Park-Ohio (PKOH)
Market Price (7/21/2026): $37.64 | Market Cap: $519.4 MilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Park-Ohio (PKOH)
Market Price (7/21/2026): $37.64Market Cap: $519.4 MilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7% Low stock price volatilityVol 12M is 45% Megatrend and thematic driversMegatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and E-commerce & DTC Adoption. Themes include Factory Automation, Show more. | Trading close to highsDist 52W High is -4.0%, Dist 3Y High is -4.0% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 125% Stock price has recently run up significantly12M Rtn12 month market price return is 133% Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8% Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 79% Key risksPKOH key risks include [1] its significant debt burden and associated interest expenses. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.7% |
| Low stock price volatilityVol 12M is 45% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, Electric Vehicles & Autonomous Driving, and E-commerce & DTC Adoption. Themes include Factory Automation, Show more. |
| Trading close to highsDist 52W High is -4.0%, Dist 3Y High is -4.0% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 125% |
| Stock price has recently run up significantly12M Rtn12 month market price return is 133% |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8% |
| Valuation getting more expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 79% |
| Key risksPKOH key risks include [1] its significant debt burden and associated interest expenses. |
Qualitative Assessment
AI Analysis | Feedback
Park-Ohio (PKOH) stock has gained about 55% since 3/31/2026 because of the following key factors:
1. Park-Ohio's strong fiscal Q1 2026 financial performance and reaffirmed full-year outlook provided a robust foundation.
The company reported fiscal Q1 2026 earnings per share (EPS) of $0.65, meeting analysts' consensus estimates. Furthermore, revenue for fiscal Q1 2026 reached $421 million, surpassing the consensus estimate of $413.90 million. Net sales in fiscal Q1 2026 increased by 3.8% to $421.0 million from $405.4 million in the prior year, driven by higher demand across all three business segments, and the gross margin improved to 17.3% from 16.8%. Alongside these positive results, Park-Ohio reaffirmed its full-year 2026 earnings guidance of $2.90-$3.20 EPS and revenue guidance of $1.7 billion, signaling continued confidence in its performance.
2. The announcement of a strategic review for its Southwest Steel Processing business signaled potential for enhanced value.
On May 6, 2026, Park-Ohio announced it was reviewing strategic alternatives for its Southwest Steel Processing business, including a potential sale or other transaction. This initiative is part of a broader strategy to reallocate capital and resources toward opportunities with higher growth potential and improved margins across its portfolio. Such a move can be interpreted by investors as a proactive step to optimize the company's asset base and improve its overall profitability and focus.
Show more
Park-Ohio (PKOH) stock has gained about 55% since 3/31/2026 because of the following key factors:
1. Park-Ohio's strong fiscal Q1 2026 financial performance and reaffirmed full-year outlook provided a robust foundation.
The company reported fiscal Q1 2026 earnings per share (EPS) of $0.65, meeting analysts' consensus estimates. Furthermore, revenue for fiscal Q1 2026 reached $421 million, surpassing the consensus estimate of $413.90 million. Net sales in fiscal Q1 2026 increased by 3.8% to $421.0 million from $405.4 million in the prior year, driven by higher demand across all three business segments, and the gross margin improved to 17.3% from 16.8%. Alongside these positive results, Park-Ohio reaffirmed its full-year 2026 earnings guidance of $2.90-$3.20 EPS and revenue guidance of $1.7 billion, signaling continued confidence in its performance.
2. The announcement of a strategic review for its Southwest Steel Processing business signaled potential for enhanced value.
On May 6, 2026, Park-Ohio announced it was reviewing strategic alternatives for its Southwest Steel Processing business, including a potential sale or other transaction. This initiative is part of a broader strategy to reallocate capital and resources toward opportunities with higher growth potential and improved margins across its portfolio. Such a move can be interpreted by investors as a proactive step to optimize the company's asset base and improve its overall profitability and focus.
3. Positive analyst sentiment and increased price targets, driven by improving business conditions and operational efficiencies, contributed to the stock's upward trend.
Analysts revised their outlook for Park-Ohio, with Keybanc lifting the price target from $37.00 to $45.00 on July 13, 2026, while maintaining an "Overweight" rating. This adjustment reflected expectations of modestly improving business conditions, a gradual recovery in volume with leaner cost structures, and the potential for stronger margins supported by greater automation. The updated fair value estimate for Park-Ohio also rose from $37.00 to $43.50. These positive assessments and forward-looking projections from the analyst community likely bolstered investor confidence.
