Earnings summaries and quarterly performance for NWPX Infrastructure.
Executive leadership at NWPX Infrastructure.
Scott Montross
Detailed
President and Chief Executive Officer
CEO
AW
Aaron Wilkins
Detailed
Senior Vice President, Chief Financial Officer, and Corporate Secretary
ES
Eric Stokes
Detailed
Senior Vice President and General Manager of Engineered Steel Pressure Pipe
MW
Michael Wray
Detailed
Senior Vice President and General Manager of Precast Infrastructure and Engineered Systems
MB
Miles Brittain
Detailed
Executive Vice President
Board of directors at NWPX Infrastructure.
Research analysts who have asked questions during NWPX Infrastructure earnings calls.
EJ
Edward Jackson
Northland Securities, Inc.
4 questions for NWPX
Also covers: ALNT, ALTG, AMPX +8 more
Julio Romero
Sidoti & Company, LLC
4 questions for NWPX
Also covers: AAON, ACA, APOG +14 more
Brent Thielman
D.A. Davidson
3 questions for NWPX
Also covers: AAON, ACA, APOG +27 more
David Wright
Bank of America Merrill Lynch
1 question for NWPX
Also covers: ACET, AP, LBTYA +4 more
JP
Jean Paul Ramirez
D.A. Davidson & Co.
1 question for NWPX
Also covers: BBCP, DY, GVA +5 more
Recent press releases and 8-K filings for NWPX.
Williams Reports Strong Third-Quarter 2025 Results
NWPX
Earnings
Guidance Update
New Projects/Investments
- Williams announced strong third-quarter 2025 financial results, with Adjusted EBITDA increasing 13% to $1.920 billion and Adjusted Net Income rising 14% to $603 million compared to the third quarter of 2024.
- The company advanced key growth projects, placing Transco's Alabama Georgia Connector and Commonwealth Energy Connector, Northwest Pipeline's Stanfield South project, and Gulf deepwater Shenandoah and Salamanca expansions into service. The scope of the Socrates project was also expanded by approximately $400 million to $2 billion.
- Williams reaffirmed its 2025 Adjusted EBITDA guidance midpoint of $7.750 billion and increased its 2025 growth capital expenditures by $500 million to a range of $3.95 billion to $4.25 billion.
Nov 3, 2025, 9:15 PM
NWPX Reports Record Q3 2025 Financial Results
NWPX
Earnings
Revenue Acceleration/Inflection
Guidance Update
- NWPX reported record-setting results for Q3 2025, with consolidated net sales reaching $151.1 million, a 16% increase year-over-year, and EPS growing 35% to $1.38 per share.
- The Water Transmission Systems (WTS) segment achieved record net sales of $103.9 million, a 20.9% increase year-over-year, driven by strong customer demand and disciplined pricing strategies.
- The company generated over $21 million in operating cash flow during the quarter.
- WTS backlog stood at $301 million at quarter-end, with expectations to remain above $300 million through year-end due to anticipated strong bidding activity in Q4 2025, setting up a strong entry into 2026.
- Management anticipates that IIJA funding will lead to a more stable, extended market for Water Transmission Systems rather than a sharp spike, which is considered better for long-term business stability and improved performance.
Oct 30, 2025, 2:00 PM
NWPX Infrastructure, Inc. Announces Strong Third Quarter 2025 Financial Results
NWPX
Earnings
Revenue Acceleration/Inflection
Share Buyback
- NWPX Infrastructure, Inc. reported record net sales of $151.1 million, an increase of 16.0% year-over-year, and record gross profit of $32.2 million, up 19.0% year-over-year, for the third quarter ended September 30, 2025.
- The company achieved net income of $13.5 million, or $1.38 per diluted share, for Q3 2025.
- The Water Transmission Systems (WTS) segment delivered record net sales of $103.9 million, a 20.9% year-over-year increase, and its backlog including confirmed orders was $301 million as of September 30, 2025.
- Net cash provided by operating activities totaled $21.0 million in the third quarter of 2025.
- The company repurchased $15.8 million of common stock year-to-date through September 2025, representing 3.8% of its shares outstanding.
Oct 29, 2025, 8:22 PM
NWPX Infrastructure, Inc. Announces Strong Third Quarter 2025 Financial Results
NWPX
Earnings
Revenue Acceleration/Inflection
Share Buyback
- NWPX Infrastructure, Inc. reported record net sales of $151.1 million for the third quarter ended September 30, 2025, marking a 16.0% increase year-over-year, and achieved record gross profit of $32.2 million, up 19.0% year-over-year.
- The company's net income for Q3 2025 was $13.5 million, or $1.38 per diluted share, compared to $10.3 million, or $1.02 per diluted share, in the third quarter of 2024.
- The Water Transmission Systems (WTS) segment contributed significantly with record net sales of $103.9 million, a 20.9% increase year-over-year, and its backlog including confirmed orders was $301 million as of September 30, 2025.
- NWPX generated $21.0 million in operating cash flow during the third quarter of 2025 and repurchased $15.8 million of common stock year-to-date through September 2025, representing 3.8% of the Company's shares outstanding.
Oct 29, 2025, 8:15 PM
NWPX Infrastructure Discusses Strategic Growth, M&A, and Market Outlook
NWPX
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- NWPX Infrastructure, formerly Northwest Pipe Company, focuses on two main business units: Water Transmission Systems and Precast infrastructure. The Precast business, acquired in January 2020, is a key area for future growth.
- The company aims to grow its Precast business to $200 million and the overall business to $1 billion, primarily through M&A in the fragmented Precast market. To facilitate this, NWPX is willing to increase its debt leverage from approximately 0.6x to 2x-2.5x, or potentially up to 3x for a transformational acquisition.
- The Water Transmission Systems business anticipates a strong backlog for 2026, driven by a significant bidding quarter in Q4 2025. The company expects IIJA funding to boost demand and potentially increase margins in this segment to 20%.
- The Precast business is experiencing varied trends: the Utah-based residential segment (Geneva) grew from $41 million in revenue in 2020 to $82 million in 2024 and remains strong, while the Texas-based ParkUSA business is recovering from interest rate impacts with improving margins. A "product spread" strategy is projected to generate $12 million in bookings this year.
Sep 18, 2025, 7:40 PM
Northwest Pipe Company Reports Record 2024 Financial Performance and Provides 2025 Outlook
NWPX
Earnings
Guidance Update
Share Buyback
- Northwest Pipe Company delivered record annual net sales of $492.5 million in 2024, an increase of 10.8% over 2023, and achieved record consolidated net income of $34.2 million, or $3.40 per diluted share.
- For the fourth quarter of 2024, consolidated net sales increased 8.6% to $119.6 million, with net income reaching $10.1 million, or $1.00 per diluted share.
- The company reported a record consolidated gross profit of $95.4 million in 2024, resulting in a 19.4% gross margin, an increase from 17.5% in 2023.
- As of December 31, 2024, the Steel Pressure Pipe (SPP) backlog grew to $310 million and the precast order book surged to $61 million, indicating strong momentum for 2025.
- For the full year 2025, the company anticipates free cash flow to range between $23 million and $30 million and expects to implement a new share buyback program in the coming months.
Feb 27, 2025, 3:00 PM
Quarterly earnings call transcripts for NWPX Infrastructure.
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