What is Ampco-Pittsburgh's operating income?

Ampco-Pittsburgh's total operating income in 2025 was -$54.48 million, based on the following breakdown: Total Gross Profit: $79.96 million Total Operating Expenses: $134.44 million

Ampco-Pittsburgh (AP) Financials

$7.70 +0.04 (+0.51%)

Closing price 03:59 PM Eastern

Extended Trading

$7.68 -0.01 (-0.18%)

As of 04:10 PM Eastern

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Annual Income Statements for Ampco-Pittsburgh

This table shows Ampco-Pittsburgh's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1.37	-80	-12	-69	-21	7.97	-3.86	3.42	-40	0.44	-66
Consolidated Net Income / (Loss)	1.37	-80	-11	-67	-20	9.17	-3.30	3.98	-38	2.35	-64
Net Income / (Loss) Continuing Operations	1.37	-80	-15	-44	-10	9.17	-3.30	3.98	-38	2.35	-64
Total Pre-Tax Income	4.52	-58	-17	-44	-8.37	8.70	-1.00	5.56	-39	5.05	-63
Total Operating Income	5.05	-55	-14	-45	-11	6.45	-4.78	2.78	-35	12	-54
Total Gross Profit	42	55	68	68	72	71	66	62	75	81	80
Total Revenue	238	332	385	419	398	329	345	390	422	418	434
Operating Revenue	238	332	385	419	398	329	345	390	422	418	434
Total Cost of Revenue	196	276	317	352	326	258	279	328	348	337	354
Operating Cost of Revenue	196	276	317	352	326	258	279	328	348	337	354
Total Operating Expenses	37	110	82	112	83	65	71	59	109	69	134
Selling, General & Admin Expense	40	58	60	58	54	46	46	44	51	55	52
Depreciation Expense	12	20	21	21	19	19	18	17	18	19	22
Other Operating Expenses / (Income)	-14	4.57	0.00	33	0.00	0.28	-	-2.23	41	-4.18	60
Impairment Charge	0.00	27	-	0.00	10	-	-	-	-	0.00	0.00
Other Special Charges / (Income)	0.38	0.02	0.40	0.13	-0.04	0.19	7.02	0.71	-0.12	0.02	0.49
Total Other Income / (Expense), net	-0.53	-2.99	-3.67	1.09	2.54	2.25	3.79	2.78	-4.70	-7.12	-8.94
Interest Expense	0.23	2.40	3.09	4.13	5.34	4.11	3.60	5.43	9.35	12	11
Interest & Investment Income	0.17	0.48	0.13	0.53	1.42	1.40	1.08	0.52	0.13	0.00	0.00
Other Income / (Expense), net	-0.48	-1.07	-0.72	4.68	6.47	4.97	6.30	7.69	4.52	4.50	2.43
Income Tax Expense	2.63	23	-1.36	0.27	2.11	-0.47	2.31	1.58	-1.16	2.70	0.12
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.01	0.79	1.86	1.43	1.20	0.56	0.56	1.81	1.91	2.53
Basic Earnings per Share	$0.13	($6.68)	($0.98)	($5.57)	($1.67)	$0.56	($0.20)	$0.18	($2.04)	$0.02	($3.28)
Weighted Average Basic Shares Outstanding	10.44M	11.95M	12.33M	12.45M	12.59M	14.27M	18.95M	19.32M	19.62M	19.89M	20.14M
Diluted Earnings per Share	$0.13	($6.68)	($0.98)	($5.57)	($1.67)	$0.54	($0.20)	$0.18	($2.04)	$0.02	($3.28)
Weighted Average Diluted Shares Outstanding	10.45M	11.95M	12.33M	12.45M	12.59M	14.64M	18.95M	19.44M	19.62M	19.89M	20.14M
Weighted Average Basic & Diluted Shares Outstanding	10.60M	12.27M	12.36M	12.49M	12.66M	18.85M	19.19M	19.40M	19.87M	20.09M	20.33M

This table shows Ampco-Pittsburgh's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	0.81	-42	-2.72	2.01	-1.96	3.10	1.14	-7.34	-2.21	-58	-0.87
Consolidated Net Income / (Loss)	1.24	-41	-2.21	2.55	-1.45	3.46	1.89	-6.72	-1.66	-57	-0.15
Net Income / (Loss) Continuing Operations	0.85	-41	-2.21	2.55	-1.45	3.46	1.89	-6.72	-1.66	-57	-0.15
Total Pre-Tax Income	1.31	-43	-1.75	3.42	-0.82	4.20	1.95	-6.13	-1.13	-58	0.44
Total Operating Income	1.72	-42	0.08	5.04	1.87	5.17	3.85	-3.08	1.12	-56	2.56
Total Gross Profit	18	17	18	23	20	21	22	21	21	15	22
Total Revenue	102	108	110	111	96	101	104	113	108	109	108
Operating Revenue	102	108	110	111	96	101	104	113	108	109	108
Total Cost of Revenue	84	91	92	88	76	80	82	92	87	93	87
Operating Cost of Revenue	84	91	92	88	76	80	82	92	87	93	87
Total Operating Expenses	16	58	18	18	18	16	18	24	20	72	19
Selling, General & Admin Expense	12	13	13	14	13	15	14	13	13	13	14
Depreciation Expense	4.38	4.56	4.67	4.70	4.59	4.66	4.64	5.37	7.09	4.69	4.26
Other Operating Expenses / (Income)	-	-	-	0.00	0.00	-	0.00	5.85	0.17	-	0.88
Other Special Charges / (Income)	0.19	-0.19	0.00	0.01	-0.01	0.02	0.02	0.01	0.24	0.23	-0.01
Total Other Income / (Expense), net	-0.41	-1.46	-1.83	-1.63	-2.69	-0.97	-1.90	-3.05	-2.25	-1.74	-2.13
Interest Expense	2.47	2.56	2.76	3.02	2.98	2.87	2.73	2.83	3.00	2.82	2.72
Interest & Investment Income	0.10	0.01	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Other Income / (Expense), net	1.96	1.09	0.92	1.39	0.29	1.90	0.83	-0.23	0.75	1.08	0.60
Income Tax Expense	0.08	-1.70	0.45	0.86	0.64	0.74	0.06	0.59	0.53	-1.06	0.59
Net Income / (Loss) Attributable to Noncontrolling Interest	0.43	0.50	0.51	0.54	0.51	0.36	0.75	0.62	0.56	0.61	0.72
Basic Earnings per Share	$0.04	($2.13)	($0.14)	$0.10	($0.10)	$0.16	$0.06	($0.36)	($0.11)	($2.87)	($0.04)
Weighted Average Basic Shares Outstanding	19.73M	19.62M	19.73M	19.86M	19.98M	19.89M	19.98M	20.11M	20.23M	20.14M	20.24M
Diluted Earnings per Share	$0.04	($2.13)	($0.14)	$0.10	($0.10)	$0.16	$0.06	($0.36)	($0.11)	($2.87)	($0.04)
Weighted Average Diluted Shares Outstanding	19.73M	19.62M	19.73M	19.88M	19.98M	19.89M	20.17M	20.11M	20.23M	20.14M	20.24M
Weighted Average Basic & Diluted Shares Outstanding	19.87M	19.87M	19.87M	20.09M	20.09M	20.09M	20.09M	20.32M	20.33M	20.33M	20.33M

