NWPX Infrastructure (NWPX) shares rallied 7.5% in the last trading session to close at $76.04. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.4% loss over the past four weeks.NWPX’s shares surged on a broad-based rally in cyclical sectors triggered by President Trump’s announcement of a temporary pause in planned military strikes on Iranian power plants and energy infrastructure for five days following tal ...

Group 1: Company Overview - Albemarle is a member of the Basic Materials sector, which includes 255 individual stocks and currently holds a Zacks Sector Rank of 1 [2] - The Zacks Rank system emphasizes earnings estimates and revisions, indicating that Albemarle has a Zacks Rank of 1 (Strong Buy) [3] Group 2: Performance Metrics - Over the past three months, the Zacks Consensus Estimate for Albemarle's full-year earnings has increased by 734.5%, indicating improved analyst sentiment [4] - Albemarle has returned 19.9% year-to-date, outperforming the Basic Materials sector average return of 17.2% [4] Group 3: Industry Comparison - Albemarle belongs to the Chemical - Diversified industry, which includes 29 companies and currently ranks 195 in the Zacks Industry Rank; this industry has gained an average of 21.6% this year, indicating that Albemarle is slightly underperforming [6] - In contrast, NWPX Infrastructure, another stock in the Basic Materials sector, has a year-to-date return of 19.4% and belongs to the Steel - Specialty industry, which is ranked 67 and has moved +22% this year [5][6]

NWPX Infrastructure (NWPX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...

Core Insights - NWPX Infrastructure, Inc. is recognized as one of the 10 best steel stocks to buy currently [1] - The company has recently acquired Boughton's Precast, which is expected to lead to immediate earnings growth [2] Financial Performance - For the fourth quarter, NWPX reported net sales of $125.6 million, reflecting a year-on-year increase of 5.0%, and a gross profit of $26.8 million, up 19.2% [3] - The fiscal year 2025 net sales reached $526.0 million, an increase of 6.8%, with a gross profit of $103.6 million, up 8.6% [3] - The company achieved a record net income of $35.4 million, equating to $3.56 per diluted share, and generated operating cash flow of $67.3 million [3] Business Segments - NWPX operates in three segments: Engineered Steel Pressure Pipe, Precast Infrastructure, and Engineered Systems [4] - The Water Transmission Systems backlog is reported at $234 million, with confirmed orders totaling $346 million, while the Precast business has a backlog of $57 million [3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 0-27140 NWPX INFRASTRUCTURE, INC. (Exact name of registrant as specified in its charter) Oregon 93-0557988 State or ot ...

Financial Performance - The company achieved record annual net sales of $526 million in 2025, a 6.8% increase from 2024, marking the highest in its history [4] - Consolidated gross profit reached $103.6 million, up 8.6% year-over-year, resulting in a gross margin of 19.7%, compared to 19.4% in 2024 [5] - Consolidated net income for the fourth quarter was $8.9 million, or $0.91 per diluted share, compared to $10.1 million, or $1 per diluted share in the fourth quarter of 2024 [20] - For the full year 2025, consolidated net income was a record $35.4 million, or $3.56 per diluted share, compared to $34.2 million, or $3.40 per diluted share in 2024 [22] Business Segment Performance - Revenue from the Water Transmission Systems (WTS) segment totaled a record $350.9 million in 2025, up 3.8% year-over-year, with increased margins [5] - Precast revenue increased 13.3% year-over-year to a new annual record of $175.1 million, driven by an 8% improvement in sales volume [8] - WTS gross profit reached a record $67.1 million, up 7.2% from 2024, resulting in a gross margin of 19.1%, up from 18.5% in 2024 [7] - Precast gross profit increased 11.3% year-over-year to $36.5 million, resulting in a gross margin of 20.8%, down modestly from 21.2% in 2024 [9] Market Trends - The commercial sector was up 45%, and the institutional sector was up 60%, indicating positive signals for non-residential construction activity in 2026 and into 2027 [8] - The Dodge Momentum Index increased by 50% in December 2025 compared to December 2024, reflecting signs of stabilization in the market [8] Company Strategy and Development - The company is making targeted organic investments to expand capacity and enhance efficiency, including expanding Precast capabilities across its network [10] - The acquisition of Boughton's Precast aligns with the strategy to establish a presence in high-growth markets, specifically in Colorado [13] - The company plans to focus on organic growth and strategic acquisitions while maintaining a strong balance sheet and low debt levels [19][82] Management Commentary - Management expressed confidence in the strong bidding environment and healthy order books for both WTS and Precast segments heading into 2026 [15][94] - The leadership team emphasized the importance of safety and operational excellence as central to the company's culture and success [18][92] Other Important Information - The company repaid $27.4 million of debt in 2025, ending the year with significant liquidity [13] - Free cash flow totaled $47.1 million for the full year, exceeding expectations and compared to $34.3 million in 2024 [29] Q&A Session Summary Question: Margin expectations for 2026 - Management indicated a steady climb in margins for both WTS and Precast segments, with a strong backlog expected to support this growth [36][37] Question: Capital investment for Boughton's acquisition - Management noted that limited capital would be needed to scale Boughton's operations, with expectations to double its size in the next two to three years [40][41] Question: Demand from the private sector - Management highlighted increased demand from data center projects, particularly on the Precast side, with several ongoing projects related to water management for data centers [50][52] Question: Integration of Boughton's into NWPX - Management discussed a relatively smooth integration process, leveraging existing systems and focusing on cultural alignment [70][72] Question: Future cash utilization - Management plans to prioritize organic growth and potential stock buybacks while maintaining a strong cash position for future opportunities [80][82]

NWPX Infrastructure (NasdaqGS:NWPX) Q4 2025 Earnings call February 26, 2026 10:00 AM ET Company ParticipantsAaron Wilkins - CFOJustin Mechetti - Equity Research AssociateScott Montross - President and CEOConference Call ParticipantsBrent Thielman - Managing Director and Senior Research AnalystTed Jackson - Managing Director and Senior Research AnalystOperatorGreetings, welcome to the NWPX Infrastructure Fourth Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. A brief ques ...

