Forensic Analysis · Industrials / Manufacturing / Defense · as of Aug 11, 2026
Park Ohio Holdings Corp (PKOH)
A forensic read on Park Ohio Holdings Corp built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Safe
Financial health
3.9
Distress distance
Clean
Earnings quality
6
Forensic signals
30.7
P / E (ttm)
6.2%
ROE
$713M
Market cap
1.08%
Dividend yield
-3.4%
Revenue growth
This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (red flags, auditor quality, say on pay, board independence). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.
Park Ohio Holdings Corp earns a D (Weak — demands caution) forensic quality grade, and its balance-sheet distress test reads 3.9, placing it in the Safe zone. 6 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
5.8%
FY2025
Return on invested capital.Return on invested capital is 5.8% in the latest fiscal year and rising from 3% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+4.6%/yr
FY2022–FY2025
Share-count dilution.Diluted share count changed +15% over the last 3 years to FY2025 (+4.6%/yr). The count is growing: more stock was issued than repurchased over this window, so aggregate results grew faster than their per-share equivalents. That's ~4.6% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~13%.
0.3% of rev
FY2025
Stock-based comp load.Stock-based compensation ran 0.3% of revenue and 275% of free cash flow in FY2025 — about $0.39 per diluted share. The cost of it is not in the cash flow — no cash left the business — it is in the count: holders gave up about 4.7% of the company a year, and that rate is not falling. That is the figure to weigh, not the share of free cash flow.
116d
FY2024→FY2025
Inventory days.Days inventory outstanding moved from 111 to 116 FY2024→FY2025 (against cost of goods sold; inventory -0% vs -3% in cost of sales). Inventory is building a little faster than sales — watch for markdowns.
390% of FCF
FY2025
Shareholder returns.Returned $8M to shareholders (buybacks + dividends) in FY2025 — 390% of free cash flow, but 18% of operating cash flow. Returns run ahead of free cash flow because the business is also funding heavy growth capex (usually debt-financed); the payout itself is covered by operating cash — sustainable as long as that spending is genuine expansion, not upkeep. Counting the $6M of stock-based comp paid out in shares on top of that, the combined claim on free cash flow is 665%.
Key fundamentals
Latest Revenue$1.60B
Revenue Growth YoY-3.4%
Revenue CAGR (3yr)+2.3%
Net Margin1.5%
Free Cash Flow$2.0M
Return on Equity6.2%
Debt / Equity1.67x
The forensic grade and screens above are free — no account needed. Want the AI investment read on top — the 0–100 rating, thesis, bull-vs-bear, red flags and the 12-month scenario, written from Park Ohio Holdings Corp's actual 10-K/10-Q/8-K filings?
Data from SEC EDGAR public filings · metrics as of Aug 11, 2026. Forensic signals flag probability, not certainty.
$5M
FY2021–FY2021
Goodwill impairments.Took $5M of goodwill writedowns across 1 year (FY2021 ($5M)). Writedowns mean past acquisitions underperformed what was paid for them.
Park Ohio Holdings Corp (PKOH) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy