Timken Company (TKR) Revenue & Revenue Breakdown
Timken Company Revenue Highlights
Latest Revenue (Y)
$4.77B
Latest Revenue (Q)
$1.18B
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 |
|---|---|---|
| 2024-06-30 | $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 $1.18B in revenue during Q2 2024, up -0.67% compared to the previous quarter, and up 93.63% 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 |
| EMEA | $1.18B |
| Asia Pacific | $467.50M |
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 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Dec 22 | Jun 18 |
|---|---|---|---|---|---|---|---|
| EMEA | $286.20M | $312.10M | $283.90M | $284.50M | $312.20M | $92.40M | - |
| Asia Pacific Excluding China | $130.00M | $143.10M | $108.60M | $120.40M | - | - | - |
| Canada, Mexico, And South America | $122.80M | $119.30M | $122.60M | $123.90M | - | - | - |
| Mobile Industries | - | - | - | - | - | $495.60M | - |
| Process Industries | - | - | - | - | - | $586.40M | - |
| Asia Pacific | - | - | - | - | - | - | $92.40M |
| Canada Mexico and South America | - | - | - | - | - | - | $42.40M |
| UNITED STATES | - | - | - | - | - | - | $190.00M |
Timken Company's latest quarterly revenue breakdown by geography, as of Jun 24: EMEA (53.10%), Asia Pacific Excluding China (24.12%), and Canada, Mexico, And South America (22.78%).
Timken Company Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| SWK | Stanley Black & Decker | $15.78B | $4.02B |
| SNA | Snap-on | $5.11B | $1.28B |
| TKR | Timken Company | $4.77B | $1.18B |
| TTC | Toro Company | $4.55B | $1.16B |
| LECO | Lincoln Electric | $4.19B | $1.02B |
| KMT | Kennametal | $2.05B | $515.79M |
| RBCP | RBC Bearings | $1.56B | $406.30M |
| HLMN | Hillman Solutions | $1.48B | $379.43M |
| EML | Eastern Company | $273.45M | $73.15T |
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 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). The company'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). TKR's quarterly revenue for Q4 2023 was $1.09B, a -4.51% decrease from the previous quarter (Q3 2023), and a 0.85% increase year-over-year (Q4 2022).
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.