NPK International Inc Financials

NPKI

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows NPK International Inc (NPKI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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).

Financial Health Signals

Financial Profile 60/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability

NPK International Inc has an operating margin of 14.9%, meaning the company retains $15 of operating profit per $100 of revenue. This strong profitability earns a score of 74/100, reflecting efficient cost management and pricing power. This is up from 11.1% the prior year.

Growth

NPK International Inc's revenue grew a modest 4.7% year-over-year to $217.5M. This slow but positive growth earns a score of 42/100.

Leverage

100

NPK International Inc carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.53, NPK International Inc holds $2.53 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 81/100.

Cash Flow

While NPK International Inc generated $38.2M in operating cash flow, capex of $43.5M consumed most of it, leaving -$5.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Altman Z-Score Safe

11.57

NPK International Inc scores 11.57, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.2B) relative to total liabilities ($67.2M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral

6/9

NPK International Inc passes 6 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.25x

For every $1 of reported earnings, NPK International Inc generates $-0.25 in operating cash flow ($38.2M OCF vs -$150.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$217.5M

YoY+4.7%

5Y CAGR-23.3%

10Y CAGR-15.1%

NPK International Inc generated $217.5M in revenue in fiscal year 2024. This represents an increase of 4.7% from the prior year.

EBITDA

$59.9M

YoY+10.3%

5Y CAGR+0.8%

10Y CAGR-10.0%

NPK International Inc's EBITDA was $59.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.3% from the prior year.

Free Cash Flow

-$5.4M

YoY-107.6%

NPK International Inc generated -$5.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 107.6% from the prior year.

Net Income

-$150.3M

YoY-1135.1%

NPK International Inc reported -$150.3M in net income in fiscal year 2024. This represents a decrease of 1135.1% from the prior year.

EPS (Diluted)

$-1.72

YoY-1175.0%

NPK International Inc earned $-1.72 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 1175.0% from the prior year.

Cash & Debt

$17.8M

YoY+2150.4%

5Y CAGR-18.3%

10Y CAGR-14.5%

NPK International Inc held $17.8M in cash against $4.8M in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

112M

YoY+0.0%

5Y CAGR+0.9%

10Y CAGR+1.2%

NPK International Inc had 112M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Gross Margin

35.5%

YoY+0.5pp

5Y CAGR+19.0pp

10Y CAGR+13.9pp

NPK International Inc's gross margin was 35.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 0.5 percentage points from the prior year.

Operating Margin

14.9%

YoY+3.8pp

5Y CAGR+13.6pp

10Y CAGR+3.2pp

NPK International Inc's operating margin was 14.9% in fiscal year 2024, reflecting core business profitability. This is up 3.8 percentage points from the prior year.

Net Margin

-69.1%

YoY-76.1pp

5Y CAGR-67.5pp

10Y CAGR-78.2pp

NPK International Inc's net profit margin was -69.1% in fiscal year 2024, showing the share of revenue converted to profit. This is down 76.1 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$4.5M

YoY-86.9%

5Y CAGR-27.0%

10Y CAGR-21.9%

NPK International Inc spent $4.5M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 86.9% from the prior year.

Capital Expenditures

$43.5M

YoY+48.9%

5Y CAGR-0.6%

10Y CAGR-8.6%

NPK International Inc invested $43.5M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 48.9% from the prior year.

NPKI Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$217.5M+4.7%	$207.6M+7.6%	$193.0M-68.6%	$614.8M+24.8%	$492.6M-39.9%	$820.1M
Cost of Revenue	$140.4M+3.9%	$135.1M+1.6%	$133.0M-74.9%	$529.6M+11.9%	$473.3M-30.9%	$684.7M
Gross Profit	$77.1M+6.3%	$72.6M+20.9%	$60.0M-29.6%	$85.2M+340.1%	$19.4M-85.7%	$135.4M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$46.0M-9.9%	$51.1M+4.7%	$48.8M-48.4%	$94.4M+9.1%	$86.6M-23.6%	$113.4M
Operating Income	$32.4M+41.0%	$22.9M+251.2%	$6.5M+174.0%	-$8.8M+88.8%	-$78.6M-856.5%	$10.4M
Interest Expense	N/A	$8.2M+17.1%	$7.0M-20.5%	$8.8M-20.0%	$11.0M-23.6%	$14.4M
Income Tax	-$6.7M-220.9%	$5.6M+503.1%	$924K-87.3%	$7.3M+161.4%	-$11.9M-221.4%	$9.8M
Net Income	-$150.3M-1135.1%	$14.5M+169.7%	-$20.8M+18.4%	-$25.5M+68.4%	-$80.7M-523.3%	-$12.9M
EPS (Diluted)	$-1.72-1175.0%	$0.16+172.7%	$-0.22+21.4%	$-0.28+68.5%	$-0.89-535.7%	$-0.14

