Marine Products (MPX) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Marine Products Revenue Highlights

Latest Revenue (Y)

$383.73M

Latest Revenue (Q)

$49.85M

Main Segment (Y)

Boats and accessories

Main Geography (Y)

Domestic

Marine Products Revenue by Period

Marine Products Revenue by Year

Date	Revenue	Change
2023-12-31	$383.73M	0.72%
2022-12-31	$381.00M	27.84%
2021-12-31	$298.01M	24.26%
2020-12-31	$239.82M	-17.91%
2019-12-31	$292.14M	-2.17%
2018-12-31	$298.62M	11.71%
2017-12-31	$267.32M	10.77%
2016-12-31	$241.33M	16.55%
2015-12-31	$207.06M	21.05%
2014-12-31	$171.05M	1.79%
2013-12-31	$168.04M	12.82%
2012-12-31	$148.95M	39.94%
2011-12-31	$106.44M	5.37%
2010-12-31	$101.01M	108.39%
2009-12-31	$48.47M	-72.40%
2008-12-31	$175.62M	-28.10%
2007-12-31	$244.27M	-6.54%
2006-12-31	$261.38M	-3.93%
2005-12-31	$272.06M	7.78%
2004-12-31	$252.42M	30.13%
2003-12-31	$193.98M	19.24%
2002-12-31	$162.68M	20.78%
2001-12-31	$134.69M	-9.16%
2000-12-31	$148.28M	20.67%
1999-12-31	$122.88M	18.73%
1998-12-31	$103.50M	-

Marine Products generated $383.73M in revenue during NA 2023, up 0.72% compared to the previous quarter, and up 128.50% compared to the same period a year ago.

Marine Products Revenue by Quarter

Date	Revenue	Change
2024-09-30	$49.85M	-28.32%
2024-06-30	$69.55M	0.30%
2024-03-31	$69.34M	-2.16%
2023-12-31	$70.87M	-8.89%
2023-09-30	$77.79M	-33.03%
2023-06-30	$116.16M	-2.32%
2023-03-31	$118.91M	9.59%
2022-12-31	$108.51M	8.44%
2022-09-30	$100.06M	4.43%
2022-06-30	$95.81M	25.06%
2022-03-31	$76.61M	0.10%
2021-12-31	$76.54M	0.92%
2021-09-30	$75.84M	12.76%
2021-06-30	$67.26M	-14.18%
2021-03-31	$78.38M	10.22%
2020-12-31	$71.11M	3.39%
2020-09-30	$68.78M	68.50%
2020-06-30	$40.82M	-30.96%
2020-03-31	$59.12M	22.72%
2019-12-31	$48.17M	-33.29%
2019-09-30	$72.21M	-18.58%
2019-06-30	$88.70M	6.79%
2019-03-31	$83.05M	33.82%
2018-12-31	$62.06M	-13.82%
2018-09-30	$72.01M	-17.23%
2018-06-30	$87.01M	12.21%
2018-03-31	$77.54M	18.21%
2017-12-31	$65.59M	10.79%
2017-09-30	$59.20M	-17.18%
2017-06-30	$71.48M	0.63%
2017-03-31	$71.04M	24.11%
2016-12-31	$57.24M	3.39%
2016-09-30	$55.36M	-14.92%
2016-06-30	$65.07M	2.20%
2016-03-31	$63.66M	27.63%
2015-12-31	$49.88M	6.04%
2015-09-30	$47.04M	-20.94%
2015-06-30	$59.50M	17.48%
2015-03-31	$50.64M	35.26%
2014-12-31	$37.44M	-1.29%
2014-09-30	$37.93M	-20.93%
2014-06-30	$47.98M	0.57%
2014-03-31	$47.70M	19.90%
2013-12-31	$39.79M	-5.25%
2013-09-30	$41.99M	-0.58%
2013-06-30	$42.23M	-4.62%
2013-03-31	$44.28M	29.66%
2012-12-31	$34.15M	-11.28%
2012-09-30	$38.49M	0.10%
2012-06-30	$38.45M	1.60%
2012-03-31	$37.85M	35.48%
2011-12-31	$27.94M	25.54%
2011-09-30	$22.25M	-23.52%
2011-06-30	$29.10M	7.18%
2011-03-31	$27.15M	30.43%
2010-12-31	$20.81M	-13.37%
2010-09-30	$24.03M	-24.15%
2010-06-30	$31.68M	29.33%
2010-03-31	$24.49M	472.13%
2009-12-31	$4.28M	-50.98%
2009-09-30	$8.73M	-30.78%
2009-06-30	$12.62M	-8.60%
2009-03-31	$13.81M	-39.35%
2008-12-31	$22.76M	-27.92%
2008-09-30	$31.58M	-43.33%
2008-06-30	$55.73M	-14.96%
2008-03-31	$65.54M	11.19%
2007-12-31	$58.95M	-

Marine Products generated $49.85M in revenue during Q3 2024, up -28.32% compared to the previous quarter, and up 42.92% compared to the same period a year ago.

