Timken Company (TKR) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Timken Company Revenue Highlights

Latest Revenue (Y)

$4.77B

Latest Revenue (Q)

$1.13B

Main Segment (Y)

Process Industries

Main Geography (Y)

EMEA

Timken Company Revenue by Period

Timken Company Revenue by Year

Date	Revenue	Change
2023-12-31	$4.77B	6.06%
2022-12-31	$4.50B	8.80%
2021-12-31	$4.13B	17.64%
2020-12-31	$3.51B	-7.30%
2019-12-31	$3.79B	5.84%
2018-12-31	$3.58B	19.21%
2017-12-31	$3.00B	12.51%
2016-12-31	$2.67B	-7.05%
2015-12-31	$2.87B	-6.63%
2014-12-31	$3.08B	-29.14%
2013-12-31	$4.34B	-12.95%
2012-12-31	$4.99B	-3.54%
2011-12-31	$5.17B	27.49%
2010-12-31	$4.06B	29.09%
2009-12-31	$3.14B	-44.53%
2008-12-31	$5.66B	8.17%
2007-12-31	$5.24B	5.28%
2006-12-31	$4.97B	-3.77%
2005-12-31	$5.17B	14.51%
2004-12-31	$4.51B	19.15%
2003-12-31	$3.79B	48.55%
2002-12-31	$2.55B	4.20%
2001-12-31	$2.45B	-7.41%
2000-12-31	$2.64B	5.93%
1999-12-31	$2.50B	-6.90%
1998-12-31	$2.68B	2.38%
1997-12-31	$2.62B	9.30%
1996-12-31	$2.39B	7.37%
1995-12-31	$2.23B	15.55%
1994-12-31	$1.93B	12.97%
1993-12-31	$1.71B	-

Timken Company generated $4.77B in revenue during NA 2023, up 6.06% compared to the previous quarter, and up 133.18% compared to the same period a year ago.

Timken Company Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.13B	-4.69%
2024-06-30	$1.18B	-0.67%
2024-03-31	$1.19B	9.08%
2023-12-31	$1.09B	-4.51%
2023-09-30	$1.14B	-10.19%
2023-06-30	$1.27B	0.75%
2023-03-31	$1.26B	16.71%
2022-12-31	$1.08B	-4.79%
2022-09-30	$1.14B	-1.50%
2022-06-30	$1.15B	2.59%
2022-03-31	$1.12B	11.64%
2021-12-31	$1.01B	-2.89%
2021-09-30	$1.04B	-2.41%
2021-06-30	$1.06B	3.66%
2021-03-31	$1.03B	14.99%
2020-12-31	$891.70M	-0.32%
2020-09-30	$894.60M	11.34%
2020-06-30	$803.50M	-12.98%
2020-03-31	$923.40M	3.04%
2019-12-31	$896.20M	-1.95%
2019-09-30	$914.00M	-8.60%
2019-06-30	$1.00B	2.07%
2019-03-31	$979.70M	7.65%
2018-12-31	$910.10M	3.27%
2018-09-30	$881.30M	-2.76%
2018-06-30	$906.30M	2.63%
2018-03-31	$883.10M	13.51%
2017-12-31	$778.00M	0.86%
2017-09-30	$771.40M	2.77%
2017-06-30	$750.60M	6.65%
2017-03-31	$703.80M	7.48%
2016-12-31	$654.80M	-0.40%
2016-09-30	$657.40M	-2.40%
2016-06-30	$673.60M	-1.52%
2016-03-31	$684.00M	-4.26%
2015-12-31	$714.40M	0.99%
2015-09-30	$707.40M	-2.83%
2015-06-30	$728.00M	0.76%
2015-03-31	$722.50M	-5.21%
2014-12-31	$762.20M	-3.27%
2014-09-30	$788.00M	-0.15%
2014-06-30	$789.20M	-28.55%
2014-03-31	$1.10B	3.87%
2013-12-31	$1.06B	0.17%
2013-09-30	$1.06B	-5.77%
2013-06-30	$1.13B	3.36%
2013-03-31	$1.09B	0.89%
2012-12-31	$1.08B	-5.44%
2012-09-30	$1.14B	-14.94%
2012-06-30	$1.34B	-5.48%
2012-03-31	$1.42B	12.36%
2011-12-31	$1.26B	-4.32%
2011-09-30	$1.32B	-0.59%
2011-06-30	$1.33B	6.02%
2011-03-31	$1.25B	17.13%
2010-12-31	$1.07B	1.04%
2010-09-30	$1.06B	4.78%
2010-06-30	$1.01B	10.69%
2010-03-31	$913.69M	17.96%
2009-12-31	$774.61M	1.44%
2009-09-30	$763.64M	-7.88%
2009-06-30	$828.93M	-13.69%
2009-03-31	$960.38M	-20.68%
2008-12-31	$1.21B	-18.34%
2008-09-30	$1.48B	-3.44%
2008-06-30	$1.54B	7.03%
2008-03-31	$1.43B	-

Timken Company generated $1.13B in revenue during Q3 2024, up -4.69% compared to the previous quarter, and up 88.56% compared to the same period a year ago.

