The Timken Company (TKR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 39.3M | 183.3M | 201.1M | 111.3M | 58.6M | 178.6M | 123.2M | 124.6M | 49.3M | 128.3M | 194.3M | 144M | 78.6M | 241.5M | 145.2M | 78.3M | -1.2M | 102.8M | 105.8M | 147.1M |
| Operating CF Margin % | 3.19% | 16.5% | 17.38% | 9.49% | 5.14% | 16.64% | 10.93% | 10.54% | 4.14% | 11.76% | 17% | 11.32% | 6.22% | 22.32% | 12.78% | 6.79% | -0.11% | 10.21% | 10.2% | 13.84% |
| Operating CF Growth % | -32.94% | 2.63% | 63.23% | -10.67% | 18.86% | 39.2% | -36.59% | -13.47% | -37.28% | -46.87% | 33.82% | 83.91% | 6650% | 134.92% | 37.24% | -46.77% | -103.79% | -14.62% | -31.12% | -40.54% |
| Net Income | 98.2M | 62.3M | 69.3M | 78.5M | 91.4M | 75.1M | 93.4M | 102M | 103.5M | 58.7M | 90.9M | 125.2M | 125.7M | 99.1M | 90.4M | 105M | 121.9M | 66.7M | 91.6M | 104.8M |
| Depreciation & Amortization | 58.9M | 59.2M | 58.6M | 57.2M | 55.1M | 56.2M | 56.1M | 54.2M | 55.3M | 52.3M | 52.2M | 51.2M | 45.6M | 42M | 39.9M | 40.7M | 41.4M | 41.3M | 41.3M | 42.2M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 7.5M | 9.2M | 5.2M | 7M | 0 | 7.7M | 5.8M | 0 | 11M | 8.1M | 6.7M | 0 | 7.1M | 4.6M | 3.1M | 0 |
| Deferred Taxes | 2M | 0 | -9.3M | -700K | 0 | -26.8M | -3.3M | -900K | -4.3M | -15M | 6.3M | 0 | 2.8M | -7.7M | 2.4M | -100K | 1.8M | -8.7M | -600K | -3.8M |
| Other Non-Cash Items | 5.9M | 31.8M | 6.1M | 11.5M | -23M | -1.1M | -24.4M | -1.5M | 1.1M | 23.5M | -16.9M | 10.1M | 20.1M | -17.1M | 29.1M | 25.4M | -6M | -7.1M | -200K | -1.1M |
| Working Capital Changes | -125.7M | 30M | 76.4M | -35.2M | -72.4M | 66M | -3.8M | -36.2M | -106.3M | 1.1M | 56M | -42.5M | -126.6M | 117.1M | -23.3M | -92.7M | -167.4M | 6M | -29.4M | 5M |
| Change in Receivables | -131M | 90.9M | 20.3M | -15.1M | -89M | 95.9M | 28.2M | -38.4M | -96.6M | 50.5M | 100.4M | -43.7M | -61.4M | 62.7M | -10M | -50.1M | -118.2M | 71.8M | -1.7M | 26M |
| Change in Inventory | -12.5M | -16.3M | -7.3M | 5.2M | 15.3M | 22.1M | 8.1M | -9.5M | -11.1M | 24.4M | 32.3M | 9.2M | 6.1M | 1.5M | -21M | -55.9M | -70.2M | -71.6M | -62.8M | -48.1M |
| Change in Payables | 31.1M | -3.5M | -1.5M | 2.8M | 20.2M | -20.4M | -30.5M | -6.9M | 20.7M | 1.4M | -43.9M | -5.5M | -9.4M | 2.4M | -6.5M | -13.8M | 7.7M | 16.2M | 19.3M | 21.3M |
| Cash from Investing | -157M | -41.2M | -45.5M | -29.1M | -32.5M | -54.6M | -190.6M | -34.9M | -24.5M | -207.4M | -187.1M | -347.5M | -64.5M | -331.3M | -43.3M | -163.7M | -35M | -57.9M | -42M | -34.5M |
| Capital Expenditures | -38.8M | -42.6M | -37.3M | -33.1M | -35.2M | -53.6M | -35M | -37.3M | -44.1M | -52.9M | -43.6M | -49.6M | -41.7M | -55.9M | -47.3M | -40.9M | -34.3M | -44.7M | -43.1M | -31.1M |
