $23.15M | $12.61M | $13.99M | $14.13M | $18.44M | $20.31M | $20.66M | $23.25M | $27.41M | $29.26M | $30.94M | $31.26M | $29.24M | $31.88M | $41.84M | $43.13M | $27.29M | $32.75M |
| Operating income | $26.93M | $22.23M | $8.80M | $-19.16M | $3.72M | $5.38M | $8.76M | $10.01M | $12.01M | $20.55M | $23.05M | $29.76M | $35.39M | $34.13M | $24.36M | $36.39M | $51.80M | $49.20M | $18.27M | $14.03M |
| Operating margin | 10.3% | 9.1% | 5.0% | -39.5% | 3.7% | 5.1% | 5.9% | 6.0% | 7.0% | 9.9% | 9.6% | 11.1% | 11.9% | 11.7% | 10.2% | 12.2% | 13.6% | 12.8% | 7.7% | 5.7% |
| EBITDA | $29.06M | $24.18M | $10.49M | $-17.81M | $4.80M | $6.26M | $9.53M | $10.74M | $12.72M | $21.56M | $24.43M | $31.29M | $37.21M | $36.23M | $26.32M | $38.21M | $53.70M | $49.58M | $20.91M | $18.90M |
| EBITDA margin | 11.1% | 9.9% | 6.0% | -36.7% | 4.8% | 5.9% | 6.4% | 6.4% | 7.4% | 10.4% | 10.1% | 11.7% | 12.5% | 12.4% | 11.0% | 12.8% | 14.1% | 12.9% | 8.8% | 7.7% |
| EBIT | $26.93M | $22.23M | $8.80M | $-19.16M | $3.72M | $5.38M | $8.76M | $10.01M | $12.01M | $20.55M | $23.05M | $29.76M | $35.39M | $34.13M | $24.36M | $36.39M | $51.80M | $47.17M | $18.12M | $15.77M |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.09M | $2.41M | $2.05M | $338000.00 | $338000.00 | $90000.00 | — | — |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $20.31M | $16.42M | $7.59M | $-10.69M | $3.85M | $6.73M | $6.98M | $7.79M | $8.91M | $14.31M | $16.75M | $19.30M | $28.49M | $28.24M | $19.44M | $29.03M | $40.35M | $41.70M | $17.85M | $11.38M |
| Net income growth (YoY) | — | -19.2% | -53.8% | -241.0% | +136.0% | +74.7% | +3.7% | +11.7% | +14.4% | +60.5% | +17.0% | +15.3% | +47.6% | -0.9% | -31.1% | +49.3% | +39.0% | +3.3% | -57.2% | -36.2% |
| Profit margin | 7.8% | 6.7% | 4.3% | -22.1% | 3.8% | 6.3% | 4.7% | 4.6% | 5.2% | 6.9% | 6.9% | 7.2% | 9.5% | 9.7% | 8.1% | 9.7% | 10.6% | 10.9% | 7.5% | 4.7% |