National Presto Industries (NPK)
Market Price (5/12/2026): $140.21 | Market Cap: $1.0 BilSector: Industrials | Industry: Aerospace & Defense
National Presto Industries (NPK)
Market Price (5/12/2026): $140.21Market Cap: $1.0 BilSector: IndustrialsIndustry: Aerospace & Defense
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30% Low stock price volatilityVol 12M is 35% Megatrend and thematic driversMegatrends include Global Security & Defense, and Aging Population & Chronic Disease. Themes include Defense Ordnance & Manufacturing, and Geriatric Care. | Trading close to highsDist 52W High is -3.9%, Dist 3Y High is -3.9% | Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -7.2% Key risksNPK key risks include [1] profitability challenges and market dependence in its housewares segment, Show more. |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 30% |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Global Security & Defense, and Aging Population & Chronic Disease. Themes include Defense Ordnance & Manufacturing, and Geriatric Care. |
| Trading close to highsDist 52W High is -3.9%, Dist 3Y High is -3.9% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -1.8%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -7.2% |
| Key risksNPK key risks include [1] profitability challenges and market dependence in its housewares segment, Show more. |
Qualitative Assessment
AI Analysis | Feedback
National Presto Industries (NPK) stock has gained about 10% since 1/31/2026 because of the following key factors:
1. Robust Performance in Defense Segment. National Presto Industries' stock experienced gains primarily driven by the strong performance of its Defense segment. For the full year 2025, consolidated sales increased by 29.7% to $503.5 million from 2024 levels, with the Defense segment sales alone rising by $121.9 million, or 42.9%. This increase was attributed to higher shipments from a sizable backlog, which also led to a 36.2% increase in Defense operating earnings. Furthermore, the company reported a significant $1.75 billion defense backlog as of April 2026, a figure that had tripled in two years and exceeded its market capitalization, underscoring sustained demand for its military products as a sole-source supplier of 40mm grenade ammunition. This trend continued into Q1 2026, with Defense segment sales up $18.6 million (23%) and operating earnings increasing by $1.1 million (8.2%) due to increased backlog shipments.
2. Positive Analyst Sentiment and Dividend Declaration. Investor confidence was bolstered by an upgrade in analyst ratings during the period. Wall Street Zen, for instance, raised its rating on National Presto Industries from "sell" to "hold" on March 22, 2026. This contributed to an overall consensus "Buy" rating for the stock. Additionally, the Board's declaration of a regular annual dividend of $1.00 per share for 2026, with a record date of March 9, 2026, and payment on March 20, 2026, signaled management's confidence in the company's cash generation capabilities, despite not issuing an extra dividend to support defense inventory funding needs.
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1. Robust Performance in Defense Segment. National Presto Industries' stock experienced gains primarily driven by the strong performance of its Defense segment. For the full year 2025, consolidated sales increased by 29.7% to $503.5 million from 2024 levels, with the Defense segment sales alone rising by $121.9 million, or 42.9%. This increase was attributed to higher shipments from a sizable backlog, which also led to a 36.2% increase in Defense operating earnings. Furthermore, the company reported a significant $1.75 billion defense backlog as of April 2026, a figure that had tripled in two years and exceeded its market capitalization, underscoring sustained demand for its military products as a sole-source supplier of 40mm grenade ammunition. This trend continued into Q1 2026, with Defense segment sales up $18.6 million (23%) and operating earnings increasing by $1.1 million (8.2%) due to increased backlog shipments.
2. Positive Analyst Sentiment and Dividend Declaration. Investor confidence was bolstered by an upgrade in analyst ratings during the period. Wall Street Zen, for instance, raised its rating on National Presto Industries from "sell" to "hold" on March 22, 2026. This contributed to an overall consensus "Buy" rating for the stock. Additionally, the Board's declaration of a regular annual dividend of $1.00 per share for 2026, with a record date of March 9, 2026, and payment on March 20, 2026, signaled management's confidence in the company's cash generation capabilities, despite not issuing an extra dividend to support defense inventory funding needs.
