Ampco-Pittsburgh Corp. (AP) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 23	—	$0.03	—	—	$104.8M	—
Q4 22	—	-$0.02	—	—	$93.5M	—
Q3 22	—	$0.04	—	—	$99.6M	—
Q2 22	—	$0.02	—	—	$102.6M	—
Q1 22	—	$0.08	—	—	$94.4M	—
Q4 21	—	-$0.23	—	—	$84.5M	—
Q3 21	—	-$0.08	—	—	$81.2M	—
Q2 21	—	$0.05	—	—	$92.4M	—
Q1 21	$0.07	$0.01	-85.7%	—	$86.8M	—
Q4 20	$0.06	$0.13	+116.7%	—	$87M	—
Q3 20	$0.06	$0.07	+16.7%	—	$75.7M	—
Q2 20	-$0.48	$0.05	+110.4%	—	$74.8M	—
Q1 20	$0.11	$0.27	+145.5%	—	$91.1M	—
Q4 19	-$0.02	$0.24	+1300.0%	—	$97M	—
Q3 19	-$0.26	-$0.4	-53.8%	—	$90.9M	—
Q2 19	$0.41	$0.1	-75.6%	—	$102.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	-$3.28	—	—	$434.2M	—
FY24	—	$0.02	—	—	$418.3M	—
FY23	—	-$2.04	—	—	$422.3M	—
FY22	—	$0.18	—	—	$390.2M	—
FY21

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$331.9M	$385.2M	$419.4M	$397.9M	$328.5M	$344.9M	$390.2M	$422.3M	$418.3M	$434.2M
YoY change	+39.2%	+16.1%	+8.9%	-5.13%	-17.4%	+4.98%	+13.1%	+8.24%	-0.96%	+3.79%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	331.9M	385.2M	419.4M	397.9M	328.5M	344.9M	390.2M	422.3M	418.3M	434.2M
Cost of revenue	276.5M	317M	351.8M	326.2M	257.5M	278.8M	328M	347.8M	336.8M	354.2M
Gross profit	55.4M	68.2M	67.6M	71.7M	71M	66.1M	62.2M	74.6M	81.5M	80M
Gross margin	16.7%	17.7%	16.1%	18%	21.6%	19.2%	15.9%	17.7%	19.5%	18.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	58.2M	60.2M	58.1M	53.6M	45.5M	46M	37M	45.9M	54.9M	52.1M
Operating expenses	58.2M	60.2M	58.1M	53.6M	45.5M	46M	37M	45.9M	54.9M	52.1M
Operating income	-23.3M	-13.4M	-11.9M	-863K	6.9M	2.2M	7.8M	11M	8M	6.1M
Operating margin	-7.01%	-3.47%	-2.83%	-0.22%	2.1%	0.65%	2%	2.61%	1.91%	1.39%
Non-operating income, net	-31.9M	-989K	-27.8M	-2.2M	5.9M	364K	3.2M	-41M	8.7M	-58.1M
Pretax income	-57.5M	-17.4M	-43.8M	-8.4M	8.7M	-995K	5.6M	-39.3M	5M	-63.4M
Income tax	22.7M	-1.4M	268K	2.1M	-470K	2.3M	1.6M	-1.2M	2.7M	120K
Net income	-79.8M	-11.3M	-67.5M	-19.6M	9.2M	-3.3M	4M	-38.1M	2.4M	-63.5M
Net margin	-24%	-2.93%	-16.1%	-4.92%	2.79%	-0.96%	1.02%	-9.03%	0.56%	-14.6%
EBITDA	-3.9M	7.3M	14.2M	24.6M	30.5M	26.9M	25.2M	28.6M	31.4M	30.8M
EPS	-6.68	-0.98	-5.57	-1.67	0.56	-0.2	0.18	-2.04	0.02	-3.28
Diluted EPS	-6.68	-0.98	-5.57	-1.67	0.54	-0.2	0.18	-2.04	0.02	-3.28

