PKOHPark-Ohio Holdings Corp.
Is the business good?
A genuinely good business: earnings fully cash-backed (1.1×) and margins widening.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Operating profit is falling even as sales grow, costs are outrunning the top line.
A balanced mix of margins, efficiency, and leverage. ROE 6% = margin × turnover × leverage.
Unless marked, from derived.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is PKOH?
Park-Ohio Holdings Corp. earns 5.6% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
Return on invested capital · cost of capital 9.0% · 3.4 points below what the capital costs: growth destroys value
- Operating margin
- 4.3%
Operating margin · Specialty Industrial Machinery median 14% · 12 months to Q2 2026
- Cash conversion
- 1.06×
Cash conversion · 0.16× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- +1.4%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2020 | 1.6% |
| FY2021 | 1.3% |
| FY2022 | 2.2% |
| FY2023 | 5.1% |
| FY2024 | 5.2% |
| FY2025 | 4.2% |
Details›
- Gross margin12 months to Q2 2026
- 17%
- Operating margin12 months to Q2 2026
- 4.3%
- Net margin12 months to Q2 2026
- 1.6%
- Free cash flow margin
- 1.2%
- Revenue, trailing twelve months
- $1.65B
- Free cash flow, trailing twelve months
- $21M
- Net income, trailing twelve months
- $27M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 5.6%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Specialty Industrial Machinery
Ranks #18 of 33 by RyuScore