Ampco-Pittsburgh manufactures and sells engineered metal products and customized equipment. Co. operates in two segments: Forged and Cast Engineered Products (FCEP); and Air and Liquid Processing (ALP). The FCEP segment produces forged hardened steel rolls, cast rolls and forged engineered products. Forged hardened steel rolls are used primarily in hot and cold rolling mills by producers of steel, aluminum and other metals. Cast rolls are used mainly in hot strip mills, medium/heavy section mills, roughing mills, and plate mills. The ALP segment includes Aerofin, Buffalo Air Handling and Buffalo Pumps, all divisions of Air & Liquid Systems Corporation, a wholly owned subsidiary of Co. The AP stock yearly return is shown above.
The yearly return on the AP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the AP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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