This table details how cash moves in and out of Ampco-Pittsburgh's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-1.98	-57	-18	1.15	-14	9.88	-6.51	-1.60	-1.45	8.14	-4.72
Net Cash From Operating Activities	21	-5.63	-19	6.71	-3.29	34	-16	-27	-3.69	18	1.34
Net Cash From Continuing Operating Activities	21	-5.63	-19	6.71	-3.29	34	-16	-27	-3.69	18	1.34
Net Income / (Loss) Continuing Operations	1.37	-80	-15	-44	-10	9.17	-3.30	3.98	-38	2.35	-64
Consolidated Net Income / (Loss)	1.37	-80	-11	-67	-20	9.17	-3.30	3.98	-38	2.35	-64
Depreciation Expense	12	20	21	21	19	19	18	17	18	19	22
Non-Cash Adjustments To Reconcile Net Income	23	53	19	46	4.05	10	3.80	-1.36	38	1.36	72
Changes in Operating Assets and Liabilities, net	-16	1.03	-45	-17	-16	-4.60	-34	-47	-21	-4.29	-28
Net Cash From Investing Activities	-14	-41	-11	-1.22	-2.66	-7.93	-15	-16	-20	-8.25	-9.22
Net Cash From Continuing Investing Activities	-14	-41	-11	-1.22	-2.66	-7.93	-15	-16	-20	-8.25	-9.22
Purchase of Property, Plant & Equipment	-14	-11	-13	-9.72	-11	-8.47	-15	-17	-20	-12	-9.41
Purchase of Investments	-0.63	-4.66	-0.11	-	-	-	-0.03	-0.72	-0.10	-0.37	-0.05
Sale of Property, Plant & Equipment	-	-	0.00	0.61	0.07	0.27	0.23	0.02	0.13	0.01	0.21
Sale and/or Maturity of Investments	0.73	4.65	0.33	-	-	-	0.30	1.09	0.73	1.01	0.66
Other Investing Activities, net	0.01	0.00	-	0.19	4.54	0.27	0.00	-0.00	0.00	3.30	-0.64
Net Cash From Financing Activities	-7.51	-8.88	8.93	-3.42	-6.62	-17	24	43	22	-1.35	2.21
Net Cash From Continuing Financing Activities	-7.51	-8.88	8.93	-3.42	-6.62	-17	24	43	22	-1.35	2.21
Repayment of Debt	0.00	-13	-5.56	-39	-44	-41	-10	-33	-25	-27	-49
Repurchase of Common Equity	-	-	-	-	-	-	-0.49	-0.34	0.00	0.00	0.00
Issuance of Debt	0.00	9.76	25	31	36	6.00	32	50	34	24	38
Other Financing Activities, net	-	-	-8.63	4.33	1.66	0.00	3.06	26	13	1.69	14
Effect of Exchange Rate Changes	-0.67	-1.16	1.49	-	-0.18	1.40	-0.31	-0.67	0.23	-0.29	0.94
Cash Interest Paid	0.23	0.96	1.28	1.95	4.25	2.98	2.90	5.92	7.92	10	9.76
Cash Income Taxes Paid	3.25	4.40	0.84	1.42	1.76	2.17	1.63	0.90	2.34	2.51	1.82

This table details how cash moves in and out of Ampco-Pittsburgh's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-0.04	-9.26	-0.82	2.37	-7.65	14	-3.44	4.80	-1.27	-4.82	-3.05
Net Cash From Operating Activities	-3.22	6.64	4.54	-5.32	11	7.45	-5.28	-2.33	6.25	2.71	1.65
Net Cash From Continuing Operating Activities	-	-3.69	0.00	-	-	18	0.00	-	-	1.34	0.00
Net Income / (Loss) Continuing Operations	-	-38	0.00	-	-	2.35	0.00	-	-	-64	0.00
Net Cash From Investing Activities	-3.96	-6.17	-2.85	-1.53	-2.29	-1.59	-1.71	-1.30	-1.49	-4.72	-3.23
Net Cash From Continuing Investing Activities	-3.96	-6.17	-2.85	-1.53	-2.29	-1.59	-1.71	-1.30	-1.49	-4.72	-3.23
Purchase of Property, Plant & Equipment	-4.13	-6.31	-2.84	-2.67	-2.93	-3.75	-2.20	-1.46	-2.97	-2.77	-3.39
Purchase of Investments	-0.00	-0.03	-0.01	-0.20	-0.15	-0.01	-0.00	-0.01	-0.00	-0.04	-0.00
Sale of Property, Plant & Equipment	-	-	0.00	0.01	-	-	0.00	-	0.30	-0.09	0.01
Sale and/or Maturity of Investments	0.18	0.17	0.00	0.53	0.32	0.16	0.17	0.17	0.17	0.17	0.14
Other Investing Activities, net	-	-	0.00	0.81	0.49	2.01	0.32	-	1.02	-1.99	0.00
Net Cash From Financing Activities	3.92	0.37	2.03	3.89	-5.37	-1.91	-1.73	6.10	0.23	-2.39	0.18
Net Cash From Continuing Financing Activities	3.92	0.37	2.03	3.89	-5.37	-1.91	-1.73	6.10	0.23	-2.39	0.18
Repayment of Debt	-7.13	-8.12	-5.44	-6.50	-7.59	-7.48	-6.39	-22	-9.39	-12	-2.86
Issuance of Debt	8.48	5.06	6.62	9.55	2.22	5.57	4.67	14	9.60	9.71	3.04
Other Financing Activities, net	2.57	3.42	0.85	0.84	-	-	0.00	14	0.02	0.00	0.00
Cash Interest Paid	2.16	2.18	2.35	2.68	2.64	2.50	2.33	2.18	2.80	2.46	2.30
Cash Income Taxes Paid	0.31	0.55	0.57	1.04	0.57	0.33	0.49	0.27	0.52	0.54	0.46

This table presents Ampco-Pittsburgh's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	506	566	566	571	507	463	506	503	566	531	495
Total Current Assets	220	221	240	228	193	172	209	231	237	237	240
Cash & Equivalents	95	39	19	20	6.96	17	10	8.74	7.29	15	11
Accounts Receivable	45	72	81	69	82	60	69	74	80	72	81
Inventories, net	60	84	93	94	82	73	109	122	125	117	104
Other Current Assets	20	27	24	24	22	21	21	27	25	32	43
Plant, Property, & Equipment, net	147	214	204	186	166	162	159	155	159	148	129
Total Noncurrent Assets	140	130	121	158	147	129	139	116	170	146	127
Long-Term Investments	3.10	2.02	2.18	2.18	2.18	2.18	2.18	2.18	2.18	2.18	0.84
Noncurrent Note & Lease Receivables	108	103	87	136	121	102	105	91	145	124	108
Intangible Assets	1.19	12	11	9.23	7.63	7.22	6.20	5.19	4.95	4.26	4.63
Noncurrent Deferred & Refundable Income Taxes	21	4.82	1.59	3.19	3.00	2.49	1.99	2.14	3.16	2.85	3.90
Other Noncurrent Operating Assets	6.28	8.63	7.66	7.50	13	15	23	16	15	12	9.40
Total Liabilities & Shareholders' Equity	506	566	566	571	507	463	506	503	566	531	495
Total Liabilities	295	416	404	478	451	378	394	389	494	460	447
Total Current Liabilities	81	144	145	167	124	105	125	116	117	125	130
Short-Term Debt	13	27	19	46	20	12	20	12	12	12	16
Accounts Payable	14	37	35	39	33	27	44	44	37	37	48
Current Employee Benefit Liabilities	9.18	20	22	20	22	19	16	12	15	17	13
Other Current Liabilities	45	60	54	53	48	47	45	48	53	59	53
Total Noncurrent Liabilities	213	272	259	311	327	273	269	273	377	335	317
Long-Term Debt	0.00	25	47	32	50	25	41	93	116	116	118
Asset Retirement Reserve & Litigation Obligation	149	153	132	204	187	158	157	131	215	183	170
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.59	0.43	0.16	0.54	1.40	3.86	2.52	0.54	0.45	0.33
Noncurrent Employee Benefit Liabilities	64	92	80	73	84	82	62	43	42	28	22
Other Noncurrent Operating Liabilities	0.85	0.66	0.42	2.07	5.11	6.64	4.59	3.57	3.91	6.45	6.53
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	211	150	162	93	56	85	112	113	72	71	48
Total Preferred & Common Equity	211	148	159	88	49	77	103	104	61	59	33
Total Common Equity	211	148	159	88	49	77	103	104	61	59	33
Common Stock	139	163	165	167	169	189	194	195	197	198	199
Retained Earnings	130	45	38	-30	-51	-43	-36	-32	-73	-73	-139
Accumulated Other Comprehensive Income / (Loss)	-58	-61	-45	-49	-69	-69	-55	-58	-63	-67	-28
Noncontrolling Interest	0.00	1.92	2.82	5.37	6.72	8.44	9.23	9.07	11	12	15

