Marine Products Corporation (MPX)

Marine Products Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	45.8	43.51	52.38	71.95	43.17	14.1
Cash & Short-Term Investments	45.8	43.51	52.38	71.95	43.17	14.1
Cash Growth	-19.80%	-16.93%	-27.20%	66.67%	206.13%	-55.34%
Accounts Receivable	4.2	5.24	1.16	1.34	4.04	2.44
Other Receivables	3.86	3.83	3.46	1.5	1.33	0.83
Receivables	8.07	9.07	4.62	2.84	5.37	3.27
Inventory	55.1	54.69	49.96	61.61	73.02	73.26
Prepaid Expenses	4.2	3.12	2.9	2.73	2.89	2.34
Other Current Assets	-	0.18	0.15	0.12	0.55	0.13
Total Current Assets	113.17	110.58	109.99	139.25	125	93.11
Property, Plant & Equipment	22.36	22.8	24.47	22.75	15.2	14.44
Goodwill	3.31	3.31	3.31	3.31	3.31	3.31
Other Intangible Assets	0.47	0.47	0.47	0.47	0.47	0.47
Long-Term Deferred Tax Assets	4.89	5.22	9.73	8.59	6.03	4.39
Other Long-Term Assets	5.01	4.86	23.29	19.44	13.71	17.13
Total Assets	149.2	147.23	171.25	193.8	163.72	132.84

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.49	6.65	5.5	6.07	8.25	6.77
Accrued Expenses	6.98	5.56	6.57	7.93	6.24	4.33
Current Portion of Leases	-	0.08	0.08	0.08	0.06	0.05
Current Income Taxes Payable	-	-	-	-	0.34	-
Current Unearned Revenue	0.6	1.19	0.19	0.65	1.99	1.31
Other Current Liabilities	7.42	7.13	6.59	7.84	6.71	5.6
Total Current Liabilities	29.49	20.61	18.92	22.57	23.59	18.07
Long-Term Leases	-	0.07	0.14	0.22	0.18	0.02
Pension & Post-Retirement Benefits	-	-	21.67	18	14.44	15.56
Other Long-Term Liabilities	1.65	1.59	1.51	1.43	1.12	0.67
Total Liabilities	31.14	22.27	42.24	42.21	39.33	34.32

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	3.52	3.5	3.47	3.45	3.42	3.4
Retained Earnings	114.53	121.47	125.53	148.14	122.95	97.7
Comprehensive Income & Other	-	-	-	-	-2	-2.58
Shareholders' Equity	118.06	124.97	129	151.59	124.38	98.53
Total Liabilities & Equity	149.2	147.23	171.25	193.8	163.72	132.84

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	0.15	0.22	0.3	0.24	0.07
Net Cash (Debt)	45.8	43.36	52.16	71.66	42.93	14.03
Net Cash Growth	-19.80%	-16.87%	-27.21%	66.90%	205.99%	-55.39%
Net Cash Per Share	1.31	1.24	1.50	2.08	1.26	0.41
Filing Date Shares Outstanding	34.23	35.24	34.96	34.68	34.44	34.15
Total Common Shares Outstanding	35.23	35	34.71	34.47	34.22	33.99
Working Capital	83.68	89.97	91.07	116.68	101.41	75.04
Book Value Per Share	3.35	3.57	3.72	4.40	3.64	2.90
Tangible Book Value	114.28	121.19	125.23	147.82	120.61	94.75
Tangible Book Value Per Share	3.24	3.46	3.61	4.29	3.52	2.79
Land	-	1.23	1.23	1.02	0.9	0.88
Buildings	-	27.43	26.64	26.07	21.57	21.28
Machinery	-	31.53	30.78	28.15	25.56	24.1
Order Backlog	-	68.9	53.4	-	-	-

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 7, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jan 1, 2000

Data Sources Report a data error