Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Irma Lockridge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 24
NWPX Infrastructure, Inc., Annual General Meeting, Jun 10, 2026 NWPX Infrastructure, Inc., Annual General Meeting, Jun 10, 2026. Announcement • Apr 16
NWPX Infrastructure, Inc. to Report Q1, 2026 Results on Apr 29, 2026 NWPX Infrastructure, Inc. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026 Announcement • Feb 24
NWPX Infrastructure, Inc. (NasdaqGS:NWPX) acquired Boughton's Precast, Inc. from a family. NWPX Infrastructure, Inc. (NasdaqGS:NWPX) acquired Boughton's Precast, Inc. from a family on February 23, 2026. The business will operate under the NWPX Precast name. The transaction is expected to be immediately accretive to earnings.
NWPX Infrastructure, Inc. (NasdaqGS:NWPX) completed the acquisition of Boughton's Precast, Inc. from a family on February 23, 2026. Announcement • Feb 12
NWPX Infrastructure, Inc. to Report Q4, 2025 Results on Feb 25, 2026 NWPX Infrastructure, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Announcement • Jan 30
Nwpx Infrastructure Announces Executive Promotions NWPX Infrastructure announced a series of strategic leadership promotions across the Company. Eric Stokes has been promoted to Senior Vice President and WTS Group President. He will continue to have commercial and operating responsibility for the WTS segment, which includes all sales, engineering, quality, and production for the Company's WTS plants in North America. His broadened responsibilities will now include operating and commercial oversight for the Company's Permalok steel casing pipe plant in St. Louis, Missouri as well as corporate and WTS purchasing. Eric joined NWPX in 2008 and has played a critical role in strengthening performance across the WTS segment. Jesus Tanguis has been promoted to Senior Vice President/General Manager of Precast. Since joining the Company in January 2024 as Vice President/General Manager of NWPX Geneva, Jesus has steadily grown the Utah Precast business and improved its operational performance. Moving forward, Jesus will have operating and commercial oversight for both NWPX Geneva and NWPX Park. Justin Fraughton has been promoted to Vice President and General Manager of NWPX Geneva and will now provide commercial and operating oversight to the Company's three Utah facilities. Justin started with NWPX Geneva in 1998 and has since taken on roles of increasing responsibility with his last role as Multi-Site Operations Manager. Announcement • Jan 23
NWPX Infrastructure, Inc. Announces Executive Changes NWPX Infrastructure, Inc. announced that on January 15, 2026, Miles Brittain, Executive Vice President of NWPX Infrastructure, Inc. informed the Company that he will retire on April 3, 2026. Mike Wray has been named Executive Vice President, effective January 19, 2026, allowing for his immediate assumption of duties required of that role as well as to assist with various transition priorities up to Mr.Brittain’s retirement date. Mr.Wray, 52, served as Senior Vice President and General Manager of Precast Infrastructure and Engineered Systems from November 2021 to January 2026 and as Vice President and General Manager of Geneva from February 2020 to October 2021. Prior to that, Mr.Wray had extensive operational experience within Water Transmission Systems, most recently as its Senior Director of Operations from September 2018 to January 2020. Prior to joining the Company in 2007, Mr.Wray spent two years with Continental Pipe Company and nine years with Megadiamond, now owned by Element Six, a De Beers company. Announcement • Jan 09
Northwest Pipe Company's Innovative Radial Bending Joint Makes Its Florida Debut in Water Pipeline Project NWPX Infrastructure announced the first commercial use of its Permalok Radial Bending Joint (RBJ) in a major water pipeline project. The patent-pending RBJ technology allows steel casing pipe to be installed along a curved path in microtunneling applications. This engineered advancement creates more opportunities for maneuverability in congested tunnel alignments, allowing the pipe path to bend and adapt to specific site conditions which could include existing utility lines, monuments, and building foundations. Additional benefits include a smaller jobsite footprint, fewer shafts, and more precise execution of tunneling over longer distances. Northwest Pipe Company is supplying 5,764 linear feet of Permalok steel casing pipe for the South Hillsborough Pipeline project, which includes 18 underground crossings. The project, managed by Tampa Bay Water, will deliver up to an additional 65 million gallons of water per day from a regional treatment facility east of Tampa to a water treatment plant in Lithia and a future drinking water facility near Balm. Garney serves as the project's construction manager, and Huxted Trenchless is the microtunneling contractor. The curved RBJ segment allows Tampa Bay Water to install microtunneling shafts within their prescribed bore path alignments, which are along easements and rights of ways. This eliminates additional shafts that would be required if the pipe were to be installed in straight segments. Announcement • Dec 18