This table presents Ampco-Pittsburgh's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	506	566	561	547	536	537	524	497
Total Current Assets	243	244	247	239	246	251	250	249
Cash & Equivalents	6.07	11	7.89	12	7.13	9.95	15	9.23
Accounts Receivable	83	84	89	77	85	86	83	96
Inventories, net	131	123	120	121	124	124	119	105
Other Current Assets	22	26	31	29	30	31	32	39
Plant, Property, & Equipment, net	156	155	153	153	147	147	141	126
Total Noncurrent Assets	107	167	160	156	142	139	134	122
Long-Term Investments	2.18	2.18	2.18	2.18	2.18	2.18	2.18	0.84
Noncurrent Note & Lease Receivables	81	142	136	131	120	115	110	104
Intangible Assets	4.73	4.65	4.57	4.68	4.49	4.65	4.61	4.46
Noncurrent Deferred & Refundable Income Taxes	2.14	3.16	3.16	3.16	2.85	2.87	2.87	3.90
Other Noncurrent Operating Assets	17	15	14	15	13	14	14	9.07
Total Liabilities & Shareholders' Equity	506	566	561	547	536	537	524	497
Total Liabilities	392	499	491	474	459	461	450	450
Total Current Liabilities	119	126	125	120	133	140	136	142
Short-Term Debt	14	15	16	14	12	19	16	19
Accounts Payable	43	42	41	32	42	46	47	50
Current Employee Benefit Liabilities	15	15	14	16	17	21	19	15
Other Current Liabilities	47	54	54	58	61	54	53	58
Total Noncurrent Liabilities	273	373	366	354	326	321	314	308
Long-Term Debt	114	116	119	116	115	116	119	115
Asset Retirement Reserve & Litigation Obligation	114	208	203	196	176	170	162	165
Noncurrent Deferred & Payable Income Tax Liabilities	1.34	0.54	0.38	0.40	0.46	0.47	0.47	0.33
Noncurrent Employee Benefit Liabilities	39	40	36	33	27	26	24	20
Other Noncurrent Operating Liabilities	4.16	8.16	8.12	8.28	7.03	8.71	8.17	6.48
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	114	67	69	74	78	76	75	48
Total Preferred & Common Equity	104	56	58	61	65	63	60	31
Total Common Equity	104	56	58	61	65	63	60	31
Common Stock	196	197	198	198	199	199	199	200
Retained Earnings	-31	-76	-74	-76	-71	-79	-81	-139
Accumulated Other Comprehensive Income / (Loss)	-61	-65	-66	-61	-63	-57	-58	-29
Noncontrolling Interest	9.84	11	11	12	13	14	14	16

