HIGHBuilt-inGeographic
52%
Utah
“10-K Item 1A: 'Texas and Utah, which we estimate represented approximately 42% and 52%, respectively, of Precast net sales for the year ended December 31, 2025'”
NWPX · Concentration risk · 10-K extracted
NWPX Infrastructure (NWPX) concentration risks
Updated
The most significant concentration NWPX Infrastructure discloses is Utah at 52%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: NWPX Infrastructure’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
42%
Texas
“10-K Item 1A: 'Texas and Utah, which we estimate represented approximately 42% and 52%, respectively, of Precast net sales for the year ended December 31, 2025'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06NWPX Infrastructure's concentration risk is purely geographic and concentrated within its Precast business. Utah represented approximately 52% of Precast net sales for the year ended December 31, 2025 — a high, structural concentration — while Texas represented approximately 42%, a moderate, structural concentration. Together, these two states account for the substantial majority of Precast net sales, leaving comparatively little of that segment's revenue spread across other geographies. Because both figures are disclosed as structural rather than dependency-driven — reflecting where the company's Precast operations and end-markets happen to be located rather than reliance on any single customer or supplier — the risk here is tied to regional construction activity, infrastructure spending, and economic conditions in Utah and Texas specifically. A slowdown concentrated in either state's construction market would have an outsized effect on Precast segment results given how much of that segment's revenue the two states jointly represent, and Utah's higher share means conditions there are the more consequential of the two to watch. There is no indication in the disclosed claims of a broader geographic footprint within Precast that would cushion a regional downturn in either state.
For the engine’s reasoning on NWPX’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Steel
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| NWPX● | NWPX Infrastructure, Inc. | 1 | 1 | 0 | 2 |
| CLF | Cleveland-Cliffs Inc. | 0 | 1 | 0 | 1 |
| MTUS | Metallus Inc. | 0 | 0 | 1 | 1 |
| NUE | Nucor Corporation | 0 | 0 | 0 | 0 |
| RS | Reliance, Inc. | 0 | 0 | 0 | 0 |
| STLD | Steel Dynamics, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.