EnPro Industries, Inc. (NPO) Balance Sheet
NPO balance sheet, 2025
December 31, 2025 · U.S. dollars$2.66B assets = $1.12B liabilities + $1.54B equity
Both columns are drawn to the same scale: what NPO owns equals what it owes plus shareholders’ equity. Hover a block for its value.
NPO financial health
Descriptive bands, not a rating. Fiscal 2025.
NPO balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.55B2016 | $2.66B2025 | +6.2%/yr | |
| Total liabilities | $1.19B2016 | $1.12B2025 | −0.7%/yr | |
| Shareholders’ equity | $358.5M2016 | $1.54B2025 | +17.6%/yr | |
| Cash & short-term investments | $111.5M2016 | $114.7M2025 | +0.3%/yr | |
| Total debt | $747.1M2016 | $668.0M2025 | −1.2%/yr | |
| Net cash (debt) | −$635.6M2016 | −$553.3M2025 | +$82.3M | |
| Working capital | $221.9M2016 | $249.0M2025 | +$27.1M | |
| Book value per share | $16.602016 | $73.522025 | +18.0%/yr | |
| Current ratio | 1.732016 | 2.322025 | +0.59 | |
| Debt / equity | 2.082016 | 0.432025 | −1.65 | |
| Shares outstanding | 21.6M2016 | 21.0M2025 | −0.3%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
NPO assets
NPO liabilities and equity
NPO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
NPO balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $114.7M | $236.3M | $369.8M | $334.4M | $338.1M | $229.5M | $121.2M | $129.6M | $189.3M | $111.5M |
| Cash & equivalents | $114.7M | $236.3M | $369.8M | $334.4M | $338.1M | $229.5M | $121.2M | $129.6M | $189.3M | $111.5M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $134.1M | $115.9M | $116.7M | $137.1M | $145.0M | $192.8M | $189.5M | $163.7M | $374.9M | $208.1M |
| Inventory | $153.8M | $138.8M | $142.6M | $151.9M | $135.9M | $139.1M | $157.1M | $233.1M | $204.1M | $175.4M |
| Other current assets | $35.1M | $21.3M | $21.2M | $60.8M | $185.7M | $17.6M | $281.7M | $205.6M | $51.3M | $29.9M |
| Total current assets | $437.7M | $512.3M | $650.3M | $684.2M | $804.7M | $579.0M | $749.5M | $732.0M | $819.6M | $524.9M |
| Property, plant & equipment (net) | $221.5M | $245.7M | $193.8M | $185.2M | $184.3M | $195.0M | $218.8M | $301.2M | $296.9M | $215.4M |
| Goodwill & intangible assets | $1.89B | $1.69B | $1.54B | $1.66B | $1.84B | $1.18B | $952.2M | $631.0M | $683.1M | $378.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $236.9M |
| Other non-current assets | $115.5M | $47.0M | $113.5M | $114.8M | $143.4M | $134.2M | $114.6M | $54.9M | $86.5M | $190.8M |
| Total assets | $2.66B | $2.49B | $2.50B | $2.65B | $2.97B | $2.08B | $2.04B | $1.72B | $1.89B | $1.55B |
| Liabilities | ||||||||||
| Accounts payable | $71.6M | $66.0M | $68.7M | $73.4M | $72.0M | $69.8M | $82.7M | $96.4M | $130.7M | $102.9M |
| Short-term debt | $12.9M | $26.2M | $18.1M | $24.8M | $171.5M | $13.9M | $13.4M | $2.4M | $200,000 | $39.1M |
| Deferred revenue | — | — | −$10.0M | — | — | −$14.0M | $137.3M | $7.1M | $7.1M | $5.3M |
| Total current liabilities | $188.7M | $198.0M | $196.4M | $211.5M | $386.3M | $202.0M | $313.6M | $287.1M | $268.1M | $303.0M |
| Long-term debt | $655.1M | $624.1M | $638.7M | $775.1M | $963.9M | $487.5M | $625.2M | $462.5M | $618.3M | $424.8M |
| Lease obligations | $12.7M | $10.2M | $10.0M | $9.2M | $10.0M | $10.1M | $9.3M | — | — | — |
| Other long-term liabilities | $275.3M | $240.8M | $236.8M | $248.2M | $304.0M | $267.2M | $181.4M | $106.8M | $96.9M | $460.1M |
| Total liabilities | $1.12B | $1.06B | $1.07B | $1.23B | $1.65B | $956.7M | $1.12B | $856.4M | $983.3M | $1.19B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Retained earnings (deficit) | $1.19B | $1.18B | $1.13B | $1.13B | $953.1M | $794.8M | $632.2M | $608.3M | $604.4M | $84.0M |
| Treasury stock | — | — | — | — | −$1.2M | −$1.2M | −$1.2M | −$1.3M | −$1.3M | −$1.3M |
