Filing Flows › Park Ohio Holdings (PKOH) › Q1 2025
Park Ohio Holdings (PKOH) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Park Ohio Holdings (PKOH) reported revenue of $405M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +4% from the quarter before. Operating margin was 4.7%, net earnings $8.3M (2.0% of revenue).
Park Ohio Holdings, Q1 2025: revenue $405M (-3% year over year), operating margin 4.7%, net earnings $8.3M, operating cash flow −$10.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $405M | +4% | -3% |
| Gross profit | $68.1M | — | -5% |
| Operating profit | $18.9M | +31% | -21% |
| Net earnings | $8.3M | 17× | -14% |
| Operating cash flow | −$10.0M | — | — |
What changed
Revenue was $405.4M in Q1 2025, down 3% year over year and up 4% from the previous quarter. Supply Technologies Segment was the largest line at 46% of revenue. Assembly Components lost $10.3M year over year (down 10%), 84% of the total change.
Gross margin was 16.8%, down 0.3 points from a year earlier. Operating profit was $18.9M, a 4.7% margin (down 1.1 points year over year). Operating expenses grew 4% against a revenue fall of 3%. The fastest-growing cost line was Other operating costs (+233%). Net earnings were $8.3M, down 14% year over year ($7.6M including minority interests, which bore $700K of losses). The effective tax rate was 20.0%.
Operating cash flow was −$10.0M. Non-cash charges added back $8.3M of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items used $27.4M. Capital expenditures of $9.5M exceeded it, leaving free cash flow of −$19.5M.
Questions
What was Park Ohio Holdings' revenue in the first quarter 2025?
Park Ohio Holdings (PKOH) reported revenue of $405M for the first quarter 2025 (Q1 2025), -3% from a year earlier and +4% from the quarter before.
Was Park Ohio Holdings profitable in the first quarter 2025?
Operating profit was $18.9M (4.7% of revenue) and net earnings $8.3M.
Source: Park Ohio Holdings 10-Q on SEC EDGAR.