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Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $64.6M, roughly 1.1× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs 2.0%, a 1.6% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $4.1M). Over the past eight quarters, MARINE PRODUCTS CORP's revenue compounded faster (-3.5% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
MPX vs RMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $71.1M |
| Net Profit | $2.4M | $1.4M |
| Gross Margin | 19.6% | — |
| Operating Margin | 5.8% | 13.1% |
| Net Margin | 3.7% | 2.0% |
| Revenue YoY | 35.0% | -1.8% |
| Net Profit YoY | -44.6% | -75.2% |
| EPS (diluted) | $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 | $64.6M | $71.1M | ||
| Q3 25 | $53.1M | $73.2M | ||
| Q2 25 | $67.7M | $72.8M | ||
| Q1 25 | $59.0M | $74.5M | ||
| Q4 24 | $47.8M | $72.5M | ||
| Q3 24 | $49.9M | $78.5M | ||
| Q2 24 | $69.5M | $78.5M | ||
| Q1 24 | $69.3M | $78.3M |
| Q4 25 | $2.4M | $1.4M | ||
| Q3 25 | $2.6M | $4.0M | ||
| Q2 25 | $4.2M | $4.7M | ||
| Q1 25 | $2.2M | $-2.0M | ||
| Q4 24 | $4.3M | $5.8M | ||
| Q3 24 | $3.4M | $966.0K | ||
| Q2 24 | $5.6M | $3.7M | ||
| Q1 24 | $4.6M | $-3.4M |
| 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 | 5.8% | 13.1% | ||
| Q3 25 | 5.4% | 25.0% | ||
| Q2 25 | 7.1% | 19.3% | ||
| Q1 25 | 4.4% | 7.2% | ||
| Q4 24 | 7.7% | 5.9% | ||
| Q3 24 | 7.2% | 19.4% | ||
| Q2 24 | 8.3% | 20.6% | ||
| Q1 24 | 7.6% | 5.8% |
| Q4 25 | 3.7% | 2.0% | ||
| Q3 25 | 5.0% | 5.4% | ||
| Q2 25 | 6.1% | 6.4% | ||
| Q1 25 | 3.7% | -2.6% | ||
| Q4 24 | 8.9% | 8.0% | ||
| Q3 24 | 6.8% | 1.2% | ||
| Q2 24 | 8.0% | 4.7% | ||
| Q1 24 | 6.6% | -4.3% |
| Q4 25 | $0.07 | — | ||
| Q3 25 | $0.07 | — | ||
| Q2 25 | $0.12 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.13 | — | ||
| Q3 24 | $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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $125.0M | $452.4M |
| Total Assets | $147.2M | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $118.7M | ||
| Q3 25 | — | $107.5M | ||
| Q2 25 | — | $94.3M | ||
| Q1 25 | — | $89.1M | ||
| Q4 24 | — | $96.6M | ||
| Q3 24 | — | $83.8M | ||
| Q2 24 | — | $66.1M | ||
| Q1 24 | — | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $125.0M | $452.4M | ||
| Q3 25 | $126.3M | $448.1M | ||
| Q2 25 | $127.2M | $442.4M | ||
| Q1 25 | $126.4M | $433.5M | ||
| Q4 24 | $129.0M | $429.5M | ||
| Q3 24 | $128.8M | $423.1M | ||
| Q2 24 | $129.3M | $418.4M | ||
| Q1 24 | $151.4M | $412.0M |
| Q4 25 | $147.2M | $582.5M | ||
| Q3 25 | $179.5M | $582.2M | ||
| Q2 25 | $173.2M | $574.8M | ||
| Q1 25 | $182.9M | $571.4M | ||
| Q4 24 | $171.2M | $581.6M | ||
| Q3 24 | $176.3M | $578.6M | ||
| Q2 24 | $175.7M | $571.4M | ||
| Q1 24 | $204.0M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $4.7M | $40.9M |
| Free Cash FlowOCF − Capex | $4.1M | $33.5M |
| FCF MarginFCF / Revenue | 6.4% | 47.1% |
| Capex IntensityCapex / Revenue | 0.9% | 10.4% |
| Cash ConversionOCF / Net Profit | 2.00× | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $14.9M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7M | $40.9M | ||
| Q3 25 | $2.6M | $17.7M | ||
| Q2 25 | $-1.6M | $4.6M | ||
| Q1 25 | $10.8M | $5.7M | ||
| Q4 24 | $4.6M | $59.7M | ||
| Q3 24 | $5.1M | $17.6M | ||
| Q2 24 | $3.8M | $15.9M | ||
| Q1 24 | $15.9M | $9.4M |
| Q4 25 | $4.1M | $33.5M | ||
| Q3 25 | $2.1M | $16.4M | ||
| Q2 25 | $-2.0M | $2.9M | ||
| Q1 25 | $10.7M | $4.0M | ||
| Q4 24 | $3.6M | $53.0M | ||
| Q3 24 | $3.2M | $16.3M | ||
| Q2 24 | $3.0M | $14.0M | ||
| Q1 24 | $15.0M | $6.8M |
| Q4 25 | 6.4% | 47.1% | ||
| Q3 25 | 4.0% | 22.4% | ||
| Q2 25 | -3.0% | 4.0% | ||
| Q1 25 | 18.1% | 5.3% | ||
| Q4 24 | 7.6% | 73.2% | ||
| Q3 24 | 6.5% | 20.8% | ||
| Q2 24 | 4.4% | 17.8% | ||
| Q1 24 | 21.7% | 8.6% |
| Q4 25 | 0.9% | 10.4% | ||
| Q3 25 | 0.8% | 1.8% | ||
| Q2 25 | 0.6% | 2.2% | ||
| Q1 25 | 0.2% | 2.3% | ||
| Q4 24 | 2.1% | 9.1% | ||
| Q3 24 | 3.8% | 1.7% | ||
| Q2 24 | 1.1% | 2.4% | ||
| Q1 24 | 1.3% | 3.3% |
| Q4 25 | 2.00× | 28.39× | ||
| Q3 25 | 0.97× | 4.45× | ||
| Q2 25 | -0.39× | 0.97× | ||
| Q1 25 | 4.88× | — | ||
| Q4 24 | 1.09× | 10.28× | ||
| Q3 24 | 1.51× | 18.22× | ||
| Q2 24 | 0.68× | 4.29× | ||
| Q1 24 | 3.46× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
