NPKINYSEServices-Miscellaneous Equipment Rental & LeasingFiscal year ends December 31
NPK International Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$10.95+0.18 (+1.67%)
Close on Oct 19, 2026
- Market cap
- $939.99M
- P/E (TTM)
- 21.9
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
36.4%+32.4 pts over 5 years
Operating margin
16.9%+32.8 pts over 5 years
Net margin
14.1%+30.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +27.4% | +12.8% | -10.9% | -8.5% | |
| Gross profit | +30.6% | +18.9% | +39.1% | +2.6% | |
| Operating income | +44.6% | +92.8% | – | – | |
| Free cash flow | – | – | -8.0% | -6.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -8.0% | -15.6% | 11.5% | |
| Return on assets | -4.9% | -10.0% | 9.3% | |
| Current ratio | 2.57 | 2.14 | 1.43 | |
| Debt to equity | 0.48 | 0.32 | 0.05 | |
| Net debt to EBITDA | -7.49× | -3.73× | 0.16× | |
| Interest coverage | -5.8× | -7.1× | – | |
| Inventory turnover | 2.8× | 2.7× | 13.5× | |
| Capex to revenue | 8.2% | 3.2% | 16.8% | |
| Diluted shares | 84M | 90M | 86M |
Where the cash went
Fiscal 2021 to 2025, five years combined
NPK International generated $239.19M from operations and spent $252.66M on capital expenditure, dividends and share buybacks. 67% of that went back into the business.
Generated
$239.19M
Used
$252.66M
Capital expenditure$169.50M67%Dividends$00%Share buybacks$83.16M33%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin14.1%
×Asset turnover0.66×
×Equity multiplier1.23×
=Return on equity, FY202511.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 14.1% | 0.66× | 1.23× | 11.5% |
| FY2024 | -69.1% | 0.42× | 1.40× | -40.5% |
| FY2023 | 7.0% | 0.31× | 1.62× | 3.5% |
| FY2022 | -10.8% | 0.26× | 1.66× | -4.7% |
| FY2021 | -4.2% | 0.84× | 1.54× | -5.4% |
| FY2020 | -16.4% | 0.61× | 1.55× | -15.6% |
| FY2019 | -1.6% | 0.90× | 1.62× | -2.3% |
| FY2018 | 3.4% | 1.04× | 1.63× | 5.8% |
| FY2017 | -0.8% | 0.88× | 1.62× | -1.2% |
| FY2016 | -8.6% | 0.57× | 1.61× | -8.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$38.94M
- Cash generatingOperating cash flow above zero$72.99M
- Return on assets improvedROA up on the prior year-23.4% → 9.9%
- Earnings backed by cashOperating cash flow above net income$72.99M vs $38.94M
- Less leverageLong-term debt to assets fell1.2% → 2.6%
- Better liquidityCurrent ratio rose2.53 → 1.43
- No dilutionShare count did not rise87M → 86M
- Gross margin improvedGross margin up on the prior year35.46% → 36.37%
- More efficientAsset turnover rose0.34 → 0.70