Saturday 17 October 2026
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Ampco-Pittsburgh Corporation
AP Industrials Metal Fabrication
Ampco-Pittsburgh Corporation’s revenue for fiscal 2025 (year ended December 2025) was $434.2 million, up 3.79% from fiscal 2024. In the quarter to June 2026, revenue fell 9.01%, EPS grew 119.4%, free cash flow fell 44.0% and total debt rose 2.20%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
8.26
0.19
−2.25%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 8.88 | 12.15 | 2.79 | 2.85 | 1.94 | 4.12 | 2.26 | 2.15 | 0.74 | 1.75 |
Analyst estimates 2026–2028 Powerpack |
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| High | 19.22 | 18.60 | 15.65 | 4.92 | 6.81 | 8.81 | 6.67 | 4.00 | 2.89 | 5.82 | |||||
| People | |||||||||||||||
| People | Employees | 1,915 | 1,943 | 1,922 | 1,673 | 1,533 | 1,485 | 1,565 | 1,697 | 1,634 | 1,432 | ||||
| Revenue/emp, $m | 0.17 | 0.20 | 0.22 | 0.24 | 0.21 | 0.23 | 0.25 | 0.25 | 0.26 | 0.30 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 332 | 385 | 419 | 398 | 329 | 345 | 390 | 422 | 418 | 434 | ||||
| Gross margin, % | 16.68 | 17.70 | 16.12 | 18.03 | 21.62 | 19.17 | 15.94 | 17.65 | 19.48 | 18.42 | |||||
| EBT | (58) | (17) | (44) | (8) | 9 | (1) | 6 | (39) | 5 | (63) | |||||
| EBT margin, % | (17.33) | (4.53) | (10.44) | (2.10) | 2.65 | (0.29) | 1.42 | (9.30) | 1.21 | (14.61) | |||||
| Net income | (80) | (11) | (67) | (20) | 9 | (3) | 4 | (38) | 2 | (64) | |||||
| Depreciation | 47 | 21 | 21 | 29 | 19 | 18 | 17 | 18 | 19 | 22 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 27.77 | 31.24 | 33.69 | 31.60 | 23.02 | 18.20 | 20.20 | 21.53 | 21.03 | 21.56 | ||||
| Earnings | (6.68) | (0.98) | (5.57) | (1.67) | 0.56 | (0.17) | 0.18 | (2.04) | 0.02 | (3.28) | |||||
| Cash flow | (0.47) | (1.54) | 0.54 | (0.26) | 2.36 | (0.84) | (1.41) | (0.19) | 0.91 | 0.07 | |||||
| Capex | (0.88) | (1.06) | (0.73) | (0.87) | (0.57) | (0.79) | (0.86) | (1.04) | (0.61) | (0.46) | |||||
| Free cash flow | (1.36) | (2.60) | (0.19) | (1.13) | 1.78 | (1.63) | (2.27) | (1.22) | 0.29 | (0.39) | |||||
| Book value | 12.54 | 13.12 | 7.47 | 4.42 | 5.96 | 5.92 | 5.87 | 3.65 | 3.57 | 2.38 | |||||
| Shares, m | 12 | 12 | 12 | 13 | 14 | 19 | 19 | 20 | 20 | 20 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 9.61 | 0.00 | 10.09 | 0.00 | 104.50 | 0.00 | ||||
| P/S | 0.58 | 0.41 | 0.09 | 0.10 | 0.24 | 0.27 | 0.13 | 0.13 | 0.10 | 0.25 | |||||
| P/B | 1.29 | 0.98 | 0.42 | 0.68 | 0.92 | 0.85 | 0.45 | 0.76 | 0.58 | 2.24 | |||||
| EV/Sales | 0.62 | 0.54 | 0.23 | 0.26 | 0.30 | 0.42 | 0.38 | 0.42 | 0.37 | 0.53 | |||||
| EV/FCF | (12.76) | (6.44) | (40.14) | (7.17) | 3.88 | (4.71) | (3.37) | (7.34) | 26.47 | (29.32) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (6) | (19) | 7 | (3) | 34 | (16) | (27) | (4) | 18 | 1 | ||||
| Capex | (11) | (13) | (9) | (11) | (8) | (15) | (17) | (20) | (12) | (9) | |||||
