Timken TKR Engineered Bearings — Exit costs
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Where this comes from
Reported directly by Timken in its filing.
Tagged under the XBRL concept us-gaap:BusinessExitCosts1.
The official record: Timken’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Timken's engineered bearings — exit costs?
- Timken (TKR) reported engineered bearings — exit costs of -$100K in Q1 2026.
- What is the long-term trend for Timken's engineered bearings — exit costs?
- Over 4 years (2021 to 2025), Timken's engineered bearings — exit costs has grown at a -6.9% compound annual growth rate (CAGR), from $1.2M to $900K.
- What does engineered bearings — exit costs mean?
- One-time costs incurred from shutting down operations or facilities.
- How do you interpret engineered bearings — exit costs?
- High exit costs indicate significant restructuring or strategic pivots, which may lead to improved long-term margins.
- How does engineered bearings — exit costs compare across companies?
- Standard for companies managing a large physical manufacturing footprint.