This table displays calculated financial ratios and metrics derived from Ampco-Pittsburgh's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
DEI Shares Outstanding	10,439,974.00	12,270,621.00	12,361,486.00	12,494,846.00	12,642,309.00	18,311,740.00	19,093,782.00	19,403,519.00	19,865,749.00	20,094,289.00	20,326,389.00
DEI Adjusted Shares Outstanding	10,439,974.00	12,270,621.00	12,361,486.00	12,494,846.00	12,642,309.00	18,311,740.00	19,093,782.00	19,403,519.00	19,865,749.00	20,094,289.00	20,326,389.00
DEI Earnings Per Adjusted Shares Outstanding	0.13	-6.51	-0.98	-5.55	-1.66	0.44	-0.20	0.18	-2.01	0.02	-3.25
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.60%	39.16%	16.06%	8.90%	-5.13%	-17.43%	4.98%	13.12%	8.24%	-0.96%	3.79%
EBITDA Growth	48.84%	-314.81%	119.60%	-373.47%	177.13%	106.49%	-35.33%	43.73%	-144.42%	384.86%	-185.80%
EBIT Growth	652.84%	-1,316.19%	73.94%	-177.50%	88.95%	357.05%	-86.69%	588.88%	-387.06%	155.45%	-412.33%
NOPAT Growth	3,662.52%	-1,911.62%	74.75%	-226.04%	75.70%	188.98%	-149.27%	159.45%	-1,316.17%	123.43%	-772.62%
Net Income Growth	215.67%	-5,912.75%	85.84%	-497.03%	71.01%	146.88%	-135.99%	220.61%	-1,057.76%	106.17%	-2,802.76%
EPS Growth	218.18%	-5,238.46%	85.33%	-468.37%	70.02%	132.34%	-137.04%	190.00%	-1,233.33%	100.98%	-16,500.00%
Operating Cash Flow Growth	2.65%	-127.48%	-238.07%	135.23%	-149.09%	1,121.10%	-147.17%	-71.49%	86.45%	589.09%	-92.54%
Free Cash Flow Firm Growth	-172.41%	-260.63%	52.66%	149.36%	-24.27%	61.62%	-390.16%	25.12%	84.57%	304.97%	-281.83%
Invested Capital Growth	21.49%	27.61%	15.46%	-26.02%	-14.92%	-12.03%	55.53%	29.54%	-8.27%	-4.56%	-6.60%
Revenue Q/Q Growth	-7.47%	12.47%	-6.08%	7.32%	0.30%	-2.95%	-0.73%	2.37%	3.57%	-1.69%	1.84%
EBITDA Q/Q Growth	176.15%	-436.66%	125.81%	-224.69%	146.44%	-1.96%	-26.53%	15.40%	-142.08%	385.14%	-194.75%
EBIT Q/Q Growth	174.20%	-692.19%	70.56%	-609.92%	91.23%	-6.21%	-81.40%	57.13%	-349.55%	153.95%	-610.62%
NOPAT Q/Q Growth	155.56%	-673.26%	71.18%	-324.35%	79.81%	-20.41%	-845.90%	396.85%	-475.35%	123.42%	-870.67%
Net Income Q/Q Growth	134.31%	-137.70%	77.93%	-527.39%	76.36%	-9.81%	-229.87%	353.30%	-1,393.92%	105.54%	-2,000.56%
EPS Q/Q Growth	134.21%	-146.49%	77.68%	-474.23%	75.33%	-22.86%	-385.71%	800.00%	-3,014.29%	100.88%	-1,212.00%
Operating Cash Flow Q/Q Growth	2.65%	-127.48%	11.74%	316.38%	-149.09%	9.74%	-237.07%	14.64%	78.48%	4.71%	-77.93%
Free Cash Flow Firm Q/Q Growth	-184.35%	17.02%	-18.07%	163.66%	-74.16%	-40.09%	-155.22%	-4.68%	88.79%	-27.04%	-1,264.24%
Invested Capital Q/Q Growth	11.28%	-17.99%	-3.28%	-35.00%	-5.58%	5.42%	31.45%	26.14%	-18.42%	-4.14%	-11.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.77%	16.68%	17.70%	16.12%	18.03%	21.62%	19.17%	15.94%	17.65%	19.48%	18.42%
EBITDA Margin	6.86%	-10.59%	1.79%	-4.49%	3.65%	9.13%	5.62%	7.15%	-2.93%	8.43%	-6.97%
Operating Margin	2.12%	-16.43%	-3.57%	-10.70%	-2.74%	1.96%	-1.39%	0.71%	-8.19%	2.91%	-12.55%
EBIT Margin	1.92%	-16.76%	-3.76%	-9.59%	-1.12%	3.48%	0.44%	2.68%	-7.12%	3.98%	-11.99%
Profit (Net Income) Margin	0.58%	-24.05%	-2.93%	-16.09%	-4.92%	2.79%	-0.96%	1.02%	-9.03%	0.56%	-14.64%
Tax Burden Percent	30.38%	138.75%	64.80%	154.03%	233.78%	105.40%	331.66%	71.63%	97.05%	46.59%	100.19%
Interest Burden Percent	98.86%	103.45%	120.37%	108.95%	188.36%	76.20%	-65.46%	53.06%	130.67%	30.28%	121.84%
Effective Tax Rate	58.25%	0.00%	0.00%	0.00%	0.00%	-5.40%	0.00%	28.37%	0.00%	53.41%	0.00%
Return on Invested Capital (ROIC)	1.83%	-26.51%	-5.54%	-19.38%	-5.98%	6.16%	-2.54%	1.08%	-12.14%	3.04%	-21.66%
ROIC Less NNEP Spread (ROIC-NNEP)	2.62%	87.11%	-14.71%	-122.98%	-28.34%	12.10%	-2.40%	3.86%	-25.16%	0.16%	-43.46%
Return on Net Nonoperating Assets (RNNOA)	-1.17%	-17.67%	-1.71%	-33.60%	-20.35%	6.88%	-0.81%	2.45%	-29.08%	0.25%	-85.08%
Return on Equity (ROE)	0.66%	-44.18%	-7.25%	-52.98%	-26.33%	13.04%	-3.35%	3.53%	-41.22%	3.30%	-106.74%
Cash Return on Invested Capital (CROIC)	-17.58%	-50.77%	-19.90%	10.53%	10.14%	18.96%	-46.00%	-24.65%	-3.52%	7.71%	-14.83%
Operating Return on Assets (OROA)	0.88%	-10.37%	-2.56%	-7.07%	-0.82%	2.35%	0.31%	2.08%	-5.63%	3.04%	-10.14%
Return on Assets (ROA)	0.26%	-14.89%	-2.00%	-11.87%	-3.63%	1.89%	-0.68%	0.79%	-7.14%	0.43%	-12.38%
Return on Common Equity (ROCE)	0.66%	-43.95%	-7.14%	-51.27%	-24.19%	11.64%	-3.05%	3.24%	-36.83%	2.77%	-82.06%
Return on Equity Simple (ROE_SIMPLE)	0.65%	-53.95%	-7.11%	-77.03%	-40.00%	11.98%	-3.21%	3.82%	-62.55%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	2.11	-38	-9.64	-31	-7.64	6.79	-3.35	1.99	-24	5.67	-38
NOPAT Margin	0.88%	-11.50%	-2.50%	-7.49%	-1.92%	2.07%	-0.97%	0.51%	-5.73%	1.36%	-8.78%
Net Nonoperating Expense Percent (NNEP)	-0.79%	-113.62%	9.17%	103.60%	22.36%	-5.94%	-0.14%	-2.78%	13.02%	2.88%	21.80%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-12.09%	2.84%	-21.00%
Cost of Revenue to Revenue	82.23%	83.32%	82.30%	83.88%	81.97%	78.38%	80.83%	84.06%	82.35%	80.52%	81.58%
SG&A Expenses to Revenue	16.57%	17.53%	15.62%	13.84%	13.48%	13.86%	13.34%	11.16%	12.05%	13.12%	12.01%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	15.66%	33.12%	21.27%	26.82%	20.77%	19.66%	20.55%	15.23%	25.84%	16.57%	30.97%
Earnings before Interest and Taxes (EBIT)	4.57	-56	-14	-40	-4.44	11	1.52	10	-30	17	-52
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	16	-35	6.89	-19	15	30	19	28	-12	35	-30
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.48	1.37	0.96	0.44	0.78	1.31	0.93	0.47	0.89	0.71	3.32
Price to Tangible Book Value (P/TBV)	0.48	1.49	1.04	0.49	0.92	1.45	0.99	0.49	0.97	0.77	3.87
Price to Revenue (P/Rev)	0.43	0.61	0.40	0.09	0.10	0.31	0.28	0.12	0.13	0.10	0.25
Price to Earnings (P/E)	74.13	0.00	0.00	0.00	0.00	12.59	0.00	14.26	0.00	95.88	0.00
Dividend Yield	7.39%	2.72%	2.90%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	1.35%	0.00%	0.00%	0.00%	0.00%	7.94%	0.00%	7.01%	0.00%	1.04%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.13	1.34	1.08	0.72	0.91	1.23	0.95	0.73	0.96	0.91	1.45
Enterprise Value to Revenue (EV/Rev)	0.07	0.65	0.52	0.24	0.27	0.39	0.44	0.39	0.44	0.39	0.57
Enterprise Value to EBITDA (EV/EBITDA)	1.03	0.00	29.25	0.00	7.33	4.23	7.89	5.46	0.00	4.68	0.00
Enterprise Value to EBIT (EV/EBIT)	3.69	0.00	0.00	0.00	0.00	11.12	100.73	14.55	0.00	9.91	0.00
Enterprise Value to NOPAT (EV/NOPAT)	8.01	0.00	0.00	0.00	0.00	18.69	0.00	76.55	0.00	29.13	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.82	0.00	0.00	14.88	0.00	3.78	0.00	0.00	0.00	9.16	182.85