Show less
Stock Movement Drivers
Fundamental Drivers
The 56.7% change in PKOH stock from 3/31/2026 to 7/20/2026 was primarily driven by a 59.5% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 7202026 | Change |
|---|---|---|---|
| Stock Price ($) | 23.94 | 37.51 | 56.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,599 | 1,615 | 1.0% |
| Net Income Margin (%) | 1.5% | 1.5% | -1.8% |
| P/E Multiple | 13.8 | 21.9 | 59.5% |
| Shares Outstanding (Mil) | 14 | 14 | -0.9% |
| Cumulative Contribution | 56.7% |
Market Drivers
3/31/2026 to 7/20/2026| Return | Correlation | |
|---|---|---|
| PKOH | 56.7% | |
| Market (SPY) | 14.1% | 31.4% |
| Sector (XLI) | 10.1% | 42.4% |
Fundamental Drivers
The 80.8% change in PKOH stock from 12/31/2025 to 7/20/2026 was primarily driven by a 77.2% change in the company's P/E Multiple.| (LTM values as of) | 12312025 | 7202026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.75 | 37.51 | 80.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,592 | 1,615 | 1.4% |
| Net Income Margin (%) | 1.5% | 1.5% | -0.1% |
| P/E Multiple | 12.4 | 21.9 | 77.2% |
| Shares Outstanding (Mil) | 14 | 14 | 0.7% |
| Cumulative Contribution | 80.8% |
Market Drivers
12/31/2025 to 7/20/2026| Return | Correlation | |
|---|---|---|
| PKOH | 80.8% | |
| Market (SPY) | 9.1% | 34.0% |
| Sector (XLI) | 15.1% | 41.7% |
Fundamental Drivers
The 115.0% change in PKOH stock from 6/30/2025 to 7/20/2026 was primarily driven by a 181.9% change in the company's P/E Multiple.| (LTM values as of) | 6302025 | 7202026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.45 | 37.51 | 115.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,644 | 1,615 | -1.8% |
| Net Income Margin (%) | 1.9% | 1.5% | -21.2% |
| P/E Multiple | 7.8 | 21.9 | 181.9% |
| Shares Outstanding (Mil) | 14 | 14 | -1.4% |
| Cumulative Contribution | 115.0% |
Market Drivers
6/30/2025 to 7/20/2026| Return | Correlation | |
|---|---|---|
| PKOH | 115.0% | |
| Market (SPY) | 21.1% | 38.3% |
| Sector (XLI) | 22.0% | 42.4% |
Fundamental Drivers
The 110.5% change in PKOH stock from 6/30/2023 to 7/20/2026 was primarily driven by a 129.8% change in the company's P/S Multiple.| (LTM values as of) | 6302023 | 7202026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.82 | 37.51 | 110.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,559 | 1,615 | 3.6% |
| P/S Multiple | 0.1 | 0.3 | 129.8% |
| Shares Outstanding (Mil) | 12 | 14 | -11.6% |
| Cumulative Contribution | 110.5% |
Market Drivers
6/30/2023 to 7/20/2026| Return | Correlation | |
|---|---|---|
| PKOH | 110.5% | |
| Market (SPY) | 73.3% | 41.6% |
| Sector (XLI) | 72.9% | 49.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PKOH Return | -30% | -40% | 127% | -1% | -18% | 82% | 40% |
| Peers Return | 25% | 6% | 24% | 11% | 43% | 14% | 197% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 9% | 99% |
Monthly Win Rates [3] | |||||||
| PKOH Win Rate | 33% | 42% | 83% | 42% | 25% | 71% | |
| Peers Win Rate | 63% | 48% | 62% | 58% | 58% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 43% | |
Max Drawdowns [4] | |||||||
| PKOH Max Drawdown | -52% | -58% | -26% | -23% | -40% | -17% | |
| Peers Max Drawdown | -19% | -26% | -19% | -21% | -19% | -22% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: AIT, FAST, GWW, GPC, B.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 7/20/2026 (YTD)
How Low Can It Go
| Event | PKOH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -30.3% | -18.8% |
| % Gain to Breakeven | 43.5% | 23.1% |
| Time to Breakeven | 236 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -24.6% | -6.7% |
| % Gain to Breakeven | 32.7% | 7.1% |
| Time to Breakeven | 42 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -55.4% | -24.5% |
| % Gain to Breakeven | 124.0% | 32.4% |
| Time to Breakeven | 517 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -62.1% | -33.7% |
| % Gain to Breakeven | 163.9% | 50.9% |
| Time to Breakeven | 266 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -27.1% | -19.2% |
| % Gain to Breakeven | 37.2% | 23.8% |
| Time to Breakeven | 800 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -16.1% | -3.7% |
| % Gain to Breakeven | 19.2% | 3.9% |
| Time to Breakeven | 8 days | 6 days |
In The Past
Park-Ohio's stock fell -30.3% during the 2025 US Tariff Shock. Such a loss loss requires a 43.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | PKOH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -30.3% | -18.8% |
| % Gain to Breakeven | 43.5% | 23.1% |
| Time to Breakeven | 236 days | 79 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -24.6% | -6.7% |
| % Gain to Breakeven | 32.7% | 7.1% |
| Time to Breakeven | 42 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -55.4% | -24.5% |
| % Gain to Breakeven | 124.0% | 32.4% |
| Time to Breakeven | 517 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -62.1% | -33.7% |