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Stock Movement Drivers
Fundamental Drivers
The 11.3% change in NPK stock from 1/31/2026 to 5/11/2026 was primarily driven by a 30.6% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 126.47 | 140.79 | 11.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 474 | 504 | 6.2% |
| Net Income Margin (%) | 8.2% | 6.6% | -19.7% |
| P/E Multiple | 23.3 | 30.4 | 30.6% |
| Shares Outstanding (Mil) | 7 | 7 | 0.0% |
| Cumulative Contribution | 11.3% |
Market Drivers
1/31/2026 to 5/11/2026| Return | Correlation | |
|---|---|---|
| NPK | 11.3% | |
| Market (SPY) | 3.6% | 41.6% |
| Sector (XLI) | 6.1% | 41.9% |
Fundamental Drivers
The 32.6% change in NPK stock from 10/31/2025 to 5/11/2026 was primarily driven by a 66.7% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 106.19 | 140.79 | 32.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 451 | 504 | 11.7% |
| Net Income Margin (%) | 9.2% | 6.6% | -28.8% |
| P/E Multiple | 18.3 | 30.4 | 66.7% |
| Shares Outstanding (Mil) | 7 | 7 | 0.0% |
| Cumulative Contribution | 32.6% |
Market Drivers
10/31/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| NPK | 32.6% | |
| Market (SPY) | 5.5% | 31.9% |
| Sector (XLI) | 13.6% | 38.7% |
Fundamental Drivers
The 68.1% change in NPK stock from 4/30/2025 to 5/11/2026 was primarily driven by a 111.2% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 83.74 | 140.79 | 68.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 388 | 504 | 29.7% |
| Net Income Margin (%) | 10.7% | 6.6% | -38.5% |
| P/E Multiple | 14.4 | 30.4 | 111.2% |
| Shares Outstanding (Mil) | 7 | 7 | -0.2% |
| Cumulative Contribution | 68.1% |
Market Drivers
4/30/2025 to 5/11/2026| Return | Correlation | |
|---|---|---|
| NPK | 68.1% | |
| Market (SPY) | 30.4% | 34.5% |
| Sector (XLI) | 35.2% | 39.8% |
Fundamental Drivers
The 123.1% change in NPK stock from 4/30/2023 to 5/11/2026 was primarily driven by a 56.6% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302023 | 5112026 | Change |
|---|---|---|---|
| Stock Price ($) | 63.10 | 140.79 | 123.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 322 | 504 | 56.6% |
| Net Income Margin (%) | 6.4% | 6.6% | 2.1% |
| P/E Multiple | 21.6 | 30.4 | 40.8% |
| Shares Outstanding (Mil) | 7 | 7 | -0.9% |
| Cumulative Contribution | 123.1% |
Market Drivers
4/30/2023 to 5/11/2026| Return | Correlation | |
|---|---|---|
| NPK | 123.1% | |
| Market (SPY) | 78.7% | 33.8% |
| Sector (XLI) | 83.0% | 42.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NPK Return | -2% | -12% | 24% | 30% | 10% | 34% | 105% |
| Peers Return | 40% | 2% | 3% | -3% | -8% | 16% | 53% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 8% | 97% |
Monthly Win Rates [3] | |||||||
| NPK Win Rate | 50% | 33% | 50% | 58% | 50% | 100% | |
| Peers Win Rate | 55% | 57% | 52% | 50% | 52% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| NPK Max Drawdown | -4% | -21% | 0% | -8% | -17% | 0% | |
| Peers Max Drawdown | -7% | -21% | -26% | -19% | -30% | -5% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: OLN, GD, NOC, NWL, HBB.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/11/2026 (YTD)
How Low Can It Go
| Event | NPK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -19.7% | -18.8% |
| % Gain to Breakeven | 24.6% | 23.1% |
| Time to Breakeven | 54 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.7% | -24.5% |
| % Gain to Breakeven | 27.7% | 32.4% |
| Time to Breakeven | 252 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -21.2% | -33.7% |
| % Gain to Breakeven | 27.0% | 50.9% |
| Time to Breakeven | 18 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -12.8% | -19.2% |
| % Gain to Breakeven | 14.7% | 23.7% |
| Time to Breakeven | 51 days | 105 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -14.7% | -6.8% |
| % Gain to Breakeven | 17.3% | 7.3% |
| Time to Breakeven | 67 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -19.5% | -17.9% |
| % Gain to Breakeven | 24.3% | 21.8% |
| Time to Breakeven | 108 days | 123 days |
In The Past
National Presto Industries's stock fell -19.7% during the 2025 US Tariff Shock. Such a loss loss requires a 24.6% gain to breakeven.
