Park-Ohio Holdings Corp (PKOH) financial statements: income statement, balance sheet and cash flow

Park-Ohio Holdings Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Park-Ohio Holdings Corp reported revenue of $1.6B (-3.4% year on year) and net income of $23.8M (-25.2% year on year).

Income statement

Park-Ohio Holdings Corp income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$1.6B	$1.7B	$1.7B	$1.5B
Cost of sales	$1.3B	$1.4B	$1.4B	$1.3B
Selling, general and administrative expenses	$189.6M	$187.4M	$181.5M	$162.2M
Restructuring and other special charges	$6.4M	$4.9M	$6.6M	$17.3M
Asset impairment charges	$8.9M	—	—	—
Gains on sales of assets, net	$0	($2.5M)	($800.0K)	($2.4M)
Other expense	$0	$5.0M	—	—
Operating income	$66.3M	$86.6M	$84.1M	$33.4M
Other components of pension and other postretirement benefits income, net	$7.0M	$5.2M	$2.5M	$11.1M
Interest expense, net	($47.5M)	($47.4M)	($45.1M)	($33.8M)
Loss on extinguishment of debt	($2.0M)	—	—	—
Income from continuing operations before income taxes	$23.8M	$44.4M	$41.5M	$10.7M
Income tax expense	($2.8M)	($4.9M)	($8.5M)	$700.0K
Income from continuing operations	$21.0M	$39.5M	$33.0M	$11.4M
Loss attributable to noncontrolling interests	$3.8M	$2.7M	$1.0M	($1.3M)
Income from continuing operations attributable to ParkOhio common shareholders	$24.8M	$42.2M	$34.0M	$10.1M
Loss from discontinued operations, net of tax	($1.0M)	($10.4M)	($26.2M)	($24.3M)
Net income (loss) attributable to ParkOhio common shareholders	$23.8M	$31.8M	$7.8M	($14.2M)
Continuing operations (in dollars per share)	$1.80	$3.27	$2.76	$0.83
Total (in dollars per share)	$1.73	$2.46	$0.63	-$1.17
Continuing operations (in dollars per share)	$1.77	$3.19	$2.72	$0.83
Discontinued Operations (in dollars per share)	-$0.07	-$0.81	-$2.13	-$2.00
Total (in dollars per share)	$1.70	$2.40	$0.62	-$1.16
Basic (in shares)	13.8M	12.9M	12.3M	12.1M
Diluted (in shares)	14.0M	13.2M	12.5M	12.2M

Park-Ohio Holdings Corp income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$440.1M	$421.0M	$398.6M	$400.1M
Cost of sales	$361.2M	$348.3M	$332.0M	$331.9M
Selling, general and administrative expenses	$53.1M	$51.7M	$46.5M	$46.8M
Restructuring and other special charges	$1.3M	$1.3M	$2.8M	$1.3M
Operating income	$24.5M	$19.7M	$17.3M	$20.1M
Other components of pension and other postretirement benefits income, net	$2.2M	$2.1M	$1.7M	$1.8M
Interest expense, net	($12.3M)	($12.3M)	($12.5M)	($11.2M)
Income from continuing operations before income taxes	$14.4M	$9.5M	$4.5M	$10.7M
Income tax expense	($2.4M)	($1.6M)	$400.0K	($1.8M)
Income from continuing operations	$12.0M	$7.9M	$4.9M	$8.9M
Loss attributable to noncontrolling interests	$200.0K	$300.0K	$600.0K	$400.0K
Income from continuing operations attributable to Park-Ohio Holdings Corp. common shareholders	$12.2M	$8.2M	$5.5M	$9.3M
Loss from discontinued operations, net of tax	($100.0K)	($100.0K)	($200.0K)	($100.0K)
Net income attributable to Park-Ohio Holdings Corp. common shareholders	$12.1M	$8.1M	$5.3M	$9.2M
Continuing operations (in dollars per share)	$0.88	$0.59	$0.40	$0.68
Total (in dollars per share)	$0.87	$0.58	$0.39	$0.67
Continuing operations (in dollars per share)	$0.87	$0.58	$0.39	$0.67
Discontinued operations (in dollars per share)	-$0.01	-$0.01	-$0.01	-$0.01
Total (in dollars per share)	$0.86	$0.57	$0.38	$0.66

