Earnings Releases·Nov 4, 2026, 4:06 PM ET

ParkOhio — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached a record $459 million (up 15% YoY), while GAAP diluted EPS rose 149% to $0.97 and Adjusted diluted EPS increased 60% to $1.04, marking a two-year high.
Full-year 2026 guidance was raised to $1.750–$1.770 billion in sales and $3.35–$3.50 in Adjusted EPS, with management citing continued demand strength into 2027 driven by supply constraints.
Strategic review of the Southwest Steel Processing (SSP) business is underway; the 2026 outlook includes an estimated $15 million revenue contribution and a $0.46 per share loss from SSP, with potential upside if the review results in a transaction.
All three business segments (Supply Technologies, Assembly Components, Engineered Products) delivered year-over-year sales growth, with Engineered Products seeing record revenue of $129.7 million and an 18% increase in equipment backlog.
Capital position shows total debt increased to $667.4 million and cash equivalents to $58.9 million as of September 30, 2026, while the company paid $0.125 per share in quarterly dividends.