Craft
Timken

Timken

Stock Price

$76.2

2023-03-24

Market Capitalization

$5.5 B

2023-03-24

Revenue

$4.5 B

FY, 2022

Timken Summary

Company summary

Overview
Timken is a company that manufactures and markets engineered bearings and industrial motion products. Timken offers housed, plain, spherical, and cylindrical roller, tapered roller bearings, linear motion products, industrial drives, lubrication systems, chains, belts, couplings, industrial clutches and brakes, and other products. It operates a range of brands, including Cone Drive, Lovejoy, Rollon, Standard Machine, Drives, and Philadelphia Gear. The company serves rail, outdoor power equipment, mining, metals, food and beverage, energy, defense, construction, civil aerospace, and other markets. 
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, CEO, Board Member

    • Philip D. Fracassa

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

    • Christopher A. Coughlin

      Christopher A. Coughlin, EVP, President of Industrial Motion

      • Andreas Roellgen

        Andreas Roellgen, EVP and President of Engineered Bearings

      Operating MetricsView all

      Backlog (Process Industries)

      $1.2B
      9.0%

      FY, 2022

      Backlog (Mobile Industries)

      $1.3B
      4.3%

      FY, 2022

      Remaining Performance Obligations

      $171M
      27.0%

      FY, 2022

      LocationsView all

      47 locations detected

      • North Canton, OH HQ

        United States

        4500 Mount Pleasant NW

      • Charlotte, NC

        United States

        8701 Red Oak Blvd

      • Los Alamitos, CA

        United States

        4422 Corporate Center Dr

      • Montgomery, IL

        United States

        901 Aucutt Rd

      • Naperville, IL

        United States

        3155 Book Rd Suite #103

      • Novi, MI

        United States

        28125 Cabot Dr

      and 41 others

      Timken Financials

      Summary financials

      Revenue (FY, 2022)
      $4.5B
      Gross profit (FY, 2022)
      $1.3B
      Net income (FY, 2022)
      $417.0M
      Cash (FY, 2022)
      $331.6M
      EBIT (FY, 2022)
      $606.9M
      Enterprise value
      $7.2B

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