| Accumulated other comprehensive income | $21.9M | −$65.4M | −$22.2M | −$33.3M | $14.6M | −$4.9M | −$36.4M | −$45.5M | −$48.4M | −$70.9M |
| Minority interest | — | $0 | $17.9M | $17.9M | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $1.54B | $1.43B | $1.41B | $1.40B | $1.27B | $1.08B | $886.9M | $862.7M | $902.8M | $358.5M |
| Key figures | ||||||||||
| Total debt | $668.0M | $694.7M | $656.8M | $799.9M | $1.14B | $501.4M | $638.6M | $464.9M | $618.5M | $747.1M |
| Net cash (debt) | −$553.3M | −$458.4M | −$287.0M | −$465.5M | −$797.3M | −$271.9M | −$517.4M | −$335.3M | −$429.2M | −$635.6M |
| Working capital | $249.0M | $314.3M | $453.9M | $472.7M | $418.4M | $377.0M | $435.9M | $444.9M | $551.5M | $221.9M |
| Tangible book value | −$344.4M | −$257.9M | −$132.2M | −$268.5M | −$571.9M | −$96.9M | −$65.3M | $231.7M | $219.7M | −$19.9M |
| Book value per share | $73.52 | $67.71 | $67.13 | $66.75 | $61.07 | $52.61 | $42.64 | $41.28 | $41.41 | $16.60 |
| Shares outstanding | 21.0M | 21.1M | 21.0M | 20.9M | 20.8M | 20.5M | 20.8M | 20.9M | 21.8M | 21.6M |
| Current ratio | 2.32 | 2.59 | 3.31 | 3.23 | 2.08 | 2.87 | 2.39 | 2.55 | 3.06 | 1.73 |
| Quick ratio | 1.32 | 1.78 | 2.48 | 2.23 | 1.25 | 2.09 | 0.99 | 1.02 | 2.10 | 1.05 |
| Debt / equity | 0.43 | 0.49 | 0.47 | 0.57 | 0.89 | 0.46 | 0.72 | 0.54 | 0.69 | 2.08 |
| Equity / assets | 58.0% | 57.3% | 56.4% | 52.7% | 42.7% | 51.8% | 43.6% | 50.2% | 47.9% | 23.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $77.0M | $79.2M | $114.7M | $132.9M | $107.1M | $240.3M | $236.3M | $206.9M | $175.9M | $163.9M | $369.8M | $329.8M |
| Cash & equivalents | $77.0M | $79.2M | $114.7M | $132.9M | $107.1M | $240.3M | $236.3M | $206.9M | $175.9M | $163.9M | $369.8M | $329.8M |
| Receivables | $169.6M | $163.8M | $134.1M | $139.5M | $140.9M | $144.2M | $115.9M | $134.8M | $136.2M | $134.0M | $116.7M | $119.5M |
| Inventory | $169.6M | $158.7M | $153.8M | $141.6M | $143.3M | $136.5M | $138.8M | $143.3M | $144.6M | $146.4M | $142.6M | $145.9M |
| Other current assets | $39.0M | $31.5M | $35.1M | $43.0M | $33.4M | $23.2M | $21.3M | $34.2M | $24.1M | $19.9M | $21.2M | $41.3M |
| Total current assets | $455.2M | $433.2M | $437.7M | $457.0M | $424.7M | $544.2M | $512.3M | $519.2M | $480.8M | $464.2M | $650.3M | $636.5M |
| Property, plant & equipment (net) | $228.3M | $221.3M | $221.5M | $205.4M | $198.1M | $192.1M | $245.7M | $192.1M | $192.9M | $194.7M | $193.8M | $186.0M |
| Goodwill & intangible assets | $1.85B | $1.87B | $1.89B | $1.64B | $1.66B | $1.67B | $1.69B | $1.71B | $1.74B | $1.76B | $1.54B | $1.55B |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $128.5M | $110.9M | $115.5M | $94.1M | $93.5M | $99.1M | $47.0M | $109.0M | $112.2M | $112.4M | $113.5M | $124.0M |
| Total assets | $2.66B | $2.64B | $2.66B | $2.40B | $2.38B | $2.51B | $2.49B | $2.53B | $2.52B | $2.53B | $2.50B | $2.50B |
| Liabilities | ||||||||||||
| Accounts payable | $86.7M | $80.2M | $71.6M | $64.1M | $69.6M | $59.7M | $66.0M | $61.7M | $61.8M | $60.4M | $68.7M | $63.6M |
| Short-term debt | $13.2M | $12.6M | $12.9M | $11.7M | $11.3M | $26.5M | $26.2M | $23.9M | $22.1M | $20.3M | $18.1M | $18.1M |
| Deferred revenue | — | — | — | — | — | — | — | — | $12.9M | $9.8M | $10.0M | — |
| Total current liabilities | $199.5M | $196.5M | $188.7M | $187.1M | $170.4M | $184.3M | $198.0M | $188.4M | $176.9M | $179.2M | $196.4M | $195.1M |
| Long-term debt | $575.3M | $605.2M | $655.1M | $445.0M | $464.9M | $620.4M | $624.1M | $627.8M | $649.4M | $670.0M | $638.7M | $640.5M |
| Lease obligations | $13.0M | $12.4M | $12.7M | $11.5M | $11.1M | $10.5M | $10.2M | $9.9M | $10.0M | $10.2M | $10.0M | $10.0M |