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Asset Allocation
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| Event | NPK | S&P 500 |
|---|---|---|
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -21.7% | -24.5% |
| % Gain to Breakeven | 27.7% | 32.4% |
| Time to Breakeven | 252 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -21.2% | -33.7% |
| % Gain to Breakeven | 27.0% | 50.9% |
| Time to Breakeven | 18 days | 140 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -22.7% | -15.4% |
| % Gain to Breakeven | 29.4% | 18.2% |
| Time to Breakeven | 108 days | 125 days |
In The Past
National Presto Industries's stock fell -19.7% during the 2025 US Tariff Shock. Such a loss loss requires a 24.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About National Presto Industries (NPK)
National Presto Industries Inc. provides housewares and small electric appliance, and defense products primarily in North America. It operates through three segments: Housewares/Small Appliance, Defense, and Safety. The company's Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers; slow cookers; deep fryers; air fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; egg cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; various kitchen gadgets; and timers under the Presto Control Master brand. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical products, and medium caliber cartridge cases; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. The Safety segment patents machine learning, digital sensors, and cloud-based technology to continuously monitor freezers and refrigerators detecting and alerting users to potential safety issues around pharmaceuticals and food. National Presto Industries Inc. was incorporated in 1905 and is based in Eau Claire, Wisconsin.
AI Analysis | Feedback
Here are 1-2 brief analogies for National Presto Industries:
It's like a kitchen appliance company such as Hamilton Beach Brands that also has a completely separate business manufacturing ammunition for the US military.
Think of them as two distinct entities: one making small kitchen appliances (like a smaller Ninja/Shark), and another supplying specialized munitions to the Department of Defense.
AI Analysis | Feedback
- Pressure Cookers and Canners: Appliances designed for faster cooking and safe food preservation through pressure.
- Electric Cooking Appliances: A diverse range of small electric appliances including skillets, griddles, woks, slow cookers, deep fryers, air fryers, waffle makers, and pizza ovens.
- Food Preparation Appliances: Specialized appliances like slicer/shredders, corn poppers, dehydrators, rice cookers, microwave bacon cookers, and egg cookers.
- Beverage Appliances: Appliances for preparing hot beverages, such as coffeemakers and electric tea kettles.
- Defense Ammunition: Manufactures 40mm ammunition and medium caliber cartridge cases for military applications.
- Military Energetic Devices and Materials: Produces detonators, booster pellets, release cartridges, and other explosive materials for defense.
- Precision Mechanical and Electro-Mechanical Products (Defense): Specialized components and systems for the United States Department of Defense and its prime contractors.
- Freezer and Refrigerator Monitoring Technology: A service utilizing machine learning, digital sensors, and cloud-based technology to continuously monitor and alert users to safety issues concerning pharmaceuticals and food.
AI Analysis | Feedback
```htmlNational Presto Industries (NPK) primarily sells its products to other companies and government entities. Its major customers include:
- Retailers and Independent Distributors: These customers purchase housewares and small electrical appliances for resale to individual consumers. The company's description does not name specific retailers or distributors.
- United States Department of Defense (DOD): The DOD is a direct customer for NPK's defense products, including ammunition, mechanical products, and energetic devices.
- DOD Prime Contractors: These companies contract with the Department of Defense and procure materials and components from NPK for their defense projects. The company's description does not name specific prime contractors.
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Maryjo Cohen
Chairman of the Board, President, and Chief Executive Officer
Maryjo Cohen was appointed CEO in May 1989 and has a tenure of over 36 years with National Presto Industries. She also holds a significant direct ownership stake in the company, reported as 23.66% or 23.67% of the shares. She is the largest individual shareholder. The available information does not indicate if she founded or managed other companies, sold companies she was previously involved with, or has a pattern of managing companies backed by private equity firms.
David J. Peuse
Chief Financial Officer, Treasurer and Director, Financial Reporting
David J. Peuse was elected to the position of Chief Financial Officer on November 21, 2025. He joined National Presto Industries in 1996 as its Internal Auditor. Prior to his current role, he served as Business Systems Analyst, Costing Manager, Manager of General Accounting, Controller, and since 2019, Treasurer. The available information does not indicate if he founded or managed other companies, sold companies he was previously involved with, or has a pattern of managing companies backed by private equity firms.
