PARK OHIO HOLDINGS CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data PARK OHIO HOLDINGS CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	1,277	1,413	1,658	1,618	1,152	1,277	1,493	1,660	1,656	1,599
Cost of revenue	1,076	1,180	1,387	1,358	987	1,099	1,282	1,388	1,375	1,328
Gross profit	201	233	272	260	169	156	211	271	281	271
Selling, general and administrative	134	152	176	177	140	156	162	182	187	190
Operating income	63	83.8	97.3	83.1	18.5	16.3	33.4	84.1	86.6	66.3
Interest expense	28.2	31.5	34.3	33.8	27.6	27.1	33.8	45.1	47.4	47.5
Pre-tax income	41	47.7	71.8	54.9	-1.8	-1.1	10.7	41.5	44.4	23.8
Income tax	8.8	18.2	16.6	15.2	-1.3	-1	-0.7	8.5	4.9	2.8
Income from continuing operations					-0.2	1.1	10.1	34	42.2	24.8
Net income to minority interests	0.5	0.9	1.6	1.1	-0.3	-1.2	1.3	-1	-2.7	-3.8
Net income	31.7	28.6	53.6	38.6	-4.5	-24.8	-14.2	7.8	31.8	23.8
EBITDA	92.5	115	134	117	46.7	47.1	63.6	116	120	99.3
EPS, basic	2.62	2.34	4.37	3.16	-0.37	-2.07	-1.17	0.63	2.46	1.73
EPS, diluted	2.58	2.30	4.28	3.12	-0.37	-2.02	-1.16	0.62	2.40	1.70
Shares, basic (weighted)	12.1	12.2	12.3	12.2	12.1	12	12.1	12.3	12.9	13.8
Shares, diluted (weighted)	12.3	12.5	12.5	12.4	12.1	12.3	12.2	12.5	13.2	14
Dividend per share	0.50	0.50	0.50	0.50	0.25	0.50	0.50	0.50	0.50	0.50

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	64.3	82.8	55.7	56	55	54.1	58.2	54.8	53.1	44.8
Receivables	194	243	264	261	248	224	246	263	250	265
Inventory	241	283	318	327	311	352	407	411	423	421
Other current assets	53.4	16.9	16.4	19.5	35.5	25.2	89.2	95.2	111	122
Total current assets	553	670	721	726	706	776	932	824	836	853
Property, plant and equipment	167	177	219	238	237	179	181	185	183	199
Lease right-of-use assets			0	64.3	68.6	56.4	54.7	44.7	40.3	41.2
Goodwill	86.6	100	103	108	106	106	109	110	112	116
Intangible assets	96.6	99.5	95.3	90.6	86.8	81.7	78.7	73.3	71.9	69.2
Other non-current assets	9.6	11.9	12.8	18.8	16.4	18.1	16.9	28.1	109	118
Total assets	974	1,133	1,209	1,310	1,301	1,360	1,437	1,341	1,365	1,420
Accounts payable	134	174	178	175	167	178	221	204	195	200
Accrued liabilities	77.5	84.7	103	101	50.4	42.8	94.4	108	147	148
Deferred revenue		23	39.5	35.7	37.4	51.7	52.6	53.9	53.1	56.9
Short-term debt	30.8	17.7	17.9	16.8	11.6	6.3	10.9	9.4	8.4	8.3
Total current liabilities	242	276	299	305	307	349	449	364	361	367
Long-term debt	439	516	548	545	518
Lease liabilities			0	53.6	56.7	45.9	43.7	34.4	29.8	30.4
Other non-current liabilities	29.7	30.6	26.1	28.5	24.2	12.2	10.7	10.4	18.8	19.1
Total liabilities	738	845	896	961	943	1,035	1,169	1,051	1,028	1,037
Total debt	475	542	573	569	535	587	655	633	618	621
Paid-in capital	109	118	126	130	136	143	150	156	191	196
Retained earnings	194	216	266	298	291	259	239	240	265	282
Treasury stock	-48.6	-55.2	-67.3	-71.1	-79.8	-85.3	-86.9	-88.9	-91.5	-93.3
Other comprehensive income	-42.7	-17.9	-40.9	-37	-18.1	-19.2	-61.8	-43.7	-51.8	-22
Shareholders' equity	226	276	299	336	344	314	257	280	331	381
Minority interests	10	12	13.6	14	13.7	10.7	11.4	9.5	6.3	1.9
Total equity	236	288	313	350	358	325	268	290	337	383
Total liabilities and equity	974	1,133	1,209	1,310	1,301	1,360	1,437	1,341	1,365	1,420

