American Superconductor Corporation (AMSC) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Industrial - Machinery
EV/EBITDA
↓
76.23
-7% vs avg
5yr avg: 82.28
30Y Low4.9·High53.2
P/FCF
↓
113.36
↓-23% vs avg
5yr avg: 147.50
30Y Low6.4·High81.4
P/B Ratio
↑
3.43
↑+37% vs avg
5yr avg: 2.50
30Y Low0.7·High12.6
ROE
↑
35.6%
↓+830% vs avg
5yr avg: -4.9%
30Y Low-72%·High40%
Debt/EBITDA
↓
0.16
↓-59% vs avg
5yr avg: 0.39
30Y Low0.2·High0.6
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
AMSC Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
American Superconductor Corporation trades at 14.2x earnings, 77% below its 5-year average of 62.2x, sitting at the 50th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 44%. On a free-cash-flow basis, the stock trades at 113.4x P/FCF, 23% below the 5-year average of 147.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.1B | $1.5B | $684M | $403M | $137M | $207M | $453M | $115M | $267M | $110M | $95M |
| Enterprise Value | $1.9B | $1.3B | $608M | $315M | $116M | $170M | $389M | $94M | $189M | $76M | $69M |
| P/E Ratio → | 14.23 | 11.10 | 113.38 | — | — | — | — | — | 9.97 | — | — |
| P/S Ratio | 6.92 | 4.97 | 3.07 | 2.77 | 1.29 | 1.91 | 5.20 | 1.81 | 4.74 | 2.28 | 1.26 |
| P/B Ratio | 3.43 | 2.68 | 3.47 | 2.79 | 1.67 | 1.89 | 3.88 | 1.60 | 3.28 | 2.11 | 1.57 |
| P/FCF | 113.36 | 81.38 | 26.45 | 334.66 | — | — | — | — | 6.38 | — | — |
| P/OCF | 89.42 | 64.20 | 24.19 | 188.46 | — | — | — | — | 6.24 | — | — |
P/E links to full P/E history page with 30-year chart
AMSC EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
American Superconductor Corporation's enterprise value stands at 76.2x EBITDA, 7% below its 5-year average of 82.3x. The Industrials sector median is 13.9x, placing the stock at a 450% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.50 | 2.73 | 2.16 | 1.10 | 1.57 | 4.46 | 1.48 | 3.36 | 1.58 | 0.92 |
| EV / EBITDA | 76.23 | 53.17 | 111.39 | — | — | — | — | — | 4.89 | — | — |
| EV / EBIT | 114.45 | 79.82 | 108.49 | — | — | — | — | — | — | — | — |
| EV / FCF | — | 73.70 | 23.51 | 261.73 | — | — | — | — | 4.53 | — | — |
AMSC Profitability
Margins and return-on-capital ratios measuring operating efficiency
American Superconductor Corporation earns an operating margin of 5.6%, roughly in line with the Industrials sector average. Operating margins have expanded from -7.8% to 5.6% over the past 3 years, signaling improving operational efficiency. Return on equity of 35.6% is exceptionally high — well above the sector median of 8.2%. ROIC of 4.7% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.8% | 29.8% | 27.8% | 24.2% | 8.0% | 12.4% | 20.0% | 14.8% | 24.9% | 7.8% | 14.4% |
| Operating Margin | 5.6% | 5.6% | -0.5% | -7.8% | -31.1% | -19.4% | -26.6% | -36.2% | 60.5% | -66.4% | -36.6% |
| Net Profit Margin | 44.7% | 44.7% | 2.7% | -7.6% | -33.1% | -17.7% | -26.0% | -26.8% | 47.6% | -67.7% | -36.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 35.6% | 35.6% | 3.5% | -9.8% | -36.7% | -17.0% | -24.0% | -22.3% | 40.1% | -58.3% | -38.1% |
| ROA | 25.2% | 25.2% | 2.2% | -5.4% | -20.1% | -11.2% | -15.5% | -14.0% | 25.8% | -34.8% | -23.2% |
| ROIC | 4.7% | 4.7% | -0.9% | -14.4% | -36.9% | -25.3% | -33.5% | -63.5% | 233.5% | -90.9% | -49.7% |
| ROCE | 4.1% | 4.1% | -0.6% | -9.3% | -31.2% | -17.0% | -21.9% | -26.6% | 44.8% | -49.9% | -33.9% |
AMSC Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
American Superconductor Corporation carries a Debt/EBITDA ratio of 0.2x, which is very conservative (95% below the sector average of 3.2x). The company holds a net cash position — cash of $144M exceeds total debt of $4M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.01 | 0.01 | 0.02 | 0.02 | 0.04 | 0.03 | 0.03 | 0.05 | — | — | 0.02 |
| Debt / EBITDA | 0.16 | 0.16 | 0.62 | — | — | — | — | — | — | — | — |
| Net Debt / Equity | — | -0.25 | -0.39 | -0.61 | -0.25 | -0.34 | -0.55 | -0.29 | -0.95 | -0.65 | -0.42 |
