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National Presto IndustriesNPK +0.17%79 Debt-to-Equity is 0.02 as of Mar. 2026, which is 33% below its 10-year median of 0.03. GuruFocus rates NPK with a GF Score™ of 79/100 and a GF Value™ of $123.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 313 Aerospace & Defense companies, National Presto Industries ranks better than 93.93% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for National Presto Industries's Debt-to-Equity or its related term are showing as below:
NPK'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.12
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of National Presto Industries was 0.12. The lowest was 0.01. And the median was 0.03.
NPK's Debt-to-Equity is ranked better than 93.93% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.31
vs NPK: 0.02
National Presto Industries (NYSE:NPK) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
National Presto Industries Debt-to-Equity Related Terms
National Presto Industries Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, National Presto Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Presto Industries Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, National Presto Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where National Presto Industries's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
National Presto Industries (NPK) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on National Presto Industries and its competitors. This is 33% below median its historical median of 0.03. Over the past decade, National Presto Industries' Debt-to-Equity has ranged from 0.01 to 0.12. According to the industry distribution chart, National Presto Industries ranks #19 out of 313 companies in the Aerospace & Defense industry, placing it in the top 6.1%.
Is National Presto Industries' Debt-to-Equity too high?
National Presto Industries' current Debt-to-Equity of 0.02 is 33% below median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.12. The Aerospace & Defense industry median Debt-to-Equity is 0.31. National Presto Industries' value of 0.02 is 93.5% below this industry median. Based on the distribution chart, National Presto Industries ranks #19 out of 313 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, National Presto Industries has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Presto Industries' Debt-to-Equity compare to AVEX and EVEX?
According to the Aerospace & Defense industry distribution chart, National Presto Industries ranks #19 out of 313 companies for Debt-to-Equity. This places National Presto Industries in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.31. National Presto Industries' value of 0.02 is 93.5% below this benchmark. Historically, National Presto Industries' own Debt-to-Equity has ranged from 0.01 to 0.12 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.31, National Presto Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.31, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Presto Industries's current Debt-to-Equity of 0.02 is 93.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on National Presto Industries and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Presto Industries's current Debt-to-Equity is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Presto Industries stock overvalued right now?
Based on GuruFocus' analysis, National Presto Industries (NPK) is currently considered Fairly Valued. The stock's GF Value™ is $123.34, compared to a current price of $125.21 — trading 1.5% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 33% below median its 10-year median of 0.03 and 93.5% below the Aerospace & Defense industry median of 0.31. National Presto Industries' overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For National Presto Industries (NPK), the current Debt-to-Equity is 0.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Presto Industries (NPK) Overvalued in 2026?
Based on GuruFocus' analysis, National Presto Industries stock appears to be overvalued.
The current stock price of $125.21 is trading 1.5% above its estimated GF Value™ of $123.34.
GuruFocus considers National Presto Industries to be Fairly Valued.
Key valuation signals for NPK:
Debt-to-Equity: 0.02 (33% below median its 10-year median of 0.03)
GF Value™: $123.34 vs. price of $125.21 (1.5% above fair value)
Industry Position: 93.5% below the Aerospace & Defense median (#19 of 313)
No single metric tells the full story. See the NPK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Presto Industries Inc has an electric product portfolio consisting of household appliances, ammunition, and diapers. The company operates in three segments, namely Defense, Housewares/Small Appliance, and Safety. The defense segment, which is engaged in manufacturing 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases, performs Load, Assemble, and Pack (LAP) operations on ordnance-related products for the U.S. Government and prime contractor. While the Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, the safety segment provides safety technology empowering organizations and individuals to protect what is more important.
79GF Score
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