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Side-by-side financial comparison of SAUL CENTERS, INC. (BFS) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

SAUL CENTERS, INC. is the larger business by last-quarter revenue ($75.1M vs $64.6M, roughly 1.2× MARINE PRODUCTS CORP). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs 3.7%, a 5.0% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 10.6%). Over the past eight quarters, SAUL CENTERS, INC.'s revenue compounded faster (6.2% CAGR vs -3.5%).

Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.

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.

BFS vs MPX — Head-to-Head

Bigger by revenue
BFS
BFS
1.2× larger
BFS
$75.1M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+24.4% gap
MPX
35.0%
10.6%
BFS
Higher net margin
BFS
BFS
5.0% more per $
BFS
8.7%
3.7%
MPX
Faster 2-yr revenue CAGR
BFS
BFS
Annualised
BFS
6.2%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BFS
BFS
MPX
MPX
Revenue
$75.1M
$64.6M
Net Profit
$6.5M
$2.4M
Gross Margin
19.6%
Operating Margin
65.4%
5.8%
Net Margin
8.7%
3.7%
Revenue YoY
10.6%
35.0%
Net Profit YoY
-19.6%
-44.6%
EPS (diluted)
$0.15
$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
BFS
BFS
MPX
MPX
Q4 25
$75.1M
$64.6M
Q3 25
$72.0M
$53.1M
Q2 25
$70.8M
$67.7M
Q1 25
$71.9M
$59.0M
Q4 24
$67.9M
$47.8M
Q3 24
$67.3M
$49.9M
Q2 24
$66.9M
$69.5M
Q1 24
$66.7M
$69.3M
Net Profit
BFS
BFS
MPX
MPX
Q4 25
$6.5M
$2.4M
Q3 25
$10.5M
$2.6M
Q2 25
$10.7M
$4.2M
Q1 25
$9.8M
$2.2M
Q4 24
$8.1M
$4.3M
Q3 24
$14.5M
$3.4M
Q2 24
$14.4M
$5.6M
Q1 24
$13.6M
$4.6M
Gross Margin
BFS
BFS
MPX
MPX
Q4 25
19.6%
Q3 25
19.2%
Q2 25
19.1%
Q1 25
18.6%
Q4 24
19.2%
Q3 24
73.6%
18.4%
Q2 24
74.2%
18.9%
Q1 24
72.8%
20.2%
Operating Margin
BFS
BFS
MPX
MPX
Q4 25
65.4%
5.8%
Q3 25
69.1%
5.4%
Q2 25
68.7%
7.1%
Q1 25
66.5%
4.4%
Q4 24
82.9%
7.7%
Q3 24
72.8%
7.2%
Q2 24
75.0%
8.3%
Q1 24
72.4%
7.6%
Net Margin
BFS
BFS
MPX
MPX
Q4 25
8.7%
3.7%
Q3 25
14.6%
5.0%
Q2 25
15.1%
6.1%
Q1 25
13.6%
3.7%
Q4 24
11.9%
8.9%
Q3 24
21.5%
6.8%
Q2 24
21.6%
8.0%
Q1 24
20.4%
6.6%
EPS (diluted)
BFS
BFS
MPX
MPX
Q4 25
$0.15
$0.07
Q3 25
$0.32
$0.07
Q2 25
$0.33
$0.12
Q1 25
$0.29
$0.06
Q4 24
$0.22
$0.13
Q3 24
$0.48
$0.10
Q2 24
$0.48
$0.14
Q1 24
$0.45
$0.13

Balance Sheet & Financial Strength

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

Metric
BFS
BFS
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$8.7M
Total DebtLower is stronger
$468.4M
Stockholders' EquityBook value
$307.8M
$125.0M
Total Assets
$2.2B
$147.2M
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFS
BFS
MPX
MPX
Q4 25
$8.7M
Q3 25
$11.8M
Q2 25
$5.3M
Q1 25
$6.5M
Q4 24
$10.3M
Q3 24
$7.2M
Q2 24
$6.9M
Q1 24
$7.1M
Total Debt
BFS
BFS
MPX
MPX
Q4 25
$468.4M
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.5B
Q4 24
$455.8M
Q3 24
$1.5B
Q2 24
$1.4B
Q1 24
$1.4B
Stockholders' Equity
BFS
BFS
MPX
MPX
Q4 25
$307.8M
$125.0M
Q3 25
$316.6M
$126.3M
Q2 25
$322.4M
$127.2M
Q1 25
$328.4M
$126.4M
Q4 24
$335.8M
$129.0M
Q3 24
$341.8M
$128.8M
Q2 24
$345.7M
$129.3M
Q1 24
$347.1M
$151.4M
Total Assets
BFS
BFS
MPX
MPX
Q4 25
$2.2B
$147.2M
Q3 25
$2.2B
$179.5M
Q2 25
$2.1B
$173.2M
Q1 25
$2.1B
$182.9M
Q4 24
$2.1B
$171.2M
Q3 24
$2.1B
$176.3M
Q2 24
$2.1B
$175.7M
Q1 24
$2.0B
$204.0M
Debt / Equity
BFS
BFS
MPX
MPX
Q4 25
1.52×
Q3 25
5.02×
Q2 25
4.85×
Q1 25
4.70×
Q4 24
1.36×
Q3 24
4.37×
Q2 24
4.17×
Q1 24
4.06×

Cash Flow & Capital Efficiency

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

Metric
BFS
BFS
MPX
MPX
Operating Cash FlowLast quarter
$99.8M
$4.7M
Free Cash FlowOCF − Capex
$4.1M
FCF MarginFCF / Revenue
6.4%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
15.35×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFS
BFS
MPX
MPX
Q4 25
$99.8M
$4.7M
Q3 25
$20.6M
$2.6M
Q2 25
$26.6M
$-1.6M
Q1 25
$30.4M
$10.8M
Q4 24
$121.2M
$4.6M
Q3 24
$26.5M
$5.1M
Q2 24
$32.1M
$3.8M
Q1 24
$33.8M
$15.9M
Free Cash Flow
BFS
BFS
MPX
MPX
Q4 25
$4.1M
Q3 25
$2.1M
Q2 25
$-2.0M
Q1 25
$10.7M
Q4 24
$3.6M
Q3 24
$-28.3M
$3.2M
Q2 24
$-12.5M
$3.0M
Q1 24
$-11.7M
$15.0M
FCF Margin
BFS
BFS
MPX
MPX
Q4 25
6.4%
Q3 25
4.0%
Q2 25
-3.0%
Q1 25
18.1%
Q4 24
7.6%
Q3 24
-42.1%
6.5%
Q2 24
-18.7%
4.4%
Q1 24
-17.6%
21.7%
Capex Intensity
BFS
BFS
MPX
MPX
Q4 25
0.9%
Q3 25
0.8%
Q2 25
0.6%
Q1 25
0.2%
Q4 24
2.1%
Q3 24
81.5%
3.8%
Q2 24
66.7%
1.1%
Q1 24
68.3%
1.3%
Cash Conversion
BFS
BFS
MPX
MPX
Q4 25
15.35×
2.00×
Q3 25
1.97×
0.97×
Q2 25
2.48×
-0.39×
Q1 25
3.10×
4.88×
Q4 24
14.98×
1.09×
Q3 24
1.83×
1.51×
Q2 24
2.22×
0.68×
Q1 24
2.48×
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFS
BFS

Segment breakdown not available.

MPX
MPX

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

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