| % Gain to Breakeven | 163.9% | 50.9% |
| Time to Breakeven | 266 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -27.1% | -19.2% |
| % Gain to Breakeven | 37.2% | 23.8% |
| Time to Breakeven | 800 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -41.7% | -12.2% |
| % Gain to Breakeven | 71.4% | 13.9% |
| Time to Breakeven | 40 days | 62 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -50.4% | -17.9% |
| % Gain to Breakeven | 101.5% | 21.8% |
| Time to Breakeven | 200 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -23.2% | -15.4% |
| % Gain to Breakeven | 30.2% | 18.2% |
| Time to Breakeven | 12 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -93.4% | -53.4% |
| % Gain to Breakeven | 1415.9% | 114.4% |
| Time to Breakeven | 1467 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -25.2% | -8.6% |
| % Gain to Breakeven | 33.7% | 9.5% |
| Time to Breakeven | 2050 days | 47 days |
In The Past
Park-Ohio's stock fell -30.3% during the 2025 US Tariff Shock. Such a loss loss requires a 43.5% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Park-Ohio (PKOH)
Park-Ohio Holdings Corp. (PKOH) is a global diversified industrial company that operates across three primary segments: supply chain management, manufactured components, and engineered products. The company provides essential services and products to a wide array of industries internationally. Essentially, Park-Ohio helps other businesses manage their supply chains more efficiently, produces critical parts and assemblies, and designs and manufactures specialized industrial equipment.
Its "Supply Technologies" segment offers comprehensive supply chain outsourcing solutions, including engineering support, supplier management, logistics, and just-in-time delivery for production components and aftermarket parts. This segment also manufactures precision cold-formed fasteners like locknuts and wheel hardware. The "Assembly Components" segment specializes in complex fluid handling systems, such as fuel rails, fuel filler pipes, and various hoses, alongside aluminum products and machining services, primarily serving the automotive sector. Lastly, the "Engineered Products" segment designs and manufactures capital equipment like induction heating systems and mechanical forging presses, alongside high-precision forged and machined components for aerospace, defense, and rail industries.
Park-Ohio serves a broad customer base across various critical sectors. Its clients include companies in the automotive, construction equipment, aerospace, defense, and rail industries, as well as those involved in ferrous and non-ferrous metals, silicon, coatings, forging, and foundry operations. Through its diverse offerings, PKOH positions itself as a crucial supplier of both strategic services and specialized products to industrial manufacturers worldwide.
AI Analysis | Feedback
Like a diversified industrial manufacturer similar to a smaller Illinois Tool Works (ITW), but with an added focus on integrated supply chain management for its customers.
An industrial manufacturing and supply chain partner, operating similarly to Flex (FLEX) or Jabil (JBL) but specializing in mechanical and engineered components for diverse industries.
AI Analysis | Feedback
- Supply Chain Management Services: Provides Total Supply Management solutions, encompassing engineering, sourcing, logistics, and technical support for industrial components.
- Fasteners and Cold-Formed Products: Manufactures precision cold-formed and cold-extruded fasteners like locknuts, SPAC nuts, bolts, and wheel hardware.
- Manufactured Component Assemblies: Produces aluminum products, direct fuel injection fuel rails, fuel filler pipes, flexible multi-layer plastic/rubber assemblies, and turbo charging/coolant hoses.
- Industrial Components: Supplies various production components such as valves, fuel hose assemblies, electro-mechanical hardware, and aftermarket spare parts.
- Induction Heating and Melting Systems: Designs and manufactures advanced induction heating and melting systems for ferrous and non-ferrous metals and other materials.
- Pipe Threading Systems: Designs and manufactures specialized pipe threading systems.
- Forged and Machined Products: Manufactures forged and machined components primarily for the automotive, construction, and general industrial sectors.
- Mechanical Forging Presses: Engineers and installs mechanical forging presses for various industries.
- Aerospace & Defense Components: Provides structural components for aerospace and defense applications.
- Rail Products: Manufactures products for the rail industry, including railcar center plates and draft lugs.
- Machining & Design Engineering Services: Offers machining services along with value-added design engineering and part assembly for manufactured components.
