Timken Historical Income Statement

TKR Stock

USD 75.96 0.74 0.98%

Historical analysis of Timken income statement accounts such as Operating Income of 690 M, Ebit of 336.2 M, EBITDA of 481.3 M or Cost Of Revenue of 2.6 B can show how well Timken Company performed in making a profits. Evaluating Timken income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Timken's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

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Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Timken Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Timken Company is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Timken Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

About Timken Income Statement Analysis

Timken Company Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Timken shareholders. The income statement also shows Timken investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Timken Income Statement Chart

At this time, Timken's Gross Profit is relatively stable compared to the past year. As of 11/25/2024, Operating Income is likely to grow to about 690 M, while Total Revenue is likely to drop slightly above 3.4 B.

Total Revenue Gross Profit Other Operating Expenses Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Timken Company generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Timken Company minus its cost of goods sold. It is profit before Timken operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Timken Company. It is also known as Timken overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Timken Company income statement and represents the costs associated with goods and services Timken provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Timken's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Timken Company current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Timken Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

	2021	2022	2023	2024 (projected)
Total Revenue	4.1B	4.5B	4.8B	3.4B
Depreciation And Amortization	167.8M	164M	201.3M	150.7M

Total Revenue Depreciation And Amortization

Timken income statement Correlations

	Depreciation And Amortization	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Selling General Administrative	Research Development	Minority Interest	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.57	0.37	0.16	0.41	0.15	0.37	0.59	0.36	0.39	-0.32	0.38	0.39	0.18	0.35	0.33	-0.43	0.36	0.31	-0.32	-0.23	-0.04	0.59	-0.2	0.3	0.31
Total Revenue	0.57		0.35	0.52	0.83	0.8	0.87	1.0	0.47	0.84	-0.11	0.83	0.8	0.43	0.48	0.09	-0.3	0.66	-0.03	0.05	-0.08	0.26	0.19	-0.29	0.31	0.23
Gross Profit	0.37	0.35		-0.59	0.54	0.19	0.17	0.34	0.23	0.42	-0.68	0.49	0.16	0.8	0.23	-0.18	-0.63	0.36	0.2	0.15	-0.93	0.53	-0.29	-0.8	0.76	0.93
Other Operating Expenses	0.16	0.52	-0.59		0.21	0.44	0.55	0.54	0.24	0.33	0.52	0.26	0.49	-0.35	0.26	0.19	0.31	0.17	-0.21	-0.16	0.69	-0.31	0.43	0.48	-0.45	-0.7
Operating Income	0.41	0.83	0.54	0.21		0.87	0.9	0.83	0.03	0.98	-0.29	0.99	0.85	0.6	0.05	0.25	-0.37	0.88	-0.02	0.32	-0.38	0.47	0.07	-0.54	0.52	0.37
Ebit	0.15	0.8	0.19	0.44	0.87		0.96	0.79	-0.03	0.92	-0.01	0.9	0.91	0.37	-0.02	0.21	-0.11	0.83	-0.07	0.35	0.03	0.38	0.0	-0.28	0.27	0.11
Ebitda	0.37	0.87	0.17	0.55	0.9	0.96		0.87	0.02	0.95	-0.01	0.92	0.96	0.3	0.04	0.31	-0.14	0.84	0.0	0.21	0.04	0.26	0.21	-0.22	0.23	0.03
Cost Of Revenue	0.59	1.0	0.34	0.54	0.83	0.79	0.87		0.45	0.84	-0.09	0.83	0.81	0.39	0.47	0.1	-0.31	0.65	-0.05	0.01	-0.09	0.22	0.2	-0.25	0.28	0.21
Total Operating Expenses	0.36	0.47	0.23	0.24	0.03	-0.03	0.02	0.45		-0.01	-0.08	0.04	-0.09	0.29	1.0	-0.42	-0.12	-0.21	-0.01	-0.3	-0.07	0.05	0.05	-0.14	0.14	0.22
Income Before Tax	0.39	0.84	0.42	0.33	0.98	0.92	0.95	0.84	-0.01		-0.13	0.99	0.93	0.46	0.01	0.3	-0.3	0.89	-0.03	0.23	-0.25	0.35	0.08	-0.4	0.38	0.24
Total Other Income Expense Net	-0.32	-0.11	-0.68	0.52	-0.29	-0.01	-0.01	-0.09	-0.08	-0.13		-0.23	0.1	-0.69	-0.08	0.09	0.41	-0.14	-0.49	-0.47	0.64	-0.55	-0.06	0.75	-0.75	-0.66
Net Income	0.38	0.83	0.49	0.26	0.99	0.9	0.92	0.83	0.04	0.99	-0.23		0.86	0.57	0.06	0.24	-0.36	0.88	-0.01	0.27	-0.32	0.45	0.08	-0.51	0.49	0.31
Income Tax Expense	0.39	0.8	0.16	0.49	0.85	0.91	0.96	0.81	-0.09	0.93	0.1	0.86		0.14	-0.08	0.4	-0.1	0.83	-0.02	0.11	0.03	0.09	0.11	-0.08	0.08	0.04
Interest Expense	0.18	0.43	0.8	-0.35	0.6	0.37	0.3	0.39	0.29	0.46	-0.69	0.57	0.14		0.31	-0.32	-0.51	0.38	0.05	0.44	-0.68	0.88	-0.07	-0.96	0.93	0.71
Selling General Administrative	0.35	0.48	0.23	0.26	0.05	-0.02	0.04	0.47	1.0	0.01	-0.08	0.06	-0.08	0.31		-0.44	-0.12	-0.21	0.0	-0.3	-0.09	0.05	0.04	-0.14	0.13	0.2
Research Development	0.33	0.09	-0.18	0.19	0.25	0.21	0.31	0.1	-0.42	0.3	0.09	0.24	0.4	-0.32	-0.44		0.17	0.58	-0.03	0.03	0.19	-0.26	0.38	0.14	-0.11	-0.2
Minority Interest	-0.43	-0.3	-0.63	0.31	-0.37	-0.11	-0.14	-0.31	-0.12	-0.3	0.41	-0.36	-0.1	-0.51	-0.12	0.17		-0.28	-0.17	0.16	0.57	-0.45	-0.12	0.51	-0.56	-0.59
Net Income From Continuing Ops	0.36	0.66	0.36	0.17	0.88	0.83	0.84	0.65	-0.21	0.89	-0.14	0.88	0.83	0.38	-0.21	0.58	-0.28		-0.09	0.31	-0.18	0.39	0.15	-0.43	0.44	0.28
Non Recurring	0.31	-0.03	0.2	-0.21	-0.02	-0.07	0.0	-0.05	-0.01	-0.03	-0.49	-0.01	-0.02	0.05	0.0	-0.03	-0.17	-0.09		-0.16	-0.2	-0.07	0.15	-0.06	0.06	0.19
Non Operating Income Net Other	-0.32	0.05	0.15	-0.16	0.32	0.35	0.21	0.01	-0.3	0.23	-0.47	0.27	0.11	0.44	-0.3	0.03	0.16	0.31	-0.16		-0.09	0.58	-0.12	-0.51	0.44	0.16
Discontinued Operations	-0.23	-0.08	-0.93	0.69	-0.38	0.03	0.04	-0.09	-0.07	-0.25	0.64	-0.32	0.03	-0.68	-0.09	0.19	0.57	-0.18	-0.2	-0.09		-0.41	0.33	0.71	-0.65	-0.8
Tax Provision	-0.04	0.26	0.53	-0.31	0.47	0.38	0.26	0.22	0.05	0.35	-0.55	0.45	0.09	0.88	0.05	-0.26	-0.45	0.39	-0.07	0.58	-0.41		0.04	-0.89	0.87	0.54
Interest Income	0.59	0.19	-0.29	0.43	0.07	0.0	0.21	0.2	0.05	0.08	-0.06	0.08	0.11	-0.07	0.04	0.38	-0.12	0.15	0.15	-0.12	0.33	0.04		0.01	0.1	-0.33
Net Interest Income	-0.2	-0.29	-0.8	0.48	-0.54	-0.28	-0.22	-0.25	-0.14	-0.4	0.75	-0.51	-0.08	-0.96	-0.14	0.14	0.51	-0.43	-0.06	-0.51	0.71	-0.89	0.01		-0.97	-0.74
Reconciled Depreciation	0.3	0.31	0.76	-0.45	0.52	0.27	0.23	0.28	0.14	0.38	-0.75	0.49	0.08	0.93	0.13	-0.11	-0.56	0.44	0.06	0.44	-0.65	0.87	0.1	-0.97		0.74
Extraordinary Items	0.31	0.23	0.93	-0.7	0.37	0.11	0.03	0.21	0.22	0.24	-0.66	0.31	0.04	0.71	0.2	-0.2	-0.59	0.28	0.19	0.16	-0.8	0.54	-0.33	-0.74	0.74

