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Timken's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Timken manufactures and supplies bearings, alloy steel, power transmission components, engineered surfaces and lubricati... Read more

Based on data from Timken's latest SEC filings

Annual Revenue

Based on data from Timken's latest SEC filings

Employees

Richard G. Kyle's photo - President & CEO of Timken

President & CEO

Richard G. Kyle

CEO Approval Rating

71/100

OVERVIEW

Founded:

1899

Headquarters:

North Canton, Ohio
Cleveland Metropolitan Area

Status:

PublicNYSETKR

Industry Sector:

Industrial Machinery & Equipment

SIC Code:

3560NAICS listing »

Top Competitors or Alternatives

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Competitor - 1/1

Is JTEKT a competitor of Timken?

I don't know

Trending News for Timken and Timken's Competitors

June 2, 2020

Benzinga

SKF Factories to be Carbon Neutral by 2030

GOTHENBURG, Sweden, June 2, 2020 /PRNewswire/ -- Since 2015, SKF has decreased its manufacturing carb... See more »

June 3, 2020

FE Investegate

Cadence Minerals PLC : Yangibana JV Partner Agreement with Schaeffler

9:31 AM: (KDNC) Yangibana JV Partner Agreement with Schaeffler... See more »

June 3, 2020

Oral Health Journal

NSK America Launches NSK LIVE to Accommodate Customers During COVID-19 Recovery

NSK LIVE is a new, virtual platform designed for dental professionals and dealers to receive live sup... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

SKF is Timken's top competitor. SKF was founded in 1907 in Göteborg, Other. SKF competes in the Industrial Machinery & Equipment field. SKF generates $5.6B more revenue than Timken.

Schaeffler is perceived as one of Timken's biggest rivals. Schaeffler's headquarters is in Herzogenaurach, Bavaria, and was founded in 1946. Schaeffler is in the Industrial Suppliers industry. Schaeffler generates 433% of Timken's revenue.

NTN is one of Timken's top competitors. NTN is a Private company that was founded in Osaka, Ōsaka Prefecture in 1918. NTN operates in the Industrial Suppliers industry. NTN has 11,108 fewer employees vs. Timken.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Richard G. Kyle

President & CEO

- -
17,000
$0
$3.7B
1

Alrik Danielson

CEO

74/100
43,360
- -
$9.4B
2

Klaus Rosenfeld

CEO

70/100
87,748
- -
$16.2B
3

Hiroshi Okubo

CEO

73/100
5,892
- -
$6.6B
4

Tetsuo Agata

President

82/100
49,693
- -
$55.8B
5

Toshihiro Uchiyama

President & CEO

71/100
31,484
- -
$9B
6

CEO

- -
- -
7

CEO

- -
- -
8

CEO

- -
418
- -
$14.7M
9

CEO

- -
45
- -
$120M
10

CEO

- -
- -
The top 10 competitors in Timken's competitive set are SKF, Schaeffler, NTN, JTEKT , NSK, MOOG Parts, Detroit Axle, ACDelco, SLF and Galaxy Bearings. Together they have raised over 0 between their estimated 218.6K employees. Timken has 17,000 employees and is ranked 5th among it's top 10 competitors. The top 10 competitors average 29,455.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.7B

Timken's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 12.6B. Over the last four quarters, Timken's revenue has decreased by 7.7%. Specifically, in Q1 2020's revenue was $923.4M; in Q4 2019, it was $896.2M; in Q3 2019, it was $914M; in Q2 2019, Timken's revenue was $1B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
BAIER + KOPPEL GmbH + Co. KG

Sep 2019

Source »
$165M
Beka is a supplier of automatic lubrication systems for wind, food and beverage and rail industries.
Diamond Chain Company, Inc.

Apr 2019

Source »
undisclosed
Diamond Chain designs, manufactures and commercializes roller chains for industrial automation, agriculture and construction sectors.
Rollon S.p.A.

Jul 2018

Source »
undisclosed
Rollon manufactures and markets telescopic rails, linear motion systems and actuators for aerospace, medical, packaging and logistics sectors.
Cone Drive

Jul 2018

Source »
undisclosed
Cone Drive manufactures and markets precision motion control products for robotics, construction, energy, aerospace and defense sectors.
ABC Bearings Limited

Jul 2017

Source »
undisclosed
ABC Bearings is a manufacturer and distributor of tapered, cylindrical and spherical roller bearings and slewing rings.

These are all the companies that Timken has acquired. Timken has acquired 15 companies and its latest acquisition was BAIER + KOPPEL GmbH + Co. KG in Sep 2019. Beka is a supplier of automatic lubrication systems for wind, food and beverage and rail industries.

