Northwest Pipe Company (NWPX)

Northwest Pipe Company Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	492.55	444.36	457.67	333.31	285.91
Revenue Growth (YoY)	10.85%	-2.91%	37.31%	16.58%	2.36%
Cost of Revenue	397.14	366.71	371.81	289.06	236.79
Gross Profit	95.41	77.64	85.86	44.25	49.12
Selling, General & Admin	47.11	43.77	40.91	24.71	22.11
Operating Expenses	47.11	43.77	40.91	24.71	22.11
Operating Income	48.3	33.87	44.95	19.54	27.01
Interest Expense	-5.66	-4.86	-3.57	-1.2	-0.93
Other Non Operating Income (Expenses)	-0.27	0.27	-0.03	0.22	0.96
EBT Excluding Unusual Items	42.37	29.28	41.35	18.56	27.03
Merger & Restructuring Charges	-	-	-	-3.4	-2.8
Pretax Income	42.37	29.28	41.35	15.16	25.63
Income Tax Expense	8.17	8.21	10.2	3.64	6.58
Earnings From Continuing Operations	34.21	21.07	31.15	11.52	19.05
Net Income	34.21	21.07	31.15	11.52	19.05
Net Income to Common	34.21	21.07	31.15	11.52	19.05
Net Income Growth	62.33%	-32.35%	170.32%	-39.51%	-31.72%
Shares Outstanding (Basic)	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10
Shares Change (YoY)	-0.15%	0.69%	0.85%	0.56%	0.96%
EPS (Basic)	3.45	2.11	3.14	1.17	1.95
EPS (Diluted)	3.40	2.09	3.11	1.16	1.93
EPS Growth	62.68%	-32.80%	168.10%	-39.90%	-32.28%
Free Cash Flow	34.25	35.16	-5.29	-19.07	42.07
Free Cash Flow Per Share	3.40	3.49	-0.53	-1.92	4.26
Gross Margin	19.37%	17.47%	18.76%	13.28%	17.18%
Operating Margin	9.81%	7.62%	9.82%	5.86%	9.45%
Profit Margin	6.94%	4.74%	6.81%	3.46%	6.66%
Free Cash Flow Margin	6.95%	7.91%	-1.16%	-5.72%	14.72%
EBITDA	67.37	49.68	62.05	33.17	41.56
EBITDA Margin	13.68%	11.18%	13.56%	9.95%	14.54%
D&A For EBITDA	19.07	15.81	17.1	13.62	14.55
EBIT	48.3	33.87	44.95	19.54	27.01
EBIT Margin	9.81%	7.62%	9.82%	5.86%	9.45%
Effective Tax Rate	19.27%	28.03%	24.67%	23.98%	25.69%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q