vs
Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and NICOLET BANKSHARES INC (NIC). Click either name above to swap in a different company.
AMPCO PITTSBURGH CORP is the larger business by last-quarter revenue ($104.4M vs $104.0M, roughly 1.0× NICOLET BANKSHARES INC). NICOLET BANKSHARES INC runs the higher net margin — 38.8% vs -55.2%, a 94.0% gap on every dollar of revenue. On growth, NICOLET BANKSHARES INC posted the faster year-over-year revenue change (12.5% vs 11.5%). NICOLET BANKSHARES INC produced more free cash flow last quarter ($149.4M vs $-64.0K). Over the past eight quarters, NICOLET BANKSHARES INC's revenue compounded faster (12.5% 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...
Nicolet Bankshares, Inc. is a U.S. regional bank holding company based in Green Bay, Wisconsin. They are the parent company of Nicolet National Bank, the second largest Wisconsin-based bank.
AP vs NIC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.4M | $104.0M |
| Net Profit | $-57.7M | $40.3M |
| Gross Margin | — | — |
| Operating Margin | -54.0% | 48.3% |
| Net Margin | -55.2% | 38.8% |
| Revenue YoY | 11.5% | 12.5% |
| Net Profit YoY | -1958.9% | 16.9% |
| EPS (diluted) | $-2.87 | $2.63 |
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 | $104.0M | ||
| Q3 25 | $103.7M | $102.9M | ||
| Q2 25 | $108.9M | $95.7M | ||
| Q1 25 | $99.2M | $89.4M | ||
| Q4 24 | $93.6M | $92.4M | ||
| Q3 24 | $92.1M | $90.7M | ||
| Q2 24 | $107.1M | $85.0M | ||
| Q1 24 | $110.0M | $82.2M |
| Q4 25 | $-57.7M | $40.3M | ||
| Q3 25 | $-2.2M | $41.7M | ||
| Q2 25 | $-7.3M | $36.0M | ||
| Q1 25 | $1.1M | $32.6M | ||
| Q4 24 | $3.1M | $34.5M | ||
| Q3 24 | $-2.0M | $32.5M | ||
| Q2 24 | $2.0M | $29.3M | ||
| Q1 24 | $-2.7M | $27.8M |
| Q4 25 | -54.0% | 48.3% | ||
| Q3 25 | 1.1% | 50.4% | ||
| Q2 25 | -2.8% | 46.8% | ||
| Q1 25 | 3.9% | 44.9% | ||
| Q4 24 | 5.5% | 46.8% | ||
| Q3 24 | 2.0% | 45.0% | ||
| Q2 24 | 4.7% | 43.3% | ||
| Q1 24 | 0.1% | 41.8% |
| Q4 25 | -55.2% | 38.8% | ||
| Q3 25 | -2.1% | 40.6% | ||
| Q2 25 | -6.7% | 37.6% | ||
| Q1 25 | 1.2% | 36.4% | ||
| Q4 24 | 3.3% | 37.3% | ||
| Q3 24 | -2.1% | 35.8% | ||
| Q2 24 | 1.9% | 34.5% | ||
| Q1 24 | -2.5% | 33.8% |
| Q4 25 | $-2.87 | $2.63 | ||
| Q3 25 | $-0.11 | $2.73 | ||
| Q2 25 | $-0.36 | $2.34 | ||
| Q1 25 | $0.06 | $2.08 | ||
| Q4 24 | $0.16 | $2.21 | ||
| Q3 24 | $-0.10 | $2.10 | ||
| Q2 24 | $0.10 | $1.92 | ||
| Q1 24 | $-0.14 | $1.82 |
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 | — |
| Total DebtLower is stronger | $117.9M | $134.9M |
| Stockholders' EquityBook value | $32.6M | $1.3B |
| Total Assets | $495.4M | $9.2B |
