About Marine Products Corporation
https://www.marineproductscorp.comMarine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide.
CEO
Ben M. Palmer
Compensation Summary
(Year 2024)
Salary $450,000
Stock Awards $720,375
Incentive Plan Pay $157,500
Total Compensation $1,327,875
Industry Auto - Recreational Vehicles
Sector Consumer Cyclical
Went public March 1, 2001
Method of going public Reverse Merger
Full time employees 617
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-03-11 | Forward | 3:2 |
| 2004-03-11 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Total 65
Showing Top 3 of 65
Ratings Snapshot
Rating : B
Discounted Cash Flow 4
Return On Equity 4
Return On Assets 4
Debt To Equity 1
Price To Earnings 2
Price To Book 2
Overall Score 3
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Institutional Ownership
DIMENSIONAL FUND ADVISORS LP
Shares:738.67K
Value:$6.97M
BLACKROCK INC.
Shares:655.66K
Value:$6.19M
BLACKROCK, INC.
Shares:630.09K
Value:$5.95M
Summary
% Of Shares Owned 17.72%
Total Number Of Holders 89
Showing Top 3 of 89
Market Cap $330.39 M
52w High $10.08
52w Low $7.49
Dividend Yield 6.62%
Frequency Quarterly
P/E 24.84
Volume 16.05K
Outstanding Shares 35.00M
About Marine Products Corporation
https://www.marineproductscorp.comMarine Products Corporation designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jet boat markets worldwide.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $53.15M ▼ | $8.56M ▲ | $2.52M ▼ | 4.75% ▼ | $0.08 ▼ | $4.09M ▼ |
| Q2-2025 | $67.7M ▲ | $8.1M ▼ | $4.16M ▲ | 6.15% ▲ | $0.12 ▲ | $6.07M ▲ |
| Q1-2025 | $59M ▲ | $8.34M ▲ | $2.21M ▼ | 3.74% ▼ | $0.06 ▼ | $3.4M ▼ |
| Q4-2024 | $47.82M ▼ | $5.47M ▼ | $4.27M ▲ | 8.92% ▲ | $0.12 ▲ | $4.29M ▼ |
| Q3-2024 | $49.85M | $5.59M | $3.4M | 6.83% | $0.1 | $4.34M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $47.4M ▼ | $179.45M ▲ | $53.2M ▲ | $126.26M ▼ |
| Q2-2025 | $50.17M ▼ | $173.25M ▼ | $46.01M ▼ | $127.23M ▲ |
| Q1-2025 | $57.1M ▲ | $182.88M ▲ | $56.48M ▲ | $126.4M ▼ |
| Q4-2024 | $52.38M ▼ | $171.25M ▼ | $42.24M ▼ | $129M ▲ |
| Q3-2024 | $53.53M | $176.32M | $47.52M | $128.79M |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $2.65M ▼ | $2.58M ▲ | $-445K ▼ | $-4.9M ▲ | $-2.77M ▲ | $2.13M ▲ |
| Q2-2025 | $4.16M ▲ | $-1.6M ▼ | $-427K ▼ | $-4.9M ▲ | $-6.93M ▼ | $-2.03M ▼ |
| Q1-2025 | $2.21M ▼ | $10.77M ▲ | $-96K ▲ | $-5.95M ▼ | $4.72M ▲ | $10.67M ▲ |
| Q4-2024 | $4.27M ▲ | $4.64M ▼ | $-910K ▲ | $-4.89M ▼ | $-1.15M ▲ | $3.62M ▲ |
| Q3-2024 | $3.4M | $5.14M | $-1.86M | $-4.88M | $-1.6M | $3.23M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
 Boats and accessories | $120.00M ▲ | $60.00M ▼ | $70.00M ▲ | $50.00M ▼ |
 Parts | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
Revenue by Geography
| Region | Q4-2024 | Q2-2025 | Q3-2025 | Q1-2025 |
|---|---|---|---|---|
 NonUS | $10.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |
 UNITED STATES | $110.00M ▲ | $70.00M ▼ | $50.00M ▼ | $50.00M ▲ |
CEO
Ben M. Palmer
Compensation Summary
(Year 2024)
Salary $450,000
Stock Awards $720,375
Incentive Plan Pay $157,500
Total Compensation $1,327,875
Industry Auto - Recreational Vehicles
Sector Consumer Cyclical
Went public March 1, 2001
Method of going public Reverse Merger
Full time employees 617
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2005-03-11 | Forward | 3:2 |
| 2004-03-11 | Forward | 3:2 |
ETFs Holding This Stock
Summary
Total 65
Showing Top 3 of 65
Ratings Snapshot
Rating : B
Discounted Cash Flow 4
Return On Equity 4
Return On Assets 4
Debt To Equity 1
Price To Earnings 2
Price To Book 2
Overall Score 3
Price Target
Target High $0
Target Low $0
Target Median $0
Target Consensus $0
Institutional Ownership
DIMENSIONAL FUND ADVISORS LP
Shares:738.67K
Value:$6.97M
BLACKROCK INC.
Shares:655.66K
Value:$6.19M
BLACKROCK, INC.
Shares:630.09K
Value:$5.95M
Summary
% Of Shares Owned 17.72%
Total Number Of Holders 89
Showing Top 3 of 89