Estados financieros detallados de National Presto Industries, Inc. (NPK): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
National Presto Industries, Inc. registró ingresos de $503.5M en el último ejercicio fiscal, con un CAGR de 5 años del 7.4%. El beneficio neto alcanzó $33.1M, con un CAGR a 5 años del -6.8%.
Márgenes de los últimos 12 meses: margen bruto 16.5%, margen operativo 9.6%, margen neto 7.9%.
Al precio actual de $152.84, NPK cotiza a un P/E de 26.05 y un ROE del 10.83%. La capitalización bursátil es de $1.1B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $341.9M | $333.6M | $323.3M | $308.5M | $352.6M | $355.8M | $321.6M | $340.9M | $388.2M | $503.5M |
| Coste de Ventas | $256.2M | $246.4M | $247.4M | $236.6M | $267.7M | $291.4M | $266.5M | $273.5M | $309.7M | $423.2M |
| Beneficio Bruto | $85.7M | $87.2M | $75.9M | $71.9M | $84.9M | $64.4M | $55.1M | $67.5M | $78.6M | $80.3M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | $1.5M | 0 | 0 | 0 |
| Generales y Administrativos | $22.4M | $22.9M | $23.3M | $25.5M | $28.5M | $34.2M | $27.6M | $30.8M | $31.8M | $35.9M |
| Gastos Operativos | $23.1M | $25.5M | $25.5M | $25.5M | $28.7M | $34.4M | $33.0M | $32.4M | $33.4M | $37.4M |
| Beneficio Operativo | $62.5M | $61.7M | $47.9M | $46.4M | $56.2M | $30.0M | $22.1M | $35.0M | $45.2M | $42.9M |
| EBITDA | $77.2M | $71.6M | $56.6M | $56.0M | $59.2M | $35.4M | $30.3M | $48.4M | $55.7M | $47.3M |
| Gastos por Intereses | 0 | 0 | 0 | 0 | 0 | 0 | $8.2M | 0 | 0 | 0 |
| Beneficio Antes de Impuestos | $63.3M | $65.3M | $52.3M | $52.3M | $60.0M | $32.5M | $25.9M | $42.4M | $50.7M | $42.1M |
| Impuestos | $21.4M | $22.0M | $12.4M | $11.8M | $13.0M | $6.8M | $5.2M | $7.9M | $9.2M | $9.0M |
| Beneficio Neto | $44.6M | $53.0M | $39.9M | $42.2M | $47.0M | $25.7M | $20.7M | $34.6M | $41.5M | $33.1M |
| BPA | $6.39 | $7.58 | $5.70 | $6.02 | $6.67 | $3.63 | $2.92 | $4.86 | $5.82 | $4.63 |
| BPA Diluido | $6.39 | $7.58 | $5.70 | $6.02 | $6.67 | $3.63 | $2.92 | $4.86 | $5.82 | $4.63 |
| Acciones en Circulación (Diluidas) | $7.0M | $7.0M | $7.0M | $7.0M | $7.0M | $7.1M | $7.1M | $7.1M | $7.1M | $7.1M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Ingresos | $115.5M | $164.0M | $118.6M | $146.6M |
| Beneficio Bruto | $16.0M | $27.7M | $17.5M | $28.5M |
| Beneficio Operativo | $6.4M | $18.7M | $8.0M | $19.4M |
| EBITDA | $8.1M | $20.2M | $9.9M | $21.1M |
| Beneficio Neto | $5.3M | $15.0M | $6.6M | $15.9M |
| BPA | $0.74 | $2.11 | $0.93 | $2.21 |
| BPA Diluido | $0.74 | $2.11 | $0.93 | $2.21 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $27.0M | $11.2M | $56.8M | $79.6M | $86.0M | $109.8M | $70.7M | $87.7M | $17.7M | $3.3M |
| Inversiones a Corto | $84.5M | $144.3M | $134.6M | $78.7M | $69.0M | $34.2M | $24.9M | $26.5M | $5.0M | $503000 |
| Cuentas por Cobrar | $67.3M | $65.2M | $59.6M | $44.3M | $56.5M | $55.7M | $73.2M | $50.4M | $62.9M | $89.2M |
| Inventario | $95.4M | $104.4M | $94.0M | $128.5M | $135.5M | $143.9M | $152.1M | $190.4M | $278.0M | $307.0M |
| Activos Corrientes | $340.5M | $338.5M | $352.3M | $337.8M | $357.2M | $348.1M | $326.6M | $360.1M | $366.7M | $403.1M |
