Ampco-Pittsburgh Corporation (AP) Stock

Ampco-Pittsburgh Corporation (AP) is a Industrials stock trading at $8.47 (as of 2026-08-20), with a market capitalization of $174.98M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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. It operates in two segments, Forged and Cast Engineered Products (FCEG); and Air and Liquid Processing. The FCEG segment produces forged hardened steel rolls that are used in cold rolling mills by producers of steel, aluminum, and other metals; cast rolls for hot and cold strip, medium/heavy section, hot strip finishing, roughing, and plate mills in various iron and steel qualities; and forged engineered products for use in the steel distribution, oil and gas, and aluminum and plastic extrusion industries. This segment also offers forged rolls for cluster and Z-Hi mills; work rolls for narrow and wide strip and aluminum mills; back-up rolls for narrow strip mills; leveling rolls and shafts; and distributes tool steels, alloys, and carbon round bars. The Air and Liquid Processing segment produces custom-engineered finned tube heat exchange coils and related heat transfer products for various industries, including OEM/commercial, nuclear power generation, and industrial manufacturing; and custom-designed air handling systems for institutional, pharmaceutical, and general industrial building markets. This segment also provides centrifugal pumps the fossil-fueled power generation, marine defense, and industrial refrigeration industries. The company was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania.

Understand Ampco-Pittsburgh Corporation: how it makes money

Ampco-Pittsburgh manufactures and sells specialty metal products and customized equipment, it makes forged and cast rolls and related products for metal processing customers and also sells air and liquid processing systems.

Managements disclosed backlog signals, Remaining Performance Obligations and Customer Orders, point to a business where near-term revenue and profitability depend on converting incoming order flow into segment net sales.

Revenue by segment (latest quarter)
FCEG$0.1B
Air/Liquid$0.0B

Business quality (Weak): Strength is the specialized, two-segment product offering, key watch items are backlog and order flow, risks center on measured declines in Forged and Cast Engineered Products net sales and relatively low operating profitability (operating margin 2.4%).

Bull case

  • Backlog visibility: Remaining Performance Obligations are disclosed at 0.35 USD_B, which can support visibility into future demand.
  • Demand capture signals: Customer Orders are disclosed at 0.12 USD_B, indicating ongoing order inflow.
  • Operational focus: Inventory Reduction is shown as 18.0 percent, suggesting an effort to control inventory.

Bear case

  • Segment net sales pressure: Forged and Cast Engineered Product Segment Net Sales Decline is shown at 2.5 percent, which can pressure earnings.
  • Low profitability backdrop: Operating margin is 2.4 percent in the provided period, indicating limited cushion.
  • Segment profitability concern in data provided: Air and Liquid Processing Segment Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization is shown as 0.0 USD_B in the provided dataset.
Valuation — source: SEC EDGAR (first-party)
Price$8.47
Market Cap$174.98M
Price / Book3.62
Price / Sales0.41
FCF Yield-2.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$434.17M
Net Margin-15.2%
Revenue Growth (YoY)-9.0%
EPS Growth (YoY)-119.4%
FCF Growth (YoY)44.0%
Financial Health — source: SEC EDGAR
Altman Z-Score0.62 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Machinery)32.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderGAMCO INVESTORS, INC. ET AL ($16.75M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEOJ. Brett McBrayer
Employees1,634
CountryUS
IPO Date1973-02-21

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AP earnings history · AP institutional & insider holders · AP KPIs & operating metrics · AP financials · AP investor presentations & press releases · AP SEC filings · AP peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.