Private company

P&F INDUSTRIES INC

P&F INDUSTRIES INC is an American metalworkg machinery and equipment company, incorporated in Delaware.1 It is headquartered in Melville, New York.1

Last updated Oct 20, 2026.

Overview

  • IndustryMetalworkg Machinery & Equipment1
  • HeadquartersMelville, New York1
  • Incorporated inDE2
  • Business address445 Broadhollow Road, Melville, Ny 117472
  • Filer categoryNon-accelerated filer, Smaller reporting company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

32.1%Gross margin3
-2.5%Operating margin3
-2.5%Net margin3
10.2%Revenue growth, 20223
-3.5%Return on equity3
$914.0KFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue65¢$40.1M
  • Research and development1¢$477.0K
  • Selling, general and admin33¢$20.4M
  • Income tax1¢$376.0K

Out of $59.0M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

  • Capital spending72¢$2.4M
  • Dividends paid10¢$319.0K
  • Kept or used elsewhere18¢$595.0K

Out of $3.3M of cash from operations.3

Financial statements

Revenue456783$59.0M in 2022+3% since 2016
0$20.0M$40.0M$60.0M$80.0M2016: $57.3M$57.3M20162017: $59.0M$59.0M2017+3%2018: $65.0M$65.0M2018+10%2019: $58.7M$58.7M2019−10%2020: $49.1M$49.1M2020−16%2021: $53.6M$53.6M2021+9%2022: $59.0M$59.0M2022+10%
Gross profit456783$18.9M in 2022+0% since 2016
0$10.0M$20.0M$30.0M2016: $18.9M$18.9M20162017: $21.1M$21.1M2017+11%2018: $23.2M$23.2M2018+10%2019: $21.0M$21.0M2019−10%2020: $14.2M$14.2M2020−32%2021: $17.3M$17.3M2021+22%2022: $18.9M$18.9M2022+9%
Operating income456783-$1.5M in 2022−86% since 2016
-$15.0M-$10.0M-$5.0M0$5.0M2016: -$10.3M-$10.3M20162017: $50.0K$50.0K20172018: $1.5M$1.5M2018+2864%2019: -$911.0K-$911.0K20192020: -$6.8M-$6.8M2020+645%2021: -$2.6M-$2.6M2021−62%2022: -$1.5M-$1.5M2022−43%
Net income456783-$1.5M in 2022
-$5.0M0$5.0M$10.0M2016: $6.9M$6.9M20162017: -$884.0K-$884.0K20172018: $856.0K$856.0K20182019: $4.9M$4.9M2019+474%2020: -$5.0M-$5.0M20202021: $2.3M$2.3M20212022: -$1.5M-$1.5M2022
Fiscal year2016201720182019202020212022
Revenue$57.3M4$59.0M5$65.0M6$58.7M7$49.1M8$53.6M3$59.0M3
Cost of revenue$38.3M4$37.9M5$41.8M6$37.7M7$34.9M8$36.2M3$40.1M3
Gross profit$18.9M4$21.1M5$23.2M6$21.0M7$14.2M8$17.3M3$18.9M3
Research and development$477.0K3
Selling, general and admin$19.6M4$21.0M5$21.7M6$21.9M7$19.4M8$19.9M3$20.4M3
Operating income-$10.3M4$50.0K5$1.5M6-$911.0K7-$6.8M8-$2.6M3-$1.5M3
Interest$181.0K4$168.0K5$223.0K6$198.0K7$140.0K7
Income before tax$2.3M3-$1.9M3
Income tax-$3.0M4$635.0K5$253.0K6$1.8M7-$1.9M8-$2.0K3-$376.0K3
Net income$6.9M4-$884.0K5$856.0K6$4.9M7-$5.0M8$2.3M3-$1.5M3
Earnings per share$1.9212-$0.255$0.246$1.537-$1.578$0.723-$0.463
Earnings per share (diluted)$1.9212-$0.255$0.236$1.517-$1.578$0.723-$0.463
Shares (weighted, basic)3.2M shares33.2M shares3
Shares (weighted, diluted)3.2M shares33.2M shares3

Compare P&F INDUSTRIES INC with another company

Corporate structure

P&F INDUSTRIES INC sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of P&F INDUSTRIES INC

  • Richard A. Horowitz Filed SC 13D/A on P&F INDUSTRIES INC, latest Dec 21, 2023 (3 filings since Mar 22, 2023)
  • LAWNDALE CAPITAL MANAGEMENT LLC Filed SC 13G on P&F INDUSTRIES INC, latest Nov 3, 2023 (2 filings since Jan 19, 2023)
  • Grace Horowitz Filed SC 13G/A on P&F INDUSTRIES INC, latest Mar 22, 2023
  • P&F INDUSTRIES INC Melville, New York

