Nwpx Infrastructure vs Latham Group
Nwpx Infrastructure and Latham Group are similar in size: $526m and $546m of revenue in their latest fiscal years. Latham Group grew faster (7.4% against 6.8%). Nwpx Infrastructure kept more of each dollar of sales as profit: a net margin of 6.7% against 2.0%. Nwpx Infrastructure carries less debt relative to equity (2.9% against 70.2%).
| Latest fiscal year | Nwpx InfrastructureNWPX, 2025 | Latham GroupSWIM, 2025 |
|---|---|---|
| Revenue | $526m | $546m |
| Revenue growth | 6.8% | 7.4% |
| Net income | $35.4m | $11.1m |
| Operating margin | 9.7% | 5.6% |
| Net margin | 6.7% | 2.0% |
| Return on equity | 9.2% | 2.8% |
| Free cash flow | $47.1m | $38.0m |
| Cash | $2.3m | $71.0m |
| Total debt | $11.5m | $285m |
| Debt to equity | 2.9% | 70.2% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $18.4m | — |
| Employees | 1,318 | 1,804 |
| Market value | $938m | $857m |
| Price vs our value range | Below our value range | Within our value range |
| Moat score | 32 (Weak) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 43 sales | 2 buys, 0 sales |