Pricing Log in Create free account
Friday 6 November 2026 Export NWPX’s income statement to Excel — free account

NWPX Infrastructure, Inc.

NWPX Basic Materials Steel

NWPX Infrastructure, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $526.0 million, up 6.79% from fiscal 2024.

Revenue
+18.8%
EPS
+35.2%
Free cash flow
+54.5%
Total debt
−30.4%

Quarter to September 2026, against a year earlier

87.33 4.50 +5.43%
Market cap
$797.7M
P/E
14.8×
Fwd P/E
17.5×
Dividend yield
—
F-score
9/9
Altman Z
4.24
Beneish M
−2.51
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 9.23
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 3 — — 7 — — — — 10 11 4 —
Insider Ownership 2.74%

Capital & Financial Ratios $m

Size
Market Cap 797.66
Revenue ttm 602.76
Net income ttm 53.48
Free cash flow ttm 86.83
Net debt Q 21.68
Valuation
P/E 14.79
Forward P/E 17.50
Price / sales 1.31
Forward P/S Powerpack
Price / FCF 9.11
Price / book 1.81
Financial health
Current ratio Q 2.56 (at or above 1.5: strong)
Debt / equity Q 0.06 (at or below 0.5: strong)
Interest coverage Q 65.36
Growth
Revenue growth Q +18.75% (above 0%: growing)
Operating income growth Q +27.71% (above 0%: growing)
EPS, this year +57.40% (at or above 15%: strong)
EPS, next year A −7.20% (below 0%: weak)
Revenue, next year A +16.79% (at or above 10%: strong)
EPS, past 5 yrs +13.03%
EPS, next 5 yrs A +16.55% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.3×, against a ten-year median of 1.0×; over the ten years it ranged from 0.5× in 2016 to 2.5× in 2026.
P/E against its own 10 years 55.76%
10-year low 10-year high
P/S against its own 10 years 80.71%
10-year low 10-year high
P/B against its own 10 years 93.36%
10-year low 10-year high
EV/Sales against its own 10 years 87.02%
10-year low 10-year high
EV/FCF against its own 10 years 39.35%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 4 5 2 6
Receivables 48 67 78 116
Inventory 91 80 74 89
Other 121 103 91 103
272 262 251 317
2023 2024 2025 Q'26
Payables 31 28 22 41
ST’ Debt 11 3 3 3
Other 21 11 9 45
96 75 67 124

Compound Annual Growth %

10y 5y 3y
Sales 11.75% 12.97% 4.75%
Cash Flow 2.00% 3.71% 56.54%
Earnings 0.00% 13.20% 4.37%
Book Value 6.14% 7.92% 7.44%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 1.65 Actual 1.86

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 0.62 0.93 Beat by 0.31
Q1 FY26 0.68 1.08 Beat by 0.40
Q2 FY26 1.33 1.62 Beat by 0.29
Q3 FY26 1.65 1.86 Beat by 0.21
Q4 FY26 1.11 — Reports 24 February 2027

EPS $

Mar Jun Sep Dec Year
’26 1.08 1.62 1.86 — —
’25 0.39 0.91 1.38 0.91 3.56
’24 0.52 0.86 1.02 1.00 3.40
’23 0.23 0.74 0.58 0.54 2.09
’22 0.36 0.97 0.99 0.79 3.11
’21 0.22 0.21 0.50 0.23 1.16
’20 0.06 0.61 0.73 0.53 1.93
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 138 159 179 — —
’25 116 133 151 126 526
’24 113 130 130 120 493
’23 99 116 119 110 444
’22 109 119 123 107 458
’21 72 74 85 103 333
’20 69 70 78 69 286
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 29 14 27 — —
’25 5 5 21 36 67
’24 (26) 22 23 36 55
’23 26 1 17 9 53
’22 2 9 15 (8) 18
’21 (1) 6 (19) 8 (6)
’20 15 14 15 13 56
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 26 10 20 — —
’25 1 2 13 31 47
’24 (31) 16 17 32 34
’23 22 (3) 12 4 35
’22 (3) 5 12 (19) (6)
’21 (2) 3 (22) 3 (19)
’20 12 10 11 8 42
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 149 133 172 279 286 333 458 444 493 526 603 +15.0% 614 606 627 +6.0%
Gross margin, % 0.04 4.38 7.03 16.89 17.67 13.28 18.76 17.47 19.37 19.70 20.90 +19.7 pt
EBT (11) (9) 17 33 26 15 41 29 42 46 69 n/m
EBT margin, % (7.26) (7.15) 9.91 11.69 8.97 4.55 9.03 6.59 8.60 8.84 11.41 +16.1 pt
Net income (9) (10) 20 28 19 12 31 21 34 35 53 n/m
Per share, $
Per share, $ Revenue 15.58 13.81 17.70 28.67 29.21 33.83 46.16 44.48 49.67 53.82 62.57 +14.8%
Earnings (0.97) (1.06) 2.09 2.86 1.95 1.17 3.14 2.11 3.45 3.62 5.55 n/m
Cash flow 0.16 (0.78) (1.89) 4.40 5.73 (0.59) 1.77 5.35 5.55 6.88 11.08 +52.1%
Capex (0.24) (0.28) (0.38) (0.88) (1.47) (1.35) (2.34) (1.83) (2.10) (2.06) (2.07) +27.3%
Free cash flow (0.08) (1.06) (2.27) 3.52 4.26 (1.94) (0.57) 3.52 3.45 4.82 9.01 n/m
Book value 21.82 20.83 22.47 25.48 27.55 28.76 32.10 34.07 37.72 40.39 45.39 +7.1%
Shares, m 10 10 10 10 10 10 10 10 10 10 10 +0.2%
Valuation, ×
Valuation, × P/E 0.00 0.00 11.15 11.65 14.51 27.18 10.67 14.35 13.99 17.21 14.79 12.1
P/S 1.13 1.39 1.32 1.16 0.97 0.94 0.73 0.68 0.97 1.16 1.31 1.0
P/B 0.80 0.92 1.04 1.31 1.03 1.11 1.04 0.88 1.28 1.55 1.81 1.1
EV/Sales 1.03 1.12 1.38 1.08 0.88 1.21 0.92 0.82 1.04 1.18 1.35 1.1
EV/FCF (207.30) (14.53) (10.78) 8.83 6.01 (21.09) (79.94) 10.30 14.97 13.17 9.36 (28.0)
Cash, $m
Cash, $m Operating cash flow 2 (8) (18) 43 56 (6) 18 53 55 67 107 +52.4%
Capex (2) (3) (4) (9) (14) (13) (23) (18) (21) (20) (20) +27.5%
Free cash flow (1) (10) (22) 34 42 (19) (6) 35 34 47 87 n/m
Balance, $m
Balance, $m Working capital 130 124 128 153 146 164 188 176 187 185 193 +4.0%
Net debt (21) (43) 5 (21) (24) 89 91 61 34 9 22 n/m
Shareholders’ equity 209 200 219 248 270 283 318 340 374 395 437 +7.3%
Returns, %
Returns, % ROA (3.70) (4.31) 8.10 9.59 5.58 2.50 5.42 3.51 5.76 6.06 8.23 +9.8 pt
ROIC (3.31) (3.65) (0.83) 7.91 6.51 2.69 6.85 5.27 7.39 7.86 9.69 +11.2 pt
ROE (4.34) (4.96) 9.70 11.96 7.36 4.17 10.35 6.40 9.58 9.21 12.99 +13.6 pt
People
People Employees 583 540 691 765 956 1,256 1,312 1,325 1,358 1,318 — +9.5%
Revenue/emp, $m 0.26 0.25 0.25 0.37 0.30 0.27 0.35 0.34 0.36 0.40 — +5.0%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

