Timken Company (The) Common Stock (TKR)

Frequently Asked Questions About Timken Company (The) Common Stock (TKR)

Does Timken Company have a dividend policy?

Yes, Timken Company has a dividend policy that reflects its commitment to returning capital to shareholders. The company has a history of paying dividends and aims to provide regular and sustainable dividend payouts, which is an important aspect of its financial strategy and appeal to investors.

Has Timken Company made any recent acquisitions?

Yes, Timken Company has made several strategic acquisitions in recent years to enhance its product portfolio and expand its market presence. These acquisitions are aimed at diversifying its offerings and accessing new technologies, which align with Timken's long-term growth strategy and competitiveness in the industry.

How does Timken approach customer service?

Timken prides itself on exceptional customer service, focusing on building long-term relationships with clients. The company provides extensive technical support, product training, and consultative services to help customers select the right products for their needs and optimize their operations for improved performance.

How does Timken support employee development?

Timken is dedicated to employee development, offering various training programs, career advancement opportunities, and resources for skill enhancement. The company invests in its workforce by providing mentorship and educational assistance, encouraging employees to reach their full potential and contribute to the company's success.

How does Timken support innovation?

Timken supports innovation through dedicated research and development (R&D) efforts. The company invests significantly in technology to create advanced bear solutions, enhancing their performance, durability, and reliability. Additionally, Timken collaborates with customers and academic institutions to accelerate product development and technological advancements.

How many employees does Timken Company have?

As of the latest reports, Timken Company employs approximately 20,000 people worldwide. This diverse workforce includes highly skilled engineers and technicians who work tirelessly to develop and manufacture high-quality products that meet the evolving needs of their customers across different industries.

What are the primary markets served by Timken?

Timken serves a variety of primary markets, including the automotive, aerospace, industrial, and rail sectors. Each market requires specific engineering and quality standards, which Timken meets through its extensive product offerings and specialized expertise, helping customers improve their operational efficiency.

What are Timken Company's financial highlights?

Timken Company has demonstrated strong financial performance, with consistent revenue growth and profitability. The company regularly reports its earnings, revenue figures, and other key metrics, highlighting its operational efficiency and solid market position as a leader in the engineered bearings sector.

What does Timken Company do?

Timken Company is a global leader in engineered bearings and alloy steel. The company designs and manufactures bearings, gearboxes, and related products for various industries including automotive, aerospace, and industrial equipment. Their innovative solutions enhance the performance and reliability of machinery, catering to diverse applications around the world.

What international presence does Timken have?

Timken has a significant international presence with operations in over 30 countries. This global footprint allows the company to serve a diverse customer base, adapt to regional market needs, and leverage international supply chains for enhanced operational efficiency and customer satisfaction.

What is Timken Company's mission statement?

Timken's mission statement emphasizes its commitment to improving customers’ performance through innovative solutions and unparalleled expertise. The company aims to drive progress and deliver high-quality products that enhance productivity and reliability while fostering a culture of integrity and respect within its workforce.

What is Timken Company's stock symbol?

Timken Company's stock symbol is TKR, which is traded on the New York Stock Exchange (NYSE). Investors looking to acquire shares in Timken can easily do so through this symbol, reflecting the company's strong presence in the financial markets.

What is Timken's commitment to sustainability?

Timken is committed to sustainability and corporate responsibility, implementing practices that reduce environmental impact while promoting social responsibility. The company focuses on developing energy-efficient products, optimizing manufacturing processes, and participating in community initiatives that foster a sustainable future.

What role does technology play in Timken's operations?

Technology plays a crucial role in Timken's operations, from advanced manufacturing techniques to innovative product designs. The company uses state-of-the-art machinery, data analytics, and automation to enhance production efficiency, streamline processes, and ensure high-quality standards across its extensive product line.

What types of products does Timken manufacture?

Timken manufactures a wide range of products including tapered roller bearings, spherical roller bearings, ball bearings, and bearing assemblies. Additionally, the company produces gearbox and mechanical power transmission components, along with lubricants and industrial seals tailored for various applications.

When was Timken Company founded?

Timken Company was founded in 1899 by Henry Timken and his sons. The company started its journey by developing the first tapered roller bearing, which greatly improved the efficiency of machinery. Since then, Timken has grown significantly and has become a leader in the bearing industry.

Where is Timken Company's headquarters located?

Timken Company's headquarters is located in North Canton, Ohio, USA. This strategic location allows the company to efficiently manage its operations and supply chain, as well as provide support to its extensive network of customers and partners across various regions.

Who are Timken Company's main competitors?

Timken's main competitors include companies such as SKF, Schaeffler, and NTN Corporation, among others. These companies operate in the same sectors and offer similar products and solutions, making the bearing and engineering markets highly competitive and innovation-driven.

What is the current price of Timken Company (The) Common Stock?

The current price of Timken Company (The) Common Stock is 70.44

When was Timken Company (The) Common Stock last traded?

The last trade of Timken Company (The) Common Stock was at 7:00 pm EDT on April 2nd, 2025

What is the market capitalization of Timken Company (The) Common Stock?

The market capitalization of Timken Company (The) Common Stock is 5.37B

How many shares of Timken Company (The) Common Stock are outstanding?

Timken Company (The) Common Stock has 76.26M shares outstanding.