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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and National Storage Affiliates Trust (NSA). Click either name above to swap in a different company.

National Storage Affiliates Trust is the larger business by last-quarter revenue ($187.0M vs $104.4M, roughly 1.8× AMPCO PITTSBURGH CORP). National Storage Affiliates Trust runs the higher net margin — 12.2% vs -55.2%, a 67.5% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs -1.6%). National Storage Affiliates Trust produced more free cash flow last quarter ($299.8M vs $-64.0K). Over the past eight quarters, National Storage Affiliates Trust's revenue compounded faster (-2.4% 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...

National Storage Affiliates Trust is a U.S.-headquartered real estate investment trust focused on self-storage assets. It owns, operates and acquires self-storage facilities across dozens of U.S. states, offering secure storage solutions for residential and commercial customers.

AP vs NSA — Head-to-Head

Bigger by revenue
NSA
NSA
1.8× larger
NSA
$187.0M
$104.4M
AP
Growing faster (revenue YoY)
AP
AP
+13.1% gap
AP
11.5%
-1.6%
NSA
Higher net margin
NSA
NSA
67.5% more per $
NSA
12.2%
-55.2%
AP
More free cash flow
NSA
NSA
$299.9M more FCF
NSA
$299.8M
$-64.0K
AP
Faster 2-yr revenue CAGR
NSA
NSA
Annualised
NSA
-2.4%
-2.6%
AP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AP
AP
NSA
NSA
Revenue
$104.4M
$187.0M
Net Profit
$-57.7M
$22.9M
Gross Margin
72.5%
Operating Margin
-54.0%
20.2%
Net Margin
-55.2%
12.2%
Revenue YoY
11.5%
-1.6%
Net Profit YoY
-1958.9%
36.8%
EPS (diluted)
$-2.87
$0.23

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
NSA
NSA
Q4 25
$104.4M
$187.0M
Q3 25
$103.7M
$188.7M
Q2 25
$108.9M
$188.8M
Q1 25
$99.2M
$188.4M
Q4 24
$93.6M
$190.1M
Q3 24
$92.1M
$193.6M
Q2 24
$107.1M
$190.4M
Q1 24
$110.0M
$196.1M
Net Profit
AP
AP
NSA
NSA
Q4 25
$-57.7M
$22.9M
Q3 25
$-2.2M
$18.4M
Q2 25
$-7.3M
$19.5M
Q1 25
$1.1M
$13.0M
Q4 24
$3.1M
$16.7M
Q3 24
$-2.0M
$18.7M
Q2 24
$2.0M
$17.1M
Q1 24
$-2.7M
$59.0M
Gross Margin
AP
AP
NSA
NSA
Q4 25
72.5%
Q3 25
70.7%
Q2 25
70.5%
Q1 25
70.7%
Q4 24
72.5%
Q3 24
72.8%
Q2 24
72.6%
Q1 24
72.1%
Operating Margin
AP
AP
NSA
NSA
Q4 25
-54.0%
20.2%
Q3 25
1.1%
15.8%
Q2 25
-2.8%
16.5%
Q1 25
3.9%
11.0%
Q4 24
5.5%
14.5%
Q3 24
2.0%
15.8%
Q2 24
4.7%
17.2%
Q1 24
0.1%
48.9%
Net Margin
AP
AP
NSA
NSA
Q4 25
-55.2%
12.2%
Q3 25
-2.1%
9.8%
Q2 25
-6.7%
10.3%
Q1 25
1.2%
6.9%
Q4 24
3.3%
8.8%
Q3 24
-2.1%
9.7%
Q2 24
1.9%
9.0%
Q1 24
-2.5%
30.1%
EPS (diluted)
AP
AP
NSA
NSA
Q4 25
$-2.87
$0.23
Q3 25
$-0.11
$0.17
Q2 25
$-0.36
$0.19
Q1 25
$0.06
$0.10
Q4 24
$0.16
$0.19
Q3 24
$-0.10
$0.18
Q2 24
$0.10
$0.16
Q1 24
$-0.14
$0.65

