Company

The Timken Company

Headquarters: North Canton, OH, United States

Founded: 1899

Employees: 18,029

CEO: Mr. Richard G. Kyle

show_chart NYSE: TKR -1.12%

Market Cap

$5.31 Billion

USD as of Jan. 1, 2023

history Market Cap History

The Timken Company market capitalization over time

Evolution of The Timken Company market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of The Timken Company

Detailed Description

The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment, and power sports markets; and on-highway vehicles, including passenger cars, light trucks, and medium- and heavy-duty trucks, as well as rail cars and locomotives. It also provides power transmission systems and flight-critical components for civil and military aircraft, which include bearings, rotor-head assemblies, helicopter transmission systems, turbine engine components, gears, and housings. This segment sells its parts through a network of authorized automotive and heavy-truck distributors to individual end-users, equipment owners, operators, and maintenance shops. The Process Industries segment provides industrial bearings and assemblies; power transmission components, such as gears and gearboxes; and linear motion products, couplings, seals, lubricants, chains, belts, and related products and services to OEMs and end-users in various industries. It also offers aftermarket sales and service needs through a network of authorized industrial distributors; and repair and service for bearings and gearboxes, as well as electric motor rewind, repair, and services to end-users. The company offers its products under the Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld brands. The Timken Company was founded in 1899 and is headquartered in North Canton, Ohio.

Stocks & Indices

The Timken Company has the following listings and related stock indices.


Stock: NYSE: TKR

Stock: FSX: TKH

Product & Services

Bearings

Key People

Founder(s): Henry Timken

John M. Timken Jr. (Non- Executive Chairman of the Board of Directors), Richard G. Kyle (President & CEO)

Financials

Revenue: US$ $3.51 billion (FY 2020)

Operating income: US$ $545.9 million (FY 2017)

Net income: US$ $292.4 million (FY 2017)


Total assets: US$ $5.0 billion (FY 2017)

Total equity: US$ $2.2 billion (FY 2017)

Details

Headquarters:

4500 Mount Pleasant Street NW

North Canton, OH 44720-5450

United States

Phone: 234 262 3000