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Side-by-side financial comparison of HA Sustainable Infrastructure Capital, Inc. (HASI) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
HA Sustainable Infrastructure Capital, Inc. is the larger business by last-quarter revenue ($114.8M vs $64.6M, roughly 1.8× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -46.8%, a 50.5% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 13.3%). Over the past eight quarters, HA Sustainable Infrastructure Capital, Inc.'s revenue compounded faster (4.2% CAGR vs -3.5%).
HA Sustainable Infrastructure Capital, Inc. (HASI) is a specialized investment firm focused on sustainable infrastructure assets covering renewable energy, energy efficiency, sustainable real estate and low-carbon utility segments. It primarily operates in North American markets, providing long-term capital to eligible sustainable projects and delivering stable risk-adjusted returns to investors through recurring cash flows from operational underlying assets.
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.
HASI vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $114.8M | $64.6M |
| Net Profit | $-53.8M | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | -57.4% | 5.8% |
| Net Margin | -46.8% | 3.7% |
| Revenue YoY | 13.3% | 35.0% |
| Net Profit YoY | -176.7% | -44.6% |
| EPS (diluted) | $-0.38 | $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 | $114.8M | $64.6M | ||
| Q3 25 | $103.1M | $53.1M | ||
| Q2 25 | $85.7M | $67.7M | ||
| Q1 25 | $96.9M | $59.0M | ||
| Q4 24 | $101.3M | $47.8M | ||
| Q3 24 | $82.0M | $49.9M | ||
| Q2 24 | $94.5M | $69.5M | ||
| Q1 24 | $105.8M | $69.3M |
| Q4 25 | $-53.8M | $2.4M | ||
| Q3 25 | $83.3M | $2.6M | ||
| Q2 25 | $98.4M | $4.2M | ||
| Q1 25 | $56.6M | $2.2M | ||
| Q4 24 | $70.1M | $4.3M | ||
| Q3 24 | $-19.6M | $3.4M | ||
| Q2 24 | $26.5M | $5.6M | ||
| Q1 24 | $123.0M | $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 | -57.4% | 5.8% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 7.1% | ||
| Q1 25 | 84.7% | 4.4% | ||
| Q4 24 | 90.9% | 7.7% | ||
| Q3 24 | -32.1% | 7.2% | ||
| Q2 24 | 39.5% | 8.3% | ||
| Q1 24 | — | 7.6% |
| Q4 25 | -46.8% | 3.7% | ||
| Q3 25 | 80.8% | 5.0% | ||
| Q2 25 | 114.9% | 6.1% | ||
| Q1 25 | 58.4% | 3.7% | ||
| Q4 24 | 69.2% | 8.9% | ||
| Q3 24 | -23.9% | 6.8% | ||
| Q2 24 | 28.1% | 8.0% | ||
| Q1 24 | 116.3% | 6.6% |
| Q4 25 | $-0.38 | $0.07 | ||
| Q3 25 | $0.61 | $0.07 | ||
| Q2 25 | $0.74 | $0.12 | ||
| Q1 25 | $0.44 | $0.06 | ||
| Q4 24 | $0.58 | $0.13 | ||
| Q3 24 | $-0.17 | $0.10 | ||
| Q2 24 | $0.23 | $0.14 | ||
| Q1 24 | $0.98 | $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 | $110.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $125.0M |
| Total Assets | $8.2B | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $110.2M | — | ||
| Q3 25 | $301.8M | — | ||
| Q2 25 | $86.5M | — | ||
| Q1 25 | $67.4M | — | ||
| Q4 24 | $129.8M | — | ||
| Q3 24 | $44.1M | — | ||
| Q2 24 | $145.7M | — | ||
| Q1 24 | $61.4M | — |
| Q4 25 | $2.7B | $125.0M | ||
| Q3 25 | $2.7B | $126.3M | ||
| Q2 25 | $2.6B | $127.2M | ||
| Q1 25 | $2.5B | $126.4M | ||
| Q4 24 | $2.4B | $129.0M | ||
| Q3 24 | $2.3B | $128.8M | ||
| Q2 24 | $2.3B | $129.3M | ||
| Q1 24 | $2.3B | $151.4M |
| Q4 25 | $8.2B | $147.2M | ||
| Q3 25 | $8.2B | $179.5M | ||
| Q2 25 | $7.6B | $173.2M | ||
| Q1 25 | $7.5B | $182.9M | ||
| Q4 24 | $7.1B | $171.2M | ||
| Q3 24 | $6.7B | $176.3M | ||
| Q2 24 | $6.7B | $175.7M | ||
| Q1 24 | $6.7B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $167.3M | $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 | $167.3M | $4.7M | ||
| Q3 25 | $-121.8M | $2.6M | ||
| Q2 25 | $79.6M | $-1.6M | ||
| Q1 25 | $-37.1M | $10.8M | ||
| Q4 24 | $5.9M | $4.6M | ||
| Q3 24 | $21.9M | $5.1M | ||
| Q2 24 | $-24.8M | $3.8M | ||
| Q1 24 | $20.9M | $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 | -1.46× | 0.97× | ||
| Q2 25 | 0.81× | -0.39× | ||
| Q1 25 | -0.66× | 4.88× | ||
| Q4 24 | 0.08× | 1.09× | ||
| Q3 24 | — | 1.51× | ||
| Q2 24 | -0.94× | 0.68× | ||
| Q1 24 | 0.17× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HASI
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
