Park Return On Equity from 2010 to 2024

PKOH Stock  USD 33.04  0.76  2.35%   
Park Ohio's Return On Equity is decreasing with slightly volatile movements from year to year. Return On Equity is estimated to finish at 0.03 this year. Return On Equity is a measure of the profitability of Park Ohio Holdings in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.0278174
Current Value
0.0292
Quarterly Volatility
0.14349991
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Park Ohio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Park Ohio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.8 M, Interest Expense of 47.4 M or Total Revenue of 873.6 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0146 or PTB Ratio of 1.45. Park financial statements analysis is a perfect complement when working with Park Ohio Valuation or Volatility modules.
  
Check out the analysis of Park Ohio Correlation against competitors.

Latest Park Ohio's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Park Ohio Holdings over the last few years. Return on Equity is the amount of Park Ohio Holdings net income returned as a percentage of Park Ohio equity. Return on equity measures Park Ohio profitability by revealing how much profit Park Ohio Holdings generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Park Ohio's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Park Ohio's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1310 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Park Return On Equity Regression Statistics

Arithmetic Mean0.14
Geometric Mean0.1
Coefficient Of Variation103.52
Mean Deviation0.12
Median0.12
Standard Deviation0.14
Sample Variance0.02
Range0.5326
R-Value(0.69)
Mean Square Error0.01
R-Squared0.48
Significance0
Slope(0.02)
Total Sum of Squares0.29

Park Return On Equity History

2024 0.0292
2023 0.0278
2022 0.0444
2021 -0.0828
2020 -0.0139
2019 0.12
2018 0.18

About Park Ohio Financial Statements

Investors use fundamental indicators, such as Park Ohio's Return On Equity, to determine how well the company is positioned to perform in the future. Although Park Ohio's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Equity 0.03  0.03 

Currently Active Assets on Macroaxis

When determining whether Park Ohio Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Park Ohio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Park Ohio Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Park Ohio Holdings Stock:
Check out the analysis of Park Ohio Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Park Ohio. If investors know Park will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Park Ohio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.17)
Dividend Share
0.5
Earnings Share
3.34
Revenue Per Share
130.779
Quarterly Revenue Growth
(0)
The market value of Park Ohio Holdings is measured differently than its book value, which is the value of Park that is recorded on the company's balance sheet. Investors also form their own opinion of Park Ohio's value that differs from its market value or its book value, called intrinsic value, which is Park Ohio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Park Ohio's market value can be influenced by many factors that don't directly affect Park Ohio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Park Ohio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Park Ohio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Park Ohio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.