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Side-by-side financial comparison of Ametek (AME) and AMPCO PITTSBURGH CORP (AP). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($2.0B vs $104.4M, roughly 19.1× AMPCO PITTSBURGH CORP). Ametek runs the higher net margin — 19.9% vs -55.2%, a 75.2% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (13.4% vs 11.5%). Ametek produced more free cash flow last quarter ($527.3M vs $-64.0K). Over the past eight quarters, Ametek's revenue compounded faster (7.3% CAGR vs -2.6%).
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.
Ampco-Pittsburgh Corporation is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small compa...
AME vs AP — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $104.4M |
| Net Profit | $398.6M | $-57.7M |
| Gross Margin | 36.0% | — |
| Operating Margin | 25.3% | -54.0% |
| Net Margin | 19.9% | -55.2% |
| Revenue YoY | 13.4% | 11.5% |
| Net Profit YoY | 2.9% | -1958.9% |
| EPS (diluted) | $1.73 | $-2.87 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $104.4M | ||
| Q3 25 | $1.9B | $103.7M | ||
| Q2 25 | $1.8B | $108.9M | ||
| Q1 25 | $1.7B | $99.2M | ||
| Q4 24 | $1.8B | $93.6M | ||
| Q3 24 | $1.7B | $92.1M | ||
| Q2 24 | $1.7B | $107.1M | ||
| Q1 24 | $1.7B | $110.0M |
| Q4 25 | $398.6M | $-57.7M | ||
| Q3 25 | $371.4M | $-2.2M | ||
| Q2 25 | $358.4M | $-7.3M | ||
| Q1 25 | $351.8M | $1.1M | ||
| Q4 24 | $387.3M | $3.1M | ||
| Q3 24 | $340.2M | $-2.0M | ||
| Q2 24 | $337.7M | $2.0M | ||
| Q1 24 | $310.9M | $-2.7M |
| Q4 25 | 36.0% | — | ||
| Q3 25 | 36.3% | — | ||
| Q2 25 | 35.8% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 36.0% | — | ||
| Q2 24 | 36.0% | — | ||
| Q1 24 | 34.1% | — |
| Q4 25 | 25.3% | -54.0% | ||
| Q3 25 | 25.8% | 1.1% | ||
| Q2 25 | 26.0% | -2.8% | ||
| Q1 25 | 26.3% | 3.9% | ||
| Q4 24 | 26.6% | 5.5% | ||
| Q3 24 | 26.1% | 2.0% | ||
| Q2 24 | 25.8% | 4.7% | ||
| Q1 24 | 24.0% | 0.1% |
| Q4 25 | 19.9% | -55.2% | ||
| Q3 25 | 19.6% | -2.1% | ||
| Q2 25 | 20.2% | -6.7% | ||
| Q1 25 | 20.3% | 1.2% | ||
| Q4 24 | 22.0% | 3.3% | ||
| Q3 24 | 19.9% | -2.1% | ||
| Q2 24 | 19.5% | 1.9% | ||
| Q1 24 | 17.9% | -2.5% |
| Q4 25 | $1.73 | $-2.87 | ||
| Q3 25 | $1.60 | $-0.11 | ||
| Q2 25 | $1.55 | $-0.36 | ||
| Q1 25 | $1.52 | $0.06 | ||
| Q4 24 | $1.67 | $0.16 | ||
| Q3 24 | $1.47 | $-0.10 | ||
| Q2 24 | $1.45 | $0.10 | ||
| Q1 24 | $1.34 | $-0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $458.0M | $10.7M |
| Total DebtLower is stronger | $2.3B | $117.9M |
| Stockholders' EquityBook value | $10.6B | $32.6M |
| Total Assets | $16.1B | $495.4M |
| Debt / EquityLower = less leverage | 0.21× | 3.61× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $458.0M | $10.7M | ||
| Q3 25 | $439.2M | $15.0M | ||
| Q2 25 | $619.7M | $9.9M | ||
| Q1 25 | $399.0M | $7.1M | ||
