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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and GERMAN AMERICAN BANCORP, INC. (GABC). Click either name above to swap in a different company.

GERMAN AMERICAN BANCORP, INC. is the larger business by last-quarter revenue ($126.7M vs $104.4M, roughly 1.2× AMPCO PITTSBURGH CORP). GERMAN AMERICAN BANCORP, INC. runs the higher net margin — 28.2% vs -55.2%, a 83.4% gap on every dollar of revenue. On growth, GERMAN AMERICAN BANCORP, INC. posted the faster year-over-year revenue change (39.7% vs 11.5%). GERMAN AMERICAN BANCORP, INC. produced more free cash flow last quarter ($154.0M vs $-64.0K). Over the past eight quarters, GERMAN AMERICAN BANCORP, INC.'s revenue compounded faster (22.7% 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...

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

AP vs GABC — Head-to-Head

Bigger by revenue
GABC
GABC
1.2× larger
GABC
$126.7M
$104.4M
AP
Growing faster (revenue YoY)
GABC
GABC
+28.2% gap
GABC
39.7%
11.5%
AP
Higher net margin
GABC
GABC
83.4% more per $
GABC
28.2%
-55.2%
AP
More free cash flow
GABC
GABC
$154.1M more FCF
GABC
$154.0M
$-64.0K
AP
Faster 2-yr revenue CAGR
GABC
GABC
Annualised
GABC
22.7%
-2.6%
AP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AP
AP
GABC
GABC
Revenue
$104.4M
$126.7M
Net Profit
$-57.7M
$35.7M
Gross Margin
Operating Margin
-54.0%
34.6%
Net Margin
-55.2%
28.2%
Revenue YoY
11.5%
39.7%
Net Profit YoY
-1958.9%
53.7%
EPS (diluted)
$-2.87
$0.98

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
GABC
GABC
Q4 25
$104.4M
$126.7M
Q3 25
$103.7M
$126.5M
Q2 25
$108.9M
$123.2M
Q1 25
$99.2M
$111.1M
Q4 24
$93.6M
$90.7M
Q3 24
$92.1M
$88.5M
Q2 24
$107.1M
$90.5M
Q1 24
$110.0M
$84.1M
Net Profit
AP
AP
GABC
GABC
Q4 25
$-57.7M
$35.7M
Q3 25
$-2.2M
$35.1M
Q2 25
$-7.3M
$31.4M
Q1 25
$1.1M
$10.5M
Q4 24
$3.1M
$23.2M
Q3 24
$-2.0M
$21.0M
Q2 24
$2.0M
$20.5M
Q1 24
$-2.7M
$19.0M
Operating Margin
AP
AP
GABC
GABC
Q4 25
-54.0%
34.6%
Q3 25
1.1%
34.6%
Q2 25
-2.8%
31.8%
Q1 25
3.9%
12.0%
Q4 24
5.5%
31.6%
Q3 24
2.0%
29.0%
Q2 24
4.7%
29.4%
Q1 24
0.1%
27.6%
Net Margin
AP
AP
GABC
GABC
Q4 25
-55.2%
28.2%
Q3 25
-2.1%
27.7%
Q2 25
-6.7%
25.5%
Q1 25
1.2%
9.5%
Q4 24
3.3%
25.6%
Q3 24
-2.1%
23.8%
Q2 24
1.9%
22.7%
Q1 24
-2.5%
22.6%
EPS (diluted)
AP
AP
GABC
GABC
Q4 25
$-2.87
$0.98
Q3 25
$-0.11
$0.94
Q2 25
$-0.36
$0.84
Q1 25
$0.06
$0.30
Q4 24
$0.16
$0.79
Q3 24
$-0.10
$0.71
Q2 24
$0.10
$0.69
Q1 24
$-0.14
$0.64

