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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

American Assets Trust, Inc. is the larger business by last-quarter revenue ($110.6M vs $64.6M, roughly 1.7× MARINE PRODUCTS CORP). American Assets Trust, Inc. runs the higher net margin — 6.1% vs 3.7%, a 2.4% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 1.8%). Over the past eight quarters, American Assets Trust, Inc.'s revenue compounded faster (-0.1% CAGR vs -3.5%).

Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.

West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.

AAT vs MPX — Head-to-Head

Bigger by revenue
AAT
AAT
1.7× larger
AAT
$110.6M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+33.2% gap
MPX
35.0%
1.8%
AAT
Higher net margin
AAT
AAT
2.4% more per $
AAT
6.1%
3.7%
MPX
Faster 2-yr revenue CAGR
AAT
AAT
Annualised
AAT
-0.1%
-3.5%
MPX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AAT
AAT
MPX
MPX
Revenue
$110.6M
$64.6M
Net Profit
$6.7M
$2.4M
Gross Margin
19.6%
Operating Margin
23.4%
5.8%
Net Margin
6.1%
3.7%
Revenue YoY
1.8%
35.0%
Net Profit YoY
-16.3%
-44.6%
EPS (diluted)
$0.08
$0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAT
AAT
MPX
MPX
Q1 26
$110.6M
Q4 25
$110.1M
$64.6M
Q3 25
$109.6M
$53.1M
Q2 25
$107.9M
$67.7M
Q1 25
$108.6M
$59.0M
Q4 24
$113.5M
$47.8M
Q3 24
$122.8M
$49.9M
Q2 24
$110.9M
$69.5M
Net Profit
AAT
AAT
MPX
MPX
Q1 26
$6.7M
Q4 25
$2.4M
Q3 25
$4.5M
$2.6M
Q2 25
$5.5M
$4.2M
Q1 25
$42.5M
$2.2M
Q4 24
$4.3M
Q3 24
$16.7M
$3.4M
Q2 24
$11.9M
$5.6M
Gross Margin
AAT
AAT
MPX
MPX
Q1 26
Q4 25
59.4%
19.6%
Q3 25
60.5%
19.2%
Q2 25
62.6%
19.1%
Q1 25
62.0%
18.6%
Q4 24
61.3%
19.2%
Q3 24
65.5%
18.4%
Q2 24
63.6%
18.9%
Operating Margin
AAT
AAT
MPX
MPX
Q1 26
23.4%
Q4 25
21.1%
5.8%
Q3 25
22.6%
5.4%
Q2 25
24.1%
7.1%
Q1 25
66.3%
4.4%
Q4 24
26.5%
7.7%
Q3 24
30.8%
7.2%
Q2 24
27.8%
8.3%
Net Margin
AAT
AAT
MPX
MPX
Q1 26
6.1%
Q4 25
3.7%
Q3 25
4.1%
5.0%
Q2 25
5.1%
6.1%
Q1 25
39.2%
3.7%
Q4 24
8.9%
Q3 24
13.6%
6.8%
Q2 24
10.7%
8.0%
EPS (diluted)
AAT
AAT
MPX
MPX
Q1 26
$0.08
Q4 25
$0.06
$0.07
Q3 25
$0.07
$0.07
Q2 25
$0.09
$0.12
Q1 25
$0.70
$0.06
Q4 24
$0.14
$0.13
Q3 24
$0.28
$0.10
Q2 24
$0.20
$0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAT
AAT
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$118.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$125.0M
Total Assets
$2.9B
$147.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAT
AAT
MPX
MPX
Q1 26
$118.3M
Q4 25
$129.4M
Q3 25
$138.7M
Q2 25
$143.7M
Q1 25
$143.9M
Q4 24
$425.7M
Q3 24
$533.0M
Q2 24
$114.9M
Total Debt
AAT
AAT
MPX
MPX
Q1 26
Q4 25
$1.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
AAT
AAT
MPX
MPX
Q1 26
$1.1B
Q4 25
$1.2B
$125.0M
Q3 25
$1.2B
$126.3M
Q2 25
$1.2B
$127.2M
Q1 25
$1.2B
$126.4M
Q4 24
$1.2B
$129.0M
Q3 24
$1.2B
$128.8M
Q2 24
$1.2B
$129.3M
Total Assets
AAT
AAT
MPX
MPX
Q1 26
$2.9B
Q4 25
$2.9B
$147.2M
Q3 25
$2.9B
$179.5M
Q2 25
$3.0B
$173.2M
Q1 25
$3.0B
$182.9M
Q4 24
$3.3B
$171.2M
Q3 24
$3.4B
$176.3M
Q2 24
$3.0B
$175.7M
Debt / Equity
AAT
AAT
MPX
MPX
Q1 26
Q4 25
1.48×
Q3 25
Q2 25
Q1 25
Q4 24
1.72×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAT
AAT
MPX
MPX
Operating Cash FlowLast quarter
$4.7M
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
14.5%
0.9%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAT
AAT
MPX
MPX
Q1 26
Q4 25
$167.1M
$4.7M
Q3 25
$40.5M
$2.6M
Q2 25
$49.2M
$-1.6M
Q1 25
$36.9M
$10.8M
Q4 24
$207.1M
$4.6M
Q3 24
$52.4M
$5.1M
Q2 24
$59.3M
$3.8M
Free Cash Flow
AAT
AAT
MPX
MPX
Q1 26
Q4 25
$94.9M
$4.1M
Q3 25
$23.1M
$2.1M
Q2 25
$28.4M
$-2.0M
Q1 25
$20.4M
$10.7M
Q4 24
$136.9M
$3.6M
Q3 24
$28.0M
$3.2M
Q2 24
$43.6M
$3.0M
FCF Margin
AAT
AAT
MPX
MPX
Q1 26
Q4 25
86.2%
6.4%
Q3 25
21.1%
4.0%
Q2 25
26.3%
-3.0%
Q1 25
18.8%
18.1%
Q4 24
120.7%
7.6%
Q3 24
22.8%
6.5%
Q2 24
39.3%
4.4%
Capex Intensity
AAT
AAT
MPX
MPX
Q1 26
14.5%
Q4 25
65.6%
0.9%
Q3 25
15.9%
0.8%
Q2 25
19.3%
0.6%
Q1 25
15.1%
0.2%
Q4 24
61.9%
2.1%
Q3 24
19.9%
3.8%
Q2 24
14.1%
1.1%
Cash Conversion
AAT
AAT
MPX
MPX
Q1 26
Q4 25
2.00×
Q3 25
8.98×
0.97×
Q2 25
9.01×
-0.39×
Q1 25
0.87×
4.88×
Q4 24
1.09×
Q3 24
3.15×
1.51×
Q2 24
4.98×
0.68×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAT
AAT

Rental income$104.4M94%
Other$6.2M6%

MPX
MPX

Boats And Accessories$63.4M98%
Parts$1.1M2%

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