AI Analysis | Feedback
Park-Ohio Holdings Corp. (PKOH) primarily sells its products and services to other businesses (Business-to-Business, or B2B) across a range of industrial sectors. While the company does not publicly disclose the names of its specific major customer companies, its operations are significantly focused on serving entities within the following key industries:
- Automotive Industry: PKOH supplies components such as aluminum products, direct fuel injection fuel rails and pipes, fuel filler pipes, flexible multi-layer plastic and rubber assemblies, turbo charging and coolant hoses, and fluid handling systems. It also provides engineered products and supply chain management solutions to this sector.
- Heavy-Duty Truck Industry: Similar to the automotive sector, Park-Ohio provides components and services to manufacturers of heavy-duty trucks.
- Aerospace and Defense Industry: The company offers structural components and supply chain management services to companies in the aerospace and defense sectors.
- Rail Industry: PKOH supplies rail products, including railcar center plates and draft lugs, to companies operating within the rail industry.
- Metals Processing and Manufacturing Industries: This broad category includes ferrous and non-ferrous metals, silicon, coatings, forging, and foundry industries. Park-Ohio designs and manufactures engineered products such as induction heating and melting systems, pipe threading systems, forged and machined products, and mechanical forging presses for these sectors.
- Construction Equipment Industry: The company provides engineered products and components to manufacturers of construction equipment.
Park-Ohio's business model involves providing critical components, capital equipment, and supply chain management outsourcing services to manufacturers and industrial entities within these sectors globally.
AI Analysis | Feedback
AI Analysis | Feedback
Matthew V. Crawford, Chairman, President and Chief Executive Officer
Mr. Matthew V. Crawford has served as Chairman, President, and Chief Executive Officer of Park-Ohio Holdings Corp. since May 10, 2018, and has been a director of the company since 1997. Prior to his current role, he held various positions within Park-Ohio, including President & Chief Operating Officer from 2003 to 2018, Senior Vice President from 2001 to 2003, and Assistant Secretary & Corporate Counsel from 1995 to 2001. Beyond Park-Ohio, Mr. Crawford has been President of The Crawford Group, a venture capital and management consulting firm, since 1995. He also serves as a Strategic Advisor for Resilience Capital Partners LLC, focusing on industrials, a role he has held since 2010. Additionally, he is a Director at Hickok, Inc. His father, Edward F. Crawford, also has a significant history with the company as a director and substantial shareholder.
Patrick W. Fogarty, Vice President, Chief Financial Officer and Principal Accounting Officer
Mr. Patrick W. Fogarty has been the Vice President and Chief Financial Officer of Park-Ohio Holdings Corp. since 2015, and also serves as its Principal Accounting Officer. He began his tenure with Park-Ohio in 1995. Before becoming CFO, he served as Director of Corporate Development from 1997 to 2015 and Director of Finance from 1995 to 1997. Mr. Fogarty's career prior to joining Park-Ohio included experience at Ernst and Young from 1983 to 1995. He notably led the company's 2023 portfolio actions, which included the sale of General Aluminum.
Robert D. Vilsack, Corporate Secretary, Chief Legal and Administrative Officer
Mr. Robert D. Vilsack serves as Corporate Secretary, Chief Legal and Administrative Officer of Park-Ohio Holdings Corp. He has held the positions of Secretary and Chief Legal Officer since 2002. His background includes extensive legal expertise gained from both private legal practice and the corporate sector.
AI Analysis | Feedback
Here are the key risks to Park-Ohio Holdings Corp.'s business:
-
Reliance on Cyclical Automotive and Heavy-Duty Truck Industries and the Transition to Electric Vehicles (EVs): A significant portion of Park-Ohio's business, particularly its Assembly Components segment, is tied to the automotive and heavy-duty truck sectors, making it vulnerable to downturns in these cyclical industries. The company manufactures components like direct fuel injection fuel rails, pipes, and fuel filler pipes, which are specific to internal combustion engines (ICE). The ongoing global shift towards electric vehicles could significantly impact demand for these traditional components if the company does not adapt its product offerings.
-
Vulnerability to General Economic Downturns and Industrial Market Volatility: Park-Ohio serves diverse industrial and manufacturing sectors through its Supply Technologies and Engineered Products segments. Consequently, its sales and profitability are materially affected by broader economic downturns, contractions in industrial activity, and general market uncertainty. Economic shifts, consumer spending patterns, and adverse credit market conditions can limit access to capital, affect customers' and suppliers' financial health, and lead to reduced orders or increased costs.
-
Exposure to Raw Material Price Volatility, Supply Chain Disruptions, and Inflationary Pressures: As a global manufacturer and supply chain management provider, Park-Ohio is highly susceptible to fluctuations in raw material costs, particularly for metals. Persistent inflationary pressures, labor shortages, increased wages, and geopolitical instability can drive up operating costs, disrupt global supply chains, and negatively impact profit margins across its segments.
