How did Timken's revenue and expenses perform in Q4 2024?
5/7/2025 05:18pm
Timken's revenue for Q4 2024 was $3.03 billion, with significant contributions from its Engineered Bearings and Industrial Motion segments. The Engineered Bearings segment generated $2.33 billion, while the Industrial Motion segment contributed $1.54 billion. Additionally, the company reported $760.7 million from its Engineered Bearings segment and $379.6 million from its Industrial Motion segment.
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|TKR|TKR.N|The Timken|20240101-2024|Industrial Motion|1.5387E9|169|
|TKR|TKR.N|The Timken|20240101-2024|Industrial Motion|1.1728E9|169|
|TKR|TKR.N|The Timken|20240101-2024|Industrial Motion|7.867E8|169|
|TKR|TKR.N|The Timken|20240101-2024|Industrial Motion|3.878E8|169|
|TKR|TKR.N|The Timken|20240101-2024|Engineered Bearings|8.025E8|169|
|TKR|TKR.N|The Timken|20240101-2024|Industrial Motion|3.878E8|169|
Timken's net income for the quarter was $75.1 million. The company's operating expenses for Q4 2024 were not provided, but the net income figure indicates that the company was profitable during the period.
|code|Ticker|Name|Date|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|TKR|TKR.N|The Timken|2023 Q4||6.19E7|169|
|TKR|TKR.N|The Timken|2024 Q1||1.106E8|169|
|TKR|TKR.N|The Timken|2024 Q2||1.02E8|169|
|TKR|TKR.N|The Timken|2024 Q3||8.76E7|169|