See more : Non-Standard Finance plc (NSF.L) Income Statement Analysis – Financial Results
Complete financial analysis of Marine Products Corporation (MPX) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Marine Products Corporation, a leading company in the Auto – Recreational Vehicles industry within the Consumer Cyclical sector.
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Marine Products Corporation (MPX)
Industry: Auto - Recreational Vehicles
Sector: Consumer Cyclical
Website: https://www.marineproductscorp.com
About Marine Products Corporation
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 383.73M | 381.00M | 298.01M | 239.83M | 292.14M | 298.62M | 267.32M | 241.33M | 207.06M | 171.05M | 168.04M | 148.95M | 106.44M | 101.01M | 48.47M | 175.62M | 244.27M | 261.38M | 272.06M | 252.42M | 193.98M | 162.68M | 134.69M | 148.28M | 122.88M | 103.50M |
| Cost of Revenue | 293.35M | 287.28M | 229.74M | 186.22M | 226.74M | 232.29M | 208.30M | 190.86M | 163.26M | 138.38M | 137.68M | 121.75M | 86.93M | 83.30M | 46.00M | 143.68M | 191.81M | 201.97M | 202.94M | 186.83M | 143.66M | 125.28M | 105.34M | 114.08M | 93.25M | 77.78M |
| Gross Profit | 90.38M | 93.72M | 68.27M | 53.61M | 65.39M | 66.32M | 59.02M | 50.47M | 43.80M | 32.67M | 30.37M | 27.20M | 19.51M | 17.71M | 2.48M | 31.95M | 52.46M | 59.41M | 69.12M | 65.59M | 50.32M | 37.40M | 29.35M | 34.20M | 29.63M | 25.72M |
| Gross Profit Ratio | 23.55% | 24.60% | 22.91% | 22.35% | 22.38% | 22.21% | 22.08% | 20.91% | 21.15% | 19.10% | 18.07% | 18.26% | 18.33% | 17.54% | 5.11% | 18.19% | 21.48% | 22.73% | 25.41% | 25.98% | 25.94% | 22.99% | 21.79% | 23.07% | 24.11% | 24.85% |
| Research & Development | 757.00K | 437.00K | 776.00K | 751.00K | 730.00K | 822.00K | 960.00K | 858.00K | 663.00K | 743.00K | 1.07M | 768.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 43.13M | 41.84M | 30.24M | 27.23M | 28.72M | 28.47M | 26.96M | 24.87M | 20.77M | 18.37M | 18.24M | 16.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.22M | 16.95M | 0.00 | 0.00 |
| Selling & Marketing | -1.54M | 76.80K | 1.65M | 2.01M | 2.54M | 2.47M | 2.31M | 2.55M | 2.48M | 2.29M | 2.11M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 41.59M | 41.92M | 31.88M | 29.24M | 31.26M | 30.94M | 29.26M | 27.42M | 23.25M | 20.67M | 20.36M | 18.44M | 14.13M | 13.99M | 21.64M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 16.22M | 16.95M | 15.15M | 13.58M |
| Other Expenses | -1.17M | 0.00 | 0.00 | 0.00 | 0.00 | -4.18M | 29.26M | 27.42M | 23.25M | 20.67M | 20.31M | 18.44M | 14.13M | 13.99M | 12.61M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 0.00 | 1.80M | 15.15M | 13.58M |
| Operating Expenses | 41.18M | 41.92M | 31.88M | 29.24M | 31.26M | 30.94M | 29.26M | 27.42M | 23.25M | 20.67M | 20.36M | 18.44M | 14.13M | 13.99M | 21.64M | 23.15M | 30.23M | 32.47M | 33.56M | 29.81M | 23.02M | 18.02M | 16.22M | 18.75M | 15.15M | 13.58M |
| Cost & Expenses | 334.53M | 329.20M | 261.62M | 215.46M | 258.00M | 263.23M | 237.56M | 218.28M | 186.51M | 159.04M | 158.03M | 140.19M | 101.06M | 97.29M | 67.63M | 166.82M | 222.04M | 234.45M | 236.49M | 216.64M | 166.68M | 143.30M | 121.57M | 132.82M | 108.39M | 91.35M |
| Interest Income | 2.86M | 338.00K | 16.00K | 95.00K | 323.00K | 268.00K | 229.00K | 355.00K | 420.00K | 521.00K | 524.00K | 960.00K | 997.00K | 1.17M | 1.66M | 2.59M | 2.59M | 1.33M | 1.33M | 590.00K | 0.00 | 600.00K | 689.00K | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 338.00K | 338.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 2.42M | 1.91M | 1.82M | 1.95M | 2.09M | 1.82M | 1.53M | 1.38M | 1.01M | 712.00K | 726.00K | 768.00K | 889.00K | 1.08M | 1.35M | 1.69M | 1.95M | 2.13M | 3.02M | 2.53M | 2.31M | 2.08M | 2.27M | 1.80M | 1.55M | 0.00 |
