Highest-materiality recent filing
Timken Q2 adjusted EPS $1.83, up 29% YoY; raises 2026 adjusted EPS outlook to $6.05-$6.35
Sales $1.26B, up 7.5% YoY; organic sales up 4.4%. Adjusted EBITDA margin 19.6% vs 17.7% last year.
Timken appoints Stephen Ribaudo as EVP & COO, Timothy Graham as EVP & CCO
Stephen Ribaudo appointed EVP & COO effective Sept 1, 2026; previously at Carrier.
Timken enters $1.2B unsecured revolving credit facility maturing 2031
$1.2 billion unsecured revolving credit facility, matures July 2, 2031.
Timken enters retention agreement with EVP Hansal Patel through June 2028
Hansal N. Patel, EVP General Counsel & Corporate Development, receives special vesting on equity and STIP to retain him until June 30, 2028.
Timken Q1 sales up 8% to $1.23B; raises 2026 EPS guidance to $4.70-$5.20
Diluted EPS $1.40 vs $1.11 last year; adjusted EPS $1.67 vs $1.40.
Timken EVP & President of Engineered Bearings departs; interim appointed
Andreas Roellgen ceased as EVP and President of Engineered Bearings effective April 16, 2026.
Timken authorizes buyback of up to 10M shares, replacing prior plan expiring Feb 2026
Board approved 2026 Share Purchase Plan on Feb 13, effective March 1, 2026, for up to 10 million common shares.
Timken director James F. Palmer to retire March 31; Audit Committee chair passes to Sarah C. Lauber
Mutually agreed retirement of director James F. Palmer effective March 31, 2026.
Q4 2025 net sales $1.11B (+3.5% YoY); organic sales +1.3%; diluted EPS $0.89, adjusted EPS $1.14.
Timken Q3 2025 sales up 2.7% to $1.16B; adjusted EPS $1.37, up 11.4% YoY
Diluted EPS $0.99 (down 14.7% YoY); adjusted EPS $1.37 (up 11.4% from $1.23).
Timken appoints Lucian Boldea as President & CEO effective Sept 1, 2025
Lucian Boldea, 54, previously led Honeywell's Industrial Automation segment since Jan 2024, will become President & CEO.
Timken appoints Michael Discenza CFO, replacing Philip Fracassa departing Sept 5, 2025
Michael A. Discenza named CFO effective Aug 14, 2025, succeeding Philip D. Fracassa who departs Sept 5 for another opportunity.
Timken Q2 2025 EPS $1.12, adj. EPS $1.42; lowers FY25 guidance high-end
Sales $1.17B, down 0.8% YoY; organic sales down 2.5%.
Timken shareholders elect 12 directors, approve say-on-pay, defeat two shareholder proposals
All 12 director nominees elected; votes for ranged from 54.4M to 58.3M.
Timken Q1 sales down 4.2% to $1.14B; FY2025 EPS guidance cut on tariff impact
Sales $1.14B, -4.2% YoY; diluted EPS $1.11 (adj. $1.40) vs $1.46 ($1.77) last year.
Timken CEO Tarak Mehta departs; former CEO Richard Kyle returns as interim
Tarak Mehta and Timken mutually agreed to his departure as President and CEO, effective March 31, 2025; he also left the Board.
Timken Q4 net income up to $1.01 EPS; adj EPS $1.16; EVP Coughlin to retire Dec 2025
Q4 sales $1.07B (-1.6% YoY); diluted EPS $1.01 (up from $0.83); adj EPS $1.16 (down from $1.37).
Timken expands board to 13, appoints Hillenbrand CEO Kimberly Ryan as director
Board size increased from 12 to 13; Kimberly K. Ryan elected director effective Jan 21, 2025.
Timken Q3 adjusted EPS $1.23 vs $1.55 YoY; lowers FY2024 EPS outlook to $5.55-$5.65
Q3 sales $1.13B, down 1.4% YoY; organic sales down 2.9%.
Timken appoints Tarak Mehta as CEO; Richard Kyle to retire by Feb 2025
Tarak Mehta named President and CEO, effective after Timken files Q3 2024 10-Q (expected Nov 2024).
Timken expands board to 11, elects Todd Leombruno as director
Board increased from 10 to 11 members; Leombruno starts August 8, 2024.
Timken Q2 2024: sales $1.18B (-7.1%), EPS $1.36; FY2024 EPS outlook $5.00-$5.20
Net income $96.2M ($1.36 EPS) vs $125.2M ($1.73) YoY; adjusted EPS $1.63 vs $2.01.
Timken sells 5.0M TIL shares for >$230M; ownership drops to 51.05%
Gross proceeds over $230M from sale of 5.0M shares of Timken India Limited.
Timken issues €600M of 4.125% Senior Notes due 2034
€600,000,000 aggregate principal amount of 4.125% Senior Notes due 2034 issued.
Timken shareholders elect ten directors, approve say-on-pay, reject climate proposal
All ten director nominees elected; Christopher L. Mapes received 49.7M votes for (80.5% of votes cast).
Timken names Tarak Mehta as CEO; Kyle to retire and become advisor
Tarak Mehta appointed CEO effective Sept 5, 2024; Richard Kyle to retire as CEO and serve as advisor through Feb 15, 2025.
Timken Q1 sales $1.19B (-5.7% YoY), GAAP EPS $1.46; raises FY2024 guidance
Net income $103.5M vs $122.3M YoY; adjusted net income $125.7M or $1.77 adjusted EPS.
Timken CEO Richard Kyle to retire; Tarak Mehta named successor effective Sept 5, 2024
Richard G. Kyle notified company of retirement on March 26, 2024; will leave as CEO on Sept 5, 2024.
