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Side-by-side financial comparison of Enpro Inc. (NPO) and PHOTRONICS INC (PLAB). Click either name above to swap in a different company.

Enpro Inc. is the larger business by last-quarter revenue ($295.4M vs $210.4M, roughly 1.4× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs -10.8%, a 21.7% gap on every dollar of revenue. On growth, Enpro Inc. posted the faster year-over-year revenue change (14.3% vs -5.5%). Over the past eight quarters, Enpro Inc.'s revenue compounded faster (7.1% CAGR vs -3.8%).

Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engin...

Photronics, Inc. is an American semiconductor photomask manufacturer. It was the third largest photomask supplier globally as of 2009. Photronics is a member of the eBeam Initiative.

NPO vs PLAB — Head-to-Head

Bigger by revenue
NPO
NPO
1.4× larger
NPO
$295.4M
$210.4M
PLAB
Growing faster (revenue YoY)
NPO
NPO
+19.8% gap
NPO
14.3%
-5.5%
PLAB
Higher net margin
PLAB
PLAB
21.7% more per $
PLAB
10.9%
-10.8%
NPO
Faster 2-yr revenue CAGR
NPO
NPO
Annualised
NPO
7.1%
-3.8%
PLAB

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
NPO
NPO
PLAB
PLAB
Revenue
$295.4M
$210.4M
Net Profit
$-32.0M
$22.9M
Gross Margin
42.1%
33.7%
Operating Margin
11.2%
22.9%
Net Margin
-10.8%
10.9%
Revenue YoY
14.3%
-5.5%
Net Profit YoY
-330.2%
-32.4%
EPS (diluted)
$-1.50
$0.39

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
NPO
NPO
PLAB
PLAB
Q4 25
$295.4M
Q3 25
$286.6M
$210.4M
Q2 25
$288.1M
$211.0M
Q1 25
$273.2M
$212.1M
Q4 24
$258.4M
$222.6M
Q3 24
$260.9M
$211.0M
Q2 24
$271.9M
$217.0M
Q1 24
$257.5M
$216.3M
Net Profit
NPO
NPO
PLAB
PLAB
Q4 25
$-32.0M
Q3 25
$21.6M
$22.9M
Q2 25
$26.4M
$8.9M
Q1 25
$24.5M
$42.9M
Q4 24
$13.9M
$33.9M
Q3 24
$19.8M
$34.4M
Q2 24
$26.7M
$36.3M
Q1 24
$12.5M
$26.2M
Gross Margin
NPO
NPO
PLAB
PLAB
Q4 25
42.1%
Q3 25
41.9%
33.7%
Q2 25
43.3%
36.9%
Q1 25
43.3%
35.6%
Q4 24
42.3%
37.0%
Q3 24
42.3%
35.6%
Q2 24
43.8%
36.5%
Q1 24
41.2%
36.6%
Operating Margin
NPO
NPO
PLAB
PLAB
Q4 25
11.2%
Q3 25
14.3%
22.9%
Q2 25
15.9%
26.4%
Q1 25
15.3%
24.6%
Q4 24
12.5%
25.1%
Q3 24
13.1%
24.7%
Q2 24
17.7%
25.8%
Q1 24
10.9%
26.6%
Net Margin
NPO
NPO
PLAB
PLAB
Q4 25
-10.8%
Q3 25
7.5%
10.9%
Q2 25
9.2%
4.2%
Q1 25
9.0%
20.2%
Q4 24
5.4%
15.2%
Q3 24
7.6%
16.3%
Q2 24
9.8%
16.7%
Q1 24
4.9%
12.1%
EPS (diluted)
NPO
NPO
PLAB
PLAB
Q4 25
$-1.50
Q3 25
$1.01
$0.39
Q2 25
$1.25
$0.15
Q1 25
$1.15
$0.68
Q4 24
$0.65
$0.54
Q3 24
$0.94
$0.55
Q2 24
$1.27
$0.58
Q1 24
$0.59
$0.42

