NPK INTERNATIONAL INC (NPKI)
Industrials · Temporary worksite access and industrial equipment rental · NYSE
A temporary worksite access company that manufactures and rents recyclable composite matting systems primarily to power transmission, oil and gas, and renewable energy sectors, with a 66% rental-based recurring revenue model.
What NPK INTERNATIONAL INC does
NPK International Inc. manufactures, sells, and rents recyclable composite matting products used for temporary worksite access solutions. The company generates 66% of revenues from rental of its composite mats and related site construction/restoration services, primarily serving power transmission, oil and gas, pipeline, renewable energy, and petrochemical sectors. The remaining 34% comes from product sales to customers globally, with power transmission as the primary end market. Operations span the United States and United Kingdom.
Themes: ["Infrastructure and construction","Power transmission and grid modernization","Oil and gas services","Renewable energy support","Equipment rental services"]
Fundamentals
- Price$14.43 as of 2026-07-09 close
- Market cap$1.2B as of 2026-07-10
- 1-year return+68.8% as of 2026-07-09 close
- P/E31.18 as of 2026-07-10
- Net margin+13.7% as of 2026-07-10
- Gross margin+35.7% as of 2026-07-10
- ROE+11.5% as of 2026-07-10
- Debt / equity0.03 as of 2026-07-10
- Revenue growth (YoY)-16.8% as of 2026-07-10
- Revenue CAGR (3y)+12.8% SEC XBRL
- Beta1.29 as of 2026-07-10
Key risks (from latest filing)
["Revenue concentration: approximately 74% of 2025 revenues derived from 20 largest customers, with top three customers representing 19%, 15%, and 10% respectively; customer agreements are typically cancellable on short notice","Revenue decline: year-over-year revenue growth declined 16.84%, indicating cyclical pressure from infrastructure construction and maintenance activity levels","Geographic and sector exposure: demand highly dependent on infrastructure construction activity and grid reliability investments in the United States and United Kingdom; approximately 60% of rental revenues concentrated in power transmission sector"]
Competitors & peers
- Superior Energy Services (SPN)
- USA Compression Partners (USU)
- Wesco International (WCC)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.