APTNYSEOrthopedic, Prosthetic & Surgical Appliances & SuppliesFiscal year ends December 31
ALPHA PRO TECH LTD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$5.55+0.00 (0.00%)
Close on Oct 19, 2026
- Market cap
- $57.43M
- P/E (TTM)
- 13.5
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
38.1%−11.0 pts over 5 years
Operating margin
6.5%−24.3 pts over 5 years
Net margin
6.0%−20.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.3% | -1.6% | -10.5% | +2.8% | |
| Gross profit | -1.7% | +1.3% | -14.9% | +3.5% | |
| Operating income | +11.3% | -6.2% | -34.4% | +10.0% | |
| Net income | -10.1% | +2.5% | -33.4% | +13.0% | |
| EPS, diluted | -5.7% | +8.3% | -29.7% | +18.6% | |
| Free cash flow | -8.5% | -23.0% | -36.8% | -11.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.2% | 58.6% | 5.7% | |
| Return on assets | 8.4% | 50.4% | 4.8% | |
| Current ratio | 12.03 | 9.43 | 12.94 | |
| Inventory turnover | 2.1× | 3.7× | 1.6× | |
| Capex to revenue | 0.6% | 1.1% | 1.1% | |
| Diluted shares | 17M | 14M | 11M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Alpha Pro Tech generated $21.28M from operations and spent $28.34M on capital expenditure, dividends and share buybacks. 29% of that went back into the business.
Generated
$21.28M
Used
$28.34M
Capital expenditure$8.25M29%Dividends$00%Share buybacks$20.09M71%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.0%
×Asset turnover0.80×
×Equity multiplier1.19×
=Return on equity, FY20255.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.0% | 0.80× | 1.19× | 5.7% |
| FY2024 | 6.8% | 0.81× | 1.15× | 6.3% |
| FY2023 | 6.8% | 0.92× | 1.09× | 6.8% |
| FY2022 | 5.3% | 0.94× | 1.08× | 5.4% |
| FY2021 | 9.8% | 1.01× | 1.13× | 11.2% |
| FY2020 | 26.2% | 1.92× | 1.16× | 58.6% |
| FY2019 | 6.4% | 1.29× | 1.11× | 9.2% |
| FY2018 | 7.8% | 1.36× | 1.08× | 11.4% |
| FY2017 | 6.0% | 1.26× | 1.09× | 8.2% |
| FY2016 | 6.9% | 1.23× | 1.09× | 9.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$3.53M
- Cash generatingOperating cash flow above zero$2.37M
- Return on assets improvedROA up on the prior year5.7% → 4.8%
- Earnings backed by cashOperating cash flow above net income$2.37M vs $3.53M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose16.21 → 12.94
- No dilutionShare count did not rise11M → 11M
- Gross margin improvedGross margin up on the prior year39.65% → 38.11%
- More efficientAsset turnover rose0.84 → 0.80