Company Analysis

NWPX Infrastructure, Inc. (NWPX)

Nasdaq: NWPX · Steel Pipe & Tubes · Vancouver, WA · filing with the SEC since 1996
Grade5.6
◀ Past 5.6● Present 6.3▶ Future 4.6

The grade of NWPX Infrastructure, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past5.630% of the headline
● Present6.340% of the headline
▶ Future4.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

5.6/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.1/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2025-06-06.

weight 33% of this tense · 21st percentile among 31 sector filers · read for itself

From the record

NWPX Infrastructure, Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2022-03-09); an auditor change (8-K item 4.01, the latest 2025-06-06) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.9/10

What has it actually done, year after year?

+15% a year over 10 filed years; profitable in 8 of 10.

weight 45% of this tense · 79th percentile among 29 sector filers · read for its customers

From the record

NWPX Infrastructure, Inc.'s 10 filed years say what it did: revenue went from $149 million in fiscal 2016 to $526 million in fiscal 2025, up 15% a year; it rose in 7 of 9 years; the deepest fall was 11% from fiscal 2016 to fiscal 2017; net income was positive in 8 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span15.0%top 12% of its family
  • the share of years revenue rosetop 16% of its family
  • the share of filed years with a profittop 39% of its family
  • the deepest fall from a revenue peak11.1%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.0/10

How has it treated the people who own it?

Share count shrank 0.3% a year. 13% of cash flow returned. Insiders: 43 sales, 0 purchases.

weight 22% of this tense · 60th percentile among 25 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, NWPX Infrastructure, Inc.'s diluted share count shrank about 0.3% a year, and dividends and buybacks returned about 13% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 43 sales (42 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-16 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 27% of its family
  • cash returned against operating cash flowbottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.6/10

Is it financially healthy right now?

ROE 9%: 9¢ of profit per shareholder dollar. Leverage 32%: owes 32¢ per asset dollar.

weight 45% of this tense · 66th percentile among 30 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, NWPX Infrastructure, Inc. earned about 9 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 18 cents per dollar of everything the company owns. Leverage: it owed about 32 cents per dollar of assets, and net share issuance: its share count shrank 1.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 22% of its family
  • return on equitytop 36% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforetop 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.9/10

How strong is its position in its industry?

top 41% of 28 in its family; net margin 6.7%.

weight 33% of this tense · 59th percentile among 28 sector filers · read for its customers

From the record

NWPX Infrastructure, Inc.'s standing among 28 graded names in its industry family: revenue of $526 million in fiscal 2025 ranks in the bottom 33% by size; a net margin of 6.7% ranks in the top 28%; revenue growth of 4.7% a year over the last 3 filed years ranks in the top 27% (its annual reports).

What it rests on

  • revenue against the family$526Mbottom 33% of its family
  • net margin6.7%top 28% of its family
  • three-year revenue growth4.7%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.1/10

What are the people in charge doing?

top 39% of 21 in its family for leadership; chief executive since 2013.

weight 22% of this tense · 61st percentile among 21 sector filers · read for its shareholders

From the record

NWPX Infrastructure, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Montross, Scott J (President & CEO, as filed), filing under that title since 2013-01-11, 13.8 years (top 20% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 7.2 years (top 26%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 13 peoplebottom 30% of its family
  • the median years the people in charge have filed7.2 yearstop 26% of its family
  • the chief executive's years on the record13.8 yearstop 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.8/10

How much room does it have to grow?

top 42% of 27 in its family for room to expand.

weight 45% of this tense · 58th percentile among 27 sector filers · read for itself

From the record

NWPX Infrastructure, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $2 million against debt of $8 million leaves -1.1% of its assets as net cash, top 48% of its family; cash from operations less capital spending is 9% of revenue (top 24%); a gross margin of 19.7% (bottom 46%) (its annual report).

What it rests on

  • cash less debt against assets-1.1%top 48% of its family
  • cash from operations less capital spending against revenue9.0%top 24% of its family
  • gross margin19.7%bottom 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.6/10

What could actually drive growth from here?

bottom 26% of 29 in its family for growth drivers.

weight 33% of this tense · 26th percentile among 29 sector filers · read for its customers

From the record

NWPX Infrastructure, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 4.7% a year over the last three filed years against 15% over all 10, slowing (bottom 20% of its family); the newest year grew 6.8% (bottom 30%); capital spending grew -4% a year (bottom 27%) (its annual reports). NWPX Infrastructure, Inc. reported 2 lines of business in fiscal 2025: Water Transmission Systems at $351 million, Precast Infrastructure and Engineered Systems at $175 million. 2 of 2 grew in the latest filed year, and the largest line is 67% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-10.3 points a yearbottom 20% of its family
  • the newest year's revenue growth6.8%bottom 30% of its family
  • three-year growth of capital spending-4.0%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.2/10

Did its newest year beat what its own record pointed to?

top 48% of 26 in its family for expectations against reality.

weight 22% of this tense · 52nd percentile among 26 sector filers · read for its shareholders

From the record

NWPX Infrastructure, Inc.'s newest year against its own record: revenue of $526 million in fiscal 2025 came in 2.9% above the $511 million its prior three years' pace pointed to (bottom 33% of its family); net income of $35 million against a prior three-year average of $29 million (top 35%); a net margin of 6.7% against 6.2% before (top 40%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace2.9%bottom 33% of its family
  • net income against the prior three years' average+23%top 35% of its family
  • net margin against its prior average+0.6 pointstop 40% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NWPX · research, not advice