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	32.2	29.5	55.2	39.7	-4.8	-26	-12.9	6.8	29.1	20
Depreciation and amortization	29.5	31.5	36.3	34.2	28.2	30.8	30.2	31.7	33.6	33
Stock-based compensation	10.6	8.6	8.3	4.1	6.1	6.5	7.2	6.5	5.6	5.5
Deferred income tax	2.8	-4.4	0.6	1.4	6.9	-5.8	-8.3	-7.2	-14.6	-13.9
Change in receivables	13.7	-25.1	-11.9	6.5	14	-3.4	-23.2	-14.1	12.1	-4.9
Change in inventory	8.6	-19	-29.4	-7.2	14.7	-55.1	-56	-1.3	-14.8	2.8
Change in payables	-8.8	23.8	15.5	-14.1	-4.1	36.6	33.1	3.3	-2.7	-1.4
Cash from operations	72.9	46.7	54.8	63.7	69.3	-43.3	-26.6	53.4	35	42.3
Capital expenditures	-28.5	-27.9	-45.1	-40.1	-20.3	-22.3	-26.9	-28.2	-31.4	-40.3
Acquisitions	-23.4	-39.7	-46.9	-8.1	0	-5.4	-23.3	-1.2	-11	0
Cash from investing	-51.9	-67.6	-89.2	-48.2	-24.9	-16.2	-40.7	-11.9	-30.9	-40.3
Debt issued	0	350	0	0	0	0	20	0	0
Debt repaid	-4.5	-31.3	-15.5	-10.3	-13	-6.3	-3.6	-7.2	-7.5	-2.1
Stock issued	0.5	0.7					0	0	30.4	0
Share buybacks	-0.1	-4.2	-9	-0.9	-7.5	-2.5	0	0
Dividends paid	-6.2	-6.9	-6.4	-7	-3.2	-7	-7	-7.4	-7.2	-7.8
Cash from financing	-17.2	33.7	9.4	-15.3	-47.3	59.9	84.6	-36.6	1.6	-11.1
Exchange rate effect	-1.5	5.7	-2.1	0.1	1.9	-1.3	-4	0.9	-2.2	1.8
Net change in cash	2.3	18.5	-27.1	0.3	-1	-0.9	4.1	-3.4	-1.7	-8.3
Free cash flow	44.4	18.8	9.7	23.6	49	-65.6	-53.5	25.2	3.6	2
Interest paid	25.9	29.9	33	31.5	28.3	28.8	34.5	47.6	47	40.3
Income taxes paid	8.7	11.3	21	12.3	5.5	-1	10.7	7.3	14.5	24.3

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $46.60 on November 10, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	17.6%	Gross profit / revenue.
Operating margin	4.7%	Operating income / revenue.
EBITDA margin	6.6%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	2.3%	Pre-tax income / revenue.
Net margin	2.0%	Net income / revenue.
FCF margin	1.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	3.8%	Cash from operations / revenue.
Effective tax rate	16.8%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	8.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	2.3%	Net income / average total assets.
Return on invested capital (ROIC)	6.7%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	12.1%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.3%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	2.6%	Capital expenditures / revenue.
D&A / revenue	1.9%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	-3.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	2.3%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	6.8%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	-3.6%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	8.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	10.0%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-23.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	25.7%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	29.1%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-17.4%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	16.0%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	16.3%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-25.2%	Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y	-29.2%	EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y	20.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 5y	-9.4%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-44.4%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 5y	-47.3%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	0.0%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	14.9%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	15.1%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	14.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	2.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	4.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-0.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	5.5%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	4.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	3.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	2.44x	Current assets / current liabilities.
Quick ratio	0.94x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.16x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.64x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	43.9%	Total debt / total assets.
Liabilities / assets	73.3%	Total liabilities / total assets.
Net debt	$601.5M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	5.30x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage	1.63x	Operating income / interest expense.
Working capital	$539.0M	Current assets - current liabilities.
Goodwill and intangibles / assets	7.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$286.7M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.14x	Revenue / average total assets.
Fixed asset turnover	8.25x	Revenue / average property, plant and equipment.
Inventory turnover	3.33x	Cost of revenue / average inventory.
Days inventory	109 days	365 x average inventory / cost of revenue.
Receivables turnover	5.87x	Revenue / average receivables.
Days sales outstanding	62 days	365 x average receivables / revenue.
Days payables	56 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	116 days	Days inventory + days sales outstanding - days payables.
FCF conversion	60.2%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	68.0%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$2.44	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$119.90	Revenue / diluted weighted shares.
FCF per share	$1.47	Free cash flow / diluted weighted shares.
Operating cash flow per share	$4.59	Cash from operations / diluted weighted shares.
Book value per share	$28.08	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$20.05	Tangible book value / shares outstanding.
Cash per share	$4.12	(Cash + short-term investments) / shares outstanding.
Payout ratio	20.6%	Dividends paid / net income, when net income is positive.
Dividends / FCF	34.3%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$675.2M	Share price x shares outstanding.
Enterprise value	$1.28B	Market cap + total debt - cash - short-term investments.
P/E	19.3x	Market cap / net income. Only when net income is positive.
P/S	0.39x	Market cap / revenue.
P/B	1.68x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	2.36x	Market cap / tangible book value, when positive.
P/FCF	32.2x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	10.3x	Market cap / cash from operations, when positive.
EV/Sales	0.74x	Enterprise value / revenue.
EV/EBIT	15.8x	Enterprise value / operating income, when both are positive.
EV/EBITDA	11.3x	Enterprise value / EBITDA, when both are positive.
EV/FCF	60.8x	Enterprise value / free cash flow, when both are positive.
FCF yield	3.1%	Free cash flow / market cap.
Earnings yield	5.2%	Net income / market cap (the inverse of P/E).
Dividend yield	1.1%	Dividends paid over the period / market cap.
Shareholder yield	1.1%	(Dividends paid + share buybacks) / market cap.

What was PARK OHIO HOLDINGS CORP's revenue in fiscal 2025?

PARK OHIO HOLDINGS CORP reported revenue of $1.60B for fiscal 2025, 3.4% lower than the year before.

Was PARK OHIO HOLDINGS CORP profitable in fiscal 2025?

Yes. Net income was $23.8M, a net margin of 1.5%.

How much free cash flow did PARK OHIO HOLDINGS CORP generate in fiscal 2025?

Cash from operations of $42.3M minus capital expenditures of $40.3M left free cash flow of $2.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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