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.
The Timken Company (NYSE: TKR) regularly issues news as a global technology leader in engineered bearings and industrial motion. This news page aggregates company press releases and third-party coverage so readers can follow developments that Timken reports to investors, customers and other stakeholders.
Timken’s news flow often includes financial results, such as quarterly earnings releases that discuss net sales, segment performance for Engineered Bearings and Industrial Motion, margins, cash flow and outlook updates. These announcements are typically accompanied by conference call details and presentation materials for investors and securities analysts.
Another recurring theme in Timken news is leadership and governance updates. The company has reported appointments of its president and chief executive officer, vice president and chief financial officer, and other senior leaders, as well as new roles such as chief technology officer and vice president of marketing. These items describe changes in responsibilities, compensation arrangements and the company’s focus on technology strategy, market and channel strategy and regional growth.
Timken also issues releases on capital markets and regulatory matters, including participation in investor conferences and applications related to its reporting status in specific jurisdictions. In addition, the company highlights dividend declarations, noting its long history of paying quarterly dividends since its NYSE listing in 1922.
Readers interested in environmental, social and governance topics can find news about corporate responsibility and ethics recognitions, such as Timken’s inclusion on Newsweek's America's Most Responsible Companies list and its recognition as one of the World's Most Ethical Companies by Ethisphere. For investors, customers and observers of the industrial and capital goods sector, this page offers a centralized view of Timken’s official announcements over time.
Timken (NYSE: TKR), a global leader in engineered bearings and industrial motion, has announced its participation in the upcoming KeyBanc Industrials & Basic Materials Conference on May 28, 2025, in Boston. The company will be represented by Philip D. Fracassa, executive vice president and CFO, and Neil Frohnapple, vice president of investor relations.
Timken, with a 125-year history in specialized expertise and innovation, reported $4.6 billion in sales for 2024 and maintains a global workforce of approximately 19,000 employees across 45 countries. Conference materials will be accessible to investors through the company's investor relations website.
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.