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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and FLOWSERVE CORP (FLS). Click either name above to swap in a different company.

FLOWSERVE CORP is the larger business by last-quarter revenue ($1.2B vs $104.4M, roughly 11.7× AMPCO PITTSBURGH CORP). FLOWSERVE CORP runs the higher net margin — -2.4% vs -55.2%, a 52.9% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs 3.5%). AMPCO PITTSBURGH CORP produced more free cash flow last quarter ($-64.0K vs $-25.6M). Over the past eight quarters, FLOWSERVE CORP's revenue compounded faster (6.0% 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...

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

AP vs FLS — Head-to-Head

Bigger by revenue
FLS
FLS
11.7× larger
FLS
$1.2B
$104.4M
AP
Growing faster (revenue YoY)
AP
AP
+7.9% gap
AP
11.5%
3.5%
FLS
Higher net margin
FLS
FLS
52.9% more per $
FLS
-2.4%
-55.2%
AP
More free cash flow
AP
AP
$25.5M more FCF
AP
$-64.0K
$-25.6M
FLS
Faster 2-yr revenue CAGR
FLS
FLS
Annualised
FLS
6.0%
-2.6%
AP

Income Statement — Q4 2025 vs Q4 2025

Metric
AP
AP
FLS
FLS
Revenue
$104.4M
$1.2B
Net Profit
$-57.7M
$-29.0M
Gross Margin
34.8%
Operating Margin
-54.0%
3.5%
Net Margin
-55.2%
-2.4%
Revenue YoY
11.5%
3.5%
Net Profit YoY
-1958.9%
-137.4%
EPS (diluted)
$-2.87
$-0.21

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
FLS
FLS
Q4 25
$104.4M
$1.2B
Q3 25
$103.7M
$1.2B
Q2 25
$108.9M
$1.2B
Q1 25
$99.2M
$1.1B
Q4 24
$93.6M
$1.2B
Q3 24
$92.1M
$1.1B
Q2 24
$107.1M
$1.2B
Q1 24
$110.0M
$1.1B
Net Profit
AP
AP
FLS
FLS
Q4 25
$-57.7M
$-29.0M
Q3 25
$-2.2M
$219.6M
Q2 25
$-7.3M
$81.8M
Q1 25
$1.1M
$73.9M
Q4 24
$3.1M
$77.5M
Q3 24
$-2.0M
$58.4M
Q2 24
$2.0M
$72.6M
Q1 24
$-2.7M
$74.2M
Gross Margin
AP
AP
FLS
FLS
Q4 25
34.8%
Q3 25
32.4%
Q2 25
34.2%
Q1 25
32.3%
Q4 24
31.5%
Q3 24
31.5%
Q2 24
31.6%
Q1 24
31.2%
Operating Margin
AP
AP
FLS
FLS
Q4 25
-54.0%
3.5%
Q3 25
1.1%
6.7%
Q2 25
-2.8%
12.3%
Q1 25
3.9%
11.5%
Q4 24
5.5%
10.6%
Q3 24
2.0%
9.1%
Q2 24
4.7%
10.5%
Q1 24
0.1%
10.4%
Net Margin
AP
AP
FLS
FLS
Q4 25
-55.2%
-2.4%
Q3 25
-2.1%
18.7%
Q2 25
-6.7%
6.9%
Q1 25
1.2%
6.5%
Q4 24
3.3%
6.6%
Q3 24
-2.1%
5.2%
Q2 24
1.9%
6.3%
Q1 24
-2.5%
6.8%
EPS (diluted)
AP
AP
FLS
FLS
Q4 25
$-2.87
$-0.21
Q3 25
$-0.11
$1.67
Q2 25
$-0.36
$0.62
Q1 25
$0.06
$0.56
Q4 24
$0.16
$0.59
Q3 24
$-0.10
$0.44
Q2 24
$0.10
$0.55
Q1 24
$-0.14
$0.56

