MARINE PRODUCTS CORP Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Marine Products Corp quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Marine Products Corp Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $820K, a 71.4% decline year-over-year.
  • Marine Products Corp Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $4.55M, a 63.5% decline year-over-year.
  • Marine Products Corp annual Income Tax Expense (Benefit) for 2023 was $10.4M, a 12% decline from 2022.
  • Marine Products Corp annual Income Tax Expense (Benefit) for 2022 was $11.8M, a 59.7% increase from 2021.
  • Marine Products Corp annual Income Tax Expense (Benefit) for 2021 was $7.38M, a 47.3% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $10.4M -$1.42M -12% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $11.8M +$4.41M +59.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $7.38M +$2.37M +47.3% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $5.01M -$1.21M -19.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-27
2019 $6.22M -$948K -13.2% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $7.17M -$3.52M -32.9% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $10.7M +$4.03M +60.4% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-28
2016 $6.66M -$3K -0.05% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-28
2015 $6.67M +$3.05M +84.5% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-28
2014 $3.61M +$1.11M +44.4% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-28
2013 $2.5M -$240K -8.75% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
2012 $2.74M +$1.08M +64.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-27
2011 $1.67M +$628K +60.4% Jan 1, 2011 Dec 31, 2011 10-K 2014-03-06
2010 $1.04M Jan 1, 2010 Dec 31, 2010 10-K 2013-03-01
* An asterisk sign (*) next to the value indicates that the value is likely invalid.