AMERICAN SUPERCONDUCTOR CORP /DE/

The business, in plain English

AMERICAN SUPERCONDUCTOR CORP /DE/ booked $299M of revenue in FY2026 in the Industrials sector and kept 30.5% of it as gross profit — a moderate-margin business by that measure. After every other cost, 44.7% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $183M (FY2009) to $299M (FY2026) — about 2.9% a year compounded over 17 years.

It earned 2.8% on invested capital in the latest filed year, FY2026. Across the full 18-year measurable filed record, median ROIC was −38.0%. Over the v3 recent window (10 measurable filed years), median ROIC was −30.8%. The Returns on Capital filter above scores it 4/100.

AMSC's latest filed year, FY2026, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Balance-Sheet Safety is the strongest of the five filters (100/100) and Returns on Capital the weakest (4/100), which is how AMSC lands at 44/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.