Ampco Gross Profit from 2010 to 2024

AP Stock

USD 1.73 0.02 1.14%

Ampco Pittsburgh Gross Profit yearly trend continues to be relatively stable with very little volatility. Gross Profit is likely to grow to about 70 M this year. Gross Profit is the profit Ampco Pittsburgh makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

1985-09-30

Previous Quarter

18.3 M

Current Value

92.1 M

Quarterly Volatility

22.6 M

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Ampco Pittsburgh financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ampco Pittsburgh's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.7 M, Interest Expense of 9.8 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 8.0E-4 or PTB Ratio of 0.79. Ampco financial statements analysis is a perfect complement when working with Ampco Pittsburgh Valuation or Volatility modules.

Check out the analysis of Ampco Pittsburgh Correlation against competitors.

To learn how to invest in Ampco Stock, please use our How to Invest in Ampco Pittsburgh guide.

Latest Ampco Pittsburgh's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Ampco Pittsburgh over the last few years. Gross profit is a required income statement account that reflects total revenue of Ampco Pittsburgh minus its cost of goods sold. It is profit before Ampco Pittsburgh operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Ampco Pittsburgh's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ampco Pittsburgh's overall financial position and show how it may be relating to other accounts over time.

View

Last Reported 62.19 M

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Ampco Gross Profit Regression Statistics

	Arithmetic Mean	65,959,255
	Geometric Mean	64,891,067
	Coefficient Of Variation	18.46
	Mean Deviation	9,279,705
	Median	66,999,000
	Standard Deviation	12,176,930
	Sample Variance	148.3T
	Range	46.4M
	R-Value	(0.31)
	Mean Square Error	144.6T
	R-Squared	0.09
	Significance	0.26
	Slope	(837,883)
	Total Sum of Squares	2075.9T