Timken Company Revenue Breakdown

Timken Company Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Process Industries	$2.39B	$2.17B	$1.84B	-	-
Mobile Industries	$2.11B	$1.97B	$1.67B	-	-
Service Revenue	-	-	-	$0.05	$0.05

Timken Company's latest annual revenue breakdown by segment (product or service), as of Dec 22: Process Industries (53.15%), and Mobile Industries (46.85%).

Quarterly Revenue by Product

Product/Service	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
Mobile Industries	$495.60M	$526.90M	$543.60M	$540.40M	$479.70M	$487.30M	$494.20M	$504.50M	$433.70M	$428.60M	$342.60M	$445.10M	$455.10M	$493.70M	-	-	-	-	-
Process Industries	$586.40M	$609.50M	$610.10M	$584.20M	$527.60M	$550.00M	$568.70M	$520.90M	$458.00M	$466.00M	$460.90M	$451.10M	$458.90M	$506.30M	-	-	-	-	-
Service Revenue	-	-	-	-	-	-	-	-	-	-	-	$0.05	$0.05	$0.03	$0.02	$0.05	-	-	-

Timken Company's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Process Industries (54.20%), and Mobile Industries (45.80%).

Timken Company Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23
Canada Mexico and South America	$481.70M
Asia Pacific	$467.50M
EMEA	$1.18B

Timken Company's latest annual revenue breakdown by geography, as of Dec 23: EMEA (55.38%), Canada Mexico and South America (22.64%), and Asia Pacific (21.97%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Dec 22	Jun 18
Asia Pacific Excluding China	$125.00M	$130.00M	$143.10M	$108.60M	$120.40M	-	-	-
Canada, Mexico, And South America	$123.60M	$122.80M	$119.30M	$122.60M	$123.90M	-	-	-
EMEA	$263.90M	$286.20M	$312.10M	$283.90M	$284.50M	$312.20M	$92.40M	-
Process Industries	-	-	-	-	-	-	$586.40M	-
Mobile Industries	-	-	-	-	-	-	$495.60M	-
Canada Mexico and South America	-	-	-	-	-	-	-	$42.40M
UNITED STATES	-	-	-	-	-	-	-	$190.00M
Asia Pacific	-	-	-	-	-	-	-	$92.40M

Timken Company's latest quarterly revenue breakdown by geography, as of Sep 24: EMEA (51.49%), Asia Pacific Excluding China (24.39%), and Canada, Mexico, And South America (24.12%).

Timken Company Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
SWK	Stanley Black & Decker	$15.78B	$3.75B
SNA	Snap-on	$5.11B	$1.15B
TKR	Timken Company	$4.77B	$1.13B
TTC	Toro Company	$4.55B	$1.16B
LECO	Lincoln Electric	$4.19B	$983.76M
KMT	Kennametal	$2.05B	$481.95M
RBCP	RBC Bearings	$1.56B	$397.90M
HLMN	Hillman Solutions	$1.48B	$743.60M
EML	Eastern Company	$273.45M	$71.27T

TKR Revenue FAQ

What is Timken Company’s yearly revenue?

Timken Company's yearly revenue for 2023 was $4.77B, representing an increase of 6.06% compared to 2022. The company's yearly revenue for 2022 was $4.5B, representing an increase of 8.80% compared to 2021. TKR's yearly revenue for 2021 was $4.13B, representing an increase of 17.64% compared to 2020.

What is Timken Company’s quarterly revenue?

Timken Company's quarterly revenue for Q3 2024 was $1.13B, a -4.69% decrease from the previous quarter (Q2 2024), and a -1.39% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.18B, a -0.67% decrease from the previous quarter (Q1 2024), and a -7.07% decrease year-over-year (Q2 2023). TKR's quarterly revenue for Q1 2024 was $1.19B, a 9.08% increase from the previous quarter (Q4 2023), and a -5.74% decrease year-over-year (Q1 2023).

What is Timken Company’s revenue growth rate?

Timken Company's revenue growth rate for the last 3 years (2021-2023) was 15.39%, and for the last 5 years (2019-2023) was 25.83%.

What are Timken Company’s revenue streams?

Timken Company's revenue streams in c 22 are Process Industries, and Mobile Industries. Process Industries generated $2.39B in revenue, accounting 53.15% of the company's total revenue, up 10.29% year-over-year. Mobile Industries generated $2.11B in revenue, accounting 46.85% of the company's total revenue, up 7.16% year-over-year.

What is Timken Company’s main source of revenue?

For the fiscal year ending Dec 22, the largest source of revenue of Timken Company was Process Industries. This segment made a revenue of $2.39B, representing 53.15% of the company's total revenue.