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Timken TKR Industrial Motion — Exit costs

Other segment segments

Engineered Bearings
-$100K

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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$9.1B+77.6%
Enterprise value$10.95B+56.2%
P/E29.5×+13.0×
P/S+0.8×

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×

Where this comes from

Reported directly by Timken in its filing.

Tagged under the XBRL concept us-gaap:BusinessExitCosts1.

The source filing: Timken’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 3:40 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000098362-26-000033
Line itemEngineered BearingsIndustrial MotionUnallocated CorporateTotal
Severance and related benefit costs$2.5$0.5$0.5$3.5
Exit costs(0.1)0.20.1
Total$2.4$0.7$0.5$3.6

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Timken's industrial motion — exit costs?
Timken (TKR) reported industrial motion — exit costs of $200K in Q1 2026.
How has Timken's industrial motion — exit costs changed year-over-year?
Timken's industrial motion — exit costs decreased by 0.0% year-over-year, from $200K to $200K.
What is the long-term trend for Timken's industrial motion — exit costs?
Over 4 years (2021 to 2025), Timken's industrial motion — exit costs has grown at a 3.9% compound annual growth rate (CAGR), from $600K to $700K.
What does industrial motion — exit costs mean?
Costs directly attributable to the closure of facilities, product lines, or business units within the Industrial Motion segment. This includes lease terminations, asset disposal costs, and other exit-related obligations.

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