Earnings Releases·Nov 4, 2026, 6:53 AM ET

The Timken Company — Third Quarter 2026 Earnings Summary

Net sales increased 4.7% year-over-year to $1.21 billion, while diluted EPS rose 35.4% to $1.34 and adjusted diluted EPS grew 20.4% to $1.65, driven by pricing power, favorable currency, and the Bijur Delimon acquisition.
The company raised its 2026 full-year guidance, now expecting diluted EPS of $4.05–$4.20 and adjusted diluted EPS of $6.35–$6.50, with revenue projected to increase approximately 5.5% from 2025.
Strategic portfolio optimization continued with the completion of the belts business sale to Gates Industrial Corporation Ltd. in Q3, expected to improve Industrial Motion segment margins, alongside a 35.2% year-over-year increase in free cash flow to $221.4 million.
Management outlined a positive outlook for 2027, anticipating mid-single-digit organic sales growth driven by the "Elevate to Outperform" strategy, while returning $88.7 million to shareholders via dividends and share repurchases during the quarter.