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Northwest Pipe NWPX Interest coverage

Interest coverage at other companies

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CRHCRH
6.5×-1.0×
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7.5×+0.1×
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6.2×+1.0×
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1.3×-4.7×
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6.7×+3.9×
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Ferguson EnterprisesFERG
14.8×

Other financials

Income statement

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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

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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

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Operating cash flow$29.3M+504%
CapEx$3.5M-5.5%
Free cash flow$25.8M+2,090%

Valuation

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Market cap$1.38B+263%
Enterprise value$1.47B+207%
P/E33×+21.4×
P/S2.5×+1.8×

Profitability

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Gross margin20.2%+1.1pp
Operating margin10.6%+1.5pp
Net margin7.7%+1.0pp
FCF margin13.1%-0.3pp

Returns & leverage

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Return on equity10.7%+1.6pp
Debt / equity0.3×0.0×
Current ratio2.7×-1.3×

Where this comes from

Calculated from Northwest Pipe’s reported figures.

Based on trailing twelve months.

The official record: Northwest Pipe’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northwest Pipe's interest coverage?
Northwest Pipe (NWPX) reported interest coverage of 25× in Q1 2026.
How has Northwest Pipe's interest coverage changed year-over-year?
Northwest Pipe's interest coverage increased by 166.7% year-over-year, from 9.4× to 25×.
What is the long-term trend for Northwest Pipe's interest coverage?
Over 5 years (2020 to 2025), Northwest Pipe's interest coverage has grown at a -6.6% compound annual growth rate (CAGR), from 27.4× to 19.5×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.