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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and UNIVERSAL DISPLAY CORP \PA\ (OLED). Click either name above to swap in a different company.
UNIVERSAL DISPLAY CORP \PA\ is the larger business by last-quarter revenue ($172.9M vs $104.4M, roughly 1.7× AMPCO PITTSBURGH CORP). UNIVERSAL DISPLAY CORP \PA\ runs the higher net margin — 38.4% vs -55.2%, a 93.6% gap on every dollar of revenue. On growth, AMPCO PITTSBURGH CORP posted the faster year-over-year revenue change (11.5% vs 6.6%). UNIVERSAL DISPLAY CORP \PA\ produced more free cash flow last quarter ($15.1M vs $-64.0K). Over the past eight quarters, UNIVERSAL DISPLAY CORP \PA\'s revenue compounded faster (2.3% 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...
Universal Display Corporation is a developer and manufacturer of organic light emitting diode (OLED) technologies and materials, and it is a provider of services to the display and lighting industries.
AP vs OLED — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.4M | $172.9M |
| Net Profit | $-57.7M | $66.3M |
| Gross Margin | — | 76.1% |
| Operating Margin | -54.0% | 38.9% |
| Net Margin | -55.2% | 38.4% |
| Revenue YoY | 11.5% | 6.6% |
| Net Profit YoY | -1958.9% | 44.2% |
| EPS (diluted) | $-2.87 | $1.40 |
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 | $172.9M | ||
| Q3 25 | $103.7M | $139.6M | ||
| Q2 25 | $108.9M | $171.8M | ||
| Q1 25 | $99.2M | $166.3M | ||
| Q4 24 | $93.6M | $162.3M | ||
| Q3 24 | $92.1M | $161.6M | ||
| Q2 24 | $107.1M | $158.5M | ||
| Q1 24 | $110.0M | $165.3M |
| Q4 25 | $-57.7M | $66.3M | ||
| Q3 25 | $-2.2M | $44.0M | ||
| Q2 25 | $-7.3M | $67.3M | ||
| Q1 25 | $1.1M | $64.4M | ||
| Q4 24 | $3.1M | $46.0M | ||
| Q3 24 | $-2.0M | $66.9M | ||
| Q2 24 | $2.0M | $52.3M | ||
| Q1 24 | $-2.7M | $56.9M |
| Q4 25 | — | 76.1% | ||
| Q3 25 | — | 74.6% | ||
| Q2 25 | — | 77.2% | ||
| Q1 25 | — | 77.1% | ||
| Q4 24 | — | 77.0% | ||
| Q3 24 | — | 77.8% | ||
| Q2 24 | — | 75.8% | ||
| Q1 24 | — | 77.6% |
| Q4 25 | -54.0% | 38.9% | ||
| Q3 25 | 1.1% | 30.9% | ||
| Q2 25 | -2.8% | 39.9% | ||
| Q1 25 | 3.9% | 41.9% | ||
| Q4 24 | 5.5% | 32.3% | ||
| Q3 24 | 2.0% | 41.5% | ||
| Q2 24 | 4.7% | 35.6% | ||
| Q1 24 | 0.1% | 38.0% |
| Q4 25 | -55.2% | 38.4% | ||
| Q3 25 | -2.1% | 31.5% | ||
| Q2 25 | -6.7% | 39.2% | ||
| Q1 25 | 1.2% | 38.8% | ||
| Q4 24 | 3.3% | 28.4% | ||
| Q3 24 | -2.1% | 41.4% | ||
| Q2 24 | 1.9% | 33.0% | ||
| Q1 24 | -2.5% | 34.4% |
| Q4 25 | $-2.87 | $1.40 | ||
| Q3 25 | $-0.11 | $0.92 | ||
| Q2 25 | $-0.36 | $1.41 | ||
| Q1 25 | $0.06 | $1.35 | ||
| Q4 24 | $0.16 | $0.96 | ||
| Q3 24 | $-0.10 | $1.40 | ||
| Q2 24 | $0.10 | $1.10 | ||
| Q1 24 | $-0.14 | $1.19 |
