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Side-by-side financial comparison of Granite Ridge Resources, Inc. (GRNT) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
Granite Ridge Resources, Inc. is the larger business by last-quarter revenue ($105.5M vs $64.6M, roughly 1.6× MARINE PRODUCTS CORP). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs -0.8%). Over the past eight quarters, Granite Ridge Resources, Inc.'s revenue compounded faster (8.9% CAGR vs -3.5%).
Granite Ridge Resources, Inc. is an independent upstream energy company focused on the exploration, development, and production of oil, natural gas, and natural gas liquids. It operates low-cost, high-yield onshore hydrocarbon assets across key U.S. basins, primarily serving North American energy 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.
GRNT vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $105.5M | $64.6M |
| Net Profit | — | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | -34.5% | 5.8% |
| Net Margin | — | 3.7% |
| Revenue YoY | -0.8% | 35.0% |
| Net Profit YoY | — | -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 | $105.5M | $64.6M | ||
| Q3 25 | $112.7M | $53.1M | ||
| Q2 25 | $109.2M | $67.7M | ||
| Q1 25 | $122.9M | $59.0M | ||
| Q4 24 | $106.3M | $47.8M | ||
| Q3 24 | $94.1M | $49.9M | ||
| Q2 24 | $90.7M | $69.5M | ||
| Q1 24 | $89.0M | $69.3M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $14.5M | $2.6M | ||
| Q2 25 | $25.1M | $4.2M | ||
| Q1 25 | $9.8M | $2.2M | ||
| Q4 24 | — | $4.3M | ||
| Q3 24 | $9.1M | $3.4M | ||
| Q2 24 | $5.1M | $5.6M | ||
| Q1 24 | $16.2M | $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 | -34.5% | 5.8% | ||
| Q3 25 | 17.4% | 5.4% | ||
| Q2 25 | 19.0% | 7.1% | ||
| Q1 25 | 34.6% | 4.4% | ||
| Q4 24 | -6.5% | 7.7% | ||
| Q3 24 | 26.2% | 7.2% | ||
| Q2 24 | 24.1% | 8.3% | ||
| Q1 24 | 22.0% | 7.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 12.9% | 5.0% | ||
| Q2 25 | 23.0% | 6.1% | ||
| Q1 25 | 8.0% | 3.7% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | 9.6% | 6.8% | ||
| Q2 24 | 5.6% | 8.0% | ||
| Q1 24 | 18.2% | 6.6% |
| Q4 25 | $-0.19 | $0.07 | ||
| Q3 25 | $0.11 | $0.07 | ||
| Q2 25 | $0.19 | $0.12 | ||
| Q1 25 | $0.07 | $0.06 | ||
| Q4 24 | $-0.09 | $0.13 | ||
| Q3 24 | $0.07 | $0.10 | ||
| Q2 24 | $0.04 | $0.14 | ||
| Q1 24 | $0.12 | $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 | — | — |
| Total DebtLower is stronger | $367.8M | — |
| Stockholders' EquityBook value | $605.8M | $125.0M |
| Total Assets | $1.2B | $147.2M |
| Debt / EquityLower = less leverage | 0.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $367.8M | — | ||
| Q3 25 | $300.0M | — | ||
| Q2 25 | $275.0M | — | ||
| Q1 25 | $250.0M | — | ||
| Q4 24 | $205.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $137.5M | — |
| Q4 25 | $605.8M | $125.0M | ||
| Q3 25 | $643.9M | $126.3M | ||
| Q2 25 | $642.5M | $127.2M | ||
| Q1 25 | $631.4M | $126.4M | ||
| Q4 24 | $635.4M | $129.0M | ||
| Q3 24 | $660.6M | $128.8M | ||
| Q2 24 | $665.3M | $129.3M | ||
| Q1 24 | $674.0M | $151.4M |
| Q4 25 | $1.2B | $147.2M | ||
| Q3 25 | $1.1B | $179.5M | ||
| Q2 25 | $1.1B | $173.2M | ||
| Q1 25 | $1.1B | $182.9M | ||
| Q4 24 | $1.0B | $171.2M | ||
| Q3 24 | $1.0B | $176.3M | ||
| Q2 24 | $990.5M | $175.7M | ||
| Q1 24 | $966.7M | $204.0M |
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.47× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.40× | — | ||
| Q4 24 | 0.32× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.20× | — |
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 | $64.5M | $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.
| Q4 25 | $64.5M | $4.7M | ||
| Q3 25 | $77.8M | $2.6M | ||
| Q2 25 | $78.0M | $-1.6M | ||
| Q1 25 | $76.1M | $10.8M | ||
| Q4 24 | $68.2M | $4.6M | ||
| Q3 24 | $74.7M | $5.1M | ||
| Q2 24 | $64.2M | $3.8M | ||
| Q1 24 | $68.7M | $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 | — | 2.00× | ||
| Q3 25 | 5.36× | 0.97× | ||
| Q2 25 | 3.11× | -0.39× | ||
| Q1 25 | 7.75× | 4.88× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 8.25× | 1.51× | ||
| Q2 24 | 12.58× | 0.68× | ||
| Q1 24 | 4.23× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GRNT
| Oil And Gas Service | $87.6M | 83% |
| Natural Gas Storage | $17.9M | 17% |
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
