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: 2025
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 |
|---|---|---|---|---|---|---|---|
| 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% | 0.9% | 26.8% |
| 2022 | $54M | $13M | $8M | $4M | 6.2% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 53.58 | 54.05 | 56 | 62.03 |
| Cost Of Revenue | 35.66 | 37.58 | 39.47 | 44.38 |
| Gross Profit | 17.92 | 16.47 | 16.53 | 17.64 |
| Operating Expense | 6.25 | 6.52 | 8.15 | 8.25 |
| Operating Income | 11.67 | 9.95 | 8.38 | 9.40 |
| EBITDA | 12.80 | 11.09 | 9.78 | 11.25 |
| EBIT | 11.67 | 9.95 | 8.38 | 9.40 |
| Pretax Income | 11.78 | 11.03 | 9.43 | 9.51 |
| Tax Provision | 3.32 | 0.30 | 1.96 | 3.62 |
| Net Income | 8.46 | 10.73 | 7.47 | 5.88 |
| Net Income Common Stockholders | 8.46 | 10.73 | 7.47 | 5.88 |
| Total Expenses | 41.91 | 44.10 | 47.62 | 52.63 |
| Interest Income | 0.38 | 1.08 | 1.05 | 1.21 |
| Selling General And Administration | 6.25 | 6.52 | 8.15 | 8.25 |
| Normalized EBITDA | 13.06 | 11.09 | 9.78 | 12.35 |
| Normalized Income | 8.65 | 10.73 | 7.47 | 6.56 |
| Basic EPS | 0.41 | 0.52 | 0.37 | 0.29 |
| Diluted EPS | 0.41 | 0.52 | 0.37 | 0.29 |
| Tax Effect Of Unusual Items | -0.07 | 0 | 0 | -0.42 |
| Tax Rate For Calcs | 0.28 | 0.03 | 0.21 | 0.38 |
| Total Unusual Items | -0.26 | 0 | 0 | -1.10 |
| Total Unusual Items Excluding Goodwill | -0.26 | 0 | 0 | -1.10 |
| Net Income From Continuing Operation Net Minority Interest | 8.46 | 10.73 | 7.47 | 5.88 |
| Reconciled Depreciation | 1.14 | 1.14 | 1.40 | 1.85 |
| Reconciled Cost Of Revenue | 35.66 | 37.58 | 39.47 | 44.38 |
| Net Interest Income | 0.38 | 1.08 | 1.05 | 1.21 |
| Net Income From Continuing And Discontinued Operation | 8.46 | 10.73 | 7.47 | 5.88 |
| Total Operating Income As Reported | 11.41 | 9.95 | 8.38 | 9.40 |
| Diluted Average Shares | 20.55 | 20.51 | 20.39 | 20.19 |
| Basic Average Shares | 20.42 | 20.46 | 20.30 | 20.10 |
| Diluted NI Availto Com Stockholders | 8.46 | 10.73 | 7.47 | 5.88 |
| Net Income Including Noncontrolling Interests | 8.46 | 10.73 | 7.47 | 5.88 |
| Net Income Discontinuous Operations | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | 8.46 | 10.73 | 7.47 | 5.88 |
| Other Income Expense | -0.26 | 0 | 0 | -1.10 |
| Special Income Charges | -0.26 | 0 | 0 | -1.10 |
| Other Special Charges | 0 | 0 | 0 | 1.10 |
| Restructuring And Mergern Acquisition | 0.26 | 0 | 0 | 0 |
| Net Non Operating Interest Income Expense | 0.38 | 1.08 | 1.05 | 1.21 |
| Interest Income Non Operating | 0.38 | 1.08 | 1.05 | 1.21 |
| Operating Revenue | 53.58 | 54.05 | 56 | 62.03 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Park Aerospace Corp.this co. | PKE | - | - | - | 5.5% | - |
| The Eastern Company | EML | $134M | 22.70 | 1.08 | 5.7% | 9.14 |
| DMC Global Inc. | BOOM | $129M | - | 0.53 | -4.2% | 9.35 |
| Byrna Technologies Inc. | BYRN | $128M | 15.72 | 1.93 | 14.7% | 9.07 |
| JELD-WEN Holding, Inc. | JELD | $123M | - | 1.33 |
| -673.6% |
| 29.19 |
| Forrester Research, Inc. | FORR | $121M | - | 0.95 | -94.3% | 3.10 |
| Arq, Inc. | ARQ | $96M | - | 0.57 | -31.3% | 34.71 |
| Mobile Infrastructure Corporation | BEEP | $80M | - | 0.55 | -13.5% | 26.61 |
| Southland Holdings, Inc. | SLND | $60M | - | -0.42 | 231.3% | -1.74 |
| Peer Median | - | 19.21 | 0.76 | -8.8% | 9.25 | |