the timken company (nyse: tkr; · neil frohnapple investor relations 234-262-2310...
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Neil Frohnapple Investor Relations
234-262-2310 [email protected]
The Timken Company (NYSE: TKR;
timken.com) designs a growing
portfolio of engineered bearings and
power transmission products. With
more than a century of knowledge and
innovation, we continuously improve
the reliability and efficiency of global
machinery and equipment to move
the world forward. Timken posted
$3.8 billion in sales in 2019 and
employs more than 18,000 people
globally, operating from 42 countries.
OPERATING DATA 2019 2018
Net Sales $ 3,789.9 $ 3,580.8
Adjusted EBITDA* 726.3 646.5
Adjusted EBITDA Margin* 19.2% 18.1%
Adjusted Net Income* 353.8 327.5
Free Cash Flow* 409.5 219.9
SHAREHOLDER RETURNS
Adjusted EPS* $ 4.60 $ 4.18
Dividends 1.12 1.11
KEY RATIOS
Net Debt to Capital* 43.8% 48.5%
Net Debt to Adjusted EBITDA* 2.1x 2.4x
Adjusted Return on Invested Capital* 11.9% 12.8%
* See 2019 Annual Report at investors.timken.com for reconciliations to the most directly comparable generally accepted accounting principal (GAAP) measures.
Figures are in millions of US dollars except per share data
56%
30%
Our Flagship Brands Our growing portfolio of engineered bearings and power transmission product brands serve our customers’ evolving needs.
Product Offering Sales
Channel Overview
Engineered Bearings
Original Equipment Manufacturers (OEM)
Power Transmission Products
Business Segment Sales
Mobile Industries Process Industries
50%
44%
50%
70%
End-Market SectorsWe keep the world in motion by serving a diverse mix of end markets. We continue to lead in traditional industrial markets while expanding into new areas such as renewable energy.
Industrial/Other
Autom
otive
Aerospace
Rail
Renewable Energy
Agriculture/Turf
On-H
ighway A
ftermarket
Mining
Metals
Heavy Truck
Construction
Fossil Fuel
Marine
3%
8%
8% 7
%
7% 6
% 5%
5%
5%
5% 4
%
10%
27%
Distribution / End Users
Sales by GeographyWe solve the most complex challenges for global industries by operating where our customers need us, from North America to Europe and throughout Asia and Latin America.
North America 52%
Latin America 6%
23% Europe, Middle East, Africa
Asia Pacific 19%
Neil Frohnapple Investor Relations
234-262-2310 [email protected]