Timken 2024 EPS falls to $4.99 from $5.47; sales down 4.1%; 2025 revenue seen lower
Timken reported fourth-quarter and full-year 2024 results, with full-year sales down 4.1% to $4.6 billion and diluted EPS down 8.8% to $4.99 from $5.47. The company set an initial 2025 outlook for revenue down 4% to 1% and diluted EPS of $4.30 to $4.80, which is below the 2024 result. Shareholders face lower sales and earnings in the near term, with the company citing cost reduction actions and improved free cash flow as offsets.
Key points
- Q4 2024 sales were $1.07 billion, down 1.6% from a year earlier; Q4 diluted EPS rose to $1.01 from $0.83, while adjusted EPS fell to $1.16 from $1.37.
- Full-year 2024 adjusted EPS was $5.79, down from $7.05; free cash flow was $305.6 million.
- 2025 outlook: revenue down 4% to 1%, diluted EPS $4.30 to $4.80, adjusted EPS $5.30 to $5.80, with about $75 million in gross cost savings expected.
- Christopher A. Coughlin, EVP and President of Industrial Motion, will retire by the end of December 2025 after 41 years of service.
The filing
Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.