NPK International Inc Stock Price, News & Analysis

NPK (NYSE: NPKI) has acquired Grassform Plant Hire Limited for an all-cash purchase price of £35.2 million ($46.4 million), funded at closing primarily with cash on-hand and approximately $10 million of borrowings under NPK’s U.S. credit facility.

Grassform, headquartered in Ingatestone, England, operates a fleet of >20,000 composite mats and reported revenue £15 million ($19 million) and EBITDA £6 million ($8 million) for the twelve months ended October 31, 2025. Additional contingent consideration may be payable based on Grassform’s trailing twelve-month performance through its fiscal year-end of February 28, 2026. NPK said the deal expands U.K. scale and complements its rental and service operations.

Summary not available.

NPK International (NYSE:NPKI) will release third quarter 2025 results after U.S. markets close on Thursday, October 30, 2025. A conference call to review results and host Q&A is scheduled for Friday, October 31, 2025 at 9:30 a.m. ET.

A live webcast and presentation materials will be available in the Investor Relations section at https://investors.npki.com/. Register at least 15 minutes early to download any required audio software. Teleconference dial-ins: Domestic 800-715-9871, International 646-307-1963, Conference ID 8869084. Teleconference replay available through November 7, 2025.

NPK International (NYSE:NPKI) reported strong Q2 2025 results with revenues of $68.2 million, up 2% year-over-year. The company achieved record rental revenues of $31.7 million, marking a 34% increase. Operating income was $11.6 million with a 17.0% margin, while income from continuing operations reached $8.8 million ($0.10 per diluted share).

Key financial metrics include Adjusted EBITDA of $18.8 million (27.5% margin), total cash of $26.0 million, and total debt of $9.3 million. The company established a new $150 million revolving credit facility and repurchased 1% of outstanding shares worth $6 million.

Based on strong performance, NPK raised its full-year 2025 guidance, projecting revenues of $250-260 million and Adjusted EBITDA of $68-74 million.

NPK International (NYSE:NPKI) has scheduled its second quarter 2025 earnings conference call for Wednesday, August 6, 2025, at 9:30 a.m. ET. The company will release its Q2 2025 financial results after market close on Tuesday, August 5, 2025.

Investors can access the live webcast and presentation materials through the company's investor relations website. For those joining by phone, domestic participants can dial 800-715-9871, while international callers should use 646-307-1963 with Conference ID 8869084. A replay will be available through August 13, 2025.

NPK International (NYSE: NPKI) has secured a new $150 million revolving credit facility, effective June 20, 2025, replacing its previous asset-based facility. The five-year agreement includes an accordion feature that allows expansion up to $250 million. The facility's interest rates are set at either Term SOFR plus 175-225 basis points or Base Rate plus 75-125 basis points, with margins determined by the company's consolidated leverage ratio. The banking consortium includes Bank of America, Amegy Bank, Regions Bank, First Horizon Bank, Texas Capital Bank, and Woodforest National Bank. According to CFO Gregg Piontek, the new facility enhances liquidity and flexibility, supporting NPK's long-term growth strategy and capital allocation priorities.

NPK International (NYSE: NPKI) announced that MSCI will change its Global Industry Classification Standard (GICS) code to 20107010 (Industrials/Capital Goods/Trading Companies & Distributors), effective May 30, 2025. The reclassification better reflects NPK's role as a leading provider of matting products and services in the global worksite access market. CEO Matthew Lanigan emphasized this change validates the company's transformation into a pure-play specialty rental and services business focusing on worksite access and critical infrastructure markets. The company maintains its commitment to growing its specialty rental business, particularly in utilities transmission and critical infrastructure sectors.

NPK International (NYSE: NPKI) reported strong Q1 2025 financial results with revenues of $64.8 million, up 32% year-over-year. The company achieved operating income of $13.5 million with a 20.9% operating margin. Income from continuing operations reached $10.4 million ($0.12 per share), while Adjusted EBITDA grew 59% to $19.7 million. The company's rental revenue hit a record high, increasing 32% YoY. NPK maintains a strong balance sheet with $20.8 million in cash and $8.1 million in debt. During Q1, the company repurchased $11 million of common equity (2% of shares) and increased its share repurchase authorization to $100 million. Based on strong performance, NPK raised its FY2025 guidance, projecting revenues of $240-252 million and Adjusted EBITDA of $64-72 million.

NPK International (NYSE: NPKI) has scheduled its first quarter 2025 financial results announcement for Thursday, May 1, 2025, after U.S. markets close. The company will host a conference call and webcast on Friday, May 2, 2025, at 9:30 a.m. ET to discuss the results and conduct a Q&A session.

Investors can access the webcast and presentation materials through the company's investor relations website. The conference call will be available via teleconference, with domestic dial-in at 800-715-9871 and international at 646-307-1963 (Conference ID: 8869084). A replay will be available through May 9, 2025, with domestic replay number 800-770-2030 and international 609-800-9909.