Timken Reports Third-Quarter 2026 Results
Key Highlights
- ➤Sales $1.21 billion, up 4.7% year over year
- ➤Adjusted EPS $1.65, up 20.4% year over year
- ➤Free cash flow $221.4 million, up 35.2% year over year
- ➤Raises 2026 adjusted EPS outlook to $6.35-$6.50
- ➤Industrial Motion sales $440.0 million, up 12.4% year over year
Expert Statements
Lucian Boldea, President and Chief Executive Officer of The Timken Company
“In the third quarter, we delivered double-digit earnings growth versus last year and generated significant cash flow.”
Lucian Boldea, President and Chief Executive Officer of The Timken Company
“The continued execution of our Elevate to Outperform strategy gives us confidence in our 2026 outlook and our ability to achieve even stronger performance next year.”
Lucian Boldea, President and Chief Executive Officer of The Timken Company
“While it is too early to provide a formal outlook for 2027, we currently expect organic sales to increase mid-single digits compared to 2026 driven by incremental growth from our strategic initiatives and further positive momentum across our industrial markets.”
* Sales of $1.21 billion, up 4.7 percent from last year * Third-quarter diluted EPS of $1.34; adjusted EPS of $1.65 * Net income margin of 7.7 percent; adjusted EBITDA margin of 18.5 percent * Cash from operations of $256 million and free cash flow of $221 million * Raises 2026 EPS outlook; now expects 2026 EPS of $4.05-$4.20, with adjusted EPS of $6.35-$6.50 NORTH CANTON, Ohio, Nov. 4, 2026 /PRNewswire/ -- The Timken Company (NYSE: TKR); (www.timken.com ), a leader in advanced motion technology, today reported third-quarter 2026 results.
3Q-263Q-25% Change Net Sales (mils.)$1,211.4$1,157.14.7 % Net Income Margin7.7 %6.0 %170 bps Adjusted EBITDA Margin18.5 %17.4 %110 bps Diluted EPS$1.34$0.9935.4 % Adjusted EPS$1.65$1.3720.4 % Net Cash from Operations (mils.)$256.1$201.127.3 % Free Cash Flow$221.4$163.835.2 %
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