Ampco Gross Profit History

	2024	70 M
	2023	56.9 M
	2022	62.2 M
	2021	57.3 M
	2020	71 M
	2019	71.7 M
	2018	67.6 M

Other Fundumenentals of Ampco Pittsburgh

Gross Profit Margin

Ampco Pittsburgh Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Short Term Investments	Net Tangible Assets	Capital Surpluse	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.03	-0.34	0.13	0.46	0.29	0.62	0.06	0.44	0.03	-0.15	0.76	0.03	0.01	0.26	-0.66	0.0	0.1	0.26	0.39	-0.16	0.04	0.18	0.1	-0.28
Total Stockholder Equity	-0.03		-0.73	0.95	-0.59	-0.77	0.54	-0.21	-0.68	-0.76	-0.68	-0.33	-0.19	0.2	-0.63	0.04	0.98	-0.86	0.49	-0.32	-0.53	0.91	0.82	0.36	-0.64
Net Debt	-0.34	-0.73		-0.84	0.51	0.52	-0.39	0.34	0.52	0.55	0.83	0.02	-0.22	-0.25	0.54	0.48	-0.69	0.71	-0.5	0.17	0.71	-0.74	-0.4	0.02	0.6
Retained Earnings	0.13	0.95	-0.84		-0.52	-0.77	0.57	-0.2	-0.68	-0.78	-0.8	-0.28	-0.06	0.17	-0.65	-0.04	0.95	-0.9	0.59	-0.28	-0.66	0.93	0.75	0.28	-0.74
Net Receivables	0.46	-0.59	0.51	-0.52		0.42	0.19	0.24	0.82	0.48	0.42	0.55	0.04	-0.37	0.63	-0.03	-0.58	0.59	-0.03	0.26	0.32	-0.62	-0.26	0.05	0.19
Total Liab	0.29	-0.77	0.52	-0.77	0.42		-0.26	0.08	0.62	0.49	0.73	0.59	-0.06	-0.15	0.58	-0.42	-0.75	0.73	-0.51	0.43	0.65	-0.72	-0.49	-0.15	0.47
Total Current Assets	0.62	0.54	-0.39	0.57	0.19	-0.26		-0.02	-0.03	-0.33	-0.24	0.19	-0.5	-0.04	-0.26	-0.21	0.57	-0.32	0.45	0.02	-0.12	0.43	0.76	0.59	-0.45
Short Term Debt	0.06	-0.21	0.34	-0.2	0.24	0.08	-0.02		0.26	-0.16	-0.09	0.11	0.0	-0.12	0.5	0.45	-0.25	-0.02	0.37	0.84	-0.24	-0.01	-0.15	-0.47	-0.3
Accounts Payable	0.44	-0.68	0.52	-0.68	0.82	0.62	-0.03	0.26		0.66	0.51	0.71	0.07	-0.19	0.8	-0.25	-0.7	0.73	-0.15	0.44	0.37	-0.71	-0.36	-0.14	0.4
Common Stock	0.03	-0.76	0.55	-0.78	0.48	0.49	-0.33	-0.16	0.66		0.64	0.24	0.03	-0.13	0.38	-0.13	-0.73	0.92	-0.59	-0.07	0.56	-0.79	-0.55	-0.01	0.9
Long Term Debt	-0.15	-0.68	0.83	-0.8	0.42	0.73	-0.24	-0.09	0.51	0.64		0.16	-0.37	-0.14	0.37	0.02	-0.63	0.82	-0.69	-0.02	0.97	-0.8	-0.29	0.28	0.75
Property Plant Equipment	0.76	-0.33	0.02	-0.28	0.55	0.59	0.19	0.11	0.71	0.24	0.16		0.22	-0.04	0.73	-0.63	-0.36	0.4	-0.11	0.48	0.05	-0.27	-0.11	-0.09	-0.03
Current Deferred Revenue	0.03	-0.19	-0.22	-0.06	0.04	-0.06	-0.5	0.0	0.07	0.03	-0.37	0.22		0.04	0.3	-0.14	-0.26	-0.03	0.13	0.06	-0.49	0.03	-0.48	-0.55	-0.16
Good Will	0.01	0.2	-0.25	0.17	-0.37	-0.15	-0.04	-0.12	-0.19	-0.13	-0.14	-0.04	0.04		-0.1	-0.15	0.23	-0.13	0.03	-0.06	-0.1	0.17	0.14	0.06	-0.12
Intangible Assets	0.26	-0.63	0.54	-0.65	0.63	0.58	-0.26	0.5	0.8	0.38	0.37	0.73	0.3	-0.1		-0.05	-0.68	0.56	-0.2	0.6	0.16	-0.52	-0.41	-0.34	0.15
Short Term Investments	-0.66	0.04	0.48	-0.04	-0.03	-0.42	-0.21	0.45	-0.25	-0.13	0.02	-0.63	-0.14	-0.15	-0.05		0.07	-0.15	0.05	-0.09	-0.03	0.09	0.04	0.02	-0.03
Net Tangible Assets	0.0	0.98	-0.69	0.95	-0.58	-0.75	0.57	-0.25	-0.7	-0.73	-0.63	-0.36	-0.26	0.23	-0.68	0.07		-0.83	0.43	-0.38	-0.47	0.9	0.86	0.46	-0.6
Capital Surpluse	0.1	-0.86	0.71	-0.9	0.59	0.73	-0.32	-0.02	0.73	0.92	0.82	0.4	-0.03	-0.13	0.56	-0.15	-0.83		-0.68	0.1	0.72	-0.88	-0.57	0.01	0.84
Long Term Investments	0.26	0.49	-0.5	0.59	-0.03	-0.51	0.45	0.37	-0.15	-0.59	-0.69	-0.11	0.13	0.03	-0.2	0.05	0.43	-0.68		0.31	-0.65	0.51	0.36	-0.18	-0.75
Short Long Term Debt	0.39	-0.32	0.17	-0.28	0.26	0.43	0.02	0.84	0.44	-0.07	-0.02	0.48	0.06	-0.06	0.6	-0.09	-0.38	0.1	0.31		-0.16	-0.13	-0.24	-0.56	-0.26
Long Term Debt Total	-0.16	-0.53	0.71	-0.66	0.32	0.65	-0.12	-0.24	0.37	0.56	0.97	0.05	-0.49	-0.1	0.16	-0.03	-0.47	0.72	-0.65	-0.16		-0.7	-0.15	0.43	0.72
Cash And Equivalents	0.04	0.91	-0.74	0.93	-0.62	-0.72	0.43	-0.01	-0.71	-0.79	-0.8	-0.27	0.03	0.17	-0.52	0.09	0.9	-0.88	0.51	-0.13	-0.7		0.71	0.19	-0.73
Net Invested Capital	0.18	0.82	-0.4	0.75	-0.26	-0.49	0.76	-0.15	-0.36	-0.55	-0.29	-0.11	-0.48	0.14	-0.41	0.04	0.86	-0.57	0.36	-0.24	-0.15	0.71		0.72	-0.46
Net Working Capital	0.1	0.36	0.02	0.28	0.05	-0.15	0.59	-0.47	-0.14	-0.01	0.28	-0.09	-0.55	0.06	-0.34	0.02	0.46	0.01	-0.18	-0.56	0.43	0.19	0.72		0.11
Capital Stock	-0.28	-0.64	0.6	-0.74	0.19	0.47	-0.45	-0.3	0.4	0.9	0.75	-0.03	-0.16	-0.12	0.15	-0.03	-0.6	0.84	-0.75	-0.26	0.72	-0.73	-0.46	0.11

Click cells to compare fundamentals

About Ampco Pittsburgh Financial Statements

Ampco Pittsburgh shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Ampco Pittsburgh investors may analyze each financial statement separately, they are all interrelated. The changes in Ampco Pittsburgh's assets and liabilities, for example, are also reflected in the revenues and expenses on on Ampco Pittsburgh's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	56.9 M	70 M
Gross Profit Margin	0.13	0.26

Pair Trading with Ampco Pittsburgh

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ampco Pittsburgh position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ampco Pittsburgh will appreciate offsetting losses from the drop in the long position's value.

Moving against Ampco Stock

0.65	HAYN	Haynes International	Pair Corr
0.37	RYI	Ryerson Holding Corp	Pair Corr
0.35	GIFI	Gulf Island Fabrication	Pair Corr
0.35	NWPX	Northwest Pipe	Pair Corr
0.34	MLI	Mueller Industries	Pair Corr

The ability to find closely correlated positions to Ampco Pittsburgh could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ampco Pittsburgh when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ampco Pittsburgh - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ampco Pittsburgh to buy it.

The correlation of Ampco Pittsburgh is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ampco Pittsburgh moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ampco Pittsburgh moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ampco Pittsburgh can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Ampco Stock Analysis

When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC