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Natl Presto Inds Financials

NPK
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Natl Presto Inds (NPK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NPK FY2025

Working-capital expansion turned a profitable manufacturing business into a cash user as higher sales arrived with thinner margins.

Revenue reached $503.5M while operating cash flow was -$9.1M; earnings and cash stopped moving together despite the company remaining profitable. Because inventory and receivables kept rising, the sales surge was financed through working capital, which means more cash was tied up carrying and waiting to collect product rather than being freed by higher volume.

Gross margin fell from 20.2% to 16.0%, so the latest sales growth added far less profit per dollar than the prior year. That looks like margin dilution on new volume, with mix shift or input-cost pressure more plausible than the usual manufacturing pattern where scale alone lifts margins.

The balance sheet remains lightly levered at 0.3x debt to equity, and the current ratio of 4.2x says near-term obligations are covered on paper. But liquidity quality weakened because cash fell to $3.3M and a larger share of current assets sat in inventory, which also helps explain the much smaller dividend outflow and the turn to positive financing cash flow.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 56 / 100
Financial Profile 56/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Natl Presto Inds's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability
43

Natl Presto Inds has an operating margin of 8.0%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 43/100, indicating healthy but not exceptional operating efficiency. This is down from 11.7% the prior year.

Growth
69

Natl Presto Inds's revenue surged 29.7% year-over-year to $503.5M, reflecting rapid business expansion. This strong growth earns a score of 69/100.

Leverage
97

Natl Presto Inds carries a low D/E ratio of 0.27, meaning only $0.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
84

With a current ratio of 4.25, Natl Presto Inds holds $4.25 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 84/100.

Cash Flow
11

While Natl Presto Inds generated -$9.1M in operating cash flow, capex of $27.0M consumed most of it, leaving -$36.2M in free cash flow. This results in a low score of 11/100, reflecting heavy capital investment rather than weak cash generation.

Returns
32

Natl Presto Inds's ROE of 8.4% shows moderate profitability relative to equity, earning a score of 32/100. This is down from 11.3% the prior year.

Altman Z-Score Safe
8.92

Natl Presto Inds scores 8.92, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.0B) relative to total liabilities ($105.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Weak
2/9

Natl Presto Inds passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality
-0.28x

For every $1 of reported earnings, Natl Presto Inds generates $-0.28 in operating cash flow (-$9.1M OCF vs $33.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$503.5M
YoY+29.7%
5Y CAGR+7.4%
10Y CAGR+3.5%

Natl Presto Inds generated $503.5M in revenue in fiscal year 2025. This represents an increase of 29.7% from the prior year.

EBITDA
$45.4M
YoY-9.7%
5Y CAGR-5.2%
10Y CAGR-4.4%

Natl Presto Inds's EBITDA was $45.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 9.7% from the prior year.

Net Income
$33.1M
YoY-20.2%
5Y CAGR-6.8%
10Y CAGR-2.0%

Natl Presto Inds reported $33.1M in net income in fiscal year 2025. This represents a decrease of 20.2% from the prior year.

EPS (Diluted)
N/A

Cash & Balance Sheet

Free Cash Flow
-$36.2M
YoY+40.7%

Natl Presto Inds generated -$36.2M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 40.7% from the prior year.

Cash & Debt
$3.3M
YoY-81.6%
5Y CAGR-48.1%
10Y CAGR-24.8%

Natl Presto Inds held $3.3M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
7M
YoY+0.2%
5Y CAGR+0.3%
10Y CAGR+0.3%

Natl Presto Inds had 7M shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin
16.0%
YoY-4.3pp
5Y CAGR-8.1pp
10Y CAGR-9.2pp

Natl Presto Inds's gross margin was 16.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 4.3 percentage points from the prior year.

Operating Margin
8.0%
YoY-3.7pp
5Y CAGR-7.9pp
10Y CAGR-9.6pp

Natl Presto Inds's operating margin was 8.0% in fiscal year 2025, reflecting core business profitability. This is down 3.7 percentage points from the prior year.

