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NPK International Inc Financials

NPKI
Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 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 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 NPKI FY2025

NPK’s core operating engine now funds heavy reinvestment and buybacks, leaving little reliance on debt but also little idle cash.

Between FY2024 and FY2025, operating cash flow rose from $38.2M to $73.0M. Over the same span, reported earnings swung from a -$150.3M loss to a $38.9M profit, suggesting FY2024’s loss came more from below-operating or non-cash items than from a broken core business; the business was still producing cash before accounting profit normalized.

FY2025 revenue reached $277.0M and operating margin reached 16.9%, the strongest pairing of scale and profitability in the last three valid years. Because gross margin also improved while SG&A grew more slowly, the margin step-up looks like fixed-cost absorption and cost discipline, meaning more of each incremental sale is reaching operating profit.

By FY2025, leverage remained modest, with total liabilities of $90.6M against equity of $351.2M. But cash ended at only $5.1M and the current ratio was 1.4x, because much of the year’s cash generation was redirected into capital spending and buybacks instead of sitting on the balance sheet, making the company solvent without being cash-rich.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 49 / 100
Financial Profile 49/100

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 NPK International Inc'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
56

NPK International Inc has an operating margin of 16.9%, meaning the company retains $17 of operating profit per $100 of revenue. This results in a moderate score of 56/100, indicating healthy but not exceptional operating efficiency. This is up from 14.9% the prior year.

Growth
59

NPK International Inc's revenue surged 27.4% year-over-year to $277.0M, reflecting rapid business expansion. This strong growth earns a score of 59/100.

Leverage
100

NPK International Inc carries a low D/E ratio of 0.03, meaning only $0.03 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
24

NPK International Inc's current ratio of 1.43 is below the typical benchmark, resulting in a score of 24/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow
52

NPK International Inc has a free cash flow margin of 9.5%, earning a moderate score of 52/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
0

NPK International Inc generates a 11.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -46.0% the prior year.

Altman Z-Score Safe
9.40

NPK International Inc scores 9.40, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.3B) relative to total liabilities ($90.6M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Strong
7/9

NPK International Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed
1.87x

For every $1 of reported earnings, NPK International Inc generates $1.87 in operating cash flow ($73.0M OCF vs $38.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$277.0M
YoY+27.4%
5Y CAGR-10.9%
10Y CAGR-8.5%

NPK International Inc generated $277.0M in revenue in fiscal year 2025. This represents an increase of 27.4% from the prior year.

EBITDA
$72.3M
YoY+20.8%

NPK International Inc's EBITDA was $72.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 20.8% from the prior year.

Net Income
$38.9M
YoY+125.9%

NPK International Inc reported $38.9M in net income in fiscal year 2025. This represents an increase of 125.9% from the prior year.

EPS (Diluted)
$0.45
YoY+126.2%

NPK International Inc earned $0.45 per diluted share (EPS) in fiscal year 2025. This represents an increase of 126.2% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$26.3M
YoY+590.8%
5Y CAGR-8.0%
10Y CAGR-6.6%

NPK International Inc generated $26.3M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 590.8% from the prior year.

Cash & Debt
$5.1M
YoY-71.1%
5Y CAGR-26.6%
10Y CAGR-26.2%

NPK International Inc held $5.1M in cash against $11.7M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
90M
YoY-19.3%
5Y CAGR-3.5%
10Y CAGR-1.0%

NPK International Inc had 90M shares outstanding in fiscal year 2025. This represents a decrease of 19.3% from the prior year.

Margins & Returns

Gross Margin
36.4%
YoY+0.9pp
5Y CAGR+32.4pp
10Y CAGR+24.9pp

NPK International Inc's gross margin was 36.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.9 percentage points from the prior year.

Operating Margin
16.9%
YoY+2.0pp
5Y CAGR+32.9pp
10Y CAGR+31.5pp

NPK International Inc's operating margin was 16.9% in fiscal year 2025, reflecting core business profitability. This is up 2.0 percentage points from the prior year.

Net Margin
14.1%
YoY+83.1pp
5Y CAGR+30.4pp
10Y CAGR+27.5pp

NPK International Inc's net profit margin was 14.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 83.1 percentage points from the prior year.

Return on Equity
11.1%
YoY+57.1pp
5Y CAGR+27.6pp
10Y CAGR+28.5pp

NPK International Inc's ROE was 11.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 57.1 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$22.7M
YoY+403.8%
5Y CAGR+132.6%
10Y CAGR+25.8%

NPK International Inc spent $22.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 403.8% from the prior year.