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	102.2M	108.1M	110.2M	111M	96.2M	100.9M	104.3M	113.1M	108M	108.8M	108.3M	102.9M
Cost of revenue	84.5M	91.4M	92.5M	87.7M	76.4M	80.2M	82.1M	92M	86.7M	93.5M	86.8M	80.7M
Gross profit	17.7M	16.7M	17.7M	23.3M	19.8M	20.7M	22.2M	21.1M	21.4M	15.3M	21.6M	22.2M
Gross margin	17.3%	15.4%	16.1%	21%	20.6%	20.5%	21.3%	18.7%	19.8%	14.1%	19.9%	21.6%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.8M	7.8M	13M	13.6M	13.3M	15M	13.7M	13M	12.7M	12.8M	13.9M	12.9M
Operating expenses	11.8M	7.8M	13M	13.6M	13.3M	15M	13.7M	13M	12.7M	12.8M	13.9M	12.9M
Operating income	1.5M	4.3M	82K	5.1M	1.9M	1M	3.9M	2.8M	1.5M	-2.1M	3.4M	5.1M
Operating margin	1.49%	4.01%	0.07%	4.56%	1.93%	1%	3.71%	2.46%	1.41%	-1.95%	3.17%	4.96%
Non-operating income, net	2.3M	-44.8M	923K	1.4M	299K	6.1M	810K	-6.1M	347K	-53.2M	-272K	517K
Pretax income	1.3M	-43M	-1.8M	3.4M	-818K	4.2M	1.9M	-6.1M	-1.1M	-58.1M	435K	2.8M
Income tax	76K	-1.7M	454K	863K	636K	742K	59K	592K	525K	-1.1M	585K	677K
Net income	1.2M	-41.3M	-2.2M	2.6M	-1.5M	3.5M	1.9M	-6.7M	-1.7M	-57.1M	-150K	2.1M
Net margin	1.21%	-38.2%	-2%	2.3%	-1.51%	3.43%	1.81%	-5.94%	-1.53%	-52.4%	-0.14%	2.09%
EBITDA	7.2M	5.2M	5.9M	10.9M	7.7M	6.8M	9.2M	8.9M	9.3M	3.3M	8.1M	9.9M
EPS	0.04	—	-0.14	0.1	-0.1	0.16	0.06	-0.36	-0.11	-2.85	-0.04	0.07
Diluted EPS	0.04	—	-0.14	0.1	-0.1	0.16	0.06	-0.36	-0.11	-2.85	-0.04	0.07

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	152.9M	38.6M	37.9M	—	—	48.5M	53.6M	41.6M	107.3M	183.4M
Enterprise value	—	200.4M	96.5M	106.1M	—	—	148.7M	179.7M	159.3M	234.9M	330.7M
Shares outstanding	12M	12.3M	12.4M	12.6M	14.3M	19M	19.3M	19.6M	19.9M	20.1M	20.1M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	—	—	—	12.2	—	17.7	—	15.5
P/S	—	0.4	0.09	0.1	—	—	0.12	0.13	0.1	0.25	0.43
P/B	—	0.95	0.42	0.68	—	—	0.43	0.75	0.58	2.24	5.84
EV/EBITDA	—	27.5	6.79	4.32	—	—	5.9	6.28	5.07	7.64	10.4
EV/Sales	—	0.52	0.23	0.27	—	—	0.38	0.43	0.38	0.54	0.77
Earnings yield	—	—	—	—	—	—	8.21%	—	5.66%	—	6.47%
FCF yield	—	-18.9%	-42.6%	-47.7%	—	—	-90.5%	-45.1%	14%	-7.51%	3.93%
PEG	—	—	—	—	—	—	—	—	—	—	-0.13

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	16.7%	17.7%	16.1%	18%	21.6%	19.2%	15.9%	17.7%	19.5%	18.4%	21.6%
Operating margin	-7.01%	-3.47%	-2.83%	-0.22%	2.1%	0.65%	2%	2.61%	1.91%	1.39%	6.41%
Net margin	-24%	-2.93%	-16.1%	-4.92%	2.79%	-0.96%	1.02%	-9.03%	0.56%	-14.6%	-13.8%
ROE	-53.3%	-6.99%	-72.6%	-35.2%	10.8%	-2.94%	3.51%	-53.3%	3.31%	-132.5%	-90.9%
ROA	-14.1%	-2%	-11.8%	-3.86%	1.98%	-0.65%	0.79%	-6.74%	0.44%	-12.8%	1.9%
ROIC	-14.2%	-6.39%	-7.86%	-0.7%	6.3%	1.34%	2.62%	5.57%	1.98%	3.45%	4.33%
Return on tangible assets	-14.7%	-2.08%	-12.2%	-3.98%	2.04%	-0.67%	0.81%	-6.86%	0.45%	-13.1%	-11.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.53	1.66	1.36	1.56	1.63	1.67	1.99	2.02	1.89	1.84	1.78
Quick ratio	0.96	1.01	0.8	0.89	0.94	0.8	0.94	0.96	0.96	1.04	0.96
Debt / equity	0.35	0.41	0.83	1.35	0.49	0.58	0.96	1.86	1.87	2.88	2.94
Debt / assets	0.09	0.12	0.14	0.15	0.09	0.13	0.22	0.24	0.25	0.28	0.29
Net debt / EBITDA	-3.52	6.52	4.08	2.77	0.81	2.03	3.98	4.41	3.75	4.15	4.4
Interest coverage	-23	-4.65	-9.61	-0.57	3.11	0.72	2.02	-3.2	1.43	-4.58	-3.94
Effective tax rate	0%	0%	0%	0%	0%	0%	28.4%	0%	53.4%	0%	0%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	27.8	31.2	33.7	31.6	23	18.2	20.2	21.5	21	21.6	21.1
EPS (basic)	-6.68	-0.98	-5.57	-1.67	0.56	-0.2	0.18	-2.04	0.02	-3.28	-3.28
EPS (diluted)	-6.68	-0.98	-5.57	-1.67	0.54	-0.2	0.18	-2.04	0.02	-3.28	-2.94
Book value per share	12.5	13.1	7.47	4.42	5.96	5.92	5.87	3.65	3.57	2.38	1.51
FCF per share	-1.36	-2.34	-1.32	-1.43	1.76	-1.64	-2.27	-1.23	0.29	-0.4	-0.19
Cash per share	3.23	1.51	1.58	0.55	1.18	0.55	0.45	0.37	0.78	0.53	0.34
Capex per share	0.88	1.06	0.73	0.87	0.57	0.79	0.86	1.04	0.61	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	3.18%	3.38%	2.17%	2.74%	2.49%	4.35%	4.27%	4.81%	2.91%	—	—
Capex / operating cash flow	-27.2%	-54.2%	71.2%	-111.1%	17.7%	-118.9%	-85.1%	11.4K%	60.4%	—	—
Payout ratio	-6.52%	-19.8%	-0.05%	—	—	—	—	—	—	—	0%
Dividend yield	—	1.46%	0.09%	—	—	—	—	—	—	—	4.03%

