Norwood Finl Financials

NWFL

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

This page shows Norwood Finl (NWFL) 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

Piotroski F-Score Weak

2/9

Norwood Finl passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Mixed

-142.54x

For every $1 of reported earnings, Norwood Finl generates $-142.54 in operating cash flow ($22.8M OCF vs -$160K net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Revenue

$7.4M

YoY+3.7%

5Y CAGR+6.3%

10Y CAGR-12.4%

Norwood Finl generated $7.4M in revenue in fiscal year 2024. This represents an increase of 3.7% from the prior year.

EBITDA

N/A

Free Cash Flow

$19.7M

YoY-30.7%

5Y CAGR+3.2%

10Y CAGR+6.6%

Norwood Finl generated $19.7M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 30.7% from the prior year.

Net Income

-$160K

YoY-101.0%

Norwood Finl reported -$160K in net income in fiscal year 2024. This represents a decrease of 101.0% from the prior year.

EPS (Diluted)

$-0.02

YoY-101.0%

Norwood Finl earned $-0.02 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 101.0% from the prior year.

Cash & Debt

$72.3M

YoY+9.4%

5Y CAGR+36.2%

10Y CAGR+19.3%

Norwood Finl held $72.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.21

YoY+3.4%

5Y CAGR+4.5%

10Y CAGR+0.1%

Norwood Finl paid $1.21 per share in dividends in fiscal year 2024. This represents an increase of 3.4% from the prior year.

Shares Outstanding

N/A

Gross Margin

N/A

Operating Margin

N/A

Net Margin

-2.2%

YoY-237.0pp

5Y CAGR-263.1pp

10Y CAGR-29.7pp

Norwood Finl's net profit margin was -2.2% in fiscal year 2024, showing the share of revenue converted to profit. This is down 237.0 percentage points from the prior year.

Return on Equity

N/A

R&D Spending

N/A

Share Buybacks

$703K

YoY-77.3%

5Y CAGR+10.4%

10Y CAGR+14.7%

Norwood Finl spent $703K on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 77.3% from the prior year.

Capital Expenditures

$3.1M

YoY+121.5%

5Y CAGR+14.0%

10Y CAGR+32.1%

Norwood Finl invested $3.1M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 121.5% from the prior year.

NWFL Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$7.4M+3.7%	$7.1M-18.5%	$8.8M+24.8%	$7.0M+13.1%	$6.2M+14.0%	$5.4M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$50.4M+50.5%	$33.5M+360.5%	$7.3M+26.3%	$5.8M-27.8%	$8.0M-8.1%	$8.7M
Income Tax	-$98K-102.2%	$4.4M-38.7%	$7.2M+20.3%	$5.9M+80.9%	$3.3M+26.0%	$2.6M
Net Income	-$160K-101.0%	$16.8M-42.7%	$29.2M+17.3%	$24.9M+65.2%	$15.1M+6.1%	$14.2M
EPS (Diluted)	$-0.02-101.0%	$2.07-42.2%	$3.58+17.8%	$3.04+45.5%	$2.09-7.1%	$2.25

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$2.0M+9.3%	$1.9M-5.6%	$2.0M+2.3%	$1.9M+2.9%	$1.9M+9.9%	$1.7M-5.5%	$1.8M-5.8%	$1.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$11.7M-3.4%	$12.1M-0.7%	$12.2M-4.9%	$12.9M+0.9%	$12.7M+4.2%	$12.2M+13.3%	$10.8M+14.0%	$9.5M
Income Tax	$2.2M+35.0%	$1.6M+7.5%	$1.5M+144.4%	-$3.4M-402.0%	$1.1M-4.0%	$1.2M+1099.0%	$98K-90.8%	$1.1M
Net Income	$8.3M+34.3%	$6.2M+7.5%	$5.8M+145.6%	-$12.7M-400.3%	$4.2M-5.0%	$4.4M+1148.7%	$355K-91.4%	$4.1M
EPS (Diluted)	$0.89+32.8%	$0.67+6.3%	$0.63+140.1%	$-1.57-401.9%	$0.52-5.5%	$0.55+1275.0%	$0.04-92.2%	$0.51

