vs
Side-by-side financial comparison of Clarus Corp (CLAR) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
Clarus Corp is the larger business by last-quarter revenue ($65.4M vs $64.6M, roughly 1.0× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -47.8%, a 51.5% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $4.1M). Over the past eight quarters, Clarus Corp's revenue compounded faster (-2.9% CAGR vs -3.5%).
Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.
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.
CLAR vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $65.4M | $64.6M |
| Net Profit | $-31.3M | $2.4M |
| Gross Margin | 27.7% | 19.6% |
| Operating Margin | -59.6% | 5.8% |
| Net Margin | -47.8% | 3.7% |
| Revenue YoY | -8.4% | 35.0% |
| Net Profit YoY | 52.3% | -44.6% |
| EPS (diluted) | $-0.81 | $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 | $65.4M | $64.6M | ||
| Q3 25 | $69.3M | $53.1M | ||
| Q2 25 | $55.2M | $67.7M | ||
| Q1 25 | $60.4M | $59.0M | ||
| Q4 24 | $71.4M | $47.8M | ||
| Q3 24 | $67.1M | $49.9M | ||
| Q2 24 | $56.5M | $69.5M | ||
| Q1 24 | $69.3M | $69.3M |
| Q4 25 | $-31.3M | $2.4M | ||
| Q3 25 | $-1.6M | $2.6M | ||
| Q2 25 | $-8.4M | $4.2M | ||
| Q1 25 | $-5.2M | $2.2M | ||
| Q4 24 | $-65.5M | $4.3M | ||
| Q3 24 | $-3.2M | $3.4M | ||
| Q2 24 | $-5.5M | $5.6M | ||
| Q1 24 | $21.9M | $4.6M |
| Q4 25 | 27.7% | 19.6% | ||
| Q3 25 | 35.1% | 19.2% | ||
| Q2 25 | 35.6% | 19.1% | ||
| Q1 25 | 34.4% | 18.6% | ||
| Q4 24 | 33.4% | 19.2% | ||
| Q3 24 | 35.0% | 18.4% | ||
| Q2 24 | 36.1% | 18.9% | ||
| Q1 24 | 35.9% | 20.2% |
| Q4 25 | -59.6% | 5.8% | ||
| Q3 25 | -4.4% | 5.4% | ||
| Q2 25 | -19.7% | 7.1% | ||
| Q1 25 | -11.2% | 4.4% | ||
| Q4 24 | -70.2% | 7.7% | ||
| Q3 24 | -8.0% | 7.2% | ||
| Q2 24 | -14.4% | 8.3% | ||
| Q1 24 | -9.8% | 7.6% |
| Q4 25 | -47.8% | 3.7% | ||
| Q3 25 | -2.3% | 5.0% | ||
| Q2 25 | -15.3% | 6.1% | ||
| Q1 25 | -8.7% | 3.7% | ||
| Q4 24 | -91.8% | 8.9% | ||
| Q3 24 | -4.7% | 6.8% | ||
| Q2 24 | -9.7% | 8.0% | ||
| Q1 24 | 31.6% | 6.6% |
| Q4 25 | $-0.81 | $0.07 | ||
| Q3 25 | $-0.04 | $0.07 | ||
| Q2 25 | $-0.22 | $0.12 | ||
| Q1 25 | $-0.14 | $0.06 | ||
| Q4 24 | $-1.72 | $0.13 | ||
| Q3 24 | $-0.08 | $0.10 | ||
| Q2 24 | $-0.14 | $0.14 | ||
| Q1 24 | $0.57 | $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 | $36.7M | — |
| Total DebtLower is stronger | $0 | — |
| Stockholders' EquityBook value | $196.4M | $125.0M |
| Total Assets | $249.0M | $147.2M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.7M | — | ||
| Q3 25 | $29.5M | — | ||
| Q2 25 | $28.5M | — | ||
| Q1 25 | $41.3M | — | ||
| Q4 24 | $45.4M | — | ||
| Q3 24 | $36.4M | — | ||
| Q2 24 | $46.2M | — | ||
| Q1 24 | $47.5M | — |
| Q4 25 | $0 | — | ||
| Q3 25 | $2.0M | — | ||
| Q2 25 | $1.9M | — | ||
| Q1 25 | $1.9M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $37.0K | — |
| Q4 25 | $196.4M | $125.0M | ||
| Q3 25 | $225.8M | $126.3M | ||
| Q2 25 | $225.1M | $127.2M | ||
| Q1 25 | $229.3M | $126.4M | ||
| Q4 24 | $233.1M | $129.0M | ||
| Q3 24 | $308.5M | $128.8M | ||
| Q2 24 | $307.3M | $129.3M | ||
| Q1 24 | $310.4M | $151.4M |
| Q4 25 | $249.0M | $147.2M | ||
| Q3 25 | $283.1M | $179.5M | ||
| Q2 25 | $286.5M | $173.2M | ||
| Q1 25 | $292.8M | $182.9M | ||
| Q4 24 | $294.1M | $171.2M | ||
| Q3 24 | $375.3M | $176.3M | ||
| Q2 24 | $369.4M | $175.7M | ||
| Q1 24 | $377.0M | $204.0M |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.01× | — | ||
| Q2 25 | 0.01× | — | ||
| Q1 25 | 0.01× | — | ||
| Q4 24 | 0.01× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.00× | — |
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 | $12.5M | $4.7M |
| Free Cash FlowOCF − Capex | $11.6M | $4.1M |
| FCF MarginFCF / Revenue | 17.7% | 6.4% |
| Capex IntensityCapex / Revenue | 1.4% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | $-9.9M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.5M | $4.7M | ||
| Q3 25 | $-5.7M | $2.6M | ||
| Q2 25 | $-9.4M | $-1.6M | ||
| Q1 25 | $-2.1M | $10.8M | ||
| Q4 24 | $16.6M | $4.6M | ||
| Q3 24 | $-8.3M | $5.1M | ||
| Q2 24 | $834.0K | $3.8M | ||
| Q1 24 | $-16.4M | $15.9M |
| Q4 25 | $11.6M | $4.1M | ||
| Q3 25 | $-7.0M | $2.1M | ||
| Q2 25 | $-11.3M | $-2.0M | ||
| Q1 25 | $-3.3M | $10.7M | ||
| Q4 24 | $14.4M | $3.6M | ||
| Q3 24 | $-9.4M | $3.2M | ||
| Q2 24 | $-744.0K | $3.0M | ||
| Q1 24 | $-18.3M | $15.0M |
| Q4 25 | 17.7% | 6.4% | ||
| Q3 25 | -10.0% | 4.0% | ||
| Q2 25 | -20.4% | -3.0% | ||
| Q1 25 | -5.4% | 18.1% | ||
| Q4 24 | 20.1% | 7.6% | ||
| Q3 24 | -14.0% | 6.5% | ||
| Q2 24 | -1.3% | 4.4% | ||
| Q1 24 | -26.3% | 21.7% |
| Q4 25 | 1.4% | 0.9% | ||
| Q3 25 | 1.8% | 0.8% | ||
| Q2 25 | 3.4% | 0.6% | ||
| Q1 25 | 2.0% | 0.2% | ||
| Q4 24 | 3.1% | 2.1% | ||
| Q3 24 | 1.6% | 3.8% | ||
| Q2 24 | 2.8% | 1.1% | ||
| Q1 24 | 2.7% | 1.3% |
| Q4 25 | — | 2.00× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | -0.39× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | -0.75× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CLAR
| Other | $37.1M | 57% |
| Outdoor Segment | $25.3M | 39% |
| Adventure Segment | $3.0M | 5% |
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
