AMPH

Amphastar Pharmaceuticals, Inc. Health Care Pharmaceutical Preparations Russell 3000
$27.72Close $1.3BMarket cap $16.87 – $29.4052-week range Nov 5, 2026Next report · after the close

Highlights

Strengths

  • Leading the market RS 80 · stronger than 80% of stocks over 12 months
  • Tight base near its pivot pullbacks 10% → 9%; 2.3% above its $27.10 pivot

Cautions

  • Trend not confirmed 6 of 8 conditions · 150-day under the 200-day, 200-day not rising
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 6%
1wk up 10.3% price change
1mo up 7.4% price change
12-month return up 12% market up 11% · its own up 4%
F-score 6 / 9 Mixed
Altman Z 2.55 Moderate risk
P/E 12.9× price / earnings
PEG — P/E / EPS growth
P/B 1.6× price / book
Earnings yield up 8.2% EBIT / enterprise value
Cheaper than 84% of the market · markedly cheap
Revenue growth down 2% year on year
EPS growth up 6% latest quarter · +79 pts
Sales growth up 5% latest quarter · +5 pts
ROE up 13% return on equity
Free cash margin up 17% $121.2M FCF
D/E 0.79 long-term debt / equity
Net debt / EBITDA 3.2×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • gross margin narrowed
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • short-term liquidity improved
  • no new shares issued

Trade setup

ATR% 3.1% $0.85 a day · 2×ATR $26.02
RS 80 / 99 vs the universe
Trend 6 / 8 150-day under the 200-day, 200-day not rising
Relative volume 1.5× vs 50-day average
Up/down volume 1.30 50 sessions
Implied move — no option chain · report Nov 5, 2026
Contractions 2 10% → 9%
Pivot $27.10 2.3% above
Volume dry-up 0.8× 10 vs 50 sessions
Trend template · 6 of 8
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Gross margin narrowing Gross margin fell from 51.1% to 49.5%. The company is keeping less of each dollar of sales than it did a year ago.
  • Revenue shrinking Revenue fell 1.7% over the year, from $732.0M to $719.9M.
Last reported Aug 6, 2026
Results reaction Aug 6, 2026+2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $719.9M -2% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $349.8M FY2021 · $437.8M FY2022 · $499.0M FY2023 · $644.4M FY2024 · $732.0M FY2025 · $719.9M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $98.1M -39% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.4M FY2021 · $62.1M FY2022 · $91.4M FY2023 · $137.5M FY2024 · $159.5M FY2025 · $98.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $121.2M -30% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $23.4M FY2021 · $70.5M FY2022 · $65.1M FY2023 · $145.3M FY2024 · $172.3M FY2025 · $121.2M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 49%
  • Net 14%
  • Free cash 17%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 41% · Net 0% · Free cash 7% FY2021 · Gross 46% · Net 14% · Free cash 16% FY2022 · Gross 50% · Net 18% · Free cash 13% FY2023 · Gross 54% · Net 21% · Free cash 23% FY2024 · Gross 51% · Net 22% · Free cash 24% FY2025 · Gross 49% · Net 14% · Free cash 17%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $449.5M net debt
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $92.6M · Long-term debt $45.9M FY2021 · Cash $126.4M · Long-term debt $78.2M FY2022 · Cash $156.1M · Long-term debt $76.6M FY2023 · Cash $144.3M · Long-term debt $603.2M FY2024 · Cash $151.6M · Long-term debt $613.5M FY2025 · Cash $170.2M · Long-term debt $619.7M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 45.65m -3.9% since FY2020
48.11m 45.65m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 47.50m FY2021 · 47.71m FY2022 · 48.11m FY2023 · 48.07m FY2024 · 47.62m FY2025 · 45.65m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $349.8M $437.8M $499.0M $644.4M $732.0M $719.9M
Gross margin 41% 46% 50% 54% 51% 49%
Operating income $11.0M $69.9M $107.5M $197.0M $205.4M $140.4M
Net income $1.4M $62.1M $91.4M $137.5M $159.5M $98.1M
Net margin 0% 14% 18% 21% 22% 14%
Earnings per share $0.03 $1.25 $1.74 $2.60 $3.06 $2.03
Free cash flow $23.4M $70.5M $65.1M $145.3M $172.3M $121.2M
Free cash margin 7% 16% 13% 23% 24% 17%
Cash $92.6M $126.4M $156.1M $144.3M $151.6M $170.2M
Long-term debt $45.9M $78.2M $76.6M $603.2M $613.5M $619.7M
Shareholders' equity $402.3M $445.5M $528.7M $639.4M $732.3M $788.8M
Shares outstanding 47.50m 47.71m 48.11m 48.07m 47.62m 45.65m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Mar 3, 2025 Annual ↗ Dec 31, 2024 62d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 9, 2024 Quarterly ↗ Jun 30, 2024 40d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Feb 29, 2024 Annual ↗ Dec 31, 2023 60d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports