Ampco-Pittsburgh Corporation Announces Third Quarter 2026 Results
Business Wire•10/11/2026•06:00 ET
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Key Highlights
- ➤Net sales rose 3% year over year to $111.7 million
- ➤Net income reached $0.5 million, or $0.02 per share
- ➤Adjusted EBITDA increased 2% to $9.4 million
- ➤Backlog rose $50.6 million in 2026 to $379.5 million
- ➤Free cash flow increased $15.1 million year over year to $19.7 million
Expert Statements
Brett McBrayer, CEO of Ampco-Pittsburgh
“Our third quarter reflects the progress we have made in building a stronger, more profitable Ampco-Pittsburgh,”
Brett McBrayer, CEO of Ampco-Pittsburgh
“Even in a seasonally slower quarter, both segments improved profitability compared to the prior year period, we generated strong cash flow through disciplined working capital management, and we used it to pay down debt and strengthen our financial flexibility.”
Brett McBrayer, CEO of Ampco-Pittsburgh
“In the Forged and Cast Engineered Products segment, the benefits of our 2025 strategic actions are reflected in the financial results, with higher adjusted operating income on lower sales as our Sweden facility has ramped up to our desired capacity.”
Brett McBrayer, CEO of Ampco-Pittsburgh
“We believe the North American steel market conditions continue to improve.”
Brett McBrayer, CEO of Ampco-Pittsburgh
“Ahead of an increasing order book for 2027, in the third quarter we also extended our seasonal outage at our US Burgettstown facility for maintenance designed to extend the useful life of an existing forge press asset.”
Brett McBrayer, CEO of Ampco-Pittsburgh
“Our priorities are to execute, convert demand into earnings and cash flow, and keep strengthening the balance sheet so we can capitalize on opportunities across our end markets.”
Ampco-Pittsburgh Corporation Announces Third Quarter 2026 Results
Forged and Cast Engineered Products Net sales of $68.9 million
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