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%
Market cap
$174.6M
P/E
0.0×
Fwd P/E
5.9×
Dividend yield
—
F-score
3/9
Altman Z
0.53
Beneish M
−3.02
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.52
Total sells 0.10
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 4 1 — — 1 — 1 — — — — —
Sell — — — — — — — 2 — — — —
Insider Ownership 29.52%

Capital & Financial Ratios $m

Market Cap 174.56
Revenue 428.04
Net Income (63.54)
Free Cash Flow (3.77)
Net Debt 130.52
Current Ratio 1.78 (at or above 1.5: strong)
Debt/Equity 2.85 (above 2: weak)
P/E ratio 0.00
Fwd P/E 5.94
P/S ratio 0.39
P/B ratio 3.49
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 9,774.98% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 75.45%
10-year low 10-year high
P/B against its own 10 years 95.32%
10-year low 10-year high
EV/Sales against its own 10 years 94.29%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 0.18
0.09
0.09
2016 0.45
0.18
0.09
0.09
0.09
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 7 15 11 7
Receivables 95 87 100 107
Inventory 125 117 104 114
Other 10 17 24 20
237 237 240 248
2023 2024 2025 Q'26
Payables 37 37 48 46
ST’ Debt 12 12 16 17
Other 52 58 52 62
117 125 130 140

Compound Annual Growth %

10y 5y 3y
Sales 6.17% 5.73% 3.62%
Cash Flow (23.85%) (47.48%) 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (13.79%) (10.81%) (24.94%)

Revenue $m

Mar Jun Sep Dec Year
’26 108 103 — — —
’25 104 113 108 109 434
’24 110 111 96 101 418
’23 105 107 102 108 422
’22 94 103 100 94 390
’21 87 92 81 85 345
’20 91 75 76 87 329
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 2 0 — — —
’25 (5) (2) 6 3 1
’24 5 (5) 11 7 18
’23 (4) (3) (3) 7 (4)
’22 (16) (7) 3 (7) (27)
’21 2 (5) (2) (11) (16)
’20 13 19 3 0 34
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (2) (5) — — —
’25 (7) (4) 4 0 (8)
’24 2 (8) 8 4 6
’23 (8) (9) (7) 0 (24)
’22 (20) (10) (4) (10) (44)
’21 (1) (9) (7) (15) (31)
’20 11 17 0 (3) 25
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.04) 0.07 — — —
’25 0.06 (0.36) (0.11) (2.85) (3.28)
’24 (0.14) 0.10 (0.10) 0.16 0.02
’23 0.03 0.02 0.04 (2.12) (2.04)
’22 0.08 0.15 0.04 (0.02) 0.18
’21 0.01 0.05 (0.08) (0.17) (0.17)
’20 0.33 0.05 0.07 0.12 0.54
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 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
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.

All 10 years →

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%

All 18 Metal Fabrication stocks →

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.

Source: company filings (standardised) and stockrow calculations.

Ampco-Pittsburgh Corporation (AP) Latest News

14 May

Impact 4 · transcript
stockrow.com/AP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com