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	5.84	8.23	6.07	0.00	0.00	0.00	11.50	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.06	0.35	0.41	0.83	1.27	0.44	0.54	0.93	1.80	1.81	2.79
Long-Term Debt to Equity	0.00	0.17	0.29	0.34	0.91	0.29	0.36	0.82	1.63	1.64	2.46
Financial Leverage	-0.45	-0.20	0.12	0.27	0.72	0.57	0.34	0.63	1.16	1.61	1.96
Leverage Ratio	2.50	2.97	3.63	4.46	7.25	6.90	4.92	4.47	5.78	7.69	8.62
Compound Leverage Factor	2.47	3.07	4.37	4.86	13.66	5.25	-3.22	2.37	7.55	2.33	10.50
Debt to Total Capital	5.92%	25.84%	29.03%	45.50%	56.03%	30.47%	35.20%	48.19%	64.25%	64.40%	73.59%
Short-Term Debt to Total Capital	5.92%	13.28%	8.48%	26.81%	16.10%	10.17%	11.56%	5.67%	6.13%	6.10%	8.66%
Long-Term Debt to Total Capital	0.00%	12.57%	20.54%	18.69%	39.92%	20.29%	23.64%	42.52%	58.13%	58.29%	64.93%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.95%	1.24%	3.15%	5.31%	6.90%	5.34%	4.14%	5.31%	6.11%	8.44%
Common Equity to Total Capital	94.08%	73.21%	69.74%	51.35%	38.66%	62.63%	59.46%	47.67%	30.44%	29.49%	17.97%
Debt to EBITDA	0.81	-1.49	9.61	-4.12	4.88	1.24	3.14	3.78	-10.39	3.64	-4.41
Net Debt to EBITDA	-5.19	-0.33	6.58	-2.96	4.25	0.61	2.50	3.39	-9.62	3.15	-4.03
Long-Term Debt to EBITDA	0.00	-0.72	6.80	-1.69	3.48	0.83	2.11	3.34	-9.40	3.30	-3.90
Debt to NOPAT	6.32	-1.37	-6.86	-2.47	-9.28	5.48	-18.20	53.00	-5.32	22.68	-3.50
Net Debt to NOPAT	-40.30	-0.30	-4.70	-1.77	-8.08	2.68	-14.46	47.52	-4.92	19.57	-3.20
Long-Term Debt to NOPAT	0.00	-0.67	-4.86	-1.01	-6.61	3.65	-12.22	46.76	-4.81	20.53	-3.09
Altman Z-Score	1.40	0.83	1.12	0.60	0.83	0.99	0.94	1.10	0.71	1.01	0.55
Noncontrolling Interest Sharing Ratio	0.00%	0.53%	1.52%	3.22%	8.14%	10.77%	8.96%	8.12%	10.65%	16.01%	23.13%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.70	1.53	1.66	1.36	1.56	1.63	1.67	1.99	2.02	1.89	1.84
Quick Ratio	1.72	0.77	0.69	0.53	0.71	0.73	0.63	0.71	0.75	0.70	0.71
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-20	-73	-35	17	13	21	-61	-45	-7.01	14	-26
Operating Cash Flow to CapEx	142.33%	-53.32%	-146.39%	73.62%	-30.23%	410.43%	-105.72%	-163.21%	-18.14%	147.96%	14.61%
Free Cash Flow to Firm to Interest Expense	-89.70	-30.50	-11.22	4.14	2.42	5.08	-16.86	-8.36	-0.75	1.24	-2.30
Operating Cash Flow to Interest Expense	90.73	-2.35	-6.17	1.62	-0.62	8.18	-4.41	-5.01	-0.39	1.55	0.12
Operating Cash Flow Less CapEx to Interest Expense	26.98	-6.76	-10.39	-0.58	-2.66	6.18	-8.58	-8.07	-2.57	0.50	-0.69
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.46	0.62	0.68	0.74	0.74	0.68	0.71	0.77	0.79	0.76	0.85
Accounts Receivable Turnover	4.78	5.67	5.01	5.56	5.26	4.62	5.34	5.48	5.51	5.49	5.65
Inventory Turnover	3.43	3.86	3.58	3.75	3.70	3.31	3.06	2.85	2.82	2.79	3.20
Fixed Asset Turnover	1.61	1.84	1.84	2.15	2.26	2.00	2.15	2.49	2.69	2.73	3.13
Accounts Payable Turnover	12.78	10.83	8.74	9.47	9.04	8.59	7.86	7.47	8.60	9.11	8.35
Days Sales Outstanding (DSO)	76.33	64.40	72.83	65.66	69.36	78.96	68.36	66.60	66.29	66.45	64.66
Days Inventory Outstanding (DIO)	106.51	94.59	101.92	97.33	98.75	110.23	119.11	128.23	129.32	130.83	113.97
Days Payable Outstanding (DPO)	28.55	33.70	41.77	38.56	40.38	42.49	46.41	48.88	42.43	40.07	43.70
Cash Conversion Cycle (CCC)	154.29	125.29	132.98	124.43	127.73	146.70	141.05	145.95	153.18	157.21	134.92
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	127	161	186	138	117	103	161	208	191	182	170
Invested Capital Turnover	2.07	2.30	2.21	2.59	3.12	2.98	2.62	2.12	2.12	2.24	2.47
Increase / (Decrease) in Invested Capital	22	35	25	-49	-21	-14	57	47	-17	-8.69	-12
Enterprise Value (EV)	17	217	201	100	106	127	153	152	184	165	246
Market Capitalization	102	203	153	39	38	100	95	49	54	42	108
Book Value per Share	$20.25	$12.05	$12.86	$7.01	$3.87	$4.18	$5.39	$5.38	$3.07	$2.93	$1.61
Tangible Book Value per Share	$20.14	$11.11	$11.97	$6.27	$3.26	$3.79	$5.06	$5.11	$2.82	$2.72	$1.38
Total Capital	225	202	228	171	126	122	173	219	200	200	182
Total Debt	13	52	66	78	71	37	61	105	129	129	134
Total Long-Term Debt	0.00	25	47	32	50	25	41	93	116	116	118
Net Debt	-85	12	45	56	62	18	48	95	119	111	122
Capital Expenditures (CapEx)	14	11	13	9.11	11	8.20	15	17	20	12	9.20
Debt-free, Cash-free Net Working Capital (DFCFNWC)	57	65	96	86	83	62	93	119	125	108	114
Debt-free Net Working Capital (DFNWC)	152	104	115	106	90	79	104	128	132	124	125
Net Working Capital (NWC)	138	77	96	60	69	67	84	115	120	112	109
Net Nonoperating Expense (NNE)	0.73	42	1.66	36	12	-2.38	-0.05	-1.99	14	3.32	25
Net Nonoperating Obligations (NNO)	-85	12	25	45	62	18	48	95	119	111	122
Total Depreciation and Amortization (D&A)	12	20	21	21	19	19	18	17	18	19	22
Debt-free, Cash-free Net Working Capital to Revenue	23.71%	19.71%	24.99%	20.61%	20.75%	18.90%	27.09%	30.46%	29.54%	25.90%	26.30%
Debt-free Net Working Capital to Revenue	63.59%	31.34%	29.84%	25.31%	22.50%	24.03%	30.09%	32.70%	31.26%	29.59%	28.76%
Net Working Capital to Revenue	58.01%	23.25%	24.81%	14.40%	17.39%	20.24%	24.29%	29.52%	28.36%	26.67%	25.14%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.13	($6.68)	($0.98)	($5.57)	($1.67)	$0.56	($0.67)	$0.18	($2.04)	$0.02	($3.28)
Adjusted Weighted Average Basic Shares Outstanding	10.44M	11.95M	12.33M	12.45M	12.59M	14.27M	18.95M	19.32M	19.62M	19.89M	20.14M
Adjusted Diluted Earnings per Share	$0.13	($6.68)	($0.98)	($5.57)	($1.67)	$0.54	($0.67)	$0.18	($2.04)	$0.02	($3.28)
Adjusted Weighted Average Diluted Shares Outstanding	10.45M	11.95M	12.33M	12.45M	12.59M	14.64M	18.95M	19.44M	19.62M	19.89M	20.14M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	12.22M	12.27M	12.36M	12.49M	12.66M	18.85M	19.19M	19.40M	19.87M	20.09M	20.33M
Normalized Net Operating Profit after Tax (NOPAT)	3.80	-19	-9.36	-31	-0.60	4.64	1.57	2.50	-24	8.53	-38
Normalized NOPAT Margin	1.59%	-5.87%	-2.43%	-7.47%	-0.15%	1.41%	0.45%	0.64%	-5.75%	2.04%	-8.70%
Pre Tax Income Margin	1.90%	-17.33%	-4.53%	-10.44%	-2.10%	2.65%	-0.29%	1.42%	-9.30%	1.21%	-14.61%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	20.23	-23.20	-4.70	-9.74	-0.83	2.78	0.42	1.93	-3.22	1.43	-4.58
NOPAT to Interest Expense	9.32	-15.92	-3.12	-7.61	-1.43	1.65	-0.93	0.37	-2.59	0.49	-3.35
EBIT Less CapEx to Interest Expense	-43.52	-27.61	-8.91	-11.94	-2.87	0.78	-3.75	-1.14	-5.39	0.39	-5.39
NOPAT Less CapEx to Interest Expense	-54.42	-20.33	-7.34	-9.82	-3.47	-0.34	-5.10	-2.70	-4.76	-0.56	-4.16
