Craft

Marine Products

Stock Price

$9.6

2024-10-29

Market Capitalization

$331.5 M

2024-10-29

Revenue

$236.6 M

FY, 2024

Marine Products Summary

Company Summary

Overview
Marine Products Corporation is a company that designs, manufactures, and sells recreational fiberglass powerboats for the sportboat, sport fishing, and jetboat markets. It offers sterndrive pleasure boats, outboard pleasure boats sport luxury models; outboard sportfishing boats, jet boats, center and dual consoles, etc.
Type
Public
Status
Active
Founded
2000
HQ
Atlanta, GA, US | view all locations
Website
https://www.marineproductscorp.com/
Cybersecurity rating
Sectors

Key People

  • Ben Palmer

    Ben Palmer, Director, President and Chief Executive Officer

    • Richard Hubbell

      Richard Hubbell, Executive Chairman of the Board of Directors

      • Jerry W. Nix, Lead Independent Director

        • Michael L. Schmit

          Michael L. Schmit, Vice President, Chief Financial Officer and Corporate Secretary

          Operating MetricsView all

          Backlog

          $164.9M
          278.2%

          FY, 2020

          Boats Sold

          3.7K
          23.5%

          FY, 2020

          Average Selling Price Per Unit

          $56.1K
          6.7%

          FY, 2020

          LocationsView all

          1 location detected

          • Atlanta, GA HQ

            United States

            2801 Buford Hwy NE #520

          Marine Products Financials

          Summary Financials

          Revenue (Q1, 2025)
          $59.0M
          Gross profit (Q1, 2025)
          $11.0M
          Net income (Q1, 2025)
          $2.2M
          Cash (Q1, 2025)
          $57.1M
          EBIT (Q1, 2025)
          $2.6M

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