Douglas J. Frederick
Director, Chief Operating Officer, Vice President, Secretary and General Counsel
Douglas J. Frederick holds multiple leadership roles at National Presto Industries, including Director, Chief Operating Officer, Vice President, Secretary, and General Counsel.
Jeffery Alan Morgan
Vice President of Engineering
Jeffery Alan Morgan serves as the Vice President of Engineering for National Presto Industries. He is also listed as Vice President - Engineering & International Supply Chain.
John R. MacKenzie
Vice President of Sales
John R. MacKenzie is the Vice President of Sales at National Presto Industries.
AI Analysis | Feedback
Key Risks to National Presto Industries (NPK)
- Reliance on Government Defense Spending: National Presto Industries' Defense segment primarily serves the United States Department of Defense (DOD) and DOD prime contractors. This significant reliance on government contracts exposes the company to risks associated with fluctuations in defense budgets, changes in government spending priorities, political shifts, and contract renewal uncertainties. A reduction in military spending or the loss of key contracts could materially impact this segment's revenue and profitability.
- Competitive Pressure and Shifting Consumer Preferences in Housewares: The Housewares/Small Appliance segment operates in a highly competitive market characterized by numerous domestic and international players. The company faces ongoing challenges from competitors offering similar products, aggressive pricing strategies, and rapid changes in consumer preferences and trends. Economic downturns can also reduce discretionary consumer spending on housewares and small appliances, affecting sales volume and profitability.
- Market Adoption and Technological Competition for Safety Segment: The Safety segment, which patents machine learning, digital sensors, and cloud-based technology for monitoring freezers and refrigerators, faces risks related to market acceptance and intense competition from established technology companies. The success of this segment depends on its ability to effectively commercialize its patented technology, achieve widespread market adoption, and continuously innovate to stay ahead of rapidly evolving technological advancements and competitors in the tech space.
AI Analysis | Feedback
The clear emerging threat for National Presto Industries stems from its Safety segment. This segment patents machine learning, digital sensors, and cloud-based technology to continuously monitor freezers and refrigerators. A significant emerging threat is the potential for major appliance manufacturers (e.g., Samsung, LG, Whirlpool) to integrate similar machine learning, digital sensor, and cloud-based monitoring capabilities directly into their own freezers and refrigerators as standard or premium features. This integration would render NPK's standalone monitoring solution redundant or significantly less appealing, undermining its market.
AI Analysis | Feedback
National Presto Industries operates in three main segments: Housewares/Small Appliance, Defense, and Safety. The addressable markets for their main products and services are sized as follows:
Housewares/Small Appliance Segment
- The North America small kitchen appliances market size was estimated at USD 10.66 billion in 2023. It is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.7% from 2024 to 2030. The market is expected to reach USD 11.02 billion in 2024.
Defense Segment
- The global ammunition market was valued at USD 22 billion in 2024 and is expected to grow at a CAGR of 3.50% from 2025 to 2034.
- The Global Programmable Ammunition Market is projected to grow from USD 3.48 billion in 2025 to USD 4.86 billion by 2031, at a CAGR of 5.72%.
Safety Segment
- The global cold chain monitoring market size was estimated at USD 35.03 billion in 2024 and is projected to reach USD 119.74 billion by 2030, growing at a CAGR of 23.0% from 2025 to 2030. North America dominated this market with the largest revenue share of over 33.0% in 2024.
- The U.S. cold chain monitoring market size was exhibited at USD 9.68 billion in 2024 and is projected to be worth around USD 68.50 billion by 2034, growing at a CAGR of 21.61% from 2025 to 2034.
- The global digital food safety market was valued at USD 12.4 billion in 2025. This market is expected to reach USD 34.8 billion by 2036 from USD 14.2 billion in 2026, growing at a CAGR of 9.4% from 2026 to 2036. North America is expected to dominate the global digital food safety market with the largest market share in 2026.