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 | $602.4M |
| Total DebtLower is stronger | $117.9M | — |
| Stockholders' EquityBook value | $32.6M | $1.8B |
| Total Assets | $495.4M | $2.0B |
| Debt / EquityLower = less leverage | 3.61× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | $602.4M | ||
| Q3 25 | $15.0M | $603.0M | ||
| Q2 25 | $9.9M | $525.2M | ||
| Q1 25 | $7.1M | $571.3M | ||
| Q4 24 | $15.4M | $492.7M | ||
| Q3 24 | $11.8M | $551.6M | ||
| Q2 24 | $7.9M | $530.5M | ||
| Q1 24 | $10.8M | $539.3M |
| 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 | — |
| Q4 25 | $32.6M | $1.8B | ||
| Q3 25 | $60.1M | $1.7B | ||
| Q2 25 | $62.7M | $1.7B | ||
| Q1 25 | $64.6M | $1.7B | ||
| Q4 24 | $58.9M | $1.6B | ||
| Q3 24 | $61.3M | $1.6B | ||
| Q2 24 | $58.0M | $1.5B | ||
| Q1 24 | $56.3M | $1.5B |
| Q4 25 | $495.4M | $2.0B | ||
| Q3 25 | $524.4M | $1.9B | ||
| Q2 25 | $537.2M | $1.9B | ||
| Q1 25 | $536.2M | $1.9B | ||
| Q4 24 | $530.9M | $1.8B | ||
| Q3 24 | $547.4M | $1.8B | ||
| Q2 24 | $560.8M | $1.8B | ||
| Q1 24 | $565.8M | $1.7B |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.7M | $31.1M |
| Free Cash FlowOCF − Capex | $-64.0K | $15.1M |
| FCF MarginFCF / Revenue | -0.1% | 8.7% |
| Capex IntensityCapex / Revenue | 2.7% | 9.3% |
| Cash ConversionOCF / Net Profit | — | 0.47× |
| TTM Free Cash FlowTrailing 4 quarters | $-8.1M | $154.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.7M | $31.1M | ||
| Q3 25 | $6.3M | $97.2M | ||
| Q2 25 | $-2.3M | $51.9M | ||
| Q1 25 | $-5.3M | $30.6M | ||
| Q4 24 | $7.5M | $34.7M | ||
| Q3 24 | $11.4M | $79.9M | ||
| Q2 24 | $-5.3M | $67.0M | ||
| Q1 24 | $4.5M | $72.2M |
| Q4 25 | $-64.0K | $15.1M | ||
| Q3 25 | $3.3M | $84.3M | ||
| Q2 25 | $-3.8M | $37.5M | ||
| Q1 25 | $-7.5M | $17.5M | ||
| Q4 24 | $3.7M | $22.0M | ||
| Q3 24 | $8.4M | $66.2M | ||
| Q2 24 | $-8.0M | $57.9M | ||
| Q1 24 | $1.7M | $65.0M |
| Q4 25 | -0.1% | 8.7% | ||
| Q3 25 | 3.2% | 60.4% | ||
| Q2 25 | -3.5% | 21.8% | ||
| Q1 25 | -7.5% | 10.5% | ||
| Q4 24 | 4.0% | 13.6% | ||
| Q3 24 | 9.1% | 41.0% | ||
| Q2 24 | -7.5% | 36.5% | ||
| Q1 24 | 1.5% | 39.3% |
| Q4 25 | 2.7% | 9.3% | ||
| Q3 25 | 2.9% | 9.2% | ||
| Q2 25 | 1.3% | 8.4% | ||
| Q1 25 | 2.2% | 7.9% | ||
| Q4 24 | 4.0% | 7.8% | ||
| Q3 24 | 3.2% | 8.4% | ||
| Q2 24 | 2.5% | 5.8% | ||
| Q1 24 | 2.6% | 4.4% |
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 2.21× | ||
| Q2 25 | — | 0.77× | ||
| Q1 25 | -4.62× | 0.47× | ||
| Q4 24 | 2.40× | 0.75× | ||
| Q3 24 | — | 1.19× | ||
| Q2 24 | -2.64× | 1.28× | ||
| Q1 24 | — | 1.27× |
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% |
OLED
| Material Sales | $95.5M | 55% |
| Other | $72.6M | 42% |
| Contract Research Services | $4.8M | 3% |
