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Side-by-side financial comparison of AMPCO PITTSBURGH CORP (AP) and WAFD INC (WAFD). Click either name above to swap in a different company.

WAFD INC is the larger business by last-quarter revenue ($191.4M vs $104.4M, roughly 1.8× AMPCO PITTSBURGH CORP). WAFD INC runs the higher net margin — 33.5% vs -55.2%, a 88.8% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs 11.5%). WAFD INC produced more free cash flow last quarter ($50.0M vs $-64.0K). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% 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...

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

AP vs WAFD — Head-to-Head

Bigger by revenue
WAFD
WAFD
1.8× larger
WAFD
$191.4M
$104.4M
AP
Growing faster (revenue YoY)
WAFD
WAFD
+0.4% gap
WAFD
11.8%
11.5%
AP
Higher net margin
WAFD
WAFD
88.8% more per $
WAFD
33.5%
-55.2%
AP
More free cash flow
WAFD
WAFD
$50.1M more FCF
WAFD
$50.0M
$-64.0K
AP
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
-2.6%
AP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AP
AP
WAFD
WAFD
Revenue
$104.4M
$191.4M
Net Profit
$-57.7M
$64.2M
Gross Margin
Operating Margin
-54.0%
43.0%
Net Margin
-55.2%
33.5%
Revenue YoY
11.5%
11.8%
Net Profit YoY
-1958.9%
35.8%
EPS (diluted)
$-2.87
$0.79

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
WAFD
WAFD
Q4 25
$104.4M
$191.4M
Q3 25
$103.7M
$188.3M
Q2 25
$108.9M
$186.3M
Q1 25
$99.2M
$179.8M
Q4 24
$93.6M
$171.1M
Q3 24
$92.1M
$188.7M
Q2 24
$107.1M
$194.4M
Q1 24
$110.0M
$172.0M
Net Profit
AP
AP
WAFD
WAFD
Q4 25
$-57.7M
$64.2M
Q3 25
$-2.2M
$60.6M
Q2 25
$-7.3M
$62.0M
Q1 25
$1.1M
$56.3M
Q4 24
$3.1M
$47.3M
Q3 24
$-2.0M
$61.1M
Q2 24
$2.0M
$64.6M
Q1 24
$-2.7M
$15.9M
Operating Margin
AP
AP
WAFD
WAFD
Q4 25
-54.0%
43.0%
Q3 25
1.1%
41.2%
Q2 25
-2.8%
42.8%
Q1 25
3.9%
40.1%
Q4 24
5.5%
35.2%
Q3 24
2.0%
42.8%
Q2 24
4.7%
42.6%
Q1 24
0.1%
12.2%
Net Margin
AP
AP
WAFD
WAFD
Q4 25
-55.2%
33.5%
Q3 25
-2.1%
32.2%
Q2 25
-6.7%
33.3%
Q1 25
1.2%
31.3%
Q4 24
3.3%
27.6%
Q3 24
-2.1%
32.4%
Q2 24
1.9%
33.2%
Q1 24
-2.5%
9.2%
EPS (diluted)
AP
AP
WAFD
WAFD
Q4 25
$-2.87
$0.79
Q3 25
$-0.11
$0.71
Q2 25
$-0.36
$0.73
Q1 25
$0.06
$0.65
Q4 24
$0.16
$0.54
Q3 24
$-0.10
$0.73
Q2 24
$0.10
$0.75
Q1 24
$-0.14
$0.17

Balance Sheet & Financial Strength

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

Metric
AP
AP
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$10.7M
$734.9M
Total DebtLower is stronger
$117.9M
Stockholders' EquityBook value
$32.6M
$3.0B
Total Assets
$495.4M
$27.3B
Debt / EquityLower = less leverage
3.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AP
AP
WAFD
WAFD
Q4 25
$10.7M
$734.9M
Q3 25
$15.0M
$657.3M
Q2 25
$9.9M
$809.3M
Q1 25
$7.1M
$1.2B
Q4 24
$15.4M
$1.5B
Q3 24
$11.8M
$2.4B
Q2 24
$7.9M
$2.5B
Q1 24
$10.8M
$1.5B
Total Debt
AP
AP
WAFD
WAFD
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
WAFD
WAFD
Q4 25
$32.6M
$3.0B
Q3 25
$60.1M
$3.0B
Q2 25
$62.7M
$3.0B
Q1 25
$64.6M
$3.0B
Q4 24
$58.9M
$3.0B
Q3 24
$61.3M
$3.0B
Q2 24
$58.0M
$3.0B
Q1 24
$56.3M
$2.9B
Total Assets
AP
AP
WAFD
WAFD
Q4 25
$495.4M
$27.3B
Q3 25
$524.4M
$26.7B
Q2 25
$537.2M
$26.7B
Q1 25
$536.2M
$27.6B
Q4 24
$530.9M
$27.7B
Q3 24
$547.4M
$28.1B
Q2 24
$560.8M
$28.6B
Q1 24
$565.8M
$30.1B
Debt / Equity
AP
AP
WAFD
WAFD
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
WAFD
WAFD
Operating Cash FlowLast quarter
$2.7M
$60.5M
Free Cash FlowOCF − Capex
$-64.0K
$50.0M
FCF MarginFCF / Revenue
-0.1%
26.1%
Capex IntensityCapex / Revenue
2.7%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$-8.1M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AP
AP
WAFD
WAFD
Q4 25
$2.7M
$60.5M
Q3 25
$6.3M
$237.0M
Q2 25
$-2.3M
$58.0M
Q1 25
$-5.3M
$72.1M
Q4 24
$7.5M
$49.4M
Q3 24
$11.4M
$439.2M
Q2 24
$-5.3M
$63.1M
Q1 24
$4.5M
$169.2M
Free Cash Flow
AP
AP
WAFD
WAFD
Q4 25
$-64.0K
$50.0M
Q3 25
$3.3M
$208.2M
Q2 25
$-3.8M
$53.1M
Q1 25
$-7.5M
$66.6M
Q4 24
$3.7M
$43.0M
Q3 24
$8.4M
$414.6M
Q2 24
$-8.0M
$58.3M
Q1 24
$1.7M
$164.8M
FCF Margin
AP
AP
WAFD
WAFD
Q4 25
-0.1%
26.1%
Q3 25
3.2%
110.6%
Q2 25
-3.5%
28.5%
Q1 25
-7.5%
37.0%
Q4 24
4.0%
25.1%
Q3 24
9.1%
219.7%
Q2 24
-7.5%
30.0%
Q1 24
1.5%
95.8%
Capex Intensity
AP
AP
WAFD
WAFD
Q4 25
2.7%
5.5%
Q3 25
2.9%
15.2%
Q2 25
1.3%
2.6%
Q1 25
2.2%
3.1%
Q4 24
4.0%
3.8%
Q3 24
3.2%
13.1%
Q2 24
2.5%
2.5%
Q1 24
2.6%
2.6%
Cash Conversion
AP
AP
WAFD
WAFD
Q4 25
0.94×
Q3 25
3.91×
Q2 25
0.94×
Q1 25
-4.62×
1.28×
Q4 24
2.40×
1.05×
Q3 24
7.18×
Q2 24
-2.64×
0.98×
Q1 24
10.65×

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%

WAFD
WAFD

Segment breakdown not available.

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