Craft

Timken

Stock Price

$91.8

2024-05-21

Market Capitalization

$6.5 B

2024-05-21

Revenue

$4.8 B

FY, 2023

Timken Summary

Company Summary

Overview
Timken (formerly known as The Timken Roller Bearing and Axle Company) is a company that designs and manufactures engineered bearings and industrial motion products. It offers brakes and clutches, maintenance tools, wheel hub units, encoders, couplings, etc. The company caters to food and beverage, energy, marine, agriculture, construction, and other sectors.
Type
Public
Status
Active
Founded
1899
HQ
North Canton, OH, US | view all locations
Website
https://www.timken.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Richard G. Kyle

    Richard G. Kyle, President, Chief Executive Officer & Director

    • Philip D. Fracassa

      Philip D. Fracassa, Executive Vice President, Chief Financial Officer

    • Hansal N. Patel

      Hansal N. Patel, Vice President, General Counsel and Secretary

    • Sanjay Koul

      Sanjay Koul, President - India and Southeast Asia & Managing Director, India

    Operating MetricsView all

    Backlog (Mobile Industries)

    $1.3B
    4.3%

    FY, 2022

    Backlog (Process Industries)

    $1.2B
    9.0%

    FY, 2022

    Engineering Centers

    28

    FY, 2023

    LocationsView all

    60 locations detected

    • North Canton, OH HQ

      United States

      4500 Mt Pleasant St NW

    • Charlotte, NC

      United States

      Water Oak Building, 8720 #320

    • Irving, TX

      United States

      4545 Fuller Dr #230

    • Los Alamitos, CA

      United States

      4422 Corporate Center Dr

    • Naperville, IL

      United States

      3155 Book Rd Suite #103

    • Peoria, IL

      United States

      8415 N Allen Rd

    and 54 others

    Timken Financials

    Summary Financials

    Revenue (Q1, 2024)
    $1.2B
    Gross profit (Q1, 2024)
    $397.6M
    Net income (Q1, 2024)
    $110.6M
    Cash (Q1, 2024)
    $421.9M
    EBIT (Q1, 2024)
    $184.6M
    Enterprise value
    $8.5B

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