vs

Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and SHORE BANCSHARES INC (SHBI). Click either name above to swap in a different company.

MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $59.1M, roughly 1.1× SHORE BANCSHARES INC). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 11.8%). SHORE BANCSHARES INC produced more free cash flow last quarter ($59.2M vs $4.1M). Over the past eight quarters, SHORE BANCSHARES INC's revenue compounded faster (11.3% CAGR vs -3.5%).

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.

Shore Bancshares Inc. is a U.S. regional bank holding company headquartered in Maryland. It offers a full range of retail and commercial banking services, including deposit products, personal and commercial loans, and wealth management solutions, primarily serving local individual customers, small businesses and mid-sized enterprises in its operating regions.

MPX vs SHBI — Head-to-Head

Bigger by revenue
MPX
MPX
1.1× larger
MPX
$64.6M
$59.1M
SHBI
Growing faster (revenue YoY)
MPX
MPX
+23.2% gap
MPX
35.0%
11.8%
SHBI
More free cash flow
SHBI
SHBI
$55.1M more FCF
SHBI
$59.2M
$4.1M
MPX
Faster 2-yr revenue CAGR
SHBI
SHBI
Annualised
SHBI
11.3%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPX
MPX
SHBI
SHBI
Revenue
$64.6M
$59.1M
Net Profit
$2.4M
Gross Margin
19.6%
Operating Margin
5.8%
35.2%
Net Margin
3.7%
Revenue YoY
35.0%
11.8%
Net Profit YoY
-44.6%
EPS (diluted)
$0.07
$0.48

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
MPX
MPX
SHBI
SHBI
Q4 25
$64.6M
$59.1M
Q3 25
$53.1M
$56.4M
Q2 25
$67.7M
$56.6M
Q1 25
$59.0M
$53.0M
Q4 24
$47.8M
$52.9M
Q3 24
$49.9M
$50.5M
Q2 24
$69.5M
$50.6M
Q1 24
$69.3M
$47.7M
Net Profit
MPX
MPX
SHBI
SHBI
Q4 25
$2.4M
Q3 25
$2.6M
$14.3M
Q2 25
$4.2M
$15.5M
Q1 25
$2.2M
$13.8M
Q4 24
$4.3M
Q3 24
$3.4M
$11.2M
Q2 24
$5.6M
$11.2M
Q1 24
$4.6M
$8.2M
Gross Margin
MPX
MPX
SHBI
SHBI
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
MPX
MPX
SHBI
SHBI
Q4 25
5.8%
35.2%
Q3 25
5.4%
33.7%
Q2 25
7.1%
36.5%
Q1 25
4.4%
34.4%
Q4 24
7.7%
34.3%
Q3 24
7.2%
29.6%
Q2 24
8.3%
29.7%
Q1 24
7.6%
22.2%
Net Margin
MPX
MPX
SHBI
SHBI
Q4 25
3.7%
Q3 25
5.0%
25.5%
Q2 25
6.1%
27.4%
Q1 25
3.7%
26.0%
Q4 24
8.9%
Q3 24
6.8%
22.1%
Q2 24
8.0%
22.2%
Q1 24
6.6%
17.2%
EPS (diluted)
MPX
MPX
SHBI
SHBI
Q4 25
$0.07
$0.48
Q3 25
$0.07
$0.43
Q2 25
$0.12
$0.46
Q1 25
$0.06
$0.41
Q4 24
$0.13
$0.39
Q3 24
$0.10
$0.34
Q2 24
$0.14
$0.34
Q1 24
$0.13
$0.25