AI Analysis | Feedback
The global automotive industry's accelerating transition to electric vehicles (EVs) poses a significant emerging threat to Park-Ohio's Assembly Components segment. This segment manufactures products such as direct fuel injection fuel rails and pipes, fuel filler pipes, turbocharging and coolant hoses, and fluid handling systems, which are primarily designed for internal combustion engine (ICE) vehicles. As demand for ICE vehicles declines and EV adoption increases, the market for these specific components will substantially diminish.
AI Analysis | Feedback
Park-Ohio (PKOH) operates in several addressable markets for its diverse range of products and services. Here are the estimated market sizes for their main offerings:
- Supply Chain Management Outsourcing Services: The global supply chain management (SCM) BPO market was valued at approximately US$ 39.87 billion in 2024 and is projected to reach US$ 79.99 billion by the end of 2033.
- Industrial Fasteners: The global industrial fasteners market size was estimated at USD 124.2 billion in 2024 and is expected to reach USD 173.8 billion by 2034. In North America, this market was estimated at USD 26.19 billion in 2025 and is projected to reach around USD 39.65 billion by 2035.
-
Automotive Components (including aluminum products, fuel injection fuel rails and pipes, and hoses):
- Automotive Aluminum Market: The global automotive aluminum market size was valued at USD 35.0 billion in 2025 and is projected to reach USD 63.8 billion by 2034.
- Automotive Fuel Systems Market: The global automotive fuel systems market size was estimated to be worth USD 63.5 billion in 2024 and is anticipated to reach USD 93.9 billion by 2035. Asia Pacific is expected to generate the highest demand.
- Automotive Hoses Market: The global automotive hose market was valued at USD 21.09 billion in 2024 and is projected to reach USD 31.61 billion by 2032. North America represents the largest market, holding approximately 40% of the global share.
- Induction Heating and Melting Systems: The global induction heating system market was estimated at USD 2.3 billion in 2025 and is expected to grow to USD 4.1 billion by 2035. Asia Pacific is the largest market, while Europe is the fastest-growing region.
- Forged and Machined Products (Metal Forging): The global metal forging market size was estimated at USD 94.38 billion in 2024 and is projected to reach USD 145.46 billion by 2030. Asia Pacific dominated this market, accounting for a 53.5% revenue share in 2024.
- Aerospace and Defense Structural Components: The global aerospace and defense components market grew from $71.97 billion in 2025 to $79.25 billion in 2026 and is projected to reach $111.52 billion in 2030. North America was the largest region in this market in 2025.
- Rail Products (Rail Components): The global rail components market is anticipated to rise from USD 87.96 billion in 2024 to USD 129.60 billion by 2033. Asia-Pacific accounts for 42% of the market share.
AI Analysis | Feedback
AI Analysis | Feedback
Share Issuance
- In 2024, Park-Ohio sold approximately 1 million shares of common stock, generating $30 million in proceeds which were used to reduce debt.
- In May 2025, shareholders approved an amendment to the 2021 Equity and Incentive Compensation Plan, making an additional 675,000 shares of common stock available for awards.
Outbound Investments
- Park-Ohio acquired NYK, a supplier of aerospace components, electrical connectors, and global supply chain solutions, in April 2021.
- In 2024, the company spent $11.0 million on the acquisition of EMA Indutec GmbH.
Capital Expenditures
- Capital expenditures totaled $40.3 million in 2025, with over $12 million specifically invested in information technology. These investments primarily supported growth initiatives and information technology across all three segments.
- Capital expenditures were approximately $20 million in 2024.
