The Timken Company
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Timken Company's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $4,769,000,000. Profit margin reached 8%. Total operating expenses were $740,800,000.
Profit Margin
| 2014 | 3.07B | 166.2M | 5.4% |
|---|---|---|---|
| 2015 | 2.87B | -70.8M | -2.46% |
| 2016 | 2.66B | 152.6M | 5.72% |
| 2017 | 3.00B | 203.4M | 6.77% |
| 2018 | 3.58B | 302.8M | 8.46% |
| 2019 | 3.78B | 362.1M | 9.55% |
| 2020 | 3.51B | 284.5M | 8.1% |
| 2021 | 4.13B | 369.1M | 8.93% |
| 2022 | 4.49B | 407.4M | 9.06% |
| 2023 | 4.76B | 394.1M | 8.26% |
TKR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.76B | 4.49B | 4.13B | 3.51B | 3.78B | 3.58B | 3.00B | 2.66B | 2.87B | 3.07B |
Cost of revenue | 3.32B | 3.20B | 3.03B | 2.50B | 2.64B | 2.54B | 2.19B | 1.97B | 2.07B | 2.17B |
Gross profit | 1.44B | 1.28B | 1.10B | 1.00B | 1.14B | 1.04B | 810.4M | 694.8M | 793.9M | 898M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 41.4M | 37.3M | 35.3M | 31.8M | 32.6M | 38.8M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 740.8M | 637.1M | 580.5M | 533.8M | 618.6M | 580.7M | 521.4M | 478.1M | 959.3M | 576.2M |
Operating income | 657.1M | 606.9M | 513.1M | 454.9M | 516.4M | 454.5M | 284.7M | 195M | -151.4M | 208.4M |
Other income (expenses), net | -126.6M | -56M | -36.5M | -58.6M | -44M | -1.7M | -39.6M | 37M | -445.5M | -4.4M |
Income before tax | 530.5M | 550.9M | 476.6M | 396.3M | 472.4M | 408.1M | 259.9M | 222.1M | -189.6M | 204M |
Income tax expense | 122.5M | 133.9M | 95.1M | 103.9M | 97.7M | 102.6M | 57.6M | 69.2M | -121.6M | 57M |
Net income | 394.1M | 407.4M | 369.1M | 284.5M | 362.1M | 302.8M | 203.4M | 152.6M | -70.8M | 166.2M |
Earnings per share | ||||||||||
Basic EPS | 5.52 | 5.54 | 4.86 | 3.78 | 4.78 | 3.93 | 2.62 | 1.94 | -0.84 | 1.84 |
Diluted EPS | 5.47 | 5.48 | 4.79 | 3.72 | 4.71 | 3.87 | 2.58 | 1.92 | -0.84 | 1.82 |
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