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Side-by-side financial comparison of Esquire Financial Holdings, Inc. (ESQ) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.

MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $40.5M, roughly 1.6× Esquire Financial Holdings, Inc.). Esquire Financial Holdings, Inc. runs the higher net margin — 30.2% vs 3.7%, a 26.5% gap on every dollar of revenue. Over the past eight quarters, Esquire Financial Holdings, Inc.'s revenue compounded faster (15.0% CAGR vs -3.5%).

Esquire Financial Holdings, Inc. is a U.S.-headquartered bank holding company that provides comprehensive commercial and consumer banking products and services. Its core offerings include deposit accounts, business loans, mortgage services, and wealth management solutions, primarily serving small to medium enterprises, legal industry professionals, and local retail clients.

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.

ESQ vs MPX — Head-to-Head

Bigger by revenue
MPX
MPX
1.6× larger
MPX
$64.6M
$40.5M
ESQ
Higher net margin
ESQ
ESQ
26.5% more per $
ESQ
30.2%
3.7%
MPX
Faster 2-yr revenue CAGR
ESQ
ESQ
Annualised
ESQ
15.0%
-3.5%
MPX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESQ
ESQ
MPX
MPX
Revenue
$40.5M
$64.6M
Net Profit
$12.2M
$2.4M
Gross Margin
19.6%
Operating Margin
5.8%
Net Margin
30.2%
3.7%
Revenue YoY
35.0%
Net Profit YoY
7.0%
-44.6%
EPS (diluted)
$1.40
$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
ESQ
ESQ
MPX
MPX
Q1 26
$40.5M
Q4 25
$39.4M
$64.6M
Q3 25
$37.6M
$53.1M
Q2 25
$35.8M
$67.7M
Q1 25
$33.8M
$59.0M
Q4 24
$33.1M
$47.8M
Q3 24
$31.9M
$49.9M
Q2 24
$30.6M
$69.5M
Net Profit
ESQ
ESQ
MPX
MPX
Q1 26
$12.2M
Q4 25
$13.5M
$2.4M
Q3 25
$14.1M
$2.6M
Q2 25
$11.9M
$4.2M
Q1 25
$11.4M
$2.2M
Q4 24
$11.8M
$4.3M
Q3 24
$11.4M
$3.4M
Q2 24
$10.5M
$5.6M
Gross Margin
ESQ
ESQ
MPX
MPX
Q1 26
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%
Operating Margin
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
44.3%
5.8%
Q3 25
46.5%
5.4%
Q2 25
42.5%
7.1%
Q1 25
45.9%
4.4%
Q4 24
47.4%
7.7%
Q3 24
48.8%
7.2%
Q2 24
46.9%
8.3%
Net Margin
ESQ
ESQ
MPX
MPX
Q1 26
30.2%
Q4 25
34.2%
3.7%
Q3 25
37.4%
5.0%
Q2 25
33.2%
6.1%
Q1 25
33.8%
3.7%
Q4 24
35.6%
8.9%
Q3 24
35.6%
6.8%
Q2 24
34.3%
8.0%
EPS (diluted)
ESQ
ESQ
MPX
MPX
Q1 26
$1.40
Q4 25
$1.54
$0.07
Q3 25
$1.62
$0.07
Q2 25
$1.38
$0.12
Q1 25
$1.33
$0.06
Q4 24
$1.35
$0.13
Q3 24
$1.34
$0.10
Q2 24
$1.25
$0.14

Balance Sheet & Financial Strength

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

Metric
ESQ
ESQ
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$222.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$301.3M
$125.0M
Total Assets
$2.4B
$147.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESQ
ESQ
MPX
MPX
Q1 26
$222.2M
Q4 25
$235.9M
Q3 25
$240.8M
Q2 25
$163.0M
Q1 25
$173.0M
Q4 24
$126.3M
Q3 24
$147.7M
Q2 24
$152.7M
Stockholders' Equity
ESQ
ESQ
MPX
MPX
Q1 26
$301.3M
Q4 25
$289.6M
$125.0M
Q3 25
$279.2M
$126.3M
Q2 25
$263.6M
$127.2M
Q1 25
$250.7M
$126.4M
Q4 24
$237.1M
$129.0M
Q3 24
$232.6M
$128.8M
Q2 24
$217.4M
$129.3M
Total Assets
ESQ
ESQ
MPX
MPX
Q1 26
$2.4B
Q4 25
$2.4B
$147.2M
Q3 25
$2.2B
$179.5M
Q2 25
$2.1B
$173.2M
Q1 25
$2.0B
$182.9M
Q4 24
$1.9B
$171.2M
Q3 24
$1.8B
$176.3M
Q2 24
$1.7B
$175.7M

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
$59.8M
$4.7M
Q3 25
$16.8M
$2.6M
Q2 25
$10.5M
$-1.6M
Q1 25
$15.8M
$10.8M
Q4 24
$42.2M
$4.6M
Q3 24
$10.5M
$5.1M
Q2 24
$7.2M
$3.8M
Free Cash Flow
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
$56.7M
$4.1M
Q3 25
$16.2M
$2.1M
Q2 25
$9.3M
$-2.0M
Q1 25
$14.7M
$10.7M
Q4 24
$41.5M
$3.6M
Q3 24
$10.5M
$3.2M
Q2 24
$6.9M
$3.0M
FCF Margin
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
143.9%
6.4%
Q3 25
43.2%
4.0%
Q2 25
26.0%
-3.0%
Q1 25
43.4%
18.1%
Q4 24
125.5%
7.6%
Q3 24
32.8%
6.5%
Q2 24
22.5%
4.4%
Capex Intensity
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
8.0%
0.9%
Q3 25
1.3%
0.8%
Q2 25
3.2%
0.6%
Q1 25
3.4%
0.2%
Q4 24
2.2%
2.1%
Q3 24
0.2%
3.8%
Q2 24
1.1%
1.1%
Cash Conversion
ESQ
ESQ
MPX
MPX
Q1 26
Q4 25
4.44×
2.00×
Q3 25
1.19×
0.97×
Q2 25
0.88×
-0.39×
Q1 25
1.39×
4.88×
Q4 24
3.59×
1.09×
Q3 24
0.93×
1.51×
Q2 24
0.69×
0.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ESQ
ESQ

Net Interest Income$34.0M84%
Noninterest Income$6.5M16%

MPX
MPX

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

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