Investments

No recent investments found related to Timken

Timken News

April 16, 2020MarketScreener

To Hold Virtual Annual Shareholder Meeting for 2020

(marketscreener.com) NORTH CANTON, Ohio, April 16, 2020 /PRNewswire/ -- The Timken Company , a world ... See more »
April 9, 2020MarketScreener

to Announce First-Quarter 2020 Financial Results on May 1

(marketscreener.com) NORTH CANTON, Ohio, April 9, 2020 /PRNewswire/ -- The Timken Company , a world l... See more »
March 3, 2020MarketScreener

to Participate in BofA Global Research Global Industrials Conference

(marketscreener.com) NORTH CANTON, Ohio, March 3, 2020 /PRNewswire/ -- The Timken Company , a world l... See more »
February 27, 2020St Louis Post Dispatch

Company wins state aid for moving production, jobs into Iowa

CLINTON, Iowa (AP) - The Timken Co. is planning to move auger production to Clinton from across the M... See more »
February 25, 2020MarketScreener

Named One of the World's Most Ethical Companies� by Ethisphere for the 10th Time

(marketscreener.com) NORTH CANTON, Ohio, Feb. 25, 2020 /PRNewswire/ -- For the 10th time, the Timken ... See more »
February 20, 2020MarketScreener

Awards Annual Scholarships to Help Power Young Minds

(marketscreener.com) NORTH CANTON, Ohio, Feb. 20, 2020 /PRNewswire/ -- The Timken Company is funding ... See more »
February 19, 2020MarketScreener

to Participate in the Evercore ISI Annual Industrial Conference

(marketscreener.com) NORTH CANTON, Ohio, Feb. 19, 2020 /PRNewswire/ -- The Timken Company , a world l... See more »

Timken Press Releases

November 4, 2019CSRwire

Timken Issues CSR Report, Demonstrating Commitment to Move the World Forward, for Good

See more »
October 30, 2019centralcharts

Timken Reports Strong Third-Quarter 2019 Results; Updates Full-Year Outlook

Timken Reports Strong Third-Quarter 2019 Results; Updates Full-Year Outlook - Posted sales of $914 mi... See more »
October 23, 2019PR Newswire

Timken to Participate in The Baird Global Industrial Conference

NORTH CANTON, Ohio, Oct. 23, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a w... See more »
May 21, 2019PR Newswire

Timken to Participate in KeyBanc Capital Markets Industrials & Basic Materials Conference

NORTH CANTON, Ohio, May 21, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a wo... See more »
March 12, 2019PR Newswire

Timken to Participate in Bank of America Merrill Lynch Global Industrials Conference

NORTH CANTON, Ohio, March 12, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a ... See more »
February 26, 2019PR Newswire

Timken Named One of the World's Most Ethical Companies® by Ethisphere for the 9th Time

NORTH CANTON, Ohio, Feb. 26, 2019 /PRNewswire/ -- For the ninth time, the Timken Company (NYSE: TKR; ... See more »
February 7, 2019PR Newswire

Timken Reports Strong Fourth-Quarter and Full-Year 2018 Results; Expects Continued Growth in 2019

NORTH CANTON, Ohio, Feb. 7, 2019 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a wo... See more »

Timken Videos

February 24, 2020Timken Youtube Channel

"Ask the Expert - Where can I find torque specs servicing a commercial vehicle wheel end?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - Do maintenance practices differ from manual adjust vs PreSet wheel bearings?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - Can you use standard bearings in a PreSet application?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Ask the Expert - If the old spacer is still good can you reuse the spacer in preadjusted hubs?" on YOUTUBE

See more »
February 24, 2020Timken Youtube Channel

"Timken Testimonial from Robert Roos, President, National Pronto Association" on YOUTUBE

See more »
February 21, 2020Timken Youtube Channel

"Ask the Expert - Do I need to remove rust from fastener threads and mating surfaces?" on YOUTUBE

See more »
February 21, 2020Timken Youtube Channel

"Timken Consistent Proven Quality: Ryan Shaffer - You Get What You Pay For" on YOUTUBE

See more »

Social Statistics

Headquarters

4500 Mount Pleasant Street NW

North Canton, Ohio44720

234-262-3000

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Timken manufactures and supplies bearings, alloy steel, power transmission components, engineered surfaces and lubrication. Timken was founded in 1899. Timken's headquarters is located in North Canton, Ohio, USA 44720. Timken's President & CEO, Richa...

CEO

Timken's President & CEO, Richard G. Kyle, currently has an approval rating of 71%. Timken's primary competitors are SKF, Schaeffler & NTN.

Website

timken.com

Frequently Asked Questions about Timken

  1. When was Timken founded?

    Timken was founded in 1899

  2. Who is Timken's CEO?

    Timken's CEO is Richard G. Kyle

  3. How much revenue does Timken generate?

    Timken generates $3.7B in revenue

  4. How much funding does Timken have?

    Timken has historically raised $0 in funding

  1. Where is Timken's headquarters?

    Timken's headquarters is in North Canton Ohio, USA

  2. How many employees does Timken have?

    Timken has 17,000 employees

  3. What sector does Timken operate in?

    Timken is in Industrial Machinery & Equipment

  4. Who are Timken's competitors?

    Timken's top competitors are SKF, Schaeffler, NTN
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