AMPCO PITTSBURGH CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AMPCO PITTSBURGH CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	332	432	419	398	329	345	390	422	418	434
Cost of revenue			352	326	258	279	328	348	337	354
Gross profit			67.6	71.7	71	66.1	62.2	74.6	81.5	80
Research and development	2.72	3.39	2.66	2.52	2.05	1.23	1.02	0.66	0.44	0.49
Selling, general and administrative	58.2	60.2	58.1	53.6	45.5	46	43.5	50.9	54.9	52.1
Operating expenses	386	399	464
Operating income	-54.5	-13.8	-44.9	-10.9	6.45	-4.78	2.78	-34.6	12.2	-54.5
Interest expense	2.4	3.09	4.13	5.34	4.11	3.6	5.43	9.35	11.6	11.4
Interest income	0.48	0.13	0.53	1.42	1.4	1.08	0.52	0.13	0.12
Other non-operating income	-2.99	-3.67	1.09	2.54	2.25	3.79	2.78	-4.7	-7.12	-8.94
Pre-tax income	-57.5	-17.4	-43.8	-8.37	8.7	-1	5.56	-39.3	5.05	-63.4
Income tax	22.7	-1.36	0.27	2.11	-0.47	2.31	1.58	-1.16	2.7	0.12
Net income to minority interests	0.01	0.79	1.86	1.43	1.2	0.56	0.56	1.81	1.91	2.53
Net income	-79.8	-12.1	-69.3	-21	7.97	-3.86	3.42	-39.9	0.44	-66.1
EBITDA	-34.1	7.61	-23.5	8.06	25	13.1	20.2	-16.9	30.8	-32.7
EPS, basic	-1.99	-0.29	-1.66	-0.50	0.17	-0.20	0.18	-2.04	0.02	-3.28
EPS, diluted	-1.99	-0.29	-1.66	-0.50	0.16	-0.20	0.18	-2.04	0.02	-3.28
Shares, basic (weighted)	40	41.3	41.7	42.2	47.8	19	19.3	19.6	19.9	20.1
Shares, diluted (weighted)	40	41.3	41.7	42.2	49	19	19.4	19.6	19.9	20.1
Dividend per share	0.11	0.03

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	38.6	18.7	19.7	6.96	16.8	10.3	8.74	7.29	15.4	10.7
Receivables	72.2	81.5	69.4	81.8	60.4	68.8	72.5	78.9	70.6	79
Inventory	83.6	93.5	94.2	82.3	73.2	109	122	125	117	104
Other current assets	14.1	11.3	7.27	6.38	5.38	4.93	7.44	5.37	8.66	6.83
Total current assets	221	240	228	193	172	209	231	237	237	240
Property, plant and equipment	214	204	186	166	162	159	155	159	148	129
Lease right-of-use assets			0	4.26	4.34	4.06	3.52	4.77	4.59	4.67
Intangible assets	11.6	11	9.23	7.63	7.22	6.2	5.19	4.95	4.26	4.63
Other non-current assets	8.63	7.66	7.5	8.76	5.79	6.9	5.18	5.02	4.23	4.73
Total assets	566	566	571	507	463	506	503	566	531	495
Accounts payable	37.1	35.4	38.9	33.3	26.7	43.1	43.2	36.8	36.3	46.3
Accrued liabilities	20.2	22.3	20.4	22.3	19.3	16	11.8	14.7	17.1	13.4
Deferred revenue	6.79	4.57	4.3	4.9	6.51	4.33	10.5	13.1	19	10
Short-term debt	26.8	19.3	45.7	20.4	12.4	20	12.4	12.3	12.2	15.7
Total current liabilities	144	145	167	124	105	125	116	117	125	130
Long-term debt	25.4	46.8	31.9	50.5	24.8	40.9	93.1	116	116	118
Lease liabilities			0	3.65	3.67	3.42	2.89	3.82	3.71	3.73
Other non-current liabilities	0.66	0.42	2.07	1.46	2.97	1.17	0.68	0.09	2.74	2.8
Total liabilities	416	404	478	451	378	394	389	494	460	447
Total debt	52.2	66.2	77.6	70.9	37.2	60.9	105	129	129	134
Paid-in capital	151	153	155	156	170	175	176	177	178	179
Retained earnings	45.4	38.3	-30.4	-51.3	-43.4	-35.7	-32.3	-73	-72.6	-139
Other comprehensive income	-60.9	-44.8	-49.4	-68.7	-68.7	-55.1	-58.4	-63	-66.8	-28.2
Shareholders' equity	148	159	87.6	48.9	76.6	103	104	60.9	58.9	32.6
Minority interests	1.92	2.82	5.37	6.72	8.44	9.23	9.07	10.6	12.2	15.3
Total equity	150	162	93	55.6	96.5	112	113	71.6	71.1	48
Total liabilities and equity	566	566	571	507	463	506	503	566	531	495
Shares outstanding	41.1	41.4	41.9	42.4	61.3	19.2	19.4	19.7	20	20.2