| Net Debt / EBITDA | -5.54 | -5.54 | -13.94 | — | — | — | — | — | -2.01 | — | — |
| Debt / FCF | — | -7.68 | -2.94 | -72.93 | — | — | — | — | -1.86 | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | -71.91 |
Net cash position: cash ($144M) exceeds total debt ($4M)
AMSC Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
American Superconductor Corporation's current ratio of 2.39x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.65x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.11x to 2.39x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.39 | 2.39 | 2.07 | 2.11 | 1.26 | 1.75 | 2.58 | 2.30 | 3.64 | 2.46 | 1.73 |
| Quick Ratio | 1.65 | 1.65 | 1.36 | 1.58 | 0.82 | 1.31 | 2.26 | 1.84 | 3.22 | 1.73 | 1.19 |
| Cash Ratio | 1.04 | 1.04 | 0.80 | 1.15 | 0.28 | 0.75 | 1.79 | 1.34 | 2.73 | 1.25 | 0.83 |
| Asset Turnover | — | 0.40 | 0.72 | 0.63 | 0.60 | 0.62 | 0.52 | 0.51 | 0.47 | 0.55 | 0.75 |
| Inventory Turnover | 2.03 | 2.03 | 2.26 | 2.64 | 2.64 | 4.01 | 5.24 | 2.87 | 3.48 | 2.26 | 3.69 |
| Days Sales Outstanding | — | 84.65 | 75.66 | 65.98 | 105.61 | 68.26 | 55.58 | 97.12 | 69.76 | 78.16 | 38.62 |
AMSC Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
American Superconductor Corporation does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 7.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.0% | 9.0% | 0.9% | — | — | — | — | — | 10.0% | — | — |
| FCF Yield | 0.9% | 1.2% | 3.8% | 0.3% | — | — | — | — | 15.7% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.2% | 0.0% | 0.5% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.2% | 0.0% | 0.5% |
| Shares Outstanding | — | $44M | $38M | $30M | $28M | $27M | $24M | $21M | $21M | $19M | $14M |
Peer Comparison
Compare AMSC with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 AMSCYou | $2B | 14.2 | 76.2 | 113.4 | 29.8% | 5.6% | 35.6% | 4.7% | 0.2 |
 POWI | $5B | 223.4 | 96.9 | 55.7 | 54.5% | 4.8% | 3.1% | 2.4% | — |
 VICR | $15B | 127.0 | 252.6 | 125.3 | 52.6% | 9.0% | 18.5% | 8.9% | 0.2 |
 ITRN | $1B | 22.4 | 12.5 | 19.5 | 49.7% | 21.4% | 27.9% | 47.2% | 0.0 |
 ERII | $486M | 22.4 | 15.8 | 27.8 | 65.2% | 18.2% | 11.0% | 10.3% | 0.3 |
 MTRX | $393M | -13.2 | — | 3.6 | 5.2% | -4.6% | -19.2% | -479.8% | — |
 GNRC | $16B | 103.8 | 35.9 | 61.1 | 38.3% | 6.9% | 6.2% | 5.9% | 2.8 |
 BWEN | $118M | 21.9 | 21.5 | — | 9.8% | 0.3% | 8.3% | 0.4% | 4.2 |
 ARRY | $1B | -11.0 | 13.3 | 15.4 | 21.2% | 6.6% | -19.0% | 9.0% | 5.8 |
 ENVX | $2B | -9.4 | — | — | -86.8% | -554.8% | -59.9% | -30.2% | — |
 GE | $374B | 43.8 | 38.2 | 51.4 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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AMSC — Frequently Asked Questions
Quick answers to the most common questions about buying AMSC stock.
What is American Superconductor Corporation's P/E ratio?
American Superconductor Corporation's current P/E ratio is 14.2x. The historical average is 53.7x. This places it at the 50th percentile of its historical range.
What is American Superconductor Corporation's EV/EBITDA?
American Superconductor Corporation's current EV/EBITDA is 76.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 27.8x.
What is American Superconductor Corporation's ROE?
American Superconductor Corporation's return on equity (ROE) is 35.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -27.8%.
Is AMSC stock overvalued?
Based on historical data, American Superconductor Corporation is trading at a P/E of 14.2x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are American Superconductor Corporation's profit margins?
American Superconductor Corporation has 29.8% gross margin and 5.6% operating margin.
How much debt does American Superconductor Corporation have?
American Superconductor Corporation's Debt/EBITDA ratio is 0.2x, indicating low leverage. A ratio below 2x is generally considered financially healthy.