PKOHNasdaqMetal Forgings & StampingsUS GAAP · USD

Park-Ohio Holdings Corp

Park-Ohio Holdings Corp. is a U.S.-based diversified industrial company organized around supply chain management, engineered capital equipment, and manufactured components. Through its operating segments, it serves customers in automotive, heavy-duty truck, aerospace, industrial, and other manufacturing markets across North America and international locations.

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Revenue1,599m USD
−3.4 %y/y
Operating profit (EBIT)66.3m USD
−23.4 %y/y
EBIT margin4.1%
−1.1 ppy/y
Net income23.8m USD
−25.2 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05001,0001,5002,000m USD2020: 1,295 m USD2020: EBIT 19 m USD20202021: 1,438 m USD2021: EBIT 16 m USD20212022: 1,493 m USD2022: EBIT 33 m USD20222023: 1,660 m USD2023: EBIT 84 m USD20232024: 1,656 m USD2024: EBIT 87 m USD20242025: 1,599 m USD2025: EBIT 66 m USD20251,59966
RevenueOperating profit (EBIT)
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Business

Share of revenue
Supply Technologies42 %

Sourcing, procurement, inventory management, and supply chain outsourcing for production components and MRO items.

Assembly Components21 %

Engineered assemblies and fluid-handling components for vehicle and industrial applications.

Engineered Products27 %

Capital equipment and highly engineered industrial systems, plus forged and machined products.

Industrial Distribution and Specialty Products10 %

Wholesale industrial products and customer-specific sourced components sold through supply relationships.

Customers

Park-Ohio sells to manufacturers that need outsourced sourcing, engineered assemblies, or production equipment for their own plants and product lines. Its customer base includes automotive, heavy-duty truck, aerospace, industrial equipment, steel, rail, oil and gas, electrical, appliance, HVAC, and semiconductor equipment markets. Many relationships are sole-source or purchase-order based, so customer concentration and end-market cyclicality are central to the business model.

Automotive and vehicle parts manufacturers

Buy fasteners, fuel rails, fuel filler assemblies, and other components used in vehicle production and powertrain systems.

Industrial and manufacturing customers

Buy Total Supply Management services and production components to reduce procurement complexity and inventory burden.

Heavy-duty truck and aerospace customers

Buy precision fasteners and engineered components that require high quality and specification compliance.

Capital equipment buyers

Buy induction heating, melting, forging, and pipe-threading systems for production lines and plant operations.

Multinational manufacturing facilities

Buy through global supply relationships where Park-Ohio supports plants across multiple countries.

Strategy

Park-Ohio’s strategy centers on embedding itself in customer operations through outsourced supply chain management, sole-source component relationships, and engineered products tailored to production lines. It also invests in capacity, information systems, and selective acquisitions to support growth in its industrial and manufacturing end markets. The business model depends on technical capability, delivery reliability, and global manufacturing reach.

Deepen outsourced supply chain relationshipsMedium term

Sole-source and long-duration customer relationships improve stickiness and reduce switching.

Grow engineered and capital equipment capacityMedium term

Capacity and systems investments support future demand in higher-complexity businesses.

Maintain global manufacturing and sourcing footprintLong term

International facilities help serve multinational customers and diversify production locations.

Geography

Q2/2026

Park-Ohio is headquartered in the United States and operates a mix of domestic and international facilities. The company manufactures and sources across North America, Europe, and Asia, with Engineered Products operating 13 domestic facilities and 19 international facilities in countries including Canada, Mexico, the United Kingdom, Belgium, Germany, China, Italy, India, Japan, Spain, France, and Brazil. Geography matters because customer demand, sourcing, and manufacturing footprints are tied to local industrial activity and cross-border supply chains.

United States59 %
Europe17 %
Asia10 %
Mexico9.3 %
Canada3.4 %
Other countries (US filing)1.0 %

Share of the revenue the company reports by geography.

Risks

Park-Ohio is exposed to cyclical industrial demand, customer concentration, and the operational complexity of serving global manufacturing customers. Its businesses also face pricing pressure, supply chain disruption, trade/tariff exposure, product liability, cybersecurity risk, and dependence on key executives and key customers. Because many sales are purchase-order based or sole-source, demand can change quickly if customer production slows or relationships are lost.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Cyclical industrial demand1Customer concentration2Purchase-order and sole-source dependence3Trade, tariff, and international sourcing exposure4Cybersecurity and systems disruption5Product liability and quality risk6
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Cyclical industrial demandImpact: HighLikelihood: Medium

    Sales depend on manufacturing activity in automotive, truck, aerospace, and industrial markets.

    ExposureAll segmentsEspecially Supply TechnologiesEngineered Products
  2. Customer concentrationImpact: HighLikelihood: Medium

    A small number of customers account for a meaningful share of segment sales.

    Exposure: Assembly Components and Supply Technologies

  3. Purchase-order and sole-source dependenceImpact: HighLikelihood: Medium

    Many customers are not contractually obligated to buy minimum volumes.

    Exposure: Supply Technologies

  4. Trade, tariff, and international sourcing exposureImpact: MediumLikelihood: High

    The company manufactures and sources across multiple countries and serves multinational customers.

    ExposureNorth AmericaEuropeAsia operations
  5. Cybersecurity and systems disruptionImpact: MediumLikelihood: Medium

    Operations rely on customized information systems and connected supply chain processes.

    Exposure: Enterprise-wide

  6. Product liability and quality riskImpact: MediumLikelihood: Low

    Designed and manufactured components can create claims if they fail in use.

    Exposure: Assembly Components and Engineered Products

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Accounting

Judgemental items
Revenue recognition

Some contracts are recognized on shipment while others are recognized over time using input methods.

Impact: Affects revenue timing, gross margin, and quarterly comparability

Inventory reserves

The company must estimate allowances for obsolete and slow-moving inventory.

Impact: Can materially affect cost of sales and working capital

Seasonality and shipment timing

Capital equipment orders ship in uneven patterns, creating quarterly swings.

Impact: Makes interim results less comparable across quarters

Debt and refinancing costs

Senior notes and credit facilities create interest expense and refinancing accounting considerations.

Impact: Affects financing cash flows and net income

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Last updated: 24/09/2026