Park-Ohio (PKOH) Financials

$18.01 -0.11 (-0.60%)

As of 10:59 AM Eastern

Annual Income Statements for Park-Ohio

This table shows Park-Ohio's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	32	7.80	-14
Consolidated Net Income / (Loss)	29	6.80	-13
Net Income / (Loss) Continuing Operations	40	33	11
Total Pre-Tax Income	44	42	11
Total Operating Income	87	84	33
Total Gross Profit	281	271	211
Total Revenue	1,656	1,660	1,493
Operating Revenue	1,656	1,660	1,493
Total Cost of Revenue	1,375	1,388	1,282
Operating Cost of Revenue	1,375	1,388	1,282
Total Operating Expenses	195	187	177
Selling, General & Admin Expense	192	182	162
Restructuring Charge	4.90	6.60	17
Other Special Charges / (Income)	-2.50	-0.80	-2.40
Total Other Income / (Expense), net	-42	-43	-23
Interest Expense	47	45	34
Interest & Investment Income	5.20	-	11
Income Tax Expense	4.90	8.50	-0.70
Net Income / (Loss) Discontinued Operations	-10	-26	-24
Net Income / (Loss) Attributable to Noncontrolling Interest	-2.70	-1.00	1.30
Basic Earnings per Share	$2.46	$0.63	($1.17)
Weighted Average Basic Shares Outstanding	12.90M	12.30M	12.09M
Diluted Earnings per Share	$2.40	$0.62	($1.16)
Weighted Average Diluted Shares Outstanding	13.24M	12.51M	12.19M
Weighted Average Basic & Diluted Shares Outstanding	14.23M	13.07M	12.81M
Cash Dividends to Common per Share	$0.50	$0.50	$0.50

This table shows Park-Ohio's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	0.50	9.80	12	9.60	-15	11	5.40	5.80	-24	2.70
Consolidated Net Income / (Loss)	-0.30	9.30	11	9.10	-15	11	4.90	5.90	-24	3.10
Net Income / (Loss) Continuing Operations	4.80	13	11	10	-5.90	25	6.60	7.60	-6.90	7.50
Total Pre-Tax Income	4.40	13	14	13	6.60	16	8.70	10	-4.70	5.30
Total Operating Income	14	24	25	24	18	27	19	20	2.60	12
Total Gross Profit	65	72	73	71	64	70	70	67	56	52
Total Revenue	388	418	433	418	389	419	428	424	382	384
Operating Revenue	388	418	433	418	389	419	428	424	382	384
Total Cost of Revenue	324	345	359	346	325	349	358	356	326	331
Operating Cost of Revenue	324	345	359	346	325	349	358	356	326	331
Total Operating Expenses	50	49	49	47	46	43	51	47	53	41
Selling, General & Admin Expense	50	48	47	47	46	43	47	45	45	37
Restructuring Charge	2.50	0.90	1.20	0.30	-	-	4.10	2.50	7.40	4.30
Other Special Charges / (Income)	-2.50	0.00	0.00	0.00	-	0.00	0.00	-0.80	0.50	0.00
Total Other Income / (Expense), net	-10	-11	-11	-11	-11	-11	-11	-10	-7.30	-6.30
Interest Expense	11	12	12	12	12	12	11	11	10	9.00
Income Tax Expense	-0.40	-0.60	2.60	3.30	-	3.80	2.10	2.60	2.20	-2.20
Net Income / (Loss) Discontinued Operations	-5.10	-3.90	-0.40	-1.00	-21	-1.40	-1.70	-1.70	-17	-4.40
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.80	-0.50	-0.90	-0.50	-0.30	-0.30	-0.50	0.10	0.20	0.40
Basic Earnings per Share	($0.01)	$0.75	$0.95	$0.77	($1.18)	$0.90	$0.44	$0.47	($1.98)	$0.22
Weighted Average Basic Shares Outstanding	12.90M	14.04M	13.18M	13.07M	12.30M	13.09M	13.07M	12.81M	12.09M	12.82M
Weighted Average Diluted Shares Outstanding	13.24M	14.04M	13.18M	13.07M	12.51M	13.09M	13.07M	12.81M	12.19M	12.82M
Weighted Average Basic & Diluted Shares Outstanding	14.23M	14.04M	13.18M	13.07M	13.07M	13.09M	13.07M	12.81M	12.81M	12.82M

