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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and Ategrity Specialty Insurance Co Holdings (ASIC). Click either name above to swap in a different company.

Ategrity Specialty Insurance Co Holdings is the larger business by last-quarter revenue ($116.1M vs $104.4M, roughly 1.1× AMPCO PITTSBURGH CORP). Ategrity Specialty Insurance Co Holdings runs the higher net margin — 19.5% vs -55.2%, a 74.8% gap on every dollar of revenue.

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...

Ategrity Specialty Insurance Co Holdings is a specialty insurance holding company that provides commercial property and casualty insurance solutions. It primarily focuses on excess and surplus lines coverage, serving niche segments including construction, healthcare, and small business markets across the United States, offering tailored policies for unique, hard-to-place risks that standard carriers do not typically cover.

AP vs ASIC — Head-to-Head

Bigger by revenue
ASIC
ASIC
1.1× larger
ASIC
$116.1M
$104.4M
AP
Higher net margin
ASIC
ASIC
74.8% more per $
ASIC
19.5%
-55.2%
AP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AP
AP
ASIC
ASIC
Revenue
$104.4M
$116.1M
Net Profit
$-57.7M
$22.7M
Gross Margin
Operating Margin
-54.0%
25.6%
Net Margin
-55.2%
19.5%
Revenue YoY
11.5%
Net Profit YoY
-1958.9%
EPS (diluted)
$-2.87
$0.45

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.

Revenue
AP
AP
ASIC
ASIC
Q4 25
$104.4M
Q3 25
$103.7M
$116.1M
Q2 25
$108.9M
$101.8M
Q1 25
$99.2M
Q4 24
$93.6M
Q3 24
$92.1M
Q2 24
$107.1M
Q1 24
$110.0M
Net Profit
AP
AP
ASIC
ASIC
Q4 25
$-57.7M
Q3 25
$-2.2M
$22.7M
Q2 25
$-7.3M
$17.6M
Q1 25
$1.1M
Q4 24
$3.1M
Q3 24
$-2.0M
Q2 24
$2.0M
Q1 24
$-2.7M
Operating Margin
AP
AP
ASIC
ASIC
Q4 25
-54.0%
Q3 25
1.1%
25.6%
Q2 25
-2.8%
21.9%
Q1 25
3.9%
Q4 24
5.5%
Q3 24
2.0%
Q2 24
4.7%
Q1 24
0.1%
Net Margin
AP
AP
ASIC
ASIC
Q4 25
-55.2%
Q3 25
-2.1%
19.5%
Q2 25
-6.7%
17.3%
Q1 25
1.2%
Q4 24
3.3%
Q3 24
-2.1%
Q2 24
1.9%
Q1 24
-2.5%
EPS (diluted)
AP
AP
ASIC
ASIC
Q4 25
$-2.87
Q3 25
$-0.11
$0.45
Q2 25
$-0.36
$0.39
Q1 25
$0.06
Q4 24
$0.16
Q3 24
$-0.10
Q2 24
$0.10
Q1 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AP
AP
ASIC
ASIC
Cash + ST InvestmentsLiquidity on hand
$10.7M
$34.3M
Total DebtLower is stronger
$117.9M
Stockholders' EquityBook value
$32.6M
$588.6M
Total Assets
$495.4M
$1.4B
Debt / EquityLower = less leverage
3.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
ASIC
ASIC
Q4 25
$10.7M
Q3 25
$15.0M
$34.3M
Q2 25
$9.9M
$23.5M
Q1 25
$7.1M
Q4 24
$15.4M
Q3 24
$11.8M
Q2 24
$7.9M
Q1 24
$10.8M
Total Debt
AP
AP
ASIC
ASIC
Q4 25
$117.9M
Q3 25
$119.0M
Q2 25
$115.9M
Q1 25
$115.0M
Q4 24
$116.4M
Q3 24
$116.0M
Q2 24
$119.4M
Q1 24
$116.2M
Stockholders' Equity
AP
AP
ASIC
ASIC
Q4 25
$32.6M
Q3 25
$60.1M
$588.6M
Q2 25
$62.7M
$559.7M
Q1 25
$64.6M
Q4 24
$58.9M
Q3 24
$61.3M
Q2 24
$58.0M
Q1 24
$56.3M
Total Assets
AP
AP
ASIC
ASIC
Q4 25
$495.4M
Q3 25
$524.4M
$1.4B
Q2 25
$537.2M
$1.4B
Q1 25
$536.2M
Q4 24
$530.9M
Q3 24
$547.4M
Q2 24
$560.8M
Q1 24
$565.8M
Debt / Equity
AP
AP
ASIC
ASIC
Q4 25
3.61×
Q3 25
1.98×
Q2 25
1.85×
Q1 25
1.78×
Q4 24
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
AP
AP
ASIC
ASIC
Operating Cash FlowLast quarter
$2.7M
$41.1M
Free Cash FlowOCF − Capex
$-64.0K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
1.81×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
ASIC
ASIC
Q4 25
$2.7M
Q3 25
$6.3M
$41.1M
Q2 25
$-2.3M
$50.8M
Q1 25
$-5.3M
Q4 24
$7.5M
Q3 24
$11.4M
Q2 24
$-5.3M
Q1 24
$4.5M
Free Cash Flow
AP
AP
ASIC
ASIC
Q4 25
$-64.0K
Q3 25
$3.3M
Q2 25
$-3.8M
Q1 25
$-7.5M
Q4 24
$3.7M
Q3 24
$8.4M
Q2 24
$-8.0M
Q1 24
$1.7M
FCF Margin
AP
AP
ASIC
ASIC
Q4 25
-0.1%
Q3 25
3.2%
Q2 25
-3.5%
Q1 25
-7.5%
Q4 24
4.0%
Q3 24
9.1%
Q2 24
-7.5%
Q1 24
1.5%
Capex Intensity
AP
AP
ASIC
ASIC
Q4 25
2.7%
Q3 25
2.9%
Q2 25
1.3%
Q1 25
2.2%
Q4 24
4.0%
Q3 24
3.2%
Q2 24
2.5%
Q1 24
2.6%
Cash Conversion
AP
AP
ASIC
ASIC
Q4 25
Q3 25
1.81×
Q2 25
2.88×
Q1 25
-4.62×
Q4 24
2.40×
Q3 24
Q2 24
-2.64×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AP
AP

Forged And Cast Mill Rolls$67.0M64%
Air Handling Systems$14.3M14%
Heat Exchange Coils$13.1M13%
Centrifugal Pumps$10.3M10%
Forged Engineered Products$4.0M4%

ASIC
ASIC

Segment breakdown not available.

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