Earnings Summary

Timken Company, The’s revenue jumped 10.28% since last year same period to $1272.3Mn in the Q2 2023. On a quarterly growth basis, Timken Company, The has generated 0.75% jump in its revenue since last 3-months.

Timken Company, The’s net profit jumped 19.24% since last year same period to $125.2Mn in the Q2 2023. On a quarterly growth basis, Timken Company, The has generated 2.37% jump in its net profits since last 3-months.

Timken Company, The’s net profit margin jumped 8.12% since last year same period to 9.84% in the Q2 2023. On a quarterly growth basis, Timken Company, The has generated 1.61% jump in its net profit margins since last 3-months.

Timken Company, The’s earning per share (EPS) estimates for the current quarter stand at 1.08 - a -18.8% fall from last quarter’s estimates.

Timken Company, The’s earning per share (EPS) estimates for the current year stand at 1.08.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Timken Company, The’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Timken Company, The’s return on equity (ROE) stands at 0.18.

Timken Company, The declared 0.31 dividend per share during the earnings announcement for Q1 2023.