Balance sheet

Park-Ohio Holdings Corp balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$44.8M	$53.1M	$54.8M	$58.2M
Accounts receivable, net	$265.0M	$249.5M	$263.3M	$246.3M
Inventories, net	$420.9M	$422.9M	$411.1M	$406.5M
Other current assets	$121.8M	$110.5M	$95.2M	$32.5M
Total current assets	$852.5M	$836.0M	$824.4M	$932.4M
Property, plant and equipment, net	$198.5M	$182.9M	$184.9M	$181.1M
Operating lease right-of-use assets	$41.2M	$40.3M	$44.7M	$54.7M
Goodwill	$115.8M	$111.7M	$110.2M	$108.9M
Pension assets	$93.3M	$85.3M	$75.1M	$63.9M
Other long-term assets	$118.3M	$37.0M	$28.1M	$16.9M
Total assets	$1.4B	$1.4B	$1.3B	$1.4B
Trade accounts payable	$199.8M	$194.8M	$204.0M	$221.0M
Current portion of long-term debt and short-term debt	$8.3M	$8.4M	$9.4M	$10.9M
Current portion of operating lease liabilities	$10.9M	$10.7M	$10.6M	$11.2M
Accrued expenses	$147.6M	$111.5M	$107.8M	$41.8M
Total current liabilities	$366.6M	$361.1M	$363.6M	$448.6M
Long-term debt	$620.7M	$618.3M	$633.4M	$655.1M
Long-term operating lease liabilities	$30.4M	$29.8M	$34.4M	$43.7M
Other long-term liabilities	$19.1M	$7.1M	$10.4M	$10.7M
Total long-term liabilities	$670.2M	$666.9M	$687.2M	$720.1M
Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none	0	0	0	0
Common stock: Authorized - 40,000,000 shares; Issued - 18,559,230 shares in 2025 and 18,292,490 in 2024	18.6M	18.3M	17.0M	16.6M
Additional paid-in capital	$195.8M	$190.6M	$155.9M	$149.8M
Retained earnings	$281.8M	$265.2M	$240.1M	$238.8M
Treasury stock, at cost, 4,157,153 shares in 2025 and 4,059,619 shares in 2024	-93.3M	-91.5M	-88.9M	-86.9M
Accumulated other comprehensive loss	($22.0M)	($51.8M)	($43.7M)	($61.8M)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity	$380.9M	$330.8M	$280.4M	$256.5M
Noncontrolling interests	$1.9M	$6.3M	$9.5M	$11.4M
Total equity	$382.8M	$337.1M	$289.9M	$267.9M
Total liabilities and shareholders' equity	$1.4B	$1.4B	$1.3B	$1.4B

Park-Ohio Holdings Corp balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$48.3M	$46.7M	$50.8M	$45.6M
Accounts receivable, net	$288.7M	$278.4M	$275.0M	$282.5M
Inventories, net	$427.6M	$426.6M	$428.4M	$425.9M
Other current assets	$133.3M	$120.1M	$132.8M	$119.8M
Total current assets	$897.9M	$871.8M	$887.0M	$873.8M
Property, plant and equipment, net	$205.5M	$201.6M	$194.0M	$190.3M
Operating lease right-of-use assets	$44.2M	$38.5M	$42.3M	$43.7M
Goodwill	$114.8M	$115.0M	$115.7M	$116.0M
Pension assets	$93.7M	$92.8M	—	—
Other long-term assets	$114.6M	$116.8M	$126.8M	$125.3M
Total assets	$1.5B	$1.4B	$1.4B	$1.4B
Trade accounts payable	$215.8M	$200.6M	$197.9M	$196.8M
Current portion of long-term debt and short-term debt	$7.3M	$6.4M	$8.3M	$8.7M
Current portion of operating lease liabilities	$11.5M	$10.5M	$10.9M	$11.1M
Accrued expenses and other	$139.9M	$145.1M	$129.7M	$119.6M
Total current liabilities	$374.5M	$362.6M	$346.8M	$336.2M
Long-term debt	$652.6M	$646.2M	$659.1M	$656.7M
Long-term operating lease liabilities	$32.6M	$28.2M	$31.6M	$32.8M
Other long-term liabilities	$18.5M	$18.5M	$20.3M	$19.7M
Total long-term liabilities	$703.7M	$692.9M	$711.0M	$709.2M
Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity	$391.1M	$379.4M	$374.8M	$371.1M
Noncontrolling interests	$1.4M	$1.6M	$4.0M	$5.2M
Total equity	$392.5M	$381.0M	$378.8M	$376.3M
Total liabilities and shareholders' equity	$1.5B	$1.4B	$1.4B	$1.4B