Balance Sheet & Financial Strength

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

Metric
AP
AP
GABC
GABC
Cash + ST InvestmentsLiquidity on hand
$10.7M
Total DebtLower is stronger
$117.9M
$100.0M
Stockholders' EquityBook value
$32.6M
$1.2B
Total Assets
$495.4M
$8.4B
Debt / EquityLower = less leverage
3.61×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
GABC
GABC
Q4 25
$10.7M
Q3 25
$15.0M
Q2 25
$9.9M
Q1 25
$7.1M
Q4 24
$15.4M
Q3 24
$11.8M
Q2 24
$7.9M
Q1 24
$10.8M
Total Debt
AP
AP
GABC
GABC
Q4 25
$117.9M
$100.0M
Q3 25
$119.0M
Q2 25
$115.9M
Q1 25
$115.0M
Q4 24
$116.4M
$114.6M
Q3 24
$116.0M
Q2 24
$119.4M
Q1 24
$116.2M
Stockholders' Equity
AP
AP
GABC
GABC
Q4 25
$32.6M
$1.2B
Q3 25
$60.1M
$1.1B
Q2 25
$62.7M
$1.1B
Q1 25
$64.6M
$1.0B
Q4 24
$58.9M
$715.1M
Q3 24
$61.3M
$744.6M
Q2 24
$58.0M
$687.8M
Q1 24
$56.3M
$655.3M
Total Assets
AP
AP
GABC
GABC
Q4 25
$495.4M
$8.4B
Q3 25
$524.4M
$8.4B
Q2 25
$537.2M
$8.3B
Q1 25
$536.2M
$8.4B
Q4 24
$530.9M
$6.3B
Q3 24
$547.4M
$6.3B
Q2 24
$560.8M
$6.2B
Q1 24
$565.8M
$6.1B
Debt / Equity
AP
AP
GABC
GABC
Q4 25
3.61×
0.09×
Q3 25
1.98×
Q2 25
1.85×
Q1 25
1.78×
Q4 24
1.98×
0.16×
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
GABC
GABC
Operating Cash FlowLast quarter
$2.7M
$159.3M
Free Cash FlowOCF − Capex
$-64.0K
$154.0M
FCF MarginFCF / Revenue
-0.1%
121.6%
Capex IntensityCapex / Revenue
2.7%
4.2%
Cash ConversionOCF / Net Profit
4.46×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$267.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
GABC
GABC
Q4 25
$2.7M
$159.3M
Q3 25
$6.3M
$51.8M
Q2 25
$-2.3M
$26.9M
Q1 25
$-5.3M
$37.9M
Q4 24
$7.5M
$95.8M
Q3 24
$11.4M
$24.5M
Q2 24
$-5.3M
$18.7M
Q1 24
$4.5M
$23.9M
Free Cash Flow
AP
AP
GABC
GABC
Q4 25
$-64.0K
$154.0M
Q3 25
$3.3M
$50.1M
Q2 25
$-3.8M
$26.2M
Q1 25
$-7.5M
$36.7M
Q4 24
$3.7M
$90.7M
Q3 24
$8.4M
$23.0M
Q2 24
$-8.0M
$17.0M
Q1 24
$1.7M
$22.6M
FCF Margin
AP
AP
GABC
GABC
Q4 25
-0.1%
121.6%
Q3 25
3.2%
39.6%
Q2 25
-3.5%
21.2%
Q1 25
-7.5%
33.0%
Q4 24
4.0%
100.1%
Q3 24
9.1%
26.0%
Q2 24
-7.5%
18.8%
Q1 24
1.5%
26.9%
Capex Intensity
AP
AP
GABC
GABC
Q4 25
2.7%
4.2%
Q3 25
2.9%
1.3%
Q2 25
1.3%
0.6%
Q1 25
2.2%
1.1%
Q4 24
4.0%
5.6%
Q3 24
3.2%
1.7%
Q2 24
2.5%
1.8%
Q1 24
2.6%
1.5%
Cash Conversion
AP
AP
GABC
GABC
Q4 25
4.46×
Q3 25
1.48×
Q2 25
0.86×
Q1 25
-4.62×
3.61×
Q4 24
2.40×
4.13×
Q3 24
1.16×
Q2 24
-2.64×
0.91×
Q1 24
1.25×

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%

GABC
GABC

Segment breakdown not available.

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