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

UNIVERSAL ELECTRONICS INC is the larger business by last-quarter revenue ($87.7M vs $64.6M, roughly 1.4× MARINE PRODUCTS CORP). On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs -20.6%). MARINE PRODUCTS CORP produced more free cash flow last quarter ($4.1M vs $-4.9M). Over the past eight quarters, UNIVERSAL ELECTRONICS INC's revenue compounded faster (-2.3% 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.

Universal Electronics Inc. (UEI) is an American smart home technology provider and manufacturer of universal remote controls, IoT devices such as voice-enabled smart home hubs, smart thermostats, home sensors; as well as a white label digital assistant platform optimized for smart home applications, and other software and cloud services for device discovery, fingerprinting and interoperability. The company designs, develops, manufactures and ships products both under the "One For All" brand a...

MPX vs UEIC — Head-to-Head

Bigger by revenue
UEIC
UEIC
1.4× larger
UEIC
$87.7M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+55.6% gap
MPX
35.0%
-20.6%
UEIC
More free cash flow
MPX
MPX
$9.1M more FCF
MPX
$4.1M
$-4.9M
UEIC
Faster 2-yr revenue CAGR
UEIC
UEIC
Annualised
UEIC
-2.3%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MPX
MPX
UEIC
UEIC
Revenue
$64.6M
$87.7M
Net Profit
$2.4M
Gross Margin
19.6%
29.7%
Operating Margin
5.8%
1.0%
Net Margin
3.7%
Revenue YoY
35.0%
-20.6%
Net Profit YoY
-44.6%
EPS (diluted)
$0.07
$-0.09

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
UEIC
UEIC
Q4 25
$64.6M
$87.7M
Q3 25
$53.1M
$90.6M
Q2 25
$67.7M
$97.7M
Q1 25
$59.0M
$92.3M
Q4 24
$47.8M
$110.5M
Q3 24
$49.9M
$102.1M
Q2 24
$69.5M
$90.5M
Q1 24
$69.3M
$91.9M
Net Profit
MPX
MPX
UEIC
UEIC
Q4 25
$2.4M
Q3 25
$2.6M
$-8.3M
Q2 25
$4.2M
$-2.9M
Q1 25
$2.2M
$-6.3M
Q4 24
$4.3M
Q3 24
$3.4M
$-2.7M
Q2 24
$5.6M
$-8.2M
Q1 24
$4.6M
$-8.6M
Gross Margin
MPX
MPX
UEIC
UEIC
Q4 25
19.6%
29.7%
Q3 25
19.2%
27.7%
Q2 25
19.1%
29.9%
Q1 25
18.6%
28.3%
Q4 24
19.2%
28.4%
Q3 24
18.4%
30.1%
Q2 24
18.9%
28.7%
Q1 24
20.2%
28.3%
Operating Margin
MPX
MPX
UEIC
UEIC
Q4 25
5.8%
1.0%
Q3 25
5.4%
-5.0%
Q2 25
7.1%
1.0%
Q1 25
4.4%
-4.1%
Q4 24
7.7%
-3.9%
Q3 24
7.2%
0.4%
Q2 24
8.3%
-4.9%
Q1 24
7.6%
-7.5%
Net Margin
MPX
MPX
UEIC
UEIC
Q4 25
3.7%
Q3 25
5.0%
-9.2%
Q2 25
6.1%
-3.0%
Q1 25
3.7%
-6.8%
Q4 24
8.9%
Q3 24
6.8%
-2.6%
Q2 24
8.0%
-9.1%
Q1 24
6.6%
-9.4%
EPS (diluted)
MPX
MPX
UEIC
UEIC
Q4 25
$0.07
$-0.09
Q3 25
$0.07
$-0.62
Q2 25
$0.12
$-0.22
Q1 25
$0.06
$-0.48
Q4 24
$0.13
$-0.35
Q3 24
$0.10
$-0.20
Q2 24
$0.14
$-0.63
Q1 24
$0.13
$-0.67

