Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2024

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

	2024
	1st		2nd		3rd		4th		Total
Net sales	$	1,190.3	$	1,182.3	$	1,126.8	$	1,073.6	$	4,573.0
Cost of products sold	792.7		808.7		782.4		748.5		3,132.3
Selling, general and administrative expenses	190.7		184.1		189.7		187.5		752.0
Amortization of intangible assets	20.0		19.0		19.7		19.3		78.0
Impairment and restructuring charges	2.3		3.3		2.5		5.3		13.4
Operating income	184.6		167.2		146.3		113.0		611.1
Net income (1)	110.6		102.0		87.6		75.1		375.3
Net income attributable to noncontrolling interests	7.1		5.8		5.8		3.9		22.6
Net income attributable to The Timken Company	103.5		96.2		81.8		71.2		352.7
Net income per share - Basic:	$	1.47	$	1.37	$	1.17	$	1.02	$	5.02
Net income per share - Diluted:	$	1.46	$	1.36	$	1.16	$	1.01	$	4.99
Dividends per share	$	0.33	$	0.34	$	0.34	$	0.34	$	1.35
	2023
	1st		2nd		3rd		4th		Total
Net sales	$	1,262.8	$	1,272.3	$	1,142.7	$	1,091.2	$	4,769.0
Cost of products sold	846.0		866.9		787.1		759.9		3,259.9
Selling, general and administrative expenses	186.8		184.9		179.6		189.5		740.8
Amortization of intangible assets	13.5		17.3		17.5		17.4		65.7
Impairment and restructuring charges	28.9		2.5		8.9		5.2		45.5
Operating income	187.6		200.7		149.6		119.2		657.1
Net income (2)	125.7		129.5		90.9		61.9		408.0
Net income attributable to noncontrolling interests	3.4		4.3		3.0		3.2		13.9
Net income attributable to The Timken Company	122.3		125.2		87.9		58.7		394.1
Net income per share - Basic:	$	1.69	$	1.74	$	1.24	$	0.84	$	5.52
Net income per share - Diluted:	$	1.67	$	1.73	$	1.23	$	0.83	$	5.47
Dividends per share	$	0.31	$	0.33	$	0.33	$	0.33	$	1.30

Earnings per share are computed independently for each of the quarters presented; therefore, the sum of the quarterly earnings per share may not equal the total computed for the year.

(1)Net income for the third quarter of 2024 included the gain on the sale of a former bearing manufacturing plant of $13.8 million. Net income for the fourth quarter of 2024 included net actuarial gains of $1.3 million.

(2)Net income for the first quarter of 2023 included goodwill impairment charges of $28.3 million. Net income for the fourth quarter of 2023 included net actuarial losses of $22.3 million.