# National Presto Industries, Inc. (NPK)

> Source: Nexqual · https://nexqual.com/NPK · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, National Presto Industries, Inc. (NPK), nexqual.com/NPK" · informational, not investment advice.

**Price:** USD 151.77 (+0.66% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 150.78 · day 149.98–155.3 · 52w 91.28–158.17 · market cap $1.08B · NYQ

## Key facts
- Last four reported quarters (through Jul 5, 2026): revenue $545M, net income $42.8M (7.9% margin), free cash flow $26.4M (SEC filings).
- Valuation: P/E 25.3x.
- Analysts: Hold (mean 3.00 on a 1–5 scale) (1 analysts), mean target USD 162 (range 162–162).
- Total return with dividends: 1Y +43.9% vs S&P 500 +14.8%; 5Y +119.7% vs S&P 500 +79.1%.
- Next earnings: 2026-11-03 (date not yet confirmed by the company), EPS estimate USD 1.97, revenue estimate $105M. All companies reporting that day: https://nexqual.com/earnings/2026-11-03
- Dividend: USD 1 a year (yield 0.66%), paid annual; latest ex-dividend date 2026-03-09; annual dividends fell 39.4% a year 2022–2025.
- Short interest: 6.88% of float (as of 2026-10-15), 1.6 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $356M | $322M | $341M | $388M | $504M | $545M |
| Gross profit | $64.4M | $55.1M | $67.5M | $78.6M | $80.3M | — |
| Operating income | $30.0M | $22.1M | $35.0M | $45.2M | $40.2M | $52.5M |
| Net income | $25.7M | $20.7M | $34.6M | $41.5M | $33.1M | $42.8M |
| EPS (diluted) | $3.63 | — | — | — | — | — |
| Free cash flow | $31.8M | $7.7M | $43.5M | -$61.0M | -$36.2M | $26.4M |
| Gross margin | 18.1% | 17.1% | 19.8% | 20.2% | 16.0% | — |
| Operating margin | 8.4% | 6.9% | 10.3% | 11.6% | 8.0% | 9.6% |
| Net margin | 7.2% | 6.4% | 10.1% | 10.7% | 6.6% | 7.9% |
| Revenue growth | +0.9% | -9.6% | +6.0% | +13.9% | +29.7% | — |
| Cash + short-term investments | $144M | $95.6M | $114M | $22.7M | $3.8M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jul 5, 2026)
P/E 25.3x · P/S 2.0x · P/FCF 41.0x · P/B 2.6x · FCF yield 2.44% · Earnings yield 3.95% · Dividend yield (paid, TTM) 0.66%

## Analysts
Consensus Hold (mean 3.00 on a 1–5 scale), 1 analysts; mean target USD 162 (low 162, high 162).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-01 | Freedom Broker | Initiated | Hold | $162 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +43.9% | +119.7% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | +44.3% | +17.0% |
| Volatility (annualized) | 35.1% | 26.4% |
| Max drawdown | -17.5% (Apr 2026→Jul 2026) | -26.5% (Nov 2021→Jun 2022) |

## Dividends
Annual dividend rate USD 1.00 per share, yield 0.66% at the current price. Paid over the last 12 months: USD 1.00 in 1 payment (annual).
Most recent ex-dividend date: Mar 9, 2026; payment date: Mar 20, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: cut 77.8% to USD 1.00 per payment from USD 4.50, starting with the Mar 4, 2025 ex-dividend date.
Payout ratio 17% of earnings · 5-year average yield 1.11% · annual dividends fell 39.4% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-03-09 | USD 1.00 |
| 2025-03-04 | USD 1.00 |
| 2024-02-29 | USD 4.50 |
| 2023-02-28 | USD 4.00 |
| 2022-02-28 | USD 4.50 |
Total by calendar year: 2022 USD 4.50 · 2023 USD 4.00 · 2024 USD 4.50 · 2025 USD 1.00.

## Short interest
179,915 shares sold short, 6.88% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 243,733 shares (-26.2%). Days to cover: 1.6 (short shares ÷ average daily volume).

## Peers (Aerospace & Defense)
AVAV (AeroVironment, Inc.) USD 134.88 +7.09% · SARO (StandardAero, Inc.) USD 23.79 +7.11% · KTOS (Kratos Defense & Security Solut) USD 43.59 +5.88% · CAE (CAE Inc) USD 26.27 +1.98% · DRS (Leonardo DRS, Inc.) USD 39.64 +11.66% · MOG-A (Moog Inc.) USD 362.81 +4.41%

## More
Full page: https://nexqual.com/NPK · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Revenue by business segment (quarter ended 2026-07-05)

| Line | Revenue | Share | YoY | Operating income | Op. margin |
|---|---|---|---|---|---|
| Defense | $127.0M | 86.6% | +27.2% | $19.4M | 15.3% |
| Housewares Small Appliances | $19.1M | 13.0% | -6.2% | $2.2M | 11.3% |
| Safety | $556,000 | 0.4% | +91.7% | -$2.2M | -388.8% |
| Total revenue | $146.6M | 100% | — | $19.4M | 13.2% |

## Customer concentration

Period ended 2024-12-31: 10% of revenue from unnamed direct customers (10-K, filed 2026-03-13).

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $1.97 | $0.00 | +$1.97 | $105.0M | 1 |
| Next quarter (ends 2026-12-31) | $1.46 | $0.00 | +$1.46 | $128.7M | 1 |
| Current fiscal year (ends 2026-12-31) | $6.57 | $0.00 | +$6.57 | $499.0M | 1 |
| Next fiscal year (ends 2027-12-31) | $7.21 | $0.00 | +$7.21 | $551.9M | 1 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $2.21 | — | — | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

## Recent SEC filings (last 120 days)
| Filed | Form | What it says | Filing |
|---|---|---|---|
| 2026-08-14 | 8-K | Other material event — “On August 14, 2026, the Registrant announced that on August 13, 2026, AMTEC Corporation, a wholly owned subsidiary within National Defense Corporation ("NDC"), Presto's Defense segment holding company, received option awards under AMTEC's current five-year 40mm systems contract. The Registrant also announced that Spectra Technologies, LLC, another wholly owned subsidiary within NDC, received a subcontract on that same date for production of the warhead for the Small Diameter Bomb program. The 40mm and Small…” | https://www.sec.gov/Archives/edgar/data/80172/000143774926028014/0001437749-26-028014-index.htm |
| 2026-08-14 | 10-Q | Quarterly report · period ended Jul 5, 2026 | https://www.sec.gov/Archives/edgar/data/80172/000143774926027999/0001437749-26-027999-index.htm |
| 2026-08-03 | 8-K | Quarterly results | https://www.sec.gov/Archives/edgar/data/80172/000143774926025460/0001437749-26-025460-index.htm |
Source: SEC EDGAR. Quotes are the opening words of each item as filed.