The Timken Company

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 leading authority on tapered roller bearings, Timken today applies its deep knowledge of metallurgy, tribology and mechanical power transmission across a variety of bearings and related systems to improve reliability and efficiency of machinery and equipment all around the world. The company’s growing product and services portfolio features many strong industrial brands including Timken®, Fafnir®, Philadelphia Gear®, Carlisle®, Drives® and Interlube™. Known for its quality products and collaborative technical sales model, Timken posted $3.1 billion in sales in 2014. With 14,000 employees operating from 28 countries, Timken makes the world more productive and keeps industry in motion.
Company Growth (employees)
Type
Public
HQ
North Canton, US
Founded
1899
Size (employees)
14,000 (est)
Website
timken.com
The Timken Company was founded in 1899 and is headquartered in North Canton, US

The Timken Company Office Locations

The Timken Company has an office in North Canton
North Canton, US (HQ)
4500 Mt Pleasant St NW

The Timken Company Data and Metrics

The Timken Company Financial Metrics

The Timken Company's revenue was reported to be $703.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

703.8 m

Gross profit (Q1, 2017)

180.5 m

Gross profit margin (Q1, 2017), %

26%

Net income (Q1, 2017)

38.1 m

EBIT (Q1, 2017)

59.2 m

Market capitalization (17-Aug-2017)

3.4 b

Cash (31-Mar-2017)

129.5 m
The Timken Company's current market capitalization is $3.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

80.1 m3.1 b2.9 b2.7 b

Revenue growth, %

3740%(7%)(7%)

Cost of goods sold

2.1 b2 b

Gross profit

793.9 m694.8 m

Gross profit Margin, %

28%26%

EBIT

(151.4 m)195 m

EBIT margin, %

(5%)7%

Interest income

2.7 m1.9 m

Pre tax profit

(189.6 m)222.1 m

Net Income

263 m173.3 m(68 m)152.9 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

728 m707.4 m684 m673.6 m657.4 m703.8 m

Cost of goods sold

522.9 m512 m503.1 m491.3 m489.9 m523.3 m

Gross profit

205.1 m195.4 m180.9 m182.3 m167.5 m180.5 m

Gross profit Margin, %

28%28%26%27%25%26%

General and administrative expense

126.1 m120.7 m118.3 m110.2 m109.5 m119.6 m

Operating expense total

126.1 m120.7 m118.3 m110.2 m109.5 m119.6 m

EBIT

73.2 m66.7 m50.9 m68.8 m42.4 m59.2 m

EBIT margin, %

10%9%7%10%6%8%

Interest expense

(8.4 m)(8.6 m)(8.4 m)(8.7 m)(8 m)(7.9 m)

Pre tax profit

66.6 m57.9 m90.5 m64.9 m34.5 m53.6 m

Income tax expense

28.9 m(6.6 m)27.6 m20 m13.5 m15.5 m

Net Income

63.8 m(21.2 m)(134.8 m)37.7 m64.5 m62.9 m44.9 m21 m38.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