This table details how cash moves in and out of Park-Ohio's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	-1.70	-3.40	4.10
Net Cash From Operating Activities	35	53	-27
Net Cash From Continuing Operating Activities	35	53	-27
Net Income / (Loss) Continuing Operations	40	33	11
Depreciation Expense	34	32	30
Non-Cash Adjustments To Reconcile Net Income	3.10	5.70	4.80
Changes in Operating Assets and Liabilities, net	-41	-17	-73
Net Cash From Investing Activities	-31	-12	-41
Net Cash From Continuing Investing Activities	-31	-12	-41
Purchase of Property, Plant & Equipment	-31	-28	-27
Acquisitions	-11	-1.20	-23
Sale of Property, Plant & Equipment	12	2.00	9.50
Divestitures	0.00	16	0.00
Net Cash From Financing Activities	1.60	-37	85
Net Cash From Continuing Financing Activities	1.60	-37	85
Repayment of Debt	-23	-30	81
Payment of Dividends	-7.20	-7.40	-7.00
Issuance of Debt	6.50	4.30	12
Issuance of Common Equity	30	0.00	0.00
Other Financing Activities, net	-5.60	-4.00	-1.60
Effect of Exchange Rate Changes	-2.20	0.90	-4.00
Other Net Changes in Cash	-5.20	-9.20	-9.20
Cash Interest Paid	47	48	35
Cash Income Taxes Paid	15	7.30	11

This table details how cash moves in and out of Park-Ohio's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-6.40	-0.40	-1.70	6.80	3.60	-2.20	3.80	-8.60	4.50	-7.40
Net Cash From Operating Activities	26	9.00	-2.70	2.30	29	23	0.70	0.20	0.40	8.00
Net Cash From Continuing Operating Activities	26	9.00	-2.70	2.30	29	23	0.70	0.20	0.40	8.00
Net Income / (Loss) Continuing Operations	4.80	13	11	10	6.60	12	6.60	7.60	-6.90	7.50
Depreciation Expense	8.40	8.50	8.30	8.40	8.30	7.90	7.80	7.70	7.50	7.60
Non-Cash Adjustments To Reconcile Net Income	-1.00	1.40	1.20	1.50	1.60	1.60	1.70	0.80	2.30	2.00
Changes in Operating Assets and Liabilities, net	14	-14	-24	-18	13	1.70	-15	-16	-2.50	-9.10
Net Cash From Investing Activities	2.40	-9.10	-7.40	-17	8.10	-7.00	-7.90	-5.10	-2.80	-29
Net Cash From Continuing Investing Activities	2.40	-9.10	-7.40	-17	8.10	-7.00	-7.90	-5.10	-2.80	-29
Purchase of Property, Plant & Equipment	-9.10	-9.10	-7.40	-5.80	-7.40	-7.40	-7.40	-6.00	-6.90	-7.30
Sale of Property, Plant & Equipment	12	-	-	0.00	-	0.60	-	1.40	5.50	-
Net Cash From Financing Activities	-32	-2.20	9.50	26	-33	-16	7.60	4.50	3.60	19
Net Cash From Continuing Financing Activities	-32	-2.20	9.50	26	-33	-16	7.60	4.50	3.60	19
Repayment of Debt	-37	-21	14	21	-30	-13	11	2.50	-5.70	20
Payment of Dividends	-1.80	-2.10	-1.70	-1.60	-2.50	-1.70	-1.60	-1.60	-1.70	-2.10
Issuance of Debt	0.70	-2.70	1.40	7.10	-0.80	0.90	1.00	3.20	9.30	1.40
Issuance of Common Equity	5.70	-	-	-	-	-	-	-	-	-
Other Financing Activities, net	0.70	-1.30	-4.10	-0.90	-0.30	-1.40	-2.70	0.40	1.70	-0.90
Effect of Exchange Rate Changes	-2.60	1.90	-0.60	-0.90	1.40	-0.80	-0.10	0.40	1.90	-2.00
Other Net Changes in Cash	-1.10	-	-0.50	-3.60	-1.90	-2.20	3.50	-8.60	1.40	-2.90
Cash Interest Paid	17	6.60	18	5.50	18	7.00	17	5.20	16	3.10
Cash Income Taxes Paid	6.00	2.80	3.70	2.00	0.20	2.70	1.20	3.20	8.90	-0.90

This table presents Park-Ohio's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	1,365	1,341	1,437
Total Current Assets	836	824	932
Cash & Equivalents	53	55	58
Accounts Receivable	250	263	246
Inventories, net	423	411	407
Other Current Assets	111	95	89
Plant, Property, & Equipment, net	0.00	0.00	0.00
Total Noncurrent Assets	529	516	504
Goodwill	112	110	109
Intangible Assets	72	73	79
Employee Benefit Assets	85	75	64
Other Noncurrent Operating Assets	260	258	253
Total Liabilities & Shareholders' Equity	1,365	1,341	1,437
Total Liabilities	1,028	1,051	1,169
Total Current Liabilities	361	364	449
Short-Term Debt	8.40	9.40	11
Accounts Payable	195	204	221
Accrued Expenses	112	108	94
Current Employee Benefit Liabilities	36	32	22
Other Current Liabilities	11	11	56
Total Noncurrent Liabilities	667	687	720
Long-Term Debt	618	633	655
Noncurrent Deferred & Payable Income Tax Liabilities	12	9.00	11
Other Noncurrent Operating Liabilities	37	45	54
Total Equity & Noncontrolling Interests	337	290	268
Total Preferred & Common Equity	331	280	257
Preferred Stock	0.00	0.00	0.00
Total Common Equity	331	280	257
Common Stock	209	173	166
Retained Earnings	265	240	239
Treasury Stock	-92	-89	-87
Accumulated Other Comprehensive Income / (Loss)	-52	-44	-62
Noncontrolling Interest	6.30	9.50	11

This table presents Park-Ohio's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,407	1,381	1,403	1,457	1,452	1,447	1,431
Total Current Assets	886	864	884	965	952	946	853
Cash & Equivalents	60	60	62	51	53	50	54
Accounts Receivable	277	276	284	266	257	257	286
Inventories, net	431	428	429	404	406	410	433
Other Current Assets	119	101	110	141	127	121	80
Plant, Property, & Equipment, net	188	0.00	184	183	0.00	0.00	227
Total Noncurrent Assets	333	517	335	309	500	502	352
Goodwill	116	114	114	109	110	110	106
Intangible Assets	74	75	76	74	76	78	76
Other Noncurrent Operating Assets	143	328	144	126	314	314	169
Total Liabilities & Shareholders' Equity	1,407	1,381	1,403	1,457	1,452	1,447	1,431
Total Liabilities	1,064	1,079	1,105	1,169	1,166	1,169	1,132
Total Current Liabilities	361	357	394	451	433	445	369
Short-Term Debt	10	13	12	12	13	13	11
Accounts Payable	202	195	199	202	207	221	225
Accrued Expenses	137	138	170	192	160	164	119
Other Current Liabilities	12	12	12	11	11	11	14
Total Noncurrent Liabilities	702	722	712	718	734	723	763
Long-Term Debt	651	670	657	659	673	661	674
Other Noncurrent Operating Liabilities	51	51	54	59	60	62	89
Total Equity & Noncontrolling Interests	343	302	298	287	286	279	300
Total Preferred & Common Equity	336	294	289	277	275	0.00	288
Total Common Equity	336	294	289	277	275	0.00	288
Common Stock	336	294	289	277	275	-	288
Noncontrolling Interest	7.10	8.10	9.00	11	11	279	11

