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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $64.6M, roughly 1.7× MARINE PRODUCTS CORP). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 6.1%). Over the past eight quarters, FEDERAL AGRICULTURAL MORTGAGE CORP's revenue compounded faster (7.1% CAGR vs -3.5%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
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.
AGM vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $64.6M |
| Net Profit | — | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | 56.3% | 5.8% |
| Net Margin | — | 3.7% |
| Revenue YoY | 6.1% | 35.0% |
| Net Profit YoY | — | -44.6% |
| EPS (diluted) | $3.69 | $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.
| Q4 25 | $107.5M | $64.6M | ||
| Q3 25 | $104.0M | $53.1M | ||
| Q2 25 | $102.6M | $67.7M | ||
| Q1 25 | $94.3M | $59.0M | ||
| Q4 24 | $101.3M | $47.8M | ||
| Q3 24 | $90.3M | $49.9M | ||
| Q2 24 | $89.9M | $69.5M | ||
| Q1 24 | $93.7M | $69.3M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $55.0M | $2.6M | ||
| Q2 25 | $54.8M | $4.2M | ||
| Q1 25 | $49.7M | $2.2M | ||
| Q4 24 | $56.5M | $4.3M | ||
| Q3 24 | $49.8M | $3.4M | ||
| Q2 24 | $47.1M | $5.6M | ||
| Q1 24 | $53.7M | $4.6M |
| Q4 25 | — | 19.6% | ||
| Q3 25 | — | 19.2% | ||
| Q2 25 | — | 19.1% | ||
| Q1 25 | — | 18.6% | ||
| Q4 24 | — | 19.2% | ||
| Q3 24 | — | 18.4% | ||
| Q2 24 | — | 18.9% | ||
| Q1 24 | — | 20.2% |
| Q4 25 | 56.3% | 5.8% | ||
| Q3 25 | 64.1% | 5.4% | ||
| Q2 25 | 63.8% | 7.1% | ||
| Q1 25 | 66.9% | 4.4% | ||
| Q4 24 | 67.5% | 7.7% | ||
| Q3 24 | 69.0% | 7.2% | ||
| Q2 24 | 65.9% | 8.3% | ||
| Q1 24 | 72.8% | 7.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 52.9% | 5.0% | ||
| Q2 25 | 53.4% | 6.1% | ||
| Q1 25 | 52.6% | 3.7% | ||
| Q4 24 | 55.8% | 8.9% | ||
| Q3 24 | 55.2% | 6.8% | ||
| Q2 24 | 52.4% | 8.0% | ||
| Q1 24 | 57.4% | 6.6% |
| Q4 25 | $3.69 | $0.07 | ||
| Q3 25 | $4.44 | $0.07 | ||
| Q2 25 | $4.48 | $0.12 | ||
| Q1 25 | $4.01 | $0.06 | ||
| Q4 24 | $4.62 | $0.13 | ||
| Q3 24 | $3.86 | $0.10 | ||
| Q2 24 | $3.68 | $0.14 | ||
| Q1 24 | $4.28 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $30.8B | — |
| Stockholders' EquityBook value | $1.7B | $125.0M |
| Total Assets | $35.4B | $147.2M |
| Debt / EquityLower = less leverage | 17.93× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $842.1M | — | ||
| Q2 24 | $923.0M | — | ||
| Q1 24 | $745.1M | — |
| Q4 25 | $30.8B | — | ||
| Q3 25 | $29.2B | — | ||
| Q2 25 | $28.9B | — | ||
| Q1 25 | $28.0B | — | ||
| Q4 24 | $27.5B | — | ||
| Q3 24 | $27.2B | — | ||
| Q2 24 | $26.8B | — | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | $125.0M | ||
| Q3 25 | $1.7B | $126.3M | ||
| Q2 25 | $1.5B | $127.2M | ||
| Q1 25 | $1.5B | $126.4M | ||
| Q4 24 | $1.5B | $129.0M | ||
| Q3 24 | $1.5B | $128.8M | ||
| Q2 24 | $1.5B | $129.3M | ||
| Q1 24 | $1.5B | $151.4M |
| Q4 25 | $35.4B | $147.2M | ||
| Q3 25 | $33.4B | $179.5M | ||
| Q2 25 | $33.0B | $173.2M | ||
| Q1 25 | $31.8B | $182.9M | ||
| Q4 24 | $31.3B | $171.2M | ||
| Q3 24 | $30.6B | $176.3M | ||
| Q2 24 | $30.2B | $175.7M | ||
| Q1 24 | $29.8B | $204.0M |
| Q4 25 | 17.93× | — | ||
| Q3 25 | 17.31× | — | ||
| Q2 25 | 18.70× | — | ||
| Q1 25 | 18.39× | — | ||
| Q4 24 | 18.48× | — | ||
| Q3 24 | 18.60× | — | ||
| Q2 24 | 17.87× | — | ||
| Q1 24 | 18.11× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | $4.7M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 6.4% |
| Capex IntensityCapex / Revenue | 0.0% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $4.7M | ||
| Q3 25 | $74.2M | $2.6M | ||
| Q2 25 | $-47.7M | $-1.6M | ||
| Q1 25 | $-49.8M | $10.8M | ||
| Q4 24 | $612.6M | $4.6M | ||
| Q3 24 | $-44.4M | $5.1M | ||
| Q2 24 | $56.1M | $3.8M | ||
| Q1 24 | $233.3M | $15.9M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.1M | ||
| Q2 25 | — | $-2.0M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | $607.4M | $3.6M | ||
| Q3 24 | $-44.4M | $3.2M | ||
| Q2 24 | $52.6M | $3.0M | ||
| Q1 24 | $231.7M | $15.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | -3.0% | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | 599.8% | 7.6% | ||
| Q3 24 | -49.2% | 6.5% | ||
| Q2 24 | 58.5% | 4.4% | ||
| Q1 24 | 247.3% | 21.7% |
| Q4 25 | 0.0% | 0.9% | ||
| Q3 25 | 0.0% | 0.8% | ||
| Q2 25 | 0.0% | 0.6% | ||
| Q1 25 | 0.0% | 0.2% | ||
| Q4 24 | 5.2% | 2.1% | ||
| Q3 24 | 0.1% | 3.8% | ||
| Q2 24 | 4.0% | 1.1% | ||
| Q1 24 | 1.7% | 1.3% |
| Q4 25 | — | 2.00× | ||
| Q3 25 | 1.35× | 0.97× | ||
| Q2 25 | -0.87× | -0.39× | ||
| Q1 25 | -1.00× | 4.88× | ||
| Q4 24 | 10.84× | 1.09× | ||
| Q3 24 | -0.89× | 1.51× | ||
| Q2 24 | 1.19× | 0.68× | ||
| Q1 24 | 4.34× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