NWPX Infrastructure, Inc. (NasdaqGS:NWPX) announces an Equity Buyback for $10 million worth of its shares. NWPX Infrastructure, Inc. (NasdaqGS:NWPX) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. Announcement • Oct 16
NWPX Infrastructure, Inc. to Report Q3, 2025 Results on Oct 29, 2025 NWPX Infrastructure, Inc. announced that they will report Q3, 2025 results After-Market on Oct 29, 2025 Announcement • Jul 25
NWPX Infrastructure, Inc. to Report Q2, 2025 Results on Aug 07, 2025 NWPX Infrastructure, Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Announcement • Apr 28
Northwest Pipe Company, Annual General Meeting, Jun 12, 2025 Northwest Pipe Company, Annual General Meeting, Jun 12, 2025. Announcement • Apr 17
Northwest Pipe Company to Report Q1, 2025 Results on Apr 30, 2025 Northwest Pipe Company announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Feb 13
Northwest Pipe Company to Report Q4, 2024 Results on Feb 26, 2025 Northwest Pipe Company announced that they will report Q4, 2024 results on Feb 26, 2025 Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to €49.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Construction industry in Europe. Total returns to shareholders of 103% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €93.93 per share. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: US$1.03 (vs US$0.58 in 3Q 2023) Third quarter 2024 results: EPS: US$1.03 (up from US$0.58 in 3Q 2023). Revenue: US$130.2m (up 9.7% from 3Q 2023). Net income: US$10.3m (up 76% from 3Q 2023). Profit margin: 7.9% (up from 4.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Construction industry in Europe. Announcement • Oct 17
Northwest Pipe Company to Report Q3, 2024 Results on Oct 30, 2024 Northwest Pipe Company announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 Reported Earnings • Aug 01
Second quarter 2024 earnings released: EPS: US$0.87 (vs US$0.74 in 2Q 2023) Second quarter 2024 results: EPS: US$0.87 (up from US$0.74 in 2Q 2023). Revenue: US$129.5m (up 11% from 2Q 2023). Net income: US$8.62m (up 16% from 2Q 2023). Profit margin: 6.7% (up from 6.4% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 4.8% growth forecast for the Construction industry in Europe. Announcement • Jul 18
Northwest Pipe Company to Report Q2, 2024 Results on Jul 31, 2024 Northwest Pipe Company announced that they will report Q2, 2024 results After-Market on Jul 31, 2024 Reported Earnings • May 02
First quarter 2024 earnings released: EPS: US$0.53 (vs US$0.24 in 1Q 2023) First quarter 2024 results: EPS: US$0.53 (up from US$0.24 in 1Q 2023). Revenue: US$113.2m (up 14% from 1Q 2023). Net income: US$5.24m (up 122% from 1Q 2023). Profit margin: 4.6% (up from 2.4% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Buy Or Sell Opportunity • Apr 26
Now 21% undervalued Over the last 90 days, the stock has risen 7.4% to €29.20. The fair value is estimated to be €36.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 7.1% per annum over the same time period. Announcement • Apr 19
Northwest Pipe Company to Report Q1, 2024 Results on May 01, 2024 Northwest Pipe Company announced that they will report Q1, 2024 results After-Market on May 01, 2024 Buy Or Sell Opportunity • Apr 19
Now 21% undervalued Over the last 90 days, the stock has risen 17% to €29.60. The fair value is estimated to be €37.35, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 7.1% per annum over the same time period. Announcement • Apr 05
Northwest Pipe Company, Annual General Meeting, Jun 13, 2024 Northwest Pipe Company, Annual General Meeting, Jun 13, 2024. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €30.60, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €36.93 per share. Buy Or Sell Opportunity • Mar 06
Now 22% undervalued Over the last 90 days, the stock has risen 6.5% to €26.40. The fair value is estimated to be €33.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 3.0% per annum. Earnings are also forecast to grow by 7.8% per annum over the same time period. New Risk • Mar 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.7% Last year net profit margin: 6.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Announcement • Feb 21
Northwest Pipe Company to Report Q4, 2023 Results on Mar 04, 2024 Northwest Pipe Company announced that they will report Q4, 2023 results After-Market on Mar 04, 2024 Announcement • Nov 04
Northwest Pipe Company (NasdaqGS:NWPX) announces an Equity Buyback for $30 million worth of its shares. Northwest Pipe Company (NasdaqGS:NWPX) announces a share repurchase program. Under the program, the company will repurchase up to $30 million worth of its shares. Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: US$0.58 (vs US$1.00 in 3Q 2022) Third quarter 2023 results: EPS: US$0.58 (down from US$1.00 in 3Q 2022). Revenue: US$118.7m (down 3.5% from 3Q 2022). Net income: US$5.82m (down 42% from 3Q 2022). Profit margin: 4.9% (down from 8.1% in 3Q 2022). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Construction industry in Germany. Announcement • Oct 20
