What is the Return on Assets (ROA) of Timken this year?
The Return on Assets (ROA) of Timken is 0.06 undefined this year.
Timken ROA 2024
Timken ROA
0.06
Ticker
TKR
ISIN
US8873891043
WKN
852676
In 2024, Timken's return on assets (ROA) was 0.06, a -14.64% increase from the 0.07 ROA 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.ROA Details
Understanding Timken's Return on Assets (ROA)
Timken's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Timken's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Timken's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Timken’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Timken stock
What was the ROA of Timken compared to the previous year?
The ROA of Timken has increased by -14.64% compared to the previous year.
What consequences do high ROA have for investors of Timken?
A high ROA is advantageous for investors of Timken, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Timken?
A low ROA can be unfavorable for investors of Timken as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Timken affect the company?
An increase in ROA of Timken can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Timken impact the company?
A reduction in the ROA of Timken can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Timken?
Some factors that can influence the ROA of Timken include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Timken important for investors?
The ROA of Timken is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Timken take to improve ROA?
To improve ROA, Timken can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
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 1.82 %. 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 1.82 %.
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 24 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 2.06 %.
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.
