Ampco-Pittsburgh stock rises 3.24 percent as backlog holds at USD 385 million
Published on 09/28/2026 at 21:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ampco-Pittsburgh stock (ISIN US0320371034) was trading at USD 8.92 on the NYSE on September 28, 2026, up 3.24 percent from the prior close of USD 8.64. The latest investor presentation puts the company's backlog at USD 385 million, giving the market a concrete measure of demand behind the industrial turnaround.
Backlog supports the turnaround
According to StockTitan, Ampco-Pittsburgh furnished an investor presentation dated September 23, 2026, showing 2025 revenue of USD 434 million, adjusted EBITDA of USD 29 million and a 6.7 percent adjusted EBITDA margin. The same presentation identifies a future adjusted EBITDA margin target of 10 percent or more and annual EBITDA improvement of USD 7 million to USD 8 million from portfolio actions.
The backlog figure is paired with a balance-sheet challenge. The presentation shows net debt at 3.0 times adjusted EBITDA, while management is targeting lower leverage through operating improvement and free cash flow.
Profit returned in Q2 2026
The Globe and Mail reported that Ampco-Pittsburgh generated USD 1.5 million of net income, or USD 0.07 per diluted share, in Q2 2026, compared with a USD 7.3 million loss, or USD 0.36 per share, in the prior-year quarter. Adjusted EBITDA rose 22 percent year over year to USD 9.8 million, and the adjusted EBITDA margin expanded by 240 basis points to 9.5 percent.
Customer orders reached USD 144 million in Q2 2026, up 50 percent year over year, while total backlog increased by USD 39.9 million from the first quarter to USD 385.4 million. That combination matters because it links the improved profit result with forward demand rather than relying only on cost reductions.
Stock remains below yearly high
Ampco-Pittsburgh's USD 8.92 price on September 28, 2026, stood 30.37 percent below the 52-week high of USD 12.81 and above the 52-week low of USD 1.75. Trading volume was 31,419 shares, and the company's market capitalization was USD 181.3 million on the same date.
The market reaction gives the turnaround story a measurable near-term signal, but the valuation still reflects execution risk. For investors, the key test is whether the backlog and order growth convert into the targeted margin expansion while leverage declines.
USD 8.92 sets the market reference
Ampco-Pittsburgh stock was last at USD 8.92 on the NYSE on September 28, 2026, at 3:00 p.m. ET, with a 3.24 percent daily gain.
Ampco-Pittsburgh stock data
- Company: Ampco-Pittsburgh Corporation
- ISIN: US0320371034
- Ticker: AP
- Trading venue: New York Stock Exchange
- Price (as of September 28, 2026, 3:00 p.m. ET): USD 8.92
- Market capitalization: USD 181.3 million (as of September 28, 2026)
- 52-week range: USD 1.75-12.81 (as of September 28, 2026)
- Sector / Industry: Industrials / Metal Fabrication
