Stocks · Materials · Steel Pipe & Tubes

NWPX Infrastructure, Inc.

NWPX Clue Score62
United States Fiscal year ends December CIK 0001001385
$101.32 +0.59% Close, 9 Oct 2026
Price $101.32 +327.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue149.4Operating income−10.0Net income−9.3EPS, diluted−0.97Fiscal year 2017Revenue132.8 −11.1%Operating income−9.2Net income−10.2EPS, diluted−1.06Fiscal year 2018Revenue172.1 +29.6%Operating income−3.0Net income20.3EPS, diluted2.09Fiscal year 2019Revenue279.3 +62.3%Operating income28.7Net income27.9 +37.4%EPS, diluted2.85 +36.4%Fiscal year 2020Revenue285.9 +2.4%Operating income25.6Net income19.1 −31.7%EPS, diluted1.93 −32.3%Fiscal year 2021Revenue333.3 +16.6%Operating income16.0Net income11.5 −39.5%EPS, diluted1.16 −39.9%Fiscal year 2022Revenue457.7 +37.3%Operating income44.8Net income31.1 +170.3%EPS, diluted3.11 +168.1%Fiscal year 2023Revenue444.4 −2.9%Operating income33.9Net income21.1 −32.4%EPS, diluted2.09 −32.8%Fiscal year 2024Revenue492.5 +10.8%Operating income48.2Net income34.2 +62.3%EPS, diluted3.40 +62.7%Fiscal year 2025Revenue526.0 +6.8%Operating income50.9Net income35.4 +3.5%EPS, diluted3.56 +4.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 149.4 132.8 172.1 279.3 285.9 333.3 457.7 444.4 492.5 526.0
Growth −11.1% +29.6% +62.3% +2.4% +16.6% +37.3% −2.9% +10.8% +6.8%
Operating income −10.0 −9.2 −3.0 28.7 25.6 16.0 44.8 33.9 48.2 50.9
Net income −9.3 −10.2 20.3 27.9 19.1 11.5 31.1 21.1 34.2 35.4
Growth +37.4% −31.7% −39.5% +170.3% −32.4% +62.3% +3.5%
EPS, diluted −0.97 −1.06 2.09 2.85 1.93 1.16 3.11 2.09 3.40 3.56
Growth +36.4% −32.3% −39.9% +168.1% −32.8% +62.7% +4.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin0.0%Operating margin−6.7%Net margin−6.2%Free cash flow margin−0.5%Fiscal year 2017Gross margin4.4%Operating margin−6.9%Net margin−7.7%Free cash flow margin−7.8%Fiscal year 2018Gross margin7.0%Operating margin−1.7%Net margin11.8%Free cash flow margin−12.9%Fiscal year 2019Gross margin16.9%Operating margin10.3%Net margin10.0%Free cash flow margin12.3%Fiscal year 2020Gross margin17.7%Operating margin8.9%Net margin6.7%Free cash flow margin14.7%Fiscal year 2021Gross margin13.3%Operating margin4.8%Net margin3.5%Free cash flow margin−5.7%Fiscal year 2022Gross margin18.8%Operating margin9.8%Net margin6.8%Free cash flow margin−1.2%Fiscal year 2023Gross margin17.5%Operating margin7.6%Net margin4.7%Free cash flow margin7.9%Fiscal year 2024Gross margin19.4%Operating margin9.8%Net margin6.9%Free cash flow margin7.0%Fiscal year 2025Gross margin19.7%Operating margin9.7%Net margin6.7%Free cash flow margin9.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 0.0% 4.4% 7.0% 16.9% 17.7% 13.3% 18.8% 17.5% 19.4% 19.7%
Operating margin −6.7% −6.9% −1.7% 10.3% 8.9% 4.8% 9.8% 7.6% 9.8% 9.7%
Net margin −6.2% −7.7% 11.8% 10.0% 6.7% 3.5% 6.8% 4.7% 6.9% 6.7%