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Timken Account Relationship Matchups

Timken income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	167.1M	167.8M	164M	201.3M	150.7M
Total Revenue	3.8B	3.5B	4.1B	4.5B	4.8B	3.4B
Gross Profit	1.1B	1.0B	1.1B	1.3B	4.8B	5.0B
Other Operating Expenses	3.3B	3.0B	3.6B	3.8B	740.8M	703.8M
Operating Income	516.4M	454.9M	513.1M	606.9M	657.1M	690.0M
Ebit	706.8M	463.9M	535.4M	658.6M	657.1M	336.2M
Ebitda	707M	631M	703.2M	822.6M	657.1M	481.3M
Cost Of Revenue	2.6B	2.5B	3.0B	3.2B	3.3B	2.6B
Total Operating Expenses	618.6M	533.8M	580.5M	637.1M	740.8M	567.1M
Income Before Tax	472.4M	396.3M	476.6M	550.9M	530.5M	557.0M
Total Other Income Expense Net	(44M)	(58.6M)	(36.5M)	(56M)	(126.6M)	(120.3M)
Net Income	362.1M	284.5M	369.1M	407.4M	408M	428.4M
Income Tax Expense	97.7M	103.9M	95.1M	133.9M	122.5M	71.5M
Interest Expense	67.2M	63.9M	56.5M	70.8M	101.4M	96.3M
Selling General Administrative	618.6M	533M	580.5M	637.1M	714.1M	587.9M
Net Income Applicable To Common Shares	362.1M	284.5M	369.1M	407.4M	468.5M	254.7M
Minority Interest	12.6M	7.9M	(12.4M)	(9.6M)	(12.6M)	(12.0M)
Net Income From Continuing Ops	374.7M	292.4M	381.5M	417M	445.2M	325.1M
Non Recurring	6.8M	21.2M	8.9M	44.1M	39.7M	41.7M
Non Operating Income Net Other	17.9M	13.7M	4M	9.3M	10.7M	7.1M
Tax Provision	97.7M	103.9M	95.1M	133.9M	147.9M	102.0M
Interest Income	4.9M	63.9M	56.5M	70.8M	7.1M	6.7M
Net Interest Income	(67.2M)	(63.9M)	(56.5M)	(70.8M)	(95.5M)	(90.7M)
Reconciled Depreciation	160.6M	167.1M	167.8M	164M	191M	178.2M

Pair Trading with Timken

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Timken position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Timken will appreciate offsetting losses from the drop in the long position's value.

Moving together with Timken Stock

0.82

EML

Eastern

Pair Corr

Moving against Timken Stock

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0.61	KMT	Kennametal	Pair Corr
0.6	RBC	RBC Bearings	Pair Corr
0.48	SNA	Snap On	Pair Corr
0.38	MKTAY	Makita Corp	Pair Corr

The ability to find closely correlated positions to Timken could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Timken when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Timken - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Timken Company to buy it.

The correlation of Timken is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Timken moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Timken Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Timken can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Timken Stock Analysis

When running Timken's price analysis, check to measure Timken's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Timken is operating at the current time. Most of Timken's value examination focuses on studying past and present price action to predict the probability of Timken's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Timken's price. Additionally, you may evaluate how the addition of Timken to your portfolios can decrease your overall portfolio volatility.

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Timken Historical Income Statement

About Timken Income Statement Analysis

Timken Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Timken income statement Correlations

Timken Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Timken income statement Accounts

Pair Trading with Timken

Moving together with Timken Stock

Moving against Timken Stock

Additional Tools for Timken Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Total Revenue
Selling General Administrative	+ 1.0	Total Operating Expenses
Net Income	+ 0.99	Operating Income
Net Income	+ 0.99	Income Before Tax
Income Before Tax	+ 0.98	Operating Income
Ebitda	+ 0.96	Ebit

Reconciled Depreciation	- 0.97	Net Interest Income
Net Interest Income	- 0.96	Interest Expense
Discontinued Operations	- 0.93	Gross Profit
Net Interest Income	- 0.89	Tax Provision
Extraordinary Items	- 0.8	Discontinued Operations
Net Interest Income	- 0.8	Gross Profit