Park-Ohio Holdings Corp (NAS:PKOH)

Q2 2026 Park Ohio Holdings Corp Earnings Call Transcript

Aug 6, 2026 / 01:00 PM GMT

Release Date Price: $46.51 (+11.78%)

Transcript 8-K

Key Points

Positve

Record consolidated revenues of $440 million, up 10% year-over-year, with record sales in both Supply Technologies and Engineered Products segments.
Gross margin improved 90 basis points to 17.9%, and operating income increased 22% year-over-year.
Strong demand across key end markets including semiconductor, AI data center, aerospace and defense, and electrical infrastructure, with Supply Technologies seeing a 29% increase in semiconductor, electrical, and AI data center sales.
Engineered Products segment operating income improved 50% year-over-year, driven by strong sales and improved performance, with new equipment bookings up 19% year-to-date.
Company raised full-year 2026 guidance for net sales, adjusted EPS, and EBITDA margin, reflecting confidence in continued growth.
Cash flow from operations improved by $23 million year-over-year, driven by higher income and working capital reduction efforts.

Negative

SG&A expenses increased to 12.1% of sales from 11.7% a year ago, due to inflation, personnel costs, and support for higher sales levels.
Interest expense rose by $1.1 million year-over-year due to higher rates on refinanced senior secured notes.
Southwest Steel processing business is expected to generate a net loss of approximately $0.50 per diluted share in 2026, negatively impacting overall results.
The strategic review of Southwest Steel may result in a sale or other transaction, creating uncertainty and potential disruption.
Free cash flow guidance remains at $20 million to $30 million, which is relatively modest compared to the company's revenue growth and capital expenditure plans.
The new North America distribution center will not contribute to margin benefits until 2027, indicating near-term investment costs without immediate returns.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PKOH.OQ - Park Ohio Holdings Corp
Q2 2026 Park Ohio Holdings Corp Earnings Call
Aug 06, 2026 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and welcome to the Park, Ohio's second quarter 2026 results conference call. At this time, all participants are in a listen-only mode. After the presentation, the company will conduct a question-and-answer session. Today's conference is also being recorded. If you have any objections, you may disconnect at this time. Before we get started, I want to remind everyone that certain statements made on today's call may be forward-looking statements as defined in the Private Securities Litigation Reform Act of. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those projected.

A list of relevant risks and uncertainties may be found in

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.