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Side-by-side financial comparison of CARRIAGE SERVICES INC (CSV) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

CARRIAGE SERVICES INC is the larger business by last-quarter revenue ($105.5M vs $64.6M, roughly 1.6× MARINE PRODUCTS CORP). CARRIAGE SERVICES INC runs the higher net margin — 11.6% vs 3.7%, a 8.0% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 8.0%). CARRIAGE SERVICES INC produced more free cash flow last quarter ($6.2M vs $4.1M). Over the past eight quarters, CARRIAGE SERVICES INC's revenue compounded faster (1.0% CAGR vs -3.5%).

Jardine Cycle & Carriage Limited is the investment holding company of Jardines in Southeast Asia. It is currently 75% held by the conglomerate.

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.

CSV vs MPX — Head-to-Head

Bigger by revenue
CSV
CSV
1.6× larger
CSV
$105.5M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+27.1% gap
MPX
35.0%
8.0%
CSV
Higher net margin
CSV
CSV
8.0% more per $
CSV
11.6%
3.7%
MPX
More free cash flow
CSV
CSV
$2.1M more FCF
CSV
$6.2M
$4.1M
MPX
Faster 2-yr revenue CAGR
CSV
CSV
Annualised
CSV
1.0%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CSV
CSV
MPX
MPX
Revenue
$105.5M
$64.6M
Net Profit
$12.3M
$2.4M
Gross Margin
34.8%
19.6%
Operating Margin
23.3%
5.8%
Net Margin
11.6%
3.7%
Revenue YoY
8.0%
35.0%
Net Profit YoY
24.5%
-44.6%
EPS (diluted)
$0.76
$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
CSV
CSV
MPX
MPX
Q4 25
$105.5M
$64.6M
Q3 25
$102.7M
$53.1M
Q2 25
$102.1M
$67.7M
Q1 25
$107.1M
$59.0M
Q4 24
$97.7M
$47.8M
Q3 24
$100.7M
$49.9M
Q2 24
$102.3M
$69.5M
Q1 24
$103.5M
$69.3M
Net Profit
CSV
CSV
MPX
MPX
Q4 25
$12.3M
$2.4M
Q3 25
$6.6M
$2.6M
Q2 25
$11.7M
$4.2M
Q1 25
$20.9M
$2.2M
Q4 24
$9.9M
$4.3M
Q3 24
$9.9M
$3.4M
Q2 24
$6.3M
$5.6M
Q1 24
$7.0M
$4.6M
Gross Margin
CSV
CSV
MPX
MPX
Q4 25
34.8%
19.6%
Q3 25
35.3%
19.2%
Q2 25
35.2%
19.1%
Q1 25
35.3%
18.6%
Q4 24
34.4%
19.2%
Q3 24
35.2%
18.4%
Q2 24
36.2%
18.9%
Q1 24
36.0%
20.2%
Operating Margin
CSV
CSV
MPX
MPX
Q4 25
23.3%
5.8%
Q3 25
17.0%
5.4%
Q2 25
23.5%
7.1%
Q1 25
29.5%
4.4%
Q4 24
21.6%
7.7%
Q3 24
22.7%
7.2%
Q2 24
18.0%
8.3%
Q1 24
18.8%
7.6%
Net Margin
CSV
CSV
MPX
MPX
Q4 25
11.6%
3.7%
Q3 25
6.4%
5.0%
Q2 25
11.5%
6.1%
Q1 25
19.5%
3.7%
Q4 24
10.1%
8.9%
Q3 24
9.8%
6.8%
Q2 24
6.1%
8.0%
Q1 24
6.7%
6.6%
EPS (diluted)
CSV
CSV
MPX
MPX
Q4 25
$0.76
$0.07
Q3 25
$0.41
$0.07
Q2 25
$0.74
$0.12
Q1 25
$1.34
$0.06
Q4 24
$0.62
$0.13
Q3 24
$0.63
$0.10
Q2 24
$0.40
$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
CSV
CSV
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$254.8M
$125.0M
Total Assets
$1.3B
$147.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSV
CSV
MPX
MPX
Q4 25
$1.7M
Q3 25
$1.2M
Q2 25
$1.4M
Q1 25
$4.6M
Q4 24
$1.2M
Q3 24
$1.3M
Q2 24
$1.5M
Q1 24
$1.7M
Stockholders' Equity
CSV
CSV
MPX
MPX
Q4 25
$254.8M
$125.0M
Q3 25
$242.1M
$126.3M
Q2 25
$235.4M
$127.2M
Q1 25
$223.1M
$126.4M
Q4 24
$208.6M
$129.0M
Q3 24
$198.1M
$128.8M
Q2 24
$187.9M
$129.3M
Q1 24
$179.6M
$151.4M
Total Assets
CSV
CSV
MPX
MPX
Q4 25
$1.3B
$147.2M
Q3 25
$1.3B
$179.5M
Q2 25
$1.3B
$173.2M
Q1 25
$1.3B
$182.9M
Q4 24
$1.3B
$171.2M
Q3 24
$1.3B
$176.3M
Q2 24
$1.3B
$175.7M
Q1 24
$1.3B
$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
CSV
CSV
MPX
MPX
Operating Cash FlowLast quarter
$14.1M
$4.7M
Free Cash FlowOCF − Capex
$6.2M
$4.1M
FCF MarginFCF / Revenue
5.9%
6.4%
Capex IntensityCapex / Revenue
7.5%
0.9%
Cash ConversionOCF / Net Profit
1.15×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSV
CSV
MPX
MPX
Q4 25
$14.1M
$4.7M
Q3 25
$24.7M
$2.6M
Q2 25
$8.1M
$-1.6M
Q1 25
$13.8M
$10.8M
Q4 24
$9.3M
$4.6M
Q3 24
$20.9M
$5.1M
Q2 24
$2.2M
$3.8M
Q1 24
$19.7M
$15.9M
Free Cash Flow
CSV
CSV
MPX
MPX
Q4 25
$6.2M
$4.1M
Q3 25
$18.0M
$2.1M
Q2 25
$5.2M
$-2.0M
Q1 25
$10.6M
$10.7M
Q4 24
$4.9M
$3.6M
Q3 24
$16.2M
$3.2M
Q2 24
$-1.4M
$3.0M
Q1 24
$16.2M
$15.0M
FCF Margin
CSV
CSV
MPX
MPX
Q4 25
5.9%
6.4%
Q3 25
17.5%
4.0%
Q2 25
5.1%
-3.0%
Q1 25
9.9%
18.1%
Q4 24
5.0%
7.6%
Q3 24
16.1%
6.5%
Q2 24
-1.4%
4.4%
Q1 24
15.6%
21.7%
Capex Intensity
CSV
CSV
MPX
MPX
Q4 25
7.5%
0.9%
Q3 25
6.5%
0.8%
Q2 25
2.8%
0.6%
Q1 25
3.0%
0.2%
Q4 24
4.5%
2.1%
Q3 24
4.6%
3.8%
Q2 24
3.5%
1.1%
Q1 24
3.4%
1.3%
Cash Conversion
CSV
CSV
MPX
MPX
Q4 25
1.15×
2.00×
Q3 25
3.76×
0.97×
Q2 25
0.69×
-0.39×
Q1 25
0.66×
4.88×
Q4 24
0.94×
1.09×
Q3 24
2.11×
1.51×
Q2 24
0.34×
0.68×
Q1 24
2.83×
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CSV
CSV

Propertyand Merchandise$47.8M45%
Cemetery Interment Rights$24.8M23%
Merchandise$18.9M18%
Other Revenue$10.2M10%
Other$3.9M4%

MPX
MPX

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

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