This table displays calculated financial ratios and metrics derived from Park-Ohio's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	-0.21%	11.17%	16.91%
EBITDA Growth	1.61%	86.01%	35.03%
EBIT Growth	0.00%	159.28%	104.91%
NOPAT Growth	15.20%	87.93%	211.88%
Net Income Growth	327.94%	152.71%	50.38%
EPS Growth	287.10%	153.45%	42.57%
Operating Cash Flow Growth	-34.46%	300.75%	-118.03%
Free Cash Flow Firm Growth	3,370.84%	-82.74%	-87.61%
Invested Capital Growth	3.74%	8.08%	3.60%
Revenue Q/Q Growth	-0.05%	0.47%	13.08%
EBITDA Q/Q Growth	-2.59%	18.42%	-6.19%
EBIT Q/Q Growth	-3.67%	25.51%	-22.69%
NOPAT Q/Q Growth	-3.30%	50.10%	-18.27%
Net Income Q/Q Growth	99.32%	409.09%	-69.74%
EPS Q/Q Growth	93.55%	444.44%	-84.13%
Operating Cash Flow Q/Q Growth	-7.16%	116.19%	-100.00%
Free Cash Flow Firm Q/Q Growth	271.32%	-99.06%	189.39%
Invested Capital Q/Q Growth	-3.61%	4.60%	-12.74%
Profitability Metrics	-	-	-
Gross Margin	16.99%	16.35%	14.10%
EBITDA Margin	7.26%	7.13%	4.26%
Operating Margin	5.23%	5.07%	2.24%
EBIT Margin	5.23%	5.22%	2.24%
Profit (Net Income) Margin	1.76%	0.41%	-0.86%
Tax Burden Percent	65.54%	16.39%	-120.56%
Interest Burden Percent	51.27%	47.92%	32.04%
Effective Tax Rate	11.04%	20.48%	-6.54%
Return on Invested Capital (ROIC)	8.61%	7.91%	4.46%
ROIC Less NNEP Spread (ROIC-NNEP)	0.36%	-2.70%	-5.20%
Return on Net Nonoperating Assets (RNNOA)	0.67%	-5.48%	-8.81%
Return on Equity (ROE)	9.28%	2.44%	-4.35%
Cash Return on Invested Capital (CROIC)	4.95%	0.15%	0.93%
Operating Return on Assets (OROA)	6.40%	6.24%	2.39%
Return on Assets (ROA)	2.15%	0.49%	-0.92%
Return on Common Equity (ROCE)	9.05%	2.35%	-4.19%
Return on Equity Simple (ROE_SIMPLE)	8.80%	2.43%	-5.03%
Net Operating Profit after Tax (NOPAT)	77	67	36
NOPAT Margin	4.65%	4.03%	2.38%
Net Nonoperating Expense Percent (NNEP)	8.25%	10.61%	9.66%
Return On Investment Capital (ROIC_SIMPLE)	7.99%	7.17%	3.81%
Cost of Revenue to Revenue	83.01%	83.65%	85.90%
SG&A Expenses to Revenue	11.62%	10.94%	10.86%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.76%	11.29%	11.86%
Earnings before Interest and Taxes (EBIT)	87	87	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	120	118	64
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.11	1.23	0.58
Price to Tangible Book Value (P/TBV)	2.49	3.56	2.16
Price to Revenue (P/Rev)	0.22	0.21	0.10
Price to Earnings (P/E)	11.54	44.21	0.00
Dividend Yield	1.91%	1.90%	4.31%
Earnings Yield	8.66%	2.26%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.04	1.07	0.95
Enterprise Value to Revenue (EV/Rev)	0.57	0.57	0.51
Enterprise Value to EBITDA (EV/EBITDA)	7.88	7.97	12.08
Enterprise Value to EBIT (EV/EBIT)	10.94	10.88	22.99
Enterprise Value to NOPAT (EV/NOPAT)	12.29	14.09	21.58
Enterprise Value to Operating Cash Flow (EV/OCF)	27.06	17.65	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	21.40	739.26	103.99
Leverage & Solvency	-	-	-
Debt to Equity	1.86	2.22	2.49
Long-Term Debt to Equity	1.83	2.18	2.45
Financial Leverage	1.85	2.03	1.69
Leverage Ratio	4.32	4.98	4.72
Compound Leverage Factor	2.21	2.39	1.51
Debt to Total Capital	65.02%	68.92%	71.31%
Short-Term Debt to Total Capital	0.87%	1.01%	1.17%
Long-Term Debt to Total Capital	64.15%	67.91%	70.15%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.65%	1.02%	1.22%
Common Equity to Total Capital	34.32%	30.06%	27.47%
Debt to EBITDA	5.21	5.43	10.47
Net Debt to EBITDA	4.77	4.97	9.56
Long-Term Debt to EBITDA	5.14	5.35	10.30
Debt to NOPAT	8.13	9.61	18.72
Net Debt to NOPAT	7.45	8.79	17.08
Long-Term Debt to NOPAT	8.03	9.47	18.41
Altman Z-Score	2.33	2.31	1.83
Noncontrolling Interest Sharing Ratio	2.52%	3.75%	3.73%
Liquidity Ratios	-	-	-
Current Ratio	2.32	2.27	2.08
Quick Ratio	0.84	0.87	0.73
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	44	1.27	7.39
Operating Cash Flow to CapEx	175.88%	203.82%	-152.87%
Free Cash Flow to Firm to Interest Expense	0.93	0.03	0.22
Operating Cash Flow to Interest Expense	0.74	1.18	-0.79
Operating Cash Flow Less CapEx to Interest Expense	0.32	0.60	-1.30
Efficiency Ratios	-	-	-
Asset Turnover	1.22	1.20	1.07
Accounts Receivable Turnover	6.46	6.51	5.69
Inventory Turnover	3.30	3.40	3.38
Fixed Asset Turnover	0.00	0.00	0.00
Accounts Payable Turnover	6.89	6.53	6.42
Days Sales Outstanding (DSO)	56.51	56.04	64.17
Days Inventory Outstanding (DIO)	110.71	107.48	108.00
Days Payable Outstanding (DPO)	52.94	55.87	56.82
Cash Conversion Cycle (CCC)	114.28	107.65	115.34
Capital & Investment Metrics	-	-	-
Invested Capital	911	878	812
Invested Capital Turnover	1.85	1.96	1.87
Increase / (Decrease) in Invested Capital	33	66	28
Enterprise Value (EV)	947	942	768
Market Capitalization	367	345	149
Book Value per Share	$23.56	$21.42	$20.00
Tangible Book Value per Share	$10.48	$7.40	$5.37
Total Capital	964	933	934
Total Debt	627	643	666
Total Long-Term Debt	618	633	655
Net Debt	574	588	608
Capital Expenditures (CapEx)	20	26	17
Debt-free, Cash-free Net Working Capital (DFCFNWC)	430	415	437
Debt-free Net Working Capital (DFNWC)	483	470	495
Net Working Capital (NWC)	475	461	484
Net Nonoperating Expense (NNE)	48	60	48
Net Nonoperating Obligations (NNO)	574	588	544
Total Depreciation and Amortization (D&A)	34	32	30
Debt-free, Cash-free Net Working Capital to Revenue	25.98%	25.03%	29.24%
Debt-free Net Working Capital to Revenue	29.18%	28.33%	33.14%
Net Working Capital to Revenue	28.67%	27.76%	32.41%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$2.46	$0.63	($1.17)
Adjusted Weighted Average Basic Shares Outstanding	12.90M	12.30M	12.09M
Adjusted Diluted Earnings per Share	$2.40	$0.62	($1.16)
Adjusted Weighted Average Diluted Shares Outstanding	13.24M	12.51M	12.19M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.23M	13.07M	12.81M
Normalized Net Operating Profit after Tax (NOPAT)	79	71	34
Normalized NOPAT Margin	4.78%	4.31%	2.26%
Pre Tax Income Margin	2.68%	2.50%	0.72%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.83	1.92	0.99
NOPAT to Interest Expense	1.63	1.48	1.05
EBIT Less CapEx to Interest Expense	1.41	1.34	0.47
NOPAT Less CapEx to Interest Expense	1.21	0.90	0.54
Payout Ratios	-	-	-
Dividend Payout Ratio	24.74%	108.82%	-54.26%
Augmented Payout Ratio	24.74%	108.82%	-54.26%

