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National Presto Industries NPK Defense — Construction In Progress Gross

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Other financials

Income statement

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Revenue$118.6M+14.5%
Net income$6.6M-12.9%

Balance sheet

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Cash & equivalents$6.5M+537%
Total debt$9.3M-5.1%
Total equity$395.2M+7.2%
Total assets$469.3M+3.1%

Cash flow

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Operating cash flow$31.3M+152%
CapEx$2.0M-91.5%
Free cash flow$29.4M+379%

Valuation

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Market cap$988.84M+38.8%
Enterprise value$991.66M+37.7%
P/E30.8×+13.7×
P/S1.9×+0.3×

Profitability

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Gross margin24.3%
Operating margin16%
Net margin6.2%-4.0pp
FCF margin-12.6%+6.5pp

Returns & leverage

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Return on equity8.4%-3.7pp
Debt / equity0.0×
Current ratio5.9×+1.3×

Where this comes from

Reported directly by National Presto Industries in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The source filing: National Presto Industries’s 10-K, filed March 13, 2026.

Filed
Mar 13, 2026, 4:03 PM EDT
Fiscal year
FY2025
Accession
0001437749-26-008214

(7) PROPERTY, PLANT AND EQUIPMENT: Property, plant and equipment are stated at cost. Straight-line depreciation is primarily provided in amounts sufficient to charge the costs of depreciable assets to operations over their service lives which are estimated at 15 to 40 years for buildings, 3 to 10 years for machinery and equipment, and 15 to 20 years for land improvements. The Company reviews long-lived assets consisting principally of property, plant, and equipment, for impairment when material events and changes in circumstances indicate the carrying value may not be recoverable. As of December 31, 2025, net property, plant and equipment included $5,855,000 related to leased manufacturing and office space. See Note M. Approximately $558,000 and $5,354,000 of construction in progress in the Company’s Defense segment is presented on the Consolidated Balance Sheet as Buildings, at December 31, 2025 and 2024, respectively.

ITEM 9C. DISCLOSURES REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

FAQ

What is National Presto Industries's defense — construction in progress gross?
National Presto Industries (NPK) reported defense — construction in progress gross of $558K in Q4 2025.
What does defense — construction in progress gross mean?
This metric tracks the total costs accumulated for capital projects that are currently under construction and not yet ready for their intended use in the defense segment. It provides visibility into the pipeline of new production facilities or manufacturing lines being developed to support future defense output. High levels indicate active expansion or significant infrastructure upgrades.

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