National Presto Industries, Inc. (NPK) reported earnings per share of $4.63 for the year ending December 31, 2025, a decrease from $5.82 in 2024. Despite this decline, net sales surged to $503.5 million, marking a 29.7% increase from $388.2 million the previous year. However, net earnings fell by 20.2% to $33.1 million, attributed largely to profitability pressures in its Housewares/Small Appliance segment.
The company’s Defense segment experienced significant growth, with sales up 42.9% to $404.3 million, driven by increased shipment volumes linked to a substantial backlog. In contrast, the Housewares/Small Appliance segment reported a revenue decrease of 7.0% to $97.7 million, largely due to tariff-related challenges impacting consumer demand and retailer pricing strategies.
National Presto’s board declared a regular dividend of $1.00 per share for 2026, with payment scheduled for March 20, 2026, to shareholders of record as of March 9. The company noted that no special dividend will be issued this year as cash allocation is prioritized for fulfilling the Defense segment’s backlog.