Yield

4.03%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.09

ex-dividend Apr 11, 2017

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Apr 11, 2017	$0.09
Jan 11, 2017	$0.09
Oct 12, 2016	$0.09

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$102.2M	$108.1M	$110.2M	$111M	$96.2M	$100.9M	$104.3M	$113.1M	$108M	$108.8M	$108.3M	$102.9M
YoY change	+2.58%	+15.6%	+5.16%	+3.52%	-5.92%	-6.63%	-5.4%	+1.91%	+12.3%	+7.78%	+3.9%	-9.01%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	38.6M	18.7M	19.7M	7M	16.8M	10.3M	8.7M	7.3M	15.4M	10.7M
Receivables	72.2M	81.5M	69.4M	81.8M	60.4M	68.8M	73.6M	79.9M	72.5M	81.4M
Inventory	83.6M	93.5M	94.2M	82.3M	73.2M	108.7M	121.7M	124.7M	116.8M	104.4M
Total current assets	221.5M	240.2M	227.9M	193.4M	171.8M	208.8M	231.4M	236.7M	236.8M	239.6M
Property, plant & equipment	148.4M	137.7M	120.2M	108.8M	100.9M	97.5M	95.6M	90.2M	80.6M	61.6M
Goodwill & intangibles	23.2M	22M	18.4M	15.3M	14.4M	12.4M	10.4M	9.9M	8.5M	9.3M
Total assets	565.9M	565.6M	571.1M	506.6M	463.2M	506M	502.8M	565.7M	530.9M	495.4M
Accounts payable	37.1M	35.4M	38.9M	33.3M	26.7M	44.2M	43.6M	37.2M	36.7M	48.1M
Short-term debt	26.8M	19.3M	45.7M	21M	13.1M	20.6M	13M	13.2M	13.1M	16.7M
Total current liabilities	144.3M	144.7M	167.5M	124.2M	105.3M	125M	116.2M	116.9M	125.2M	130.5M
Long-term debt	25.4M	46.8M	31.9M	54.1M	28.5M	44.3M	95.9M	120.2M	120.1M	121.6M
Total liabilities	416.1M	403.8M	478.1M	450.9M	378.2M	393.8M	389.4M	494.1M	459.8M	447.4M
Shareholders' equity	149.8M	161.8M	93M	55.6M	85M	112.1M	113.4M	71.6M	71.1M	48M
Total debt	52.2M	66.2M	77.6M	75.1M	41.6M	65M	109M	133.4M	133.2M	138.3M
Net debt	13.6M	47.5M	57.9M	68.2M	24.7M	54.6M	100.3M	126.1M	117.7M	127.6M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	6.1M	7.3M	10.8M	7.9M	11.8M	15.4M	7.1M	9.9M	15M	10.7M	9.2M	7M
Receivables	83.3M	79.9M	84.3M	88.8M	77.2M	72.5M	84.9M	86.2M	83.1M	81.4M	96.2M	88.3M
Inventory	130.7M	124.7M	123.1M	119.8M	120.9M	116.8M	124.2M	123.7M	119.2M	104.4M	105.1M	113.8M
Total current assets	242.5M	236.7M	243.8M	247.4M	238.7M	236.8M	246.5M	251.2M	249.5M	239.6M	249.1M	247.9M
Property, plant & equipment	96.6M	90.2M	89.6M	87.2M	85.7M	80.6M	80.6M	77.3M	71.8M	61.6M	61M	61.6M
Goodwill & intangibles	9.5M	9.9M	9.3M	9.1M	9.4M	8.5M	9M	9.3M	9.2M	9.3M	8.9M	8.7M
Total assets	506.1M	565.7M	565.8M	560.8M	547.4M	530.9M	536.2M	537.2M	524.4M	495.4M	497.2M	490.9M