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	-79.8	-11.3	-67.5	-19.6	9.17	-3.3	3.98	-38.1	2.35	-63.5
Depreciation and amortization	20.5	21.4	21.4	19	18.6	17.9	17.4	17.7	18.6	21.8
Stock-based compensation	2.33	2.4	2.12	1.42	1.33	2.44	1.67	2.15	1.48	1.35
Deferred income tax	23.4	3.18	-1.81	0.56	0.96	1.3	0.47	-2.96	0.26	-1.21
Change in receivables	5.7	-13.2	8.92	-15	20.9	-8.27	-11.6	-5.47	6.15	-7.38
Change in inventory	8.31	-13.8	-5.4	10.8	10.2	-27.6	-17.9	-1.4	4.76	7.37
Change in payables	-8.82	1.17	5.22	-5.29	-7.78	17.6	1.56	-6.36	-0.1	11.4
Cash from operations	-5.63	-19	6.71	-3.29	33.6	-15.9	-27.2	-3.69	18	1.34
Capital expenditures	-10.6	-13	-9.72	-11	-8.47	-15.2	-16.7	-20.4	-12.2	-9.41
Acquisitions	-27	0
Purchases of investments		-0.11	-0.11			-0.03	-0.72	-0.1	-0.37	-0.05
Sales and maturities of investments		0.33	0.31			0.3	1.09	0.73	1.01	0.66
Cash from investing	-40.9	-11.3	-1.22	-2.66	-7.93	-14.7	-16.3	-19.7	-8.25	-9.22
Debt repaid			-1.21	-28.2	-6.76	-0.86	-0.65	-0.47	-2.38	-6.63
Stock issued	0
Dividends paid	-5.21	-2.24	-0.04
Cash from financing	-8.88	8.93	-3.42	-6.62	-17.2	24.4	42.6	21.7	-1.35	2.21
Exchange rate effect		1.49	-1.01	-0.18	1.4	-0.31	-0.67	0.23	-0.29	0.94
Net change in cash	-56.5	-17.9	0.14	-13.9	9.88	-6.51	-1.6	-1.45	8.14	-4.72
Free cash flow	-16.2	-32.1	-3.01	-14.3	25.2	-31.1	-43.9	-24.1	5.83	-8.06
Interest paid	0.96	1.28	1.95	4.25	2.98	2.9	5.92	7.92	10.2	9.76
Income taxes paid	4.4	0.84	1.42	1.76	2.17	1.63	0.9	2.34	2.51	1.82

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $8.64 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	18.8%	Gross profit / revenue.
Operating margin	-11.1%	Operating income / revenue.
EBITDA margin	-6.4%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	-13.1%	Pre-tax income / revenue.
Net margin	-13.8%	Net income / revenue.
FCF margin	-0.9%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	2.5%	Cash from operations / revenue.
Return on equity (ROE)	-190.4%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	-12.1%	Net income / average total assets.
Return on invested capital (ROIC)	-23.3%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	12.2%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	3.5%	Capital expenditures / revenue.
D&A / revenue	4.7%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	3.8%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	3.6%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	5.7%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-1.9%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	8.7%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	2.4%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-547.7%	Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y	-206.2%	EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y	-15,184.0%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	-16,500.0%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	-92.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	-47.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-238.2%	Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	-44.6%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-32.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-15.7%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-6.7%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-0.5%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.4%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	1.3%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.2%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-16.3%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.78x	Current assets / current liabilities.
Quick ratio	0.67x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.05x	(Cash + short-term investments) / current liabilities.
Debt / equity	4.42x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	28.0%	Total debt / total assets.
Liabilities / assets	90.2%	Total liabilities / total assets.
Net debt	$130.5M	Total debt - cash - short-term investments. Negative means more cash than debt.
Interest coverage	-4.20x	Operating income / interest expense.
Working capital	$108.3M	Current assets - current liabilities.
Goodwill and intangibles / assets	0.9%	(Goodwill + intangible assets) / total assets.
Tangible book value	$26.8M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.87x	Revenue / average total assets.
Fixed asset turnover	3.37x	Revenue / average property, plant and equipment.
Inventory turnover	3.05x	Cost of revenue / average inventory.
Days inventory	119 days	365 x average inventory / cost of revenue.
Receivables turnover	4.96x	Revenue / average receivables.
Days sales outstanding	74 days	365 x average receivables / revenue.
Days payables	47 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	146 days	Days inventory + days sales outstanding - days payables.
Capex / operating cash flow	136.6%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	-$2.76	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$19.97	Revenue / diluted weighted shares.
FCF per share	-$0.19	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.51	Cash from operations / diluted weighted shares.
Book value per share	$1.51	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$1.30	Tangible book value / shares outstanding.
Cash per share	$0.34	(Cash + short-term investments) / shares outstanding.

Valuation

Metric	Value	How it is calculated
Market cap	$178.5M	Share price x shares outstanding.
Enterprise value	$309.0M	Market cap + total debt - cash - short-term investments.
P/S	0.42x	Market cap / revenue.
P/B	5.74x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	6.67x	Market cap / tangible book value, when positive.
P/OCF	16.4x	Market cap / cash from operations, when positive.
EV/Sales	0.72x	Enterprise value / revenue.
FCF yield	-2.2%	Free cash flow / market cap.
Earnings yield	-33.2%	Net income / market cap (the inverse of P/E).

What was AMPCO PITTSBURGH CORP's revenue in fiscal 2025?

AMPCO PITTSBURGH CORP reported revenue of $434.2M for fiscal 2025, 3.8% higher than the year before.

Was AMPCO PITTSBURGH CORP profitable in fiscal 2025?

No. It reported a net loss of $66.1M.

How much free cash flow did AMPCO PITTSBURGH CORP generate in fiscal 2025?

Cash from operations of $1.3M minus capital expenditures of $9.4M left free cash flow of -$8.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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