Capital Expenditures
$46.7M
YoY+7.2%
5Y CAGR+24.2%
10Y CAGR-3.9%

NPK International Inc invested $46.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 7.2% from the prior year.

NPKI Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue $75.1M-0.2% $75.2M+9.2% $68.8M+0.9% $68.2M+5.3% $64.8M+12.6% $57.5M+30.1% $44.2M-33.8% $66.8M
Cost of Revenue $47.9M+2.2% $46.8M-0.1% $46.9M+8.9% $43.1M+8.9% $39.5M+12.9% $35.0M+9.1% $32.1M-23.6% $42.0M
Gross Profit $27.2M-4.1% $28.4M+29.1% $22.0M-12.8% $25.2M-0.3% $25.3M+12.1% $22.5M+85.5% $12.1M-51.1% $24.8M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $13.2M-14.1% $15.4M+15.6% $13.3M-2.8% $13.7M+16.3% $11.7M+9.6% $10.7M-2.7% $11.0M-13.7% $12.8M
Operating Income $14.4M+14.8% $12.6M+38.7% $9.1M-22.1% $11.6M-14.0% $13.5M+16.2% $11.6M+843.6% $1.2M-90.1% $12.5M
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $3.6M+110.4% $1.7M-43.2% $3.0M-13.3% $3.5M-1.3% $3.5M+21.7% $2.9M+120.6% -$14.0M-664.5% $2.5M
Net Income $10.5M-28.4% $14.6M+158.3% $5.7M-34.8% $8.7M-13.2% $10.0M+14.9% $8.7M+105.0% -$174.3M-2267.9% $8.0M
EPS (Diluted) $0.12 N/A $0.07-30.0% $0.10-9.1% $0.11 N/A $-1.99-2311.1% $0.09

NPKI Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $437.9M-0.9% $441.8M+9.2% $404.5M+2.7% $393.7M+0.9% $390.0M-0.9% $393.7M+1.0% $389.6M-37.6% $624.8M
Current Assets $82.3M+1.0% $81.5M-24.4% $107.8M+5.3% $102.4M-2.6% $105.1M-7.0% $113.0M-3.4% $117.0M-64.7% $331.6M
Cash & Equivalents $6.5M+27.2% $5.1M-85.6% $35.6M+37.0% $26.0M+24.9% $20.8M+17.3% $17.8M-58.6% $42.9M+22.3% $35.1M
Inventory $9.3M-18.8% $11.5M+18.9% $9.7M-12.8% $11.1M+15.7% $9.6M-34.7% $14.7M-1.7% $14.9M-88.3% $127.4M
Accounts Receivable $57.3M+8.5% $52.8M+7.1% $49.3M-7.1% $53.1M-5.5% $56.1M+22.4% $45.9M+44.7% $31.7M-78.9% $150.3M
Goodwill $75.5M-1.1% $76.3M+60.8% $47.5M-0.2% $47.6M+0.5% $47.3M+0.3% $47.2M-0.5% $47.5M+0.4% $47.3M
Total Liabilities $78.1M-13.8% $90.6M+28.4% $70.5M+8.8% $64.8M+2.7% $63.1M-6.0% $67.2M-8.2% $73.2M-63.1% $198.2M
Current Liabilities $52.0M-8.9% $57.1M+16.6% $49.0M+11.8% $43.8M+8.6% $40.4M-9.6% $44.7M-12.7% $51.2M-59.7% $126.9M
Long-Term Debt $5.7M-51.1% $11.7M+98.0% $5.9M0.0% $5.9M+17.7% $5.0M+4.0% $4.8M-12.3% $5.5M-86.4% $40.4M
Total Equity $359.8M+2.5% $351.2M+5.2% $333.9M+1.5% $328.8M+0.6% $326.9M+0.1% $326.5M+3.2% $316.5M-25.8% $426.6M
Retained Earnings -$90.1M+10.4% -$100.5M+12.7% -$115.1M+4.7% -$120.8M+6.7% -$129.5M+7.2% -$139.5M+5.9% -$148.2M-666.9% $26.1M

