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NWPX Infrastructure, Inc. (NWPX) Acquires Boughton’s Precast
Yahoo Finance· 2026-03-01 12:44
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]