Timken Company (TKR)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 394,100 | 432,600 | 431,700 | 411,500 | 407,400 | 373,100 | 374,200 | 374,000 | 369,100 | 359,300 | 360,000 | 317,100 | 284,500 | 344,900 | 320,300 | 350,900 | 362,100 | 308,600 | 316,000 | 314,500 |
| Revenue (ttm) | US$ in thousands | 4,692,900 | 4,683,700 | 4,685,600 | 4,577,000 | 4,444,200 | 4,369,500 | 4,274,900 | 4,187,100 | 4,087,600 | 3,972,000 | 3,827,800 | 3,564,800 | 3,459,700 | 3,464,200 | 3,481,700 | 3,677,800 | 3,736,200 | 3,750,100 | 3,723,100 | 3,638,000 |
| Net profit margin | 8.40% | 9.24% | 9.21% | 8.99% | 9.17% | 8.54% | 8.75% | 8.93% | 9.03% | 9.05% | 9.40% | 8.90% | 8.22% | 9.96% | 9.20% | 9.54% | 9.69% | 8.23% | 8.49% | 8.64% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $394,100K ÷ $4,692,900K
= 8.40%
The net profit margin of Timken Co. has shown consistent performance over the past eight quarters, ranging from 8.26% to 9.09%. The company has maintained a relatively stable level of profitability relative to its revenue in this period. Although there have been fluctuations, the margins have generally remained within a narrow range, indicating a consistent ability to control costs and generate profits. This steady performance suggests that Timken Co. has been effective in managing its expenses and optimizing its operations to sustain healthy profitability levels.
Peer comparison
Dec 31, 2023