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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and Ramaco Resources, Inc. (METC). Click either name above to swap in a different company.
Ramaco Resources, Inc. is the larger business by last-quarter revenue ($121.0M vs $104.4M, roughly 1.2× AMPCO PITTSBURGH CORP). Ramaco Resources, Inc. runs the higher net margin — -11.0% vs -55.2%, a 44.2% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs -27.7%). AMPCO PITTSBURGH CORP produced more free cash flow last quarter ($-64.0K vs $-17.5M). Over the past eight quarters, AMPCO PITTSBURGH CORP's revenue compounded faster (-2.6% CAGR vs -22.7%).
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...
Ramaco Resources, Inc. is a U.S.-based mining company focused on high-grade metallurgical coal production. It operates mining assets across the Appalachian region, supplying products to global steel manufacturing and industrial clients, with core operations centered on sustainable low-cost metallurgical coal extraction and distribution.
AP vs METC — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.4M | $121.0M |
| Net Profit | $-57.7M | $-13.3M |
| Gross Margin | — | 15.8% |
| Operating Margin | -54.0% | -12.0% |
| Net Margin | -55.2% | -11.0% |
| Revenue YoY | 11.5% | -27.7% |
| Net Profit YoY | -1958.9% | -5468.2% |
| EPS (diluted) | $-2.87 | — |
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.
| Q4 25 | $104.4M | — | ||
| Q3 25 | $103.7M | $121.0M | ||
| Q2 25 | $108.9M | $153.0M | ||
| Q1 25 | $99.2M | $134.7M | ||
| Q4 24 | $93.6M | $170.9M | ||
| Q3 24 | $92.1M | $167.4M | ||
| Q2 24 | $107.1M | $155.3M | ||
| Q1 24 | $110.0M | $172.7M |
| Q4 25 | $-57.7M | — | ||
| Q3 25 | $-2.2M | $-13.3M | ||
| Q2 25 | $-7.3M | $-14.0M | ||
| Q1 25 | $1.1M | $-9.5M | ||
| Q4 24 | $3.1M | $3.9M | ||
| Q3 24 | $-2.0M | $-239.0K | ||
| Q2 24 | $2.0M | $5.5M | ||
| Q1 24 | $-2.7M | $2.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 15.8% | ||
| Q2 25 | — | 12.3% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 20.4% | ||
| Q3 24 | — | 19.5% | ||
| Q2 24 | — | 21.0% | ||
| Q1 24 | — | 19.1% |
| Q4 25 | -54.0% | — | ||
| Q3 25 | 1.1% | -12.0% | ||
| Q2 25 | -2.8% | -9.1% | ||
| Q1 25 | 3.9% | -8.9% | ||
| Q4 24 | 5.5% | 3.7% | ||
| Q3 24 | 2.0% | 1.0% | ||
| Q2 24 | 4.7% | 3.5% | ||
| Q1 24 | 0.1% | 1.9% |
| Q4 25 | -55.2% | — | ||
| Q3 25 | -2.1% | -11.0% | ||
| Q2 25 | -6.7% | -9.1% | ||
| Q1 25 | 1.2% | -7.0% | ||
| Q4 24 | 3.3% | 2.3% | ||
| Q3 24 | -2.1% | -0.1% | ||
| Q2 24 | 1.9% | 3.6% | ||
| Q1 24 | -2.5% | 1.2% |
| Q4 25 | $-2.87 | — | ||
| Q3 25 | $-0.11 | — | ||
| Q2 25 | $-0.36 | — | ||
| Q1 25 | $0.06 | — | ||
| Q4 24 | $0.16 | $0.06 | ||
| Q3 24 | $-0.10 | $-0.03 | ||
| Q2 24 | $0.10 | $0.08 | ||
| Q1 24 | $-0.14 | $0.00 |
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 | $193.8M |
