What is Northwest Pipe's market cap?

Northwest Pipe (NWPX) has a market capitalization of $1.2B and trades on NASDAQ.

What is Northwest Pipe's revenue and profitability?

Northwest Pipe generated $548.1M in trailing twelve-month revenue with net income of $42.0M, representing a net margin of 7.7%. Gross margin stands at 20.2%, with free cash flow of $71.7M. These figures are based on the Q1 2026 filing.

Who are Northwest Pipe's competitors?

Northwest Pipe's key competitors include Oldcastle Infrastructure, ADVANCED DRAINAGE SYSTEMS, INC., Core & Main, Inc., and others. These companies compete in similar markets and product categories.

Who does Northwest Pipe partner with?

Northwest Pipe's notable partners include Steel Dynamics, Inc., Nucor Corporation, SSAB, and others.

What subsidiaries does Northwest Pipe have?

Northwest Pipe's subsidiaries include Boughton’s Precast, Inc., NWPX Geneva, NWPX Park.

Where is Northwest Pipe headquartered?

Northwest Pipe is headquartered in United States of America and employs approximately 1,325 people. It has been publicly traded since 1995.

Northwest Pipe

NWPX

Market cap

$1.24B+188%

Revenue$548.1M+10.6%

Net income$42.0M+27.5%

Free cash flow$71.7M+8.5%

EPS (diluted)$4.27+30.6%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

July 29, 2026

Read the full report

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full

Revenue$138.3M+19.1%

Gross profit$26.7M+37.7%

Operating income$12.7M+127%

Net income$10.5M+166%

EPS (diluted)$1.08+177%

Balance sheet

See full

Cash & equivalents$14.3M+170%

Total debt$102.4M-0.8%

Total equity$403.7M+6.7%

Total assets$634.1M+8.9%

Cash flow

See full

Operating cash flow$29.3M+504%

CapEx$3.5M-5.5%

Free cash flow$25.8M+2,090%

Valuation & ratios

Valuation

See full

Market cap$1.24B+188%

Enterprise value$1.32B+150%

P/E29.4×+16.9×

P/S2.3×+1.4×

Profitability

See full

Gross margin20.2%+1.1pp

Operating margin10.6%+1.5pp

Net margin7.7%+1.0pp

FCF margin13.1%-0.3pp

Returns & leverage

See full

Return on equity10.7%+1.6pp

Debt / equity0.3×0.0×

Current ratio2.7×-1.3×

Segments

By segment

See full

Water Transmission Systems$93.5M—

Precast Infrastructure And Engineered Systems$44.8M+18.9%

Competitors

By market cap

CRH$68.7B+3.7%

Ferguson Enterprises$45.4B-0.1%

Advanced Drainage Systems$11.0B+18.5%

Core & Main$8.2B-34.3%

Select Water Solutions$2.3B+130%

Northwest Pipe$1.2B+195%

Perma-Pipe International Holdings$206.7M+6.8%

Southland Holdings$34.4M-85.2%

By revenue growth

Perma-Pipe International Holdings+25.5%

Northwest Pipe+10.6%

CRH+6.3%

Advanced Drainage Systems+5.0%

Ferguson Enterprises+2.8%

Core & Main+0.5%

Select Water Solutions-4.2%

By net margin

Advanced Drainage Systems13.98%-1.5pp

CRH9.65%+0.5pp

Northwest Pipe7.66%+1.0pp

Perma-Pipe International Holdings7.17%+0.7pp

Ferguson Enterprises6.21%+0.4pp

Core & Main5.87%+0.4pp

Select Water Solutions1.57%-1.0pp

Profile

NWPX Infrastructure, Inc. is a leading North American manufacturer of engineered water-related infrastructure products, specializing in large-diameter water transmission systems and precast concrete solutions. The company provides critical components for drinking water, wastewater, and stormwater management, serving as a key supplier for large-scale municipal and industrial infrastructure projects. Its value proposition centers on engineering expertise, high-quality manufacturing, and a strategic footprint that supports urban growth and the replacement of aging water systems.

Competitive position

NWPX is the largest manufacturer of engineered water transmission systems in North America with a significant regional presence in the Western United States and Texas.

GeographiesUnited States, Mexico, Canada

Customer segmentsMunicipalities, Construction contractors, Government agencies, Real estate developers

Business modelProject-based manufacturing, Bidding-based contracting

SuppliersSteel mills, Cement producers, Aggregate suppliers, Coating and lining material providers

CustomersCivil engineering contractors, Municipal water authorities, Federal and state infrastructure agencies, Private utility companies

CountryUnited States of America

Listed1995

Employees1.3K

CEOScott J. Montross

SectorIndustrials

IndustryManufacturing - Metal Fabrication

Websitenwpipe.com

FilingsSEC EDGAR

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Questions, answered.

What is Northwest Pipe's market cap?: Northwest Pipe (NWPX) has a market capitalization of $1.2B and trades on NASDAQ.
What is Northwest Pipe's revenue and profitability?: Northwest Pipe generated $548.1M in trailing twelve-month revenue with net income of $42.0M, representing a net margin of 7.7%. Gross margin stands at 20.2%, with free cash flow of $71.7M. These figures are based on the Q1 2026 filing.
Who are Northwest Pipe's competitors?: Northwest Pipe's key competitors include Oldcastle Infrastructure, ADVANCED DRAINAGE SYSTEMS, INC., Core & Main, Inc., and others. These companies compete in similar markets and product categories.
Who does Northwest Pipe partner with?: Northwest Pipe's notable partners include Steel Dynamics, Inc., Nucor Corporation, SSAB, and others.
What subsidiaries does Northwest Pipe have?: Northwest Pipe's subsidiaries include Boughton’s Precast, Inc., NWPX Geneva, NWPX Park.
Where is Northwest Pipe headquartered?: Northwest Pipe is headquartered in United States of America and employs approximately 1,325 people. It has been publicly traded since 1995.