This table displays calculated financial ratios and metrics derived from Park-Ohio's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.23%	-0.29%	1.05%	-1.39%	2.02%	9.12%	15.77%	18.40%	82.67%	7.06%
EBITDA Growth	-14.29%	-6.48%	24.28%	13.29%	163.37%	62.10%	15.48%	78.75%	-29.37%	212.86%
EBIT Growth	-21.31%	-10.51%	31.31%	14.83%	603.85%	93.01%	19.28%	154.88%	-79.03%	650.00%
NOPAT Growth	-11.25%	20.09%	37.53%	20.19%	872.53%	25.42%	37.67%	-21.39%	-79.97%	569.00%
Net Income Growth	97.97%	-13.89%	124.49%	54.24%	37.82%	248.39%	226.67%	-6.35%	-28.65%	141.89%
EPS Growth	0.00%	-17.05%	113.95%	59.57%	40.82%	300.00%	437.50%	-6.00%	-37.06%	136.67%
Operating Cash Flow Growth	-9.28%	-61.54%	-485.71%	1,050.00%	7,175.00%	192.50%	102.13%	109.52%	-97.08%	407.69%
Free Cash Flow Firm Growth	64.32%	-172.00%	-166.05%	-170.44%	-81.58%	417.05%	358.90%	277.75%	-146.05%	29.37%
Invested Capital Growth	3.74%	12.57%	8.70%	8.77%	8.08%	-9.84%	-7.33%	-7.02%	3.60%	5.89%
Revenue Q/Q Growth	-6.99%	-3.47%	3.59%	7.27%	-7.04%	-2.17%	1.09%	10.98%	-0.57%	3.79%
EBITDA Q/Q Growth	-31.33%	-3.21%	5.86%	24.62%	-25.07%	28.62%	-3.50%	183.17%	-53.88%	-8.37%
EBIT Q/Q Growth	-41.70%	-5.00%	8.33%	35.59%	-33.70%	39.39%	-5.26%	703.85%	-81.82%	-13.86%
NOPAT Q/Q Growth	-36.46%	23.43%	10.73%	2.20%	-14.03%	41.34%	-3.23%	726.98%	-88.91%	55.15%
Net Income Q/Q Growth	-103.23%	-15.45%	20.88%	161.49%	-237.04%	120.41%	-16.95%	124.79%	-867.74%	106.67%
EPS Q/Q Growth	0.00%	-20.65%	22.67%	164.66%	-231.82%	104.65%	-8.51%	123.98%	-990.91%	175.00%
Operating Cash Flow Q/Q Growth	193.33%	433.33%	-217.39%	-92.10%	24.36%	3,242.86%	250.00%	-50.00%	-95.00%	124.32%
Free Cash Flow Firm Q/Q Growth	78.84%	-49.40%	1.53%	-14.64%	-142.70%	37.04%	5.02%	395.49%	25.45%	-11.91%
Invested Capital Q/Q Growth	-3.61%	2.10%	2.20%	3.14%	4.60%	-1.41%	2.26%	2.49%	-12.74%	1.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.61%	17.31%	16.92%	17.10%	16.47%	16.71%	16.37%	15.87%	14.54%	13.65%
EBITDA Margin	5.87%	7.95%	7.93%	7.76%	6.83%	8.48%	6.45%	6.75%	2.65%	5.71%
Operating Margin	3.71%	5.65%	5.69%	5.75%	4.55%	6.45%	4.48%	4.77%	0.68%	3.02%
EBIT Margin	3.71%	5.91%	6.01%	5.75%	4.70%	6.59%	4.63%	4.94%	0.68%	3.73%
Profit (Net Income) Margin	-0.08%	2.23%	2.54%	2.18%	-3.80%	2.58%	1.14%	1.39%	-6.24%	0.81%
Tax Burden Percent	-6.82%	73.81%	78.57%	67.91%	-224.24%	67.50%	56.32%	57.84%	506.38%	58.49%
Interest Burden Percent	30.56%	51.01%	53.85%	55.83%	36.07%	57.97%	43.94%	48.80%	-180.77%	37.06%
Effective Tax Rate	-9.09%	-4.76%	18.57%	24.63%	0.00%	23.75%	24.14%	25.49%	0.00%	-41.51%
Return on Invested Capital (ROIC)	7.49%	11.00%	8.64%	8.24%	8.93%	9.18%	6.22%	6.41%	0.89%	6.24%
ROIC Less NNEP Spread (ROIC-NNEP)	4.73%	8.32%	7.12%	6.70%	3.19%	7.52%	4.57%	4.78%	-4.21%	3.97%
Return on Net Nonoperating Assets (RNNOA)	8.77%	15.24%	14.42%	13.49%	6.47%	15.16%	8.92%	8.83%	-7.13%	7.30%
Return on Equity (ROE)	16.26%	26.24%	23.07%	21.74%	15.40%	24.34%	15.13%	15.24%	-6.24%	13.54%
Cash Return on Invested Capital (CROIC)	4.95%	-2.90%	0.12%	-0.37%	0.15%	15.38%	12.20%	11.54%	0.93%	-0.91%
Operating Return on Assets (OROA)	4.54%	6.85%	7.04%	6.67%	5.62%	7.54%	5.21%	5.34%	0.73%	3.51%
Return on Assets (ROA)	-0.09%	2.58%	2.98%	2.53%	-4.54%	2.95%	1.29%	1.51%	-6.66%	0.76%
Return on Common Equity (ROCE)	15.85%	25.50%	22.32%	10.88%	14.83%	23.43%	14.57%	7.96%	-6.01%	6.13%
Return on Equity Simple (ROE_SIMPLE)	0.00%	4.35%	5.48%	3.47%	0.00%	-0.80%	-3.61%	0.00%	0.00%	-2.64%
Net Operating Profit after Tax (NOPAT)	16	25	20	18	18	21	15	15	1.82	16
NOPAT Margin	4.04%	5.92%	4.63%	4.33%	4.55%	4.92%	3.40%	3.55%	0.48%	4.28%
Net Nonoperating Expense Percent (NNEP)	2.76%	2.67%	1.52%	1.55%	5.74%	1.65%	1.65%	1.63%	5.11%	2.27%
Return On Investment Capital (ROIC_SIMPLE)	1.63%	-	-	-	1.90%	-	-	-	0.19%	-
Cost of Revenue to Revenue	83.39%	82.69%	83.08%	82.90%	83.53%	83.29%	83.63%	84.13%	85.46%	86.35%