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q4'23	Q2'24	Q1'24	Q4'22
Revenue	$68.8M+0.9%	$68.2M+5.3%	$64.8M+46.5%	$44.2M	N/A	$183.3M-8.4%	$200.0M	N/A
Cost of Revenue	$46.9M+8.9%	$43.1M+8.9%	$39.5M+23.3%	$32.1M	N/A	$150.2M-8.8%	$164.7M	N/A
Gross Profit	$22.0M-12.8%	$25.2M-0.3%	$25.3M+108.0%	$12.1M	N/A	$33.1M-6.3%	$35.3M	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$13.3M-2.8%	$13.7M+16.3%	$11.7M+6.7%	$11.0M	N/A	$25.6M+0.7%	$25.4M	N/A
Operating Income	$9.1M-22.1%	$11.6M-14.0%	$13.5M+996.3%	$1.2M	N/A	$5.9M-42.0%	$10.1M	N/A
Interest Expense	N/A	N/A	-$1.8M+13.7%	-$2.0M	N/A	-$2.1M-2.7%	-$2.1M	N/A
Income Tax	$3.0M-13.3%	$3.5M-1.3%	$3.5M+125.1%	-$14.0M	N/A	$2.1M+0.8%	$2.1M	N/A
Net Income	$5.7M-34.8%	$8.7M-13.2%	$10.0M+105.7%	-$174.3M	N/A	$1.7M-69.7%	$5.6M	N/A
EPS (Diluted)	$0.07-30.0%	$0.10-9.1%	$0.11+105.5%	$-1.99	N/A	$0.02-66.7%	$0.06	N/A

NPKI Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$393.7M-38.7%	$642.3M-10.1%	$714.9M-5.0%	$752.9M+6.2%	$709.2M-21.2%	$900.1M
Current Assets	$113.0M-68.4%	$357.2M-16.1%	$426.0M+9.6%	$388.5M+18.4%	$328.2M-31.5%	$478.8M
Cash & Equivalents	$17.8M+2150.4%	$789K+817.4%	$86K-99.6%	$24.1M-0.5%	$24.2M-50.3%	$48.7M
Inventory	$14.7M-21.2%	$18.6M-87.6%	$149.6M-3.7%	$155.3M+5.1%	$147.9M-24.9%	$196.9M
Accounts Receivable	$45.9M+12.2%	$40.9M-81.7%	$222.9M+23.5%	$180.5M+40.2%	$128.7M-36.1%	$201.5M
Goodwill	$47.2M-0.1%	$47.3M+0.4%	$47.1M-0.4%	$47.3M+11.4%	$42.4M+0.3%	$42.3M
Total Liabilities	$67.2M-70.4%	$227.0M-22.2%	$291.8M+0.5%	$290.5M+31.4%	$221.2M-37.1%	$351.4M
Current Liabilities	$44.7M-67.2%	$136.3M-16.4%	$162.9M+8.3%	$150.4M-2.1%	$153.7M+19.2%	$128.9M
Long-Term Debt	$4.8M-91.3%	$55.7M-39.2%	$91.7M-4.1%	$95.6M+385.5%	$19.7M-87.2%	$153.5M
Total Equity	$326.5M-21.4%	$415.4M-1.8%	$423.0M-8.5%	$462.4M-5.3%	$488.0M-11.0%	$548.6M
Retained Earnings	-$139.5M-1394.6%	$10.8M+332.8%	$2.5M-89.8%	$24.3M-52.2%	$50.9M-62.0%	$134.1M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q4'23	Q2'24	Q1'24	Q4'22
Total Assets	$404.5M+2.7%	$393.7M+0.9%	$390.0M+0.1%	$389.6M-39.3%	$642.3M-3.4%	$665.0M-2.9%	$684.9M-4.2%	$714.9M
Current Assets	$107.8M+5.3%	$102.4M-2.6%	$105.1M-10.2%	$117.0M-67.3%	$357.2M-5.3%	$377.1M-4.8%	$396.3M-7.0%	$426.0M
Cash & Equivalents	$35.6M+37.0%	$26.0M+24.9%	$20.8M-51.4%	$42.9M+5338.1%	$789K-96.5%	$22.4M-5.4%	$23.6M+27362.8%	$86K
Inventory	$9.7M-12.8%	$11.1M+15.7%	$9.6M-35.8%	$14.9M-19.9%	$18.6M-87.4%	$147.1M-1.9%	$150.0M+0.3%	$149.6M
Accounts Receivable	$49.3M-7.1%	$53.1M-5.5%	$56.1M+77.2%	$31.7M-22.5%	$40.9M-77.8%	$184.2M-6.6%	$197.1M-11.6%	$222.9M
Goodwill	$47.5M-0.2%	$47.6M+0.5%	$47.3M-0.3%	$47.5M+0.4%	$47.3M0.0%	$47.3M+0.2%	$47.2M+0.1%	$47.1M
Total Liabilities	$70.5M+8.8%	$64.8M+2.7%	$63.1M-13.7%	$73.2M-67.8%	$227.0M-9.5%	$250.8M-6.3%	$267.6M-8.3%	$291.8M
Current Liabilities	$49.0M+11.8%	$43.8M+8.6%	$40.4M-21.1%	$51.2M-62.5%	$136.3M-2.9%	$140.4M-8.5%	$153.5M-5.8%	$162.9M
Long-Term Debt	$5.9M0.0%	$5.9M+17.7%	$5.0M-8.8%	$5.5M-90.1%	$55.7M-27.1%	$76.5M-2.0%	$78.0M-14.9%	$91.7M
Total Equity	$333.9M+1.5%	$328.8M+0.6%	$326.9M+3.3%	$316.5M-23.8%	$415.4M+0.3%	$414.1M-0.7%	$417.2M-1.4%	$423.0M
Retained Earnings	-$115.1M+4.7%	-$120.8M+6.7%	-$129.5M+12.6%	-$148.2M-1475.3%	$10.8M+176.0%	$3.9M-51.9%	$8.1M+225.8%	$2.5M

