PKOHPark-Ohio Holdings Corp.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -79% · now 8% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can PKOH take a bad year?
Park-Ohio Holdings Corp. carries $618M of net debt at 5.90× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.90×
Net debt / EBITDA · 5.63× a year ago · the load is going up
- Interest cover
- 1.43×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 44%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $666M
- Cash and short-term investments
- $48M
- Net debt
- $618M
- EBITDA, trailing twelve months
- $105M
- Operating profit, trailing twelve months
- $72M
- Debt / equity
- 1.70×
- Total debt / EBITDA
- 6.36×
- Annualised volatilitytwo years of daily moves
- 44%
- Worst drawdown on file
- −79%
- Below its 52-week high
- 7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Industrial Machinery
Ranks #18 of 33 by RyuScore