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Marine Products Corp. (MPX) Stock Fundamental Analysis & AI Rating 2026

MPX NYSE Ship & Boat Building & Repairing DE CIK: 0001129155
Updated This Month • Analysis: Apr 2, 2026 • SEC Data: 2025-12-31
📅 Next earnings: Apr 23, 2026 (in 7 days) • TBD ET • All earnings →
Combined AI Rating
BUY
71% Confidence
AGREEMENT
BUY
72% Conf
HOLD
70% Conf

📊 MPX Key Takeaways

Revenue: $244.4M
Net Margin: 4.7%
Free Cash Flow: $14.9M
Current Ratio: 5.37x
Debt/Equity: 0.00x
EPS: $0.32
AI Rating: BUY with 72% confidence
Marine Products Corp. (MPX) receives a BUY rating with 71% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $244.4M, net profit margin of 4.7%, and return on equity (ROE) of 9.1%, Marine Products Corp. demonstrates strong fundamentals in the Automotive sector. Below is our complete MPX stock analysis for 2026.

Is Marine Products Corp. (MPX) a Good Investment?

Claude

Marine Products demonstrates solid financial health with exceptional liquidity (5.37x current ratio), zero debt, and strong free cash flow generation ($14.9M). While profitability margins are modest (4.7% net margin), revenue growth and positive earnings momentum suggest operational stability in the cyclical marine manufacturing sector.

ChatGPT

Marine Products shows modest growth with improving net income and solid free cash flow, supported by a debt-free, cash-rich balance sheet and strong liquidity. However, margins remain thin and diluted EPS declined sharply, indicating per‑share pressure despite stable absolute earnings. Given cyclicality in discretionary marine demand, the setup looks balanced pending clearer margin expansion or per‑share improvement.

Why Buy Marine Products Corp. Stock? MPX Key Strengths

Claude
  • + Fortress balance sheet with $43.5M cash, zero long-term debt, and debt/equity of 0.00x
  • + Exceptional liquidity ratios (current 5.37x, quick 2.71x) providing financial flexibility
  • + Consistent cash generation with $14.9M free cash flow and 6.1% FCF margin
  • + Revenue growth of 3.3% YoY with net income growth of 4.7% YoY showing operational leverage
  • + Strong insider activity with 12 Form 4 filings in 90 days indicating management confidence
ChatGPT
  • + Debt-free, cash-rich balance sheet
  • + Strong liquidity (current 5.37x; quick 2.71x)
  • + Consistent positive FCF with low capex

MPX Stock Risks: Marine Products Corp. Investment Risks

Claude
  • ! Modest profitability margins (4.7% net, 5.7% operating) with limited pricing power in competitive marine sector
  • ! Significant dilution reflected in 36% YoY EPS decline despite earnings growth, suggesting substantial share issuance
  • ! Low ROE (9.1%) and ROA (7.7%) indicate inefficient capital deployment relative to equity base
  • ! Cyclical industry exposure sensitive to discretionary consumer spending and economic downturns
  • ! Gross margin of 19.1% suggests structural cost pressures or intense competitive dynamics
ChatGPT
  • ! Thin margins limit profit resilience
  • ! Diluted EPS down 36% YoY (potential dilution/mix)
  • ! Cyclical demand in recreational boating

Key Metrics to Watch

Claude
  • * Gross margin trend - critical indicator of pricing power and manufacturing efficiency
  • * Revenue growth sustainability - monitor if 3.3% growth continues or decelerates
  • * Share dilution rate - track diluted share count given concerning EPS decline despite earnings growth
  • * Free cash flow conversion - ensure cash generation continues to support operations and returns
  • * Operating margin expansion - identify path to higher profitability in core business
ChatGPT
  • * Gross margin trend
  • * Diluted share count and EPS quality

Marine Products Corp. (MPX) Financial Metrics & Key Ratios

Revenue
$244.4M
Net Income
$11.4M
EPS (Diluted)
$0.32
Free Cash Flow
$14.9M
Total Assets
$147.2M
Cash Position
$43.5M

💡 AI Analyst Insight

Strong liquidity with a 5.37x current ratio provides a solid financial cushion.

MPX Profit Margin, ROE & Profitability Analysis

Gross Margin 19.1%
Operating Margin 5.7%
Net Margin 4.7%
ROE 9.1%
ROA 7.7%
FCF Margin 6.1%

MPX vs Automotive Sector: How Marine Products Corp. Compares

How Marine Products Corp. compares to Automotive sector averages

Net Margin
MPX 4.7%
vs
Sector Avg 6.0%
MPX Sector
ROE
MPX 9.1%
vs
Sector Avg 12.0%
MPX Sector
Current Ratio
MPX 5.4x
vs
Sector Avg 1.2x
MPX Sector
Debt/Equity
MPX 0.0x
vs
Sector Avg 1.0x
MPX Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Marine Products Corp. Stock Overvalued? MPX Valuation Analysis 2026

Based on fundamental analysis, Marine Products Corp. has mixed fundamental signals relative to the Automotive sector in 2026.

