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Ampco-Pittsburgh (AP) AI Stock Analysis
Ampco-Pittsburgh
(NYSE:AP)
The score is held back primarily by weak recent financial statement quality—ongoing losses and a highly leveraged balance sheet—despite improving operating cash flow. The earnings call provides the main support, citing a profitability inflection and sharply higher orders/backlog with upbeat guidance, while technicals and valuation remain neutral to constrained given mixed trend signals and a negative P/E.
Ampco-Pittsburgh (AP) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $156.18M
- Dividend Yield
- ―
- Average Volume (3M)
- 87.73K
- Price to Earnings (P/E)
- -2.6
- Beta (1Y)
- 1.91
- Revenue Growth
- 3.27%
- EPS Growth
- -1069.57%
- Country
- US
- Employees
- 1,432
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Manufacturing - Metal Fabrication
Ampco-Pittsburgh Business Overview & Revenue Model
Company Description
Ampco-Pittsburgh Corporation, together with its subsidiaries, engages in manufacture and sale of specialty metal products and customized equipment to commercial and industrial users worldwide. The company operates through two segments: Forged and Cas...
How the Company Makes Money
Ampco-Pittsburgh makes money primarily by manufacturing and selling engineered products and systems to industrial customers through its two operating segments. (1) Forged and Cast Engineered Products (FCEP): Revenue is generated from the sale of forg...
Ampco-Pittsburgh Earnings Call Summary
The call presents a clear positive inflection: the company returned to net income, delivered double-digit adjusted EBITDA growth and margin expansion, and booked materially higher orders and backlog with record performance in the Air & Liquid segment. Remaining headwinds include lower consolidated revenues tied to the prior-year U.K. facility exit, seasonal outages in Q3, modest liquidity on hand, and reduced pension income. Operational restructuring and strong end-market demand position the company for a stronger second half of 2026.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management guided that, despite normal Q3 maintenance outages and summer shutdowns, the company expects a "significantly stronger" second half of 2026 and remains optimistic about 2027; supporting metrics cited include Q2 net income of $1.5M ($0.07/share) versus a prior‑year loss of $7.3M (‑$0.36), Q2 net sales of $102.9M (YTD $211.2M vs $217.4M prior year), adjusted EBITDA of $9.8M (up 22% y/y and 22% sequentially) with margin expanding 240 bps to 9.5%, customer orders of ~ $144M (up 50% y/y), total backlog of $385.4M (up $39.9M sequentially, +12% q/q and 39% vs year‑end 2025), Air & Liquid YTD revenue +9% with Q2 adjusted EBITDA +34% (YTD +43%) and backlog +$23.3M (+16% q/q), Forged & Cast Q2 sales $67.3M with adjusted EBITDA $7.8M (+15% y/y, +36% sequentially), plus liquidity of $7M cash and $29M undrawn on the revolver — all of which management says, together with capacity investments and strong Navy, power‑generation and data‑center demand, positions the company to meet accelerating orders.
Ampco-Pittsburgh Financial Statement Overview
Summary
Financials remain pressured: TTM shows a sizable net loss with negative EBITDA margin and deterioration versus 2024, while leverage is high (debt materially exceeds equity and equity has eroded). Offsetting this, operating cash flow turned positive and free-cash-flow losses narrowed, indicating some stabilization but not yet consistent self-funding.
Income Statement
28NegativeBalance Sheet
22NegativeCash Flow
40Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 428.04M | 434.17M | 418.31M | 422.34M | 390.19M | 344.92M |
| Gross Profit | 64.83M | 58.18M | 81.50M | 74.56M | 62.19M | 66.11M |
| EBITDA | -24.63M | -30.27M | 31.42M | -12.26M | 28.40M | 20.48M |
| Net Income | -59.25M | -66.07M | 438.00K | -39.93M | 3.42M | -3.86M |
Balance Sheet | ||||||
| Total Assets | 490.86M | 495.36M | 530.90M | 565.65M | 502.77M | 505.96M |
| Cash, Cash Equivalents and Short-Term Investments | 7.05M | 10.70M | 15.43M | 7.29M | 8.73M | 10.34M |
| Total Debt | 142.06M | 138.30M | 133.17M | 133.42M | 108.99M | 64.97M |
| Total Liabilities | 442.57M | 447.39M | 459.81M | 494.08M | 389.38M | 393.83M |
| Stockholders Equity | 31.12M | 32.64M | 58.88M | 60.94M | 104.33M | 102.90M |
Cash Flow | ||||||
| Free Cash Flow | -3.99M | -8.06M | 5.83M | -24.13M | -43.90M | -31.10M |
| Operating Cash Flow | 10.89M | 1.34M | 18.03M | -3.69M | -27.21M | -15.87M |
| Investing Cash Flow | -15.07M | -9.22M | -8.24M | -19.68M | -16.31M | -14.73M |
| Financing Cash Flow | 1.19M | 2.21M | -1.35M | 21.69M | 42.59M | 24.40M |
Ampco-Pittsburgh Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AP, the sentiment is Negative. The current price of 7.79 is below the 20-day moving average (MA) of 8.48, below the 50-day MA of 8.58, and below the 200-day MA of 8.77, indicating a bearish trend. The MACD of -0.24 indicates Positive momentum. The RSI at 38.60 is Neutral, neither overbought nor oversold. The STOCH value of 35.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AP.
Ampco-Pittsburgh Risk Analysis
Ampco-Pittsburgh disclosed 28 risk factors in its most recent earnings report. Ampco-Pittsburgh reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskAmpco-Pittsburgh Peers Comparison
Overall Rating
NWPX73Outperform
TG63Neutral- AP53Neutral
MEC51Neutral
TPCS45Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| NWPX | 73Outperform | $941.91M | 17.86 | 12.93% | ― | 15.95% | 49.06% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| TG | 63Neutral | $262.08M | 7.84 | 15.30% | ― | 14.97% | 8162.28% |
| AP | 53Neutral | $159.07M | -2.58 | -152.73% | ― | 3.27% | -1069.57% |
| MEC | 51Neutral | $383.01M | -19.00 | -6.63% | ― | 11.77% | -196.68% |
| TPCS | 45Neutral | $54.04M | -42.33 | -15.08% | ― | -0.19% | 38.34% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AP | Ampco-Pittsburgh Corporation | 7.56 | 5.52 | 270.59% | |
| NWPX | Northwest Pipe | 99.15 | 35.47 | 55.70% | |
| TG | Tredegar Corp | 7.53 | 1.16 | 18.21% | |
| MEC | Mayville Engineering Company | 15.77 | -2.22 | -12.34% | |
| TPCS | Techprecision Corporation | 5.30 | 0.73 | 15.97% |
Ampco-Pittsburgh Corporate Events
Ampco-Pittsburgh Posts New Investor Presentation Under Reg FD
NeutralOn September 23, 2026, Ampco-Pittsburgh Corporation posted a new investor presentation on its investor relations website for use with existing and prospective investors. The materials, while available online and potentially used in future meetings, w...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 11, 2026