Free cash flow margin −0.5% −7.8% −12.9% 12.3% 14.7% −5.7% −1.2% 7.9% 7.0% 9.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow1.5Capital expenditure−2.3Free cash flow−0.8Fiscal year 2017Operating cash flow−7.5Capital expenditure−2.9Free cash flow−10.4Fiscal year 2018Operating cash flow−18.4Capital expenditure−3.8Free cash flow−22.2Fiscal year 2019Operating cash flow42.9Capital expenditure−8.6Free cash flow34.3Fiscal year 2020Operating cash flow56.1Capital expenditure−14.0Free cash flow42.1 +22.7%Fiscal year 2021Operating cash flow−5.8Capital expenditure−13.3Free cash flow−19.1 −145.3%Buybacks0.0Fiscal year 2022Operating cash flow17.5Capital expenditure−22.8Free cash flow−5.3Buybacks0.0Fiscal year 2023Operating cash flow53.5Capital expenditure−18.3Free cash flow35.2Buybacks−0.7Fiscal year 2024Operating cash flow55.1Capital expenditure−20.8Free cash flow34.3 −2.6%Buybacks−4.4Fiscal year 2025Operating cash flow67.3Capital expenditure−20.2Free cash flow47.1 +37.5%Buybacks−18.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 1.5 −7.5 −18.4 42.9 56.1 −5.8 17.5 53.5 55.1 67.3
Capital expenditure −2.3 −2.9 −3.8 −8.6 −14.0 −13.3 −22.8 −18.3 −20.8 −20.2
Free cash flow −0.8 −10.4 −22.2 34.3 42.1 −19.1 −5.3 35.2 34.3 47.1
Growth +22.7% −145.3% −2.6% +37.5%
Buybacks n/a n/a n/a n/a n/a 0.0 0.0 −0.7 −4.4 −18.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash21.8Shareholders’ equity209.2Fiscal year 2017Cash43.6Shareholders’ equity200.3Fiscal year 2018Cash6.7Shareholders’ equity218.6Fiscal year 2019Cash31.0Total debt0.0Net cash (debt)31.0Shareholders’ equity248.2Debt to equity0.00Fiscal year 2020Cash37.9Total debt13.6Net cash (debt)24.3Shareholders’ equity269.6Debt to equity0.05Fiscal year 2021Cash3.0Total debt0.0Net cash (debt)3.0Shareholders’ equity283.4Debt to equity0.00Fiscal year 2022Cash3.7Total debt10.8Net cash (debt)−7.1Shareholders’ equity318.3Debt to equity0.03Fiscal year 2023Cash4.1Total debt0.0Net cash (debt)4.1Shareholders’ equity340.4Debt to equity0.00Fiscal year 2024Cash5.0Total debt14.5Net cash (debt)−9.5Shareholders’ equity374.0Debt to equity0.04Fiscal year 2025Cash2.3Total debt11.5Net cash (debt)−9.2Shareholders’ equity394.8Debt to equity0.03
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 21.8 43.6 6.7 31.0 37.9 3.0 3.7 4.1 5.0 2.3
Total debt n/a n/a n/a 0.0 13.6 0.0 10.8 0.0 14.5 11.5
Net cash (debt) n/a n/a n/a 31.0 24.3 3.0 −7.1 4.1 −9.5 −9.2
Shareholders’ equity 209.2 200.3 218.6 248.2 269.6 283.4 318.3 340.4 374.0 394.8
Debt to equity n/a n/a n/a 0.00 0.05 0.00 0.03 0.00 0.04 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
149.4 132.8 172.1 279.3 285.9 333.3 457.7 444.4 492.5 526.0
Growth −11.1% +29.6% +62.3% +2.4% +16.6% +37.3% −2.9% +10.8% +6.8%
149.7 127.0 160.1 232.1 235.4 289.1 371.8 366.7 397.1 422.4
0.1 5.8 12.1 47.2 50.5 44.3 85.9 77.6 95.4 103.6
Growth +8,985.9% +108.0% +290.1% +7.1% −12.4% +94.0% −9.6% +22.9% +8.6%
16.9 14.1 16.7 18.5 25.0 28.2 41.0 43.8 47.2 52.8
−10.0 −9.2 −3.0 28.7 25.6 16.0 44.8 33.9 48.2 50.9
Growth −10.9% −37.3% +179.6% −24.5% +42.5% +5.4%
−10.8 −9.5 17.1 32.6 25.6 15.2 41.4 29.3 42.4 46.5
−4.1 −1.1 −3.3 4.7 6.6 3.6 10.2 8.2 8.2 11.1
−9.3 −10.2 20.3 27.9 19.1 11.5 31.1 21.1 34.2 35.4
Growth +37.4% −31.7% −39.5% +170.3% −32.4% +62.3% +3.5%
Per share
−0.97 −1.06 2.09 2.86 1.95 1.17 3.14 2.11 3.45 3.62
−0.97 −1.06 2.09 2.85 1.93 1.16 3.11 2.09 3.40 3.56
Growth +36.4% −32.3% −39.9% +168.1% −32.8% +62.7% +4.7%
9.6 9.6 9.7 9.7 9.8 9.9 9.9 10.0 9.9 9.8
9.6 9.6 9.7 9.8 9.9 9.9 10.0 10.1 10.1 9.9
Growth +0.3% +1.2% +0.5% +1.0% +0.6% +0.8% +0.7% −0.1% −1.3%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 13.0% a year over five years, and earnings per share grew 13.0% a year.
  • The share count barely moved in five years.
  • Operating margin is flat at 9.7%.
  • A net loss in 2 of 10 years on file.