OverviewSuggest Edit

The Timken Company engineers, manufactures and markets bearings, transmissions, gearboxes, belts, chain and related products, and offers a spectrum of powertrain rebuild and repair services. The Company operates through two segments: Mobile Industries which offers a portfolio of bearings, seals, lubrication devices and systems, and Process Industries that supplies industrial bearings and assemblies, power transmission components, and related products and services. 

TypePublic
Founded1899
HQNorth Canton, US
Websitetimken.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)17,000(+14%)
Job Openings122
Revenue (FY, 2017)$3 B(+13%)
Share Price (Jun 2019)$47.8

Key People/Management at The Timken Company

Richard Kyle

Richard Kyle

President, CEO
Christopher Coughlin

Christopher Coughlin

EVP, Group President
Philip Fracassa

Philip Fracassa

EVP, CFO
Ronald Myers

Ronald Myers

EVP of HR
Richard Boyer

Richard Boyer

VP of Operations
Amanda Montgomery

Amanda Montgomery

Vice President, Industrial Bearings
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The Timken Company Office Locations

The Timken Company has offices in North Canton, Mascot, Rutherfordton, Iron Station and in 29 other locations
North Canton, US (HQ)
The Timken Company, 4500 Mt Pleasant St NW
Ball Ground, US
3055 Torrington Dr
Duncan, US
120 Hidden Lake Cir
Gaffney, US
100 Timken Rd
Honea Path, US
415 Brick Mill Rd
Houston, US
7600 W Tidwell Rd #110
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The Timken Company Financials and Metrics

The Timken Company Revenue

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View revenue for all periods
The Timken Company's revenue was reported to be $3 b in FY, 2017 which is a 12.5% increase from the previous period.
USD

Market capitalization (10-Jun-2019)

3.6b

Closing stock price (10-Jun-2019)

47.8
The Timken Company's current market capitalization is $3.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

2.9b2.7b3.0b

Revenue growth, %

(7%)(7%)13%

Cost of goods sold

2.1b2.0b2.2b

Gross profit

819.5m668.5m810.4m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

728.0m707.4m684.0m673.6m657.4m703.8m750.6m771.4m883.1m906.3m881.3m

Cost of goods sold

522.9m512.0m503.1m491.3m489.9m523.3m548.8m554.4m618.2m638.9m628.0m

Gross profit

205.1m195.4m180.9m182.3m167.5m180.5m201.8m217.0m264.9m267.4m253.3m

Gross profit Margin, %

28%28%26%27%25%26%27%28%30%30%29%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

129.6m148.8m121.6m

Accounts Receivable

454.6m438.0m524.9m

Inventories

543.2m553.7m738.9m

Current Assets

1.2b1.2b1.5b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

154.4m236.8m155.0m137.3m156.0m129.0m129.5m445.1m137.2m116.4m145.2m153.7m

Accounts Receivable

535.1m530.2m548.6m

Inventories

580.3m574.2m595.4m551.3m555.4m575.9m566.2m617.0m687.5m776.8m777.4m841.0m

Current Assets

1.4b1.4b1.4b1.3b1.2b1.2b1.3b1.7b1.5b1.6b1.7b1.8b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

188.6m140.8m203.4m

Depreciation and Amortization

130.8m131.7m137.7m

Inventories

53.1m10.1m(132.1m)

Accounts Payable

11.6m12.2m70.7m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(134.8m)37.7m64.5m

Depreciation and Amortization

33.5m65.6m97.8m32.6m65.0m98.3m32.9m66.8m102.5m35.8m70.8m105.9m

Inventories

(12.8m)(2.8m)7.1m(100.0k)(8.2m)(13.6m)(6.5m)(38.1m)(85.4m)(53.8m)(79.9m)(94.3m)

Accounts Payable

(2.3m)8.4m9.9m
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The Timken Company Operating Metrics

The Timken Company's Backlog was reported to be $1.5b in FY, 2017.
FY, 2015FY, 2016FY, 2017Q1, 2018Q2, 2018Q3, 2018

Countries

28 28 33 33 33 33

Manufacturing Facilities

63 73 97

Distribution Centers

28 25 41

Backlog

$943.20 m$1.04 b$1.47 b
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The Timken Company Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
RollonJuly 27, 2018
Cone DriveJuly 24, 2018
Groeneveld GroupJune 27, 2017$280 m
PT Tech, LLCMay 05, 2017
Torsion Control Products , Inc.April 07, 2017
EDT Corp.November 01, 2016
Lovejoy IncJuly 08, 2016$66 m
Standard MachineMay 13, 2013
Interlube Systems LtdMarch 15, 2013
Wazee ElectricJanuary 02, 2013
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The Timken Company Revenue Breakdown

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The Timken Company revenue breakdown by business segment: 54.6% from Mobile Industries and 45.4% from Process Industries

The Timken Company revenue breakdown by geographic segment: 11.1% from Americas, 53.4% from United States, 19.0% from Europe / Middle East / Africa and 16.6% from Asia-Pacific

The Timken Company Online and Social Media Presence

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The Timken Company News and Updates

The Timken Company Frequently Asked Questions

  • When was The Timken Company founded?

    The Timken Company was founded in 1899.

  • Who are The Timken Company key executives?

    The Timken Company's key executives are Richard Kyle, Christopher Coughlin and Philip Fracassa.

  • How many employees does The Timken Company have?

    The Timken Company has 17,000 employees.

  • What is The Timken Company revenue?

    Latest The Timken Company annual revenue is $3 b.

  • What is The Timken Company revenue per employee?

    Latest The Timken Company revenue per employee is $176.7 k.

  • Who are The Timken Company competitors?

    Competitors of The Timken Company include Henniges Automotive, CalTex Protective Coatings and JTEKT.

  • Where is The Timken Company headquarters?

    The Timken Company headquarters is located at The Timken Company, 4500 Mt Pleasant St NW, North Canton.

  • Where are The Timken Company offices?

    The Timken Company has offices in North Canton, Mascot, Rutherfordton, Iron Station and in 29 other locations.

  • How many offices does The Timken Company have?

    The Timken Company has 35 offices.