| Free cash flow | (16) | (32) | (2) | (14) | 25 | (31) | (44) | (24) | 6 | (8) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 77 | 96 | 60 | 69 | 67 | 84 | 115 | 120 | 112 | 109 | ||||
| Total debt | 52 | 66 | 78 | 71 | 37 | 61 | 105 | 129 | 129 | 134 | |||||
| Net debt | 14 | 47 | 58 | 64 | 20 | 51 | 97 | 121 | 113 | 123 | |||||
| Shareholders’ equity | 150 | 162 | 93 | 56 | 85 | 112 | 113 | 72 | 71 | 48 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (14.89) | (2.14) | (12.20) | (3.89) | 1.64 | (0.80) | 0.68 | (7.47) | 0.08 | (12.88) | ||||
| ROIC | (20.85) | (4.11) | (18.60) | (5.70) | 3.82 | (1.84) | 0.83 | (11.20) | 4.13 | (19.93) | |||||
| ROE | (44.19) | (7.76) | (54.44) | (28.25) | 11.34 | (3.92) | 3.03 | (43.17) | 0.61 | (110.99) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Ampco-Pittsburgh Corporation vs peers in Metal Fabrication (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 |
|---|---|---|---|---|---|---|---|---|---|
| WOR Worthington Enterprises, Inc. | $3.1B | 19.1× | 14.8× | +13.23% (above 0%: growing) | +23.94% (above 0%: growing) | +97.40% (above 0%: growing) | 26.43% | 3.79% | Compare |
| PRLB Proto Labs, Inc. | $2.1B | 67.4× | 55.0× | +10.57% (above 0%: growing) | +100.00% (above 0%: growing) | +1.35% (above 0%: growing) | 46.43% | 7.61% | Compare |
| RYZ Ryerson Holding Corporation | $1.4B | — (loss-making) | — (loss-making) | +71.57% (above 0%: growing) | +400.00% (above 0%: growing) | −67.35% (below 0%: shrinking) | 17.71% | 1.71% | Compare |
| IIIN Insteel Industries, Inc. | $574.4M | 15.9× | 17.4× | +9.88% (above 0%: growing) | −41.03% (below 0%: shrinking) | −61.18% (below 0%: shrinking) | 10.17% | 5.86% | Compare |
| MEC Mayville Engineering Company, Inc. | $362.4M | — (loss-making) | — (loss-making) | +23.16% (above 0%: growing) | n/m | −153.04% (below 0%: shrinking) | 10.86% | 0.24% | Compare |
| TG Tredegar Corporation | $275.4M | 8.2× | 12.1× | +19.82% (above 0%: growing) | +240.00% (above 0%: growing) | +16.12% (above 0%: growing) | 13.42% | 3.81% | Compare |
| AP Ampco-Pittsburgh Corporation | $174.6M | — (loss-making) | 5.9× | −9.01% (below 0%: shrinking) | n/m | −44.03% (below 0%: shrinking) | 21.61% | 4.93% | |
| TPCS Techprecision Corp. | $54.5M | — (loss-making) | — | +23.27% (above 0%: growing) | n/m | +16.03% (above 0%: growing) | 15.39% | (0.49%) | Compare |
| TRSG Tungray Technologies Inc. | $17.3M | — | — | — | — | −165.61% (below 0%: shrinking) | — | — | Compare |
| Median of peers | $468.4M | 17.5× | 16.1× | +19.82% | +100.00% | −29.91% | 15.39% | 3.79% |
Ampco-Pittsburgh Corporation (AP) key facts
- Strength: Ampco-Pittsburgh Corporation’s revenue for fiscal 2025 (year ended December 2025) was $434.2 million, up 3.79% from fiscal 2024.
- Ampco-Pittsburgh Corporation (AP) is a Metal Fabrication company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, AP traded at $8.26, a market capitalization of $174.6 million.
- Return on equity was −111.0% and debt-to-equity 2.85.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 0.53 (distress zone) for fiscal 2025.