NPKI Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow $21.1M+17.3% $18.0M-27.2% $24.7M+15.3% $21.4M+142.9% $8.8M+313.9% -$4.1M-249.3% $2.8M-90.0% $27.6M
Capital Expenditures $16.7M+36.2% $12.3M-3.6% $12.7M+8.7% $11.7M+16.8% $10.0M-26.3% $13.6M+43.5% $9.5M+43.8% $6.6M
Free Cash Flow $4.4M-23.0% $5.8M-52.1% $12.0M+23.1% $9.7M+923.8% -$1.2M+93.3% -$17.7M-164.2% -$6.7M-131.9% $21.0M
Investing Cash Flow -$10.7M+79.5% -$52.3M-328.1% -$12.2M-96.1% -$6.2M-215.0% $5.4M+136.4% -$14.9M-137.0% $40.2M+1033.8% -$4.3M
Financing Cash Flow -$8.9M-340.9% $3.7M+229.7% -$2.9M+71.8% -$10.1M+13.3% -$11.7M-92.8% -$6.1M+83.1% -$35.8M-40.1% -$25.6M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $2.7M $0-100.0% $3.4M-59.9% $8.5M-21.5% $10.8M+1080900.0% $1K-99.4% $172K-96.0% $4.3M

NPKI Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin 36.2%-1.5pp 37.7%+5.8pp 31.9%-5.0pp 36.9%-2.1pp 39.0%-0.2pp 39.1%+11.7pp 27.5%-9.7pp 37.2%
Operating Margin 19.2%+2.5pp 16.7%+3.6pp 13.2%-3.9pp 17.0%-3.8pp 20.9%+0.6pp 20.2%+17.4pp 2.8%-15.9pp 18.7%
Net Margin 13.9%-5.5pp 19.4%+11.2pp 8.2%-4.5pp 12.7%-2.7pp 15.4%+0.3pp 15.1%+409.4pp -394.3%-406.3pp 12.0%
Return on Equity 2.9%-1.2pp 4.2%+2.5pp 1.7%-1.0pp 2.6%-0.4pp 3.1%+0.4pp 2.7%+57.7pp -55.1%-57.0pp 1.9%
Return on Assets 2.4%-0.9pp 3.3%+1.9pp 1.4%-0.8pp 2.2%-0.4pp 2.6%+0.3pp 2.2%+47.0pp -44.7%-46.0pp 1.3%
Current Ratio 1.58+0.2 1.43-0.8 2.20-0.1 2.34-0.3 2.60+0.1 2.53+0.2 2.29-0.3 2.61
Debt-to-Equity 0.02-0.0 0.03+0.0 0.020.0 0.020.0 0.020.0 0.010.0 0.02-0.1 0.09
FCF Margin 5.9%-1.8pp 7.6%-9.8pp 17.4%+3.2pp 14.3%+16.1pp -1.8%+29.0pp -30.8%-15.6pp -15.2%-46.6pp 31.4%

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Frequently Asked Questions

NPK International Inc (NPKI) reported $277.0M in total revenue for fiscal year 2025. This represents a 27.4% 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.

NPK International Inc (NPKI) revenue grew by 27.4% year-over-year, from $217.5M to $277.0M in fiscal year 2025.

Yes, NPK International Inc (NPKI) reported a net income of $38.9M in fiscal year 2025, with a net profit margin of 14.1%.

NPK International Inc (NPKI) reported diluted earnings per share of $0.45 for fiscal year 2025. This represents a 126.2% 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.

NPK International Inc (NPKI) had EBITDA of $72.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, NPK International Inc (NPKI) had $5.1M in cash and equivalents against $11.7M in long-term debt.

NPK International Inc (NPKI) had a gross margin of 36.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

NPK International Inc (NPKI) had an operating margin of 16.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

NPK International Inc (NPKI) had a net profit margin of 14.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

NPK International Inc (NPKI) has a return on equity of 11.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

NPK International Inc (NPKI) generated $26.3M in free cash flow during fiscal year 2025. This represents a 590.8% 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.

NPK International Inc (NPKI) generated $73.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

NPK International Inc (NPKI) had $441.8M in total assets as of fiscal year 2025, including both current and long-term assets.

NPK International Inc (NPKI) invested $46.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, NPK International Inc (NPKI) spent $22.7M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

NPK International Inc (NPKI) had 90M shares outstanding as of fiscal year 2025.

NPK International Inc (NPKI) had a current ratio of 1.43 as of fiscal year 2025, which is considered adequate.

NPK International Inc (NPKI) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

NPK International Inc (NPKI) had a return on assets of 8.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

NPK International Inc (NPKI) has an Altman Z-Score of 9.40, 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.

NPK International Inc (NPKI) has a Piotroski F-Score of 7 out of 9, indicating strong 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.

NPK International Inc (NPKI) has an earnings quality ratio of 1.87x, considered cash-backed (high 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.

NPK International Inc (NPKI) scores 49 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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