| Inmovilizado Material | $49.5M | $45.2M | $39.1M | $40.8M | $40.5M | $46.9M | $52.5M | $49.9M | $53.2M | $73.4M |
| Fondo de Comercio | $11.5M | $11.5M | $11.5M | $15.3M | $15.3M | $15.3M | $18.6M | $19.4M | $19.4M | $19.4M |
| Activos Intangibles | $5.0M | $3.3M | $1.0M | $3.1M | $2.8M | $2.6M | $6.9M | $5.3M | $3.8M | $2.3M |
| Activos Totales | $417.6M | $411.9M | $413.6M | $411.8M | $434.8M | $422.4M | $414.5M | $440.5M | $453.4M | $504.7M |
| Cuentas por Pagar | $39.6M | $28.4M | $24.3M | $19.5M | $25.7M | $30.3M | $29.7M | $32.6M | $44.5M | $46.0M |
| Deuda a Corto | 0 | 0 | 0 | $520000 | $573000 | $546000 | $577000 | 0 | 0 | $23.6M |
| Pasivos Corrientes | $64.4M | $45.5M | $47.5M | $39.3M | $55.1M | $53.2M | $53.6M | $72.0M | $74.4M | $95.0M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $67.4M | $45.5M | $47.5M | $43.9M | $60.4M | $64.8M | $66.5M | $84.3M | $85.8M | $109.5M |
| Reservas | $350.2M | $364.8M | $362.7M | $362.8M | $367.6M | $349.2M | $338.1M | $344.2M | $353.7M | $379.6M |
| Patrimonio Neto | $350.2M | $366.4M | $366.1M | $368.0M | $374.3M | $357.6M | $348.1M | $356.3M | $367.6M | $395.1M |
| Deuda Total | 0 | 0 | 0 | $3.5M | $3.4M | $10.2M | $10.7M | $10.7M | $10.0M | $33.1M |
| Deuda Neta | -$111.5M | -$155.5M | -$191.4M | -$154.8M | -$151.7M | -$133.8M | -$84.8M | -$103.4M | -$12.7M | $29.3M |
| Capital Circulante | $276.1M | $293.0M | $304.8M | $298.5M | $302.1M | $294.9M | $273.0M | $288.1M | $292.2M | $308.1M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Caja y Equivalentes | $2.1M | $3.3M | $6.5M | $15.8M |
| Activos Totales | $503.8M | $504.7M | $469.3M | $498.6M |
| Pasivos Totales | $124.1M | $109.5M | $74.1M | $87.3M |
| Patrimonio Neto | $379.8M | $395.1M | $395.2M | $411.3M |
| Deuda Total | $46.5M | $33.1M | $9.3M | $9.2M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $44.6M | $53.0M | $39.9M | $42.2M | $47.0M | $25.7M | $20.7M | $34.6M | $41.5M | $33.1M |
| Amortizaciones | $14.7M | $9.9M | $6.2M | $3.7M | $3.0M | $3.0M | $3.3M | $6.0M | $5.0M | $5.1M |
| Compensación en Acciones | $391000 | $545000 | $469000 | $830000 | $366000 | 0 | $476000 | 0 | 0 | 0 |
| Cambio en Capital Circulante | $303000 | -$21.7M | $26.1M | -$36.6M | -$8.1M | -$2.2M | -$19.7M | $4.6M | -$96.9M | -$58.9M |
| Flujo de Caja Operativo | $66.4M | $24.3M | $76.2M | $9.6M | $41.0M | $34.7M | $8.8M | $45.4M | -$53.4M | -$9.1M |
| Inversiones (CapEx) | -$7.2M | -$8.4M | -$8.7M | -$3.1M | -$2.6M | -$2.9M | -$1.0M | -$1.8M | -$7.5M | -$27.0M |
| Adquisiciones | -$208000 | $64.0M | $9.4M | -$3.7M | -$9.8M | 0 | -$24.7M | $2.0M | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$35.2M | -$38.4M | -$42.0M | -$42.1M | -$42.2M | -$44.1M | -$31.8M | -$28.4M | -$32.0M | -$7.1M |
| Flujo de Caja Libre | $59.2M | $15.9M | $67.6M | $6.4M | $38.4M | $31.8M | $7.7M | $43.5M | -$61.0M | -$36.2M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q2 | 2026-Q3 |
|---|
| Flujo de Caja Operativo | -$24.6M | $13.9M | $31.3M | $12.8M |
| Inversiones (CapEx) | -$106000 | -$1.5M | -$1.9M | -$3.5M |
| Flujo de Caja Libre | -$24.7M | $12.4M | $29.4M | $9.3M |
