Timken (TKR) stock price, revenue, and financials

Timken market cap is $4.4 b, and annual revenue was $4.13 b in FY 2021

$4.4 B

TKR Mkt cap, 13-May-2022

$1.1 B

Timken Revenue Q1, 2022
Timken Gross profit (Q1, 2022)327.4 M
Timken Net income (Q1, 2022)121.9 M
Timken EBIT (Q1, 2022)172.3 M
Timken Cash, 31-Mar-2022424.5 M
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Timken Revenue

Timken revenue was $4.13 b in FY, 2021 which is a 17.6% year over year increase from the previous period.

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Timken Revenue Breakdown

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Timken revenue breakdown by business segment: 47.4% from Mobile Industries and 52.6% from Process Industries

Timken revenue breakdown by geographic segment: 41.9% from United States, 24.9% from Europe / Middle East / Africa, 8.8% from Asia-Pacific, 9.6% from Americas and 14.8% from China

Timken Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

3.8b3.5b4.1b

Revenue growth, %

6%(7%)18%

Cost of goods sold

2.6b2.5b3.0b

Gross profit

1.1b1.0b1.1b

Gross profit Margin, %

30%29%27%

General and administrative expense

618.6m533.8m580.5m

Operating expense total

625.4m555.0m589.4m

EBIT

516.4m454.9m513.1m

EBIT margin, %

14%13%12%

Interest expense

72.1m67.6m58.8m

Interest income

4.9m3.7m2.3m

Pre tax profit

472.4m396.3m476.6m

Income tax expense

97.7m103.9m95.1m

Net Income

362.1m292.4m381.5m

EPS

4.73.74.8

Timken Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

209.5m320.3m257.1m

Accounts Receivable

545.1m581.1m626.4m

Inventories

842.0m841.3m1.0b

Current Assets

1.9b2.0b2.2b

PP&E

989.2m1.0b1.1b

Goodwill

993.7m1.0b1.0b

Total Assets

4.9b5.0b5.2b

Accounts Payable

301.7m351.4m430.0m

Short-term debt

110.3m157.9m53.8m

Current Liabilities

736.6m848.0m896.6m

Long-term debt

1.7b1.5b1.5b

Non-Current Liabilities

2.2b2.0b1.9b

Total Debt

1.8b1.7b1.5b

Total Liabilities

2.9b2.8b2.8b

Common Stock

53.1m40.7m40.7m

Additional Paid-in Capital

937.6m740.7m786.9m

Retained Earnings

1.9b1.3b1.6b

Total Equity

2.0b2.2b2.4b

Debt to Equity Ratio

0.9 x0.7 x0.6 x

Debt to Assets Ratio

0.4 x0.3 x0.3 x

Financial Leverage

2.5 x2.3 x2.2 x

Timken Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

374.7m292.4m381.5m

Depreciation and Amortization

160.6m167.1m167.8m

Accounts Receivable

24.1m(20.7m)(55.8m)

Inventories

50.7m27.4m(215.8m)

Accounts Payable

19.9m22.6m76.7m

Cash From Operating Activities

550.1m577.6m387.3m

Capital Expenditures

(140.6m)(121.6m)(148.3m)

Cash From Investing Activities

(364.9m)(153.5m)(173.8m)

Short-term Borrowings

(17.0m)40.1m(14.5m)

Long-term Borrowings

(633.8m)(757.7m)(338.3m)

Dividends Paid

(84.9m)(87.0m)(92.7m)

Cash From Financing Activities

(100.7m)(331.1m)(269.3m)

Net Change in Cash

83.1m104.9m(63.2m)

Free Cash Flow

409.5m456.0m239.0m

Timken Ratios

USDQ1, 2019

EV/EBIT

32.6 x

EV/CFO

93.5 x

EV/FCF

135.5 x

Debt/Equity

1.1 x

Debt/Assets

0.4 x

Financial Leverage

2.7 x

P/E Ratio

36.7

Timken Operating Metrics

Timken's Backlog was reported to be $2.4b in FY, 2021.
Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021

Countries

353535424242424242424242

Manufacturing Facilities

125127129

Distribution Centers

686862

Backlog

$1.74 b$2.03 b$2.45 b

Backlog (Mobile Industries)

$952.9 m$1.01 b$1.35 b

Backlog (Process Industries)

$782.5 m$1.02 b$1.1 b

Engineering Centers

212123

Floor Space, square feet

12.4 m

Remaining Performance Obligations

$129 m$110 m$231 m$204.6 m$175.4 m$244 m$246 m$224.3 m$388.5 m$456.9 m$417.8 m$234.1 m

Timken Human Capital

Ethnicity

FY, 2019FY, 2018
Ethnic/Racial Non-Minorities (Board of Directors, USA), percent30.3%
Ethnic/Racial Non-Minorities (Executive Leaders, USA), percent29.8%
Ethnic Non-Minorities (USA), percent 28%
Ethnic Minorities (USA), percent5.4%
Other6.5%
Not Specified, percent100%

Gender

FY, 2019FY, 2018
Male (Executive Leadership), percent29.8%
Male (Board), percent24.2%
Female (Board), percent9.1%
Male, percent25.9%76.4%
Female, percent7.4%23.6%
Other3.5%

Timken Employee Rating

3.6711 votes
Culture & Values
3.5
Work/Life Balance
3.4
Senior Management
3.1
Salary & Benefits
3.5
Career Opportunities
3.4
Source