vs

Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and Veris Residential, Inc. (VRE). Click either name above to swap in a different company.

Veris Residential, Inc. is the larger business by last-quarter revenue ($70.1M vs $64.6M, roughly 1.1× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -20.0%, a 23.6% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 3.5%). Over the past eight quarters, Veris Residential, Inc.'s revenue compounded faster (1.9% 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.

Veris Residential, Inc. is an American real estate investment trust headquartered in Jersey City, New Jersey, investing primarily in apartments in New Jersey and Boston.

MPX vs VRE — Head-to-Head

Bigger by revenue
VRE
VRE
1.1× larger
VRE
$70.1M
$64.6M
MPX
Growing faster (revenue YoY)
MPX
MPX
+31.6% gap
MPX
35.0%
3.5%
VRE
Higher net margin
MPX
MPX
23.6% more per $
MPX
3.7%
-20.0%
VRE
Faster 2-yr revenue CAGR
VRE
VRE
Annualised
VRE
1.9%
-3.5%
MPX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MPX
MPX
VRE
VRE
Revenue
$64.6M
$70.1M
Net Profit
$2.4M
$-14.0M
Gross Margin
19.6%
95.9%
Operating Margin
5.8%
-22.2%
Net Margin
3.7%
-20.0%
Revenue YoY
35.0%
3.5%
Net Profit YoY
-44.6%
-30.9%
EPS (diluted)
$0.07
$-0.15

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
VRE
VRE
Q1 26
$70.1M
Q4 25
$64.6M
$71.3M
Q3 25
$53.1M
$73.4M
Q2 25
$67.7M
$75.9M
Q1 25
$59.0M
$67.8M
Q4 24
$47.8M
$68.1M
Q3 24
$49.9M
$68.2M
Q2 24
$69.5M
$67.5M
Net Profit
MPX
MPX
VRE
VRE
Q1 26
$-14.0M
Q4 25
$2.4M
$-203.0K
Q3 25
$2.6M
$75.2M
Q2 25
$4.2M
$10.9M
Q1 25
$2.2M
$-10.7M
Q4 24
$4.3M
$-12.4M
Q3 24
$3.4M
$-9.7M
Q2 24
$5.6M
$2.9M
Gross Margin
MPX
MPX
VRE
VRE
Q1 26
95.9%
Q4 25
19.6%
97.2%
Q3 25
19.2%
96.8%
Q2 25
19.1%
97.2%
Q1 25
18.6%
95.9%
Q4 24
19.2%
97.1%
Q3 24
18.4%
96.9%
Q2 24
18.9%
97.3%
Operating Margin
MPX
MPX
VRE
VRE
Q1 26
-22.2%
Q4 25
5.8%
-0.9%
Q3 25
5.4%
Q2 25
7.1%
15.8%
Q1 25
4.4%
-20.4%
Q4 24
7.7%
-21.9%
Q3 24
7.2%
-16.2%
Q2 24
8.3%
2.2%
Net Margin
MPX
MPX
VRE
VRE
Q1 26
-20.0%
Q4 25
3.7%
-0.3%
Q3 25
5.0%
102.4%
Q2 25
6.1%
14.4%
Q1 25
3.7%
-15.8%
Q4 24
8.9%
-18.3%
Q3 24
6.8%
-14.2%
Q2 24
8.0%
4.3%
EPS (diluted)
MPX
MPX
VRE
VRE
Q1 26
$-0.15
Q4 25
$0.07
$0.00
Q3 25
$0.07
$0.80
Q2 25
$0.12
$0.12
Q1 25
$0.06
$-0.12
Q4 24
$0.13
$-0.14
Q3 24
$0.10
$-0.10
Q2 24
$0.14
$0.03

Balance Sheet & Financial Strength

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

Metric
MPX
MPX
VRE
VRE
Cash + ST InvestmentsLiquidity on hand
$9.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$125.0M
$1.1B
Total Assets
$147.2M
$2.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MPX
MPX
VRE
VRE
Q1 26
$9.4M
Q4 25
$14.1M
Q3 25
$8.8M
Q2 25
$11.4M
Q1 25
$7.6M
Q4 24
$7.3M
Q3 24
$12.8M
Q2 24
$18.4M
Total Debt
MPX
MPX
VRE
VRE
Q1 26
Q4 25
$1.4B
Q3 25
Q2 25
Q1 25
Q4 24
$1.7B
Q3 24
Q2 24
Stockholders' Equity
MPX
MPX
VRE
VRE
Q1 26
$1.1B
Q4 25
$125.0M
$1.2B
Q3 25
$126.3M
$1.2B
Q2 25
$127.2M
$1.1B
Q1 25
$126.4M
$1.1B
Q4 24
$129.0M
$1.1B
Q3 24
$128.8M
$1.1B
Q2 24
$129.3M
$1.1B
Total Assets
MPX
MPX
VRE
VRE
Q1 26
$2.7B
Q4 25
$147.2M
$2.7B
Q3 25
$179.5M
$2.8B
Q2 25
$173.2M
$3.1B
Q1 25
$182.9M
$3.0B
Q4 24
$171.2M
$3.0B
Q3 24
$176.3M
$3.0B
Q2 24
$175.7M
$3.0B
Debt / Equity
MPX
MPX
VRE
VRE
Q1 26
Q4 25
1.18×
Q3 25
Q2 25
Q1 25
Q4 24
1.52×
Q3 24
Q2 24

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
VRE
VRE
Operating Cash FlowLast quarter
$4.7M
$14.0M
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.

Operating Cash Flow
MPX
MPX
VRE
VRE
Q1 26
$14.0M
Q4 25
$4.7M
$76.0M
Q3 25
$2.6M
$13.5M
Q2 25
$-1.6M
$23.8M
Q1 25
$10.8M
$13.2M
Q4 24
$4.6M
$52.3M
Q3 24
$5.1M
$13.9M
Q2 24
$3.8M
$10.8M
Free Cash Flow
MPX
MPX
VRE
VRE
Q1 26
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
FCF Margin
MPX
MPX
VRE
VRE
Q1 26
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%
Capex Intensity
MPX
MPX
VRE
VRE
Q1 26
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%
Cash Conversion
MPX
MPX
VRE
VRE
Q1 26
Q4 25
2.00×
Q3 25
0.97×
0.18×
Q2 25
-0.39×
2.18×
Q1 25
4.88×
Q4 24
1.09×
Q3 24
1.51×
Q2 24
0.68×
3.71×

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%

VRE
VRE

Segment breakdown not available.

Related Comparisons