Timken Earnings Reports

The Timken Company delivered a solid third quarter in 2025, with sales reaching $1.16 billion, a 2.7% increase year-over-year. This growth was primarily driven by higher pricing, favorable foreign currency translation, and the CGI acquisition, despite some softness in end-market demand within the Industrial Motion segment. The company reported net income of $69.3 million and adjusted EPS of $1.37, exceeding last year's adjusted EPS. Free cash flow saw a significant increase, highlighting strong operational performance.

The Timken Company reported second-quarter 2025 sales of $1.17 billion, a 0.8 percent decrease from the same period last year, primarily due to lower end-market demand. Net income was $78.5 million, or $1.12 per diluted share, down from $96.2 million or $1.36 per diluted share in Q2 2024. Adjusted net income was $99.3 million, or $1.42 per diluted share. The company's net income margin was 6.7 percent, and adjusted EBITDA margin was 17.7 percent.

Timken reported a decrease in first-quarter 2025 sales and net income compared to the prior year, driven by lower end-market demand and unfavorable foreign currency translation. Despite the challenges, the company posted solid results and generated positive free cash flow, while returning cash to shareholders through dividends and share repurchases.

Timken reported fourth-quarter sales of $1.07 billion, a 1.6% decrease from the previous year. The company's diluted EPS was $1.01, with an adjusted EPS of $1.16. Net income for the quarter was $71.2 million. The company is planning for 2025 revenue in the range of -4% to -1% compared to 2024.

Timken reported Q3 2024 sales of $1.13 billion, a 1.4% decrease year-over-year. EPS was $1.16, with adjusted EPS at $1.23. The company updated its full-year outlook, now expecting EPS of $4.65-$4.75, with adjusted EPS of $5.55-$5.65.

Timken reported Q2 2024 sales of $1.18 billion, a 7.1% decrease from the previous year, with a net income of $96.2 million, or $1.36 per diluted share. Adjusted EPS was $1.63. The company updated its full-year outlook, expecting EPS of $5.00-$5.20 and adjusted EPS of $6.00-$6.20.

Timken reported first-quarter 2024 sales of $1.19 billion, down 5.7 percent from the same period a year ago. The company posted net income in the first quarter of $103.5 million or $1.46 per diluted share. Adjusted EPS was $1.77. The company is increasing its full-year 2024 outlook, with earnings per diluted share now forecasted to be in the range of $5.10 to $5.40 and adjusted earnings per diluted share in the range of $6.00 to $6.30.

Timken reported Q4 2023 sales of $1.09 billion, a 1% increase year-over-year, with earnings per share (EPS) at $0.83 and adjusted EPS at $1.37. The company's net income for the quarter was $58.7 million. They also provided an initial estimate for 2024 EPS of $4.90-$5.30, and adjusted EPS of $5.80-$6.20.

Timken reported third-quarter 2023 sales of $1.14 billion, a 0.6 percent increase from the same period last year. The company posted net income of $87.9 million, or $1.23 per diluted share, compared to $87.0 million, or $1.18 per diluted share, for the same period a year ago. Adjusted EPS was $1.55, compared to $1.63 in 2022. Net cash from operations was $194.3 million, and free cash flow was $150.7 million.

Timken reported strong Q2 2023 results, achieving record sales of $1.27 billion, a 10.3% increase year-over-year. The company's EPS was $1.73, with an adjusted EPS of $2.01. They have updated their 2023 outlook, now expecting an EPS of $5.70-$6.10, with adjusted EPS of $6.90-$7.30.

Timken reported record first-quarter 2023 results with sales of $1.26 billion, up 12.3 percent from the same period a year ago. The company posted net income of $122.3 million or $1.67 per diluted share. Adjusted EPS was an all-time record at $2.09 per diluted share. The company raised its full-year outlook.

