Timken Co (N:TKR)

Business Focus: Industrial Machinery & Equipment

Sector:  Industrials Industry:  Industrial Machinery & Equipment
See Regulatory Filings on SEC
Company Contact
Address: 4500 Mount Pleasant St NW
NORTH CANTON OH 44720-5450
Tel: 1-234-2627101
Website: www.timken.com
IR: See website
Key People
Richard G. Kyle
President, Chief Executive Officer, Director
Philip D. Fracassa
Chief Financial Officer, Executive Vice President
Ronald J. Myers
Executive Vice President - Human Resources
Christopher A. Coughlin
Executive Vice President, Group President
Business Overview
The Timken Company offers a portfolio of engineered bearings and power transmission products. The Timken bearing portfolio features a broad range of engineered bearing products, including tapered, spherical and cylindrical roller bearings; thrust and ball bearings; and housed units. Its power transmission products include linear motion products, gear drives, lubrication systems, belts, chain, couplings, aerospace drive system, industrial clutches and brakes, and other products. The Company's portfolio features various brands including Timken, Fafnir, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy and Groeneveld. The Company operates in over 35 countries.
Financial Overview
For the nine months ended 30 September 2019, Timken Co revenues increased 8% to $2.89B. Net income increased 2% to $248.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Selling, general and administrative expe increase of 6% to $459.4M (expense), Interest Expenses increase of 67% to $55.5M (expense).
Employees: 17,000 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $5,500M as of Sep 30, 2019
Annual revenue (TTM): $3,804M as of Sep 30, 2019
EBITDA (TTM): $693.10M as of Sep 30, 2019
Net annual income (TTM): $308.60M as of Sep 30, 2019
Free cash flow (TTM): $274.30M as of Sep 30, 2019
Net Debt Last Fiscal Year: $1,469M as of Sep 30, 2019
Shares outstanding: 75,324,189 as of Sep 30, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization