Timken Co

Latest Results (04.04.2026):

Timken Co — fourth-quarter 2025: The company reported 4Q-25 sales of $1.11 billion (up 3.5% YoY) with GAAP diluted EPS of $0.89 and adjusted EPS of $1.14. For full-year 2025 Timken reported diluted EPS of $4.11 (adjusted $5.33), generated $554 million of cash from operations and $406 million of free cash flow, and provided initial 2026 guidance of $4.50–$5.00 GAAP EPS (adjusted $5.50–$6.00) with revenue growth of 2–4% expected.

Revenue & organic growth

Net sales in 4Q-25 were $1,111.0M, +3.5% YoY; organic sales grew 1.3% in the quarter. Full-year sales were $4,581.8M, essentially flat (+0.2%) with organic sales down ~1.0% versus 2024. Price, favorable FX and Industrial Motion volumes were the main drivers; Engineered Bearings saw weaker end-market demand.

Earnings (GAAP) and adjusted results

4Q-25 net income attributable to Timken was $62.3M, or $0.89 diluted EPS (down from $1.01 in 4Q-24). Adjusted 4Q EPS was $1.14 (vs. $1.16 prior year). Full-year GAAP EPS was $4.11 and adjusted EPS was $5.33 (both down vs. 2024).

Margins and adjusted EBITDA

Consolidated adjusted EBITDA in 4Q-25 was $177.8M (16.0% of sales), down from 16.6% a year ago. Full-year adjusted EBITDA was $795.8M (17.4% of sales), versus 18.5% in 2024 — reflecting margin pressure despite margin improvement initiatives.

Segment performance

Engineered Bearings: 4Q sales $714.2M (+0.9%) with adjusted EBITDA $114.9M (16.1% margin, down from 17.2%). Industrial Motion: 4Q sales $396.8M (+8.4%) with adjusted EBITDA $83.2M (21.0% margin, up from 19.3%).

Cash flow and shareholder returns

4Q net cash from operations was $183.3M and free cash flow was $140.7M. For 2025, cash from operations was $554.3M and free cash flow $406.1M. Timken returned $155.7M to shareholders via dividends and repurchases (780k shares) and increased its quarterly dividend.

Balance sheet and leverage

Timken reduced total debt by $140.7M (net debt $1,557.6M) and ended 2025 with net debt to adjusted EBITDA of 2.0x. Cash and equivalents were ~$364M at year-end and shareholders' equity increased year-over-year.

2026 outlook

Timken set initial 2026 guidance of $4.50–$5.00 GAAP EPS and $5.50–$6.00 adjusted EPS, with revenue growth planned at +2% to +4%. Management expects organic revenue growth, stronger cash flow and improved margins in 2026.

Management comment

CEO Lucian Boldea said the company “finished the year strong,” highlighting focus on margin improvement, growth in key verticals and creating shareholder value as priorities going into 2026.