NWFL Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$2.3B+5.3%	$2.2B+7.5%	$2.0B-1.0%	$2.1B+11.7%	$1.9B+50.5%	$1.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$72.3M+9.4%	$66.1M+107.5%	$31.9M-84.6%	$206.7M+85.0%	$111.7M+624.6%	$15.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M-0.1%	$29.3M+158.5%	$11.3M
Total Liabilities	$2.1B+4.2%	$2.0B+7.4%	$1.9B+0.9%	$1.9B+12.4%	$1.7B+51.6%	$1.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$213.5M+17.9%	$181.1M+8.4%	$167.1M-18.6%	$205.3M+5.4%	$194.8M+41.7%	$137.4M
Retained Earnings	$125.0M-7.6%	$135.3M+4.0%	$130.0M+18.2%	$110.0M+17.3%	$93.8M+8.4%	$86.5M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.4B+2.0%	$2.4B-0.5%	$2.4B+2.5%	$2.3B+3.7%	$2.2B-1.1%	$2.3B+2.7%	$2.2B+1.0%	$2.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$74.7M+40.9%	$53.0M-29.7%	$75.4M+4.2%	$72.3M+4.2%	$69.4M-38.0%	$112.0M+69.3%	$66.1M+22.1%	$54.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M0.0%	$29.3M
Total Liabilities	$2.2B+1.7%	$2.1B-0.7%	$2.2B+2.4%	$2.1B+2.5%	$2.1B-1.3%	$2.1B+2.9%	$2.0B+0.2%	$2.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$234.9M+4.2%	$225.4M+2.1%	$220.7M+3.4%	$213.5M+17.2%	$182.2M+0.5%	$181.2M+0.1%	$181.1M+9.9%	$164.7M
Retained Earnings	$136.7M+4.2%	$131.2M+2.6%	$127.9M+2.3%	$125.0M-10.1%	$139.1M+1.3%	$137.3M+1.5%	$135.3M-1.5%	$137.4M

NWFL Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	$22.8M-23.5%	$29.8M-3.0%	$30.7M+5.3%	$29.2M+111.6%	$13.8M-25.2%	$18.4M
Capital Expenditures	$3.1M+121.5%	$1.4M-34.4%	$2.2M+71.1%	$1.3M+68.0%	$749K-53.9%	$1.6M
Free Cash Flow	$19.7M-30.7%	$28.4M-0.6%	$28.6M+2.3%	$27.9M+114.1%	$13.0M-22.4%	$16.8M
Investing Cash Flow	-$115.2M+1.2%	-$116.6M+44.0%	-$208.0M-58.8%	-$131.0M-113.4%	-$61.4M-54.2%	-$39.8M
Financing Cash Flow	$98.6M-18.5%	$121.0M+4848.8%	$2.4M-98.8%	$196.8M+36.8%	$143.8M+681.3%	$18.4M
Dividends Paid	$9.7M+3.2%	$9.4M+2.8%	$9.2M+7.2%	$8.5M+17.6%	$7.3M+20.2%	$6.0M
Share Buybacks	$703K-77.3%	$3.1M+23.3%	$2.5M+74.7%	$1.4M+1233.3%	$108K-74.8%	$428K

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$9.3M+38.3%	$6.8M-25.8%	$9.1M+89.3%	$4.8M-47.2%	$9.1M+114.2%	$4.3M-36.7%	$6.7M-2.5%	$6.9M
Capital Expenditures	$1.0M-38.2%	$1.7M+79.9%	$932K-36.5%	$1.5M+175.2%	$533K-3.8%	$554K-39.5%	$916K+301.8%	$228K
Free Cash Flow	$8.3M+63.5%	$5.1M-37.8%	$8.2M+144.6%	$3.3M-61.0%	$8.6M+131.9%	$3.7M-36.2%	$5.8M-12.9%	$6.7M
Investing Cash Flow	-$21.2M-64.1%	-$12.9M+75.1%	-$51.8M+17.2%	-$62.5M-212.4%	-$20.0M-57.2%	-$12.7M-856.3%	$1.7M+106.1%	-$27.7M
Financing Cash Flow	$33.5M+306.5%	-$16.2M-135.4%	$45.8M-3.0%	$47.2M+249.1%	-$31.7M-158.3%	$54.3M+1419.7%	$3.6M-91.5%	$41.9M
Dividends Paid	$2.9M0.0%	$2.9M-0.1%	$2.9M+18.5%	$2.4M-0.2%	$2.4M0.0%	$2.4M+4.0%	$2.3M0.0%	$2.3M
Share Buybacks	$0	$0-100.0%	$349K+1192.6%	$27K	N/A	N/A	$23K	$0