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	547.12%	-6.52%	-19.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	547.12%	-6.52%	-19.78%	0.00%	0.00%	0.00%	-14.70%	8.47%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Ampco-Pittsburgh's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	19,865,749.00	19,865,749.00	19,865,749.00	19,865,749.00	20,094,289.00	20,094,289.00	20,094,617.00	20,094,617.00	20,317,030.00	20,326,389.00	20,326,389.00
DEI Adjusted Shares Outstanding	19,865,749.00	19,865,749.00	19,865,749.00	19,865,749.00	20,094,289.00	20,094,289.00	20,094,617.00	20,094,617.00	20,317,030.00	20,326,389.00	20,326,389.00
DEI Earnings Per Adjusted Shares Outstanding	0.04	-2.11	-0.14	0.10	-0.10	0.15	0.06	-0.37	-0.11	-2.84	-0.04
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	2.58%	15.58%	5.16%	3.52%	-5.92%	-6.63%	-5.40%	1.91%	12.32%	7.78%	3.90%
EBITDA Growth	6.33%	-709.55%	-26.62%	43.80%	-16.36%	132.65%	64.09%	-81.45%	32.89%	-531.51%	-20.36%
EBIT Growth	9.00%	-2,602.16%	-70.09%	89.96%	-41.37%	117.47%	365.27%	-151.35%	-13.30%	-882.03%	-32.46%
NOPAT Growth	1,258.07%	-4,504.34%	-96.20%	32.11%	-19.31%	114.64%	6,404.38%	-157.17%	-39.95%	-1,026.30%	-123.66%
Net Income Growth	-12.47%	-15,209.26%	-323.96%	156.22%	-217.73%	108.37%	185.72%	-363.32%	-13.82%	-1,749.55%	-107.93%
EPS Growth	-33.33%	-10,550.00%	-566.67%	400.00%	-350.00%	107.51%	142.86%	-460.00%	-10.00%	-1,893.75%	-166.67%
Operating Cash Flow Growth	-222.60%	197.62%	203.28%	-95.84%	452.45%	12.21%	-216.43%	56.09%	-44.95%	-63.67%	131.19%
Free Cash Flow Firm Growth	-58.07%	74.53%	159.41%	163.53%	167.12%	208.77%	-120.06%	-117.83%	-104.25%	-311.85%	446.29%
Invested Capital Growth	41.83%	-8.27%	-15.21%	-14.40%	-18.77%	-4.56%	5.62%	2.24%	1.42%	-6.60%	-12.28%
Revenue Q/Q Growth	-4.66%	5.76%	1.95%	0.70%	-13.35%	4.96%	3.30%	8.48%	-4.50%	0.72%	-0.42%
EBITDA Q/Q Growth	4.17%	-545.50%	115.80%	96.12%	-39.41%	73.90%	-20.60%	-77.82%	334.00%	-664.68%	114.65%
EBIT Q/Q Growth	8.71%	-1,199.84%	102.48%	540.00%	-66.45%	227.66%	-33.87%	-170.64%	156.65%	-3,055.48%	105.71%
NOPAT Q/Q Growth	-43.13%	-1,894.13%	100.20%	6,465.49%	-65.27%	225.45%	-12.36%	-157.71%	136.48%	-5,119.95%	97.76%
Net Income Q/Q Growth	24.00%	-3,446.96%	94.66%	215.68%	-156.97%	337.90%	-45.33%	-455.37%	75.37%	-3,347.61%	99.74%
EPS Q/Q Growth	100.00%	-5,425.00%	93.43%	171.43%	-200.00%	260.00%	-62.50%	-700.00%	69.44%	-2,509.09%	98.61%
Operating Cash Flow Q/Q Growth	-18.72%	306.11%	-31.71%	-217.20%	313.66%	-34.38%	-170.85%	55.80%	367.82%	-56.69%	-39.16%
Free Cash Flow Firm Q/Q Growth	-17.19%	82.32%	379.52%	9.67%	23.81%	-71.34%	-151.56%	2.56%	70.52%	-1,330.18%	184.28%
Invested Capital Q/Q Growth	2.84%	-18.42%	-2.91%	5.09%	-2.41%	-4.14%	7.45%	1.72%	-3.19%	-11.73%	0.92%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.34%	15.41%	16.08%	21.00%	20.57%	20.50%	21.25%	18.68%	19.77%	14.09%	19.91%
EBITDA Margin	7.89%	-33.23%	5.15%	10.03%	7.01%	11.62%	8.93%	1.83%	8.30%	-46.52%	6.85%
Operating Margin	1.68%	-38.46%	0.07%	4.54%	1.94%	5.13%	3.69%	-2.72%	1.04%	-51.82%	2.37%
EBIT Margin	3.60%	-37.45%	0.91%	5.80%	2.24%	7.01%	4.48%	-2.92%	1.73%	-50.83%	2.92%
Profit (Net Income) Margin	1.21%	-38.23%	-2.00%	2.30%	-1.51%	3.43%	1.81%	-5.94%	-1.53%	-52.45%	-0.14%
Tax Burden Percent	94.20%	96.05%	125.91%	74.73%	177.75%	82.34%	96.97%	109.66%	146.46%	98.18%	-34.48%
Interest Burden Percent	35.62%	106.30%	-174.33%	53.09%	-37.91%	59.41%	41.70%	185.53%	-60.40%	105.09%	13.77%
Effective Tax Rate	5.80%	0.00%	0.00%	25.27%	0.00%	17.66%	3.03%	0.00%	0.00%	0.00%	134.48%
Return on Invested Capital (ROIC)	3.25%	-57.03%	0.11%	6.94%	2.73%	9.47%	7.75%	-4.01%	1.62%	-89.45%	-1.95%
ROIC Less NNEP Spread (ROIC-NNEP)	2.87%	-68.48%	-1.94%	5.92%	0.39%	8.77%	6.19%	-7.70%	-0.46%	-104.55%	-1.34%
Return on Net Nonoperating Assets (RNNOA)	3.08%	-79.13%	-2.34%	7.58%	0.49%	14.16%	10.08%	-13.06%	-0.73%	-204.68%	-2.59%
Return on Equity (ROE)	6.33%	-136.16%	-2.23%	14.52%	3.22%	23.63%	17.84%	-17.08%	0.89%	-294.13%	-4.54%
Cash Return on Invested Capital (CROIC)	-31.36%	-3.52%	3.81%	4.00%	9.29%	7.71%	0.70%	0.57%	1.17%	-14.83%	-8.18%
Operating Return on Assets (OROA)	2.97%	-29.61%	0.72%	4.65%	1.81%	5.34%	3.36%	-2.20%	1.38%	-43.01%	2.47%
Return on Assets (ROA)	0.99%	-30.23%	-1.58%	1.85%	-1.22%	2.61%	1.36%	-4.49%	-1.22%	-44.38%	-0.12%
Return on Common Equity (ROCE)	5.72%	-121.66%	-1.98%	12.88%	2.84%	19.85%	14.89%	-14.12%	0.73%	-226.11%	-3.48%
Return on Equity Simple (ROE_SIMPLE)	2.82%	0.00%	-73.37%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	1.62	-29	0.06	3.77	1.31	4.26	3.73	-2.15	0.79	-39	-0.88
NOPAT Margin	1.59%	-26.92%	0.05%	3.40%	1.36%	4.22%	3.58%	-1.91%	0.73%	-36.27%	-0.82%
Net Nonoperating Expense Percent (NNEP)	0.38%	11.44%	2.05%	1.03%	2.34%	0.70%	1.56%	3.69%	2.08%	15.10%	-0.61%
Return On Investment Capital (ROIC_SIMPLE)	-	-14.54%	0.03%	1.84%	0.64%	2.13%	1.82%	-1.02%	0.37%	-21.73%	-0.49%
Cost of Revenue to Revenue	82.66%	84.59%	83.92%	79.00%	79.43%	79.50%	78.75%	81.32%	80.23%	85.91%	80.09%
SG&A Expenses to Revenue	11.56%	11.82%	11.77%	12.21%	13.86%	14.88%	13.10%	11.47%	11.79%	11.73%	12.82%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	16.03%	53.52%	16.01%	16.45%	18.62%	15.37%	17.56%	21.40%	18.73%	65.91%	17.55%
Earnings before Interest and Taxes (EBIT)	3.68	-40	1.01	6.43	2.16	7.07	4.68	-3.30	1.87	-55	3.16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	8.06	-36	5.68	11	6.74	12	9.31	2.07	8.96	-51	7.42
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.50	0.89	0.77	0.26	0.66	0.71	0.67	0.95	0.77	3.32	4.36
Price to Tangible Book Value (P/TBV)	0.52	0.97	0.83	0.29	0.71	0.77	0.73	1.03	0.84	3.87	5.08
Price to Revenue (P/Rev)	0.13	0.13	0.10	0.04	0.09	0.10	0.11	0.14	0.11	0.25	0.31
Price to Earnings (P/E)	36.16	0.00	0.00	0.00	0.00	95.88	10.15	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	2.77%	0.00%	0.00%	0.00%	0.00%	1.04%	9.85%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.78	0.96	0.93	0.78	0.89	0.91	0.89	0.98	0.93	1.45	1.61
Enterprise Value to Revenue (EV/Rev)	0.45	0.44	0.40	0.35	0.40	0.39	0.42	0.47	0.42	0.57	0.63
Enterprise Value to EBITDA (EV/EBITDA)	6.17	0.00	0.00	0.00	0.00	4.68	4.49	6.59	5.61	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	15.08	0.00	0.00	0.00	0.00	9.91	8.58	18.68	17.57	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	28.17	0.00	0.00	0.00	0.00	29.13	14.86	35.78	36.19	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	32.83	57.55	9.80	9.16	21.26	17.49	29.41	182.85	33.48