Net Margin
6.6%
YoY-4.1pp
5Y CAGR-6.8pp
10Y CAGR-4.8pp

Natl Presto Inds's net profit margin was 6.6% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.1 percentage points from the prior year.

Return on Equity
8.4%
YoY-2.9pp
5Y CAGR-4.2pp
10Y CAGR-3.6pp

Natl Presto Inds's ROE was 8.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.9 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
$27.0M
YoY+259.0%
5Y CAGR+59.5%
10Y CAGR+15.4%

Natl Presto Inds invested $27.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 259.0% from the prior year.

NPK Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $164.0M+42.0% $115.5M-4.1% $120.4M+16.2% $103.6M-23.1% $134.7M+46.7% $91.8M+8.0% $85.1M+11.0% $76.7M
Cost of Revenue N/A $99.5M-2.4% $101.9M+19.1% $85.5M N/A $74.6M+6.0% $70.4M+12.0% $62.8M
Gross Profit $27.7M+72.7% $16.0M-13.7% $18.5M+2.4% $18.1M-44.8% $32.8M+90.4% $17.2M+17.2% $14.7M+6.1% $13.9M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A $9.2M-1.6% $9.4M+8.2% $8.7M N/A $7.6M-4.2% $8.0M+10.6% $7.2M
Operating Income N/A $6.4M+5.2% $6.1M-32.8% $9.1M N/A $9.2M+45.0% $6.4M+1.3% $6.3M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A $1.5M+5.6% $1.5M-33.5% $2.2M N/A $2.3M+29.5% $1.8M-0.8% $1.8M
Net Income $15.0M+182.2% $5.3M+3.2% $5.2M-32.3% $7.6M-63.3% $20.7M+156.5% $8.1M+33.0% $6.1M-7.5% $6.6M
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

NPK Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $500.7M-0.6% $503.8M+6.8% $471.9M+3.6% $455.3M+0.4% $453.4M+5.7% $428.9M+2.6% $418.1M+0.2% $417.5M
Current Assets $403.1M+1.2% $398.4M+9.1% $365.1M+5.2% $347.0M-5.4% $366.7M+5.1% $349.0M+2.8% $339.6M+0.4% $338.3M
Cash & Equivalents $3.3M+55.7% $2.1M+18.9% $1.8M+72.6% $1.0M-94.2% $17.7M+8.2% $16.3M-49.9% $32.6M-48.7% $63.5M
Inventory $307.0M-5.9% $326.3M+9.1% $299.0M+3.9% $287.6M+3.5% $278.0M+5.5% $263.6M+15.6% $228.1M+11.8% $204.0M
Accounts Receivable $85.0M N/A N/A N/A $62.3M N/A N/A N/A
Goodwill $19.4M0.0% $19.4M0.0% $19.4M0.0% $19.4M0.0% $19.4M0.0% $19.4M0.0% $19.4M0.0% $19.4M
Total Liabilities $105.6M-14.9% $124.1M+26.9% $97.8M+12.8% $86.7M+1.1% $85.8M+4.2% $82.3M+2.9% $80.0M-6.8% $85.8M
Current Liabilities $95.0M-16.0% $113.0M+30.3% $86.7M+14.8% $75.5M+1.4% $74.4M+5.6% $70.5M+3.6% $68.0M-7.7% $73.7M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $395.1M+4.0% $379.8M+1.5% $374.1M+1.5% $368.6M+0.3% $367.6M+6.1% $346.6M+2.5% $338.1M+1.9% $331.6M
Retained Earnings $379.6M+4.1% $364.6M+1.5% $359.3M+1.5% $354.1M+0.1% $353.7M+6.2% $332.9M+2.5% $324.9M+1.9% $318.8M