| Dividendos Pagados | 0 | 0 | -$7.2M | 0 |
| Compensación en Acciones | 0 | 0 | 0 | 0 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | -2.4% | -3.1% | -4.6% | +14.3% | +0.9% | -9.6% | +6.0% | +13.9% | +29.7% |
| Crecimiento Beneficio Neto (anual) | | +18.8% | -24.6% | +5.7% | +11.2% | -45.4% | -19.3% | +67.0% | +20.0% | -20.2% |
| Crecimiento BPA (anual) | | +18.6% | -24.8% | +5.6% | +10.8% | -45.6% | -19.6% | +66.4% | +19.8% | -20.4% |
| Cambio en Acciones (anual) | | +0.3% | +0.2% | +0.2% | +0.3% | +0.3% | +0.3% | +0.4% | +0.3% | +0.3% |
| Crecimiento FCF (anual) | | -73.2% | +325.4% | -90.5% | +495.1% | -17.0% | -75.7% | +462.8% | -240.0% | +40.7% |
| Margen Bruto | 25.1% | 26.1% | 23.5% | 23.3% | 24.1% | 18.1% | 17.1% | 19.8% | 20.2% | 16.0% |
| Margen Operativo | 18.3% | 18.5% | 14.8% | 15.0% | 15.9% | 8.4% | 6.9% | 10.3% | 11.6% | 8.5% |
| Margen EBITDA | 22.6% | 21.5% | 17.5% | 18.2% | 16.8% | 10.0% | 9.4% | 14.2% | 14.4% | 9.4% |
| Margen Neto | 13.0% | 15.9% | 12.4% | 13.7% | 13.3% | 7.2% | 6.4% | 10.1% | 10.7% | 6.6% |
| Margen FCF | 17.3% | 4.8% | 20.9% | 2.1% | 10.9% | 8.9% | 2.4% | 12.8% | -15.7% | -7.2% |
| Tasa Impositiva Efectiva | 33.8% | 33.7% | 23.8% | 22.5% | 21.7% | 21.0% | 20.2% | 18.6% | 18.2% | 21.5% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $8.50 | $2.27 | $9.64 | $0.92 | $5.45 | $4.51 | $1.09 | $6.13 | $-8.55 | $-5.06 |
| Dividendo por Acción | $5.04 | $5.50 | $5.99 | $6.00 | $5.99 | $6.24 | $4.49 | $3.99 | $4.49 | $1.00 |
| Acciones en Circulación (Básicas) | $7.0M | $7.0M | $7.0M | $7.0M | $7.0M | $7.1M | $7.1M | $7.1M | $7.1M | $7.1M |
Qué mirar en Industrials
Aeroespacial, defensa, maquinaria, transporte. Semi-cíclicos. Clave: backlog, márgenes operativos, y conversión de FCF.
- Crecimiento ingresos 5y — Sin crecimiento, no hay creación de valor a largo plazo
- Margen operativo — El mejor indicador de disciplina operativa en industriales
- ROIC — Industriales de calidad tienen ROIC >15% — el resto destruyen capital
- FCF conversion — FCF / Net Income — en industriales bueno >85%
- Deuda neta / EBITDA — Industriales cíclicos con deuda alta sufren mucho en recesión
- Capex / Ingresos — Mantener la maquinaria. <4% = posible infraversión (deterioro futuro)
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
Rentabilidad
| Rentabilidad sobre capital | 10.83% |
| Rentabilidad sobre capital invertido | 9.77% |
| Rentabilidad sobre activos | 8.59% |
| Margen bruto | 16.47% |
| Margen operativo | 9.64% |
| Margen neto | 7.86% |
Salud financiera
| Deuda / Patrimonio | 0.02 |
| Ratio corriente | 5.22 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 16.65 | 13.12 | 20.51 | 14.68 | 13.26 | 22.60 | 23.45 | 16.52 | 16.91 | 23.06 |
| P/VC | 2.12 | 1.90 | 2.24 | 1.69 | 1.66 | 1.62 | 1.39 | 1.60 | 1.91 | 1.93 |
| P/V | 2.17 | 2.08 | 2.53 | 2.01 | 1.76 | 1.63 | 1.51 | 1.67 | 1.81 | 1.52 |
| Margen Bruto | 25.1% | 26.1% | 23.5% | 23.3% | 24.1% | 18.1% | 17.1% | 19.8% | 20.2% | 16.0% |
| Margen Operativo | 18.3% | 18.5% | 14.8% | 15.0% | 15.9% | 8.4% | 6.9% | 10.3% | 11.6% | 8.5% |
| Margen Neto | 13.0% | 15.9% | 12.4% | 13.7% | 13.3% | 7.2% | 6.4% | 10.1% | 10.7% | 6.6% |