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	22.36	18.02	8.57	11.50	130.89	175.25	79.82	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.12	1.80	1.95	1.95	1.77	1.81	1.64	1.76	1.81	2.79	2.82
Long-Term Debt to Equity	1.00	1.63	1.73	1.72	1.57	1.64	1.48	1.52	1.60	2.46	2.42
Financial Leverage	1.07	1.16	1.20	1.28	1.25	1.61	1.63	1.70	1.58	1.96	1.93
Leverage Ratio	5.15	5.78	5.90	5.81	5.61	7.69	7.60	7.52	7.23	8.62	8.25
Compound Leverage Factor	1.83	6.14	-10.29	3.09	-2.12	4.57	3.17	13.96	-4.37	9.06	1.14
Debt to Total Capital	52.79%	64.25%	66.08%	66.07%	63.88%	64.40%	62.10%	63.76%	64.46%	73.59%	73.81%
Short-Term Debt to Total Capital	5.62%	6.13%	7.47%	7.76%	7.00%	6.10%	5.96%	8.87%	7.75%	8.66%	10.34%
Long-Term Debt to Total Capital	47.17%	58.13%	58.61%	58.31%	56.88%	58.29%	56.14%	54.90%	56.71%	64.93%	63.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	4.07%	5.31%	5.52%	5.57%	6.05%	6.11%	6.36%	6.54%	6.89%	8.44%	8.95%
Common Equity to Total Capital	43.15%	30.44%	28.40%	28.36%	30.08%	29.49%	31.54%	29.69%	28.65%	17.97%	17.24%
Debt to EBITDA	4.34	-10.39	-9.07	-12.24	-10.53	3.64	3.27	4.53	4.23	-4.41	-4.17
Net Debt to EBITDA	4.06	-9.62	-8.17	-11.32	-9.40	3.15	3.03	4.12	3.70	-4.03	-3.86
Long-Term Debt to EBITDA	3.88	-9.40	-8.04	-10.80	-9.38	3.30	2.96	3.90	3.72	-3.90	-3.59
Debt to NOPAT	19.82	-5.32	-5.13	-5.56	-5.38	22.68	10.83	24.60	27.33	-3.50	-3.44
Net Debt to NOPAT	18.54	-4.92	-4.62	-5.15	-4.80	19.57	10.04	22.39	23.86	-3.20	-3.18
Long-Term Debt to NOPAT	17.71	-4.81	-4.55	-4.91	-4.79	20.53	9.79	21.18	24.04	-3.09	-2.95
Altman Z-Score	1.12	0.65	0.88	0.90	0.91	0.95	0.92	0.87	0.93	0.53	0.95
Noncontrolling Interest Sharing Ratio	9.59%	10.65%	11.12%	11.29%	11.80%	16.01%	16.54%	17.28%	18.08%	23.13%	23.38%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.04	2.02	1.94	1.98	1.99	1.89	1.86	1.80	1.84	1.84	1.75
Quick Ratio	0.75	0.75	0.76	0.77	0.74	0.70	0.69	0.69	0.72	0.71	0.74
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-67	-12	33	37	45	13	-6.68	-6.51	-1.92	-27	23
Operating Cash Flow to CapEx	-78.03%	105.18%	159.85%	-199.59%	387.18%	198.67%	-240.00%	-159.75%	233.59%	94.62%	48.80%
Free Cash Flow to Firm to Interest Expense	-27.29	-4.65	12.07	12.10	15.19	4.51	-2.45	-2.30	-0.64	-9.74	8.49
Operating Cash Flow to Interest Expense	-1.31	2.59	1.64	-1.76	3.82	2.60	-1.94	-0.83	2.08	0.96	0.60
Operating Cash Flow Less CapEx to Interest Expense	-2.98	0.13	0.62	-2.64	2.83	1.29	-2.74	-1.34	1.19	-0.05	-0.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.82	0.79	0.79	0.80	0.81	0.76	0.75	0.76	0.80	0.85	0.85
Accounts Receivable Turnover	5.05	5.51	5.00	5.00	5.30	5.49	4.87	4.74	5.32	5.65	4.84
Inventory Turnover	3.00	2.82	2.78	2.83	2.77	2.79	2.64	2.72	2.84	3.20	3.13
Fixed Asset Turnover	2.64	2.69	2.76	2.79	2.76	2.73	2.73	2.76	2.90	3.13	3.20
Accounts Payable Turnover	8.17	8.60	7.62	8.02	9.24	9.11	7.73	7.58	8.66	8.35	7.81
Days Sales Outstanding (DSO)	72.28	66.29	72.99	72.96	68.85	66.45	74.88	77.04	68.66	64.66	75.42
Days Inventory Outstanding (DIO)	121.76	129.32	131.34	129.08	131.94	130.83	138.24	134.36	128.46	113.97	116.60
Days Payable Outstanding (DPO)	44.70	42.43	47.90	45.49	39.50	40.07	47.20	48.18	42.17	43.70	46.74
Cash Conversion Cycle (CCC)	149.34	153.18	156.42	156.54	161.29	157.21	165.93	163.22	154.95	134.92	145.28
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	234	191	185	195	190	182	196	199	193	170	172
Invested Capital Turnover	2.05	2.12	2.12	2.05	2.01	2.24	2.17	2.11	2.23	2.47	2.39
Increase / (Decrease) in Invested Capital	69	-17	-33	-33	-44	-8.69	10	4.35	2.71	-12	-24
Enterprise Value (EV)	182	184	172	152	169	165	175	196	179	246	277
Market Capitalization	52	54	43	15	40	42	44	59	47	108	137
Book Value per Share	$5.26	$3.07	$2.83	$2.92	$3.05	$2.93	$3.22	$3.12	$2.96	$1.61	$1.54
Tangible Book Value per Share	$5.02	$2.82	$2.60	$2.69	$2.82	$2.72	$2.99	$2.89	$2.73	$1.38	$1.32
Total Capital	242	200	198	205	204	200	205	211	210	182	182
Total Debt	128	129	131	135	130	129	127	135	135	134	134
Total Long-Term Debt	114	116	116	119	116	116	115	116	119	118	115
Net Debt	120	119	118	125	116	111	118	122	118	122	124
Capital Expenditures (CapEx)	4.13	6.31	2.84	2.66	2.93	3.75	2.20	1.46	2.68	2.86	3.38
Debt-free, Cash-free Net Working Capital (DFCFNWC)	131	125	122	131	121	108	119	120	115	114	117
Debt-free Net Working Capital (DFNWC)	137	132	133	138	133	124	126	130	130	125	126
Net Working Capital (NWC)	124	120	118	123	119	112	114	111	114	109	107
Net Nonoperating Expense (NNE)	0.39	12	2.26	1.22	2.76	0.80	1.84	4.57	2.44	18	-0.73
Net Nonoperating Obligations (NNO)	120	119	118	125	116	111	118	122	118	122	124
Total Depreciation and Amortization (D&A)	4.38	4.56	4.67	4.70	4.59	4.66	4.64	5.37	7.09	4.69	4.26
Debt-free, Cash-free Net Working Capital to Revenue	32.20%	29.54%	28.52%	30.25%	28.53%	25.90%	28.86%	28.99%	26.99%	26.30%	26.59%
Debt-free Net Working Capital to Revenue	33.69%	31.26%	31.06%	32.08%	31.31%	29.59%	30.59%	31.39%	30.50%	28.76%	28.70%
Net Working Capital to Revenue	30.36%	28.36%	27.60%	28.40%	27.96%	26.67%	27.63%	26.88%	26.69%	25.14%	24.41%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.04	($2.13)	($0.14)	$0.10	($0.10)	$0.16	$0.06	($0.36)	($0.11)	($2.87)	($0.04)
Adjusted Weighted Average Basic Shares Outstanding	19.73M	19.62M	19.73M	19.86M	19.98M	19.89M	19.98M	20.11M	20.23M	20.14M	20.24M
Adjusted Diluted Earnings per Share	$0.04	($2.13)	($0.14)	$0.10	($0.10)	$0.16	$0.06	($0.36)	($0.11)	($2.87)	($0.04)
Adjusted Weighted Average Diluted Shares Outstanding	19.73M	19.62M	19.73M	19.88M	19.98M	19.89M	20.17M	20.11M	20.23M	20.14M	20.24M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	19.87M	19.87M	19.87M	20.09M	20.09M	20.09M	20.09M	20.32M	20.33M	20.33M	20.33M
Normalized Net Operating Profit after Tax (NOPAT)	1.80	-29	0.06	3.78	1.30	4.28	3.75	-2.15	0.95	-39	1.79
Normalized NOPAT Margin	1.76%	-27.04%	0.05%	3.40%	1.35%	4.24%	3.60%	-1.90%	0.88%	-36.13%	1.65%
Pre Tax Income Margin	1.28%	-39.81%	-1.59%	3.08%	-0.85%	4.16%	1.87%	-5.42%	-1.05%	-53.42%	0.40%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.49	-15.80	0.36	2.13	0.73	2.46	1.72	-1.17	0.62	-19.63	1.16
NOPAT to Interest Expense	0.66	-11.36	0.02	1.25	0.44	1.48	1.37	-0.76	0.26	-14.01	-0.32
EBIT Less CapEx to Interest Expense	-0.18	-18.26	-0.66	1.25	-0.26	1.16	0.91	-1.69	-0.27	-20.65	-0.08
NOPAT Less CapEx to Interest Expense	-1.02	-13.82	-1.01	0.37	-0.55	0.18	0.56	-1.28	-0.63	-15.02	-1.56
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials Breakdown Chart

