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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and Global Net Lease, Inc. (GNL). Click either name above to swap in a different company.

Global Net Lease, Inc. is the larger business by last-quarter revenue ($117.0M vs $104.4M, roughly 1.1× AMPCO PITTSBURGH CORP). Global Net Lease, Inc. runs the higher net margin — 41.2% vs -55.2%, a 96.4% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs -15.1%). Over the past eight quarters, AMPCO PITTSBURGH CORP's revenue compounded faster (-2.6% CAGR vs -11.1%).

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...

Global Net Lease, Inc. is a publicly traded real estate investment trust that acquires, owns and manages a diversified portfolio of commercial real estate assets under long-term net lease contracts. Its property portfolio spans North America and Europe, covering industrial, office, retail and other key sectors, serving tenants across multiple industries to deliver consistent long-term returns for shareholders.

AP vs GNL — Head-to-Head

Bigger by revenue
GNL
GNL
1.1× larger
GNL
$117.0M
$104.4M
AP
Growing faster (revenue YoY)
AP
AP
+26.6% gap
AP
11.5%
-15.1%
GNL
Higher net margin
GNL
GNL
96.4% more per $
GNL
41.2%
-55.2%
AP
Faster 2-yr revenue CAGR
AP
AP
Annualised
AP
-2.6%
-11.1%
GNL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AP
AP
GNL
GNL
Revenue
$104.4M
$117.0M
Net Profit
$-57.7M
$48.2M
Gross Margin
Operating Margin
-54.0%
94.7%
Net Margin
-55.2%
41.2%
Revenue YoY
11.5%
-15.1%
Net Profit YoY
-1958.9%
838.7%
EPS (diluted)
$-2.87
$0.14

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
GNL
GNL
Q4 25
$104.4M
$117.0M
Q3 25
$103.7M
$121.0M
Q2 25
$108.9M
$124.9M
Q1 25
$99.2M
$132.4M
Q4 24
$93.6M
$137.8M
Q3 24
$92.1M
$138.7M
Q2 24
$107.1M
$145.5M
Q1 24
$110.0M
$147.9M
Net Profit
AP
AP
GNL
GNL
Q4 25
$-57.7M
$48.2M
Q3 25
$-2.2M
$-60.1M
Q2 25
$-7.3M
$-24.1M
Q1 25
$1.1M
$-189.4M
Q4 24
$3.1M
$-6.5M
Q3 24
$-2.0M
$-65.6M
Q2 24
$2.0M
$-35.7M
Q1 24
$-2.7M
$-23.8M
Operating Margin
AP
AP
GNL
GNL
Q4 25
-54.0%
94.7%
Q3 25
1.1%
-11.7%
Q2 25
-2.8%
33.9%
Q1 25
3.9%
-21.1%
Q4 24
5.5%
40.8%
Q3 24
2.0%
9.3%
Q2 24
4.7%
42.6%
Q1 24
0.1%
38.6%
Net Margin
AP
AP
GNL
GNL
Q4 25
-55.2%
41.2%
Q3 25
-2.1%
-49.7%
Q2 25
-6.7%
-19.3%
Q1 25
1.2%
-143.0%
Q4 24
3.3%
-4.7%
Q3 24
-2.1%
-47.3%
Q2 24
1.9%
-24.5%
Q1 24
-2.5%
-16.1%
EPS (diluted)
AP
AP
GNL
GNL
Q4 25
$-2.87
$0.14
Q3 25
$-0.11
$-0.32
Q2 25
$-0.36
$-0.16
Q1 25
$0.06
$-0.87
Q4 24
$0.16
$-0.08
Q3 24
$-0.10
$-0.33
Q2 24
$0.10
$-0.20
Q1 24
$-0.14
$-0.15

Balance Sheet & Financial Strength

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

Metric
AP
AP
GNL
GNL
Cash + ST InvestmentsLiquidity on hand
$10.7M
$180.1M
Total DebtLower is stronger
$117.9M
Stockholders' EquityBook value
$32.6M
$1.7B
Total Assets
$495.4M
$4.3B
Debt / EquityLower = less leverage
3.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
GNL
GNL
Q4 25
$10.7M
$180.1M
Q3 25
$15.0M
$165.1M
Q2 25
$9.9M
$144.8M
Q1 25
$7.1M
$147.0M
Q4 24
$15.4M
$159.7M
Q3 24
$11.8M
$127.2M
Q2 24
$7.9M
$122.2M
Q1 24
$10.8M
$131.9M
Total Debt
AP
AP
GNL
GNL
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
GNL
GNL
Q4 25
$32.6M
$1.7B
Q3 25
$60.1M
$1.7B
Q2 25
$62.7M
$1.8B
Q1 25
$64.6M
$1.9B
Q4 24
$58.9M
$2.2B
Q3 24
$61.3M
$2.3B
Q2 24
$58.0M
$2.4B
Q1 24
$56.3M
$2.5B
Total Assets
AP
AP
GNL
GNL
Q4 25
$495.4M
$4.3B
Q3 25
$524.4M
$4.8B
Q2 25
$537.2M
$5.0B
Q1 25
$536.2M
$5.8B
Q4 24
$530.9M
$7.0B
Q3 24
$547.4M
$7.3B
Q2 24
$560.8M
$7.6B
Q1 24
$565.8M
$8.0B
Debt / Equity
AP
AP
GNL
GNL
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
GNL
GNL
Operating Cash FlowLast quarter
$2.7M
$222.8M
Free Cash FlowOCF − Capex
$-64.0K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
4.62×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
GNL
GNL
Q4 25
$2.7M
$222.8M
Q3 25
$6.3M
$56.0M
Q2 25
$-2.3M
$52.0M
Q1 25
$-5.3M
$59.2M
Q4 24
$7.5M
$299.5M
Q3 24
$11.4M
$62.1M
Q2 24
$-5.3M
$70.4M
Q1 24
$4.5M
$92.2M
Free Cash Flow
AP
AP
GNL
GNL
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
GNL
GNL
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
GNL
GNL
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
GNL
GNL
Q4 25
4.62×
Q3 25
Q2 25
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%

GNL
GNL

Industrial And Distribution Segment$56.0M48%
Office Segment$30.8M26%
Single Tenant Retail Segment$30.2M26%

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