384.6 m278.8 m129.6 m148.8 m

Accounts Receivable

381.3 m

Inventories

545.8 m

Current Assets

1.9 b1.5 b1.2 b1.2 b

PP&E

1.6 b780.5 m777.8 m804.4 m

Goodwill

358.7 m259.5 m327.3 m357.5 m

Total Assets

4.5 b3 b2.8 b2.8 b

Accounts Payable

137.9 m

Total Debt

457.3 m635 m

Current Liabilities

980.1 m533.8 m505.3 m452.7 m

Non-Current Liabilities

849.2 m878.5 m935.4 m999.6 m

Total Liabilities

1.8 b1.4 b1.4 b1.5 b

Total Equity

2.6 b1.6 b1.3 b1.3 b

Debt to Equity Ratio

0.2 x0.5 x

Debt to Assets Ratio

0.1 x0.2 x

Financial Leverage

1.7 x1.9 x2.1 x2.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

294.8 m238.2 m154.4 m236.8 m155 m137.3 m156 m129 m129.5 m

Inventories

625 m618.3 m580.3 m574.2 m595.4 m551.3 m555.4 m575.9 m566.2 m

Current Assets

1.6 b1.5 b1.4 b1.4 b1.4 b1.3 b1.2 b1.2 b1.3 b

PP&E

838.3 m833.4 m760.2 m759.1 m783.1 m780.1 m772.5 m796.6 m807.6 m

Goodwill

349.2 m260.6 m256.6 m257.7 m327.1 m328.7 m328.7 m359 m358.4 m

Total Assets

3.3 b3.1 b2.8 b2.9 b2.9 b2.9 b2.8 b2.8 b2.8 b

Current Liabilities

849.9 m562.1 m519.4 m594 m605.6 m442.6 m475 m450.5 m498.4 m

Non-Current Liabilities

611.2 m900.7 m884.8 m922.5 m989.4 m1 b960.2 m1 b962.4 m

Total Equity

1.8 b1.6 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b1.4 b

Financial Leverage

1.8 x1.9 x2 x2.1 x2.2 x2.1 x2.1 x2.1 x2.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

263 m173.3 m(68 m)152.9 m

Depreciation and Amortization

194.6 m137 m130.8 m131.7 m

Accounts Receivable

(13 m)(48 m)11.9 m20.3 m

Inventories

62.5 m(27 m)52.8 m10.1 m

Cash From Operating Activities

430 m307 m374.8 m402 m

Capital Expenditures

(325.8 m)(126.8 m)(105.6 m)(137.5 m)

Cash From Investing Activities

(376 m)(194.7 m)(265.2 m)(211 m)

Long-term Borrowings

(9.9 m)(250.7 m)(190.6 m)(345.3 m)

Dividends Paid

(87.5 m)(90.3 m)(87 m)(81.6 m)

Cash From Financing Activities

(249.3 m)(202.2 m)(241.6 m)(169.4 m)

Income Taxes Paid

34.3 m(15.3 m)(40.4 m)23.5 m

Free Cash Flow

755.8 m433.8 m480.4 m264.5 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

63.8 m(21.2 m)(134.8 m)37.7 m64.5 m62.9 m44.9 m21 m38.1 m

Depreciation and Amortization

69.3 m103.4 m33.5 m65.6 m97.8 m32.6 m65 m98.3 m32.9 m

Accounts Receivable

(39.3 m)(52.6 m)(29.6 m)(22.7 m)(1.9 m)(4.9 m)4.7 m12.2 m(50.3 m)

Inventories

(39.8 m)(52.1 m)(12.8 m)(2.8 m)7.1 m(100 k)(8.2 m)(13.6 m)(6.5 m)

Cash From Operating Activities

116.1 m195.4 m17 m105.5 m246.3 m47.1 m202.6 m277.1 m46.7 m

Capital Expenditures

(48.5 m)(87.1 m)(19.7 m)(43.5 m)(65.1 m)(24.2 m)(50.4 m)(84.4 m)(19.3 m)

Cash From Investing Activities

(119.7 m)(157.1 m)(14 m)(33.3 m)(268.8 m)(24.6 m)(51 m)(143.3 m)(26.9 m)

Long-term Borrowings

(200 k)(250.6 m)(1.1 m)(1.1 m)(106.1 m)(45 m)(170 m)(290.1 m)(90.3 m)

Dividends Paid

(45.7 m)(68.2 m)(21.9 m)(44 m)(65.7 m)(20.7 m)(41.1 m)(61.4 m)(20.3 m)

Cash From Financing Activities

(86.6 m)(175.1 m)(120.8 m)(108.3 m)(90.2 m)(19.4 m)(128.5 m)(138.1 m)(43 m)

Income Taxes Paid

(52.7 m)(31 m)54.7 m43.9 m23.5 m21.7 m26.4 m22.9 m6.7 m

Free Cash Flow

67.6 m108.3 m(2.7 m)62 m181.2 m22.9 m152.2 m192.7 m27.4 m
USDY, 2017

Revenue/Employee

50.3 k

Financial Leverage

2.1 x

The Timken Company Market Value History

The Timken Company Median Salaries

Source: 16 public H-1B filings from The Timken Company

Traffic Overview of The Timken Company

The Timken Company Online and Social Media Presence

The Timken Company News and Updates

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The Timken Company Company Life and Culture

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