Timken Company (TKR)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 352,700 340,200 346,300 375,300 394,100 432,600 431,700 411,500 407,400 373,100 374,200 374,000 369,100 359,300 360,000 317,100 284,500 344,900 320,300 350,900
Revenue (ttm) US$ in thousands 4,573,000 4,590,600 4,606,500 4,696,500 4,769,000 4,759,800 4,753,500 4,634,900 4,496,700 4,422,000 4,322,900 4,232,100 4,132,900 4,017,300 3,874,600 3,615,200 3,513,200 3,517,700 3,537,100 3,733,600
Net profit margin 7.71% 7.41% 7.52% 7.99% 8.26% 9.09% 9.08% 8.88% 9.06% 8.44% 8.66% 8.84% 8.93% 8.94% 9.29% 8.77% 8.10% 9.80% 9.06% 9.40%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $352,700K ÷ $4,573,000K
= 7.71%

Timken Company's net profit margin has shown some fluctuations over the specified time period, ranging from a high of 9.80% in September 2020 to a low of 7.41% in September 2024. The net profit margin indicates the percentage of revenue that translates into net income after accounting for all expenses. Despite some variability, the company has generally maintained a net profit margin above 7%, reflecting its ability to efficiently manage costs and generate profits from its operations. It is essential for Timken to continue monitoring and optimizing its cost structure to sustain healthy profit margins and maximize shareholder value.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Timken Company
TKR
7.71%
RBC Bearings Incorporated
RBC
13.45%