AI Analysis | Feedback
Here are the expected drivers of future revenue growth for National Presto Industries (NPK) over the next 2-3 years:
- Growth in the Defense Segment driven by substantial U.S. Army contracts: The Defense segment of National Presto Industries experienced a 43% increase in net sales in 2025, largely attributed to significant U.S. Army 40mm ammunition contracts. This indicates a sustained demand and secured business within this sector.
- Significant and expanding Defense backlog providing multi-year revenue visibility: As of December 31, 2025, the company's Defense backlog had grown to approximately $1.748 billion, offering an 18 to 42-month production window. This substantial backlog, which increased considerably from $564 million at the end of 2023 to $1.42 billion by Q3 2025, provides a clear pipeline for future revenue.
- Continued strong demand for defense products: National Presto Industries is viewed as an attractive and lower-risk player in the defense industry due to its robust backlog. This strategic positioning suggests an ongoing favorable demand environment and potential for further growth opportunities within the defense sector.
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Capital Allocation Decisions (Last 3-5 Years)
- Capital Expenditures
- National Presto Industries funded capital spending of $27,034,000 in 2025.
- Capital expenditures for the most recent 12-month period totaled -$29.21 million.
- The company is committed to continuing capital investments in existing authorized projects and pursuing additional projects if a suitable return on investment is projected.
Latest Trefis Analyses
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | GEO | GEO | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 04302026 | RUN | Sunrun | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04172026 | RSG | Republic Services | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.8% | 0.8% | -1.1% |
| 04102026 | VRSK | Verisk Analytics | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 12.3% | 12.3% | 0.0% |
| 04102026 | UHAL | U-Haul | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.3% | 0.3% | -1.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 84.60 |
| Mkt Cap | 2.5 |
| Rev LTM | 6,953 |
| Op Inc LTM | 261 |
| FCF LTM | 161 |
| FCF 3Y Avg | 336 |
| CFO LTM | 378 |
| CFO 3Y Avg | 567 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.8% |
| Rev Chg 3Y Avg | 1.6% |
| Rev Chg Q | 1.6% |
| QoQ Delta Rev Chg LTM | 0.4% |
| Op Inc Chg LTM | -1.2% |
| Op Inc Chg 3Y Avg | 11.2% |
| Op Mgn LTM | 7.6% |
| Op Mgn 3Y Avg | 7.9% |
| QoQ Delta Op Mgn LTM | 0.1% |
| CFO/Rev LTM | 5.5% |
| CFO/Rev 3Y Avg | 8.3% |
| FCF/Rev LTM | 2.9% |
| FCF/Rev 3Y Avg | 6.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.5 |
| P/S | 1.1 |
| P/Op Inc | 11.6 |
| P/EBIT | 14.5 |
| P/E | 13.1 |
| P/CFO | 9.8 |
| Total Yield | 5.2% |
| Dividend Yield | 1.3% |
| FCF Yield 3Y Avg | 6.4% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.9% |
| 3M Rtn | -1.5% |
| 6M Rtn | 35.0% |
| 12M Rtn | 32.3% |
| 3Y Rtn | 52.8% |
| 1M Excs Rtn | -9.7% |
| 3M Excs Rtn | -7.9% |
| 6M Excs Rtn | 23.9% |
| 12M Excs Rtn | 1.0% |
| 3Y Excs Rtn | -29.8% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Defense | 284 | 242 | 202 | 240 | 235 |
| Housewares / Small Appliances | 103 | 98 | 118 | 116 | 118 |
| Safety | 1 | 2 | 1 | 0 | 0 |
| Total | 388 | 341 | 322 | 356 | 353 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Defense | 43 | 38 | 32 | 51 | 53 |
| Housewares / Small Appliances | 13 | 7 | 5 | -3 | 10 |
