National Presto 2024 net earnings rise 20% to $41.5 million, $5.82 a share
National Presto reported 2024 net sales of $388.2 million, up 13.9%, and net earnings of $41.5 million, or $5.82 per share, up 20% from 2023. Growth was led by the Defense segment, which shipped from its backlog. The company said there will be no extra dividend in 2025, citing the cash needed to build inventory for a Defense backlog that now exceeds $1 billion.
Key points
- Net sales rose $47.3 million, or 13.9%, to $388.2 million from $340.9 million in 2023.
- Net earnings rose to $41.5 million, or $5.82 per share, from $34.6 million, or $4.86 per share, in 2023.
- Defense segment sales rose $42.3 million, or 17.5%; the Safety segment reported a loss.
- The Board declared a regular 2025 dividend of $1.00 per share, and no extra dividend will be paid in 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 21, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.