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Side-by-side financial comparison of Apollo Commercial Real Estate Finance, Inc. (ARI) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
Apollo Commercial Real Estate Finance, Inc. is the larger business by last-quarter revenue ($73.3M vs $64.6M, roughly 1.1× MARINE PRODUCTS CORP). Apollo Commercial Real Estate Finance, Inc. runs the higher net margin — 39.9% vs 3.7%, a 36.2% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 4.0%). Over the past eight quarters, MARINE PRODUCTS CORP's revenue compounded faster (-3.5% CAGR vs -4.6%).
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust that originates, acquires and manages commercial real estate debt assets including mortgages, mezzanine loans and mortgage-backed securities, primarily operating in the U.S. market to deliver consistent risk-adjusted returns.
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.
ARI vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $73.3M | $64.6M |
| Net Profit | $29.2M | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | 39.7% | 5.8% |
| Net Margin | 39.9% | 3.7% |
| Revenue YoY | 4.0% | 35.0% |
| Net Profit YoY | -28.2% | -44.6% |
| EPS (diluted) | $0.19 | $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 | $73.3M | $64.6M | ||
| Q3 25 | $61.6M | $53.1M | ||
| Q2 25 | $70.9M | $67.7M | ||
| Q1 25 | $65.8M | $59.0M | ||
| Q4 24 | $70.5M | $47.8M | ||
| Q3 24 | $71.6M | $49.9M | ||
| Q2 24 | $81.1M | $69.5M | ||
| Q1 24 | $80.5M | $69.3M |
| Q4 25 | $29.2M | $2.4M | ||
| Q3 25 | $50.8M | $2.6M | ||
| Q2 25 | $20.7M | $4.2M | ||
| Q1 25 | $26.0M | $2.2M | ||
| Q4 24 | $40.7M | $4.3M | ||
| Q3 24 | $-91.5M | $3.4M | ||
| Q2 24 | $35.8M | $5.6M | ||
| Q1 24 | $-104.5M | $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 | 39.7% | 5.8% | ||
| Q3 25 | 82.8% | 5.4% | ||
| Q2 25 | 29.4% | 7.1% | ||
| Q1 25 | 39.7% | 4.4% | ||
| Q4 24 | 57.9% | 7.7% | ||
| Q3 24 | -127.8% | 7.2% | ||
| Q2 24 | 44.2% | 8.3% | ||
| Q1 24 | -129.6% | 7.6% |
| Q4 25 | 39.9% | 3.7% | ||
| Q3 25 | 82.4% | 5.0% | ||
| Q2 25 | 29.3% | 6.1% | ||
| Q1 25 | 39.5% | 3.7% | ||
| Q4 24 | 57.7% | 8.9% | ||
| Q3 24 | -127.9% | 6.8% | ||
| Q2 24 | 44.1% | 8.0% | ||
| Q1 24 | -129.8% | 6.6% |
| Q4 25 | $0.19 | $0.07 | ||
| Q3 25 | $0.34 | $0.07 | ||
| Q2 25 | $0.12 | $0.12 | ||
| Q1 25 | $0.16 | $0.06 | ||
| Q4 24 | $0.25 | $0.13 | ||
| Q3 24 | $-0.69 | $0.10 | ||
| Q2 24 | $0.23 | $0.14 | ||
| Q1 24 | $-0.76 | $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 | $139.8M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.9B | $125.0M |
| Total Assets | $9.9B | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $139.8M | — | ||
| Q3 25 | $245.9M | — | ||
| Q2 25 | $177.6M | — | ||
| Q1 25 | $166.4M | — | ||
| Q4 24 | $317.4M | — | ||
| Q3 24 | $194.3M | — | ||
| Q2 24 | $174.7M | — | ||
| Q1 24 | $161.2M | — |
| Q4 25 | $1.9B | $125.0M | ||
| Q3 25 | $1.9B | $126.3M | ||
| Q2 25 | $1.8B | $127.2M | ||
| Q1 25 | $1.9B | $126.4M | ||
| Q4 24 | $1.9B | $129.0M | ||
| Q3 24 | $1.9B | $128.8M | ||
| Q2 24 | $2.0B | $129.3M | ||
| Q1 24 | $2.0B | $151.4M |
| Q4 25 | $9.9B | $147.2M | ||
| Q3 25 | $9.5B | $179.5M | ||
| Q2 25 | $9.8B | $173.2M | ||
| Q1 25 | $8.8B | $182.9M | ||
| Q4 24 | $8.4B | $171.2M | ||
| Q3 24 | $9.1B | $176.3M | ||
| Q2 24 | $9.3B | $175.7M | ||
| Q1 24 | $9.2B | $204.0M |
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 | $142.5M | $4.7M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 6.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | 4.88× | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $142.5M | $4.7M | ||
| Q3 25 | $31.7M | $2.6M | ||
| Q2 25 | $63.2M | $-1.6M | ||
| Q1 25 | $39.3M | $10.8M | ||
| Q4 24 | $200.3M | $4.6M | ||
| Q3 24 | $47.2M | $5.1M | ||
| Q2 24 | $50.2M | $3.8M | ||
| Q1 24 | $52.8M | $15.9M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $2.1M | ||
| Q2 25 | — | $-2.0M | ||
| Q1 25 | — | $10.7M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | — | $3.2M | ||
| Q2 24 | — | $3.0M | ||
| Q1 24 | — | $15.0M |
| Q4 25 | — | 6.4% | ||
| Q3 25 | — | 4.0% | ||
| Q2 25 | — | -3.0% | ||
| Q1 25 | — | 18.1% | ||
| Q4 24 | — | 7.6% | ||
| Q3 24 | — | 6.5% | ||
| Q2 24 | — | 4.4% | ||
| Q1 24 | — | 21.7% |
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 2.1% | ||
| Q3 24 | — | 3.8% | ||
| Q2 24 | — | 1.1% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | 4.88× | 2.00× | ||
| Q3 25 | 0.62× | 0.97× | ||
| Q2 25 | 3.05× | -0.39× | ||
| Q1 25 | 1.51× | 4.88× | ||
| Q4 24 | 4.93× | 1.09× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | 1.40× | 0.68× | ||
| Q1 24 | — | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ARI
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |