earnings
confidence high
sentiment negative
materiality 0.75
Timken Q4 net income up to $1.01 EPS; adj EPS $1.16; EVP Coughlin to retire Dec 2025
TIMKEN CO
2024-FY EPS reported
$4.99
revenue$4,573,000,000
- Q4 sales $1.07B (-1.6% YoY); diluted EPS $1.01 (up from $0.83); adj EPS $1.16 (down from $1.37).
- FY2024 sales $4.57B (-4.1%); diluted EPS $4.99; adj EPS $5.79; free cash flow $306M.
- FY2025 EPS guidance $4.30-$4.80; adj EPS $5.30-$5.80; cost actions target $75M gross savings.
- EVP Christopher A. Coughlin (President, Industrial Motion) will retire by end Dec 2025 after 41 years.
- Net debt to adjusted EBITDA at 2.0x; reduced total debt by $333M in 2024.