# American Superconductor share price today (American Superconductor Corporation, AMSC)

> American Superconductor Corporation's earnings have grown faster than its share price. Earnings per share grew +1,806.2% in a year while the price moved −32.4%. AMSC · Industrials · Specialty Industrial Machinery · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/amsc

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## Key numbers

- Price: $26.26 (−32.4% in a year)
- P/E: 9.0× (lower than 96% of the last 1 year)
- Revenue (Jun 2026): $94.1 M (+30.0% on a year ago)
- Profit (Jun 2026): $9.5 M (+41.1% on a year ago)
- Operating margin: 2.6% (−5.2 points on a year ago)
- ROE: 24%, FY26
- ROIC: 3.5%, against a 22.1% cost of capital: −18.6 points
- Profit that came in as cash: 37%, last 2 years

The main question: profits are rising, but only 37% of the last 2 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the American Superconductor share price today? American Superconductor Corporation's share price was $26.26 at the close on 4 November 2026. It has been falling for 14 weeks. That is 25.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between $25 and $55, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 18 weeks running. Over the last 10 years the share price moved +201% while the S&P 500 moved +261%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 2 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does American Superconductor pay? American Superconductor Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is American Superconductor on? American Superconductor is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is American Superconductor profitable? American Superconductor Corporation earned $9.5 M of net profit in the Jun 2026 quarter, +41.1% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was $134 M. That is 10.1% of the quarter's revenue. The same quarter a year earlier earned $6.7 M. 4 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was $134 M (+2,118.0% on the year before). Why profit moved: revenue changed +30.0% on a year earlier and the margin moved −5.2 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +1,248.3% and revenue +25.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does American Superconductor make, and is it growing? American Superconductor Corporation reported $94.1 M of revenue in the Jun 2026 quarter, +30.0% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 28.9% a year on average. The last full year, FY26, came in at $299 M. The last four reported quarters add to $321 M. FY26 revenue was $299 M, +34.3% on the year before. Recent pace: the last four quarters grew +25.5% on average, against 28.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +25.9%, against +43.6% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does American Superconductor keep? American Superconductor Corporation's operating margin was 2.6% in the Jun 2026 quarter, 5.2 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −30.1% and 5.9%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.2 percentage points on the year while gross margin changed −6.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is American Superconductor's profit turning into cash? Over the last 2 years, 37% of American Superconductor Corporation's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in $23.1 M of operating cash against $134 M of profit. After $4.9 M of spending on assets, $18.3 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does American Superconductor's cash go? American Superconductor Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $8.2 M on assets over the last 3 years. Averaged over those years that is 0.9% of FY26 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $8.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is American Superconductor's P/E ratio, and how does it compare with its own history? American Superconductor Corporation's P/E is 9.0×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 84.0×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +1,806.2% while the price moved −32.4%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the American Superconductor business getting better or worse? American Superconductor Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does American Superconductor earn on its capital? American Superconductor Corporation earned a ROE of 24% in FY26. That is up from a low of −43% in FY23. Its return on capital used (ROIC) is 18.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 44.7% net margin and 0.40× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 44.7% net margin × 0.40× asset turnover × 1.33× leverage (assets divided by equity) ≈ 23.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.5% − 22.1% = −18.6 percentage points. The 22.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 6.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does American Superconductor have too much debt? American Superconductor Corporation has total debt of $3.9 M against shareholder equity of $572 M as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.03 in FY22 to 0.01 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the American Superconductor shareholding pattern? 8.7% of American Superconductor Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 5.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is American Superconductor from balance-sheet trouble? For American Superconductor Corporation, the Z-score is 5.31. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 5.31 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does American Superconductor rank in its industry? There is no score against its industry: American Superconductor Corporation is not among the largest members shown in this industry comparison for Specialty Industrial Machinery. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is American Superconductor compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to American Superconductor in size? American Superconductor is the 43rd largest of 57 Specialty Industrial Machinery companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Enerpac Tool Group Corp., The Gorman-Rupp Company and ATS Corporation. Just below it: Tennant Company, Power Solutions International, Inc. and Graham Corporation. ### Specialty Industrial Machinery companies close in size

1. [Enerpac Tool Group Corp.](https://www.sectoralpha.in/us/stocks/epac) $2.2 billion
2. [The Gorman-Rupp Company](https://www.sectoralpha.in/us/stocks/grc) $2 billion
3. [ATS Corporation](https://www.sectoralpha.in/us/stocks/ats) $1.7 billion
4. American Superconductor Corporation $1.3 billion
5. [Tennant Company](https://www.sectoralpha.in/us/stocks/tnc) $1.2 billion
6. [Power Solutions International, Inc.](https://www.sectoralpha.in/us/stocks/psix) $915 million
7. [Graham Corporation](https://www.sectoralpha.in/us/stocks/ghm) $816 million

[All 57 Specialty Industrial Machinery companies, largest first](https://www.sectoralpha.in/us/sectors/specialty-industrial-machinery#all-companies)

### Companies close in size in other industries

1. [Alexander's, Inc.](https://www.sectoralpha.in/us/stocks/alx) $1.3 billion · REIT - Retail
2. [Forestar Group Inc.](https://www.sectoralpha.in/us/stocks/for) $1.3 billion · Real Estate - Development
3. American Superconductor Corporation $1.3 billion
4. [GoodRx Holdings, Inc.](https://www.sectoralpha.in/us/stocks/gdrx) $1.3 billion · Health Information Services
5. [United Fire Group, Inc.](https://www.sectoralpha.in/us/stocks/ufcs) $1.3 billion · Insurance - Property & Casualty

## What else do people ask about American Superconductor? ### What were American Superconductor's latest quarterly results? American Superconductor Corporation reported revenue of $94.1 M and net profit of $9.5 M for the Jun 2026 quarter. Revenue rose 30.0% and profit rose 41.1% compared with a year earlier. Earnings per share were $0.20. The operating margin was 2.6%, 5.2 percentage points lower than a year earlier (as of 4 November 2026). ### What is American Superconductor's market cap? American Superconductor Corporation's market capitalisation is $1.3 B at a stock price of $26.26. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is American Superconductor performing? American Superconductor Corporation's share price has been falling for 14 weeks. In its latest quarter, revenue rose 30.0% and profit rose 41.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 18 weeks running (as of 4 November 2026). ### Will American Superconductor's stock price go up? This page does not forecast American Superconductor Corporation's stock price. What it shows instead: the stock price is $26.26, and it has been falling for 14 weeks. Its P/E of 9.0× is higher than 4% of its own last 2 years (as of 4 November 2026). ### Where is American Superconductor in its business cycle? American Superconductor Corporation's FY26 operating margin was 5.9%, against a 5-year range of −30.1% to 5.9%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 2.6%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the American Superconductor story? The main question: profits are rising, but only 37% of the last 2 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is American Superconductor a stock worth studying right now? What the numbers show: American Superconductor Corporation's earnings have grown faster than its share price. Earnings per share grew +1,806.2% in a year while the price moved −32.4%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). This is research, not advice. We’re not SEBI-registered.