---
schema_version: "secwatch.filing_event.v1"
accession: "0000098362-24-000007"
form_type: "8-K"
ticker: "TKR"
cik: "0000098362"
company_name: "TIMKEN CO"
filed_at: "2024-02-05T23:59:59+00:00"
generated_at: "2026-06-06T09:40:01.645626+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Timken Q4 EPS $0.83 ($1.37 adjusted); record FY 2023 sales $4.8B; 2024 guidance softer

## Summary
- Q4 2023 sales $1.09B (+0.9% YoY); net income $58.7M ($0.83 diluted EPS) vs $97.2M ($1.32) prior year.
- Q4 adjusted net income $97.3M ($1.37 adjusted EPS); adjusted EBITDA margin 17.9% vs 17.2% year ago.
- FY 2023 record sales $4.8B (+6.1%); record adjusted EPS $7.05; adjusted EBITDA margin 19.7%.
- Initial 2024 guidance: EPS $4.90-$5.30, adjusted EPS $5.80-$6.20 on 2.5%-4.5% lower total revenue.
- Closed acquisitions of iMECH and Lagersmit in Q4; combined expected to add ~$70M pro forma annual revenue.

## SEC filing metadata
- accession: 0000098362-24-000007
- form_type: 8-K
- ticker: TKR
- cik: 0000098362
- company_name: TIMKEN CO
- filed_at: 2024-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/98362/000009836224000007/0000098362-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/98362/000009836224000007/tkr-20240205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000098362-24-000007
- JSON: https://secwatch.observer/filing/0000098362-24-000007.json
- Plain text: https://secwatch.observer/filing/0000098362-24-000007.txt

## Key facts
- Earnings Releases
  TIMKEN CO reported full year of 2023 results: revenue $4.8 billion, net income $394.1 million or $5.47 per diluted share, EPS $5.47 per diluted share. Guidance initiated.
  - Period: full year of 2023
  - Revenue: $4.8 billion
  - Net income: $394.1 million or $5.47 per diluted share
  - EPS: $5.47 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023 • Sales of $1.09 billion in the fourth quarter, up 1 percent from last year • Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 • Record full-year sales of $4.8 billion, up 6 percent from last year • Full-year 2023 EPS of $5.47; record adjusted EPS of $7.05 • Full-year net income margin of 8.3 percent; adjusted EBITDA margin of 19.7 percent • Company provides initial estimate for 2024 EPS of $4.90-$5.30, with adjusted EPS of $5.80-$6.20 on lower anticipated demand
  evidence_url: https://www.sec.gov/Archives/edgar/data/98362/000009836224000007/0000098362-24-000007-index.htm
- Earnings Releases
  TIMKEN CO reported fourth quarter of 2023 results: revenue $1.09 billion, net income $58.7 million or $0.83 per diluted share, EPS $0.83 per diluted share.
  - Period: fourth quarter of 2023
  - Revenue: $1.09 billion
  - Net income: $58.7 million or $0.83 per diluted share
  - EPS: $0.83 per diluted share
  - Result: reported results
  source text: be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023 • Sales of $1.09 billion in the fourth quarter, up 1 percent from last year • Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 • Record full-year sales of $4.8 billion, up 6 percent from
  evidence_url: https://www.sec.gov/Archives/edgar/data/98362/000009836224000007/0000098362-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.