MPX
Income statement / Annual
Last year (2024), Marine Products Corporation's total revenue was $236.56 M,
a decrease of 38.35% from the previous year.
In 2024, Marine Products Corporation's net income was $17.85 M.
See Marine Products Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$236.56 M |
$383.73 M |
$381.00 M |
$298.01 M |
$239.83 M |
$292.14 M |
$298.62 M |
$267.32 M |
$241.33 M |
$207.06 M |
| Cost of Revenue |
$191.06 M
|
$293.35 M
|
$287.28 M
|
$229.74 M
|
$186.22 M
|
$226.74 M
|
$232.29 M
|
$208.30 M
|
$190.86 M
|
$163.26 M
|
| Gross Profit |
$45.50 M
|
$90.38 M
|
$93.72 M
|
$68.27 M
|
$53.61 M
|
$65.39 M
|
$66.32 M
|
$59.02 M
|
$50.47 M
|
$43.80 M
|
| Gross Profit Ratio |
0.19
|
0.24
|
0.25
|
0.23
|
0.22
|
0.22
|
0.22
|
0.22
|
0.21
|
0.21
|
| Research and Development Expenses |
$0.00
|
$757,000.00
|
$437,000.00
|
$776,000.00
|
$751,000.00
|
$730,000.00
|
$822,000.00
|
$960,000.00
|
$858,000.00
|
$663,000.00
|
| General & Administrative Expenses |
$27.29 M
|
$43.13 M
|
$41.84 M
|
$30.24 M
|
$27.23 M
|
$28.72 M
|
$28.47 M
|
$26.96 M
|
$24.87 M
|
$20.77 M
|
| Selling & Marketing Expenses |
$85,700.00
|
-$1.54 M
|
$76,800.00
|
$1.65 M
|
$2.01 M
|
$2.54 M
|
$2.47 M
|
$2.31 M
|
$2.55 M
|
$2.48 M
|
| Selling, General & Administrative Expenses |
$27.38 M
|
$41.59 M
|
$41.92 M
|
$31.88 M
|
$29.24 M
|
$31.26 M
|
$30.94 M
|
$29.26 M
|
$27.42 M
|
$23.25 M
|
| Other Expenses |
-$144,000.00
|
-$1.17 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$4.18 M
|
$29.26 M
|
$27.42 M
|
$23.25 M
|
| Operating Expenses |
$27.38 M
|
$41.18 M
|
$41.92 M
|
$31.88 M
|
$29.24 M
|
$31.26 M
|
$30.94 M
|
$29.26 M
|
$27.42 M
|
$23.25 M
|
| Cost And Expenses |
$215.41 M
|
$334.53 M
|
$329.20 M
|
$261.62 M
|
$215.46 M
|
$258.00 M
|
$263.23 M
|
$237.56 M
|
$218.28 M
|
$186.51 M
|
| Interest Income |
$2.88 M
|
$2.86 M
|
$338,000.00
|
$16,000.00
|
$95,000.00
|
$323,000.00
|
$268,000.00
|
$229,000.00
|
$355,000.00
|
$420,000.00
|
| Interest Expense |
$0.00
|
$0.00
|
$338,000.00
|
$338,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$2.79 M
|
$2.42 M
|
$1.91 M
|
$1.82 M
|
$1.95 M
|
$2.09 M
|
$1.82 M
|
$1.53 M
|
$1.38 M
|
$1.01 M
|
| EBITDA |
$20.91 M |
$49.58 M |
$53.70 M |
$38.21 M |
$26.32 M |
$34.14 M |
$37.21 M |
$31.29 M |
$24.43 M |
$21.56 M |
| EBITDA Ratio |
0.09
|
0.13
|
0.14
|
0.12
|
0.1
|
0.12
|
0.12
|
0.11
|
0.1
|
0.1
|
| Operating Income Ratio |
0.08
|
0.13
|
0.14
|
0.12
|
0.1
|
0.12
|
0.12
|
0.11
|
0.1
|
0.1
|
| Total Other Income/Expenses Net |
$2.88 M
|
$2.86 M
|
$338,000.00
|
$16,000.00
|
$95,000.00
|
$323,000.00
|
$268,000.00
|
$229,000.00
|
$355,000.00
|
$420,000.00
|
| Income Before Tax |
$21.14 M
|
$52.06 M
|
$52.13 M
|
$36.41 M
|
$24.46 M
|
$34.46 M
|
$35.66 M
|
$29.99 M
|
$23.41 M
|
$20.97 M
|
| Income Before Tax Ratio |
0.09
|
0.14
|
0.14
|
0.12
|
0.1
|
0.12
|
0.12
|
0.11
|
0.1
|
0.1
|
| Income Tax Expense |
$3.29 M
|
$10.37 M
|
$11.79 M
|
$7.38 M
|
$5.01 M
|
$6.22 M
|
$7.17 M
|
$10.69 M
|
$6.66 M
|
$6.67 M
|
| Net Income |
$17.85 M
|
$41.70 M
|
$40.35 M
|
$29.03 M
|
$19.44 M
|
$28.24 M
|
$28.49 M
|
$19.30 M
|
$16.75 M
|
$14.31 M
|
| Net Income Ratio |
0.08
|
0.11
|
0.11
|
0.1
|
0.08
|
0.1
|
0.1
|
0.07
|
0.07
|
0.07
|
| EPS |
0.56 |
1.21 |
1.18 |
0.85 |
0.56 |
0.81 |
0.83 |
0.55 |
0.44 |
0.39 |
| EPS Diluted |
0.56 |
1.21 |
1.18 |
0.85 |
0.56 |
0.81 |
0.83 |
0.55 |
0.44 |
0.39 |
| Weighted Average Shares Out |
$33.81 M
|
$33.61 M
|
$33.44 M
|
$33.31 M
|
$33.93 M
|
$34.06 M
|
$34.53 M
|
$33.75 M
|
$36.63 M
|
$36.96 M
|
| Weighted Average Shares Out Diluted |
$33.81 M
|
$33.61 M
|
$33.44 M
|
$33.31 M
|
$33.93 M
|
$34.06 M
|
$34.53 M
|
$34.84 M
|
$37.86 M
|
$37.15 M
|
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