Timken Stock

Timken Equity 2024

Timken Equity

2.58 B USD

Ticker

TKR

ISIN

US8873891043

WKN

852676

In 2024, Timken's equity was 2.58 B USD, a 13.85% increase from the 2.27 B USD equity in the previous year.

Timken Aktienanalyse

What does Timken do?

The Timken Co is a global company specializing in the manufacturing of products and solutions in the field of mechanical drive systems. It is headquartered in North Canton, Ohio, USA and was established in 1899. The Timken Co produces a variety of bearing and drive components used in various applications, from heavy industry and aircraft manufacturing to the automotive industry and agriculture. The history of the Timken Co began with Henry Timken, an inventor and entrepreneur who specialized in the development of tapered roller bearings. With the help of his son, he turned his ideas into reality and founded a factory in St. Louis, Missouri in 1899. Soon after, the factory had to be expanded to meet the growing demand for its products. Today, the Timken Co offers a wide range of bearing and drive components used in many different industries. Its product lines include ball bearings, cylindrical roller bearings, tapered roller bearings, needle roller bearings, housed bearings, spherical plain bearings, belts, gears, and other drive components. In addition to manufacturing bearings and drive components, the Timken Co also has a strong presence in power transmission technology. One of the company's key divisions is the production and supply of components and systems for the rail industry, including complete drive systems, gearboxes, and wheelsets for locomotives and wagons. Another important business area for the Timken Co is the aerospace industry. The company provides both standardized and customized solutions for various types of aircraft, including roller bearings used in engine and landing gear technology. In addition to its core business areas, the Timken Co also has a strong presence in the automotive industry, offering a wide range of different types of bearings to its customers. The company also manufactures drive chains for use in automotive engines. Over time, the Timken Co has made various strategic acquisitions to expand its offerings and diversify its customer portfolio. One example is the acquisition of Torrington Company in 2003, a company specializing in the production of bearings, drive components, and transmissions. In summary, the Timken Co has a long history and a strong presence in the market for mechanical drive systems. The company offers a variety of products and solutions for different industries and applications and has earned an excellent reputation in the industry due to its high quality and customer orientation. Timken ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Timken's Equity

Timken's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Timken's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Timken's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Timken's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Timken’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Timken stock

What is the equity of Timken this year?

Timken has equity of 2.58 B USD this year.

What was the equity of Timken compared to the previous year?

The equity of Timken has increased/decreased by 13.85% increased compared to the previous year.

What impact does a high equity have on investors of Timken?

A high equity is advantageous for investors of Timken as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Timken?

A low equity can be a risk for investors of Timken, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Timken affect the company?

An increase in equity of Timken can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Timken affect the company?

A reduction in equity of Timken can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Timken?

Some factors that can affect the equity of Timken include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Timken so important for investors?

The equity of Timken is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Timken take to change the equity?

To change equity, Timken can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Timken pay?

Over the past 12 months, Timken paid a dividend of 1.3 USD . This corresponds to a dividend yield of about 1.74 %. For the coming 12 months, Timken is expected to pay a dividend of 1.48 USD.

What is the dividend yield of Timken?

The current dividend yield of Timken is 1.74 %.

When does Timken pay dividends?

Timken pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Timken?

Timken paid dividends every year for the past 23 years.

What is the dividend of Timken?

For the upcoming 12 months, dividends amounting to 1.48 USD are expected. This corresponds to a dividend yield of 1.98 %.

In which sector is Timken located?

Timken is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Timken kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Timken from 11/29/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 11/19/2024.

When did Timken pay the last dividend?

The last dividend was paid out on 11/29/2024.

What was the dividend of Timken in the year 2023?

In the year 2023, Timken distributed 1.23 USD as dividends.

In which currency does Timken pay out the dividend?

The dividends of Timken are distributed in USD.

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Andere Kennzahlen von Timken

Our stock analysis for Timken Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Timken Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.