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Side-by-side financial comparison of MidWestOne Financial Group, Inc. (MOFG) 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 $61.3M, roughly 1.1× MidWestOne Financial Group, Inc.). MidWestOne Financial Group, Inc. runs the higher net margin — 27.8% vs 3.7%, a 24.1% gap on every dollar of revenue. On growth, MidWestOne Financial Group, Inc. posted the faster year-over-year revenue change (35.9% vs 35.0%). MidWestOne Financial Group, Inc. produced more free cash flow last quarter ($16.7M vs $4.1M). Over the past eight quarters, MidWestOne Financial Group, Inc.'s revenue compounded faster (37.2% CAGR vs -3.5%).

MidWestOne Financial Group, Inc. is a bank holding company headquartered in Iowa City, Iowa. The bank operates 56 branches. It is the 3rd largest bank headquartered in Iowa. It operates in Iowa, Minnesota, Wisconsin, Colorado, and Florida.

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.

MOFG vs MPX — Head-to-Head

Bigger by revenue
MPX
MPX
1.1× larger
MPX
$64.6M
$61.3M
MOFG
Growing faster (revenue YoY)
MOFG
MOFG
+0.9% gap
MOFG
35.9%
35.0%
MPX
Higher net margin
MOFG
MOFG
24.1% more per $
MOFG
27.8%
3.7%
MPX
More free cash flow
MOFG
MOFG
$12.6M more FCF
MOFG
$16.7M
$4.1M
MPX
Faster 2-yr revenue CAGR
MOFG
MOFG
Annualised
MOFG
37.2%
-3.5%
MPX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
MOFG
MOFG
MPX
MPX
Revenue
$61.3M
$64.6M
Net Profit
$17.0M
$2.4M
Gross Margin
19.6%
Operating Margin
35.1%
5.8%
Net Margin
27.8%
3.7%
Revenue YoY
35.9%
35.0%
Net Profit YoY
117.8%
-44.6%
EPS (diluted)
$0.82
$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
MOFG
MOFG
MPX
MPX
Q4 25
$64.6M
Q3 25
$61.3M
$53.1M
Q2 25
$60.2M
$67.7M
Q1 25
$57.6M
$59.0M
Q4 24
$48.9M
$47.8M
Q3 24
$37.5M
$49.9M
Q2 24
$57.9M
$69.5M
Q1 24
$44.5M
$69.3M
Net Profit
MOFG
MOFG
MPX
MPX
Q4 25
$2.4M
Q3 25
$17.0M
$2.6M
Q2 25
$10.0M
$4.2M
Q1 25
$15.1M
$2.2M
Q4 24
$16.3M
$4.3M
Q3 24
$-95.7M
$3.4M
Q2 24
$15.8M
$5.6M
Q1 24
$3.3M
$4.6M
Gross Margin
MOFG
MOFG
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
MOFG
MOFG
MPX
MPX
Q4 25
5.8%
Q3 25
35.1%
5.4%
Q2 25
20.9%
7.1%
Q1 25
34.0%
4.4%
Q4 24
43.1%
7.7%
Q3 24
-347.0%
7.2%
Q2 24
36.0%
8.3%
Q1 24
9.5%
7.6%
Net Margin
MOFG
MOFG
MPX
MPX
Q4 25
3.7%
Q3 25
27.8%
5.0%
Q2 25
16.6%
6.1%
Q1 25
26.3%
3.7%
Q4 24
33.4%
8.9%
Q3 24
-255.1%
6.8%
Q2 24
27.3%
8.0%
Q1 24
7.3%
6.6%
EPS (diluted)
MOFG
MOFG
MPX
MPX
Q4 25
$0.07
Q3 25
$0.82
$0.07
Q2 25
$0.48
$0.12
Q1 25
$0.73
$0.06
Q4 24
$1.30
$0.13
Q3 24
$-6.05
$0.10
Q2 24
$1.00
$0.14
Q1 24
$0.21
$0.13