Marine Products Revenue Breakdown

Marine Products Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Boats and accessories	$378.32M	$375.91M	$293.31M	-	-
Parts	$5.41M	$5.08M	$4.70M	$4.73M	$4.30M
Boats And Accessories	-	-	-	$235.10M	$287.84M

Marine Products's latest annual revenue breakdown by segment (product or service), as of Dec 23: Boats and accessories (98.59%), and Parts (1.41%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Parts	$1.18M	$1.38M	$986.00K	$1.63M	$1.60M	$1.20M	$955.00K	$1.37M	$1.55M	$1.21M	$936.00K	$1.20M	$1.45M	$1.12M	$1.01M	$1.65M	$1.17M	$897.00K	$634.00K	$1.28M
Boats and accessories	$48.67M	$68.17M	$69.89M	$76.16M	$114.56M	$117.72M	$107.55M	$98.69M	$94.27M	$75.41M	$75.60M	$74.64M	-	-	-	-	-	-	-	-
Boats And Accessories	-	-	-	-	-	-	-	-	-	-	-	-	$65.81M	$77.26M	$70.10M	$67.13M	$39.65M	$58.22M	$47.54M	$70.93M

Marine Products's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Boats and accessories (97.64%), and Parts (2.36%).

Marine Products Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
International	$22.51M	-	-	-	-
Domestic	$361.22M	$355.37M	$282.12M	-	-
U	-	-	-	$228.09M	$275.13M
Non Us	-	-	-	$11.73M	$17.00M

Marine Products's latest annual revenue breakdown by geography, as of Dec 23: Domestic (94.13%), and International (5.87%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
UNITED STATES	$47.63M	$65.28M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-US	$2.23M	$4.27M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Domestic	-	-	$68.92M	$73.23M	$108.08M	$111.00M	$99.94M	$94.89M	$88.04M	$72.50M	$71.51M	$72.44M	-	-	-	-	-	-	-	-
International	-	-	$17.95M	$4.56M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U	-	-	-	-	-	-	-	-	-	-	-	-	$63.80M	$74.36M	$66.92M	$66.62M	$38.82M	$55.73M	$45.87M	$69.14M
Non Us	-	-	-	-	-	-	-	-	-	-	-	-	$3.46M	$4.01M	$4.19M	$2.16M	$2.00M	$3.39M	$2.31M	$3.08M

Marine Products's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (95.54%), and Non-US (4.46%).

Marine Products Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PII	Polaris	$15.91B	$-3.70B
DOOO	BRP	$10.37B	$2.03B
THO	Thor Industries	$10.04B	$2.80B
BC	Brunswick	$6.40B	$1.27B
LCII	LCI Industries	$3.78B	$915.50M
WGO	Winnebago Industries	$2.97B	$786.00M
MBUU	Malibu Boats	$829.03M	$171.58M
MPX	Marine Products	$383.73M	$49.85M
MCFT	MasterCraft Boat	$366.59M	$65.36M
EZGO	EZGO	$15.92M	$10.76M

MPX Revenue FAQ

What is Marine Products’s yearly revenue?

Marine Products's yearly revenue for 2023 was $383.73M, representing an increase of 0.72% compared to 2022. The company's yearly revenue for 2022 was $381M, representing an increase of 27.84% compared to 2021. MPX's yearly revenue for 2021 was $298.01M, representing an increase of 24.26% compared to 2020.

What is Marine Products’s quarterly revenue?

Marine Products's quarterly revenue for Q3 2024 was $49.85M, a -28.32% decrease from the previous quarter (Q2 2024), and a -35.91% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $69.55M, a 0.30% increase from the previous quarter (Q1 2024), and a -40.13% decrease year-over-year (Q2 2023). MPX's quarterly revenue for Q1 2024 was $69.34M, a -2.16% decrease from the previous quarter (Q4 2023), and a -41.69% decrease year-over-year (Q1 2023).

What is Marine Products’s revenue growth rate?

Marine Products's revenue growth rate for the last 3 years (2021-2023) was 28.76%, and for the last 5 years (2019-2023) was 31.35%.

What are Marine Products’s revenue streams?

Marine Products's revenue streams in c 23 are Boats and accessories, and Parts. Boats and accessories generated $378.32M in revenue, accounting 98.59% of the company's total revenue, up 0.64% year-over-year. Parts generated $5.41M in revenue, accounting 1.41% of the company's total revenue, up 6.39% year-over-year.

What is Marine Products’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Marine Products was Boats and accessories. This segment made a revenue of $378.32M, representing 98.59% of the company's total revenue.