Timken Q4 EPS $0.83 ($1.37 adjusted); record FY 2023 sales $4.8B; 2024 guidance softer
Q4 2023 sales $1.09B (+0.9% YoY); net income $58.7M ($0.83 diluted EPS) vs $97.2M ($1.32) prior year.
Timken Q3 adjusted EPS $1.55 on sales $1.14B; updates 2023 outlook
Sales $1.14B, up 0.6% YoY; EPS $1.23, adjusted EPS $1.55.
Timken board adopts annual say-on-pay votes through 2029 after shareholder recommendation
Shareholders at May 5, 2023 annual meeting recommended annual advisory votes on executive compensation.
Timken Q2 2023: record sales $1.27B, adj EPS $2.01; updates FY adj EPS guidance to $6.90-$7.30
Record Q2 sales $1.27B (+10.3% YoY); net income $125.2M ($1.73 EPS), adjusted net income $146.1M ($2.01 EPS).
Timken sells 7.6M shares of Timken India for ~$288M; ownership drops to 57.7%
Gross proceeds of ~$288 million from sale, reducing ownership from 67.8% to 57.7%.
Timken shareholders elect all 11 directors; special meeting proposal fails
All 11 director nominees elected; largest withhold was Mapes with 6,630,147 votes withheld.
Timken Q1 record sales $1.26B, adj EPS $2.09; raises FY23 outlook
Record Q1 sales of $1.26B, up 12% total and 11% organically YoY.
New segments: Engineered Bearings and Industrial Motion, effective Q1 2023.
Timken Q4 sales $1.08B, EPS $1.32; record FY22 adj. EPS $6.02; FY23 guidance $6.50-$7.10
Q4 sales $1.08B (+7.4% total, +10.2% organic); EPS $1.32; adjusted EPS $1.22 (Q4 record).
Timken enters into $1.15B credit facilities, refinances $312.8M term loan
$400M unsecured term loan and $750M unsecured revolving credit facility, both maturing Dec 5, 2027.
Timken Q3 adj EPS $1.52 beats; raises FY22 outlook; announces GGB Bearings acquisition
Q3 sales $1.14B (+9.6% total, +13.6% organic); GAAP EPS $1.18, adj EPS $1.52 (record Q3).
Timken reports record Q2 sales $1.15B, adjusted EPS $1.67, raises FY2022 guidance
Record Q2 sales $1.15B, up 8.5% YoY (organic +11%), led by industrial distribution and off-highway.
Twelve directors elected with majority support; broker non-votes ~3M shares.
Timken posts record Q1 sales $1.125B, adjusted EPS $1.61; acquires Spinea
Record Q1 sales $1.125B (+9.7% YoY); GAAP EPS $1.56, adjusted EPS $1.61 (record quarterly).
Timken issues $350M of 4.125% Senior Notes due 2032
Offered $350M aggregate principal, 4.125% coupon, maturing in 2032.
Timken reports record FY21 EPS $4.79; Q4 sales $1.01B, +13%
Q4 sales $1.01B (+13% YoY); GAAP EPS $0.82, adjusted EPS $0.78 (down from $0.84).
Timken extends $100M accounts receivable facility maturity to Nov 2024
Amended existing $100 million AR facility; maturity extended from original date to November 30, 2024.
Timken Q3 2021 sales up 16% to $1.04B; adjusted EPS $1.18, a Q3 record
Q3 sales $1.04B (+16% YoY); GAAP EPS $1.14; adjusted EPS $1.18.
Timken EVP-HR Ronald Myers to retire by end of November 2021; deferred share award modified
Ronald J. Myers, EVP – Human Resources, notified retirement effective by end of November 2021 after nearly 40 years.
Timken posts record Q2 sales of $1.06B (+32%); GAAP EPS $1.36, adjusted $1.37
Record revenue $1.06B, up 32% YoY; net income $104.8M vs $61.9M last year.
On July 29, 2026, the Board of Directors (the “Board”) of The Timken Company (the “Company”) appointed Stephen P. Ribaudo to the position of Executive Vice President and Chief Operating Officer of the Company effective as of September 1, 2026.
the Company and Tarak B. Mehta, the President and Chief Executive Officer of the Company, had mutually agreed that Mr. Mehta would depart from the Company, including resigning as a member of the Company’s Board of Directors (the “Board”), effective immediately.
the Board had appointed Richard G. Kyle as the interim President and Chief Executive Officer of the Company, effective immediately.
On February 3, 2025, Christopher A. Coughlin, Executive Vice President, President of Industrial Motion, of the Company notified the Company of his intention to retire by the end of December 2025.
On January 21, 2025, the Board of Directors (the “Board”) of The Timken Company (the “Company”) approved an increase in the size of the Board from twelve to thirteen members and elected Kimberly K. Ryan as a director.
appointed Richard G. Kyle Advisor to the CEO
Mr. Kyle will serve as Advisor to the CEO until his retirement as an employee of the Company on February 15, 2025.
appointed Tarak Mehta President and Chief Executive Officer of the Company
elected Mr. Mehta as a Director
On August 7, 2024, the Board of Directors (the “Board”) of The Timken Company (the “Company”) approved an increase in the size of the Board from ten to eleven members and elected Todd M. Leombruno as a director.
Tarak Mehta would be appointed CEO on September 5, 2024
Richard G. Kyle, President and Chief Executive Officer (“CEO”) of the Company would be retiring from his position as CEO
Max materiality 0.85 · Median 0.70 · Most common event earnings