NPK Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $13.9M+156.6% -$24.6M-125.3% -$10.9M-187.6% $12.5M+263.2% -$7.6M+56.3% -$17.5M+48.5% -$33.9M-710.0% $5.6M
Capital Expenditures $1.5M+1295.3% $106K-95.7% $2.5M-89.3% $23.0M+528.3% $3.7M+29.4% $2.8M+271.4% $761K+95.6% $389K
Free Cash Flow $12.4M+150.4% -$24.7M-84.6% -$13.4M-27.2% -$10.5M+6.8% -$11.3M+44.4% -$20.3M+41.4% -$34.6M-770.6% $5.2M
Investing Cash Flow $522K-21.4% $664K+167.8% -$979K+95.6% -$22.1M-345.8% $9.0M+634.6% $1.2M-57.7% $2.9M+54.7% $1.9M
Financing Cash Flow -$13.3M-154.7% $24.3M+92.0% $12.6M+279.9% -$7.0M-41205.9% -$17K $0-100.0% $18K+100.1% -$31.5M
Dividends Paid $0 $0 $0-100.0% $7.1M $0 $0 $0-100.0% $32.0M
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

NPK Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 16.9%+3.0pp 13.9%-1.5pp 15.4%-2.1pp 17.5%-6.9pp 24.3%+5.6pp 18.8%+1.5pp 17.3%-0.8pp 18.1%
Operating Margin N/A 5.5%+0.5pp 5.1%-3.7pp 8.8% N/A 10.0%+2.6pp 7.5%-0.7pp 8.2%
Net Margin 9.2%+4.5pp 4.6%+0.3pp 4.3%-3.1pp 7.3%-8.1pp 15.4%+6.6pp 8.8%+1.7pp 7.1%-1.4pp 8.6%
Return on Equity 3.8%+2.4pp 1.4%+0.0pp 1.4%-0.7pp 2.1%-3.6pp 5.6%+3.3pp 2.3%+0.5pp 1.8%-0.2pp 2.0%
Return on Assets 3.0%+1.9pp 1.1%-0.0pp 1.1%-0.6pp 1.7%-2.9pp 4.6%+2.7pp 1.9%+0.4pp 1.5%-0.1pp 1.6%
Current Ratio 4.25+0.7 3.53-0.7 4.21-0.4 4.60-0.3 4.93-0.0 4.95-0.0 4.99+0.4 4.59
Debt-to-Equity 0.27-0.1 0.33+0.1 0.26+0.0 0.240.0 0.230.0 0.240.0 0.24-0.0 0.26
FCF Margin 7.6%+29.0pp -21.4%-10.3pp -11.1%-1.0pp -10.2%-1.8pp -8.4%+13.7pp -22.1%+18.6pp -40.7%-47.5pp 6.7%

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Frequently Asked Questions

Natl Presto Inds (NPK) reported $503.5M in total revenue for fiscal year 2025. This represents a 29.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Natl Presto Inds (NPK) revenue grew by 29.7% year-over-year, from $388.2M to $503.5M in fiscal year 2025.

Yes, Natl Presto Inds (NPK) reported a net income of $33.1M in fiscal year 2025, with a net profit margin of 6.6%.

Natl Presto Inds (NPK) had EBITDA of $45.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Natl Presto Inds (NPK) had a gross margin of 16.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Natl Presto Inds (NPK) had an operating margin of 8.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Natl Presto Inds (NPK) had a net profit margin of 6.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Natl Presto Inds (NPK) has a return on equity of 8.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Natl Presto Inds (NPK) generated -$36.2M in free cash flow during fiscal year 2025. This represents a 40.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Natl Presto Inds (NPK) generated -$9.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Natl Presto Inds (NPK) had $500.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Natl Presto Inds (NPK) invested $27.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Natl Presto Inds (NPK) had 7M shares outstanding as of fiscal year 2025.

Natl Presto Inds (NPK) had a current ratio of 4.25 as of fiscal year 2025, which is generally considered healthy.

Natl Presto Inds (NPK) had a debt-to-equity ratio of 0.27 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Natl Presto Inds (NPK) had a return on assets of 6.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Natl Presto Inds (NPK) had $3.3M in cash against an annual operating cash burn of $9.1M. This gives an estimated cash runway of approximately 4 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Natl Presto Inds (NPK) has an Altman Z-Score of 8.92, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Natl Presto Inds (NPK) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Natl Presto Inds (NPK) has an earnings quality ratio of -0.28x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Natl Presto Inds (NPK) scores 56 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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