Financial Performance and Key Metrics - In 2025, the company achieved record annual net sales of $526 million, an increase of 6.8% from 2024, marking the highest in its history [4] - Consolidated gross profit reached a record $103.6 million, up 8.6% year-over-year, resulting in a gross margin of 19.7%, compared to 19.4% in 2024 [5] - Consolidated net income for the fourth quarter was $8.9 million, or $0.91 per diluted share, compared to $10.1 million, or $1 per diluted share in the fourth quarter of 2024 [20] - For the full year 2025, consolidated net income was a record $35.4 million, or $3.56 per diluted share, compared to $34.2 million, or $3.40 per diluted share in 2024 [22] Business Segment Performance - Revenue from the Water Transmission Systems (WTS) segment totaled a record $350.9 million in 2025, up 3.8% year-over-year, with increased margins [5] - Precast revenue increased 13.3% year-over-year to a new annual record of $175.1 million, driven by an 8% improvement in sales volume [8] - WTS gross profit reached a record $67.1 million, up 7.2% from 2024, resulting in a gross margin of 19.1%, up from 18.5% in 2024 [7] - Precast gross profit increased 11.3% year-over-year to $36.5 million, resulting in a gross margin of 20.8%, down modestly from 21.2% in 2024 [9] Market Data and Trends - The commercial sector was up 45%, and the institutional sector was up 60%, indicating positive signals for non-residential construction activity in 2026 and into 2027 [8] - The Dodge Momentum Index increased by 50% in December 2025 compared to December 2024, reflecting strengthening leading indicators [8] - The company expects the 2026 bidding environment to be relatively consistent with 2025, supported by a robust WTS backlog and elevated bidding levels [15] Company Strategy and Industry Competition - The company is making targeted organic investments to expand capacity and enhance efficiency, including the acquisition of Boughton's Precast to establish a presence in the Colorado market [12][13] - The strategy includes expanding Precast capabilities across the network and pursuing disciplined M&A opportunities to accelerate growth [12] - The company aims to maintain a focus on margin over volume and return value to shareholders when M&A opportunities are limited [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a strong 2026, with expectations for higher revenue and improved margins in both WTS and Precast segments despite potential weather-related impacts [14][15] - The leadership team highlighted the importance of safety and operational excellence as central to achieving record results in 2025 [20][31] - Management noted that the integration of Boughton's Precast is expected to be smoother than previous acquisitions, with a focus on cultural alignment and operational integration [70][72] Other Important Information - The company repaid $27.4 million of debt in 2025, ending the year with significant liquidity [13] - Free cash flow totaled $47.1 million in 2025, exceeding expectations and compared to $34.3 million in 2024 [29] - The company anticipates total capital expenditures for 2026 to be in the range of $20 million to $24 million, including investments to support Precast growth [29] Q&A Session Summary Question: Can you provide insights on margin expectations for 2026? - Management indicated a steady climb in margins for both WTS and Precast segments, with a strong backlog and healthy bidding environment expected to support this [38][40] Question: Will there be additional capital investments for the Boughton's acquisition? - Management confirmed that some capital will be needed, but they expect to double the size of the Boughton's business within 2-3 years with limited investment [42][43] Question: What are the growth opportunities in the Colorado market? - Management highlighted significant growth potential in Colorado, particularly in El Paso County, and indicated interest in further roll-up opportunities in the market [49][50] Question: Is there incremental demand from the private sector, particularly data centers? - Management noted increased demand from data centers on the Precast side, with several ongoing projects related to water management solutions for these facilities [51][53] Question: How will the acquisition impact the company's financial model? - Management stated that the acquisition will be financed through the line of credit, with plans to pay it down quickly [68][69]

Financial Performance - For the quarter ended December 2025, NWPX Infrastructure reported revenue of $125.64 million, reflecting a 5% increase year-over-year [1] - The earnings per share (EPS) was $0.93, down from $1.00 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $121.52 million by 3.39% [1] - The company delivered an EPS surprise of 50%, with the consensus EPS estimate being $0.62 [1] Key Metrics - Net Sales for Precast Infrastructure and Engineered Systems reached $41.66 million, surpassing the average estimate of $38.18 million by two analysts, marking a year-over-year change of 12.2% [4] - Net Sales for Water Transmission Systems amounted to $83.98 million, slightly above the average estimate of $83.34 million [4] - Gross profit for Water Transmission Systems was reported at $17.8 million, exceeding the estimated $14.46 million [4] - Gross profit for Precast Infrastructure and Engineered Systems was $8.96 million, compared to the average estimate of $8.02 million [4] Stock Performance - Shares of NWPX Infrastructure have returned 11.9% over the past month, significantly outperforming the Zacks S&P 500 composite's 0.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]

INVESTOR PRESENTATION www.nwpx.com February 2026 JULY 2024 INVESTOR PRESENTATION | 2 INVESTOR PRESENTATION | 3 ABOUT NWPX 1966 Founded in Headquartered in Vancouver, WA Widely-recognized reputation for quality, service, and manufacturing capabilities FORWARD LOOKING STATEMENTS LEGAL STATEMENTS Statements in this presentation contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended, that ...