NWPX
NWPX Infrastructure, Inc.
NWPX has a slight edge over RDW overall, supported by lower modeled downside and stronger fundamentals.
RDW
Redwire Corporation
RDW offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
NWPX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Unavailable |
NWPX's revenue, profitability and cash flow are currently healthy. There isn't enough data to rate its balance sheet.
RDW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
RDW's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
NWPX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $58.21 | -36% |
| Fair | 15x | $82.70 | -9.4% |
| Current | 17x | $91.29 | — |
| Forward | 18x | $91.29 | — |
| Expensive | 20x | $111 | +22% |
Historical ranges are pointers, not guarantees.
NWPX's PE is in its fair range at 17x. On analysts' estimates for next year's earnings, today's price would be 18x, in its expensive range.
RDW PE Valuation
RDW has no meaningful PE right now: it lost money over the past year.
NWPX Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for NWPX, with profitability improving.
RDW Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect RDW's losses to shrink, with revenue growing.
NWPX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.99 | -8.2% |
| Q3 2026 | $5.44 | +48% |
| Q2 2026 | $4.96 | +49% |
| Q1 2026 | $4.25 | +30% |
| Q4 2025 | $3.56 | +4.7% |
| Q3 2025 | $3.68 | +25% |
| Q2 2025 | $3.32 | +33% |
| Q1 2025 | $3.27 | +37% |
| Q4 2024 | $3.40 | +63% |
NWPX has the edge over RDW on earnings quality, reporting a profit while its opponent remains loss making.
RDW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.17 | +$2.01 |
| Q2 2026 | -$1.37 | +$1.89 |
| Q1 2026 | -$2.59 | -$0.32 |
| Q4 2025 | -$2.28 | +$0.07 |
| Q3 2025 | -$3.18 | -$1.97 |
| Q2 2025 | -$3.26 | -$2.28 |
| Q1 2025 | -$2.27 | -$1.55 |
| Q4 2024 | -$2.35 | -$1.62 |
RDW is still losing money, but far less than before: $1.17 per share over the past year, against $3.26 at its worst in mid-2025.
NWPX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $179.4M | +19% |
| Q2 2026 | $159.5M | +20% |
| Q1 2026 | $138.3M | +19% |
| Q4 2025 | $125.6M | +5% |
| Q3 2025 | $151.1M | +16% |
| Q2 2025 | $133.2M | +2.8% |
| Q1 2025 | $116.1M | +2.6% |
| Q4 2024 | $119.6M | +8.6% |
NWPX's revenue has grown year over year for 12 quarters in a row: $179M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 14% | +1 points |
| Q2 2026 | 13% | +3.3 points |
| Q1 2026 | 9.2% | +4.4 points |
| Q4 2025 | 10% | +1.6 points |
| Q3 2025 | 13% | +0.7 points |
| Q2 2025 | 9.9% | -0.6 points |
| Q1 2025 | 4.8% | -2.9 points |
| Q4 2024 | 8.8% | +0.9 points |
NWPX has the edge over RDW on profitability, with a higher operating margin.
RDW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $109M | +5.4% |
| Q2 2026 | $117.1M | +90% |
| Q1 2026 | $97M | +58% |
| Q4 2025 | $108.8M | +56% |
| Q3 2025 | $103.4M | +51% |
| Q2 2025 | $61.8M | -21% |
| Q1 2025 | $61.4M | -30% |
| Q4 2024 | $69.6M | +9.6% |
RDW's revenue has grown year over year for five quarters in a row: $109M last quarter, up 5.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -24% | +16 points |
| Q2 2026 | -19% | +130 points |
| Q1 2026 | -72% | -49 points |
| Q4 2025 | -75% | -48 points |
| Q3 2025 | -40% | -22 points |
| Q2 2025 | -149% | -140 points |
| Q1 2025 | -23% | -19 points |
| Q4 2024 | -27% | -17 points |
RDW's operating margin was −24% last quarter, up 16 points from the same quarter a year ago.