- The company consistently invests above maintenance capital levels, with over one-third of total capital expense directed towards growth projects, focusing on automation, IT upgrades, and vertical integration to enhance productivity and reduce the cost of service.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Park-Ohio Earnings Notes | 12/16/2025 | |
| With Park-Ohio Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 83.58 |
| Mkt Cap | 34.1 |
| Rev LTM | 13,564 |
| Op Inc LTM | 1,496 |
| FCF LTM | 852 |
| FCF 3Y Avg | 844 |
| CFO LTM | 1,197 |
| CFO 3Y Avg | 1,217 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.1% |
| Rev Chg 3Y Avg | 4.7% |
| Rev Chg Q | 8.7% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Inc Chg LTM | 1.8% |
| Op Inc Chg 3Y Avg | 5.4% |
| Op Mgn LTM | 12.5% |
| Op Mgn 3Y Avg | 13.0% |
| QoQ Delta Op Mgn LTM | 0.0% |
| CFO/Rev LTM | 10.6% |
| CFO/Rev 3Y Avg | 11.1% |
| FCF/Rev LTM | 8.3% |
| FCF/Rev 3Y Avg | 9.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Supply Technologies | 748 | 776 | 763 | 712 | 620 |
| Engineered Products | 471 | 482 | 468 | 393 | 336 |
| Assembly Components | 381 | 399 | 428 | 389 | 322 |
| Total | 1,599 | 1,656 | 1,660 | 1,493 | 1,277 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Supply Technologies | 72 | 75 | 59 | 46 | 43 |
| Assembly Components | 19 | 25 | 33 | 1 | -3 |
| Engineered Products | 7 | 18 | 19 | 15 | -12 |
| Corporate restructuring and other special charges | -0 | ||||
| Corporate expenses | -31 | -29 | -28 | -31 | -26 |
| Gain on sale of assets | 2 | 1 | 2 | 15 | |
| Other expense | -5 | ||||
| Total | 66 | 87 | 84 | 33 | 16 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Supply Technologies | 489 | 466 | 463 | 466 | 398 |
| Engineered Products | 466 | 469 | 462 | 437 | 415 |
| Assembly Components | 293 | 284 | 290 | 306 | 311 |
| Corporate | 171 | 146 | 126 | 121 | 114 |
| Assets held-for-sale by discontinued operations | 0 | 107 | 122 | ||
| Total | 1,420 | 1,365 | 1,341 | 1,437 | 1,360 |
Price Behavior
| Market Price | $37.51 | |
| Market Cap ($ Bil) | 0.5 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -4.0% | |
| 50 Days | 200 Days | |
| DMA Price | $34.18 | $25.90 |
| DMA Trend | up | up |
| Distance from DMA | 9.7% | 44.8% |
| 3M | 1YR | |
| Volatility | 43.9% | 44.5% |
| Downside Capture | 17.62 | 89.51 |
| Upside Capture | 171.68 | 171.30 |
| Correlation (SPY) | 25.1% | 37.7% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.75 | 1.01 | 0.90 | 1.00 | 1.37 | 1.18 |
| Up Beta | -1.65 | -0.39 | 0.98 | 1.00 | 1.41 | 1.25 |
| Down Beta | 1.81 | 1.03 | 1.11 | 1.46 | 1.37 | 1.13 |
| Up Capture | 227% | 249% | 169% | 165% | 240% | 178% |
| Bmk +ve Days | 11 | 24 | 40 | 67 | 140 | 429 |
| Stock +ve Days | 13 | 24 | 38 | 72 | 137 | 386 |
| Down Capture | 15% | 63% | -16% | 22% | 100% | 103% |
| Bmk -ve Days | 10 | 17 | 23 | 58 | 112 | 321 |
| Stock -ve Days | 7 | 16 | 24 | 52 | 113 | 361 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PKOH | |
|---|---|---|---|---|
| PKOH | 117.4% | 44.9% | 1.85 | - |
| Sector ETF (XLI) | 18.6% | 16.6% | 0.85 | 42.1% |
| Equity (SPY) | 19.2% | 12.6% | 1.12 | 37.5% |
| Gold (GLD) | 19.6% | 28.0% | 0.63 | 2.2% |
| Commodities (DBC) | 29.7% | 19.0% | 1.24 | -17.3% |
| Real Estate (VNQ) | 15.2% | 14.0% | 0.78 | 30.0% |
| Bitcoin (BTCUSD) | -46.6% | 42.9% | -1.34 | 20.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PKOH | |
|---|---|---|---|---|
| PKOH | 5.6% | 51.6% | 0.29 | - |
| Sector ETF (XLI) | 13.1% | 17.6% | 0.58 | 40.3% |
