vs

Side-by-side financial comparison of NPK International Inc. (NPKI) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

TOYO Co., Ltd is the larger business by last-quarter revenue ($139.1M vs $75.2M, roughly 1.8× NPK International Inc.). On growth, NPK International Inc. posted the faster year-over-year revenue change (30.7% vs 0.7%). NPK International Inc. produced more free cash flow last quarter ($5.8M vs $-7.1M).

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

NPKI vs TOYO — Head-to-Head

Bigger by revenue
TOYO
TOYO
1.8× larger
TOYO
$139.1M
$75.2M
NPKI
Growing faster (revenue YoY)
NPKI
NPKI
+30.0% gap
NPKI
30.7%
0.7%
TOYO
More free cash flow
NPKI
NPKI
$12.8M more FCF
NPKI
$5.8M
$-7.1M
TOYO

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
NPKI
NPKI
TOYO
TOYO
Revenue
$75.2M
$139.1M
Net Profit
$3.5M
Gross Margin
37.7%
16.6%
Operating Margin
16.7%
7.0%
Net Margin
2.5%
Revenue YoY
30.7%
0.7%
Net Profit YoY
-82.3%
EPS (diluted)
$0.17
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NPKI
NPKI
TOYO
TOYO
Q4 25
$75.2M
Q3 25
$68.8M
Q2 25
$68.2M
$139.1M
Q1 25
$64.8M
Q4 24
$57.5M
Q3 24
$44.2M
Q2 24
$66.8M
$138.1M
Q1 24
$49.0M
Net Profit
NPKI
NPKI
TOYO
TOYO
Q4 25
Q3 25
$5.7M
Q2 25
$8.7M
$3.5M
Q1 25
$10.0M
Q4 24
Q3 24
$-174.3M
Q2 24
$8.0M
$19.6M
Q1 24
$7.3M
Gross Margin
NPKI
NPKI
TOYO
TOYO
Q4 25
37.7%
Q3 25
31.9%
Q2 25
36.9%
16.6%
Q1 25
39.0%
Q4 24
39.2%
Q3 24
27.5%
Q2 24
37.2%
19.3%
Q1 24
36.0%
Operating Margin
NPKI
NPKI
TOYO
TOYO
Q4 25
16.7%
Q3 25
13.2%
Q2 25
17.0%
7.0%
Q1 25
20.9%
Q4 24
20.2%
Q3 24
2.8%
Q2 24
18.7%
16.3%
Q1 24
14.2%
Net Margin
NPKI
NPKI
TOYO
TOYO
Q4 25
Q3 25
8.2%
Q2 25
12.7%
2.5%
Q1 25
15.4%
Q4 24
Q3 24
-394.3%
Q2 24
12.0%
14.2%
Q1 24
14.9%
EPS (diluted)
NPKI
NPKI
TOYO
TOYO
Q4 25
$0.17
Q3 25
$0.07
Q2 25
$0.10
$0.10
Q1 25
$0.11
Q4 24
$0.10
Q3 24
$-1.99
Q2 24
$0.09
$0.48
Q1 24
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NPKI
NPKI
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$5.1M
Total DebtLower is stronger
$16.9M
$13.7M
Stockholders' EquityBook value
$351.2M
$67.0M
Total Assets
$441.8M
$353.6M
Debt / EquityLower = less leverage
0.05×
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NPKI
NPKI
TOYO
TOYO
Q4 25
$5.1M
Q3 25
$35.6M
Q2 25
$26.0M
Q1 25
$20.8M
Q4 24
$17.8M
Q3 24
$42.9M
Q2 24
$35.1M
Q1 24
$37.7M
Total Debt
NPKI
NPKI
TOYO
TOYO
Q4 25
$16.9M
Q3 25
$9.5M
Q2 25
$9.3M
$13.7M
Q1 25
$8.1M
Q4 24
$7.7M
Q3 24
$14.0M
Q2 24
$58.0M
$22.4M
Q1 24
$77.4M
Stockholders' Equity
NPKI
NPKI
TOYO
TOYO
Q4 25
$351.2M
Q3 25
$333.9M
Q2 25
$328.8M
$67.0M
Q1 25
$326.9M
Q4 24
$326.5M
Q3 24
$316.5M
Q2 24
$426.6M
$73.4M
Q1 24
$421.6M
Total Assets
NPKI
NPKI
TOYO
TOYO
Q4 25
$441.8M
Q3 25
$404.5M
Q2 25
$393.7M
$353.6M
Q1 25
$390.0M
Q4 24
$393.7M
Q3 24
$389.6M
Q2 24
$624.8M
$241.4M
Q1 24
$640.8M
Debt / Equity
NPKI
NPKI
TOYO
TOYO
Q4 25
0.05×
Q3 25
0.03×
Q2 25
0.03×
0.20×
Q1 25
0.02×
Q4 24
0.02×
Q3 24
0.04×
Q2 24
0.14×
0.31×
Q1 24
0.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NPKI
NPKI
TOYO
TOYO
Operating Cash FlowLast quarter
$18.0M
$40.0M
Free Cash FlowOCF − Capex
$5.8M
$-7.1M
FCF MarginFCF / Revenue
7.6%
-5.1%
Capex IntensityCapex / Revenue
16.3%
33.9%
Cash ConversionOCF / Net Profit
11.55×
TTM Free Cash FlowTrailing 4 quarters
$26.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NPKI
NPKI
TOYO
TOYO
Q4 25
$18.0M
Q3 25
$24.7M
Q2 25
$21.4M
$40.0M
Q1 25
$8.8M
Q4 24
$-4.1M
Q3 24
$2.8M
Q2 24
$27.6M
$21.8M
Q1 24
$11.9M
Free Cash Flow
NPKI
NPKI
TOYO
TOYO
Q4 25
$5.8M
Q3 25
$12.0M
Q2 25
$9.7M
$-7.1M
Q1 25
$-1.2M
Q4 24
$-17.7M
Q3 24
$-6.7M
Q2 24
$21.0M
$5.2M
Q1 24
$-1.9M
FCF Margin
NPKI
NPKI
TOYO
TOYO
Q4 25
7.6%
Q3 25
17.4%
Q2 25
14.3%
-5.1%
Q1 25
-1.8%
Q4 24
-30.8%
Q3 24
-15.2%
Q2 24
31.4%
3.8%
Q1 24
-3.9%
Capex Intensity
NPKI
NPKI
TOYO
TOYO
Q4 25
16.3%
Q3 25
18.5%
Q2 25
17.1%
33.9%
Q1 25
15.5%
Q4 24
23.6%
Q3 24
21.4%
Q2 24
9.9%
12.0%
Q1 24
28.3%
Cash Conversion
NPKI
NPKI
TOYO
TOYO
Q4 25
Q3 25
4.37×
Q2 25
2.47×
11.55×
Q1 25
0.88×
Q4 24
Q3 24
Q2 24
3.43×
1.11×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NPKI
NPKI

Rental Revenue$34.8M46%
Products$25.5M34%
Services$14.9M20%

TOYO
TOYO

Segment breakdown not available.

Related Comparisons