NWPX Infrastructure, Inc. vs peers in Steel (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GGB Gerdau S.A. $5.5B 19.2× — +14.33% (above 0%: growing) +87.50% (above 0%: growing) +171.99% (above 0%: growing) 15.83% 13.05% Compare
SIM Grupo Simec, S.A. de C.V. $4.3B 20.7× 28.5× +17.46% (above 0%: growing) +38.87% (above 0%: growing) +96.72% (above 0%: growing) 24.99% 15.91% Compare
WS Worthington Steel, Inc. $1.8B — (loss-making) 8.7× +212.36% (above 0%: growing) n/m −42.57% (below 0%: shrinking) 9.58% 2.05% Compare
SID National Steel Company $1.0B — (loss-making) 199× +18.55% (above 0%: growing) n/m +8.38% (above 0%: growing) 25.92% 5.54% Compare
NWPX NWPX Infrastructure, Inc. $797.7M 14.8× 17.5× +18.75% (above 0%: growing) +35.17% (above 0%: growing) +54.47% (above 0%: growing) 21.29% 13.55%
MTUS Metallus Inc. $650.2M 27.4× 27.3× +10.23% (above 0%: growing) +202.58% (above 0%: growing) +1.56% (above 0%: growing) 10.77% 9.49% Compare
FRD Friedman Industries Inc. $256.1M 6.2× 5.0× +88.21% (above 0%: growing) +584.37% (above 0%: growing) +403.27% (above 0%: growing) 0.00% 12.75% Compare
MSB Mesabi Trust $216.4M 33.4× 56.9× −55.76% (below 0%: shrinking) n/m −94.31% (below 0%: shrinking) 100.00% 100.00% Compare
ZKIN ZK International Group Co., Ltd. $116.3M — (loss-making) — (loss-making) +6.38% (above 0%: growing) +100.00% (above 0%: growing) −602.13% (below 0%: shrinking) 6.38% 0.00% Compare
Median of peers $840.1M 20.7× 27.9× +15.90% +100.00% +4.97% 13.30% 11.12%

All 19 Steel stocks →

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 3.49m 4.57m 220.81
2024 3.17m 4.86m 170.53
2023 2.41m 2.10m 106.93
2022 2.53m 3.02m 119.08
2021 1.94m 1.85m 112.37

Ownership

Directors and executive officers, together 3.30%
BlackRock, Inc. 10.70%
Dimensional Fund Advisors LP 7.50%
Global X Management Company LLC 5.70%
Royce & Associates, LP 5.10%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

NWPX Infrastructure, Inc. (NWPX) Latest News

29 Oct

Impact 4 · · MarketBeat
Impact 4 · · The Motley Fool transcript
Impact 3 · · Moby

28 Oct

Impact 4 · · StockStory
Impact 4 · · PR Newswire earnings
Impact 3 · · Zacks
Impact 3 · · Zacks
Impact 3 · · Associated Press

27 Oct

Impact 3 · · StockStory

23 Sep

Impact 3 · · PR Newswire
Impact 3 · · StockStory

15 Sep

Impact 3 ·

2 Sep

Impact 4 ·

7 Aug

Impact 3 · · The Motley Fool transcript

1 Aug

Impact 3 ·

31 Jul

Impact 3 ·

30 Jul

Impact 4 ·
Impact 3 · · MarketBeat
Impact 3 · · Moby transcript

29 Jul

Impact 4 ·
Impact 3 ·
Impact 3 ·
Impact 3 ·

28 Jul

Impact 3 ·

17 Jun

Impact 3 ·

11 Jun

Impact 4 ·

10 Jun

Impact 3 · · PR Newswire

12 May

Impact 4 · · The Motley Fool

3 May

Impact 4 · · StockStory

2 May

Impact 4 · · Simply Wall St.
stockrow.com/NWPX · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com