Cash flow statement

Park-Ohio Holdings Corp cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Income from continuing operations	$21.0M	$39.5M	$33.0M	$11.4M
Depreciation and amortization	$33.0M	$33.6M	$31.7M	$30.2M
Stock-based compensation	$5.5M	$5.6M	$6.5M	$7.2M
Loss on extinguishment of debt	$2.0M	—	—	—
Asset impairment charges	$8.9M	—	—	—
Gains on sales of assets, net	$0	($2.5M)	($800.0K)	($2.4M)
Deferred income taxes	($13.9M)	($14.6M)	($7.2M)	($8.3M)
Accounts receivable	($4.9M)	$12.1M	($14.1M)	($23.2M)
Inventories	$2.8M	($14.8M)	($1.3M)	($56.0M)
Prepaid and other current assets	($9.3M)	($14.1M)	($1.2M)	($11.1M)
Accounts payable and accrued expenses	($1.4M)	($2.7M)	$3.3M	$33.1M
Other	($1.4M)	($7.1M)	$3.5M	($7.5M)
Net cash provided by operating activities from continuing operations	$42.3M	$35.0M	$53.4M	($26.6M)
Purchases of property, plant and equipment	($40.3M)	($31.4M)	($28.2M)	($26.9M)
Proceeds from sales of assets	$0	$11.5M	$2.0M	$9.5M
Proceeds from sale of discontinued operations	$0	$0	$15.5M	—
Business acquisitions, net of cash acquired	$0	($11.0M)	($1.2M)	($23.3M)
Net cash used in investing activities from continuing operations	($40.3M)	($30.9M)	($11.9M)	($40.7M)
(Payments on) proceeds from revolving credit facility, net	$8.5M	($15.0M)	($22.3M)	$64.8M
Payments on term loans and other debt	($2.1M)	($7.5M)	($7.2M)	($3.6M)
Proceeds from other long-term debt	$800.0K	$5.8M	$4.3M	$3.5M
(Payments on) proceeds from finance lease facilities, net	($500.0K)	$700.0K	$900.0K	$8.5M
Issuance of 8.5% Senior Notes due 2030, net of discount	$348.3M	—	—	—
Redemption of 6.625% Senior Notes due 2027	($350.0M)	—	—	—
Payments of debt refinancing fees and expenses	($6.5M)	—	—	—
Net proceeds from common stock issuances	$0	$30.4M	—	—
Payments related to prior acquisitions	$0	($3.0M)	($2.9M)	—
Dividends	($7.8M)	($7.2M)	($7.4M)	($7.0M)
Payments of withholding taxes on share awards	($1.8M)	($2.6M)	($2.0M)	($1.6M)
Net cash provided by (used in) financing activities from continuing operations	($11.1M)	$1.6M	($36.6M)	$84.6M
Total used in operating activities	($1.0M)	($5.2M)	($2.9M)	($1.0M)
Total used in investing activities	$0	$0	($3.9M)	($4.8M)
Total used in financing activities	$0	$0	($2.4M)	($3.4M)
Decrease in cash and cash equivalents from discontinued operations	($1.0M)	($5.2M)	($9.2M)	($9.2M)
Effect of exchange rate changes on cash	$1.8M	($2.2M)	$900.0K	($4.0M)
Decrease in cash and cash equivalents	($8.3M)	($1.7M)	($3.4M)	$4.1M
Cash and cash equivalents at beginning of year	$53.1M	$54.8M	$58.2M	$54.1M
Cash and cash equivalents at end of year	$44.8M	$53.1M	$54.8M	$58.2M
Income taxes paid, net	$24.3M	$14.5M	$7.3M	$10.7M
Interest paid	$40.3M	$47.0M	$47.6M	$34.5M

Park-Ohio Holdings Corp cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Income from continuing operations	$19.9M	$7.9M	$21.6M	$16.7M
Depreciation and amortization	$16.7M	$8.3M	$24.8M	$16.5M
Stock-based compensation expense	$2.8M	$1.4M	$4.1M	$2.8M
Accounts receivable	($24.5M)	($14.8M)	($15.9M)	($23.5M)
Inventories	($8.1M)	($7.0M)	$0	$3.2M
Prepaid and other current assets	($12.2M)	$1.1M	($19.7M)	($6.6M)
Accounts payable and accrued expenses	$7.4M	($2.1M)	($23.0M)	($34.0M)
Other	($600.0K)	($2.6M)	($300.0K)	$1.2M
Net cash provided by (used in) operating activities from continuing operations	$1.4M	($7.8M)	($6.4M)	($23.7M)
Purchases of property, plant and equipment	($23.5M)	($12.5M)	($27.6M)	($16.9M)
Net cash used in investing activities from continuing operations	($23.5M)	($12.5M)	($27.6M)	($16.9M)
Proceeds from revolving credit facility, net	$33.6M	$26.2M	$48.8M	$38.9M
Payments on other debt	($700.0K)	($1.6M)	($1.9M)	($1.7M)
Proceeds from other debt	$0	$300.0K	$1.0M	$1.4M
Payments on finance lease facilities, net	($1.3M)	($600.0K)	($1.9M)	($1.9M)
Dividends	($3.6M)	($1.8M)	($6.0M)	($3.6M)
Payments of withholding taxes on share awards	($2.0M)	—	($1.7M)	($1.6M)
Net cash provided by financing activities from continuing operations	$26.0M	$22.5M	$30.1M	$31.5M
Total used by operating activities	($200.0K)	($100.0K)	($500.0K)	($300.0K)
Decrease in cash and cash equivalents from discontinued operations	($200.0K)	($100.0K)	($500.0K)	($300.0K)
Effect of exchange rate changes on cash	($200.0K)	($200.0K)	$2.1M	$1.9M
Increase (decrease) in cash and cash equivalents	$3.5M	$1.9M	($2.3M)	($7.5M)
Cash and cash equivalents at beginning of period	$44.8M	$44.8M	$53.1M	$53.1M
Cash and cash equivalents at end of period	$48.3M	$46.7M	$50.8M	$45.6M
Interest paid	$24.7M	$19.7M	$34.8M	$22.3M
Income taxes paid	$9.4M	$4.4M	$17.6M	$13.3M

Park-Ohio Holdings Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.