Balance Sheet & Financial Strength

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

Metric
MPX
MPX
SHBI
SHBI
Cash + ST InvestmentsLiquidity on hand
$355.6M
Total DebtLower is stronger
$89.1M
Stockholders' EquityBook value
$125.0M
$589.9M
Total Assets
$147.2M
$6.3B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPX
MPX
SHBI
SHBI
Q4 25
$355.6M
Q3 25
$416.5M
Q2 25
$185.0M
Q1 25
$389.0M
Q4 24
$459.9M
Q3 24
$183.6M
Q2 24
$138.9M
Q1 24
$114.6M
Total Debt
MPX
MPX
SHBI
SHBI
Q4 25
$89.1M
Q3 25
$74.5M
Q2 25
$74.2M
Q1 25
$74.0M
Q4 24
$73.7M
Q3 24
$123.5M
Q2 24
$122.8M
Q1 24
$72.6M
Stockholders' Equity
MPX
MPX
SHBI
SHBI
Q4 25
$125.0M
$589.9M
Q3 25
$126.3M
$577.2M
Q2 25
$127.2M
$565.2M
Q1 25
$126.4M
$552.5M
Q4 24
$129.0M
$541.1M
Q3 24
$128.8M
$533.3M
Q2 24
$129.3M
$522.8M
Q1 24
$151.4M
$515.2M
Total Assets
MPX
MPX
SHBI
SHBI
Q4 25
$147.2M
$6.3B
Q3 25
$179.5M
$6.3B
Q2 25
$173.2M
$6.0B
Q1 25
$182.9M
$6.2B
Q4 24
$171.2M
$6.2B
Q3 24
$176.3M
$5.9B
Q2 24
$175.7M
$5.9B
Q1 24
$204.0M
$5.8B
Debt / Equity
MPX
MPX
SHBI
SHBI
Q4 25
0.15×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.13×
Q4 24
0.14×
Q3 24
0.23×
Q2 24
0.23×
Q1 24
0.14×

Cash Flow & Capital Efficiency

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

Metric
MPX
MPX
SHBI
SHBI
Operating Cash FlowLast quarter
$4.7M
$62.4M
Free Cash FlowOCF − Capex
$4.1M
$59.2M
FCF MarginFCF / Revenue
6.4%
100.2%
Capex IntensityCapex / Revenue
0.9%
5.4%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M
$110.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPX
MPX
SHBI
SHBI
Q4 25
$4.7M
$62.4M
Q3 25
$2.6M
$42.5M
Q2 25
$-1.6M
$-8.3M
Q1 25
$10.8M
$19.8M
Q4 24
$4.6M
$46.9M
Q3 24
$5.1M
$9.1M
Q2 24
$3.8M
$3.0M
Q1 24
$15.9M
$2.4M
Free Cash Flow
MPX
MPX
SHBI
SHBI
Q4 25
$4.1M
$59.2M
Q3 25
$2.1M
$41.9M
Q2 25
$-2.0M
$-9.2M
Q1 25
$10.7M
$18.8M
Q4 24
$3.6M
$41.7M
Q3 24
$3.2M
$8.4M
Q2 24
$3.0M
$1.4M
Q1 24
$15.0M
$614.0K
FCF Margin
MPX
MPX
SHBI
SHBI
Q4 25
6.4%
100.2%
Q3 25
4.0%
74.3%
Q2 25
-3.0%
-16.3%
Q1 25
18.1%
35.4%
Q4 24
7.6%
78.8%
Q3 24
6.5%
16.7%
Q2 24
4.4%
2.9%
Q1 24
21.7%
1.3%
Capex Intensity
MPX
MPX
SHBI
SHBI
Q4 25
0.9%
5.4%
Q3 25
0.8%
1.0%
Q2 25
0.6%
1.6%
Q1 25
0.2%
1.9%
Q4 24
2.1%
9.9%
Q3 24
3.8%
1.2%
Q2 24
1.1%
3.1%
Q1 24
1.3%
3.7%
Cash Conversion
MPX
MPX
SHBI
SHBI
Q4 25
2.00×
Q3 25
0.97×
2.96×
Q2 25
-0.39×
-0.54×
Q1 25
4.88×
1.44×
Q4 24
1.09×
Q3 24
1.51×
0.81×
Q2 24
0.68×
0.27×
Q1 24
3.46×
0.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MPX
MPX

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

SHBI
SHBI

Segment breakdown not available.

Related Comparisons