Northwest Pipe Company (NWPX) — Tangible Net Worth Ratio
Northwest Pipe Company (NWPX) has a Tangible Net Worth Ratio of 94.2% as of March 2026. This metric is calculated by deducting intangible assets ($23.48 Million) from net assets ($403.73 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Northwest Pipe Company annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Northwest Pipe Company Tangible Net Worth Ratio (1994–2025)
This chart shows how Northwest Pipe Company's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 94.2%, reflecting net assets of $403.73 Million with intangible assets of $23.48 Million USD. For live market cap and overall valuation, see Northwest Pipe Company market cap and net worth.
Annual Tangible Net Worth Ratio for Northwest Pipe Company (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Northwest Pipe Company from 1994 to 2025, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore NWPX capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.2% | $394.78 Million | $23.01 Million | $579.63 Million | ▲ +1.4 pp |
| 2024 | 92.8% | $374.00 Million | $27.04 Million | $589.65 Million | ▲ +1.9 pp |
| 2023 | 90.9% | $340.36 Million | $31.07 Million | $597.88 Million | ▲ +2.0 pp |
| 2022 | 88.9% | $318.27 Million | $35.26 Million | $601.34 Million | ▲ +2.8 pp |
| 2021 | 86.1% | $283.38 Million | $39.38 Million | $547.68 Million | ▼ -10.0 pp |
| 2020 | 96.1% | $269.63 Million | $10.52 Million | $373.01 Million | ▼ -3.3 pp |
| 2019 | 99.4% | $248.16 Million | $1.43 Million | $310.25 Million | ▲ +0.1 pp |
| 2018 | 99.3% | $218.59 Million | $1.55 Million | $271.35 Million | ▲ +0.2 pp |
| 2017 | 99.0% | $200.26 Million | $1.90 Million | $230.32 Million | ▲ +0.2 pp |
| 2016 | 98.9% | $209.21 Million | $2.40 Million | $241.56 Million | ▲ +0.2 pp |
| 2015 | 98.7% | $217.56 Million | $2.92 Million | $259.38 Million | ▲ +0.1 pp |
| 2014 | 98.6% | $245.63 Million | $3.44 Million | $351.88 Million | ▲ +0.1 pp |
| 2013 | 98.5% | $261.85 Million | $3.97 Million | $433.46 Million | ▲ +6.4 pp |
| 2012 | 92.1% | $259.43 Million | $20.48 Million | $422.42 Million | ▲ +0.6 pp |
| 2011 | 91.5% | $240.27 Million | $20.48 Million | $413.37 Million | ▲ +0.2 pp |
| 2010 | 91.3% | $245.65 Million | $21.45 Million | $435.20 Million | ▼ 0.0 pp |
| 2009 | 91.3% | $246.30 Million | $21.45 Million | $391.24 Million | ▼ -1.4 pp |
| 2008 | 92.6% | $291.56 Million | $21.45 Million | $509.43 Million | ▲ +1.0 pp |
| 2007 | 91.6% | $256.28 Million | $21.45 Million | $453.56 Million | ▲ +0.9 pp |
| 2006 | 90.7% | $230.83 Million | $21.45 Million | $424.45 Million | ▲ +4.2 pp |
| 2005 | 86.5% | $159.47 Million | $21.45 Million | $338.49 Million | ▲ +1.4 pp |
| 2004 | 85.1% | $144.15 Million | $21.45 Million | $335.40 Million | ▲ +1.4 pp |
| 2003 | 83.7% | $131.65 Million | $21.45 Million | $280.01 Million | ▲ +0.6 pp |
| 2002 | 83.1% | $127.15 Million | $21.45 Million | $286.73 Million | ▲ +1.3 pp |
| 2001 | 81.9% | $118.25 Million | $21.45 Million | $266.58 Million | ▲ +2.3 pp |
| 2000 | 79.6% | $107.85 Million | $22.04 Million | $283.16 Million | ▲ +2.8 pp |
| 1999 | 76.7% | $97.20 Million | $22.60 Million | $248.30 Million | ▲ +4.5 pp |
| 1998 | 72.3% | $83.70 Million | $23.20 Million | $234.20 Million | ▼ -27.7 pp |
| 1997 | 100.0% | $70.80 Million | $0.00 | $132.10 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $59.70 Million | $0.00 | $101.40 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $33.70 Million | $0.00 | $64.50 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $11.50 Million | $0.00 | $56.80 Million | — |