American Superconductor Corporation

AMSC Industrials Specialty Industrial Machinery

American Superconductor Corporation’s revenue for fiscal 2026 (year ended March 2026) was $299.2 million, up 34.3% from fiscal 2025.

Revenue
+42.8%
EPS
−41.4%
Free cash flow
+68.4%

Quarter to September 2026, against a year earlier

23.06 0.92 −3.84%
Market cap
$1.2B
P/E
7.5×
Fwd P/E
53.4×
Dividend yield
—
F-score
6/9
Altman Z
3.75
Beneish M
−0.78
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 7.80
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — 1 — — — 7 — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 1,160.00
Revenue ttm 349.05
Net income ttm 134.82
Free cash flow ttm 44.21
Net debt Q (177.21)
Valuation
P/E 7.55
Forward P/E 53.40 (above 35: high)
Price / sales 3.07
Forward P/S Powerpack
Price / FCF 30.37
Price / book 1.84
Financial health
Current ratio Q 2.38 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q (12.21)
Growth
Revenue growth Q +42.78% (above 0%: growing)
Operating income growth Q +80.78% (above 0%: growing)
EPS, this year −77.17% (below 0%: weak)
EPS, next year A +54.74% (at or above 15%: strong)
Revenue, next year A +22.95% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A −26.38% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 10.78%
10-year low 10-year high
P/S against its own 10 years 57.81%
10-year low 10-year high
P/B against its own 10 years 32.70%
10-year low 10-year high
EV/Sales against its own 10 years 59.46%
10-year low 10-year high
EV/FCF against its own 10 years 37.37%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 91 81 144 177
Receivables 26 46 69 66
Inventory 42 71 104 98
Other — — — —
166 207 332 354
2024 2025 2026 Q'26
Payables 24 32 47 45
ST’ Debt 0 — — —
Other 3 — 13 6
79 100 139 148

Compound Annual Growth %

10y 5y 3y
Sales 12.03% 27.98% 41.32%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 20.86% 36.65% 89.37%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 0.20 0.06 — — —
’26 0.17 0.11 2.62 0.10 3.05
’25 (0.07) 0.13 0.06 0.03 0.16
’24 (0.19) (0.09) (0.06) (0.05) (0.37)
’23 (0.32) (0.35) (0.34) (0.25) (1.26)
’22 (0.20) (0.16) (0.16) (0.18) (0.71)
’21 (0.16) (0.17) (0.31) (0.29) (0.95)
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 94 94 — — —
’26 72 66 75 86 299
’25 40 54 61 67 223
’24 30 34 39 42 146
’23 23 28 24 32 106
’22 25 28 27 28 108
’21 21 21 24 21 87
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 16 33 — — —
’26 4 6 3 9 23
’25 3 13 6 6 28
’24 (2) 1 1 2 2
’23 (6) (6) (5) (5) (22)
’22 (6) (6) (4) (3) (19)
’21 (3) (3) 2 (4) (9)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 6 29 — — —
’26 3 5 2 7 18
’25 3 12 5 5 26
’24 (2) 1 1 2 1
’23 (6) (6) (6) (6) (24)
’22 (6) (6) (4) (3) (20)
’21 (4) (4) 1 (4) (10)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 75 48 56 64 87 108 106 146 223 299 349 +16.6% 368 424 533 +21.2%
Gross margin, % 14.42 7.84 24.94 14.80 20.03 12.44 8.04 24.23 27.76 30.55 27.99 +16.1 pt
EBT (26) (33) 33 (17) (24) (21) (35) (11) 2 17 22 n/m
EBT margin, % (34.88) (68.05) 58.96 (26.47) (26.98) (19.41) (32.86) (7.42) 1.06 5.60 6.33 +40.5 pt
Net income (27) (33) 27 (17) (23) (19) (35) (11) 6 134 135 n/m
Per share, $
Per share, $ Revenue 5.45 2.55 2.76 3.04 3.65 3.99 3.81 4.88 6.02 6.97 7.50 +2.8%
Earnings (1.98) (1.73) 1.32 (0.81) (0.95) (0.71) (1.26) (0.37) 0.16 3.12 3.05 n/m
Cash flow (0.81) (1.31) 2.10 (0.79) (0.36) (0.70) (0.81) 0.07 0.76 0.54 1.32 n/m
Capex (0.05) 0.76 0.11 (0.08) (0.07) (0.03) (0.04) (0.03) (0.07) (0.11) (0.37) +10.7%
Free cash flow (0.86) (0.55) 2.21 (0.86) (0.44) (0.73) (0.85) 0.04 0.70 0.43 0.95 n/m
Book value 4.36 2.75 3.99 3.44 4.88 4.02 2.94 4.85 5.33 12.93 12.51 +12.8%
Shares, m 14 19 20 21 24 27 28 30 37 43 45 +13.4%
Valuation, ×
Valuation, × P/E 0.00 0.00 9.23 0.00 0.00 0.00 0.00 0.00 113.38 11.06 7.55 13.4
P/S 1.26 2.19 4.41 1.80 5.20 1.91 1.29 2.76 3.01 4.86 3.07 2.9
P/B 1.57 2.03 3.05 1.59 3.88 1.89 1.67 2.78 3.40 2.62 1.84 2.5
EV/Sales 0.91 1.52 3.05 0.99 4.38 1.51 1.05 2.15 2.66 4.40 2.59 2.3
EV/FCF (5.78) (7.03) 3.82 (2.43) (19.74) (5.69) (3.43) (40.82) 34.83 140.43 25.57 9.4
Cash, $m
Cash, $m Operating cash flow (11) (25) 43 (16) (9) (19) (22) 2 28 23 61 n/m
Capex (1) 14 2 (2) (2) (1) (1) (1) (2) (5) (17) +25.6%
Free cash flow (12) (10) 45 (18) (10) (20) (24) 1 26 18 44 n/m
Balance, $m
Balance, $m Working capital 23 40 75 53 64 40 22 88 107 193 206 +26.4%
Net debt (26) (34) (77) (52) (71) (43) (25) (91) (81) (144) (177) +20.9%
Shareholders’ equity 60 52 81 72 117 109 82 145 197 555 582 +28.0%
Returns, %
Returns, % ROA (23.24) (34.79) 25.79 (14.05) (15.48) (11.20) (20.06) (5.44) 2.22 25.49 22.10 +48.7 pt
ROIC (50.44) (110.76) 573.16 (71.20) (31.93) (19.91) (36.33) (13.25) (0.58) 1.74 2.78 +52.2 pt
ROE (38.08) (58.29) 40.11 (22.29) (24.02) (16.99) (36.66) (9.82) 3.53 35.56 29.17 +73.6 pt
People
People Employees 354 247 233 242 225 326 328 337 569 1,195 — +14.5%
Revenue/emp, $m 0.21 0.20 0.24 0.26 0.39 0.33 0.32 0.43 0.39 0.25 — +1.8%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2026 · fundamentals updated 6 Nov 2026

