Timken Gross Profit 2010-2023 | TKR
Timken annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- Timken gross profit for the quarter ending December 31, 2023 was $0.331B, a 7.63% increase year-over-year.
- Timken gross profit for the twelve months ending December 31, 2023 was $1.509B, a 13.3% increase year-over-year.
- Timken annual gross profit for 2023 was $1.509B, a 13.3% increase from 2022.
- Timken annual gross profit for 2022 was $1.332B, a 15.9% increase from 2021.
- Timken annual gross profit for 2021 was $1.149B, a 13.8% increase from 2020.
Timken Annual Gross Profit
(Millions of US $) |
| 2023 |
$1,509 |
| 2022 |
$1,332 |
| 2021 |
$1,149 |
| 2020 |
$1,010 |
| 2019 |
$1,142 |
| 2018 |
$1,040 |
| 2017 |
$812 |
| 2016 |
$706 |
| 2015 |
$820 |
| 2014 |
$898 |
| 2013 |
$868 |
| 2012 |
$1,028 |
| 2011 |
$1,370 |
| 2010 |
$1,022 |
| 2009 |
$583 |
Timken Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$331 |
| 2023-09-30 |
$356 |
| 2023-06-30 |
$405 |
| 2023-03-31 |
$417 |
| 2022-12-31 |
$308 |
| 2022-09-30 |
$334 |
| 2022-06-30 |
$352 |
| 2022-03-31 |
$338 |
| 2021-12-31 |
$280 |
| 2021-09-30 |
$268 |
| 2021-06-30 |
$302 |
| 2021-03-31 |
$299 |
| 2020-12-31 |
$237 |
| 2020-09-30 |
$264 |
| 2020-06-30 |
$230 |
| 2020-03-31 |
$279 |
| 2019-12-31 |
$256 |
| 2019-09-30 |
$278 |
| 2019-06-30 |
$306 |
| 2019-03-31 |
$303 |
| 2018-12-31 |
$255 |
| 2018-09-30 |
$253 |
| 2018-06-30 |
$267 |
| 2018-03-31 |
$265 |
| 2017-12-31 |
$213 |
| 2017-09-30 |
$216 |
| 2017-06-30 |
$201 |
| 2017-03-31 |
$182 |
| 2016-12-31 |
$169 |
| 2016-09-30 |
$170 |
| 2016-06-30 |
$185 |
| 2016-03-31 |
$183 |
| 2015-12-31 |
$217 |
| 2015-09-30 |
$195 |
| 2015-06-30 |
$205 |
| 2015-03-31 |
$203 |
| 2014-12-31 |
$221 |
| 2014-09-30 |
$226 |
| 2014-06-30 |
$234 |
| 2014-03-31 |
$218 |
| 2013-12-31 |
$152 |
| 2013-09-30 |
$202 |
| 2013-06-30 |
$240 |
| 2013-03-31 |
$275 |
| 2012-12-31 |
$279 |
| 2012-09-30 |
$299 |
| 2012-06-30 |
$377 |
| 2012-03-31 |
$412 |
| 2011-12-31 |
$343 |
| 2011-09-30 |
$343 |
| 2011-06-30 |
$351 |
| 2011-03-31 |
$333 |
| 2010-12-31 |
$266 |
| 2010-09-30 |
$265 |
| 2010-06-30 |
$268 |
| 2010-03-31 |
$223 |
| 2009-12-31 |
$173 |
| 2009-09-30 |
$130 |
| 2009-06-30 |
$125 |
| 2009-03-31 |
$155 |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Metal Processing & Fabrication |
$6.324B |
$4.769B |
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The Timken Company is a global manufacturer of bearings, friction management products, and mechanical power transmission components. The company serves a wide variety of end markets, including aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail markets. The company's portfolio features many strong brands, such as Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld. Timken's global footprint consists of manufacturing facilities, technology and engineering centers, and distribution centers and warehouses. Timken reports its operations through two segments: Mobile Industries and Process Industries.
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