Park Aerospace Corp., an aerospace company, develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the aerospace market in North America, Asia, and Europe. It offers advanced composite materials, including film adhesives and lightning strike protection materials used to produce primary and secondary structures for jet engines, large and regional transport aircraft, military aircraft, unmanned aerial vehicles, business jets, general aviation aircraft, and rotary wing aircraft. The company also provides specialty ablative materials for rocket motors and nozzles; and specially designed materials for radome applications. In addition, it designs and fabricates composite parts, structures and assemblies, and low volume tooling for the aerospace industry. The company was formerly known as Park Electrochemical Corp. and changed its name to Park Aerospace Corp. in July 2019. Park Aerospace Corp. was incorporated in 1954 and is based in Westbury, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $73M | $15M | $11M | $9M | 8.7% | 18.2% | 91.6% |
| 2025 | $62M | $11M | $6M | $4M | 5.5% | 10.8% | -21.3% |
| 2024 | $56M | $10M | $7M | $4M | 6.6% | 3.6% | -30.4% |
| 2023 | $54M | $11M | $11M | $5M | 9.3% | - | - |
| 2022 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 54.06 | 56 | 62.03 | 73.30 |
| Operating Revenue | - | 54.06 | 56 | 62.03 | 73.30 |
| Cost Of Revenue | - | 37.58 | 39.47 | 44.38 | 50.63 |
| Gross Profit | - | 16.47 | 16.53 | 17.64 | 22.67 |
| Operating Expense | - | 6.52 | 8.15 | 8.25 | 9.17 |
| Selling General And Administration | - | 6.52 | 8.15 | 8.25 | 9.17 |
| Total Expenses | - | 44.10 | 47.62 | 52.63 | 59.80 |
| Operating Income | - | 9.95 | 8.38 | 9.40 | 13.50 |
| Total Operating Income As Reported | - | 9.95 | 8.38 | 9.40 | 13.50 |
| EBITDA | - | 11.09 | 9.78 | 11.25 | 15.36 |
| Normalized EBITDA | - | 11.09 | 9.78 | 12.34 | 15.36 |
| EBIT | - | 9.95 | 8.38 | 9.40 | 13.50 |
| Interest Income | - | 1.08 | 1.05 | 1.21 | 1.54 |
| Net Interest Income | - | 1.08 | 1.05 | 1.21 | 1.54 |
| Other Income Expense | -0.26 | - | - | -1.10 | - |
| Interest Income Non Operating | - | 1.08 | 1.05 | 1.21 | 1.54 |
| Net Non Operating Interest Income Expense | - | 1.08 | 1.05 | 1.21 | 1.54 |
| Pretax Income | - | 11.03 | 9.43 | 9.51 | 15.04 |
| Tax Provision | - | 0.30 | 1.96 | 3.62 | 3.77 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | -0.42 | 0 |
| Net Income Continuous Operations | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Net Income From Continuing And Discontinued Operation | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Net Income From Continuing Operation Net Minority Interest | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Net Income | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Net Income Common Stockholders | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Net Income Including Noncontrolling Interests | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Normalized Income | - | 10.73 | 7.47 | 6.56 | 11.27 |
| Diluted NI Availto Com Stockholders | - | 10.73 | 7.47 | 5.88 | 11.27 |
| Basic Average Shares | - | 20.46 | 20.30 | 20.10 | 19.97 |
| Diluted Average Shares | - | 20.51 | 20.39 | 20.19 | 20.12 |
| Reconciled Depreciation | - | 1.14 | 1.40 | 1.85 | 1.86 |
| Reconciled Cost Of Revenue | - | 37.58 | 39.47 | 44.38 | 50.63 |
| Total Unusual Items | - | 0 | 0 | -1.10 | 0 |
| Total Unusual Items Excluding Goodwill | - | 0 | 0 | -1.10 | 0 |
| Net Income Discontinuous Operations | 0 | 0 | - | - | - |
| Special Income Charges | - | 0 | 0 | -1.10 | 0 |
| Other Special Charges | - | - | - | 1.10 | - |
| Restructuring And Mergern Acquisition | 0.26 | 0 | 0 | - | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Park Aerospace Corp.this co. | PKE | $687M | 60.97β premium | 5.29 | 8.7% | 39.66 |
| Serve Robotics Inc. | SERV | $716M | -7.06 | 2.04 | -28.9% | -6.35 |
| Janus International Group, Inc. | JBI | $690M | 12.83 | 1.21 | 9.4% | 6.58 |
| Himalaya Shipping Ltd. | HSHP | $677M | 38.28 | 4.19 | 10.9% | 13.57 |
| Smith & Wesson Brands, Inc. | SWBI | $675M |
| - |
| - |
| - |
| - |
| - |
| 50.28 |
| 1.81 |
| 3.6% |
| 13.72 |
| Safe Bulkers, Inc. | SB | $652M | 16.90 | 0.78 | 4.6% | 8.16 |
| Ardmore Shipping Corporation | ASC | $652M | 15.89 | 1.03 | 6.5% | 9.11 |
| Hyster-Yale, Inc. | HY | $645M | -10.74 | 1.37 | -12.7% | 34.14 |
| Latham Group, Inc. | SWIM | $639M | 57.42 | 1.57 | 2.7% | 9.70 |
| Peer Median | - | 16.39 | 1.47 | 4.1% | 9.40 | |