American Superconductor Corporation vs peers in Specialty Industrial Machinery (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
EPAC Enerpac Tool Group Corp. $2.0B 22.8× 20.3× +10.87% (above 0%: growing) −7.69% (below 0%: shrinking) +10.03% (above 0%: growing) 47.07% 18.48% Compare
MFP Midera Food Processing, Inc $1.9B — — — — — 35.33% 9.66% Compare
GRC Gorman-Rupp Company (The) $1.8B 24.4× 24.8× +11.82% (above 0%: growing) +99.98% (above 0%: growing) +27.49% (above 0%: growing) 33.39% 17.54% Compare
ATS ATS Corporation $1.7B 50.0× 37.7× −5.93% (below 0%: shrinking) n/m −117.83% (below 0%: shrinking) 27.38% 3.49% Compare
EROC ERock, Inc. $1.5B — — — n/m — 21.92% (49.77%) Compare
TNC Tennant Company $1.2B 51.2× 27.8× +6.26% (above 0%: growing) +42.41% (above 0%: growing) −78.15% (below 0%: shrinking) 42.29% 9.68% Compare
AMSC American Superconductor Corporation $1.2B 7.8× 53.4× +42.78% (above 0%: growing) −45.45% (below 0%: shrinking) +68.38% (above 0%: growing) 28.21% 5.70%
GHM Graham Corporation $846.2M 61.0× 45.5× +5.65% (above 0%: growing) +42.86% (above 0%: growing) +371.17% (above 0%: growing) 28.20% 8.36% Compare
PSIX Power Solutions International, Inc. $827.4M 11.8× 15.7× −0.86% (below 0%: shrinking) +8.33% (above 0%: growing) +2,119.22% (above 0%: growing) 29.66% 20.24% Compare
Median of peers $1.6B 37.2× 26.3× +5.96% +42.41% +18.76% 31.53% 9.67%

All 79 Specialty Industrial Machinery stocks →

Pay and ownership Proxy statement filed 18 June 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 7.53m 17.51m 178.53
2024 6.02m 7.58m 95.68
2023 3.30m 7.72m 71.26
2022 1.94m 1.06m 25.90
2021 1.93m (1.92m) 40.14

Ownership

Directors and executive officers, together 3.60%
BlackRock, Inc. 5.80%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

American Superconductor Corporation (AMSC) Latest News

29 Oct

17 Oct

5 Oct

6 Aug

Impact 3 · · MarketBeat
stockrow.com/AMSC · Data as of Nov 6, 2026 · For information only; not investment advice. · © 2026 stockrow.com