| Total DebtLower is stronger | $117.9M | $116.3M |
| Stockholders' EquityBook value | $32.6M | $526.9M |
| Total Assets | $495.4M | $849.7M |
| Debt / EquityLower = less leverage | 3.61× | 0.22× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | — | ||
| Q3 25 | $15.0M | $193.8M | ||
| Q2 25 | $9.9M | $28.1M | ||
| Q1 25 | $7.1M | $43.5M | ||
| Q4 24 | $15.4M | $33.0M | ||
| Q3 24 | $11.8M | $22.9M | ||
| Q2 24 | $7.9M | $27.6M | ||
| Q1 24 | $10.8M | $30.5M |
| Q4 25 | $117.9M | — | ||
| Q3 25 | $119.0M | $116.3M | ||
| Q2 25 | $115.9M | — | ||
| Q1 25 | $115.0M | — | ||
| Q4 24 | $116.4M | $88.2M | ||
| Q3 24 | $116.0M | — | ||
| Q2 24 | $119.4M | — | ||
| Q1 24 | $116.2M | — |
| Q4 25 | $32.6M | — | ||
| Q3 25 | $60.1M | $526.9M | ||
| Q2 25 | $62.7M | $347.4M | ||
| Q1 25 | $64.6M | $355.2M | ||
| Q4 24 | $58.9M | $362.8M | ||
| Q3 24 | $61.3M | $361.8M | ||
| Q2 24 | $58.0M | $366.1M | ||
| Q1 24 | $56.3M | $372.3M |
| Q4 25 | $495.4M | — | ||
| Q3 25 | $524.4M | $849.7M | ||
| Q2 25 | $537.2M | $674.6M | ||
| Q1 25 | $536.2M | $685.7M | ||
| Q4 24 | $530.9M | $674.7M | ||
| Q3 24 | $547.4M | $645.4M | ||
| Q2 24 | $560.8M | $659.2M | ||
| Q1 24 | $565.8M | $674.0M |
| Q4 25 | 3.61× | — | ||
| Q3 25 | 1.98× | 0.22× | ||
| Q2 25 | 1.85× | — | ||
| Q1 25 | 1.78× | — | ||
| Q4 24 | 1.98× | 0.24× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.7M | $-1.4M |
| Free Cash FlowOCF − Capex | $-64.0K | $-17.5M |
| FCF MarginFCF / Revenue | -0.1% | -14.5% |
| Capex IntensityCapex / Revenue | 2.7% | 13.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-8.1M | $-24.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7M | — | ||
| Q3 25 | $6.3M | $-1.4M | ||
| Q2 25 | $-2.3M | $-4.3M | ||
| Q1 25 | $-5.3M | $26.0M | ||
| Q4 24 | $7.5M | $15.7M | ||
| Q3 24 | $11.4M | $37.4M | ||
| Q2 24 | $-5.3M | $34.4M | ||
| Q1 24 | $4.5M | $25.2M |
| Q4 25 | $-64.0K | — | ||
| Q3 25 | $3.3M | $-17.5M | ||
| Q2 25 | $-3.8M | $-19.8M | ||
| Q1 25 | $-7.5M | $7.6M | ||
| Q4 24 | $3.7M | $5.1M | ||
| Q3 24 | $8.4M | $25.6M | ||
| Q2 24 | $-8.0M | $20.3M | ||
| Q1 24 | $1.7M | $6.5M |
| Q4 25 | -0.1% | — | ||
| Q3 25 | 3.2% | -14.5% | ||
| Q2 25 | -3.5% | -13.0% | ||
| Q1 25 | -7.5% | 5.6% | ||
| Q4 24 | 4.0% | 3.0% | ||
| Q3 24 | 9.1% | 15.3% | ||
| Q2 24 | -7.5% | 13.1% | ||
| Q1 24 | 1.5% | 3.7% |
| Q4 25 | 2.7% | — | ||
| Q3 25 | 2.9% | 13.3% | ||
| Q2 25 | 1.3% | 10.2% | ||
| Q1 25 | 2.2% | 13.7% | ||
| Q4 24 | 4.0% | 6.2% | ||
| Q3 24 | 3.2% | 7.0% | ||
| Q2 24 | 2.5% | 9.1% | ||
| Q1 24 | 2.6% | 10.8% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -4.62× | — | ||
| Q4 24 | 2.40× | 4.06× | ||
| Q3 24 | — | — | ||
| Q2 24 | -2.64× | 6.21× | ||
| Q1 24 | — | 12.40× |
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% |
METC
| Export Coal Revenues | $73.0M | 60% |
| Domestic Coal Revenues | $48.0M | 40% |
