other material
confidence high
sentiment positive
materiality 0.30
Marine Products updates investor presentation with TTM Q3 22 sales $349M, EBITDA $50M
MARINE PRODUCTS CORP
- TTM Q3 22 sales of $349M, EBITDA of $50M; LTM gross margin ~24%, EBITDA margin ~13%.
- No debt, market cap $373M, dividend yield 5.0% on stock price $11.20 per share.
- Holds #2 outboard market share in 18–36 ft range; 40 boat models, 300+ dealers globally.
- ROIC ~17% since 2006; paid dividends in all but 2 years as a public company.
- Non-GAAP EBITDA reconciliation shows net income TTM Q3 22 YTD $28.5M.