Return on Equity
9.1%
Sector avg: 12%
Net Profit Margin
4.7%
Sector avg: 6%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Marine Products Corp. Balance Sheet: MPX Debt, Cash & Liquidity

Current Ratio
5.37x
Quick Ratio
2.71x
Debt/Equity
0.00x
Debt/Assets
15.1%
Interest Coverage
N/A
Long-term Debt
N/A

MPX Revenue & Earnings Growth: 5-Year Financial Trend

MPX 5-year financial data: Year 2021: Revenue $298.0M, Net Income $28.2M, EPS $0.83. Year 2022: Revenue $381.0M, Net Income $19.4M, EPS $0.57. Year 2023: Revenue $383.7M, Net Income $29.0M, EPS $0.85. Year 2024: Revenue $383.7M, Net Income $40.3M, EPS $1.18. Year 2025: Revenue $383.7M, Net Income $41.7M, EPS $1.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Marine Products Corp.'s revenue has grown significantly by 29% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.21 reflects profitable operations.

MPX Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
6.1%
Free cash flow / Revenue

MPX Quarterly Earnings & Performance

Quarterly financial performance data for Marine Products Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $49.9M $2.2M $0.07
Q2 2025 $67.7M $2.2M $0.12
Q1 2025 $59.0M $2.2M $0.06
Q3 2024 $49.9M $3.4M $0.10
Q2 2024 $69.5M $4.6M $0.14
Q1 2024 $69.3M $4.6M $0.13
Q3 2023 $77.8M $7.1M $0.30
Q2 2023 $95.8M $7.1M $0.29

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Marine Products Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$16.5M
Cash generated from operations
Stock Buybacks
$1.1M
Shares repurchased (TTM)
Capital Expenditures
$1.5M
Investment in assets
Dividends Paid
$19.6M
Returned to shareholders

MPX SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Marine Products Corp. (CIK: 0001129155)

📋 Recent SEC Filings

Date Form Document Action
Mar 18, 2026 8-K tm269178d1_8k.htm View →
Feb 27, 2026 10-K mpx-20251231x10k.htm View →
Feb 5, 2026 8-K tm265315d2_8k.htm View →
Feb 5, 2026 8-K tm265315d1_8k.htm View →
Jan 30, 2026 4 xslF345X05/section16.xml View →

Frequently Asked Questions about MPX

What is the AI rating for MPX?

Marine Products Corp. (MPX) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are MPX's key strengths?

Claude: Fortress balance sheet with $43.5M cash, zero long-term debt, and debt/equity of 0.00x. Exceptional liquidity ratios (current 5.37x, quick 2.71x) providing financial flexibility. ChatGPT: Debt-free, cash-rich balance sheet. Strong liquidity (current 5.37x; quick 2.71x).

What are the risks of investing in MPX?

Claude: Modest profitability margins (4.7% net, 5.7% operating) with limited pricing power in competitive marine sector. Significant dilution reflected in 36% YoY EPS decline despite earnings growth, suggesting substantial share issuance. ChatGPT: Thin margins limit profit resilience. Diluted EPS down 36% YoY (potential dilution/mix).

What is MPX's revenue and growth?

Marine Products Corp. reported revenue of $244.4M.

Does MPX pay dividends?

Marine Products Corp. pays dividends, with $19.6M distributed to shareholders in the trailing twelve months.

Where can I find MPX SEC filings?

Official SEC filings for Marine Products Corp. (CIK: 0001129155) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is MPX's EPS?

Marine Products Corp. has a diluted EPS of $0.32.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is MPX a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Marine Products Corp. has a BUY rating with 71% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is MPX stock overvalued or undervalued?

Valuation metrics for MPX: ROE of 9.1% (sector avg: 12%), net margin of 4.7% (sector avg: 6%). Compare these metrics with sector averages to assess valuation.

Should I buy MPX stock in 2026?

Our dual AI analysis gives Marine Products Corp. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is MPX's free cash flow?

Marine Products Corp.'s operating cash flow is $16.5M, with capital expenditures of $1.5M. FCF margin is 6.1%.

How does MPX compare to other Automotive stocks?

Vs Automotive sector averages: Net margin 4.7% (avg: 6%), ROE 9.1% (avg: 12%), current ratio 5.37 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 2, 2026 | Data as of: 2025-12-31 | Powered by Claude AI