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Companies / Industrials / NWPX Infrastructure, Inc.
NWPX

NWPX Infrastructure, Inc.

IndustrialsPrimary Metals
Ticker NWPXVANCOUVER, WAFiscal year ends DecemberBook value per share $44.59Diluted shares 9.8M

NWPX Infrastructure, Inc. (Nasdaq: NWPX) manufactures water-related infrastructure products through its Water Transmission Systems (WTS) and Precast Infrastructure and Engineered Systems segments. WTS, operating under the Northwest Pipe Company brand, makes large-diameter, high-pressure steel pipeline systems,… From the company’s description.

Over the twelve months to Sep 30, 2026, NWPX Infrastructure, Inc. reported revenue of $602.76M, up 15.9% from a year earlier, and net income of $53.48M. Its operating margin was 11.8%, and operations generated $106.75M in cash. In fiscal 2025, it reported revenue of $526.00M, up 6.8% from fiscal 2024, and net income of $35.41M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$526.00MFY2025
+6.8% year over year
Last 12 mo $602.76M
9.67%FY2025
−0.1 percentage points
Last 12 mo 11.80%
$35.41MFY2025
+3.5% year over year
Last 12 mo $53.48M
8.97%FY2025
−0.2 percentage points
Last 12 mo 12.23%
Cash & financing
$67.28MFY2025
+22.2% year over year
Last 12 mo $106.75M
$47.11MFY2025
+37.5% year over year
Last 12 mo $86.83M
0.03FY2025
Was 0.10× a year earlier
Last 12 mo 0.06
9.9MFY2025
−1.3% year over year
Last 12 mo 9.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NWPX Infrastructure, Inc. does

In the company’s own words

NWPX Infrastructure, Inc. (Nasdaq: NWPX) manufactures water-related infrastructure products through its Water Transmission Systems (WTS) and Precast Infrastructure and Engineered Systems segments. WTS, operating under the Northwest Pipe Company brand, makes large-diameter, high-pressure steel pipeline systems, including welded steel pipe, bar-wrapped concrete cylinder pipe, fittings and Permalok® casing pipe, primarily for installation contractors serving public water agencies. Precast produces reinforced concrete pipe, manholes, box culverts, vaults, catch basins, pump lift stations and stormwater and wastewater treatment products for contractors working on municipal, commercial, residential and industrial projects. The company’s products also serve water distribution, water management, hydroelectric power, industrial piping and structural applications. Its brands include Northwest Pipe Company, NWPX Geneva and NWPX Park. As of December 31, 2025, NWPX operated 13 manufacturing facilities across North America and employed 1,318 people. Its website is www.nwpx.com.

Company details
Sector
Industrials
Industry (SIC)
Primary Metals
Headquarters
VANCOUVER, WA
Fiscal year end
December
CIK
1001385
SIC
3317

Financial performance, year by year

Fiscal 2011–2025 · USD
$-92.60M$97.04M$286.69M$476.33M$665.98M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NWPX Infrastructure, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

234
funds hold it
0 of 35
superinvestors hold it
$476.26M
held by funds, at market
39.3%
of shares held by funds

Largest fund holders · NWPX Infrastructure, Inc.’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.05%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
—of fund net assets
Heartland Value Fund
HRTVX · HEARTLAND GROUP INC.
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do NWPX Infrastructure, Inc. and its peers compare on margins and cash generation over ten years?”
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