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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and Broadstone Net Lease, Inc. (BNL). Click either name above to swap in a different company.
Broadstone Net Lease, Inc. is the larger business by last-quarter revenue ($121.4M vs $104.4M, roughly 1.2× AMPCO PITTSBURGH CORP). Broadstone Net Lease, Inc. runs the higher net margin — 38.2% vs -55.2%, a 93.5% gap on every dollar of revenue. On growth, Broadstone Net Lease, Inc. posted the faster year-over-year revenue change (11.7% vs 11.5%). Over the past eight quarters, Broadstone Net Lease, Inc.'s revenue compounded faster (7.1% CAGR vs -2.6%).
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...
Broadstone Net Lease, Inc. is a real estate investment trust (REIT) that acquires, owns, and manages a diversified portfolio of single-tenant commercial real estate assets across the United States. Its portfolio covers key segments including industrial facilities, healthcare properties, retail locations, and office spaces, all leased to tenants under long-term net lease agreements.
AP vs BNL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.4M | $121.4M |
| Net Profit | $-57.7M | $46.4M |
| Gross Margin | — | — |
| Operating Margin | -54.0% | 52.2% |
| Net Margin | -55.2% | 38.2% |
| Revenue YoY | 11.5% | 11.7% |
| Net Profit YoY | -1958.9% | — |
| EPS (diluted) | $-2.87 | $0.24 |
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.
| Q1 26 | — | $121.4M | ||
| Q4 25 | $104.4M | $118.3M | ||
| Q3 25 | $103.7M | $114.2M | ||
| Q2 25 | $108.9M | $113.0M | ||
| Q1 25 | $99.2M | $108.7M | ||
| Q4 24 | $93.6M | $112.1M | ||
| Q3 24 | $92.1M | $108.4M | ||
| Q2 24 | $107.1M | $105.9M |
| Q1 26 | — | $46.4M | ||
| Q4 25 | $-57.7M | $33.1M | ||
| Q3 25 | $-2.2M | $26.5M | ||
| Q2 25 | $-7.3M | $20.2M | ||
| Q1 25 | $1.1M | $16.7M | ||
| Q4 24 | $3.1M | $26.4M | ||
| Q3 24 | $-2.0M | $35.6M | ||
| Q2 24 | $2.0M | $35.3M |
| Q1 26 | — | 52.2% | ||
| Q4 25 | -54.0% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | -2.8% | — | ||
| Q1 25 | 3.9% | — | ||
| Q4 24 | 5.5% | — | ||
| Q3 24 | 2.0% | — | ||
| Q2 24 | 4.7% | — |
| Q1 26 | — | 38.2% | ||
| Q4 25 | -55.2% | 28.0% | ||
| Q3 25 | -2.1% | 23.2% | ||
| Q2 25 | -6.7% | 17.8% | ||
| Q1 25 | 1.2% | 15.4% | ||
| Q4 24 | 3.3% | 23.5% | ||
| Q3 24 | -2.1% | 32.8% | ||
| Q2 24 | 1.9% | 33.4% |
| Q1 26 | — | $0.24 | ||
| Q4 25 | $-2.87 | $0.17 | ||
| Q3 25 | $-0.11 | $0.14 | ||
| Q2 25 | $-0.36 | $0.10 | ||
| Q1 25 | $0.06 | $0.09 | ||
| Q4 24 | $0.16 | $0.13 | ||
| Q3 24 | $-0.10 | $0.19 | ||
| Q2 24 | $0.10 | $0.19 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.7M | $20.3M |
| Total DebtLower is stronger | $117.9M | — |
| Stockholders' EquityBook value | $32.6M | $3.0B |
