Valuation, from the filing
| Public float | $2.58B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-09-30 |
|---|---|---|
| Float per share | $54.12 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 19.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 8.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 4.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-09-30, not today, and each multiple below it uses the figures for the fiscal year ending 2026-03-31 — the year that filing covered.
Valuation over time
19.3× earnings today, against a median of 19.3× across 3 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-09-30 | $2.58B | 19.3× | |
| 2024-09-30 | $888.10M | 147.2× | |
| 2018-09-28 | $143.30M | 5.4× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) reported revenue of $320.87M and net income of $136.58M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from AMERICAN SUPERCONDUCTOR CORP /DE/’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Motors & Generators.
Income
| Metric | 2026-06-30 |
|---|---|
| Revenue | $320.87M |
| Cost of revenue | $229.25M |
| Gross profit | $91.62M |
| Operating income | $15.63M |
| Net income | $136.58M |
| Research & development | $15.36M |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $20.58M |
| Income tax expense | -$116.00M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | $62.06M |
| General & administrative | Unavailable |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $143.71M |
| Total assets | $762.22M |
| Current assets | $342.51M |
| Total liabilities | $189.74M |
| Current liabilities | $140.88M |
| Total equity incl. NCI | $572.47M |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $98.02M |
| Accounts receivable | $80.74M |
| Goodwill | $176.68M |
| Long-term debt | Unavailable |
| Accounts payable | $18.20M |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $35.04M |
| Capital expenditures | $14.51M |
| Investing cash flow | -$86.84M |
| Financing cash flow | -$8.50M |
| Net change in cash | -$60.31M |
| Stock-based compensation | $16.61M |
| Common dividends paid | Unavailable |
| Common share repurchases | Unavailable |
| Depreciation & amortization | $7.75M |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | $20.52M |
| Gross margin | 28.6% |
| Operating margin | 4.9% |
| FCF margin | 6.4% |
| SBC / revenue | 5.2% |
| Current ratio | 2.43x |
| Revenue YoY growth | 25.9% |
| Net margin | 42.6% |
| R&D / revenue | 4.8% |
| CapEx / revenue | 4.5% |
| Long-term debt / equity | Unavailable |
| Effective tax rate | -563.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AMSC in the interactive workspace to inspect any figure back to its filing.
Source filings
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.