Park-Ohio Holdings Corp. (PKOH) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6065 PARKLAND BLVD. CLEVELAND, OH 44124 |
| State of Incorp. | OH |
| Fiscal Year End | December 31 |
| Industry (SIC) | 346 - Metal Forgings And Stampings (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 55 | 58 | 54 | 55 | 56 | 56 | |||
| Cash and cash equivalent | 55 | 58 | 54 | 55 | 56 | 56 | |||
| Receivables | 260 | 299 | 304 | 300 | 318 | 325 | |||
| Inventory, net of allowances, customer advances and progress billings | 411 | 407 | 383 | 311 | 327 | 318 | |||
| Inventory | 411 | 407 | 383 | 311 | 327 | 318 | |||
| Disposal group, including discontinued operation | 107 | ||||||||
| Other current assets | 95 | 33 | 28 | 36 | 20 | 16 | |||
| Other undisclosed current assets | 4 | 29 | 7 | 6 | 5 | 6 | |||
| Total current assets: | 824 | 932 | 776 | 706 | 726 | 721 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 22 | 23 | 26 | 28 | 27 | ✕ | |||
| Operating lease, right-of-use asset | 45 | 55 | 63 | 69 | 64 | ✕ | |||
| Property, plant and equipment | 219 | ||||||||
| Intangible assets, net (including goodwill) | 184 | 188 | 188 | 198 | 199 | 199 | |||
| Goodwill | 110 | 109 | 106 | 111 | 108 | 103 | |||
| Intangible assets, net (excluding goodwill) | 73 | 79 | 82 | 87 | 91 | 95 | |||
| Other noncurrent assets | 28 | 17 | 18 | 16 | 19 | 13 | |||
| Other undisclosed noncurrent assets | 238 | 222 | 289 | 283 | 276 | 57 | |||
| Total noncurrent assets: | 516 | 504 | 585 | 594 | 585 | 488 | |||
| TOTAL ASSETS: | 1,341 | 1,437 | 1,360 | 1,301 | 1,310 | 1,209 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 312 | 263 | 274 | 195 | 201 | 205 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 28 | 28 | 26 | 28 | ||
| Accounts payable | 204 | 221 | 194 | 167 | 175 | 178 | |||
| Accrued liabilities | 108 | 42 | 52 | ||||||
| Deferred revenue | 53 | 52 | 37 | 36 | ✕ | ||||
| Debt | 9 | 11 | 11 | 12 | 17 | 18 | |||
| Disposal group, including discontinued operation | 44 | ||||||||
| Contract with customer, liability | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 40 | ||
| Other undisclosed current liabilities | 42 | 79 | 13 | 63 | 52 | 36 | |||
| Total current liabilities: | 364 | 449 | 349 | 307 | 305 | 299 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 13 | 14 | 61 | 575 | 599 | 562 | |||
| Long-term debt, excluding current maturities | 518 | 545 | 548 | ||||||
| Capital lease obligations | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 14 | ||
| Finance lease, liability | 13 | 14 | 11 | ✕ | |||||
| Liabilities, other than long-term debt | 54 | 65 | 44 | 61 | 57 | 26 | |||
| Deferred income tax liabilities | 9 | 11 | 32 | 37 | 29 | ✕ | |||
| Other liabilities | 10 | 11 | 12 | 24 | 29 | 26 | |||
| Operating lease, liability | 34 | 44 | 51 | 57 | 54 | ✕ | |||
| Other undisclosed noncurrent liabilities | 621 | 641 | 581 | 9 | |||||
| Total noncurrent liabilities: | 687 | 720 | 686 | 636 | 656 | 597 | |||
| Total liabilities: | 1,051 | 1,169 | 1,035 | 943 | 961 | 896 | |||
| Equity | |||||||||
| Equity, attributable to parent | 280 | 257 | 314 | 344 | 336 | 299 | |||
| Common stock | 17 | 17 | 16 | 16 | 16 | 16 | |||
| Treasury stock, value | (89) | (87) | (85) | (80) | (71) | (67) | |||
| Additional paid in capital | 156 | 150 | 143 | 136 | 130 | 126 | |||
| Accumulated other comprehensive loss | (44) | (62) | (19) | (18) | (37) | (41) | |||
| Retained earnings | 240 | 239 | 259 | 291 | 298 | 266 | |||
| Equity, attributable to noncontrolling interest | 10 | 11 | 11 | 14 | 14 | 14 | |||
| Total equity: | 290 | 268 | 325 | 358 | 350 | 313 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,341 | 1,437 | 1,360 | 1,301 | 1,310 | 1,209 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,660 | 1,493 | 1,438 | 1,295 | 1,618 | 1,658 | ||
| Cost of revenue (Cost of Product and Service Sold) | (1,388) | (1,282) | (1,282) | (1,127) | (1,358) | (1,387) | ||
| Gross profit: | 271 | 211 | 156 | 169 | 260 | 272 | ||
| Operating expenses | (181) | (160) | (168) | (153) | (177) | (174) | ||
| Other operating expense, net (Other Expenses) | ||||||||
| Other undisclosed operating loss | (7) | (17) | ||||||
| Operating income (loss): | 84 | 33 | (12) | 16 | 83 | 97 | ||
| Nonoperating income (Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component) | 3 | 11 | 10 | 7 | 6 | 9 | ||
| Interest and debt expense | (45) | (34) | (30) | (30) | (34) | (34) | ||
| Income (loss) from continuing operations before income taxes: | 42 | 11 | (33) | (7) | 55 | 72 | ||
| Income tax expense (benefit) | (9) | 1 | 7 | 3 | (15) | (17) | ||
| Income (loss) from continuing operations: | 33 | 11 | (26) | (5) | 40 | 55 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (26) | (5) | 40 | 55 | |
| Other undisclosed net loss | (26) | (24) | ||||||
| Net income (loss): | 7 | (13) | (26) | (5) | 40 | 55 | ||
| Net income (loss) attributable to noncontrolling interest | 1 | (1) | 1 | 0 | (1) | (2) | ||
| Net income (loss) available to common stockholders, diluted: | 8 | (14) | (25) | (5) | 39 | 54 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 7 | (13) | (26) | (5) | 40 | 55 | ||
| Other comprehensive income (loss) | 18 | (43) | (1) | 19 | 4 | (23) | ||
| Comprehensive income (loss): | 25 | (56) | (27) | 14 | 44 | 32 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 1 | (1) | 1 | 0 | (1) | (2) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 26 | (57) | (26) | 14 | 43 | 31 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.