NWFL Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-2.2%-237.0pp	234.8%-98.8pp	333.7%-21.2pp	354.9%+112.0pp	242.9%-18.0pp	260.9%
Return on Equity	N/A	9.3%-8.2pp	17.5%+5.4pp	12.1%+4.4pp	7.7%-2.6pp	10.3%
Return on Assets	-0.0%-0.8pp	0.8%-0.7pp	1.4%+0.2pp	1.2%+0.4pp	0.8%-0.3pp	1.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.85-1.3	11.16-0.1	11.25+2.2	9.08+0.6	8.51+0.6	7.95
FCF Margin	266.0%-132.2pp	398.1%+71.9pp	326.2%-71.7pp	397.9%+187.8pp	210.2%-98.5pp	308.6%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	408.1%+76.1pp	332.0%+40.3pp	291.7%+945.8pp	-654.1%-878.2pp	224.1%-35.0pp	259.1%+239.5pp	19.6%-194.7pp	214.3%
Return on Equity	3.5%+0.8pp	2.8%+0.1pp	2.6%+0.7pp	2.0%-0.3pp	2.3%-0.1pp	2.5%+2.3pp	0.2%-2.3pp	2.5%
Return on Assets	0.4%+0.1pp	0.3%+0.0pp	0.2%+0.8pp	-0.5%-0.7pp	0.2%-0.0pp	0.2%+0.2pp	0.0%-0.2pp	0.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	9.27-0.2	9.49-0.3	9.77-0.1	9.85-1.4	11.27-0.2	11.47+0.3	11.16-1.1	12.24
FCF Margin	406.6%+134.9pp	271.7%-140.9pp	412.6%+240.0pp	172.7%-283.3pp	456.0%+239.9pp	216.1%-104.1pp	320.2%-26.1pp	346.3%

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Frequently Asked Questions

What is Norwood Finl's annual revenue?

Norwood Finl (NWFL) reported $7.4M in total revenue for fiscal year 2024. This represents a 3.7% 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 Norwood Finl's revenue growing?

Norwood Finl (NWFL) revenue grew by 3.7% year-over-year, from $7.1M to $7.4M in fiscal year 2024.

Is Norwood Finl profitable?

No, Norwood Finl (NWFL) reported a net income of -$160K in fiscal year 2024, with a net profit margin of -2.2%.

What is Norwood Finl's earnings per share (EPS)?

Norwood Finl (NWFL) reported diluted earnings per share of $-0.02 for fiscal year 2024. This represents a -101.0% 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 Norwood Finl's net profit margin?

Norwood Finl (NWFL) had a net profit margin of -2.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Norwood Finl pay dividends?

Yes, Norwood Finl (NWFL) paid $1.21 per share in dividends during fiscal year 2024.

What is Norwood Finl's free cash flow?

Norwood Finl (NWFL) generated $19.7M in free cash flow during fiscal year 2024. This represents a -30.7% 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.

What is Norwood Finl's operating cash flow?

Norwood Finl (NWFL) generated $22.8M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Norwood Finl's total assets?

Norwood Finl (NWFL) had $2.3B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Norwood Finl's capital expenditures?

Norwood Finl (NWFL) invested $3.1M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Norwood Finl buy back shares?

Yes, Norwood Finl (NWFL) spent $703K on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

What is Norwood Finl's debt-to-equity ratio?

Norwood Finl (NWFL) had a debt-to-equity ratio of 9.85 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Norwood Finl's return on assets (ROA)?

Norwood Finl (NWFL) had a return on assets of -0.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Norwood Finl's Piotroski F-Score?

Norwood Finl (NWFL) 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Norwood Finl's earnings high quality?

Norwood Finl (NWFL) has an earnings quality ratio of -142.54x, 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.