Key Financial Trends

Ampco-Pittsburgh’s latest quarter shows a sharp improvement in operations versus a year ago, but profitability remains fragile and the balance sheet is still heavily leveraged. In Q1 2026, the company generated $108.3 million in revenue and posted $2.6 million in operating income, a notable turnaround from the steep operating loss seen in late 2025. However, higher interest expense and a net loss attributable to common shareholders kept bottom-line results negative.

Over the last several quarters, AP has shown a clear pattern of volatile earnings, uneven cash flow, and debt-heavy financing. Revenue has been fairly stable in the low-$100 million range, but margins have swung dramatically depending on operating costs and one-time items. The company also continues to spend on capital projects while using debt to fund working capital and financing needs.

Q1 2026 operating income rebounded to $2.6 million from a large operating loss in Q4 2025, showing meaningful operational recovery.
Gross profit improved to $21.6 million on $108.3 million of revenue, suggesting better cost control than in the prior quarter.
Operating cash flow was positive at $1.6 million in Q1 2026, after mixed cash generation in recent periods.
The company still has substantial liquidity, with $9.2 million in cash and equivalents at March 31, 2026.
Common equity rose sequentially to $31.3 million in Q1 2026, up from $27.3 million at year-end 2025.
Revenue has been relatively steady over the past year, generally ranging from about $96 million to $113 million per quarter.
Capital spending remains ongoing, with Q1 2026 purchases of property, plant and equipment totaling $3.4 million.
The company’s balance sheet remains asset-intensive, with large receivables, inventory, and note receivables making up much of current and noncurrent assets.
Despite the operating rebound, AP still reported a net loss of $867,000 attributable to common shareholders in Q1 2026.
Interest expense remains a major burden, with $2.7 million of interest expense in Q1 2026 versus only $2.6 million of operating income.
Total liabilities were still very high at $449.6 million, compared with just $31.3 million of common equity.
The company carries significant debt, including $18.8 million of short-term debt and $115.3 million of long-term debt in Q1 2026.
Free cash flow pressure remains a concern: operating cash generation was modest while investing outflows were elevated, leading to a $3.1 million net cash decline in Q1 2026.
The recent history includes a severe deterioration in Q4 2025, when AP posted a $57.1 million net loss from continuing operations and a $56.4 million operating loss.

Bottom line: Ampco-Pittsburgh appears to be coming off a difficult stretch, and Q1 2026 suggests the business can still produce positive operating income in a normal quarter. That said, the company’s heavy debt load, high interest costs, and inconsistent cash generation mean the recovery is not yet secure.

07/20/26 07:33 PM ETAI Generated. May Contain Errors.

Ampco-Pittsburgh Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Ampco-Pittsburgh's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Ampco-Pittsburgh's net income appears to be on a downward trend, with a most recent value of -$63.54 million in 2025, falling from $1.37 million in 2015. The previous period was $2.35 million in 2024. Check out Ampco-Pittsburgh's forecast to explore projected trends and price targets.

Ampco-Pittsburgh's total operating income in 2025 was -$54.48 million, based on the following breakdown:

Total Gross Profit: $79.96 million
Total Operating Expenses: $134.44 million

Over the last 10 years, Ampco-Pittsburgh's total revenue changed from $238.48 million in 2015 to $434.17 million in 2025, a change of 82.1%.

Ampco-Pittsburgh's total liabilities were at $447.39 million at the end of 2025, a 2.7% decrease from 2024, and a 51.8% increase since 2015.

In the past 10 years, Ampco-Pittsburgh's cash and equivalents has ranged from $6.96 million in 2019 to $95.12 million in 2015, and is currently $10.70 million as of their latest financial filing in 2025.

Over the last 10 years, Ampco-Pittsburgh's book value per share changed from 20.25 in 2015 to 1.61 in 2025, a change of -92.1%.

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Financial statements for NYSE:AP last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Ampco-Pittsburgh (AP) Financials

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Ampco-Pittsburgh (AP) Financials

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Ampco-Pittsburgh Financials - Frequently Asked Questions

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