| Other long-term liabilities | $298.3M | $271.1M | $275.3M | $245.6M | $243.9M | $240.1M | $240.8M | $259.7M | $265.2M | $264.7M | $236.8M | $239.9M |
| Total liabilities | $1.07B | $1.07B | $1.12B | $877.7M | $879.2M | $1.04B | $1.06B | $1.08B | $1.09B | $1.11B | $1.07B | $1.08B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 | $200,000 |
| Retained earnings (deficit) | $1.23B | $1.21B | $1.19B | $1.23B | $1.21B | $1.19B | $1.18B | $1.17B | $1.15B | $1.13B | $1.13B | $1.14B |
| Accumulated other comprehensive income | $22.4M | $24.2M | $21.9M | −$36.8M | −$41.5M | −$51.9M | −$65.4M | −$24.5M | −$33.8M | −$25.7M | −$22.2M | −$32.6M |
| Total shareholders' equity | $1.59B | $1.56B | $1.54B | $1.52B | $1.50B | $1.46B | $1.43B | $1.46B | $1.43B | $1.41B | $1.41B | $1.41B |
| Key figures | ||||||||||||
| Total debt | $588.5M | $617.8M | $668.0M | $456.7M | $476.2M | $646.9M | $650.3M | $651.7M | $671.5M | $690.3M | $656.8M | $658.6M |
| Net cash (debt) | −$511.5M | −$538.6M | −$553.3M | −$323.8M | −$369.1M | −$406.6M | −$414.0M | −$444.8M | −$495.6M | −$526.4M | −$287.0M | −$328.8M |
| Working capital | $255.7M | $236.7M | $249.0M | $269.9M | $254.3M | $359.9M | $314.3M | $330.8M | $303.9M | $285.0M | $453.9M | $441.4M |
| Tangible book value | −$261.1M | −$307.4M | −$344.4M | −$121.2M | −$162.9M | −$209.4M | −$257.9M | −$255.6M | −$305.6M | −$342.6M | −$132.2M | −$146.9M |
| Book value per share | $75.23 | $74.06 | $73.17 | $71.41 | $70.57 | $68.95 | $67.39 | $69.09 | $67.79 | $67.01 | $67.13 | $67.04 |
| Shares outstanding | 21.1M | 21.1M | 21.1M | 21.3M | 21.2M | 21.2M | 21.2M | 21.1M | 21.1M | 21.1M | 21.0M | 21.0M |
| Current ratio | 2.28 | 2.20 | 2.32 | 2.44 | 2.49 | 2.95 | 2.59 | 2.76 | 2.72 | 2.59 | 3.31 | 3.26 |
| Quick ratio | 1.24 | 1.24 | 1.32 | 1.46 | 1.46 | 2.09 | 1.78 | 1.81 | 1.76 | 1.66 | 2.48 | 2.30 |
| Debt / equity | 0.37 | 0.40 | 0.43 | 0.30 | 0.32 | 0.44 | 0.46 | 0.45 | 0.47 | 0.49 | 0.47 | 0.47 |
| Equity / assets | 59.7% | 59.3% | 58.0% | 63.4% | 63.0% | 58.3% | 57.3% | 57.5% | 56.7% | 55.9% | 56.4% | 56.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 19, 2026); data from EODHD.
NPO financial position
At the end of fiscal 2025 (December 31, 2025), EnPro Industries had total assets of $2.7 billion (up 6.9% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $1.5 billion. It held $114.7 million in cash and short-term investments against $668.0 million of debt, net debt of $553.3 million. Its current ratio was 2.32. In the latest quarter (ended June 30, 2026) total assets were $2.7 billion and equity $1.6 billion.
Related: NPO income statement, NPO cash flow statement, NPO key metrics. See the NPO stock overview for the latest quote and news.
NPO balance sheet FAQ
What are EnPro Industries's total assets?
EnPro Industries reported total assets of $2.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.5 billion a year earlier.
How much debt does EnPro Industries have?
EnPro Industries had $668.0 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.43.
How much cash does EnPro Industries have?
EnPro Industries held $114.7 million in cash and short-term investments at the end of fiscal 2025; with $668.0 million of debt that is net debt of $553.3 million.
What is EnPro Industries's book value?
EnPro Industries's shareholders' equity (book value) was $1.5 billion at the end of fiscal 2025, or $73.52 per share.
What is EnPro Industries's current ratio?
EnPro Industries had current assets of $437.7 million and current liabilities of $188.7 million, a current ratio of 2.32 (it can cover its short-term obligations).
How much goodwill does EnPro Industries have?
EnPro Industries carried $1.9 billion of goodwill and intangible assets, 70.9% of total assets, at the end of fiscal 2025.