← TIMKEN CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $152.6m |
$203.4m
+33.29%
|
$302.8m
+48.87%
|
$362.1m
+19.58%
|
$284.5m
-21.43%
|
$369.1m
+29.74%
|
$407.4m
+10.38%
|
$394.1m
-3.26%
|
$352.7m
-10.50%
|
$288.4m
-18.23%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $152.9m | $202.3m | $305.5m | $374.7m | $292.4m | $381.5m | $417.0m | $408.0m | $375.3m | $317.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $300k | ($1.1m) | $2.7m | $12.6m | $7.9m | $12.4m | $9.6m | $13.9m | $22.6m | $28.9m | — | |
| Depreciation, Depletion and Amortization | $131.7m | $137.7m | $146.0m | $160.6m | $167.1m | $167.8m | $164.0m | $201.3m | $221.8m | $230.1m | $236.4m | |
| Amortization of Intangible Assets | $36.2m | $40.0m | $46.8m | $57.3m | $56.2m | $54.5m | $50.6m | $65.7m | $78.0m | $79.1m | — | |
| Depreciation | $95.5m | $97.7m | $99.2m | $103.3m | $110.9m | $113.3m | $113.4m | $129.0m | $136.3m | $142.6m | $136.3m | |
| Deferred Income Tax Expense (Benefit) | ($6.3m) | ($400k) | ($21.4m) | ($8.9m) | ($23.2m) | ($15.1m) | ($3.6m) | ($11.6m) | ($35.3m) | ($27.2m) | ($23.7m) | |
| Deferred Other Tax Expense (Benefit) | ($1.3m) | $0 | — | $5.3m | $0 | — | ($3.6m) | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $14.1m | $24.7m | $32.3m | $27.1m | $23.2m | $20.2m | $30.4m | $30.6m | $25.9m | $28.3m | $28.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $11.4m | $5.4m | $15.4m | $16.0m | $23.8m | $10.7m | $17.0m | $10.0m | $10.0m | — | |
| Share-based Payment Arrangement, Expense | $5.9m | $5.2m | $4.8m | $4.9m | $3.6m | $2.0m | $1.1m | $100k | $0 | — | $28.4m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $28.3m | $1.5m | — | $79.1m | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | $400k | $4.5m | $38.3m | $33.2m | $17.8m | $20.7m | — | |
| Other Nonoperating Income (Expense) | ($900k) | $9.4m | $9.4m | $13.0m | $10.0m | $800k | $5.5m | ($1.2m) | ($4.1m) | ($8.8m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($20.3m) | $42.3m | $66.4m | ($24.1m) | $20.7m | $55.8m | $73.5m | ($71.6m) | $14.2m | ($3.7m) | ($50.0m) | |
| Increase (Decrease) in Inventories | ($10.1m) | $132.1m | $87.1m | ($50.7m) | ($27.4m) | $215.8m | $145.6m | ($72.0m) | ($9.6m) | $3.1m | ($41.5m) | |
| Net Cash Provided by (Used in) Operating Activities | $402.0m |
$236.8m
-41.09%
|
$332.5m
+40.41%
|
$550.1m
+65.44%
|
$577.6m
+5.00%
|
$387.3m
-32.95%
|
$463.8m
+19.75%
|
$545.2m
+17.55%
|
$475.7m
-12.75%
|
$554.3m
+16.52%
|
$530.8m
-4.24%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $137.5m | $104.7m | $112.6m | $140.6m | $121.6m | $148.3m | $178.4m | $187.8m | $170.0m | $148.2m | ($145.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($1.6m) | $2.1m | ($300k) | $3.6m | ($900k) | ($1.3m) | $1.9m | ($1.3m) | $14.4m | $1.8m | $16.8m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $72.6m | $346.8m | $765.4m | $226.5m | $24.0m | $7.5m | $453.7m | $638.8m | $167.4m | $0 | ($124.4m) | |
| Payments for (Proceeds from) Other Investing Activities | ($200k) | $700k | ($100k) | ($100k) | — | $600k | ($700k) | $900k | $300k | $100k | — | |
| Net Cash Provided by (Used in) Investing Activities | ($211.0m) | ($448.7m) | ($865.2m) | ($364.9m) | ($153.5m) | ($173.8m) | ($573.3m) | ($806.5m) | ($304.6m) | ($148.3m) | ($267.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $345.3m | $684.5m | $663.8m | $633.8m | $757.7m | $338.3m | $978.5m | $1.3b | $1.8b | $365.8m | ($869.9m) | |
| Proceeds from Issuance of Long-term Debt | $340.5m | $927.8m | $1.4b | $662.8m | $562.0m | $325.0m | $1.4b | $1.6b | $1.9b | $97.3m | $784.8m | |
| Payments for Repurchase of Common Stock | $101.0m | $43.4m | $98.5m | $62.7m | $49.3m | $93.0m | $211.6m | $250.9m | $40.5m | $57.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $81.6m | $83.3m | $85.7m | $84.9m | $87.0m | $92.2m | $91.7m | $94.0m | $96.1m | $98.3m | ($99.1m) | |
| Proceeds from Issuance of Common Stock | $4.3m | $32.9m | $12.8m | — | — | — | — | — | — | — | $0 | |
| Proceeds from (Payments for) Other Financing Activities | $9.1m | ($2.6m) | ($1.6m) | ($300k) | — | — | $6.5m | ($4.4m) | ($1.2m) | ($1.3m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($169.4m) |
$167.0m
+198.58%
|
$553.1m
+231.20%
|
($100.7m)
-118.21%
|
($331.1m)
-228.80%
|
($269.3m)
+18.67%
|
$206.8m
+176.79%
|
$347.1m
+67.84%
|
($194.8m)
-156.12%
|
($437.1m)
-124.38%
|
($277.5m)
+36.51%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $21.7m | ($26.1m) | $7.7m | $83.1m | $104.9m | ($63.2m) | $82.8m | $78.6m | ($45.7m) | ($8.2m) | $406.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $21.7m | ($26.1m) | $133.1m | $216.2m | $321.1m | $257.9m | $340.7m | $419.3m | $373.6m | $365.4m | $406.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($2.4m) | $17.7m | ($12.7m) | ($1.4m) | $11.9m | ($7.4m) | ($14.5m) | ($7.2m) | ($22.0m) | $22.9m | ($6.4m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $144.8m | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | $26.6m | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $5.6m | $3.7m | $1.3m | $6.1m | $10.0m | ($9.4m) | $15.4m | ($14.8m) | ($9.3m) | ($14.0m) | — | |
| Gain (Loss) on Disposition of Assets | $1.6m | ($2.1m) | $300k | $400k | $900k | $1.3m | ($1.9m) | $1.3m | $14.7m | $2.6m | — | |
| Gain (Loss) on Disposition of Business | $0 | $0 | ($800k) | $0 | $0 | — | ($3.5m) | $2.9m | $0 | $0 | — | |
| Goodwill | $357.5m | $511.8m | $960.5m | $993.7m | $1.0b | $1.0b | $1.1b | $1.4b | $1.4b | $1.5b | $79.1m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $152.6m | $203.4m | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $152.9m | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $0 | — | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $69.2m | $57.6m | $102.6m | $97.7m | $103.9m | $95.1m | $133.9m | $122.5m | $118.9m | $98.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $125.1m | $110.3m | — | |
| Investment Income, Interest | $1.9m | $2.9m | $2.1m | $4.9m | $3.7m | $2.3m | $3.8m | $9.3m | $14.9m | $10.3m | — | |
| Operating Lease, Expense | — | — | — | $36.6m | $36.0m | $34.1m | $30.3m | — | — | — | — | |
| Payments of Financing Costs | $0 | $1.2m | $1.2m | $1.9m | $1.7m | $0 | $6.6m | $500k | $5.5m | $300k | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | ($16.9m) | ($500k) | ($500k) | ($600k) | ($1.1m) | ($15.0m) | — | |
| Proceeds from Stock Options Exercised | $4.3m | $32.9m | $12.8m | $27.5m | $37.4m | $26.0m | $8.5m | $21.8m | $5.6m | $1.9m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.