vs
Side-by-side financial comparison of MARINE PRODUCTS CORP (MPX) and Whitestone REIT (WSR). Click either name above to swap in a different company.
MARINE PRODUCTS CORP is the larger business by last-quarter revenue ($64.6M vs $43.9M, roughly 1.5× Whitestone REIT). Whitestone REIT runs the higher net margin — 52.0% vs 3.7%, a 48.3% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 7.5%). Whitestone REIT produced more free cash flow last quarter ($50.5M vs $4.1M). Over the past eight quarters, Whitestone REIT's revenue compounded faster (8.7% 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.
Whitestone REIT is a publicly traded real estate investment trust that acquires, owns, manages and redevelops open-air community shopping centers, primarily located in high-growth metropolitan areas across the southwestern and southeastern United States. Its property portfolio is largely anchored by daily necessity, service-focused retail tenants that cater to regular local consumer demand.
MPX vs WSR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.6M | $43.9M |
| Net Profit | $2.4M | $22.8M |
| Gross Margin | 19.6% | — |
| Operating Margin | 5.8% | 53.0% |
| Net Margin | 3.7% | 52.0% |
| Revenue YoY | 35.0% | 7.5% |
| Net Profit YoY | -44.6% | 31.7% |
| EPS (diluted) | $0.07 | $0.43 |
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 | $43.9M | ||
| Q3 25 | $53.1M | $41.0M | ||
| Q2 25 | $67.7M | $37.9M | ||
| Q1 25 | $59.0M | $38.0M | ||
| Q4 24 | $47.8M | $40.8M | ||
| Q3 24 | $49.9M | $38.6M | ||
| Q2 24 | $69.5M | $37.6M | ||
| Q1 24 | $69.3M | $37.2M |
| Q4 25 | $2.4M | $22.8M | ||
| Q3 25 | $2.6M | $18.3M | ||
| Q2 25 | $4.2M | $5.1M | ||
| Q1 25 | $2.2M | $3.7M | ||
| Q4 24 | $4.3M | $17.3M | ||
| Q3 24 | $3.4M | $7.6M | ||
| Q2 24 | $5.6M | $2.6M | ||
| Q1 24 | $4.6M | $9.3M |
| 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% | 53.0% | ||
| Q3 25 | 5.4% | 45.5% | ||
| Q2 25 | 7.1% | 13.8% | ||
| Q1 25 | 4.4% | 10.2% | ||
| Q4 24 | 7.7% | 43.3% | ||
| Q3 24 | 7.2% | 20.3% | ||
| Q2 24 | 8.3% | 7.2% | ||
| Q1 24 | 7.6% | 25.9% |
| Q4 25 | 3.7% | 52.0% | ||
| Q3 25 | 5.0% | 44.7% | ||
| Q2 25 | 6.1% | 13.3% | ||
| Q1 25 | 3.7% | 9.7% | ||
| Q4 24 | 8.9% | 42.5% | ||
| Q3 24 | 6.8% | 19.7% | ||
| Q2 24 | 8.0% | 6.9% | ||
| Q1 24 | 6.6% | 25.1% |
| Q4 25 | $0.07 | $0.43 | ||
| Q3 25 | $0.07 | $0.35 | ||
| Q2 25 | $0.12 | $0.10 | ||
| Q1 25 | $0.06 | $0.07 | ||
| Q4 24 | $0.13 | $0.34 | ||
| Q3 24 | $0.10 | $0.15 | ||
| Q2 24 | $0.14 | $0.05 | ||
| Q1 24 | $0.13 | $0.18 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $4.9M |
| Total DebtLower is stronger | — | $649.4M |
| Stockholders' EquityBook value | $125.0M | $458.1M |
| Total Assets | $147.2M | $1.2B |
| Debt / EquityLower = less leverage | — | 1.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $4.9M | ||
| Q3 25 | — | $6.8M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $5.6M | ||
| Q4 24 | — | $5.2M | ||
| Q3 24 | — | $2.5M | ||
| Q2 24 | — | $3.2M | ||
| Q1 24 | — | $6.2M |
| Q4 25 | — | $649.4M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $632.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $125.0M | $458.1M | ||
| Q3 25 | $126.3M | $439.5M | ||
| Q2 25 | $127.2M | $427.5M | ||
| Q1 25 | $126.4M | $431.0M | ||
| Q4 24 | $129.0M | $438.2M | ||
| Q3 24 | $128.8M | $419.5M | ||
| Q2 24 | $129.3M | $418.3M | ||
| Q1 24 | $151.4M | $421.6M |
| Q4 25 | $147.2M | $1.2B | ||
| Q3 25 | $179.5M | $1.1B | ||
| Q2 25 | $173.2M | $1.2B | ||
| Q1 25 | $182.9M | $1.1B | ||
| Q4 24 | $171.2M | $1.1B | ||
| Q3 24 | $176.3M | $1.1B | ||
| Q2 24 | $175.7M | $1.1B | ||
| Q1 24 | $204.0M | $1.1B |
| Q4 25 | — | 1.42× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $50.8M |
| Free Cash FlowOCF − Capex | $4.1M | $50.5M |
| FCF MarginFCF / Revenue | 6.4% | 114.9% |
| Capex IntensityCapex / Revenue | 0.9% | 0.7% |
| Cash ConversionOCF / Net Profit | 2.00× | 2.22× |
| TTM Free Cash FlowTrailing 4 quarters | $14.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.7M | $50.8M | ||
| Q3 25 | $2.6M | $18.0M | ||
| Q2 25 | $-1.6M | $13.8M | ||
| Q1 25 | $10.8M | $3.1M | ||
| Q4 24 | $4.6M | $58.2M | ||
| Q3 24 | $5.1M | $16.4M | ||
| Q2 24 | $3.8M | $12.3M | ||
| Q1 24 | $15.9M | $11.5M |
| Q4 25 | $4.1M | $50.5M | ||
| Q3 25 | $2.1M | — | ||
| Q2 25 | $-2.0M | — | ||
| Q1 25 | $10.7M | — | ||
| Q4 24 | $3.6M | $58.0M | ||
| Q3 24 | $3.2M | — | ||
| Q2 24 | $3.0M | — | ||
| Q1 24 | $15.0M | — |
| Q4 25 | 6.4% | 114.9% | ||
| Q3 25 | 4.0% | — | ||
| Q2 25 | -3.0% | — | ||
| Q1 25 | 18.1% | — | ||
| Q4 24 | 7.6% | 142.1% | ||
| Q3 24 | 6.5% | — | ||
| Q2 24 | 4.4% | — | ||
| Q1 24 | 21.7% | — |
| Q4 25 | 0.9% | 0.7% | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 0.6% | — | ||
| Q1 25 | 0.2% | — | ||
| Q4 24 | 2.1% | 0.5% | ||
| Q3 24 | 3.8% | — | ||
| Q2 24 | 1.1% | — | ||
| Q1 24 | 1.3% | — |
| Q4 25 | 2.00× | 2.22× | ||
| Q3 25 | 0.97× | 0.98× | ||
| Q2 25 | -0.39× | 2.74× | ||
| Q1 25 | 4.88× | 0.83× | ||
| Q4 24 | 1.09× | 3.36× | ||
| Q3 24 | 1.51× | 2.15× | ||
| Q2 24 | 0.68× | 4.73× | ||
| Q1 24 | 3.46× | 1.23× |
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% |
WSR
Segment breakdown not available.