| Equity (SPY) | 12.6% | 17.1% | 0.57 | 35.3% |
| Gold (GLD) | 16.8% | 18.4% | 0.74 | 2.7% |
| Commodities (DBC) | 8.8% | 19.5% | 0.34 | 6.2% |
| Real Estate (VNQ) | 2.6% | 18.9% | 0.04 | 29.9% |
| Bitcoin (BTCUSD) | 14.0% | 53.5% | 0.44 | 11.3% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PKOH | |
|---|---|---|---|---|
| PKOH | 4.3% | 51.5% | 0.28 | - |
| Sector ETF (XLI) | 13.9% | 20.0% | 0.61 | 48.7% |
| Equity (SPY) | 15.1% | 17.9% | 0.72 | 41.9% |
| Gold (GLD) | 10.9% | 16.1% | 0.55 | 1.2% |
| Commodities (DBC) | 7.0% | 17.9% | 0.31 | 12.7% |
| Real Estate (VNQ) | 5.1% | 20.7% | 0.21 | 36.0% |
| Bitcoin (BTCUSD) | 57.9% | 66.2% | 0.98 | 12.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/9/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/6/2026 | 2.0% | -0.6% | 5.9% |
| 3/4/2026 | 4.4% | -4.4% | -10.1% |
| 11/5/2025 | -8.9% | -5.1% | 5.1% |
| 8/6/2025 | 12.6% | 27.3% | 31.6% |
| 5/6/2025 | -7.8% | -5.4% | -16.6% |
| 3/5/2025 | 3.6% | -6.4% | -11.1% |
| 11/6/2024 | -4.1% | -1.7% | -5.8% |
| 8/7/2024 | 5.6% | 5.1% | 5.0% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 15 | 13 | 12 |
| # Negative | 9 | 11 | 12 |
| Median Positive | 3.9% | 10.9% | 5.3% |
| Median Negative | -4.2% | -5.1% | -9.6% |
| Max Positive | 27.2% | 47.5% | 97.9% |
| Max Negative | -13.6% | -12.8% | -16.6% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/6/2026 | 2.0% | -0.6% | 5.9% |
| 3/4/2026 | 4.4% | -4.4% | -10.1% |
| 11/5/2025 | -8.9% | -5.1% | 5.1% |
| 8/6/2025 | 12.6% | 27.3% | 31.6% |
| 5/6/2025 | -7.8% | -5.4% | -16.6% |
| 3/5/2025 | 3.6% | -6.4% | -11.1% |
| 11/6/2024 | -4.1% | -1.7% | -5.8% |
| 8/7/2024 | 5.6% | 5.1% | 5.0% |
| 4/29/2024 | 3.9% | 4.7% | 4.5% |
| 3/5/2024 | -6.9% | -6.4% | 0.5% |
| 11/1/2023 | 21.3% | 6.7% | 5.5% |
| 8/2/2023 | -0.6% | -5.0% | -4.3% |
| 5/3/2023 | 14.4% | 18.0% | 31.2% |
| 3/15/2023 | -3.8% | -10.4% | -4.1% |
| 11/7/2022 | 3.6% | 12.1% | 0.3% |
| 8/2/2022 | -4.2% | 1.4% | -13.1% |
| 5/9/2022 | 27.2% | 47.5% | 97.9% |
| 3/15/2022 | 1.7% | 0.3% | -15.4% |
| 11/2/2021 | 2.1% | 2.4% | -13.0% |
| 8/3/2021 | -13.6% | -12.8% | -9.1% |
| 5/4/2021 | 0.2% | -3.2% | -0.4% |
| 3/2/2021 | 10.9% | 10.9% | -9.1% |
| 11/3/2020 | -1.3% | 23.2% | 36.3% |
| 8/4/2020 | 1.6% | 26.6% | 4.7% |
| SUMMARY STATS | |||
| # Positive | 15 | 13 | 12 |
| # Negative | 9 | 11 | 12 |
| Median Positive | 3.9% | 10.9% | 5.3% |
| Median Negative | -4.2% | -5.1% | -9.6% |
| Max Positive | 27.2% | 47.5% | 97.9% |
| Max Negative | -13.6% | -12.8% | -16.6% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 04/30/2024 | 10-Q |
| 12/31/2023 | 03/06/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/07/2026 | 10-Q |
| 12/31/2025 | 03/05/2026 | 10-K |
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/07/2025 | 10-Q |
| 12/31/2024 | 03/06/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 04/30/2024 | 10-Q |
| 12/31/2023 | 03/06/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 03/16/2023 | 10-K |
| 09/30/2022 | 11/08/2022 | 10-Q |
| 06/30/2022 | 08/03/2022 | 10-Q |
| 03/31/2022 | 05/10/2022 | 10-Q |
| 12/31/2021 | 03/16/2022 | 10-K |
| 09/30/2021 | 11/03/2021 | 10-Q |
| 06/30/2021 | 08/04/2021 | 10-Q |
| 03/31/2021 | 05/05/2021 | 10-Q |
| 12/31/2020 | 03/05/2021 | 10-K |
| 09/30/2020 | 11/04/2020 | 10-Q |
| 06/30/2020 | 08/05/2020 | 10-Q |
| 03/31/2020 | 05/07/2020 | 10-Q |
| 12/31/2019 | 03/12/2020 | 10-K |
| 09/30/2019 | 11/05/2019 | 10-Q |
| 06/30/2019 | 08/08/2019 | 10-Q |
Recent Forward Guidance
