Correlation
The correlation between AP and ETN is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AP vs. ETN
Compare and contrast key facts about Ampco-Pittsburgh Corporation (AP) and Eaton Corporation plc (ETN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AP or ETN.
Performance
AP vs. ETN - Performance Comparison
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Key characteristics
AP:
1.55
ETN:
-0.08
AP:
2.65
ETN:
0.16
AP:
1.31
ETN:
1.02
AP:
1.53
ETN:
-0.09
AP:
7.77
ETN:
-0.21
AP:
19.25%
ETN:
14.08%
AP:
106.63%
ETN:
38.56%
AP:
-98.06%
ETN:
-68.95%
AP:
-91.02%
ETN:
-14.93%
Fundamentals
AP:
$69.73M
ETN:
$124.77B
AP:
$0.22
ETN:
$9.92
AP:
15.77
ETN:
32.14
AP:
0.00
ETN:
2.67
AP:
0.17
ETN:
4.93
AP:
0.94
ETN:
6.74
AP:
$412.36M
ETN:
$25.31B
AP:
$76.83M
ETN:
$9.73B
AP:
$38.87M
ETN:
$5.80B
Returns By Period
In the year-to-date period, AP achieves a 66.03% return, which is significantly higher than ETN's -3.23% return. Over the past 10 years, AP has underperformed ETN with an annualized return of -13.31%, while ETN has yielded a comparatively higher 19.23% annualized return.
AP
66.03%
61.40%
60.65%
162.88%
-7.89%
1.82%
-13.31%
ETN
-3.23%
6.76%
-13.72%
-2.92%
33.58%
31.40%
19.23%
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Risk-Adjusted Performance
AP vs. ETN — Risk-Adjusted Performance Rank
AP
ETN
AP vs. ETN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ampco-Pittsburgh Corporation (AP) and Eaton Corporation plc (ETN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AP vs. ETN - Dividend Comparison
AP has not paid dividends to shareholders, while ETN's dividend yield for the trailing twelve months is around 1.24%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AP Ampco-Pittsburgh Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.45% | 2.69% | 7.02% | 3.74% |
ETN Eaton Corporation plc | 1.24% | 1.13% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% |
Drawdowns
AP vs. ETN - Drawdown Comparison
The maximum AP drawdown since its inception was -98.06%, which is greater than ETN's maximum drawdown of -68.95%. Use the drawdown chart below to compare losses from any high point for AP and ETN.
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Volatility
AP vs. ETN - Volatility Comparison
Ampco-Pittsburgh Corporation (AP) has a higher volatility of 39.07% compared to Eaton Corporation plc (ETN) at 6.35%. This indicates that AP's price experiences larger fluctuations and is considered to be riskier than ETN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AP vs. ETN - Financials Comparison
This section allows you to compare key financial metrics between Ampco-Pittsburgh Corporation and Eaton Corporation plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AP vs. ETN - Profitability Comparison
AP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Ampco-Pittsburgh Corporation reported a gross profit of 22.16M and revenue of 104.27M. Therefore, the gross margin over that period was 21.3%.
ETN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Eaton Corporation plc reported a gross profit of 2.45B and revenue of 6.38B. Therefore, the gross margin over that period was 38.4%.
AP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Ampco-Pittsburgh Corporation reported an operating income of 3.85M and revenue of 104.27M, resulting in an operating margin of 3.7%.
ETN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Eaton Corporation plc reported an operating income of 1.20B and revenue of 6.38B, resulting in an operating margin of 18.8%.
AP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Ampco-Pittsburgh Corporation reported a net income of 1.14M and revenue of 104.27M, resulting in a net margin of 1.1%.
ETN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Eaton Corporation plc reported a net income of 964.00M and revenue of 6.38B, resulting in a net margin of 15.1%.