Balance Sheet & Financial Strength

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

Metric
NPO
NPO
PLAB
PLAB
Cash + ST InvestmentsLiquidity on hand
$114.7M
$575.8M
Total DebtLower is stronger
$655.3M
$16.0K
Stockholders' EquityBook value
$1.5B
$1.1B
Total Assets
$2.7B
$1.8B
Debt / EquityLower = less leverage
0.42×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NPO
NPO
PLAB
PLAB
Q4 25
$114.7M
Q3 25
$132.9M
$575.8M
Q2 25
$107.1M
$558.4M
Q1 25
$240.3M
$642.2M
Q4 24
$236.3M
$640.7M
Q3 24
$206.9M
$606.4M
Q2 24
$175.9M
$559.9M
Q1 24
$163.9M
$521.5M
Total Debt
NPO
NPO
PLAB
PLAB
Q4 25
$655.3M
Q3 25
$16.0K
Q2 25
$19.0K
Q1 25
$21.0K
Q4 24
$640.1M
$25.0K
Q3 24
$28.0K
Q2 24
$2.5M
Q1 24
$644.9M
$2.7M
Stockholders' Equity
NPO
NPO
PLAB
PLAB
Q4 25
$1.5B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.1B
Q1 25
$1.5B
$1.1B
Q4 24
$1.4B
$1.1B
Q3 24
$1.5B
$1.1B
Q2 24
$1.4B
$1.0B
Q1 24
$1.4B
$1.0B
Total Assets
NPO
NPO
PLAB
PLAB
Q4 25
$2.7B
Q3 25
$2.4B
$1.8B
Q2 25
$2.4B
$1.7B
Q1 25
$2.5B
$1.7B
Q4 24
$2.5B
$1.7B
Q3 24
$2.5B
$1.6B
Q2 24
$2.5B
$1.6B
Q1 24
$2.5B
$1.6B
Debt / Equity
NPO
NPO
PLAB
PLAB
Q4 25
0.42×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.45×
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.46×
0.00×

Cash Flow & Capital Efficiency

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

Metric
NPO
NPO
PLAB
PLAB
Operating Cash FlowLast quarter
$50.1M
Free Cash FlowOCF − Capex
$25.2M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
4.1%
11.8%
Cash ConversionOCF / Net Profit
2.19×
TTM Free Cash FlowTrailing 4 quarters
$64.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NPO
NPO
PLAB
PLAB
Q4 25
Q3 25
$65.3M
$50.1M
Q2 25
$52.2M
$31.5M
Q1 25
$21.0M
$78.5M
Q4 24
$59.4M
$68.4M
Q3 24
$54.0M
$75.1M
Q2 24
$43.2M
$76.5M
Q1 24
$6.3M
$41.5M
Free Cash Flow
NPO
NPO
PLAB
PLAB
Q4 25
Q3 25
$53.4M
$25.2M
Q2 25
$42.3M
$-29.1M
Q1 25
$13.0M
$43.3M
Q4 24
$49.1M
$25.2M
Q3 24
$48.3M
$50.7M
Q2 24
$38.3M
$56.5M
Q1 24
$-1.9M
$-1.8M
FCF Margin
NPO
NPO
PLAB
PLAB
Q4 25
Q3 25
18.6%
12.0%
Q2 25
14.7%
-13.8%
Q1 25
4.8%
20.4%
Q4 24
19.0%
11.3%
Q3 24
18.5%
24.0%
Q2 24
14.1%
26.0%
Q1 24
-0.7%
-0.8%
Capex Intensity
NPO
NPO
PLAB
PLAB
Q4 25
4.1%
Q3 25
4.2%
11.8%
Q2 25
3.4%
28.7%
Q1 25
2.9%
16.6%
Q4 24
4.0%
19.4%
Q3 24
2.2%
11.6%
Q2 24
1.8%
9.2%
Q1 24
3.2%
20.0%
Cash Conversion
NPO
NPO
PLAB
PLAB
Q4 25
Q3 25
3.02×
2.19×
Q2 25
1.98×
3.55×
Q1 25
0.86×
1.83×
Q4 24
4.27×
2.02×
Q3 24
2.73×
2.18×
Q2 24
1.62×
2.11×
Q1 24
0.50×
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NPO
NPO

Sealing Technologies Segment$187.0M63%
General Industrial$71.3M24%
Power Generation$19.9M7%
Oiland Gas Market$15.0M5%
Semiconductors$2.2M1%

PLAB
PLAB

High End Integrated Circuits$53.6M25%
High End Flat Panel Displays$53.5M25%
KR$43.7M21%
Other$42.1M20%
Mainstream Flat Panel Displays$9.1M4%
Transferred At Point In Time$8.4M4%

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