| EBITDA | 49.58M | 53.70M | 38.21M | 26.32M | 34.14M | 37.21M | 31.29M | 24.43M | 21.56M | 12.72M | 10.23M | 9.53M | 6.27M | 4.80M | -17.81M | 10.49M | 24.19M | 29.06M | 38.58M | 38.31M | 29.61M | 19.38M | 13.12M | 17.26M | 16.03M | 12.14M |
| EBITDA Ratio | 12.92% | 13.59% | 12.21% | 10.16% | 11.68% | 11.85% | 11.13% | 9.55% | 9.93% | 7.02% | 5.96% | 5.88% | 3.15% | 3.68% | -39.53% | 5.97% | 9.90% | 11.12% | 14.18% | 15.18% | 15.26% | 13.19% | 11.43% | 7.04% | 13.04% | 11.73% |
| Operating Income | 49.20M | 51.80M | 36.39M | 24.36M | 34.14M | 35.39M | 29.76M | 23.05M | 20.55M | 12.01M | 10.01M | 8.76M | 5.38M | 3.72M | -19.16M | 8.80M | 22.24M | 26.93M | 35.56M | 35.78M | 27.30M | 19.38M | 13.12M | 15.46M | 14.48M | 12.14M |
| Operating Income Ratio | 12.82% | 13.59% | 12.21% | 10.16% | 11.68% | 11.85% | 11.13% | 9.55% | 9.93% | 7.02% | 5.96% | 5.88% | 5.05% | 3.68% | -39.53% | 5.01% | 9.10% | 10.30% | 13.07% | 14.17% | 14.07% | 11.91% | 9.74% | 10.42% | 11.79% | 11.73% |
| Total Other Income/Expenses | 2.86M | 338.00K | 16.00K | 95.00K | 323.00K | 268.00K | 229.00K | 355.00K | 420.00K | 521.00K | 524.00K | 960.00K | 3.02M | 1.17M | 1.66M | 2.42M | 2.59M | 2.50M | 1.33M | 590.00K | 501.00K | 600.00K | 689.00K | 7.10M | 233.00K | 240.00K |
| Income Before Tax | 52.06M | 52.13M | 36.41M | 24.46M | 34.46M | 35.66M | 29.99M | 23.41M | 20.97M | 12.53M | 10.53M | 9.72M | 8.40M | 4.89M | -17.50M | 11.22M | 24.83M | 29.44M | 36.89M | 36.37M | 27.80M | 19.98M | 138.11M | 22.55M | 14.72M | 12.38M |
| Income Before Tax Ratio | 13.57% | 13.68% | 12.22% | 10.20% | 11.80% | 11.94% | 11.22% | 9.70% | 10.13% | 7.32% | 6.27% | 6.53% | 7.89% | 4.84% | -36.10% | 6.39% | 10.16% | 11.26% | 13.56% | 14.41% | 14.33% | 12.28% | 102.54% | 15.21% | 11.98% | 11.96% |
| Income Tax Expense | 10.37M | 11.79M | 7.38M | 5.01M | 6.22M | 7.17M | 10.69M | 6.66M | 6.67M | 3.61M | 2.74M | 2.74M | 1.67M | 1.04M | -6.81M | 3.63M | 8.40M | 9.12M | 10.67M | 12.62M | 9.73M | 7.59M | 5.25M | 8.59M | 5.60M | 4.71M |
| Net Income | 41.70M | 40.35M | 29.03M | 19.44M | 28.24M | 28.49M | 19.30M | 16.75M | 14.31M | 8.91M | 7.79M | 6.98M | 6.73M | 3.85M | -10.69M | 7.59M | 16.42M | 20.31M | 26.22M | 23.74M | 18.07M | 12.39M | 8.56M | 13.96M | 9.12M | 7.67M |
| Net Income Ratio | 10.87% | 10.59% | 9.74% | 8.11% | 9.67% | 9.54% | 7.22% | 6.94% | 6.91% | 5.21% | 4.64% | 4.69% | 6.32% | 3.81% | -22.06% | 4.32% | 6.72% | 7.77% | 9.64% | 9.41% | 9.32% | 7.62% | 6.36% | 9.42% | 7.42% | 7.41% |
| EPS | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 | 0.21 | 0.19 | 0.19 | 0.11 | -0.30 | 0.21 | 0.44 | 0.54 | 0.69 | 0.41 | 0.32 | 0.22 | 0.23 | 0.36 | 0.24 | 0.20 |
| EPS Diluted | 1.21 | 1.18 | 0.85 | 0.56 | 0.81 | 0.83 | 0.55 | 0.44 | 0.39 | 0.24 | 0.21 | 0.19 | 0.18 | 0.11 | -0.30 | 0.21 | 0.43 | 0.52 | 0.65 | 0.39 | 0.32 | 0.22 | 0.22 | 0.36 | 0.24 | 0.20 |
| Weighted Avg Shares Out | 33.61M | 33.44M | 33.31M | 33.93M | 34.06M | 34.53M | 33.75M | 36.63M | 36.96M | 36.94M | 36.82M | 36.66M | 36.37M | 36.18M | 35.96M | 35.17M | 37.33M | 37.62M | 38.00M | 38.43M | 38.04M | 38.12M | 37.78M | 38.31M | 37.99M | 38.31M |
| Weighted Avg Shares Out (Dil) | 33.61M | 33.44M | 33.31M | 33.93M | 34.06M | 34.53M | 34.84M | 37.86M | 37.15M | 37.23M | 37.14M | 36.80M | 36.74M | 36.67M | 35.96M | 35.17M | 38.19M | 39.07M | 40.34M | 40.75M | 40.18M | 40.30M | 39.32M | 38.31M | 37.99M | 38.31M |
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