Park-ohio ( (PKOH) ) has released its Q3 earnings. Here is a breakdown of the information Park-ohio presented to its investors.
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Park-Ohio Holdings Corp., headquartered in Cleveland, Ohio, is a diversified international company that provides supply chain management outsourcing services, capital equipment for production lines, and manufactured components for assembly. The company operates in the industrial sector with three main segments: Supply Technologies, Assembly Components, and Engineered Products.
In its third-quarter report for 2025, Park-Ohio reported stable financial results amidst a mixed industrial environment. The company highlighted consistent revenue and EBITDA, resilient margins, and significantly improved cash flow. The demand from key markets such as electrical, semiconductor, heavy-duty truck, and defense remained strong, providing a positive outlook for future business.
Key financial metrics for the quarter included a revenue of $399 million, which remained flat sequentially but was down 5% year-over-year. The company achieved an EBITDA of $34 million with an 8.6% margin. Adjusted earnings per share stood at $0.65, while operating cash flow was $17 million, and free cash flow improved by $28 million sequentially to $7 million. The backlog increased by 28% from the previous year-end, driven by demand in defense, infrastructure, and electrification.
Segment-wise, Supply Technologies saw revenue of $186 million with improved margins due to cost discipline and pricing strategies. Assembly Components maintained stable volumes with significant new business expected through 2026. Engineered Products reported a backlog of $185 million, reflecting robust demand in defense and infrastructure sectors.
Looking ahead, Park-Ohio’s management remains optimistic about the company’s prospects, with expectations of stable performance and meaningful cash generation to reduce debt. The company is well-positioned to benefit from structural growth drivers such as manufacturing reshoring, infrastructure, and defense spending, alongside electrification trends, as it focuses on margin expansion and stronger free cash flow into 2026.