📊 AP Key Takeaways
Is Ampco Pittsburgh Corp. (AP) a Good Investment?
Ampco Pittsburgh is in financial distress with an unsustainable capital structure. Despite 4.3% revenue growth, the company is unprofitable with negative free cash flow and critically low interest coverage of 0.9x, indicating it cannot service its substantial debt burden from operating earnings. The combination of negative profitability, negative FCF, and high leverage (3.68x D/E) with only $31.3M equity against $115.3M debt creates imminent refinancing and solvency risks.
Ampco Pittsburgh's fundamentals are weak: modest revenue growth is being overwhelmed by extremely low gross margins, large operating losses, and deeply negative net income. Financial health is strained by high leverage, thin equity, negative interest coverage, and negative free cash flow, leaving little cushion if operating performance does not improve materially.
Ampco Pittsburgh Corp. Key Strengths (AP)
- Revenue growth of 4.3% YoY demonstrates underlying market demand for industrial products
- Gross margin of 19.2% is reasonable for pumps and equipment manufacturing sector
- Current ratio of 1.75x provides adequate near-term liquidity buffer for operational needs
- Revenue still grew 4.3% year over year, indicating some end-market demand resilience
- Liquidity is not yet critical, with a 1.84x current ratio and 1.04x quick ratio
- Operating cash flow remained slightly positive despite net losses
AP Stock Risks: Ampco Pittsburgh Corp. Investment Risks
- Interest coverage of 0.9x is critical - company cannot cover debt service from operating income; immediate refinancing pressure
- Negative free cash flow of -$1.7M despite revenue growth indicates operational cash generation is insufficient to fund capex and debt service
- Dangerously high leverage at 3.68x debt-to-equity with minimal equity cushion ($31.3M); company is highly vulnerable to operational disruptions or market downturns
- Gross margin of 4.8% is too thin to support the business and is driving large operating losses
- Balance sheet risk is elevated, with 3.61x debt-to-equity and very low equity relative to liabilities
- Interest coverage is negative and free cash flow is negative, limiting financial flexibility
Key Metrics to Watch
- Interest coverage ratio - must improve above 1.5x to reduce solvency risk
- Free cash flow trend - negative FCF is unsustainable and must turn positive
- Operating margin improvement - currently 2.4% with negative net margins; path to profitability is essential
- Gross margin and operating margin recovery
- Free cash flow and debt reduction progress
Ampco Pittsburgh Corp. (AP) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Ampco Pittsburgh Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
AP Profit Margin, ROE & Profitability Analysis
AP vs Industrial Sector: How Ampco Pittsburgh Corp. Compares
How Ampco Pittsburgh Corp. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Ampco Pittsburgh Corp. Stock Overvalued? AP Valuation Analysis 2026
Based on fundamental analysis, Ampco Pittsburgh Corp. shows some fundamental concerns relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Ampco Pittsburgh Corp. Balance Sheet: AP Debt, Cash & Liquidity
AP Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Ampco Pittsburgh Corp.'s revenue has grown significantly by 21% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.02 reflects profitable operations.
AP Revenue Growth, EPS Growth & YoY Performance
AP Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $99.2M | -$867.0K | $-0.04 |
| Q3 2025 | $92.1M | -$2.0M | $-0.10 |
| Q2 2025 | $107.1M | -$705.0K | $-0.04 |
| Q1 2025 | $99.2M | $1.1M | $0.06 |
| Q3 2024 | $92.1M | $809.0K | $0.04 |
| Q2 2024 | $106.9M | $423.0K | $0.02 |
| Q1 2024 | $102.4M | $676.0K | $0.03 |
| Q3 2023 | $97.2M | $809.0K | $0.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Ampco Pittsburgh Corp. Dividends, Buybacks & Capital Allocation
AP SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Ampco Pittsburgh Corp. (CIK: 0000006176)
📋 Recent SEC Filings
❓ Frequently Asked Questions about AP
What is the AI rating for AP?
Ampco Pittsburgh Corp. (AP) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are AP's key strengths?
Claude: Revenue growth of 4.3% YoY demonstrates underlying market demand for industrial products. Gross margin of 19.2% is reasonable for pumps and equipment manufacturing sector. ChatGPT: Revenue still grew 4.3% year over year, indicating some end-market demand resilience. Liquidity is not yet critical, with a 1.84x current ratio and 1.04x quick ratio.
What are the risks of investing in AP?
Claude: Interest coverage of 0.9x is critical - company cannot cover debt service from operating income; immediate refinancing pressure. Negative free cash flow of -$1.7M despite revenue growth indicates operational cash generation is insufficient to fund capex and debt service. ChatGPT: Gross margin of 4.8% is too thin to support the business and is driving large operating losses. Balance sheet risk is elevated, with 3.61x debt-to-equity and very low equity relative to liabilities.
What is AP's revenue and growth?
Ampco Pittsburgh Corp. reported revenue of $108.3M.
Does AP pay dividends?
Ampco Pittsburgh Corp. does not currently pay dividends.
Where can I find AP SEC filings?
Official SEC filings for Ampco Pittsburgh Corp. (CIK: 0000006176) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is AP's EPS?
Ampco Pittsburgh Corp. has a diluted EPS of $-0.04.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is AP's fundamental grade?
Based on our AI fundamental analysis in June 2026, Ampco Pittsburgh Corp. has a D grade with 90% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is AP stock overvalued or undervalued?
Valuation metrics for AP: ROE of -2.8% (sector avg: 15%), net margin of -0.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is AP's AI grade for 2026?
Our dual AI analysis gives Ampco Pittsburgh Corp. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is AP's free cash flow?
Ampco Pittsburgh Corp.'s operating cash flow is $1.6M, with capital expenditures of $3.4M. FCF margin is -1.6%.
How does AP compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -0.8% (avg: 10%), ROE -2.8% (avg: 15%), current ratio 1.75 (avg: 1.8).
Is Ampco Pittsburgh Corp. carrying too much debt?
AP has a debt-to-equity ratio of 3.68x, which is above the Industrial sector average of 0.7x. However, the current ratio of 1.75 suggests adequate short-term liquidity.