Welcome to our dedicated page for Timken news (Ticker: TKR), a resource for investors and traders seeking the latest updates and insights on Timken stock.
Timken (NYSE: TKR) is a global leader in engineered bearings and industrial motion technologies, serving critical sectors from aerospace to renewable energy. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological advancements.
Access authoritative coverage of Timken's earnings reports, product innovations, and strategic initiatives. Our curated collection includes press releases on new bearing technologies, acquisitions in the power transmission sector, and operational updates—all essential for understanding the company's market position.
Key updates focus on Engineered Bearings innovations, Industrial Motion solutions, and global manufacturing expansions. Stay informed about developments in metallurgy research, sustainability initiatives, and partnerships driving industrial efficiency across Timken's worldwide operations.
Bookmark this page for direct access to primary source materials and analysis-free reporting. Check regularly for updates impacting Timken's role in advancing mechanical power transmission and industrial reliability solutions.
Timken reported Q1 2025 financial results with sales of $1.14 billion, down 4.2% year-over-year. The company's net income was $78.3 million, with diluted EPS of $1.11 and adjusted EPS of $1.40.
Key highlights:
- Net income margin decreased to 6.9% from 8.7% last year
- Adjusted EBITDA margin fell to 18.2% from 20.7%
- Free cash flow improved to $23.4 million
- Returned $48.2 million to shareholders through dividends and share repurchases
The company updated its 2025 outlook due to tariff impacts, now expecting:
- Full-year EPS range of $3.90-$4.40
- Adjusted EPS of $5.10-$5.60
- Revenue growth between -2.5% to 0% compared to 2024
- Cost reduction target of $75 million in savings
Timken (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, has scheduled its 2025 first-quarter financial results announcement for Wednesday, April 30, before the NYSE opening. The company will host a conference call at 11:00 a.m. Eastern Time to discuss performance with investors and analysts.
The company, which recorded $4.6 billion in sales in 2024 and operates in 45 countries with approximately 19,000 employees, will make the financial results and conference call materials available at http://investors.timken.com. A replay of the conference call will be accessible through May 14, 2025.
The Timken Company (NYSE: TKR) announced an immediate CEO transition as Tarak B. Mehta departs from his role as CEO and director by mutual agreement. Richard G. Kyle, a board member and former CEO, has been appointed as interim president and CEO.
Kyle, who previously served as CEO from 2014 to 2024, led the company's transformation into a global diversified industrial leader, achieving record financial performance during his tenure. The Board has initiated a comprehensive CEO search process, partnering with Crist Kolder Associates to identify qualified internal or external candidates.
Timken, a global technology leader in engineered bearings and industrial motion, reported $4.6 billion in sales in 2024 and employs approximately 19,000 people across 45 countries.
Timken (NYSE: TKR) has been recognized as one of the World's Most Ethical Companies® for the 14th time by Ethisphere in 2025. The global technology leader in engineered bearings and industrial motion is among only 10 companies to achieve this distinction 14 or more times.
The recognition highlights Timken's commitment to ethical business practices, with the company being one of 136 honorees across 19 countries and 44 industries. The assessment involved over 240 proof points examining ethics, compliance, governance, environmental and social impact, and value chain initiatives.
Timken, which posted $4.6 billion in sales in 2024 and employs approximately 19,000 people across 45 countries, stands as one of only 12 honorees from the industrial manufacturing sector in this year's list.
Timken (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, has announced its participation in the BofA Global Research Global Industrials Conference in London on March 18, 2025. The company will be represented by Philip D. Fracassa, executive vice president and CFO, and Andreas Roellgen, executive vice president and president of Engineered Bearings.
Conference materials will be accessible at http://investors.timken.com. The company, which has been operating for over 125 years, specializes in engineered bearings and industrial motion solutions across 45 countries. Timken reported $4.6 billion in sales for 2024 and currently employs approximately 19,000 people globally.
Timken (NYSE: TKR) has awarded $540,000 in scholarships to 20 students worldwide through its Timken Global Scholars Program. The recipients, children of Timken employees from the US, India, and France, will pursue various fields of study including biomedical engineering, business, and medical sciences.
The awards include a $25,000 annual Henry Timken Scholar Award, a $20,000 annual Jack Timken Scholar Award, six $10,000 renewable awards, and twelve $10,000 one-time scholarships. Since the program's inception in 1958, Timken's Charitable and Educational Fund has distributed over $27 million to 855 students.
The company, which posted $4.6 billion in sales in 2024 and employs approximately 19,000 people across 45 countries, continues its 125-year legacy of innovation in engineered bearings and industrial motion technology.
The Timken Company (NYSE: TKR), a global leader in engineered bearings and industrial motion, has announced its participation in three major investor conferences in March 2025. The company's Executive VP and CFO Philip D. Fracassa, along with VP of Investor Relations Neil Frohnapple, will attend the Evercore ISI Industrial Conference (March 4), the D.A. Davidson Best-of-Breed Bison Virtual Conference (March 7), and the Loop Capital Equity Research Conference (March 11).
Timken, with a 125-year history of innovation in specialized expertise and customer-centric solutions, reported $4.6 billion in sales for 2024. The company currently employs approximately 19,000 people and operates in 45 countries. Conference materials will be accessible to investors through the company's investor relations website.
The Timken Company (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, has declared a quarterly cash dividend of 34 cents per share, payable on March 7, 2025, to shareholders of record as of Feb. 25, 2025.
This declaration marks 411 consecutive quarters of dividend payments, establishing one of the longest-running dividend streaks among NYSE-listed companies, dating back to its original NYSE listing in 1922. The company reported $4.6 billion in sales in 2024 and operates globally with approximately 19,000 employees across 45 countries.
Timken Company (NYSE: TKR) announced that Christopher A. Coughlin, Executive Vice President and President of Industrial Motion, will retire at the end of 2025 after 41 years with the company. During his tenure, Coughlin played a important role in the company's growth through organic initiatives, product innovation, and strategic M&A. He previously led the engineered bearings business and was instrumental in developing Timken's global manufacturing footprint and distribution network.
The company, which posted $4.6 billion in sales in 2024 and employs approximately 19,000 people across 45 countries, has initiated a search process to identify Coughlin's successor and ensure a smooth transition. Under his leadership, Timken expanded its industrial motion offerings and improved operational efficiency while maintaining high quality and customer service levels.
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