What is Timken's process — goodwill?

Timken (TKR) reported process — goodwill of $707.7M in Q4 2022.

How has Timken's process — goodwill changed year-over-year?

Timken's process — goodwill increased by 8.7% year-over-year, from $651M to $707.7M.

What does process — goodwill mean?

The value of intangible assets like brand and customer base acquired through past purchases in the Process segment.

How do you interpret process — goodwill?

High goodwill indicates a history of acquisitions; significant decreases suggest impairment charges.

How does process — goodwill compare across companies?

Standard balance sheet item for companies that grow through acquisition.

Timken TKR Process — Goodwill

Discontinued — last reported Q4 '22

Similar metrics at other companies

GGGProcess — Goodwill

$71.47M-0.4%

ITTIndustrial Process — Goodwill(a)

$663.7M+11.9%

CRProcess Flow Technologies — Goodwill

$1B+138%

TPRCoach — Goodwill

$577.7M-1.8%

DOWPerformance Materials & Coatings — Goodwill

$2.45B+4.0%

BROPrograms — Goodwill

$1.95B+5.3%

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×

Where this comes from

Reported directly by Timken in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Timken’s 10-K, filed February 16, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Timken's process — goodwill?: Timken (TKR) reported process — goodwill of $707.7M in Q4 2022.
How has Timken's process — goodwill changed year-over-year?: Timken's process — goodwill increased by 8.7% year-over-year, from $651M to $707.7M.
What does process — goodwill mean?: The value of intangible assets like brand and customer base acquired through past purchases in the Process segment.
How do you interpret process — goodwill?: High goodwill indicates a history of acquisitions; significant decreases suggest impairment charges.
How does process — goodwill compare across companies?: Standard balance sheet item for companies that grow through acquisition.