Balance Sheet & Financial Strength

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

Metric
AP
AP
FLS
FLS
Cash + ST InvestmentsLiquidity on hand
$10.7M
$760.2M
Total DebtLower is stronger
$117.9M
$1.6B
Stockholders' EquityBook value
$32.6M
$2.2B
Total Assets
$495.4M
$5.7B
Debt / EquityLower = less leverage
3.61×
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
FLS
FLS
Q4 25
$10.7M
$760.2M
Q3 25
$15.0M
Q2 25
$9.9M
Q1 25
$7.1M
Q4 24
$15.4M
$675.4M
Q3 24
$11.8M
Q2 24
$7.9M
Q1 24
$10.8M
Total Debt
AP
AP
FLS
FLS
Q4 25
$117.9M
$1.6B
Q3 25
$119.0M
Q2 25
$115.9M
Q1 25
$115.0M
Q4 24
$116.4M
$1.5B
Q3 24
$116.0M
Q2 24
$119.4M
Q1 24
$116.2M
Stockholders' Equity
AP
AP
FLS
FLS
Q4 25
$32.6M
$2.2B
Q3 25
$60.1M
$2.3B
Q2 25
$62.7M
$2.2B
Q1 25
$64.6M
$2.1B
Q4 24
$58.9M
$2.0B
Q3 24
$61.3M
$2.1B
Q2 24
$58.0M
$2.0B
Q1 24
$56.3M
$2.0B
Total Assets
AP
AP
FLS
FLS
Q4 25
$495.4M
$5.7B
Q3 25
$524.4M
$5.8B
Q2 25
$537.2M
$5.7B
Q1 25
$536.2M
$5.5B
Q4 24
$530.9M
$5.5B
Q3 24
$547.4M
$5.3B
Q2 24
$560.8M
$5.2B
Q1 24
$565.8M
$5.1B
Debt / Equity
AP
AP
FLS
FLS
Q4 25
3.61×
0.72×
Q3 25
1.98×
Q2 25
1.85×
Q1 25
1.78×
Q4 24
1.98×
0.75×
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
FLS
FLS
Operating Cash FlowLast quarter
$2.7M
$-174.0K
Free Cash FlowOCF − Capex
$-64.0K
$-25.6M
FCF MarginFCF / Revenue
-0.1%
-2.1%
Capex IntensityCapex / Revenue
2.7%
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$435.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
FLS
FLS
Q4 25
$2.7M
$-174.0K
Q3 25
$6.3M
$401.8M
Q2 25
$-2.3M
$154.1M
Q1 25
$-5.3M
$-49.9M
Q4 24
$7.5M
$197.3M
Q3 24
$11.4M
$178.5M
Q2 24
$-5.3M
$-12.8M
Q1 24
$4.5M
$62.3M
Free Cash Flow
AP
AP
FLS
FLS
Q4 25
$-64.0K
$-25.6M
Q3 25
$3.3M
$384.7M
Q2 25
$-3.8M
$137.5M
Q1 25
$-7.5M
$-61.7M
Q4 24
$3.7M
$168.5M
Q3 24
$8.4M
$154.6M
Q2 24
$-8.0M
$-27.5M
Q1 24
$1.7M
$48.6M
FCF Margin
AP
AP
FLS
FLS
Q4 25
-0.1%
-2.1%
Q3 25
3.2%
32.8%
Q2 25
-3.5%
11.6%
Q1 25
-7.5%
-5.4%
Q4 24
4.0%
14.3%
Q3 24
9.1%
13.6%
Q2 24
-7.5%
-2.4%
Q1 24
1.5%
4.5%
Capex Intensity
AP
AP
FLS
FLS
Q4 25
2.7%
2.1%
Q3 25
2.9%
1.5%
Q2 25
1.3%
1.4%
Q1 25
2.2%
1.0%
Q4 24
4.0%
2.4%
Q3 24
3.2%
2.1%
Q2 24
2.5%
1.3%
Q1 24
2.6%
1.3%
Cash Conversion
AP
AP
FLS
FLS
Q4 25
Q3 25
1.83×
Q2 25
1.89×
Q1 25
-4.62×
-0.68×
Q4 24
2.40×
2.55×
Q3 24
3.06×
Q2 24
-2.64×
-0.18×
Q1 24
0.84×

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%

FLS
FLS

Aftermarket Equipment$563.4M46%
FCD$390.3M32%
Original Equipment$268.5M22%

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