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Side-by-side financial comparison of MEDIFAST INC (MED) and MARINE PRODUCTS CORP (MPX). Click either name above to swap in a different company.
MEDIFAST INC is the larger business by last-quarter revenue ($75.1M vs $64.6M, roughly 1.2× MARINE PRODUCTS CORP). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs -36.9%). MARINE PRODUCTS CORP produced more free cash flow last quarter ($4.1M vs $-6.6M). Over the past eight quarters, MARINE PRODUCTS CORP's revenue compounded faster (-3.5% CAGR vs -34.4%).
Medifast, Inc. is an American nutrition and weight loss company based in Baltimore, Maryland. Medifast produces, distributes, and sells weight loss and health-related products through websites, multi-level marketing, telemarketing, and franchised weight loss clinics.
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.
MED vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $75.1M | $64.6M |
| Net Profit | — | $2.4M |
| Gross Margin | 69.4% | 19.6% |
| Operating Margin | -10.4% | 5.8% |
| Net Margin | — | 3.7% |
| Revenue YoY | -36.9% | 35.0% |
| Net Profit YoY | — | -44.6% |
| EPS (diluted) | $-1.64 | $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 | $75.1M | $64.6M | ||
| Q3 25 | $89.4M | $53.1M | ||
| Q2 25 | $105.6M | $67.7M | ||
| Q1 25 | $115.7M | $59.0M | ||
| Q4 24 | $119.0M | $47.8M | ||
| Q3 24 | $140.2M | $49.9M | ||
| Q2 24 | $168.6M | $69.5M | ||
| Q1 24 | $174.7M | $69.3M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $-2.3M | $2.6M | ||
| Q2 25 | $2.5M | $4.2M | ||
| Q1 25 | $-772.0K | $2.2M | ||
| Q4 24 | — | $4.3M | ||
| Q3 24 | $1.1M | $3.4M | ||
| Q2 24 | $-8.2M | $5.6M | ||
| Q1 24 | $8.3M | $4.6M |
| Q4 25 | 69.4% | 19.6% | ||
| Q3 25 | 69.5% | 19.2% | ||
| Q2 25 | 72.6% | 19.1% | ||
| Q1 25 | 72.8% | 18.6% | ||
| Q4 24 | 74.1% | 19.2% | ||
| Q3 24 | 75.4% | 18.4% | ||
| Q2 24 | 73.2% | 18.9% | ||
| Q1 24 | 72.8% | 20.2% |
| Q4 25 | -10.4% | 5.8% | ||
| Q3 25 | -4.6% | 5.4% | ||
| Q2 25 | -1.0% | 7.1% | ||
| Q1 25 | -1.1% | 4.4% | ||
| Q4 24 | 0.6% | 7.7% | ||
| Q3 24 | 1.5% | 7.2% | ||
| Q2 24 | -4.7% | 8.3% | ||
| Q1 24 | 4.5% | 7.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | -2.5% | 5.0% | ||
| Q2 25 | 2.3% | 6.1% | ||
| Q1 25 | -0.7% | 3.7% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | 0.8% | 6.8% | ||
| Q2 24 | -4.8% | 8.0% | ||
| Q1 24 | 4.8% | 6.6% |
| Q4 25 | $-1.64 | $0.07 | ||
| Q3 25 | $-0.21 | $0.07 | ||
| Q2 25 | $0.22 | $0.12 | ||
| Q1 25 | $-0.07 | $0.06 | ||
| Q4 24 | $0.08 | $0.13 | ||
| Q3 24 | $0.10 | $0.10 | ||
| Q2 24 | $-0.75 | $0.14 | ||
| Q1 24 | $0.76 | $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 | $167.3M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $198.9M | $125.0M |
| Total Assets | $248.0M | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $167.3M | — | ||
| Q3 25 | $173.5M | — | ||
| Q2 25 | $162.7M | — | ||
| Q1 25 | $164.6M | — | ||
| Q4 24 | $162.3M | — | ||
| Q3 24 | $170.0M | — | ||
| Q2 24 | $163.5M | — | ||
| Q1 24 | $156.4M | — |
| Q4 25 | $198.9M | $125.0M | ||
| Q3 25 | $214.7M | $126.3M | ||
| Q2 25 | $216.0M | $127.2M | ||
| Q1 25 | $211.0M | $126.4M | ||
| Q4 24 | $210.1M | $129.0M | ||
| Q3 24 | $207.3M | $128.8M | ||
| Q2 24 | $205.3M | $129.3M | ||
| Q1 24 | $211.0M | $151.4M |
| Q4 25 | $248.0M | $147.2M | ||
| Q3 25 | $268.2M | $179.5M | ||
| Q2 25 | $269.3M | $173.2M | ||
| Q1 25 | $280.0M | $182.9M | ||
| Q4 24 | $284.2M | $171.2M | ||
| Q3 24 | $291.2M | $176.3M | ||
| Q2 24 | $293.5M | $175.7M | ||
| Q1 24 | $302.8M | $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 | $-5.3M | $4.7M |
| Free Cash FlowOCF − Capex | $-6.6M | $4.1M |
| FCF MarginFCF / Revenue | -8.8% | 6.4% |
| Capex IntensityCapex / Revenue | 1.8% | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-5.3M | $4.7M | ||
| Q3 25 | $12.1M | $2.6M | ||
| Q2 25 | $-3.4M | $-1.6M | ||
| Q1 25 | $3.4M | $10.8M | ||
| Q4 24 | $-4.9M | $4.6M | ||
| Q3 24 | $9.1M | $5.1M | ||
| Q2 24 | $13.1M | $3.8M | ||
| Q1 24 | $7.3M | $15.9M |
| Q4 25 | $-6.6M | $4.1M | ||
| Q3 25 | $10.8M | $2.1M | ||
| Q2 25 | $-4.8M | $-2.0M | ||
| Q1 25 | $1.9M | $10.7M | ||
| Q4 24 | $-7.2M | $3.6M | ||
| Q3 24 | $7.7M | $3.2M | ||
| Q2 24 | $11.1M | $3.0M | ||
| Q1 24 | $5.4M | $15.0M |
| Q4 25 | -8.8% | 6.4% | ||
| Q3 25 | 12.0% | 4.0% | ||
| Q2 25 | -4.5% | -3.0% | ||
| Q1 25 | 1.6% | 18.1% | ||
| Q4 24 | -6.1% | 7.6% | ||
| Q3 24 | 5.5% | 6.5% | ||
| Q2 24 | 6.6% | 4.4% | ||
| Q1 24 | 3.1% | 21.7% |
| Q4 25 | 1.8% | 0.9% | ||
| Q3 25 | 1.5% | 0.8% | ||
| Q2 25 | 1.3% | 0.6% | ||
| Q1 25 | 1.3% | 0.2% | ||
| Q4 24 | 1.9% | 2.1% | ||
| Q3 24 | 1.0% | 3.8% | ||
| Q2 24 | 1.1% | 1.1% | ||
| Q1 24 | 1.1% | 1.3% |
| Q4 25 | — | 2.00× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | -1.36× | -0.39× | ||
| Q1 25 | — | 4.88× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | 8.04× | 1.51× | ||
| Q2 24 | — | 0.68× | ||
| Q1 24 | 0.88× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MED
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
