1, TIMKEN 2025/2024/2023 Annual Revenue
TIMKEN announced a revenue of 4.5818 billion US dollars (approximately 31.8 billion RMB) for the year 2025, representing a year-on-year increase of 0.2% compared to 2024. The profit margin is 17.4%.
TIMKEN's annual revenue for 2024/2023
TIMKEN announced a revenue of 4.573 billion US dollars and a profit margin of 18.5% for the fiscal year 2024
TIMKEN has announced a revenue of $4.769 billion and a profit margin of 19.7% for the year 2023
2, Introduction to TIMKEN
♦ Founded in 1899 by Henry Timken and his son in St. Louis, Missouri; In 1901, it was relocated to Ohio and its headquarters are now located in North Canton, Ohio.
♦Listing status: Listed on the New York Stock Exchange since 1922, with over a hundred years of continuous dividend distribution.
♦ Core Technologies and Products
1) The bearing products are centered around tapered roller bearings (founder's patent); Simultaneously covering the full range of ball bearings, cylindrical rollers, self-aligning rollers, thrust, precision/aerospace bearings, etc.
2) Industrial transmission and service gearboxes, lubrication systems, chains, couplings, linear motion systems (such as the acquired Rollon and Nadella product lines); And provide powertrain maintenance, predictive maintenance, and customized engineering solutions.
3) Application areas: extreme working conditions industries such as automotive, wind power/renewable energy, railway, aerospace, mining, agriculture, engineering machinery, food and beverage, robot automation, etc