Accounts payable	43.5M	37.2M	42.5M	41.4M	31.8M	36.7M	42M	45.9M	46.9M	48.1M	49.9M	45.8M
Short-term debt	14.6M	13.2M	15.7M	16.8M	15.2M	13.1M	13.2M	19.7M	17.2M	16.7M	19.7M	18.2M
Total current liabilities	118.8M	116.9M	125.7M	124.8M	119.7M	125.2M	132.6M	139.8M	135.8M	130.5M	142.1M	139.6M
Long-term debt	118.1M	120.2M	119.8M	123.1M	119.9M	120.1M	119.1M	119.9M	122.7M	121.6M	119M	123.9M
Total liabilities	391.8M	494.1M	498.6M	491.3M	473.7M	459.8M	458.5M	460.7M	449.9M	447.4M	449.6M	442.6M
Shareholders' equity	114.3M	71.6M	67.2M	69.5M	73.7M	71.1M	77.7M	76.5M	74.6M	48M	47.6M	48.3M
Total debt	132.7M	133.4M	135.5M	139.9M	135.1M	133.2M	132.3M	139.6M	139.9M	138.3M	138.7M	142.1M
Net debt	126.6M	126.1M	124.7M	132M	123.3M	117.7M	125.2M	129.6M	124.9M	127.6M	129.5M	135M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-79.8M	-15.1M	-43.6M	-10.5M	9.2M	-3.3M	4M	-38.1M	2.4M	-63.5M
Depreciation & amortization	20.5M	21.4M	21.4M	19M	18.6M	17.9M	17.4M	17.7M	18.6M	21.8M
Stock-based compensation	2.3M	2.4M	2.1M	1.4M	1.3M	2.4M	1.7M	2.1M	1.5M	1.4M
Change in working capital	-10.6M	-37.5M	4M	-20.4M	15.5M	-38.3M	-40.2M	-20.2M	-114K	299K
Operating cash flow	-38.8M	-24M	12.8M	-9.8M	46.2M	-12.6M	-19.6M	179K	20.2M	1.3M
Capital expenditure	-10.6M	-13M	-9.1M	-10.9M	-8.2M	-15M	-16.7M	-20.3M	-12.2M	—
Investing cash flow	-40.9M	-11.3M	-1M	-2.7M	-7.9M	-14.7M	-16.3M	-19.7M	-8.2M	-26K
Dividends paid	-5.2M	-2.2M	-35K	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	880K	3.9M	-41M	-22.8M	-45.5M	12.6M	15.7M	-2M	-25.3M	-39.2M
Net change in cash	-78.8M	-31.4M	-29.2M	-35.3M	-7.2M	-14.8M	-20.2M	-21.5M	-13.4M	-37.9M
Free cash flow	-16.2M	-28.9M	-16.4M	-18.1M	25.2M	-31.1M	-43.9M	-24.1M	5.8M	-8.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation & amortization	—	—	—	—	—	—	—	—	—	—	—	—
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	—	—	—	—	—	—	—	-2.3M	6.3M	2.7M	1.6M	286K
Capital expenditure	-4.1M	-6.3M	-2.8M	-2.7M	-2.9M	-3.8M	-2.2M	—	—	—	—	—
Investing cash flow	-4M	-6.2M	-2.8M	-2.3M	-2.3M	-1.6M	-1.7M	158K	1.2M	-1.9M	142K	122K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-2.6M	-7.6M	-2.6M	-10M	-12.3M	-8.7M	-1.7M	-11.4M	-8M	-10.4M	182K	-15.5M
Net change in cash	-6.6M	-13.8M	-5.5M	-12.4M	-14.5M	-10.3M	-3.4M	-13.6M	-613K	-9.6M	2M	-15.1M
Free cash flow	-7.4M	327K	1.7M	-8M	8.4M	3.7M	-7.5M	-3.8M	3.3M	-64K	-1.7M	-5.5M

Ampco-Pittsburgh Corp. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history