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Side-by-side financial comparison of MFA FINANCIAL, INC. (MFA) 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 $55.5M, roughly 1.2× MFA FINANCIAL, INC.). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 9.2%). Over the past eight quarters, MFA FINANCIAL, INC.'s revenue compounded faster (7.7% CAGR vs -3.5%).
MFA Financial, Inc. is a U.S.-headquartered real estate investment trust (REIT) specializing in investing in and managing residential and commercial mortgage-backed securities, mortgage loans, and other real estate-related financial assets. It caters primarily to institutional and individual investors across the U.S., focusing on delivering stable risk-adjusted returns via rigorous asset screening and risk management frameworks.
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.
MFA vs MPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.5M | $64.6M |
| Net Profit | — | $2.4M |
| Gross Margin | — | 19.6% |
| Operating Margin | 97.9% | 5.8% |
| Net Margin | — | 3.7% |
| Revenue YoY | 9.2% | 35.0% |
| Net Profit YoY | — | -44.6% |
| EPS (diluted) | $0.43 | $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 | $55.5M | $64.6M | ||
| Q3 25 | $56.8M | $53.1M | ||
| Q2 25 | $61.3M | $67.7M | ||
| Q1 25 | $57.5M | $59.0M | ||
| Q4 24 | $50.8M | $47.8M | ||
| Q3 24 | $50.6M | $49.9M | ||
| Q2 24 | $53.5M | $69.5M | ||
| Q1 24 | $47.8M | $69.3M |
| Q4 25 | — | $2.4M | ||
| Q3 25 | $48.1M | $2.6M | ||
| Q2 25 | $33.2M | $4.2M | ||
| Q1 25 | $41.2M | $2.2M | ||
| Q4 24 | — | $4.3M | ||
| Q3 24 | $48.2M | $3.4M | ||
| Q2 24 | $41.9M | $5.6M | ||
| Q1 24 | $23.2M | $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 | 97.9% | 5.8% | ||
| Q3 25 | 84.5% | 5.4% | ||
| Q2 25 | 54.5% | 7.1% | ||
| Q1 25 | 70.0% | 4.4% | ||
| Q4 24 | 6.8% | 7.7% | ||
| Q3 24 | 98.2% | 7.2% | ||
| Q2 24 | 79.1% | 8.3% | ||
| Q1 24 | 50.7% | 7.6% |
| Q4 25 | — | 3.7% | ||
| Q3 25 | 84.7% | 5.0% | ||
| Q2 25 | 54.2% | 6.1% | ||
| Q1 25 | 71.6% | 3.7% | ||
| Q4 24 | — | 8.9% | ||
| Q3 24 | 95.2% | 6.8% | ||
| Q2 24 | 78.4% | 8.0% | ||
| Q1 24 | 48.5% | 6.6% |
| Q4 25 | $0.43 | $0.07 | ||
| Q3 25 | $0.35 | $0.07 | ||
| Q2 25 | $0.21 | $0.12 | ||
| Q1 25 | $0.31 | $0.06 | ||
| Q4 24 | $-0.01 | $0.13 | ||
| Q3 24 | $0.37 | $0.10 | ||
| Q2 24 | $0.32 | $0.14 | ||
| Q1 24 | $0.14 | $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 | $213.2M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.8B | $125.0M |
| Total Assets | $13.0B | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $213.2M | — | ||
| Q3 25 | $305.2M | — | ||
| Q2 25 | $275.7M | — | ||
| Q1 25 | $253.7M | — | ||
| Q4 24 | $338.9M | — | ||
| Q3 24 | $305.6M | — | ||
| Q2 24 | $289.4M | — | ||
| Q1 24 | $306.3M | — |
| Q4 25 | $1.8B | $125.0M | ||
| Q3 25 | $1.8B | $126.3M | ||
| Q2 25 | $1.8B | $127.2M | ||
| Q1 25 | $1.8B | $126.4M | ||
| Q4 24 | $1.8B | $129.0M | ||
| Q3 24 | $1.9B | $128.8M | ||
| Q2 24 | $1.9B | $129.3M | ||
| Q1 24 | $1.9B | $151.4M |
| Q4 25 | $13.0B | $147.2M | ||
| Q3 25 | $12.1B | $179.5M | ||
| Q2 25 | $11.7B | $173.2M | ||
| Q1 25 | $11.5B | $182.9M | ||
| Q4 24 | $11.4B | $171.2M | ||
| Q3 24 | $11.2B | $176.3M | ||
| Q2 24 | $11.1B | $175.7M | ||
| Q1 24 | $10.9B | $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 | $76.2M | $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 | $76.2M | $4.7M | ||
| Q3 25 | $14.7M | $2.6M | ||
| Q2 25 | $38.5M | $-1.6M | ||
| Q1 25 | $-14.6M | $10.8M | ||
| Q4 24 | $200.1M | $4.6M | ||
| Q3 24 | $-11.3M | $5.1M | ||
| Q2 24 | $46.5M | $3.8M | ||
| Q1 24 | $53.5M | $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 | 0.31× | 0.97× | ||
| Q2 25 | 1.16× | -0.39× | ||
| Q1 25 | -0.35× | 4.88× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | -0.23× | 1.51× | ||
| Q2 24 | 1.11× | 0.68× | ||
| Q1 24 | 2.30× | 3.46× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MFA
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
