Northwest Pipe Company (NWPX) — Cash Flow Quality Index
Northwest Pipe Company (NWPX) has a Cash Flow Quality Index of 2.78x as of March 2026. Operating cash flow of $29.27 Million exceeds net income of $10.53 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Northwest Pipe Company service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Northwest Pipe Company Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Northwest Pipe Company across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NWPX operating cash flow.
Annual Cash Flow Quality Index for Northwest Pipe Company (1994–2025)
Year-by-year earnings quality comparison for Northwest Pipe Company.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.90x | $67.28 Million | $35.41 Million | ▲ +18.1% |
| 2024 | 1.61x | $55.05 Million | $34.21 Million | ▼ -36.6% |
| 2023 | 2.54x | $53.45 Million | $21.07 Million | ▲ +350.5% |
| 2022 | 0.56x | $17.54 Million | $31.15 Million | ▲ +211.7% |
| 2021 | -0.50x | $-5.81 Million | $11.52 Million | ▼ -117.1% |
| 2020 | 2.94x | $56.09 Million | $19.05 Million | ▲ +91.6% |
| 2019 | 1.54x | $42.89 Million | $27.90 Million | ▲ +269.7% |
| 2018 | -0.91x | $-18.40 Million | $20.31 Million | ▼ -133.1% |
| 2012 | 2.74x | $44.49 Million | $16.24 Million | ▲ +182.5% |
| 2011 | 0.97x | $12.28 Million | $12.66 Million | ▲ +53182.5% |
| 2008 | 0.00x | $-59.00K | $32.30 Million | ▼ -100.2% |
| 2007 | 0.93x | $19.32 Million | $20.83 Million | ▲ +846.4% |
| 2006 | 0.10x | $1.96 Million | $20.02 Million | ▼ -57.0% |
| 2005 | 0.23x | $3.05 Million | $13.39 Million | ▲ +127.4% |
| 2004 | -0.83x | $-10.30 Million | $12.38 Million | ▼ -125.8% |
| 2003 | 3.22x | $11.38 Million | $3.53 Million | ▲ +18.4% |
| 2002 | 2.72x | $25.21 Million | $9.26 Million | ▲ +99.8% |
| 2001 | 1.36x | $15.14 Million | $11.11 Million | ▲ +226.8% |
| 2000 | -1.07x | $-11.49 Million | $10.69 Million | ▼ -194.1% |
| 1999 | 1.14x | $15.20 Million | $13.30 Million | ▲ +564.5% |
| 1998 | -0.25x | $-3.10 Million | $12.60 Million | ▲ +36.5% |
| 1997 | -0.39x | $-4.30 Million | $11.10 Million | ▼ -157.6% |
| 1996 | 0.67x | $7.00 Million | $10.40 Million | ▼ -9.7% |
| 1995 | 0.75x | $3.80 Million | $5.10 Million | ▲ +282.1% |
| 1994 | -0.41x | $-900.00K | $2.20 Million | — |