TIMKEN CO

TKR ·Industrials, Industrial Machinery, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Revenue $4.58B $4.57B $4.77B $4.50B $4.13B $3.51B $3.79B $3.58B
Cost of Revenue $3.19B $3.13B $3.26B $3.16B $2.98B $2.50B $2.65B $2.54B
Gross Profit $1.39B $1.44B $1.51B $1.29B $1.10B $1.01B $1.14B $1.04B
Gross Margin 30.4% 31.5% 31.6% 28.6% 26.7% 28.7% 30.1% 29.0%
Operating Expenses
Research & Development $41.4M $37.3M
SG&A Expense $748.3M $752.0M $740.8M $637.1M $580.5M $533.8M $618.6M $580.7M
Operating Income $540.6M $611.1M $657.1M $606.9M $513.1M $454.9M $516.4M $454.5M
Operating Margin 11.8% 13.4% 13.8% 13.5% 12.4% 12.9% 13.6% 12.7%
Interest Expense $110.7M $74.6M $58.8M $67.6M $72.1M $51.7M
Pretax Income $416.0M $494.2M $530.5M $550.9M $476.6M $396.3M $472.4M $532.5M
Income Tax Expense $98.7M $118.9M $122.5M $133.9M $95.1M $103.9M $97.7M $102.6M
Net Income $288.4M $352.7M $394.1M $407.4M $369.1M $284.5M $362.1M $302.8M
Net Margin 6.3% 7.7% 8.3% 9.1% 8.9% 8.1% 9.6% 8.5%
EPS (Basic) $4.13 $5.02 $5.52 $5.54 $4.86 $3.78 $4.78 $3.93
EPS (Diluted) $4.11 $4.99 $5.47 $5.48 $4.79 $3.72 $4.71 $3.86
Shares Outstanding (Basic) 69.8M 70.2M 71.4M 73.6M 75.9M 75.3M 75.8M 77.1M
Shares Outstanding (Diluted) 70.2M 70.8M 72.1M 74.3M 77.0M 76.4M 76.9M 78.3M
Dividends Per Share $1.39 $1.35 $1.30 $1.23 $1.19 $1.13 $1.12 $1.11
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