NPOEnpro Inc.
Is the business good?
A genuinely good business: earnings fully cash-backed (1.6×) and margins widening.
Operating profit is fully backed by cash.
Profits are tracking sales roughly one-for-one, limited operating leverage either way.
A balanced mix of margins, efficiency, and leverage. ROE 3% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is NPO?
Enpro Inc. earns 6.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 2.4 points below what the capital costs: growth destroys value
- Operating margin
- 14%
Operating margin · Specialty Industrial Machinery median 14% · 12 months to Q2 2026
- Cash conversion
- 1.60×
Cash conversion · 1.60× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +0.94%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | 3.6% |
| FY2021 | 7.8% |
| FY2022 | 6.6% |
| FY2023 | 7.2% |
| FY2024 | 14% |
| FY2025 | 14% |
Details›
- Gross margin12 months to Q2 2026
- 43%
- Operating margin12 months to Q2 2026
- 14%
- Net margin12 months to Q2 2026
- 3.6%
- Free cash flow margin
- 14%
- Revenue, trailing twelve months
- $1.22B
- Free cash flow, trailing twelve months
- $167M
- Net income, trailing twelve months
- $44M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 6.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Customers and suppliers
Who buys from NPO and who it buys from, as the companies report it.
- One customer24%
Share of revenue · FY2025 10-K
None disclosed.
A company has to disclose every customer behind 10% or more of its revenue. Each share comes from the latest annual report of the company that states it and shows on both companies’ pages; NPO’s own figures are from its FY2025 10-K. Smaller customers and suppliers go unreported.
Specialty Industrial Machinery
Ranks #24 of 34 by RyuScore