Craft

The Timken Company

Stock Price

$84.4

2024-10-29

Market Capitalization

$5.9 B

2024-10-29

Revenue

$4.8 B

FY, 2023

The Timken Company Summary

Company Summary

Overview
The Timken Company (formerly known as The Timken Roller Bearing and Axle Company) is a company that designs, manufactures, and sells engineered bearings and industrial motion products. It operates through two segments: Engineered Bearings and Industrial Motion. The Engineered Bearings segment specializes in tapered, spherical, cylindrical roller, plain, metal-polymer, rod end bearings, and other products. The Industrial Motion segment focuses on engineered products, including industrial drives, automatic lubrication systems, linear motion products and systems, chains, belts, etc.
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

  • Tarak Mehta

    Tarak Mehta, President and Chief Executive Officer, Director

  • Philip D. Fracassa

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

  • Hansal N. Patel

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

  • Richard G. Kyle

Operating MetricsView all

Backlog

$2.3B
8.6%

FY, 2023

Backlog (Mobile Industries)

$1.3B
4.3%

FY, 2022

Backlog (Process Industries)

$1.2B
9.0%

FY, 2022

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

The Timken Company Financials

Summary Financials

Revenue (Q3, 2024)
$1.1B
Gross profit (Q3, 2024)
$344.4M
Net income (Q3, 2024)
$87.6M
Cash (Q3, 2024)
$412.7M
EBIT (Q3, 2024)
$146.3M
Enterprise value
$7.7B

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