SG&A Expenses to Revenue	12.90%	11.45%	10.96%	11.28%	11.92%	10.27%	10.93%	10.70%	11.79%	9.51%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.90%	11.66%	11.23%	11.35%	11.92%	10.27%	11.89%	11.10%	13.86%	10.63%
Earnings before Interest and Taxes (EBIT)	14	25	26	24	18	28	20	21	2.60	14
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	23	33	34	32	27	36	28	29	10	22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.11	1.20	1.15	1.20	1.23	0.92	0.86	0.00	0.58	0.48
Price to Tangible Book Value (P/TBV)	2.49	2.78	3.20	3.53	3.56	2.71	2.68	0.00	2.16	1.30
Price to Revenue (P/Rev)	0.22	0.24	0.20	0.21	0.21	0.15	0.15	0.10	0.10	0.10
Price to Earnings (P/E)	11.54	24.08	18.62	29.80	44.21	0.00	0.00	0.00	0.00	0.00
Dividend Yield	1.91%	1.63%	1.94%	1.89%	1.90%	2.56%	2.70%	4.29%	4.31%	4.66%
Earnings Yield	8.66%	4.15%	5.37%	3.36%	2.26%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.04	1.07	1.05	1.06	1.07	1.06	1.03	1.26	0.95	0.84
Enterprise Value to Revenue (EV/Rev)	0.57	0.61	0.58	0.58	0.57	0.54	0.54	0.68	0.51	0.59
Enterprise Value to EBITDA (EV/EBITDA)	7.88	8.21	7.68	8.00	7.97	8.87	10.46	13.44	12.08	11.51
Enterprise Value to EBIT (EV/EBIT)	10.94	11.27	10.38	10.95	10.88	12.84	16.43	21.84	22.99	18.06
Enterprise Value to NOPAT (EV/NOPAT)	12.29	12.72	12.88	13.79	14.09	19.89	21.64	28.63	21.58	17.92
Enterprise Value to Operating Cash Flow (EV/OCF)	27.06	26.88	18.59	17.35	17.65	35.87	94.67	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	21.40	0.00	880.69	0.00	739.26	6.51	8.15	10.56	103.99	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.86	1.93	2.26	2.25	2.22	2.34	2.40	2.42	2.49	2.29
Long-Term Debt to Equity	1.83	1.90	2.22	2.21	2.18	2.29	2.36	2.37	2.45	2.25
Financial Leverage	1.85	1.83	2.02	2.02	2.03	2.02	1.95	1.85	1.69	1.84
Leverage Ratio	4.32	4.54	4.82	4.94	4.98	4.92	4.79	4.74	4.72	4.40
Compound Leverage Factor	1.32	2.32	2.60	2.76	1.80	2.85	2.10	2.32	-8.53	1.63
Debt to Total Capital	65.02%	65.85%	69.36%	69.24%	68.92%	70.03%	70.59%	70.73%	71.31%	69.57%
Short-Term Debt to Total Capital	0.87%	1.02%	1.33%	1.27%	1.01%	1.27%	1.29%	1.34%	1.17%	1.08%
Long-Term Debt to Total Capital	64.15%	64.83%	68.03%	67.97%	67.91%	68.76%	69.31%	69.39%	70.15%	68.49%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.65%	0.71%	0.82%	0.93%	1.02%	1.12%	1.13%	29.27%	1.22%	1.14%
Common Equity to Total Capital	34.32%	33.45%	29.82%	29.83%	30.06%	28.85%	28.27%	0.00%	27.47%	29.29%
Debt to EBITDA	5.21	5.36	5.42	5.57	5.43	6.72	8.14	8.61	10.47	10.10
Net Debt to EBITDA	4.77	4.88	4.94	5.05	4.97	6.21	7.51	7.97	9.56	9.31
Long-Term Debt to EBITDA	5.14	5.28	5.31	5.46	5.35	6.60	7.99	8.44	10.30	9.95
Debt to NOPAT	8.13	8.30	9.09	9.59	9.61	15.07	16.85	18.33	18.72	15.73
Net Debt to NOPAT	7.45	7.55	8.29	8.71	8.79	13.92	15.54	16.98	17.08	14.50
Long-Term Debt to NOPAT	8.03	8.17	8.91	9.42	9.47	14.79	16.55	17.98	18.41	15.49
Altman Z-Score	2.15	1.91	1.89	1.84	2.14	1.75	1.71	1.62	1.76	1.43
Noncontrolling Interest Sharing Ratio	2.52%	2.82%	3.25%	49.95%	3.75%	3.73%	3.74%	47.76%	3.73%	54.75%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.32	2.45	2.42	2.25	2.27	2.14	2.20	2.12	2.08	2.31
Quick Ratio	0.84	0.93	0.94	0.88	0.87	0.70	0.72	0.69	0.73	0.92
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-17	-81	-54	-55	-48	112	82	78	-26	-35
Operating Cash Flow to CapEx	0.00%	98.90%	-36.49%	39.66%	393.24%	344.12%	9.46%	4.35%	28.57%	109.59%
Free Cash Flow to Firm to Interest Expense	-1.50	-6.68	-4.51	-4.61	-4.09	9.67	7.38	7.29	-2.61	-3.93
Operating Cash Flow to Interest Expense	2.32	0.74	-0.23	0.19	2.49	2.02	0.06	0.02	0.04	0.89
Operating Cash Flow Less CapEx to Interest Expense	2.53	-0.01	-0.84	-0.29	1.85	1.43	-0.60	-0.41	-0.10	0.08
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.22	1.16	1.17	1.16	1.20	1.14	1.13	1.08	1.07	0.94
