National Presto Industries, Inc. (NPK) AI Stock Analysis

NYSE: NPKAI research summary: business, growth, valuation, analysts, bull and bear case.

NPK AI stock analysis summary

AI Research

National Presto Industries, Inc. (NPK) manufactures housewares, small appliances, defense products, and safety systems. The company generated $544.7M in trailing twelve-month revenue, with latest quarterly earnings expanding 207.0% year-over-year. The balance sheet maintains a low debt profile with $7.1M in net cash and a current ratio of 5.22.

Market cap
$1.06B
Revenue (TTM)
$544.7M
P/E
24.9x
fwd 9.8x
1Y return
36.8%
S&P 500 16.8%
Avg. target
$162.00
8.7% vs last close

Bull case

  • Quarterly earnings surged 207.0% year-over-year in the quarter ended June 30, 2026, alongside 21.7% revenue growth.
  • The company maintains a strong liquidity position with $7.1M in net cash and a current ratio of 5.22.
  • NPK trades at a forward P/E of 9.8x, well below the 17.2x median of its US-listed Industrials peers.

Bear case

  • Free cash flow remained negative at -$36.2M in FY2025 following -$61.0M in FY2024.
  • Gross margin compressed to 16.0% in FY2025 from 20.2% in FY2024, lowering annual net income to $33.1M.
  • Analyst revenue estimates for the fiscal year ending December 31, 2026, sit at $499.0M, which is below the $503.5M reported in FY2025.

What National Presto Industries does

National Presto Industries operates across three distinct segments: Housewares/Small Appliance, Defense, and Safety. Its Housewares/Small Appliance unit designs, markets, and distributes pressure cookers, canners, skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand, alongside small electric appliances like air fryers and slow cookers. The Defense segment produces 40mm ammunition, precision mechanical and electro-mechanical items, medium caliber cartridge cases, and energetic devices such as detonators and booster pellets for the United States Department of Defense and prime contractors. Its Safety segment develops monitoring technologies using machine learning and digital sensors.

Growth and profitability

Revenue grew from $355.8M in FY2021 to $503.5M in FY2025, delivering a 5-year revenue CAGR of 7.4%. While revenue fell 9.6% in FY2022 to $321.6M, it rebounded 6.0% in FY2023, 13.9% in FY2024, and 29.7% in FY2025. Gross margin contracted to 16.0% in FY2025 from 20.2% in FY2024, and net income decreased to $33.1M from $41.5M, yielding a net margin of 6.6%. Over the trailing twelve months, revenue reached $544.7M with EPS of $5.98. For the latest quarter ended June 30, 2026, quarterly revenue increased 21.7% year-over-year, while quarterly earnings surged 207.0%.

NPK income statement →

Balance sheet and cash flow

As of June 30, 2026, National Presto held $16.3M in cash and short-term investments against $9.2M in total debt, leaving net cash of $7.1M. Shareholders' equity stood at $411.3M, yielding a debt-to-equity ratio of 0.02 and a current ratio of 5.22. Operating cash flow in FY2025 was -$9.1M, leading to free cash flow of -$36.2M after capital expenditures of $27.0M. During FY2025, the company paid $7.1M in dividends and raised $120,000 from share issuance.

NPK balance sheet →

Valuation and performance

At a market capitalization of $1.06B and enterprise value of $1.04B, NPK trades at a trailing P/E of 24.9x, near the 24.8x median of its US-listed Industrials peers. Its forward P/E of 9.8x sits below the peer median of 17.2x, while its price-to-sales of 2.0x is above the peer median of 1.5x. EV-to-EBITDA stands at 18.3x versus the peer median of 13.9x. Over the past year, the stock returned 36.8%, outperforming the 16.8% return for the S&P 500, while its 5-year return reached 89.8% compared to 83.0% for the index.

NPK key metrics →

NPK dividend

NPK pays an annual dividend with a forward rate of $1.00 per share, representing a dividend yield of 0.67%. Its payout ratio is 22.2%, supported by 13 consecutive years of dividend payments. Over the past five years, dividend growth annualized at 0.0%. The last ex-dividend date was March 9, 2026.

NPK dividend history →

What analysts expect

Wall Street coverage is limited to 1 Hold rating, with 0 Buy and 0 Sell ratings. The mean price target is $162.00, representing an 8.7% upside compared to the last close of $149.05. For the fiscal year ending December 31, 2026, analysts estimate EPS of $6.57, representing 41.9% growth, on revenue of $499.0M. For the next fiscal year, consensus models EPS of $7.21 on revenue of $551.9M. The next earnings date is October 26, 2026.

NPK forecast and price target →

Key risks and what to watch

  • Operating cash flow was negative at -$9.1M in FY2025, which may constrain ongoing capital expenditures that totaled $27.0M.
  • The stock carries a short interest representing 6.6% of its float, which could create trading volatility.
  • Revenue fluctuates substantially across cycles, having dropped 9.6% in FY2022 before rising 29.7% in FY2025.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this NPK AI stock analysis

This page is an AI-written research summary of National Presto Industries, Inc. (NPK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: NPK income statement, NPK balance sheet, NPK key metrics, NPK analyst forecast, NPK chart. See the NPK stock overview for the latest quote and news.

NPK AI stock analysis FAQ

Does National Presto Industries pay a dividend?

Yes, National Presto pays an annual dividend with a forward rate of $1.00 per share, yielding 0.67%. It has paid dividends for 13 consecutive years with a payout ratio of 22.2%.

What is National Presto's valuation compared to peers?

NPK trades at a forward P/E of 9.8x, lower than the US-listed Industrials peer median of 17.2x. However, its EV-to-EBITDA of 18.3x and price-to-sales of 2.0x trade above peer medians of 13.9x and 1.5x.

How has NPK stock performed compared to the S&P 500?

Over the past year, NPK delivered a return of 36.8%, exceeding the S&P 500 return of 16.8%. Over a 5-year period, NPK gained 89.8% compared to 83.0% for the index.

What are analysts forecasting for National Presto's earnings?

Analysts project EPS of $6.57 for the fiscal year ending December 31, 2026, representing 41.9% growth. The single analyst covering the stock has a mean price target of $162.00.

More Industrials AI stock analysis