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Timken TKR U.S. Plans — Net property, plant and equipment

Discontinued — last reported Q4 '20

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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$9.89B+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:PropertyPlantAndEquipmentNet.

The official record: Timken’s 10-K, filed February 16, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does U.S. plans — net property, plant and equipment mean?
The total value of the company's physical manufacturing assets and facilities in the U.S. after accounting for wear and tear.
How do you interpret U.S. plans — net property, plant and equipment?
An increase typically indicates significant capital expenditure in domestic production capacity, while a decrease may suggest asset divestment, high depreciation rates, or a shift toward outsourcing.
How does U.S. plans — net property, plant and equipment compare across companies?
Comparable to net PP&E figures reported by other industrial manufacturing firms, though it is highly dependent on the specific capital intensity of the company's domestic manufacturing footprint.