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Timken TKR Impairment and restructuring

Impairment and restructuring at other companies

Sirius XM logo
Sirius XMSIRI
$6M-87.5%
Warner Bros. Discovery, Inc. logo
Warner Bros. Discovery, Inc.WBD
-$14M+84.4%
Xylem logo
XylemXYL
$500K0.0%
Watts Water Technologies, Inc. logo
Watts Water Technologies, Inc.WTS
$25K
Micron Technology logo
Micron TechnologyMU
$0
IDEX logo
IDEXIEX

Segments

By segment

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Engineered Bearings$2.4M+300%
Industrial Motion$700K-22.2%

Other financials

Income statement

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Revenue$1.2B+8.0%
Gross profit$394.0M+9.8%
Operating income$168.6M+17.1%
Net income$98.2M+25.4%
EPS (diluted)$1.40+26.1%

Balance sheet

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Cash & equivalents$344.7M-8.3%
Total debt$2.2B-2.1%
Total equity$3.2B+9.9%
Total assets$6.9B+4.7%

Cash flow

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Operating cash flow$39.3M-32.9%
CapEx$38.8M+10.2%
Free cash flow$500.0K-97.9%

Valuation

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Market cap$9.89B+39.1%
Enterprise value$11.74B+28.3%
P/E32.1×+10.4×
P/S2.1×+0.5×

Profitability

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Gross margin30.6%-0.4pp
Operating margin12.1%-0.5pp
Net margin6.6%-0.6pp
FCF margin8.2%+1.0pp

Returns & leverage

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Return on equity10.1%-1.8pp
Debt / equity0.7×-0.1×
Current ratio2.9×-0.3×