Ampco-Pittsburgh Exceeds 2026 Debt Goal With $13.3 Million Paid Down

Ampco-Pittsburgh Corporation had reached about $13.3 million in debt paydown by the end of the third quarter, exceeding its full-year 2026 goal as backlog rose to $379.5 million at Sept. 30. Management’s goal for 2026 was $8 million to $10 million in debt paydown. The $13.3 million amount represents cumulative paydown by the end of the third quarter, rather than paydown only during those three months. Separately, net debt declined $19.5 million from June 30 to Sept. 30. That figure measures the change in net debt over the quarter and is distinct from cumulative debt paydown. Cash from operations increased $15.5 million from a year earlier. That is a year-over-year comparison, while the net-debt decline covers the period from June 30 through Sept. 30.

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