NPKI Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$38.2M-61.8%	$100.0M+499.7%	-$25.0M-730.4%	-$3.0M-105.4%	$55.8M-22.8%	$72.3M
Capital Expenditures	$43.5M+48.9%	$29.2M+3.4%	$28.3M+29.7%	$21.8M+38.0%	$15.8M-64.8%	$44.8M
Free Cash Flow	-$5.4M-107.6%	$70.8M+232.8%	-$53.3M-114.8%	-$24.8M-162.0%	$40.0M+45.5%	$27.5M
Investing Cash Flow	$8.3M+245.2%	-$5.7M-112.3%	$46.2M+364.5%	-$17.5M-414.7%	-$3.4M+93.2%	-$49.8M
Financing Cash Flow	-$66.9M+17.5%	-$81.0M-225.1%	-$24.9M-216.5%	$21.4M+127.5%	-$77.9M-164.0%	-$29.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$4.5M-86.9%	$34.3M+69.2%	$20.2M+1298.3%	$1.4M+334.8%	$333K-98.5%	$21.7M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q4'23	Q2'24	Q1'24	Q4'22
Operating Cash Flow	$24.7M+15.3%	$21.4M+142.9%	$8.8M+219.3%	$2.8M-92.4%	$36.2M+388.4%	$7.4M-74.9%	$29.4M+858.5%	$3.1M
Capital Expenditures	$12.7M+8.7%	$11.7M+16.8%	$10.0M+5.7%	$9.5M+4.1%	$9.1M+8.6%	$8.4M+20.1%	$7.0M-33.9%	$10.6M
Free Cash Flow	$12.0M+23.1%	$9.7M+923.8%	-$1.2M+82.4%	-$6.7M-124.8%	$27.1M+2886.9%	-$971K-104.3%	$22.5M+400.4%	-$7.5M
Investing Cash Flow	-$12.2M-96.1%	-$6.2M-215.0%	$5.4M-86.5%	$40.2M+610.9%	-$7.9M-290.8%	$4.1M+347.6%	$921K-98.5%	$61.5M
Financing Cash Flow	-$2.9M+71.8%	-$10.1M+13.3%	-$11.7M+67.4%	-$35.8M-89.8%	-$18.9M-48.2%	-$12.7M+57.9%	-$30.3M+53.3%	-$64.8M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$3.4M-59.9%	$8.5M-21.5%	$10.8M+6184.9%	$172K-97.2%	$6.0M-13.2%	$7.0M-53.6%	$15.0M-14.9%	$17.6M

