vs

Side-by-side financial comparison of Logistic Properties of the Americas (LPA) 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 $50.1M, roughly 1.3× Logistic Properties of the Americas). Logistic Properties of the Americas runs the higher net margin — 32.1% vs 3.7%, a 28.5% gap on every dollar of revenue. Logistic Properties of the Americas produced more free cash flow last quarter ($21.4M vs $4.1M).

Logistic Properties of the Americas is a specialized industrial real estate firm that acquires, develops and manages logistics properties across North, Central and South America. Its portfolio includes distribution centers, warehouses and last-mile delivery facilities, serving e-commerce, retail, manufacturing and third-party logistics 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.

LPA vs MPX — Head-to-Head

Bigger by revenue
MPX
MPX
1.3× larger
MPX
$64.6M
$50.1M
LPA
Higher net margin
LPA
LPA
28.5% more per $
LPA
32.1%
3.7%
MPX
More free cash flow
LPA
LPA
$17.3M more FCF
LPA
$21.4M
$4.1M
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LPA
LPA
MPX
MPX
Revenue
$50.1M
$64.6M
Net Profit
$16.1M
$2.4M
Gross Margin
19.6%
Operating Margin
81.7%
5.8%
Net Margin
32.1%
3.7%
Revenue YoY
35.0%
Net Profit YoY
-44.6%
EPS (diluted)
$0.33
$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
LPA
LPA
MPX
MPX
Q4 25
$50.1M
$64.6M
Q3 25
$32.7M
$53.1M
Q2 25
$21.5M
$67.7M
Q1 25
$10.5M
$59.0M
Q4 24
$47.8M
Q3 24
$19.2M
$49.9M
Q2 24
$69.5M
Q1 24
$9.2M
$69.3M
Net Profit
LPA
LPA
MPX
MPX
Q4 25
$16.1M
$2.4M
Q3 25
$2.6M
Q2 25
$4.2M
Q1 25
$2.2M
Q4 24
$4.3M
Q3 24
$3.4M
Q2 24
$5.6M
Q1 24
$4.6M
Gross Margin
LPA
LPA
MPX
MPX
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%
Operating Margin
LPA
LPA
MPX
MPX
Q4 25
81.7%
5.8%
Q3 25
5.4%
Q2 25
7.1%
Q1 25
4.4%
Q4 24
7.7%
Q3 24
7.2%
Q2 24
8.3%
Q1 24
7.6%
Net Margin
LPA
LPA
MPX
MPX
Q4 25
32.1%
3.7%
Q3 25
5.0%
Q2 25
6.1%
Q1 25
3.7%
Q4 24
8.9%
Q3 24
6.8%
Q2 24
8.0%
Q1 24
6.6%
EPS (diluted)
LPA
LPA
MPX
MPX
Q4 25
$0.33
$0.07
Q3 25
$0.09
$0.07
Q2 25
$-0.06
$0.12
Q1 25
$0.06
Q4 24
$0.13
Q3 24
$-1.26
$0.10
Q2 24
$0.14
Q1 24
$0.13

Balance Sheet & Financial Strength

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

Metric
LPA
LPA
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
$27.3M
Total DebtLower is stronger
$296.8M
Stockholders' EquityBook value
$324.6M
$125.0M
Total Assets
$700.8M
$147.2M
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPA
LPA
MPX
MPX
Q4 25
$27.3M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
$1.1M
Total Debt
LPA
LPA
MPX
MPX
Q4 25
$296.8M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
LPA
LPA
MPX
MPX
Q4 25
$324.6M
$125.0M
Q3 25
$126.3M
Q2 25
$127.2M
Q1 25
$126.4M
Q4 24
$129.0M
Q3 24
$128.8M
Q2 24
$129.3M
Q1 24
$151.4M
Total Assets
LPA
LPA
MPX
MPX
Q4 25
$700.8M
$147.2M
Q3 25
$179.5M
Q2 25
$173.2M
Q1 25
$182.9M
Q4 24
$171.2M
Q3 24
$176.3M
Q2 24
$175.7M
Q1 24
$204.0M
Debt / Equity
LPA
LPA
MPX
MPX
Q4 25
0.91×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
LPA
LPA
MPX
MPX
Operating Cash FlowLast quarter
$21.6M
$4.7M
Free Cash FlowOCF − Capex
$21.4M
$4.1M
FCF MarginFCF / Revenue
42.7%
6.4%
Capex IntensityCapex / Revenue
0.3%
0.9%
Cash ConversionOCF / Net Profit
1.34×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$12.0M
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPA
LPA
MPX
MPX
Q4 25
$21.6M
$4.7M
Q3 25
$14.4M
$2.6M
Q2 25
$7.2M
$-1.6M
Q1 25
$4.4M
$10.8M
Q4 24
$4.6M
Q3 24
$8.3M
$5.1M
Q2 24
$3.8M
Q1 24
$4.8M
$15.9M
Free Cash Flow
LPA
LPA
MPX
MPX
Q4 25
$21.4M
$4.1M
Q3 25
$-7.3M
$2.1M
Q2 25
$-3.1M
$-2.0M
Q1 25
$966.4K
$10.7M
Q4 24
$3.6M
Q3 24
$-2.4M
$3.2M
Q2 24
$3.0M
Q1 24
$218.9K
$15.0M
FCF Margin
LPA
LPA
MPX
MPX
Q4 25
42.7%
6.4%
Q3 25
-22.2%
4.0%
Q2 25
-14.4%
-3.0%
Q1 25
9.2%
18.1%
Q4 24
7.6%
Q3 24
-12.3%
6.5%
Q2 24
4.4%
Q1 24
2.4%
21.7%
Capex Intensity
LPA
LPA
MPX
MPX
Q4 25
0.3%
0.9%
Q3 25
66.1%
0.8%
Q2 25
47.9%
0.6%
Q1 25
32.5%
0.2%
Q4 24
2.1%
Q3 24
55.5%
3.8%
Q2 24
1.1%
Q1 24
50.0%
1.3%
Cash Conversion
LPA
LPA
MPX
MPX
Q4 25
1.34×
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
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPA
LPA

Segment breakdown not available.

MPX
MPX

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

Related Comparisons