Timken Company (TKR) Goldman Sachs Conference presentation summary

Company overview and key metrics

• Generated $4.6B in revenue and $845M in adjusted EBITDA in 2024, with an 18.5% adjusted EBITDA margin.

• 66% of sales from engineered bearings, 34% from industrial motion; 56% of sales in the Americas.

• 19,000 employees in 45 countries; 103+ years of consecutive quarterly dividends.

• Free cash flow for 2024 was $306M, with a dividend yield of 1.9%.

• 55% of sales to original equipment customers, 45% to distributors/end-users.

Financial performance and capital allocation

• Over $1.6B in free cash flow generated over the last five years.

• Repurchased 31.5M shares since 2013 for ~$1.58B, reducing shares outstanding by ~25%.

• 413 consecutive quarterly dividends paid, with 11 straight years of annual dividend increases.

• 3Q 2025 net sales were $1,157M, adjusted EBITDA $202M, and adjusted EPS $1.37.

• Net debt/adjusted EBITDA ratio at 2.1x as of September 30, 2025.

Strategic priorities and operational focus

• Focused on cost actions, margin improvement, and mitigating tariff impacts.

• Investing to grow faster in profitable verticals and integrating acquisitions for synergies.

• Expanding complementary product offerings to increase customer relevance and cross-selling.

• Strong distribution and aftermarket presence supports growth and customer engagement.