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What P&F INDUSTRIES INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$507.0K3 Dec 31, 2022$507.0K3 Dec 31, 20210%
Buildings and improvements$4.1M3 Dec 31, 2022$3.6M3 Dec 31, 2021+13.4%
Machinery and equipment$28.1M3 Dec 31, 2022$25.7M3 Dec 31, 2021+9.3%
Property and equipment, before depreciation$32.7M3 Dec 31, 2022$29.8M3 Dec 31, 2021+9.6%
Accumulated depreciation$23.3M3 Dec 31, 2022$21.7M3 Dec 31, 2021+7.3%
Property and equipment, net$9.4M3 Dec 31, 2022$8.1M3 Dec 31, 2021+15.9%
Operating-lease assets (leased space)$5.5M3 Dec 31, 2022$3.0M3 Dec 31, 2021+86.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$667.0K3 Dec 31, 2022$539.0K3 Dec 31, 2021+23.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$4.8M3 Dec 31, 2022$4.4M3 Dec 31, 2021+8.4%
Intangible assets, net (excluding goodwill)$5.3M3 Dec 31, 2022$5.6M3 Dec 31, 2021−4.8%
Accumulated amortization$5.9M3 Dec 31, 2022$5.2M3 Dec 31, 2021+12.6%
Finite-lived intangibles, net$3.2M3 Dec 31, 2022$3.4M8 Dec 31, 2021−7.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$24.5M3 Dec 31, 2022$24.0M3 Dec 31, 2021+2.0%
Raw materials$2.0M3 Dec 31, 2022$2.2M3 Dec 31, 2021−7.7%
Work in process$2.2M3 Dec 31, 2022$1.4M3 Dec 31, 2021+64.9%
Finished goods$20.2M3 Dec 31, 2022$20.5M3 Dec 31, 2021−1.2%

Leadership

Who has led P&F INDUSTRIES INC, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Joseph A. Molino Jr.2007–2018

Chief operating officer

  1. Joseph A. Molino Jr.2007–2018
2010201520202025
Board members and other officers (13)

Timeline

  1. Dec 20, 20238-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer28
  2. Dec 13, 20238-K Bylaws or fiscal year changed29
  3. Nov 29, 20238-K Ended a material agreement30
  4. Nov 9, 20238-K Results of operations31
  5. Oct 13, 20238-K Entered a material agreement; Executive or director change; Other events32
  6. Aug 10, 20238-K Results of operations33
  7. Jun 12, 20238-K Entered a material agreement; Executive or director change34
  8. May 30, 20238-K Shareholder vote35
  9. May 11, 20238-K Results of operations36
  10. Mar 28, 20238-K Results of operations37
  11. Mar 28, 20238-K Entered a material agreement; New debt or obligation38
  12. Mar 10, 20238-K Executive or director change39
  13. Sep 7, 2017New chief executive Richard A. Horowitz becomes CEO14

Calendar

When it reported results

  1. Nov 9, 2023Reported quarterly or annual results31
  2. Aug 10, 2023Reported quarterly or annual results33
  3. May 11, 2023Reported quarterly or annual results36
  4. Mar 28, 2023Reported quarterly or annual results37
  5. Nov 10, 2022Reported quarterly or annual results40
  6. Aug 11, 2022Reported quarterly or annual results41
  7. May 12, 2022Reported quarterly or annual results42
  8. Mar 29, 2022Reported quarterly or annual results43

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

64 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 23 major events, 13 insider forms, 6 large holders, 13 other. The latest 20:

  1. Jan 2, 202415-12G EDGAR
  2. Dec 27, 2023S-8 POS EDGAR
  3. Dec 21, 2023SC 13D/A EDGAR
  4. Dec 20, 202325-NSE EDGAR
  5. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  6. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  7. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  8. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  9. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  10. Dec 20, 20234 OWNERSHIP DOCUMENT EDGAR
  11. Dec 20, 20238-K EDGAR
  12. Dec 13, 20238-K EDGAR
  13. Dec 11, 2023DEFA14A EDGAR
  14. Dec 4, 2023DEFA14A EDGAR
  15. Nov 29, 20238-K EDGAR
  16. Nov 22, 2023DEFA14A EDGAR
  17. Nov 17, 2023DEFM14A EDGAR
  18. Nov 9, 202310-Q EDGAR
  19. Nov 9, 20238-K EDGAR
  20. Nov 3, 2023PREM14A EDGAR

The 64 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How P&F INDUSTRIES INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARP&F INDUSTRIES INC1
  • CIK0000075340
  • Employer ID (EIN)22-16574131
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3540 Metalworkg Machinery & Equipment1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address445 Broadhollow Road, Melville, NY 117471
  • Phone(631)694-98001
  • Shares outstanding3,194,699 as of Nov 6, 202311
  • Public float$9.8M as of Jun 30, 20223
  • On EDGAR sinceMay 1, 19951
  • Filings673 in all: 8-K (226), 4 (138), 10-Q (87), SC 13D/A (43), SC 13G/A (31), DEF 14A (29), 10-K (25), ARS (13)1
    All 31 form types

    3 (11), 10-Q/A (8), UPLOAD (8), 8-K/A (7), DEFA14A (7), SC 13D (7), SC 13G (5), CORRESP (4), 10-K405 (3), 4/A (3), 5 (3), 10-K/A (2), 15-12G (2), S-8 (2), 25-NSE (1), 8-A12B/A (1), 8-A12G (1), 8-A12G/A (1), DEFM14A (1), NT 10-K (1), NT 10-Q (1), PREM14A (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Mar 29, 2023
    Quarterly report (10-Q) Nov 9, 2023
    Proxy statement (DEF 14A) Apr 28, 2023
    Latest 8-K (8-K) Dec 20, 2023

Sources

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