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ParkOhio Reports Fourth Quarter 2025 Results, including Strong Free Cash Flow; Transformation Initiatives Position Company for Growth Across Infrastructure, Power Management and Aerospace and Defense Markets in 2026
CLEVELAND, OHIO--(BUSINESS WIRE)-- Park-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2025. “We will
About this update from Park-ohio Holdings Corp.
[{"type":"text","content":" CLEVELAND, OHIO--(BUSINESS WIRE)--\nPark-Ohio Holdings Corp. (NASDAQ: PKOH) today announced its results for the fourth quarter and full year 2025.\n\n\n“We will look back on 2025 as a pivotal year in implementing our long-term strategy, which is built around three core principles. First, reshaping our industrial portfolio around our most competitive products and services to drive more durable growth and operating leverage. Second, allocating capital toward productivity-enhancing tools, including vertical integration, automation and information systems to improve execution and support organic growth across our Supply Technologies, Assembly Components and Engineered Products segments. Lastly, strengthening our ability to generate consistent cash flow and improve predictability over time.\n\n\n“As we enter 2026, we are increasingly aligned with powerful secular trends including electrical infrastructure modernization, data center expansion, aerospace and defense investment, semiconductor production and advanced manufacturing. Our record bookings, expanding backlog and ongoing operational improvements position us to participate meaningfully in these markets as we return to growth and execute on our margin improvement objectives,” said Matthew V. Crawford, Chairman and Chief Executive Officer.\n\n\nFourth Quarter 2025 Highlights\n\n\n\nRevenue of $395.0 million, compared to $388.4 million in the fourth quarter of 2024, up 2% year-over-year.\n\n\n\nGAAP EPS of $0.11 from continuing operations, reflecting non-cash asset impairment charges of $8.9 million in Engineered Products; Adjusted EPS of $0.65.\n\n\n\nOperating cash flow of $49 million and free cash flow of $36 million; reduced borrowings under our revolving credit facility by $40 million during the quarter.\n\n\n\nEBITDA (as defined) of $35 million; EBITDA margin of 8.9%.\n\n\n\nFourth Quarter 2025 Segment Highlights\n\n\n\nSupply Technologies – Revenue of $187.1 million compared to $181.8 million in the fourth quarter of 2024, up 3%. Sales growth year-over-year occurred in the electrical distribution market for data center expansion, as well as in powersports, semiconductor and commercial aerospace end markets. Operating margins improved to 11.1%, an increase of 240 basis points year-over-year, reflecting ongoing investments in information management tools, automation and AI-e...