Balance Sheet & Financial Strength

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

Metric
AP
AP
NSA
NSA
Cash + ST InvestmentsLiquidity on hand
$10.7M
$23.3M
Total DebtLower is stronger
$117.9M
Stockholders' EquityBook value
$32.6M
$946.0M
Total Assets
$495.4M
$5.1B
Debt / EquityLower = less leverage
3.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
NSA
NSA
Q4 25
$10.7M
$23.3M
Q3 25
$15.0M
$26.3M
Q2 25
$9.9M
$26.1M
Q1 25
$7.1M
$19.3M
Q4 24
$15.4M
$50.4M
Q3 24
$11.8M
$69.9M
Q2 24
$7.9M
$59.0M
Q1 24
$10.8M
$64.2M
Total Debt
AP
AP
NSA
NSA
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
NSA
NSA
Q4 25
$32.6M
$946.0M
Q3 25
$60.1M
$973.1M
Q2 25
$62.7M
$1.0B
Q1 25
$64.6M
$1.0B
Q4 24
$58.9M
$1.1B
Q3 24
$61.3M
$986.9M
Q2 24
$58.0M
$1.2B
Q1 24
$56.3M
$1.3B
Total Assets
AP
AP
NSA
NSA
Q4 25
$495.4M
$5.1B
Q3 25
$524.4M
$5.1B
Q2 25
$537.2M
$5.2B
Q1 25
$536.2M
$5.3B
Q4 24
$530.9M
$5.4B
Q3 24
$547.4M
$5.4B
Q2 24
$560.8M
$5.3B
Q1 24
$565.8M
$5.4B
Debt / Equity
AP
AP
NSA
NSA
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
NSA
NSA
Operating Cash FlowLast quarter
$2.7M
$338.5M
Free Cash FlowOCF − Capex
$-64.0K
$299.8M
FCF MarginFCF / Revenue
-0.1%
160.3%
Capex IntensityCapex / Revenue
2.7%
20.7%
Cash ConversionOCF / Net Profit
14.79×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$541.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
NSA
NSA
Q4 25
$2.7M
$338.5M
Q3 25
$6.3M
$100.2M
Q2 25
$-2.3M
$79.9M
Q1 25
$-5.3M
$85.6M
Q4 24
$7.5M
$363.1M
Q3 24
$11.4M
$105.7M
Q2 24
$-5.3M
$83.2M
Q1 24
$4.5M
$94.0M
Free Cash Flow
AP
AP
NSA
NSA
Q4 25
$-64.0K
$299.8M
Q3 25
$3.3M
$88.0M
Q2 25
$-3.8M
$73.8M
Q1 25
$-7.5M
$79.9M
Q4 24
$3.7M
$344.4M
Q3 24
$8.4M
$101.8M
Q2 24
$-8.0M
$79.5M
Q1 24
$1.7M
$88.6M
FCF Margin
AP
AP
NSA
NSA
Q4 25
-0.1%
160.3%
Q3 25
3.2%
46.6%
Q2 25
-3.5%
39.1%
Q1 25
-7.5%
42.4%
Q4 24
4.0%
181.2%
Q3 24
9.1%
52.6%
Q2 24
-7.5%
41.7%
Q1 24
1.5%
45.2%
Capex Intensity
AP
AP
NSA
NSA
Q4 25
2.7%
20.7%
Q3 25
2.9%
6.5%
Q2 25
1.3%
3.2%
Q1 25
2.2%
3.0%
Q4 24
4.0%
9.8%
Q3 24
3.2%
2.0%
Q2 24
2.5%
1.9%
Q1 24
2.6%
2.7%
Cash Conversion
AP
AP
NSA
NSA
Q4 25
14.79×
Q3 25
5.44×
Q2 25
4.10×
Q1 25
-4.62×
6.59×
Q4 24
2.40×
21.70×
Q3 24
5.65×
Q2 24
-2.64×
4.88×
Q1 24
1.59×

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%

NSA
NSA

Segment breakdown not available.

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