| CapEx % of Revenue | 3.15% | 3.83% | 3.22% | 2.82% | 3.09% | 4.99% | 3.11% | 3.15% | 3.7% | 4.85% | 3.82% | 3.9% | 3.3% | 5.17% | 4.16% | 3.55% | 3.05% | 4.44% | 4.15% | 2.93% |
| Acquisitions | -124.3M | 0 | 700K | 100K | 0 | 300K | -167.3M | 100K | -200K | -165M | -140.1M | -296.3M | -23.5M | -268.4M | -2.2M | -149.2M | 0 | -300K | -7.3M | 100K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 1.7M | 0 | 0 | 1.9M | -1.3M | 16M | 1.2M | 100K | -800K | 1.4M | 0 | -100K | -7M | 1.8M | 2.2M | 100K | -300K | -43.1M | 400K |
| Cash from Financing | 102.1M | -230.3M | -121.9M | -54.3M | -30.6M | -140.6M | -2.2M | -37M | -15M | 111.5M | 26.6M | 226.5M | -17.5M | 118.3M | -88.9M | -27.3M | 204.7M | -46.9M | -103.5M | -112.5M |
| Debt Issued (Net) | 161.7M | -193.6M | -83M | -7.2M | 26.8M | -107.7M | 24.3M | -216.8M | 16.4M | 171.7M | 112.2M | 62.8M | 61.2M | 159.1M | -17.8M | 40.2M | 330.5M | 11.9M | -49.9M | -95.2M |
| Equity Issued (Net) | -25.1M | -10.9M | 600K | -22.4M | -22.8M | -9M | -1.6M | 206M | 2M | -32M | -65.2M | -96M | -54M | -18.3M | -49M | -44.1M | -107.5M | -36.7M | -30.3M | 11.3M |
| Dividends Paid | -25.3M | -24.4M | -24.4M | -24.4M | -25.1M | -23.9M | -23.8M | -23.9M | -24.5M | -23.2M | -23.4M | -23.8M | -23.6M | -22.5M | -22.8M | -22.9M | -23.5M | -22.7M | -22.8M | -22.9M |
| Share Repurchases | -28M | -11.7M | 0 | -22.6M | -23.1M | -9.1M | -1.7M | -29.7M | 0 | -32.5M | -63.9M | -100.5M | -54M | -18.3M | -49M | -44.3M | -100M | -36.4M | -30.3M | 0 |
| Other Financing | -9.2M | -1.4M | -15.1M | -300K | -9.5M | 100K | -1.1M | -2.3M | -8.9M | -5M | 3M | 283.5M | -1.1M | 0 | 700K | -500K | 5.2M | 600K | -500K | -5.7M |
| Net Change in Cash | -19.9M | -86.1M | 30.7M | 44.3M | 2.9M | -39.8M | -57.6M | 48.7M | 3M | 44.2M | 22.8M | 13.2M | -1.6M | 39.1M | -4.4M | -119.2M | 167.3M | -4.7M | -43.7M | 3.2M |
| Free Cash Flow | 500K | 140.7M | 163.8M | 78.2M | 23.4M | 125M | 88.2M | 87.3M | 5.2M | 75.4M | 150.7M | 94.4M | 36.9M | 185.6M | 97.9M | 37.4M | -35.5M | 58.1M | 62.7M | 116M |
| FCF Margin % | 0.04% | 12.66% | 14.16% | 6.66% | 2.05% | 11.64% | 7.83% | 7.38% | 0.44% | 6.91% | 13.19% | 7.42% | 2.92% | 17.15% | 8.61% | 3.24% | -3.16% | 5.77% | 6.04% | 10.91% |
| FCF Growth % | -97.86% | 12.56% | 85.71% | -10.42% | 350% | 65.78% | -41.47% | -7.52% | -85.91% | -59.38% | 53.93% | 152.41% | 203.94% | 219.45% | 56.14% | -67.76% | -1643.48% | -31.24% | -49.6% | -47.91% |
| FCF per Share | 0.01 | 2.00 | 2.34 | 1.11 | 0.33 | 1.77 | 1.24 | 1.23 | 0.07 | 1.06 | 2.11 | 1.30 | 0.50 | 2.52 | 1.33 | 0.50 | -0.47 | 0.76 | 0.81 | 1.50 |
| FCF Conversion (FCF/Net Income) | 0.37x | 2.94x | 2.90x | 1.42x | 0.75x | 2.51x | 1.51x | 1.30x | 0.48x | 2.19x | 2.21x | 1.15x | 0.64x | 2.48x | 1.67x | 0.75x | -0.01x | 1.63x | 1.20x | 1.40x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |