Company profile

Ticker
TKR
Exchange
Website
CEO
Richard G. Kyle
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
340577130

TKR stock data

(
)

Calendar

1 May 20
9 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 923.4M 896.2M 914M 1B
Net income 84M 117.8M 66.7M 94.9M
Diluted EPS 1.06 1.48 0.84 1.2
Net profit margin 9.10% 13.14% 7.30% 9.49%
Operating income 121.7M 93.5M 127.9M 145.1M
Net change in cash 178M 28.1M 14.6M -73.3M
Cash on hand 387.5M 209.5M 181.4M 166.8M
Cost of revenue 644.5M 640.2M 636.5M 694.3M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 3.79B 3.58B 3B 2.67B
Net income 374.7M 305.5M 202.3M 141.1M
Diluted EPS 4.71 3.86 2.58 1.78
Net profit margin 9.89% 8.53% 6.73% 5.29%
Operating income 516.4M 454.5M 299.5M 244.4M
Net change in cash 77M 10.9M -29.9M 21.9M
Cash on hand 209.5M 132.5M 121.6M 151.5M
Cost of revenue 2.65B 2.54B 2.19B 1.96B

Financial data from Timken earnings reports

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
10 May 20 Timken John M JR Common Stock Grant Aquire A No 0 2,425 0 400,159
10 May 20 Timken Ward J JR Common Stock Grant Aquire A No 0 2,425 0 299,797
10 May 20 Harrell Elizabeth Ann Common Stock Grant Aquire A No 0 2,425 0 7,171
10 May 20 Palmer James F Common Stock Grant Aquire A No 0 2,425 0 13,045
10 May 20 Crowe Maria A Common Stock Grant Aquire A No 0 2,425 0 17,159
8 May 20 Timken John M JR Restricted Share Unit Common Stock Grant Aquire A No 0 3,160 0 3,160
8 May 20 Timken Ward J JR Restricted Share Unit Common Stock Grant Aquire A No 0 3,160 0 3,160
8 May 20 Harrell Elizabeth Ann Restricted Share Unit Common Stock Grant Aquire A No 0 3,160 0 3,160
8 May 20 Palmer James F Restricted Share Unit Common Stock Grant Aquire A No 0 3,160 0 3,160
8 May 20 Crowe Maria A Restricted Share Unit Common Stock Grant Aquire A No 0 3,160 0 3,160
77.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 302 353 -14.4%
Opened positions 38 58 -34.5%
Closed positions 89 48 +85.4%
Increased positions 113 95 +18.9%
Reduced positions 97 140 -30.7%
13F shares
Current Prev Q Change
Total value 17B 28.46B -40.3%
Total shares 58.22M 59.85M -2.7%
Total puts 55.9K 51.2K +9.2%
Total calls 78.7K 59K +33.4%
Total put/call ratio 0.7 0.9 -18.1%
Largest owners
Shares Value Change
Vanguard 6.58M $212.9M +2.9%
BLK BlackRock 5.96M $192.66M -3.0%
Adage Capital Partners GP, L.L.C. 2.58M $83.28M +182.9%
Dimensional Fund Advisors 2.51M $81.29M +7.1%
Earnest Partners 2.2M $71.08M +3.0%
IVZ Invesco 1.92M $62.25M +5.8%
LSV Asset Management 1.87M $60.52M +7.3%
STT State Street 1.72M $55.6M +2.8%
Voya Investment Management 1.67M $53.99M +57.5%
Aqr Capital Management 1.61M $52.19M -14.8%
Largest transactions
Shares Bought/sold Change
Adage Capital Partners GP, L.L.C. 2.58M +1.66M +182.9%
Citadel Advisors 1.44M +1.1M +314.8%
Russell Investments 46.32K -937.3K -95.3%
Norges Bank 0 -886.88K EXIT
Boston Partners 0 -671.31K EXIT
Voya Investment Management 1.67M +609.83K +57.5%
Atlantic Investment Management 15K -485.73K -97.0%
Victory Capital Management 767.49K +452.35K +143.5%
PRU Prudential Financial 522.54K -339.15K -39.4%
Allianz Asset Management GmbH 236.96K -298.82K -55.8%

Financial report summary

?
Risks
  • Work stoppages or similar difficulties could significantly disrupt our operations, reduce our revenues and materially affect our earnings.
  • If government imposed restrictions continue or are expanded or the COVID-19 pandemic worsens, our business could be further adversely impacted in a material way.
Management Discussion
  • 2019 vs. 2018
  • The increase in net sales was primarily driven by the benefit of acquisitions, the impact of higher pricing and higher demand in the Process Industries segment, partially offset by the unfavorable impact of foreign currency exchange rate changes and lower shipments in the Mobile Industries segment. The increase in net income in 2019 compared with 2018 was primarily due to the net benefit of acquisitions, favorable price/mix and the impact of a lower tax rate driven by net discrete benefits, partially offset by the impact of lower volume, unfavorable currency and higher interest expense. Results for 2019 also benefited from pension and other postretirement plan remeasurement income compared to expense in 2018.
  • The Company expects 2020 full-year revenue to be in the range of down 2% to up 2% compared with 2019 primarily due to the benefit of acquisitions made in 2019, offset by expected organic declines and the impact of currency. The Company's earnings are expected to be down in 2020 compared with 2019, primarily due to the impact of lower volume, higher manufacturing costs and higher income tax expense, partially offset by lower material and logistics costs, favorable price/mix and the impact of acquisitions.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
New words: adhering, alternative, analyze, assumed, assumption, bankruptcy, bargaining, BBB, began, Beneficiary, buying, Carolina, closure, combat, comply, comprised, country, Court, covenant, creation, default, Deployment, disaster, Disease, disrupt, disruption, distancing, distributor, drawn, earliest, EBITDA, economy, enacted, enhance, enterprise, Europe, European, evolving, exemption, experience, experienced, extended, fill, Fitch, flexibility, fluidity, France, Fulton, Gaffney, gradually, guarantee, halt, headcount, hire, idling, implement, implemented, imposed, Indian, intensity, Italy, Justice, main, meant, metric, mitigation, monitor, month, Moody, necessitate, number, obsolete, opportunity, outbreak, pandemic, permanent, plaintiff, Poor, precautionary, Prevention, priority, privacy, produced, quickly, rationalization, read, readily, real, reassessed, reinstate, reorganization, repay, rest, resumed, Rupee, safety, shifted, shipping, short, shut, social, source, South, stoppage, supply, taxpayer, temporary, test, travel, trust, uncertainty, underfunded, unrelated, VEBA, Voluntary, withdrew
Removed: ABC, accomplishment, actuarial, Additionally, aerial, alleged, antitrust, apply, arise, arrangement, August, Brasil, bringing, Comercial, commencement, consideration, cylindrical, Deploying, designation, direct, disclosing, divested, expired, Fafnir, finance, flood, hedge, ICT, implicit, Importadora, improved, incremental, indemnification, leader, lease, leasing, led, lessee, Leu, linear, Ltda, manufacturer, mechanical, minimize, opened, opening, outcome, Outgrowing, packaging, payout, practical, precision, recognize, recognizing, requirement, Romanian, settle, settlement, slewing, slightly, solar, spherical, Substantially, tapered, Targeted, telescopic, Tennessee, transition, transparency, undiscounted, wide