NPKI Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	35.5%+0.5pp	34.9%+3.9pp	31.1%+17.2pp	13.9%+9.9pp	3.9%-12.6pp	16.5%
Operating Margin	14.9%+3.8pp	11.1%+7.7pp	3.4%+4.8pp	-1.4%+14.5pp	-16.0%-17.2pp	1.3%
Net Margin	-69.1%-76.1pp	7.0%+17.8pp	-10.8%-6.7pp	-4.2%+12.2pp	-16.4%-14.8pp	-1.6%
Return on Equity	N/A	3.5%	N/A	N/A	N/A	N/A
Return on Assets	-38.2%-40.4pp	2.3%+5.2pp	-2.9%+0.5pp	-3.4%+8.0pp	-11.4%-9.9pp	-1.4%
Current Ratio	2.53-0.1	2.620.0	2.61+0.0	2.58+0.4	2.14-1.6	3.72
Debt-to-Equity	0.01-0.1	0.13-0.1	0.22+0.0	0.21+0.2	0.04-0.2	0.28
FCF Margin	-2.5%-36.5pp	34.1%+61.7pp	-27.6%-23.6pp	-4.0%-12.2pp	8.1%+4.8pp	3.4%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q4'23	Q2'24	Q1'24	Q4'22
Gross Margin	31.9%-5.0pp	36.9%-2.1pp	39.0%+11.5pp	27.5%	N/A	18.1%+0.4pp	17.6%	N/A
Operating Margin	13.2%-3.9pp	17.0%-3.8pp	20.9%+18.1pp	2.8%	N/A	3.2%-1.9pp	5.1%	N/A
Net Margin	8.2%-4.5pp	12.7%-2.7pp	15.4%+409.7pp	-394.3%	N/A	0.9%-1.9pp	2.8%	N/A
Return on Equity	1.7%-1.0pp	2.6%-0.4pp	3.1%+1.2pp	1.8%	N/A	0.4%-0.9pp	1.4%	N/A
Return on Assets	1.4%-0.8pp	2.2%-0.4pp	2.6%+47.3pp	-44.7%	N/A	0.3%-0.6pp	0.8%	N/A
Current Ratio	2.20-0.1	2.34-0.3	2.60+0.3	2.29-0.3	2.62-0.1	2.69+0.1	2.58-0.0	2.61
Debt-to-Equity	0.020.0	0.020.0	0.020.0	0.02-0.1	0.13-0.1	0.180.0	0.19-0.0	0.22
FCF Margin	17.4%+3.2pp	14.3%+16.1pp	-1.8%+13.3pp	-15.2%	N/A	-0.5%-11.8pp	11.2%	N/A

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Frequently Asked Questions

What is NPK International Inc's annual revenue?

NPK International Inc (NPKI) reported $217.5M in total revenue for fiscal year 2024. This represents a 4.7% 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.

How fast is NPK International Inc's revenue growing?

NPK International Inc (NPKI) revenue grew by 4.7% year-over-year, from $207.6M to $217.5M in fiscal year 2024.

Is NPK International Inc profitable?

No, NPK International Inc (NPKI) reported a net income of -$150.3M in fiscal year 2024, with a net profit margin of -69.1%.

What is NPK International Inc's earnings per share (EPS)?

NPK International Inc (NPKI) reported diluted earnings per share of $-1.72 for fiscal year 2024. This represents a -1175.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is NPK International Inc's EBITDA?

NPK International Inc (NPKI) had EBITDA of $59.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does NPK International Inc have?

As of fiscal year 2024, NPK International Inc (NPKI) had $17.8M in cash and equivalents against $4.8M in long-term debt.

What is NPK International Inc's gross margin?

NPK International Inc (NPKI) had a gross margin of 35.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is NPK International Inc's operating margin?

NPK International Inc (NPKI) had an operating margin of 14.9% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is NPK International Inc's net profit margin?

NPK International Inc (NPKI) had a net profit margin of -69.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is NPK International Inc's free cash flow?

NPK International Inc (NPKI) generated -$5.4M in free cash flow during fiscal year 2024. This represents a -107.6% 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.

What is NPK International Inc's operating cash flow?

NPK International Inc (NPKI) generated $38.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are NPK International Inc's total assets?

NPK International Inc (NPKI) had $393.7M in total assets as of fiscal year 2024, including both current and long-term assets.

What are NPK International Inc's capital expenditures?

NPK International Inc (NPKI) invested $43.5M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does NPK International Inc buy back shares?

Yes, NPK International Inc (NPKI) spent $4.5M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does NPK International Inc have outstanding?

NPK International Inc (NPKI) had 112M shares outstanding as of fiscal year 2024.

What is NPK International Inc's current ratio?

NPK International Inc (NPKI) had a current ratio of 2.53 as of fiscal year 2024, which is generally considered healthy.

What is NPK International Inc's debt-to-equity ratio?

NPK International Inc (NPKI) had a debt-to-equity ratio of 0.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is NPK International Inc's return on assets (ROA)?

NPK International Inc (NPKI) had a return on assets of -38.2% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is NPK International Inc's Altman Z-Score?

NPK International Inc (NPKI) has an Altman Z-Score of 11.57, 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.

What is NPK International Inc's Piotroski F-Score?

NPK International Inc (NPKI) has a Piotroski F-Score of 6 out of 9, indicating neutral 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are NPK International Inc's earnings high quality?

NPK International Inc (NPKI) has an earnings quality ratio of -0.25x, considered mixed quality. 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.

How financially healthy is NPK International Inc?

NPK International Inc (NPKI) scores 60 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.