Accounts Receivable Turnover	6.46	6.11	6.23	6.12	6.51	5.99	5.86	5.60	5.69	4.90
Inventory Turnover	3.30	3.30	3.31	3.29	3.40	3.32	3.35	3.28	3.38	2.73
Fixed Asset Turnover	0.00	8.95	0.00	0.00	0.00	8.07	0.00	0.00	0.00	0.00
Accounts Payable Turnover	6.89	6.81	6.86	6.57	6.53	6.50	6.33	5.95	6.42	5.45
Days Sales Outstanding (DSO)	56.51	59.72	58.59	59.66	56.04	60.91	62.27	65.13	64.17	74.55
Days Inventory Outstanding (DIO)	110.71	110.74	110.29	111.03	107.48	109.98	108.96	111.36	108.00	133.60
Days Payable Outstanding (DPO)	52.94	53.61	53.18	55.59	55.87	56.13	57.64	61.40	56.82	66.98
Cash Conversion Cycle (CCC)	114.28	116.86	115.70	115.10	107.65	114.76	113.58	115.10	115.34	141.17
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	911	945	925	906	878	839	851	833	812	931
Invested Capital Turnover	1.85	1.86	1.87	1.90	1.96	1.87	1.83	1.80	1.87	1.46
Increase / (Decrease) in Invested Capital	33	106	74	73	66	-92	-67	-63	28	52
Enterprise Value (EV)	947	1,014	969	963	942	886	880	1,053	768	780
Market Capitalization	367	405	337	346	345	255	237	149	149	138
Book Value per Share	$23.56	$25.49	$22.48	$22.07	$21.42	$21.16	$21.43	$0.00	$20.00	$22.50
Tangible Book Value per Share	$10.48	$11.06	$8.05	$7.50	$7.40	$7.19	$6.91	($14.63)	$5.37	$8.26
Total Capital	964	1,004	985	967	933	959	971	953	934	985
Total Debt	627	661	683	670	643	671	686	674	666	685
Total Long-Term Debt	618	651	670	657	633	659	673	661	655	674
Net Debt	574	602	624	608	588	620	632	624	608	631
Capital Expenditures (CapEx)	-2.40	9.10	7.40	5.80	7.40	6.80	7.40	4.60	1.40	7.30
Debt-free, Cash-free Net Working Capital (DFCFNWC)	430	475	460	441	415	475	478	463	437	441
Debt-free Net Working Capital (DFNWC)	483	535	520	503	470	526	532	513	495	495
Net Working Capital (NWC)	475	525	507	490	461	514	519	500	484	484
Net Nonoperating Expense (NNE)	16	15	9.03	8.99	33	9.79	9.67	9.15	26	13
Net Nonoperating Obligations (NNO)	574	602	624	608	588	552	566	554	544	631
Total Depreciation and Amortization (D&A)	8.40	8.50	8.30	8.40	8.30	7.90	7.80	7.70	7.50	7.60
Debt-free, Cash-free Net Working Capital to Revenue	25.98%	28.69%	27.76%	26.66%	25.03%	28.73%	29.59%	29.73%	29.24%	33.40%
Debt-free Net Working Capital to Revenue	29.18%	32.28%	31.37%	30.38%	28.33%	31.83%	32.89%	32.91%	33.14%	37.46%
Net Working Capital to Revenue	28.67%	31.66%	30.58%	29.64%	27.76%	31.09%	32.12%	32.09%	32.41%	36.66%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.01)	$0.75	$0.95	$0.77	($1.18)	$0.90	$0.44	$0.47	($1.98)	$0.22
Adjusted Weighted Average Basic Shares Outstanding	12.90M	14.04M	13.18M	13.07M	12.30M	13.09M	13.07M	12.81M	12.09M	12.10M
Adjusted Diluted Earnings per Share	$0.00	$0.73	$0.92	$0.75	($1.16)	$0.88	$0.43	$0.47	($1.96)	$0.22
Adjusted Weighted Average Diluted Shares Outstanding	13.24M	14.04M	13.18M	13.07M	12.51M	13.09M	13.07M	12.81M	12.19M	12.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.23M	14.04M	13.18M	13.07M	13.07M	13.09M	13.07M	12.81M	12.81M	12.82M
Normalized Net Operating Profit after Tax (NOPAT)	10	17	21	18	12	21	18	16	7.35	11
Normalized NOPAT Margin	2.60%	4.11%	4.86%	4.39%	3.18%	4.92%	4.13%	3.85%	1.93%	2.90%
Pre Tax Income Margin	1.13%	3.02%	3.24%	3.21%	1.70%	3.82%	2.03%	2.41%	-1.23%	1.38%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.26	2.04	2.17	2.02	1.56	2.38	1.78	1.95	0.26	1.59
NOPAT to Interest Expense	1.38	2.04	1.67	1.52	1.51	1.77	1.31	1.41	0.18	1.82
EBIT Less CapEx to Interest Expense	1.47	1.29	1.55	1.53	0.93	1.79	1.12	1.52	0.12	0.78
NOPAT Less CapEx to Interest Expense	1.59	1.29	1.05	1.03	0.88	1.19	0.65	0.98	0.04	1.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	24.74%	54.11%	46.58%	74.00%	108.82%	-300.00%	-70.71%	-52.63%	-54.26%	-100.00%
Augmented Payout Ratio	24.74%	54.11%	46.58%	74.00%	108.82%	-300.00%	-70.71%	-52.63%	-54.26%	-100.00%