Balance Sheet & Financial Strength

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

Metric
MPX
MPX
UEIC
UEIC
Cash + ST InvestmentsLiquidity on hand
$32.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$125.0M
$146.2M
Total Assets
$147.2M
$274.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPX
MPX
UEIC
UEIC
Q4 25
$32.3M
Q3 25
$31.5M
Q2 25
$34.3M
Q1 25
$27.4M
Q4 24
$26.8M
Q3 24
$26.3M
Q2 24
$23.1M
Q1 24
$26.9M
Stockholders' Equity
MPX
MPX
UEIC
UEIC
Q4 25
$125.0M
$146.2M
Q3 25
$126.3M
$146.1M
Q2 25
$127.2M
$152.8M
Q1 25
$126.4M
$150.0M
Q4 24
$129.0M
$153.1M
Q3 24
$128.8M
$161.2M
Q2 24
$129.3M
$159.8M
Q1 24
$151.4M
$169.7M
Total Assets
MPX
MPX
UEIC
UEIC
Q4 25
$147.2M
$274.0M
Q3 25
$179.5M
$280.7M
Q2 25
$173.2M
$304.1M
Q1 25
$182.9M
$310.6M
Q4 24
$171.2M
$323.4M
Q3 24
$176.3M
$321.3M
Q2 24
$175.7M
$314.0M
Q1 24
$204.0M
$322.9M

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
UEIC
UEIC
Operating Cash FlowLast quarter
$4.7M
$-4.2M
Free Cash FlowOCF − Capex
$4.1M
$-4.9M
FCF MarginFCF / Revenue
6.4%
-5.6%
Capex IntensityCapex / Revenue
0.9%
0.8%
Cash ConversionOCF / Net Profit
2.00×
TTM Free Cash FlowTrailing 4 quarters
$14.9M
$19.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MPX
MPX
UEIC
UEIC
Q4 25
$4.7M
$-4.2M
Q3 25
$2.6M
$10.1M
Q2 25
$-1.6M
$8.7M
Q1 25
$10.8M
$9.0M
Q4 24
$4.6M
$6.5M
Q3 24
$5.1M
$5.7M
Q2 24
$3.8M
$5.5M
Q1 24
$15.9M
$-2.8M
Free Cash Flow
MPX
MPX
UEIC
UEIC
Q4 25
$4.1M
$-4.9M
Q3 25
$2.1M
$9.3M
Q2 25
$-2.0M
$7.5M
Q1 25
$10.7M
$7.9M
Q4 24
$3.6M
$5.5M
Q3 24
$3.2M
$4.8M
Q2 24
$3.0M
$4.1M
Q1 24
$15.0M
$-4.1M
FCF Margin
MPX
MPX
UEIC
UEIC
Q4 25
6.4%
-5.6%
Q3 25
4.0%
10.2%
Q2 25
-3.0%
7.7%
Q1 25
18.1%
8.6%
Q4 24
7.6%
4.9%
Q3 24
6.5%
4.7%
Q2 24
4.4%
4.5%
Q1 24
21.7%
-4.5%
Capex Intensity
MPX
MPX
UEIC
UEIC
Q4 25
0.9%
0.8%
Q3 25
0.8%
1.0%
Q2 25
0.6%
1.2%
Q1 25
0.2%
1.1%
Q4 24
2.1%
0.9%
Q3 24
3.8%
0.8%
Q2 24
1.1%
1.5%
Q1 24
1.3%
1.5%
Cash Conversion
MPX
MPX
UEIC
UEIC
Q4 25
2.00×
Q3 25
0.97×
Q2 25
-0.39×
Q1 25
4.88×
Q4 24
1.09×
Q3 24
1.51×
Q2 24
0.68×
Q1 24
3.46×

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%

UEIC
UEIC

Other$39.6M45%
Connected Home$29.8M34%
Asia Excluding Peoples Republic Of China$18.4M21%

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