NPK International (NPKI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

NPK International

NYSE•Industrials•Building Products & Equipment

$11.20-0.10(-0.01%)Pre-market

Market Cap

$773.29M

P/E

17.9x

P/S

2.5x

P/B

2.1x

NPK International Inc., a temporary worksite access solutions company, manufactures, sells, and rents recyclable composite matting products in the United States and the United Kingdom. The company engages in the installation and rental of matting systems, and related site construction and services to customers in various markets, including power transmission, oil and natural gas exploration and production, pipeline, renewable energy, petrochemical, construction, and other industries. It also offers recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was formerly known as Newpark Resources, Inc. and changed its name to NPK International Inc. in December 2024. The company was founded in 1932 and is headquartered in The Woodlands, Texas.

How this company scores

GoodMetricSide Score: 71/100

Strongest: Growth (25/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability15/25

Growth25/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality18/25

Strengths

Growing revenueRising free cash flowStrong marginsRising earnings

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.9x5y range 17.9x – 38.5x

Currently below its 9-quarter median.

P/S · 2.5x5y range 0.7x – 301.7x

Currently above its 20-quarter median.

P/B · 2.1x5y range 1.3x – 3.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.2x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $773.29M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $308.13M
Q. Revenue: $76.28M
TTM EBITDA: $97.38M
TTM Op. Income: $52.24M
Q. Op. Income: $9.16M
TTM Net Income: $43.14M
Q. Net Income: $6.11M
EPS: $0.07
Shares Out.: $84.42M

$308.13M in TTM revenue grew 1040.6% YoY, reaching $76.28M last quarter. TTM EBITDA of $97.38M and TTM operating income of $52.24M show growth is flowing through to the bottom line. TTM net income of $43.14M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 31.3%
EBITDA Margin: 23.6%
Op. Margin: 12.0%
Net Margin: 8.0%

Op. margin of 12.0% is down 1.1% YoY — costs are rising relative to revenue. Net margin at 8.0% and gross margin of 31.3% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 9% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.9x
P/S Ratio: 2.5x
P/B Ratio: 2.1x

At 17.9x P/E, the stock trades within typical market levels. P/S of 2.5x and P/B of 2.1x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 38% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $465.64M
Cash: $4.23M
Long-Term Debt: $21.23M
Book Value: $366.09M
D/E Ratio: 0.1
Debt/EBITDA: 1.2

With $465.64M in assets and $21.23M in long-term debt, D/E is 0.1and book value is $366.09M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 228% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $7.12M
TTM Free Cash Flow: $10.38M
FCF Margin: 3.4%
FCF / Net Income: 0.2

TTM FCF of $10.38M on $7.12M in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has fallen for 2 consecutive quarters — a weakening trend.