| Safety | -10 | -11 | -15 | -19 | -7 |
| Total | 45 | 35 | 22 | 30 | 56 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Defense | 331 | 242 | 194 | 168 | 165 |
| Housewares / Small Appliances | 116 | 192 | 212 | 242 | 246 |
| Safety | 7 | 6 | 6 | 10 | 23 |
| Total | 453 | 441 | 412 | 420 | 433 |
Price Behavior
Price Behavior
| Market Price | $140.79 | |
| Market Cap ($ Bil) | 1.0 | |
| First Trading Date | 12/30/1987 | |
| Distance from 52W High | -3.9% | |
| 50 Days | 200 Days | |
| DMA Price | $138.76 | $116.72 |
| DMA Trend | up | up |
| Distance from DMA | 1.5% | 20.6% |
| 3M | 1YR | |
| Volatility | 41.8% | 34.5% |
| Downside Capture | 0.82 | 0.50 |
| Upside Capture | 179.65 | 136.84 |
| Correlation (SPY) | 42.6% | 32.6% |
NPK Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.82 | 1.44 | 1.02 | 0.84 | 0.93 | 0.60 |
| Up Beta | 1.69 | 1.72 | 1.07 | 0.45 | 0.73 | 0.46 |
| Down Beta | 0.78 | -0.10 | -0.06 | 0.50 | 0.42 | 0.59 |
| Up Capture | 110% | 191% | 170% | 158% | 160% | 53% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 11 | 22 | 35 | 68 | 137 | 401 |
| Down Capture | 415% | 152% | 94% | 79% | 103% | 83% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 11 | 21 | 29 | 57 | 114 | 348 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NPK | |
|---|---|---|---|---|
| NPK | 70.8% | 34.7% | 1.59 | - |
| Sector ETF (XLI) | 30.6% | 15.6% | 1.51 | 39.9% |
| Equity (SPY) | 28.1% | 12.5% | 1.78 | 33.9% |
| Gold (GLD) | 42.9% | 26.9% | 1.30 | 6.2% |
| Commodities (DBC) | 48.6% | 18.0% | 2.14 | -16.1% |
| Real Estate (VNQ) | 13.6% | 13.5% | 0.70 | 34.3% |
| Bitcoin (BTCUSD) | -22.4% | 41.7% | -0.50 | 13.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NPK | |
|---|---|---|---|---|
| NPK | 10.5% | 26.4% | 0.38 | - |
| Sector ETF (XLI) | 12.8% | 17.4% | 0.58 | 47.5% |
| Equity (SPY) | 12.9% | 17.1% | 0.59 | 40.4% |
| Gold (GLD) | 21.2% | 17.9% | 0.96 | 5.9% |
| Commodities (DBC) | 13.5% | 19.1% | 0.58 | 5.9% |
| Real Estate (VNQ) | 3.6% | 18.8% | 0.09 | 37.9% |
| Bitcoin (BTCUSD) | 8.5% | 56.0% | 0.36 | 17.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NPK | |
|---|---|---|---|---|
| NPK | 9.8% | 28.1% | 0.38 | - |
| Sector ETF (XLI) | 14.0% | 20.0% | 0.62 | 45.0% |
| Equity (SPY) | 15.0% | 17.9% | 0.72 | 40.3% |
| Gold (GLD) | 13.4% | 15.9% | 0.70 | 3.2% |
| Commodities (DBC) | 9.5% | 17.7% | 0.45 | 12.4% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.24 | 34.6% |
| Bitcoin (BTCUSD) | 68.1% | 66.9% | 1.07 | 10.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 3/4/2026 | -4.4% | -0.3% | 0.7% |
| 10/27/2025 | 1.0% | 0.6% | -13.2% |
| 7/28/2025 | 0.0% | 0.3% | 10.4% |
| 5/7/2025 | 2.4% | 5.0% | 8.2% |
| 2/21/2025 | -0.4% | 2.7% | -8.0% |
| 10/28/2024 | 0.7% | -3.4% | 5.3% |
| 8/1/2024 | -1.4% | -3.2% | 3.8% |
| 4/30/2024 | 1.4% | 3.5% | -9.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 16 | 13 | 10 |
| # Negative | 7 | 10 | 13 |
| Median Positive | 1.4% | 2.3% | 4.4% |
| Median Negative | -0.4% | -1.9% | -4.1% |
| Max Positive | 8.7% | 5.8% | 18.0% |
| Max Negative | -4.4% | -6.0% | -13.2% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/13/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/14/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/15/2024 | 10-K |
| 09/30/2023 | 11/13/2023 | 10-Q |
| 06/30/2023 | 08/11/2023 | 10-Q |
| 03/31/2023 | 05/12/2023 | 10-Q |
| 12/31/2022 | 03/13/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/12/2022 | 10-Q |
| 03/31/2022 | 05/13/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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