NWPX (NWPX)
Builds water-transmission pipe and precast systems for public and private infrastructure projects.
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Manufactures engineered water-transmission pipe and precast infrastructure products for drinking-water, wastewater, stormwater, and environmental projects. The business combines legacy Northwest Pipe steel pressure-pipe work with acquired Geneva and ParkUSA precast lines, and depends on project timing, competitive bidding, and raw-material inputs.
Manufactures large-diameter steel pipeline systems for drinking-water infrastructure under the Northwest Pipe Company brand. The Water Transmission Systems arm also serves hydroelectric, wastewater, seismic-resiliency, industrial piping, and structural uses with steel casing, bar-wrapped concrete pipe, joints, and fittings.
Extends that water focus through Precast Infrastructure and Engineered Systems, including NWPX Geneva and NWPX Park. These lines supply stormwater and wastewater technology products, reinforced concrete pipe, manholes, box culverts, vaults, catch basins, pump lift stations, oil-water separators, biofiltration units, and other engineered solutions.
Operates mainly in North America with U.S. and Mexico manufacturing exposure, and sells through contractors tied to public agencies and local development work. The business depends on public water-transmission funding, contract backlog conversion, competitive bids, steel and other raw-material inputs, substitute pipe materials, and acquisition integration.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Oct 31, 2025 | DA Davidson | Reiterate | Rating: —Target: $60 | Target: $70 |
| Nov 1, 2024 | Northland Capital Markets | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $19.3M · Total debt $100.6M · Total assets $651.9M · Shareholders' equity $418.6M
- Revenue
- $159.5M
- Operating income
- $21.2M
- Net income
- $15.8M
No dividends on record.
| Institutions | ≈ 88.16% | 8.50M shares | |
|---|---|---|---|
| 235 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 3.29% | 317.4K shares | |
| 13 holders · as of Sep 23, 2026 | |||
| Other | ≈ 8.55% | 824.1K shares | |
| remainder | |||
9.64M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 9.37% | 902,793 | as of Jun 30, 2026 |
Dimensional Fund Advisors LPInstitution | 6.59% | 635,262 | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 6.10% | 588,097 | as of Jun 30, 2026 |
Global X Management Company LLCInstitution | 5.96% | 574,423 | filed May 15, 2025 |
Vanguard Capital Management LLCInstitution | 4.27% | 411,242 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 21, 2026 | Keith R. Larson | director | −1,000 | $102.31 |
| Sep 21, 2026 | Aaron Wilkins | officer: CFO | −20 | $101.93 |
| Sep 14, 2026 | Keith R. Larson | director | −1,000 | $101.12 |
| Sep 14, 2026 | Aaron Wilkins | officer: CFO | −1,950 | $100.68 |
| Sep 9, 2026 | Michael C. Franson | director | −3,500 | $105.30 |
- CRH
Direct precast and water-infrastructure scale through Oldcastle
- Advanced Drainage Systems
Plastic stormwater and wastewater systems against precast lines
- Mueller Water Products
Municipal water-network hardware and pipe repair overlap
- Tenaris (ADR)
Global steel-tube supplier overlapping industrial pipe use cases
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NWPX | $102.13 | −1.16% | $995.8M | 20.7 | 20.3 | 1.7 | +19.7% |
| CRH | $85.95 | −2.37% | $58.83B | — | — | — | +5.6% |
| Advanced Drainage Systems | $130.61 | −0.09% | $10.02B | 22.6 | 20.5 | 3.1 | +20.6% |
| Mueller Water Products | $21.85 | −0.79% | $3.45B | 15.6 | 14.1 | 2.3 | +4.1% |
| Tenaris (ADR) | $55.79 | +0.67% | $29.74B | 15.1 | 14.5 | 2.5 | −5.1% |
| Median | 15.6 | 14.5 | 2.5 | +4.8% |