Northwest Pipe Company to Report Q3, 2023 Results on Nov 02, 2023 Northwest Pipe Company announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Buying Opportunity • Oct 03
Now 21% undervalued Over the last 90 days, the stock is up 1.4%. The fair value is estimated to be €35.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 7.2%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 3.6% per annum over the same time period. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: US$0.74 (vs US$0.97 in 2Q 2022) Second quarter 2023 results: EPS: US$0.74 (down from US$0.97 in 2Q 2022). Revenue: US$116.4m (down 1.8% from 2Q 2022). Net income: US$7.45m (down 23% from 2Q 2022). Profit margin: 6.4% (down from 8.2% in 2Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 2.8% growth forecast for the Construction industry in Germany. Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. Independent Director Irma Lockridge was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jul 22
Northwest Pipe Company to Report Q2, 2023 Results on Aug 02, 2023 Northwest Pipe Company announced that they will report Q2, 2023 results on Aug 02, 2023 Announcement • Jun 25
Northwest Pipe Company(NasdaqGS:NWPX) dropped from Russell Small Cap Comp Growth Index Northwest Pipe Company(NasdaqGS:NWPX) dropped from Russell Small Cap Comp Growth Index Reported Earnings • May 06
First quarter 2023 earnings released: EPS: US$0.24 (vs US$0.36 in 1Q 2022) First quarter 2023 results: EPS: US$0.24 (down from US$0.36 in 1Q 2022). Revenue: US$99.1m (down 9.4% from 1Q 2022). Net income: US$2.36m (down 34% from 1Q 2022). Profit margin: 2.4% (down from 3.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 2.4% growth forecast for the Construction industry in Europe. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €29.20, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Construction industry in Europe. Simply Wall St's valuation model estimates the intrinsic value at €48.28 per share. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: US$3.14 (vs US$1.17 in FY 2021) Full year 2022 results: EPS: US$3.14 (up from US$1.17 in FY 2021). Revenue: US$457.7m (up 37% from FY 2021). Net income: US$31.1m (up 170% from FY 2021). Profit margin: 6.8% (up from 3.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.5% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 2.1%. Announcement • Nov 16
Northwest Pipe Company Introduces the Radial Bending Joint for Steel Pipe Microtunneling Northwest Pipe Company has developed the Permalok Radial Bending Joint (RBJ) that enables steel pipe to be installed in a curved radius in microtunneling applications. This patent-pending technology is a ground-breaking advancement in trenchless microtunneling construction. The Northwest Pipe Company team developed the proprietary joint design to meet a target radius curve of 800 feet during trenchless installation. Permalok steel pipe is most often used as a casing pipe for utilities and excels in trenchless jacking applications including microtunneling, pipe jacking, auger boring, and pipe ramming. The press-fit machined joints reduce field time by eliminating butt-weld joints and result in a shortened install duration and reduced field costs. To solidify the joint's validity, the Permalok RBJ has undergone Finite Element Analysis at the University of Thessaly Department of Mechanical Engineering. The Company manufactures Permalok RBJ in pipe diameters varying from 30 to 156 inches. The actual curve radius is dependent on site conditions as well as the pipe diameter and length. Reported Earnings • Nov 10
Third quarter 2022 earnings released: EPS: US$1.00 (vs US$0.50 in 3Q 2021) Third quarter 2022 results: EPS: US$1.00 (up from US$0.50 in 3Q 2021). Revenue: US$123.0m (up 45% from 3Q 2021). Net income: US$9.96m (up 101% from 3Q 2021). Profit margin: 8.1% (up from 5.8% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 4.2% p.a. on average during the next 2 years, while revenues in the Construction industry in Europe are expected to grow by 3.2%. Announcement • Oct 27
Northwest Pipe Company to Report Q3, 2022 Results on Nov 08, 2022 Northwest Pipe Company announced that they will report Q3, 2022 results at 4:00 PM, US Eastern Standard Time on Nov 08, 2022 Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: US$0.97 (vs US$0.22 in 2Q 2021) Second quarter 2022 results: EPS: US$0.97 (up from US$0.22 in 2Q 2021). Revenue: US$118.5m (up 61% from 2Q 2021). Net income: US$9.67m (up 354% from 2Q 2021). Profit margin: 8.2% (up from 2.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 8.3%, compared to a 5.5% growth forecast for the industry in Germany. Announcement • Jul 26
Northwest Pipe Company to Report Q2, 2022 Results on Aug 08, 2022 Northwest Pipe Company announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 08, 2022 
