| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 398.60 | 0.4% | 4.5% |
| Total Income | 398.60 | 0.4% | 4.5% |
| Expenditure | 381.30 | 0.3% | 3.2% |
| PBT | 4.50 | 57.9% | 64.3% |
| Net Profit | 5.30 | 42.4% | 45.9% |
| OPM | 4.34% | 0.68pp | 1.31pp |
| NPM | 1.33% | 0.97pp | 1.02pp |
| EPS | 0.39 | 41.8% | 48.0% |
Park-Ohio Reports Stable Q3 2025 Results, Strong Backlog
04 May 2026 · 4 May, 8:04 am
Summary
Park-Ohio Holdings Corp. announced stable third-quarter 2025 results, with revenue at $399 million, flat sequentially but down 5% year-over-year. EBITDA was $34 million, with an 8.6% margin. The company reported improved free cash flow and a strong backlog of $185 million, up 28% from year-end 2024. Management anticipates stable performance for the remainder of 2025, highlighted by significant cash generation to reduce debt.
Key Highlights
- 1
Park-Ohio Holdings Corp. reported revenue of $399 million for the third quarter of 2025, which remained flat sequentially but decreased by 5% year-over-year.
- 2
The company's EBITDA for Q3 2025 was $34 million, resulting in an EBITDA margin of 8.6%.
- 3
GAAP EPS from continuing operations was $0.39, while adjusted EPS reached $0.65 for the third quarter.
- 4
Operating cash flow was $17 million, and free cash flow improved sequentially by $28 million to $7 million.
- 5
Backlog increased by 28% from year-end 2024 to $185 million, driven by strength in defense, infrastructure, and electrification demand.
- 6
Supply Technologies' adjusted margins improved sequentially to 9.9% due to cost discipline and pricing, with revenue at $186 million.
- 7
Engineered Products reported a backlog totaling $185 million, up 28% year-to-date, with strength in defense, infrastructure, and electrical-steel markets; revenue was $116 million.
Management Comments
Matthew V. Crawford
“Our third quarter results reflected solid execution and good cash flow during a mixed but stable industrial environment. Revenue and EBITDA were consistent sequentially, margin remained resilient, and cash flow continues to improve meaningfully in the back half of the year. Demand trends from several of our end markets — particularly electrical, semiconductor, heavy-duty truck and defense — remain encouraging. New business launches and backlog combined with record bookings in Engineered Products provide good visibility into 2026. While interest expense from our refinancing modestly impacted earnings, this action strengthened our balance sheet and will help us to complete our transformation into a higher growth, higher margin more predictable company.” “Our outlook for the remainder of 2025 is stable and will be highlighted by meaningful cash generation to reduce debt,”
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