| Total Assets | $495.4M | $5.8B |
| Debt / EquityLower = less leverage | 3.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $20.3M | ||
| Q4 25 | $10.7M | $30.5M | ||
| Q3 25 | $15.0M | $82.0M | ||
| Q2 25 | $9.9M | $20.8M | ||
| Q1 25 | $7.1M | $9.6M | ||
| Q4 24 | $15.4M | $14.8M | ||
| Q3 24 | $11.8M | $9.0M | ||
| Q2 24 | $7.9M | $18.3M |
| Q1 26 | — | — | ||
| Q4 25 | $117.9M | $2.5B | ||
| Q3 25 | $119.0M | $2.4B | ||
| Q2 25 | $115.9M | $2.1B | ||
| Q1 25 | $115.0M | $2.0B | ||
| Q4 24 | $116.4M | $1.9B | ||
| Q3 24 | $116.0M | $2.0B | ||
| Q2 24 | $119.4M | $1.9B |
| Q1 26 | — | $3.0B | ||
| Q4 25 | $32.6M | $2.9B | ||
| Q3 25 | $60.1M | $2.9B | ||
| Q2 25 | $62.7M | $2.9B | ||
| Q1 25 | $64.6M | $2.9B | ||
| Q4 24 | $58.9M | $3.0B | ||
| Q3 24 | $61.3M | $3.0B | ||
| Q2 24 | $58.0M | $3.1B |
| Q1 26 | — | $5.8B | ||
| Q4 25 | $495.4M | $5.7B | ||
| Q3 25 | $524.4M | $5.5B | ||
| Q2 25 | $537.2M | $5.3B | ||
| Q1 25 | $536.2M | $5.2B | ||
| Q4 24 | $530.9M | $5.2B | ||
| Q3 24 | $547.4M | $5.3B | ||
| Q2 24 | $560.8M | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | 3.61× | 0.87× | ||
| Q3 25 | 1.98× | 0.82× | ||
| Q2 25 | 1.85× | 0.73× | ||
| Q1 25 | 1.78× | 0.68× | ||
| Q4 24 | 1.98× | 0.64× | ||
| Q3 24 | 1.89× | 0.65× | ||
| Q2 24 | 2.06× | 0.62× |
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 | $2.7M | — |
| Free Cash FlowOCF − Capex | $-64.0K | — |
| FCF MarginFCF / Revenue | -0.1% | — |
| Capex IntensityCapex / Revenue | 2.7% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.1M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.7M | $299.5M | ||
| Q3 25 | $6.3M | $64.2M | ||
| Q2 25 | $-2.3M | $79.3M | ||
| Q1 25 | $-5.3M | $71.5M | ||
| Q4 24 | $7.5M | $276.3M | ||
| Q3 24 | $11.4M | $67.3M | ||
| Q2 24 | $-5.3M | $74.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-64.0K | $269.8M | ||
| Q3 25 | $3.3M | $58.0M | ||
| Q2 25 | $-3.8M | $76.7M | ||
| Q1 25 | $-7.5M | $57.1M | ||
| Q4 24 | $3.7M | $259.5M | ||
| Q3 24 | $8.4M | $60.3M | ||
| Q2 24 | $-8.0M | $74.0M |
| Q1 26 | — | — | ||
| Q4 25 | -0.1% | 228.1% | ||
| Q3 25 | 3.2% | 50.8% | ||
| Q2 25 | -3.5% | 67.9% | ||
| Q1 25 | -7.5% | 52.5% | ||
| Q4 24 | 4.0% | 231.4% | ||
| Q3 24 | 9.1% | 55.6% | ||
| Q2 24 | -7.5% | 69.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.7% | 25.1% | ||
| Q3 25 | 2.9% | 5.4% | ||
| Q2 25 | 1.3% | 2.3% | ||
| Q1 25 | 2.2% | 13.2% | ||
| Q4 24 | 4.0% | 15.0% | ||
| Q3 24 | 3.2% | 6.5% | ||
| Q2 24 | 2.5% | 0.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 9.04× | ||
| Q3 25 | — | 2.43× | ||
| Q2 25 | — | 3.93× | ||
| Q1 25 | -4.62× | 4.27× | ||
| Q4 24 | 2.40× | 10.47× | ||
| Q3 24 | — | 1.89× | ||
| Q2 24 | -2.64× | 2.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
BNL
Segment breakdown not available.