Timken reported a 7.4% increase in fourth-quarter sales to $1.08 billion, driven by organic growth and acquisitions. Net income rose to $97.2 million, or $1.32 per diluted share, compared to $62.9 million, or $0.82 per diluted share in the same period last year. The company provided initial estimate for 2023 EPS of $5.80-$6.40, with adjusted EPS of $6.50-$7.10.

Timken reported strong third-quarter results with sales of $1.14 billion, up nearly 10 percent in total and 14 percent organically from last year. The company posted net income of $87.0 million or $1.18 per diluted share. Timken is raising its 2022 outlook to reflect strength in market demand as well as improving performance.

Timken reported record second-quarter sales of $1.15 billion, up 8.5 percent from the same period a year ago. The company posted net income in the second quarter of $105.0 million or a record $1.42 per diluted share. The company is increasing its 2022 earnings outlook, with full-year earnings per diluted share now expected to be in the range of $5.15 to $5.45 on a GAAP basis and adjusted earnings per diluted share in the range of $5.50 to $5.80.

Timken reported record first-quarter 2022 sales of $1.125 billion, up 9.7 percent from the same period a year ago. The increase was primarily driven by growth across most end-market sectors led by industrial distribution and off-highway, and the impact of higher pricing. Net income in the first quarter was $118.2 million or a record $1.56 per diluted share.

Timken announced fourth-quarter sales of $1.01 billion, a 13% increase year-over-year. GAAP EPS was $0.82, and adjusted EPS was $0.78. The company expects strong revenue and earnings growth in 2022.

Timken reported third-quarter sales of $1.04 billion, a 16% increase from the previous year. Earnings per diluted share were $1.14 on a GAAP basis, and adjusted earnings per diluted share were $1.18. The company expects a robust demand environment and significant price realization in 2022.

Timken reported strong second-quarter 2021 results with record sales of $1.06 billion, up 32 percent from last year. The company delivered earnings per diluted share of $1.36 on a GAAP basis, with adjusted earnings per diluted share of $1.37. They also generated strong cash from operations of $147 million and free cash flow of $116 million.

Timken reported record first-quarter results with sales of $1.03 billion, up 11% year-over-year. GAAP EPS was $1.47, and adjusted EPS was a record $1.38. The company raised its full-year outlook due to strengthening markets and strong operational execution.

Timken reported fourth-quarter sales of $892 million, a slight decrease of less than one percent from the previous year. GAAP earnings per diluted share were $0.69, while adjusted EPS reached $0.84. The company generated strong full-year net operating cash flow of $578 million and free cash flow of $456 million. Timken expects strong revenue growth in 2021 and forecasts earnings per diluted share between $4.45 and $4.85 on a GAAP basis, or $4.70 to $5.10 adjusted.

Timken reported third-quarter sales of $894.6 million, a decrease of 2.1 percent compared to the same period last year. Earnings per diluted share were $1.16 on a GAAP basis, and adjusted EPS was $1.13. The company generated $153.6 million in cash from operations and $124.4 million in free cash flow.

Timken's second-quarter sales decreased by 19.7% to $803.5 million due to lower demand caused by COVID-19. However, the company's earnings per diluted share were $0.82 on a GAAP basis, with adjusted EPS of $1.02. The company generated strong cash from operations of $247.4 million and free cash flow of $222.7 million. Cost reduction actions across the enterprise helped maintain solid operating margins.

Timken reported first-quarter sales of $923.4 million, a decrease of 5.7% year-over-year, driven by lower demand in most end markets and unfavorable currency. Earnings per diluted share were $1.06 on a GAAP basis, with adjusted EPS of $1.11. The company is well-positioned with a solid balance sheet and expects to generate strong cash flow over the remainder of 2020.

Timken reported fourth-quarter sales of $896 million, a 1.5% decrease year-over-year, and GAAP earnings per diluted share of $1.48. The company's performance was impacted by lower demand in the Mobile Industries segment and unfavorable currency, offset by acquisitions and positive pricing. Net income for the quarter was $113.5 million, and free cash flow was $137.6 million.