Northwest Pipe Company | Small-cap | Basic Materials
$50.62
-2.93%
| Northwest Pipe Stock Comparison:
Northwest Pipe vs NucorNorthwest Pipe vs ArcelorMittal S.ANorthwest Pipe vs Worthington SteelNorthwest Pipe vs Radius RecyclingNorthwest Pipe vs MetallusNorthwest Pipe vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 133.2M
Gross Profit 25.4M 19.05%
Operating Income 13.2M 9.94%
Net Income 9.1M 6.80%
EPS (Diluted) $0.91

Balance Sheet Metrics

Total Assets 582.2M
Total Liabilities 203.8M
Shareholders Equity 378.5M
Debt to Equity 0.54

Cash Flow Metrics

Operating Cash Flow 10.2M
Free Cash Flow 1.2M

Revenue & Profitability Trend

Northwest Pipe Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i492.5M444.4M457.7M333.3M285.9M
Cost of Goods Sold i397.1M366.7M371.8M289.1M235.4M
Gross Profit i95.4M77.6M85.9M44.3M50.5M
Gross Margin % i19.4%17.5%18.8%13.3%17.7%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i47.2M43.8M41.0M28.2M25.0M
Other Operating Expenses i-----
Total Operating Expenses i47.2M43.8M41.0M28.2M25.0M
Operating Income i48.2M33.9M44.8M16.0M25.6M
Operating Margin % i9.8%7.6%9.8%4.8%8.9%
Non-Operating Items
Interest Income i---049.0K
Interest Expense i5.7M4.9M3.6M1.2M933.0K
Other Non-Operating Income-213.0K276.0K97.0K328.0K1.0M
Pre-tax Income i42.4M29.3M41.4M15.2M25.6M
Income Tax i8.2M8.2M10.2M3.6M6.6M
Effective Tax Rate % i19.3%28.0%24.7%24.0%25.7%
Net Income i34.2M21.1M31.1M11.5M19.0M
Net Margin % i6.9%4.7%6.8%3.5%6.7%
Key Metrics
EBITDA i67.1M49.9M62.0M30.0M41.1M
EPS (Basic) i$3.45$2.11$3.14$1.17$1.95
EPS (Diluted) i$3.40$2.09$3.11$1.16$1.93
Basic Shares Outstanding i99160009991000991400098540009788000
Diluted Shares Outstanding i99160009991000991400098540009788000

Income Statement Trend

Northwest Pipe Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i5.0M4.1M3.7M3.0M37.9M
Short-term Investments i-----
Accounts Receivable i66.9M47.6M71.6M52.7M42.7M
Inventory i79.8M91.2M71.0M59.7M29.2M
Other Current Assets7.3M9.0M10.7M5.7M5.2M
Total Current Assets i262.5M272.5M278.7M228.2M192.0M
Non-Current Assets
Property, Plant & Equipment i96.6M96.7M97.0M101.3M33.4M
Goodwill i138.0M142.1M146.3M146.7M56.5M
Intangible Assets i27.0M31.1M35.3M39.4M10.5M
Long-term Investments-----
Other Non-Current Assets6.4M6.7M5.5M6.6M6.6M
Total Non-Current Assets i327.2M325.4M322.6M319.5M181.1M
Total Assets i589.7M597.9M601.3M547.7M373.0M
Liabilities
Current Liabilities
Accounts Payable i27.8M31.1M27.0M32.3M13.0M
Short-term Debt i8.0M15.7M15.5M4.7M10.3M
Current Portion of Long-term Debt-----
Other Current Liabilities---661.0K1.2M
Total Current Liabilities i75.1M96.2M90.8M64.1M45.9M
Non-Current Liabilities
Long-term Debt i121.9M139.8M173.2M180.5M33.8M
Deferred Tax Liabilities i8.3M10.9M11.4M11.0M12.5M
Other Non-Current Liabilities10.3M10.6M7.7M8.7M11.2M
Total Non-Current Liabilities i140.5M161.3M192.2M200.2M57.5M
Total Liabilities i215.6M257.5M283.1M264.3M103.4M
Equity
Common Stock i99.0K100.0K99.0K99.0K98.0K
Retained Earnings i246.3M212.1M191.1M159.9M148.4M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i374.0M340.4M318.3M283.4M269.6M
Key Metrics
Total Debt i129.9M155.5M188.6M185.2M44.1M
Working Capital i187.4M176.3M187.9M164.1M146.1M

Balance Sheet Composition

Northwest Pipe Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i34.2M21.1M31.1M11.5M19.0M
Depreciation & Amortization i19.1M15.8M17.1M13.6M14.6M
Stock-Based Compensation i5.1M3.7M3.7M3.2M3.1M
Working Capital Changes i-5.1M13.5M-36.3M-34.2M13.3M
Operating Cash Flow i49.3M55.0M15.9M-5.5M53.7M
Investing Activities
Capital Expenditures i-20.8M-18.3M-22.8M-13.3M-14.0M
Acquisitions i0-2.7M0-87.2M-48.7M
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-20.7M-20.4M-22.7M-100.2M-61.1M
Financing Activities
Share Repurchases i-4.4M-707.0K00-
Dividends Paid i-----
Debt Issuance i175.6M155.4M188.4M122.3M57.3M
Debt Repayment i-203.1M-185.4M-181.3M-49.7M-43.9M
Financing Cash Flow i-33.4M-32.7M6.2M157.8M12.3M
Free Cash Flow i34.3M35.2M-5.6M-19.1M41.7M
Net Change in Cash i-4.8M1.9M-672.0K52.2M4.8M

Cash Flow Trend

Northwest Pipe Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 15.71
Forward P/E 14.94
Price to Book 1.35
Price to Sales 1.01
PEG Ratio 3.42

Profitability Ratios

Profit Margin 6.69%
Operating Margin 9.94%
Return on Equity 9.14%
Return on Assets 4.57%

Financial Health

Current Ratio 3.95
Debt to Equity 37.54
Beta 0.89

Per Share Data

EPS (TTM) $3.32
Book Value per Share $38.64
Revenue per Share $50.35

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
nwpx503.4M15.711.359.14%6.69%37.54
Nucor 32.3B24.781.557.30%4.21%32.02
ArcelorMittal S.A 26.0B21.320.502.25%1.98%22.60
Worthington Steel 1.6B13.451.4210.16%3.80%25.04
Radius Recycling 847.7M-3.201.61-40.83%-10.37%103.27
Metallus 715.7M427.671.02-3.13%-2.12%2.32

Financial data is updated regularly. All figures are in the company's reporting currency.