| Debt / EquityLower = less leverage | 3.61× | 0.11× |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | $117.9M | $134.9M | ||
| Q3 25 | $119.0M | $134.6M | ||
| Q2 25 | $115.9M | $134.3M | ||
| Q1 25 | $115.0M | $156.6M | ||
| Q4 24 | $116.4M | $161.4M | ||
| Q3 24 | $116.0M | $161.2M | ||
| Q2 24 | $119.4M | $162.4M | ||
| Q1 24 | $116.2M | $162.3M |
| Q4 25 | $32.6M | $1.3B | ||
| Q3 25 | $60.1M | $1.2B | ||
| Q2 25 | $62.7M | $1.2B | ||
| Q1 25 | $64.6M | $1.2B | ||
| Q4 24 | $58.9M | $1.2B | ||
| Q3 24 | $61.3M | $1.1B | ||
| Q2 24 | $58.0M | $1.1B | ||
| Q1 24 | $56.3M | $1.1B |
| Q4 25 | $495.4M | $9.2B | ||
| Q3 25 | $524.4M | $9.0B | ||
| Q2 25 | $537.2M | $8.9B | ||
| Q1 25 | $536.2M | $9.0B | ||
| Q4 24 | $530.9M | $8.8B | ||
| Q3 24 | $547.4M | $8.6B | ||
| Q2 24 | $560.8M | $8.6B | ||
| Q1 24 | $565.8M | $8.4B |
| Q4 25 | 3.61× | 0.11× | ||
| Q3 25 | 1.98× | 0.11× | ||
| Q2 25 | 1.85× | 0.11× | ||
| Q1 25 | 1.78× | 0.13× | ||
| Q4 24 | 1.98× | 0.14× | ||
| Q3 24 | 1.89× | 0.14× | ||
| Q2 24 | 2.06× | 0.15× | ||
| Q1 24 | 2.06× | 0.15× |
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 | $153.5M |
| Free Cash FlowOCF − Capex | $-64.0K | $149.4M |
| FCF MarginFCF / Revenue | -0.1% | 143.7% |
| Capex IntensityCapex / Revenue | 2.7% | 3.9% |
| Cash ConversionOCF / Net Profit | — | 3.81× |
| TTM Free Cash FlowTrailing 4 quarters | $-8.1M | $275.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7M | $153.5M | ||
| Q3 25 | $6.3M | $45.9M | ||
| Q2 25 | $-2.3M | $38.9M | ||
| Q1 25 | $-5.3M | $41.8M | ||
| Q4 24 | $7.5M | $133.7M | ||
| Q3 24 | $11.4M | $39.6M | ||
| Q2 24 | $-5.3M | $37.3M | ||
| Q1 24 | $4.5M | $23.4M |
| Q4 25 | $-64.0K | $149.4M | ||
| Q3 25 | $3.3M | $45.9M | ||
| Q2 25 | $-3.8M | $38.4M | ||
| Q1 25 | $-7.5M | $41.3M | ||
| Q4 24 | $3.7M | $116.8M | ||
| Q3 24 | $8.4M | $34.7M | ||
| Q2 24 | $-8.0M | $34.4M | ||
| Q1 24 | $1.7M | $20.1M |
| Q4 25 | -0.1% | 143.7% | ||
| Q3 25 | 3.2% | 44.6% | ||
| Q2 25 | -3.5% | 40.1% | ||
| Q1 25 | -7.5% | 46.2% | ||
| Q4 24 | 4.0% | 126.4% | ||
| Q3 24 | 9.1% | 38.3% | ||
| Q2 24 | -7.5% | 40.5% | ||
| Q1 24 | 1.5% | 24.4% |
| Q4 25 | 2.7% | 3.9% | ||
| Q3 25 | 2.9% | 0.0% | ||
| Q2 25 | 1.3% | 0.6% | ||
| Q1 25 | 2.2% | 0.5% | ||
| Q4 24 | 4.0% | 18.3% | ||
| Q3 24 | 3.2% | 5.4% | ||
| Q2 24 | 2.5% | 3.5% | ||
| Q1 24 | 2.6% | 4.0% |
| Q4 25 | — | 3.81× | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 1.08× | ||
| Q1 25 | -4.62× | 1.28× | ||
| Q4 24 | 2.40× | 3.88× | ||
| Q3 24 | — | 1.22× | ||
| Q2 24 | -2.64× | 1.28× | ||
| Q1 24 | — | 0.84× |
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% |
NIC
Segment breakdown not available.