NWPX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.4M | +54% |
| Q2 2026 | $9.9M | +411% |
| Q1 2026 | $25.8M | +2090% |
| Q4 2025 | $30.8M | -3.5% |
| Q3 2025 | $13.2M | -21% |
| Q2 2025 | $1.9M | -88% |
| Q1 2025 | $1.2M | +$31.8M |
| Q4 2024 | $31.9M | +699% |
NWPX has the edge over RDW on cash generation, producing positive trailing cash flow while its opponent burns cash.
RDW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$65.3M | -$38.5M |
| Q2 2026 | -$33.5M | +$57.2M |
| Q1 2026 | -$11.4M | +$35.5M |
| Q4 2025 | -$26.5M | -659% |
| Q3 2025 | -$26.9M | -$7.6M |
| Q2 2025 | -$90.6M | -$80.2M |
| Q1 2025 | -$46.9M | -3996% |
| Q4 2024 | $4.7M | -65% |
RDW has burned cash in most quarters: −$137M over the past year, against −$160M the year before.
NWPX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +14K shares |
| 1 year | -0.1% | -8K shares |
| 3 years | -3% | -302K shares |
| 5 years | -1.2% | -116K shares |
| Available history | +0.3% | +26K shares |
NWPX has the edge over RDW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2M |
| Q2 2026 | $306,000 |
| Q1 2026 | $2.4M |
| Q4 2025 | $2.7M |
| Q3 2025 | $8.2M |
| Q2 2025 | $7.5M |
| Q1 2025 | — |
| Q4 2024 | — |
NWPX spent $7M buying back its own shares over the past year, down 58% from the year before.
RDW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +13% | +29.6M shares |
| 1 year | +179% | +160M shares |
| 3 years | +289% | +186M shares |
| 5 years | +319% | +190M shares |
RDW has 250M diluted shares, up 179% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
NWPX Net Leverage
RDW Net Leverage
RDW's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NWPX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.4 | Neutral |
| Stochastic | 14.5 | Oversold |
NWPX's weekly RSI is 39 (neutral) and its Stochastic is 15 (oversold).
RDW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.3 | Neutral |
| Stochastic | 16.1 | Oversold |
RDW's weekly RSI is 42 (neutral) and its Stochastic is 16 (oversold).
NWPX PE vs Industrials Sector
| Metric | NWPX | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 24x | 30% below |
| PE % | 64 | 58 | 6 pts above |
NWPX is trading at 17x earnings, a 30% discount to the Industrials sector's median of 24x.
RDW PE vs Industrials Sector
RDW has no meaningful PE right now: it lost money over the past year.
NWPX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $97.7 | 6.6% below |
| 20 week MA | $110.7 | 18% below |
| 50 week MA | $96.4 | 5.3% below |
| 100 week MA | $71.6 | 27% above |
| 200 week MA | $53.1 | 72% above |
NWPX has the edge over RDW on trend strength, trading above more of its moving averages.
RDW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.06 | 11% below |
| 20 week MA | $10.1 | 20% below |
| 50 week MA | $10.6 | 24% below |
| 100 week MA | $11.6 | 31% below |
| 200 week MA | $8.07 | 0.5% below |
RDW is in a downtrend: it's below all five of its weekly moving averages, and 0.5% below its 200-week average.
NWPX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $33.1 | $27.9 | -16% |
| 2021 | $27.9 | $30.2 | +8.2% |
| 2022 | $30.2 | $34.3 | +14% |
| 2023 | $34.3 | $30.3 | -12% |
| 2024 | $30.3 | $48.8 | +61% |
| 2025 | $48.8 | $64.1 | +31% |
| 2026 YTD | $64.1 | $91.3 | +43% |
NWPX has the edge over RDW on returns for 2026, with the stronger performance.
RDW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $10.2 | $7.34 | -28% |
| 2022 | $7.34 | $1.92 | -74% |
| 2023 | $1.92 | $2.85 | +48% |
| 2024 | $2.85 | $17.1 | +501% |
| 2025 | $17.1 | $7.15 | -58% |
| 2026 YTD | $7.15 | $8.03 | +12% |
RDW's yearly returns have swung widely, from +501% in 2024 to −74% in 2022. It's up 12% so far in 2026.