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Ampco Pittsburgh (AP) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 17, 2025
Ampco Pittsburgh (AP) reported revenue of $101M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and +5% from the quarter before. Operating margin was 5.1%, net earnings $3.1M (3.1% of revenue).
Ampco Pittsburgh, Q4 2024: revenue $101M (-7% year over year), operating margin 5.1%, net earnings $3.1M, operating cash flow $7.5M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $101M | +5% | -7% |
| Operating profit | $5.2M | +177% | — |
| Net earnings | $3.1M | — | — |
| Operating cash flow | $7.5M | -34% | +12% |
| Free cash flow | $3.7M | -56% | 11× |
What changed
Revenue was $100.9M in Q4 2024, down 7% year over year and up 5% from the previous quarter.
Operating profit was $5.2M, a 5.1% margin (up 43.6 points year over year). Total costs fell 36% while revenue fell 7%. The fastest-growing cost line was SG&A (+18%). Net earnings were $3.1M. The effective tax rate was 17.7%.
Operating cash flow was $7.5M (up 12% year over year), 215% of net income including minority interests. Non-cash charges added back $4.7M of depreciation and amortization and $372K of share-based compensation. Working capital and other items used $1.0M. Capital expenditures of $3.8M left free cash flow of $3.7M.
Questions
What was Ampco Pittsburgh's revenue in the fourth quarter 2024?
Ampco Pittsburgh (AP) reported revenue of $101M for the fourth quarter 2024 (Q4 2024), -7% from a year earlier and +5% from the quarter before.
Was Ampco Pittsburgh profitable in the fourth quarter 2024?
Operating profit was $5.2M (5.1% of revenue) and net earnings $3.1M.
Source: Ampco Pittsburgh 10-K on SEC EDGAR.