Frequently Asked Questions About Park-Ohio's Financials

When does Park-Ohio's fiscal year end?

According to the most recent income statement we have on file, Park-Ohio's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Park-Ohio's net income changed over the last 2 years?

Park-Ohio's net income appears to be on an upward trend, with a most recent value of $29.10 million in 2024, falling from -$12.90 million in 2022. The previous period was $6.80 million in 2023.

What is Park-Ohio's operating income?

Park-Ohio's total operating income in 2024 was $86.60 million, based on the following breakdown:

Total Gross Profit: $281.40 million
Total Operating Expenses: $194.80 million

How has Park-Ohio revenue changed over the last 2 years?

Over the last 2 years, Park-Ohio's total revenue changed from $1.49 billion in 2022 to $1.66 billion in 2024, a change of 10.9%.

How much debt does Park-Ohio have?

Park-Ohio's total liabilities were at $1.03 billion at the end of 2024, a 2.2% decrease from 2023, and a 12.0% decrease since 2022.

How much cash does Park-Ohio have?

In the past 2 years, Park-Ohio's cash and equivalents has ranged from $53.10 million in 2024 to $58.20 million in 2022, and is currently $53.10 million as of their latest financial filing in 2024.

How has Park-Ohio's book value per share changed over the last 2 years?

Over the last 2 years, Park-Ohio's book value per share changed from 20.00 in 2022 to 23.56 in 2024, a change of 17.8%.

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This page (NASDAQ:PKOH) was last updated on 5/29/2025 by MarketBeat.com Staff

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Park-Ohio (PKOH) Financials

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Park-Ohio (PKOH) Financials

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