Balance Sheet & Financial Strength

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

Metric
MOFG
MOFG
MPX
MPX
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$98.0M
Stockholders' EquityBook value
$606.1M
$125.0M
Total Assets
$6.2B
$147.2M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Total Debt
MOFG
MOFG
MPX
MPX
Q4 25
Q3 25
$98.0M
Q2 25
$112.3M
Q1 25
$111.4M
Q4 24
$113.4M
Q3 24
$115.1M
Q2 24
$114.8M
Q1 24
$122.1M
Stockholders' Equity
MOFG
MOFG
MPX
MPX
Q4 25
$125.0M
Q3 25
$606.1M
$126.3M
Q2 25
$589.0M
$127.2M
Q1 25
$579.6M
$126.4M
Q4 24
$559.7M
$129.0M
Q3 24
$562.2M
$128.8M
Q2 24
$543.3M
$129.3M
Q1 24
$528.0M
$151.4M
Total Assets
MOFG
MOFG
MPX
MPX
Q4 25
$147.2M
Q3 25
$6.2B
$179.5M
Q2 25
$6.2B
$173.2M
Q1 25
$6.3B
$182.9M
Q4 24
$6.2B
$171.2M
Q3 24
$6.6B
$176.3M
Q2 24
$6.6B
$175.7M
Q1 24
$6.7B
$204.0M
Debt / Equity
MOFG
MOFG
MPX
MPX
Q4 25
Q3 25
0.16×
Q2 25
0.19×
Q1 25
0.19×
Q4 24
0.20×
Q3 24
0.20×
Q2 24
0.21×
Q1 24
0.23×

Cash Flow & Capital Efficiency

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

Metric
MOFG
MOFG
MPX
MPX
Operating Cash FlowLast quarter
$17.7M
$4.7M
Free Cash FlowOCF − Capex
$16.7M
$4.1M
FCF MarginFCF / Revenue
27.3%
6.4%
Capex IntensityCapex / Revenue
1.5%
0.9%
Cash ConversionOCF / Net Profit
1.04×
2.00×
TTM Free Cash FlowTrailing 4 quarters
$109.6M
$14.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MOFG
MOFG
MPX
MPX
Q4 25
$4.7M
Q3 25
$17.7M
$2.6M
Q2 25
$24.9M
$-1.6M
Q1 25
$8.7M
$10.8M
Q4 24
$63.2M
$4.6M
Q3 24
$-2.8M
$5.1M
Q2 24
$25.2M
$3.8M
Q1 24
$9.6M
$15.9M
Free Cash Flow
MOFG
MOFG
MPX
MPX
Q4 25
$4.1M
Q3 25
$16.7M
$2.1M
Q2 25
$23.8M
$-2.0M
Q1 25
$8.3M
$10.7M
Q4 24
$60.8M
$3.6M
Q3 24
$-3.0M
$3.2M
Q2 24
$24.6M
$3.0M
Q1 24
$9.1M
$15.0M
FCF Margin
MOFG
MOFG
MPX
MPX
Q4 25
6.4%
Q3 25
27.3%
4.0%
Q2 25
39.5%
-3.0%
Q1 25
14.4%
18.1%
Q4 24
124.2%
7.6%
Q3 24
-7.9%
6.5%
Q2 24
42.5%
4.4%
Q1 24
20.4%
21.7%
Capex Intensity
MOFG
MOFG
MPX
MPX
Q4 25
0.9%
Q3 25
1.5%
0.8%
Q2 25
1.9%
0.6%
Q1 25
0.7%
0.2%
Q4 24
4.9%
2.1%
Q3 24
0.6%
3.8%
Q2 24
1.1%
1.1%
Q1 24
1.2%
1.3%
Cash Conversion
MOFG
MOFG
MPX
MPX
Q4 25
2.00×
Q3 25
1.04×
0.97×
Q2 25
2.50×
-0.39×
Q1 25
0.57×
4.88×
Q4 24
3.87×
1.09×
Q3 24
1.51×
Q2 24
1.60×
0.68×
Q1 24
2.93×
3.46×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MOFG
MOFG

Segment breakdown not available.

MPX
MPX

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

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