# Enpro Inc. (NPO)

> Source: Nexqual · https://nexqual.com/NPO · data as of 2026-10-22 20:00 UTC · cite as "Nexqual, Enpro Inc. (NPO), nexqual.com/NPO" · informational, not investment advice.

**Price:** USD 267.21 (-9.16% on the day) · last close of Oct 22, 2026; US market pre market, not a live price. Prev close 294.14 · day 261.1–289.85 · 52w 202–390.42 · market cap $5.66B · NYQ

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $1.22B, net income $44.1M (3.6% margin), free cash flow $167M (SEC filings).
- Valuation: P/E 128.3x (avg 103.4x at the last 3 fiscal year-ends), EV/EBITDA 21.8x, net debt $499M.
- Earnings quality: non-operating income -$21.7M vs operating income $175M over the last four quarters; P/E excluding non-operating income ≈92.7x (estimate: non-operating income taxed at the company's 22.1% effective rate).
- 1 of 80 tracked superinvestors hold NPO (13F, Q2 2026): 0 new, 1 added, 0 reduced, 0 unchanged.
- Analysts: Buy (mean 1.67 on a 1–5 scale) (3 analysts), mean target USD 389.5 (range 373–430).
- Total return with dividends: 1Y +15.8% vs S&P 500 +14.9%; 5Y +215.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 2.42, revenue estimate $334M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $840M | $1.10B | $1.06B | $1.05B | $1.14B | $1.22B |
| Gross profit | $328M | $423M | $427M | $445M | $488M | — |
| Operating income | $65.4M | $72.2M | $76.8M | $142M | $162M | $175M |
| Net income | $178M | $205M | $22.2M | $72.9M | $40.5M | $44.1M |
| EPS (diluted) | $8.57 | $9.83 | $1.05 | $3.45 | $1.91 | — |
| Free cash flow | $109M | $76.7M | $175M | $134M | $159M | $167M |
| Gross margin | 39.0% | 38.5% | 40.3% | 42.4% | 42.6% | — |
| Operating margin | 7.8% | 6.6% | 7.3% | 13.6% | 14.1% | 14.3% |
| Net margin | 21.2% | 18.7% | 2.1% | 7.0% | 3.5% | 3.6% |
| Revenue growth | +5.1% | +30.8% | -3.6% | -1.0% | +9.0% | — |
| Cash + short-term investments | $338M | $334M | — | — | $115M | — |
| Total debt | $977M | $791M | $647M | $640M | $655M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 128.3x · P/E ex non-operating (est.) ≈92.7x · P/S 4.6x · EV/EBITDA 21.8x · EV/Sales 5.0x · P/FCF 33.9x · P/B 3.6x · FCF yield 2.95% · Earnings yield 0.78% · Dividend yield (paid, TTM) 0.47% · Net debt $499M · EV $6.15B
P/E at fiscal year-ends: Dec 2025 112.1x, Dec 2024 49.9x, Dec 2023 148.3x.

## Superinvestors (SEC 13F-HR, Q2 2026)
1 of 80 tracked investors hold NPO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| First Eagle Investment | First Eagle Investment Management | 0.06% | $34.0M | Added +29.0% |

## Analysts
Consensus Buy (mean 1.67 on a 1–5 scale), 3 analysts; mean target USD 389.5 (low 373, high 430).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-20 | JP Morgan | Initiated | Overweight | $420 |
| 2026-07-13 | Keybanc | Target raised | Overweight | $345 → $370 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-18) |
|---|---|---|
| Total return | +15.8% | +215.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +15.9% | +25.8% |
| Volatility (annualized) | 40.4% | 35.5% |
| Max drawdown | -31.0% (Jun 2026→Oct 2026) | -31.4% (Jan 2022→Jul 2022) |

## Peers (Specialty Industrial Machinery)
CR (Crane Company) USD 189.05 -7.52% · GNRC (Generac Holdlings Inc.) USD 188.02 -7.44% · GGG (Graco Inc.) USD 69.28 -15.32% · INIO (INNIO N.V.) USD 15.11 -10.43% · WTS (Watts Water Technologies, Inc.) USD 356.94 -1.78% · IEX (IDEX Corporation) USD 226.88 -3.63%

## More
Full page: https://nexqual.com/NPO · 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 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| Sealing Technologies | $216.2M | 63.8% | +15.3% |
| Advanced Surface Technologies | $122.6M | 36.2% | +21.9% |
| Total revenue | $338.8M | 100% | — |

## Revenue by product line (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| General industrial | $90.1M | 26.6% | +31.1% |
| Commercial vehicle | $43.5M | 12.8% | -3.5% |
| Aerospace | $23.2M | 6.8% | +29.6% |
| Food and biopharmaceutical | $22.0M | 6.5% | +11.7% |
| Power generation | $17.7M | 5.2% | -1.7% |
| Oil and gas | $17.3M | 5.1% | +8.1% |
| Semiconductors | $2.4M | 0.7% | +14.3% |
| Total revenue | $338.8M | 100% | — |
The lines above cover 63.8% of total revenue.

## Revenue by region (quarter ended 2026-06-30)

| Line | Revenue | Share | YoY |
|---|---|---|---|
| United States | $192.4M | 56.8% | +18.0% |
| Asia Pacific | $74.6M | 22.0% | +22.9% |
| Europe | $49.2M | 14.5% | +16.3% |
| Rest of World | $22.6M | 6.7% | +2.7% |
| Total revenue | $338.8M | 100% | — |

## Company outlook (8-K filed 2026-08-04)

- "Reflecting our robust performance and positive momentum in key growth areas of the portfolio, we are raising our full-year 2026 guidance." "As we advance our Enpro 3.0 strategy, we continue to invest across the organization to support customer demand trends and drive long-term growth and value creation."

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $2.42 | $2.32 | +4.2% | $334.0M | 4 |
| Next quarter (ends 2026-12-31) | $2.53 | $2.42 | +4.6% | $339.9M | 4 |
| Current fiscal year (ends 2026-12-31) | $9.59 | $9.25 | +3.7% | $1.32B | 4 |
| Next fiscal year (ends 2027-12-31) | $10.89 | $10.56 | +3.1% | $1.42B | 4 |

## Options: expected move (Cboe, 15-min delayed)

Expected move by 2026-11-20 (includes earnings 2026-11-03): ±12.0%; last 8 reports averaged ±5.8%.

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 53.0% | ±12.0% |
| 2026-12-18 | 56 | 45.3% | ±14.3% |
| 2027-03-19 | 147 | 42.7% | ±21.7% |
| 2027-06-17 | 237 | 41.6% | ±26.7% |