| Q4 24 | $374.0M | $15.4M | ||
| Q3 24 | $396.3M | $11.8M | ||
| Q2 24 | $396.6M | $7.9M | ||
| Q1 24 | $373.8M | $10.8M |
| Q4 25 | $2.3B | $117.9M | ||
| Q3 25 | — | $119.0M | ||
| Q2 25 | — | $115.9M | ||
| Q1 25 | — | $115.0M | ||
| Q4 24 | $2.1B | $116.4M | ||
| Q3 24 | — | $116.0M | ||
| Q2 24 | — | $119.4M | ||
| Q1 24 | — | $116.2M |
| Q4 25 | $10.6B | $32.6M | ||
| Q3 25 | $10.5B | $60.1M | ||
| Q2 25 | $10.4B | $62.7M | ||
| Q1 25 | $10.0B | $64.6M | ||
| Q4 24 | $9.7B | $58.9M | ||
| Q3 24 | $9.6B | $61.3M | ||
| Q2 24 | $9.3B | $58.0M | ||
| Q1 24 | $9.0B | $56.3M |
| Q4 25 | $16.1B | $495.4M | ||
| Q3 25 | $16.2B | $524.4M | ||
| Q2 25 | $15.3B | $537.2M | ||
| Q1 25 | $14.9B | $536.2M | ||
| Q4 24 | $14.6B | $530.9M | ||
| Q3 24 | $14.8B | $547.4M | ||
| Q2 24 | $14.8B | $560.8M | ||
| Q1 24 | $14.9B | $565.8M |
| Q4 25 | 0.21× | 3.61× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.85× | ||
| Q1 25 | — | 1.78× | ||
| Q4 24 | 0.22× | 1.98× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | — | 2.06× | ||
| Q1 24 | — | 2.06× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $584.3M | $2.7M |
| Free Cash FlowOCF − Capex | $527.3M | $-64.0K |
| FCF MarginFCF / Revenue | 26.4% | -0.1% |
| Capex IntensityCapex / Revenue | 2.9% | 2.7% |
| Cash ConversionOCF / Net Profit | 1.47× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | $-8.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $584.3M | $2.7M | ||
| Q3 25 | $440.9M | $6.3M | ||
| Q2 25 | $359.1M | $-2.3M | ||
| Q1 25 | $417.5M | $-5.3M | ||
| Q4 24 | $550.0M | $7.5M | ||
| Q3 24 | $487.2M | $11.4M | ||
| Q2 24 | $381.4M | $-5.3M | ||
| Q1 24 | $410.2M | $4.5M |
| Q4 25 | $527.3M | $-64.0K | ||
| Q3 25 | $420.0M | $3.3M | ||
| Q2 25 | $329.8M | $-3.8M | ||
| Q1 25 | $394.5M | $-7.5M | ||
| Q4 24 | $498.3M | $3.7M | ||
| Q3 24 | $460.9M | $8.4M | ||
| Q2 24 | $360.0M | $-8.0M | ||
| Q1 24 | $382.6M | $1.7M |
| Q4 25 | 26.4% | -0.1% | ||
| Q3 25 | 22.2% | 3.2% | ||
| Q2 25 | 18.5% | -3.5% | ||
| Q1 25 | 22.8% | -7.5% | ||
| Q4 24 | 28.3% | 4.0% | ||
| Q3 24 | 27.0% | 9.1% | ||
| Q2 24 | 20.8% | -7.5% | ||
| Q1 24 | 22.0% | 1.5% |
| Q4 25 | 2.9% | 2.7% | ||
| Q3 25 | 1.1% | 2.9% | ||
| Q2 25 | 1.6% | 1.3% | ||
| Q1 25 | 1.3% | 2.2% | ||
| Q4 24 | 2.9% | 4.0% | ||
| Q3 24 | 1.5% | 3.2% | ||
| Q2 24 | 1.2% | 2.5% | ||
| Q1 24 | 1.6% | 2.6% |
| Q4 25 | 1.47× | — | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | — | ||
| Q1 25 | 1.19× | -4.62× | ||
| Q4 24 | 1.42× | 2.40× | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.13× | -2.64× | ||
| Q1 24 | 1.32× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
AP
| Forged And Cast Mill Rolls | $67.0M | 64% |
| Air Handling Systems | $14.3M | 14% |
| Heat Exchange Coils | $13.1M | 13% |
| Centrifugal Pumps | $10.3M | 10% |
| Forged Engineered Products | $4.0M | 4% |
