AP

AP is benefiting from firmer steel demand, rising backlog and restructuring gains, but cyclical markets and inflation remain challenges.

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (The “Corporation”) announced today that Brett McBrayer, Ampco Chief Executive Officer, David Anderson, Ampco Vice President and Chief Financial Officer and President of Air and Liquid Systems, and Sam Lyon, President of Union Electric Steel, will present at the Sidoti Small-Cap Virtual Investor Conference September 23, 2026. The Corporation's presentation is scheduled to begin at 1:45 pm ET followed by a Q&A session wi.

Ampco-Pittsburgh is upgraded to Buy as a turnaround accelerates, with demand and backlogs surging, especially in the Air and Liquid Processing segment. Despite rising net debt and thin liquidity, AP's backlog reached $358 million, with a book-to-bill ratio of 1.27x, signaling robust forward demand. Adjusted EBITDA margin improved to 9.49%, and incremental margins in ALP hit 55.4%, supporting reinvestment over debt repayment as the optimal capital allocation.

AP and NNBR are riding different industrial demand tailwinds, but which looks more compelling now? Let's dive in.

AP's second-quarter 2026 results show stronger profitability, improving orders and a growing backlog despite lower sales and negative free cash flow.

Ampco-Pittsburgh Corporation (AP) Q2 2026 Earnings Call Transcript

Ampco-Pittsburgh NYSE: AP reported second-quarter 2026 net income of $1.5 million, or $0.07 per share, compared with a net loss of $7.3 million, or $0.36 per share, in the prior-year period, as restructuring actions and improved operating performance supported profitability.

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (the “Company” or “Ampco”) (NYSE: AP) announced financial results for its second quarter ended June 30, 2026 (“Second Quarter 2026”). “Our Second Quarter 2026 results reflect continued progress across the business as customer activity improved and the benefits of actions taken over the last year continued to build,” said Brett McBrayer, CEO of Ampco-Pittsburgh. “In Forged and Cast Engineered Products, order activity improved, particul.

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) will hold a conference call on Tuesday, August 11, 2026, at 8:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 30, 2026. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 8:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the follo.

CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) (“Ampco-Pittsburgh” or the “Company”) today announced that customer order activity during the first six months of 2026 totaled approximately $268 million, an increase of 32% compared to approximately $204 million for the same period in 2025. The increase in customer order activity reflected strength across both of the Company's operating segments. During the first six months of 2026, Forged and Cast Engineered Products (“FC.