Northwest Pipe

Northwest Pipe Company is a manufacturer of engineered steel pipe water systems. The Company operates through two segments. The Water Transmission segment produces steel pipeline systems for use in drinking water infrastructure, and has approximately eight manufacturing facilities, located in Portland, Oregon; Denver, Colorado; Adelanto, California; Parkersburg, West Virginia; Saginaw, Texas; St. Louis, Missouri; Salt Lake City, Utah, and Monterrey, Mexico. The Tubular Products segment produces steel line pipe products for energy applications, and has a manufacturing facility located in Atchison, Kansas. The Company, through Water Transmission Group, produces engineered welded steel pipe products for use in water transmission applications. It also manufactures smaller diameter electric resistance welded (ERW) steel pipe through its Tubular Products Group. The Company's solutions-based products are used in water transmission, plant piping, tunnels and river crossings applications.

Company Growth (employees)
Type
Public
HQ
Vancouver, US
Size (employees)
583 (est)
Website
nwpipe.com
Northwest Pipe is headquartered in Vancouver, US

Northwest Pipe Office Locations

Northwest Pipe has an office in Vancouver
Vancouver, US (HQ)
200 5721 SE Columbia Way

Northwest Pipe Data and Metrics

Northwest Pipe Financial Metrics

Northwest Pipe's revenue was reported to be $29.7 m in Q1, 2017
USD

Revenue (Q1, 2017)

29.7 m

Gross profit (Q1, 2017)

780 k

Gross profit margin (Q1, 2017), %

3%

Net income (Q1, 2017)

(3.9 m)

EBIT (Q1, 2017)

(3.9 m)

Market capitalization (17-Aug-2017)

153.4 m

Cash (31-Mar-2017)

20.8 m
Northwest Pipe's current market capitalization is $153.4 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

475.6 m403.3 m236.6 m156.3 m

Revenue growth, %

(15%)(41%)(34%)

Cost of goods sold

423.1 m362.7 m249.2 b159.5 m

Gross profit

52.5 m40.6 m(249 b)(3.2 m)

Gross profit Margin, %

11%10%(105236%)(2%)

EBIT

749 k194 k(40.2 b)(13.5 m)

EBIT margin, %

0%0%(16994%)(9%)

Interest income

456 k466 k173 m14 k

Pre tax profit

(3 m)(1.5 m)(41.3 b)(14 m)

Net Income

(923 k)(17.9 m)(29.4 m)(9.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

102 m116.5 m84.9 m53.8 m52.3 m33.9 m42.1 m41.1 m29.7 m

Cost of goods sold

90.7 m100.7 m81 m56.4 m54.8 m39.4 m44.2 m39 m28.9 m

Gross profit

11.3 m15.8 m3.9 m(2.6 m)(2.5 m)(5.4 m)(2.2 m)2.1 m780 k

Gross profit Margin, %

11%14%5%(5%)(5%)(16%)(5%)5%3%

EBIT

5.4 m9.3 m(3.1 m)(13.3 m)(7.3 m)(10 m)(6.3 m)(2.1 m)(3.9 m)

EBIT margin, %

5%8%(4%)(25%)(14%)(30%)(15%)(5%)(13%)

Interest income

82 k220 k82 k81 k10 k3 k10 k

Pre tax profit

4.9 m9.1 m(3.4 m)(13.5 m)(7.4 m)(10.1 m)(6.4 m)(2.2 m)(4.1 m)

Net Income

3.2 m5 m(2.1 m)(12.1 m)(1.5 m)(9.6 m)(6.2 m)727 k(3.9 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

588 k527 k10.3 m21.8 m

Inventories

110.4 m72.8 m29.5 m19 m

Current Assets

243.6 m195.2 m115.3 m112.2 m

PP&E

143.1 m132.6 m131.8 m118.1 m

Goodwill

25.8 m5.3 m

Total Assets

433.5 m351.9 m259.4 m241.6 m

Accounts Payable

21.7 m15.5 m4.7 m5.3 m

Total Debt

325 k

Current Liabilities

48.2 m29.6 m21.6 m18.6 m

Total Liabilities

32.3 m

Additional Paid-in Capital

114.6 m116.8 m117.8 m118.7 m

Retained Earnings

148.5 m130.6 m101.2 m91.9 m

Total Equity

261.9 m245.6 m217.6 m209.2 m

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

1.7 x1.4 x1.2 x1.2 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

75 k72 k116 k688 k635 k9.4 m9.1 m11.8 m20.8 m

Inventories

64.1 m77.3 m61.3 m51.2 m49.2 m29.4 m25.5 m20.6 m17 m

Current Assets

179.5 m195.9 m163.3 m148.5 m138.7 m107.1 m107.4 m108.5 m103.2 m

PP&E

134.2 m132.1 m

Goodwill

21.3 m21.3 m5.3 m5.3 m

Total Assets

355.8 m369 m320.8 m294.7 m283.4 m249.2 m240.8 m240.3 m231.1 m

Accounts Payable

16.6 m22 m9.4 m14.6 m10.5 m3.7 m5 m5 m3.6 m

Current Liabilities

33.4 m34.6 m21.9 m25.2 m27.1 m23.4 m20.6 m21.8 m12 m

Additional Paid-in Capital

114.5 m115.4 m116.7 m117.2 m117.4 m117.1 m117.7 m118.2 m118.9 m

Retained Earnings

139.5 m144.6 m128.5 m116.4 m114.9 m91.6 m85.4 m86.1 m88.1 m

Total Equity

253 m259 m243.5 m232 m230.8 m207.2 m201.7 m203.1 m205.7 m

Financial Leverage

1.4 x1.4 x1.3 x1.3 x1.2 x1.2 x1.2 x1.2 x1.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(923 k)(17.9 m)(29.4 m)(9.3 m)

Depreciation and Amortization

14.1 m9.6 m

Inventories

8.3 m6 m43.7 m10.5 m

Accounts Payable

1.4 m(5.3 m)(9.9 m)866 k

Cash From Operating Activities

20.1 m35 m55.2 m1.5 m

Purchases of PP&E

(28.4 m)(14.3 m)(8.5 m)(2.3 m)

Cash From Investing Activities

(48.3 m)15.5 m3.1 m11.7 m

Long-term Borrowings

(5.7 m)(6.4 m)

Cash From Financing Activities

28.7 m(50.6 m)(48.5 m)(1.7 m)

Income Taxes Paid

2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.2 m5 m(2.1 m)(12.1 m)(1.5 m)(9.6 m)(6.2 m)727 k(3.9 m)

Inventories

64.1 m77.3 m61.3 m51.2 m49.2 m29.4 m25.5 m20.6 m17 m

Accounts Payable

16.6 m22 m9.4 m14.6 m10.5 m3.7 m5 m5 m3.6 m
USDY, 2017

Revenue/Employee

50.9 k

Financial Leverage

1.1 x

Northwest Pipe Market Value History

Traffic Overview of Northwest Pipe

Northwest Pipe Company Life and Culture

You may also be interested in