Highest-materiality recent filing
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 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.
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 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 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 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 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.
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
In connection with Mr. Kyle’s notification, the Company has reached an agreement with Tarak Mehta to become the President and Chief Executive Officer of the Company on September 5, 2024 following the conclusion of a negotiated transition period with his current employer (the “Appointment Date”).
Max materiality 0.85 · Median 0.68 · Most common event earnings