Business Wire·Nov 10, 2026, 6:00 AM ET

Ampco-Pittsburgh Corporation Announces Third Quarter 2026 Results

Ampco-Pittsburgh reported third quarter 2026 net sales of $111.7 million, a 3% increase from the prior year.
Net income attributable to Ampco was $0.5 million, or $0.02 per share, compared to a net loss of $2.2 million in the prior year.
Adjusted EBITDA rose 2% to $9.4 million, reflecting a margin of 8.4%.
The Forged & Cast Engineered Products segment generated $68.9 million in sales, while the Air & Liquid Processing segment generated $42.8 million, up 17% year-over-year.
Operating cash flow increased by $15.5 million to $21.8 million, with free cash flow rising $15.1 million to $19.7 million.
Total debt stood at $120.3 million, with net debt reduced by $19.5 million to $111.0 million since June 30, 2026.
Order backlog grew by $50.6 million during 2026 to reach $379.5 million as of September 30, 2026.
The Air & Liquid Processing segment saw growth driven by power generation, U.S. Navy programs, & air handling markets.
The Forged & Cast Engineered Products segment benefited from the ramp-up of its Sweden facility & improved North American steel market conditions.
The company extended seasonal maintenance at its U.S. Burgettstown facility to extend the useful life of an existing forge press asset.
Net debt reduction was funded by voluntary debt paydowns using strong cash generation from disciplined working capital management.
A conference call to discuss these results is scheduled for November 10, 2026, at 8:30 a.m. Eastern Time.