Updated 7/12/2026Latest: Q1 2026 Earnings Reported 5/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales | 1.68 Bil | 1.69 Bil | 1.71 Bil | 0 | Affirmed | Guidance: 1.69 Bil for 2026 | |
| 2026 Adjusted EPS | 2.9 | 3.05 | 3.2 | 0 | Affirmed | Guidance: 3.05 for 2026 | |
| 2026 EBITDA (as defined) | 0.08 | 0.09 | 0.09 | 0 | Affirmed | Guidance: 0.09 for 2026 | |
| 2026 Free Cash Flow | 20.00 Mil | 25.00 Mil | 30.00 Mil | 0 | Affirmed | Guidance: 25.00 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 3/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| 2026 Net Sales | 1.68 Bil | 1.69 Bil | 1.71 Bil | 5.1% | Higher New | Guidance: 1.61 Bil for 2025 | |
| 2026 Revenue Growth | 5.0% | 6.0% | 7.0% | ||||
| 2026 Adjusted EPS | 2.9 | 3.05 | 3.2 | 8.9% | Higher New | Guidance: 2.8 for 2025 | |
| 2026 EBITDA Margin | 8.0% | 8.5% | 9.0% | ||||
| 2026 Free Cash Flow | 20.00 Mil | 25.00 Mil | 30.00 Mil | 66.7% | Higher New | Guidance: 15.00 Mil for 2025 | |
Q3 2025 Earnings Reported 11/5/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2025 Free Cash Flow | 45.00 Mil | 50.00 Mil | 55.00 Mil | ||||
| 2025 Net Sales | 1.60 Bil | 1.61 Bil | 1.62 Bil | -1.5% | Lowered | Guidance: 1.64 Bil for 2025 | |
| 2025 Adjusted EPS | 2.7 | 2.8 | 2.9 | -8.2% | Lowered | Guidance: 3.05 for 2025 | |
| 2025 Free Cash Flow | 10.00 Mil | 15.00 Mil | 20.00 Mil | -40.0% | Lowered | Guidance: 25.00 Mil for 2025 | |
Insider Activity
Updated 7/14/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Vilsack, Robert D | Secretary & CLO | Direct | Sell | 6302026 | 38.42 | 2,290 | 87,980 | 7,078,690 | Form |
| 2 | Vilsack, Robert D | Secretary & CLO | Direct | Sell | 6302026 | 38.45 | 6,404 | 246,212 | 7,171,803 | Form |
| 3 | Grampa, John D | Direct | Sell | 6232026 | 36.23 | 4,844 | 175,503 | 522,523 | Form | |
| 4 | Auletta, Patrick V | Direct | Sell | 5122026 | 30.66 | 5,825 | 178,572 | 267,689 | Form | |
| 5 | Hanna, Howard W IV | Direct | Sell | 3182026 | 24.80 | 2,600 | 64,469 | 533,113 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Vilsack, Robert D | Secretary & CLO | Direct | Sell | 6302026 | 38.42 | 2,290 | 87,980 | 7,078,690 | Form |
| 2 | Vilsack, Robert D | Secretary & CLO | Direct | Sell | 6302026 | 38.45 | 6,404 | 246,212 | 7,171,803 | Form |
| 3 | Grampa, John D | Direct | Sell | 6232026 | 36.23 | 4,844 | 175,503 | 522,523 | Form | |
| 4 | Auletta, Patrick V | Direct | Sell | 5122026 | 30.66 | 5,825 | 178,572 | 267,689 | Form | |
| 5 | Hanna, Howard W IV | Direct | Sell | 3182026 | 24.80 | 2,600 | 64,469 | 533,113 | Form | |
| 6 | Hanna, Howard W IV | Direct | Sell | 3182026 | 25.05 | 2,400 | 60,109 | 603,598 | Form | |
| 7 | Romney, Ronna | Direct | Sell | 3162026 | 24.51 | 2,000 | 49,016 | 660,341 | Form | |
| 8 | Romney, Ronna | Direct | Sell | 12032025 | 20.29 | 2,975 | 60,362 | 587,270 | Form | |
| 9 | Clarke, Andrew C | Direct | Buy | 11132025 | 19.75 | 600 | 11,850 | 304,229 | Form | |
| 10 | Romney, Ronna | Direct | Sell | 8182025 | 19.38 | 3,270 | 63,383 | 618,689 | Form | |
| 11 | Crawford, Matthew V | CEO, COB, President | Direct | Buy | 8142025 | 20.04 | 4,167 | 83,513 | 18,262,569 | Form |
| 12 | Crawford, Matthew V | CEO, COB, President | Direct | Buy | 8142025 | 20.05 | 4,101 | 82,213 | 18,184,181 | Form |
Industry Resources
| Industrials Resources |
| IndustryWeek |
| Manufacturing.net |
| Aviation Week |
| Industrial Machinery & Supplies & Components Resources |
| Machine Design |
| Modern Machine Shop |
| Industrial Equipment News (IEN) |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.