Marine Products Corporation (MPX)

Marine Products Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	244.42	236.56	383.73	381	298.01
Revenue Growth (YoY)	3.32%	-38.35%	0.72%	27.84%	24.26%
Cost of Revenue	197.64	191.06	293.35	287.28	229.74
Gross Profit	46.78	45.5	90.38	93.72	68.27
Selling, General & Admin	32.75	27.38	43.21	41.92	31.88
Other Operating Expenses	-	-0.14	-2.04	-	-
Total Operating Expenses	32.75	27.23	41.18	41.92	31.88
Operating Income	14.03	18.27	49.2	51.8	36.39
Interest Income	1.74	2.88	2.86	0.34	0.02
Total Non-Operating Income (Expense)	1.74	2.88	2.86	0.34	0.02
Pretax Income	15.77	21.14	52.06	52.13	36.41
Provision for Income Taxes	4.38	3.29	10.37	11.79	7.38
Net Income	11.38	17.85	41.7	40.35	29.03
Net Income to Common	11.38	17.85	41.7	40.35	29.03
Net Income Growth	-36.24%	-57.18%	3.34%	39.00%	49.28%
Shares Outstanding (Basic)	34	34	34	33	33
Shares Outstanding (Diluted)	34	34	34	33	33
Shares Change (YoY)	0.72%	0.60%	0.51%	0.38%	0.36%
EPS (Basic)	0.32	0.50	1.21	1.18	0.85
EPS (Diluted)	0.32	0.50	1.21	1.18	0.85
EPS Growth	-36.00%	-58.68%	2.54%	38.82%	49.12%
Shares Outstanding	35	34.71	34.47	34.22	33.99
Free Cash Flow	14.92	24.93	46.67	46.85	-0.79
Free Cash Flow Growth	-40.14%	-46.59%	-0.38%	-	-
Free Cash Flow Per Share	0.44	0.74	1.39	1.40	-0.02
Dividends Per Share	0.560	0.560	0.560	0.520	0.480
Dividend Growth	-	-	7.69%	8.33%	41.18%
Gross Margin	19.14%	19.23%	23.55%	24.60%	22.91%
Operating Margin	5.74%	7.72%	12.82%	13.59%	12.21%
Profit Margin	4.66%	7.55%	10.87%	10.59%	9.74%
FCF Margin	6.11%	10.54%	12.16%	12.30%	-0.27%
EBITDA	17.17	21.05	51.62	53.7	38.21
EBITDA Margin	7.02%	8.90%	13.45%	14.09%	12.82%
EBIT	14.03	18.27	49.2	51.8	36.39
EBIT Margin	5.74%	7.72%	12.82%	13.59%	12.21%
Effective Tax Rate	27.80%	15.56%	19.91%	22.61%	20.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q