← TIMKEN CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.7b | $3.0b | $3.6b | $3.8b | $3.5b | $4.1b | $4.5b | $4.8b | $4.6b | $4.6b | |
| Cost of Revenue | $2.0b | $2.2b | $2.5b | $2.6b | $2.5b | $3.0b | $3.2b | $3.3b | $3.1b | $3.2b | |
| Gross Profit (derived) | $694.8m | $810.4m | $1.0b | $1.1b | $1.0b | $1.1b | $1.3b | $1.5b | $1.4b | $1.4b | |
| Operating Income (Loss) | $195.0m | $284.7m | $454.5m | $516.4m | $454.9m | $513.1m | $606.9m | $657.1m | $611.1m | $540.6m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $36.2m | $40.0m | $46.8m | $57.3m | $56.2m | $54.5m | $50.6m | $65.7m | $78.0m | $79.1m | |
| Foreign Currency Transaction Gain (Loss), before Tax | $5.6m | $3.7m | $1.3m | $6.1m | $10.0m | ($9.4m) | $15.4m | ($14.8m) | ($9.3m) | ($14.0m) | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $28.3m | $1.5m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $117.8m | $107.4m | $202.0m | $190.7m | $144.1m | $125.8m | $86.0m | $173.8m | $175.6m | $71.1m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $1.9m | $2.9m | $2.1m | $4.9m | $3.7m | $2.3m | $3.8m | $9.3m | $14.9m | $10.3m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $272.0m | $352.6m | $532.5m | — | — | $476.6m | $550.9m | $530.5m | $494.2m | $416.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $152.6m | $203.4m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $152.9m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | |
| Net Income (Loss) Attributable to Parent | $152.6m | $203.4m | $302.8m | $362.1m | $284.5m | $369.1m | $407.4m | $394.1m | $352.7m | $288.4m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $300k | ($1.1m) | $2.7m | $12.6m | $7.9m | $12.4m | $9.6m | $13.9m | $22.6m | $28.9m | |
| Earnings Per Share, Basic | $1.94 | $2.62 | $3.93 | $4.78 | $3.78 | $4.86 | $5.54 | $5.52 | $5.02 | $4.13 | |
| Earnings Per Share, Diluted | $1.92 | $2.58 | $3.86 | $4.71 | $3.72 | $4.79 | $5.48 | $5.47 | $4.99 | $4.11 | |
| Common Stock, Dividends, Per Share, Declared | $1.04 | $1.07 | $1.11 | $1.12 | $1.13 | $1.19 | $1.23 | $1.30 | $1.35 | $1.39 | |
| Weighted Average Number of Shares Outstanding, Basic | 78.5m | 77.7m | 77.1m | 75.8m | 75.4m | 75.9m | 73.6m | 71.4m | 70.2m | 69.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 79.2m | 78.9m | 78.3m | 76.9m | 76.4m | 77.0m | 74.3m | 72.1m | 70.8m | 70.2m | |
| Selling, General and Administrative Expense | $450.0m | $521.4m | $580.7m | $618.6m | $533.8m | $580.5m | $637.1m | $740.8m | $752.0m | $748.3m | |
| Other Nonoperating Income (Expense) | ($900k) | $9.4m | $9.4m | $13.0m | $10.0m | $800k | $5.5m | ($1.2m) | ($4.1m) | ($8.8m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $125.1m | $110.3m | |
| Business Combination, Acquisition Related Costs | — | — | $9.6m | — | — | — | — | — | $13.0m | — | |
| Current Income Tax Expense (Benefit) | $75.5m | $58.0m | $124.0m | $106.6m | $127.1m | $110.2m | $137.5m | $134.1m | $154.2m | $125.9m | |
| Interest Expense | $33.5m | $37.1m | $51.7m | $72.1m | $67.6m | $58.8m | $74.6m | $110.7m | — | — | |
| Operating Lease, Expense | — | — | — | $36.6m | $36.0m | $34.1m | $30.3m | — | — | — | |
| Research and Development Expense | $31.8m | $35.3m | $37.3m | $41.4m | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $69.2m | $57.6m | $102.6m | $97.7m | $103.9m | $95.1m | $133.9m | $122.5m | $118.9m | $98.7m | |
| Interest Income (Expense), Net | — | — | — | ($67.2m) | — | — | — | — | — | — | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | ($63.9m) | — | — | — | — | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | $6.2m | ($10.2m) | $4.7m | ($18.3m) | ($9.3m) | $24.0m | $2.6m | $15.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.