Timken Company (the) · NYSE:TKR
Timken Company (the) — The Timken Company — Q3 2026 Earnings Presentation
28 slides from Timken Company (the)'s earnings presentation, Nov 4, 2026
Slide 1: 3Q 2026 Earnings Investor Presentation
3Q 2026 Earnings Investor Presentation November 4, 2026 © THE TIMKEN COMPANY
Slide 2: Forward-Looking Statements Safe Harbor and Non-GAAP Financial Information
Forward-Looking Statements Safe Harbor and Non-GAAP Financial Information Certain statements in this presentation (including statements regarding the Company’s forecasts, beliefs, estimates, plans and expectations) that are not historical in nature are “forward-looking” statements within the meaning
Slide 3: 3Q 2026 Highlights
3Q 2026 Highlights • Expanded sales, margins and EPS versus prior year $1.2B 18.5% $1.65 • Results reflect higher pricing across both segments and higher volumes in the Industrial Motion segment Sales Adjusted Adjusted EPS +4.7% YOY Reported EBITDA Margin +20% YOY • Positive price-cost performance d
Slide 4: Progress on Our Strategic Priorities
Progress on Our Strategic Priorities 2026 Priorities: Transform the Core 3Q-26 Progress • Exit non-strategic product or business lines with • Completed divestiture of the belts business; expected PILLAR 1 to structurally increase margins of Industrial Motion structurally lower margins Optimize begin
Slide 5: 3Q 2026 Performance Highlights
3Q 2026 Performance Highlights
Slide 6: 3Q 2026 Financial Overview
3Q 2026 Financial Overview Net Sales ($M) Adjusted EBITDA ($M) Earnings Per Share REPORTED (GAAP) ADJUSTED $1,211 $225 $1.65 $202 $1,157 $1.37 $1.34 +4.7% 17.4% 18.5% $0.99 3Q-25 3Q-26 3Q-25 3Q-26 3Q-25 3Q-26 3Q-25 3Q-26 6 See appendix for reconciliations of adjusted EBITDA, adjusted EBITDA margin,
Slide 7: 3Q 2026 Financial Highlights — Sales
3Q 2026 Financial Highlights — Sales ($M) 3Q-26 vs. 3Q-25 Sales by Geography – ORGANIC (Excludes Acquisitions and Currency impact) $1 $1,211 $21 $32 $1,157 +2.8% +1.8% +0.1% +4.7% -3% EMEA +3% +6% Asia-Pacific Americas 3Q-25 Organic Acquisitions Currency 3Q-26 7 Certain data contained in the bar gra
Slide 8: 3Q 2026 Financial Comparison – Adjusted EBITDA
3Q 2026 Financial Comparison – Adjusted EBITDA ($M) $7 ($2) ($6) $14 ($8) $4 $225 $4 $12 $202 ($2) 17.4% 18.5% 3Q-25 Mix Price Tariffs* Volume** Material/ Manufacturing Costs SG&A/Other Acquisitions Currency 3Q-26 EBITDA (adj.) Logistics EBITDA (adj.) *Includes a net benefit of ~$12M for IEEPA tarif
Slide 9: 3Q 2026 Segment Performance: Engineered Bearings
3Q 2026 Segment Performance Engineered Bearings Net Sales ($M) Adjusted EBITDA ($M) Q3 Organic Sales by End-Market Sector Organic sales up 0.5% YOY $766 $771 $156 $144 Aerospace & Defense Power & Electrification +0.7% 18.8% 20.2% Automation & Industrial Solutions Infrastructure Industrial Transporta
Slide 10: 3Q 2026 Segment Performance: Industrial Motion
3Q 2026 Segment Performance Industrial Motion Net Sales ($M) Adjusted EBITDA ($M) Q3 Organic Sales by End-Market Sector Organic sales up 7.3% YOY $440 $87 Aerospace & Defense $391 $75 Power & Electrification +12.4% 19.0% 19.8% Automation & Industrial Solutions Infrastructure Industrial Transportatio
Slide 11: Cash Flow, Leverage & Capital Allocation
Cash Flow, Leverage & Capital Allocation Capital Structure ($M) ($M) 3Q-25 3Q-26 12/31/25 09/30/26 Net Cash from Operations $201.1 $256.1 Cash $ 364 $ 410 Capital Expenditures (37.3) (34.7) Total Debt 1,922 1,935 Free Cash Flow (FCF) $163.8 $221.4 Net Debt $1,558 $1,525 Adj. EBITDA (TTM) $ 796 $ 881
Slide 12: 2026 Outlook
2026 Outlook TIMKEN
Slide 13: 2026 Outlook
2026 Outlook Prior Outlook (Apr. 30, 2025) Current Outlook: Full-Year 2026 vs. 2025 Sales of +5.5% at midpoint (organic: +3.5%; FX: +1.25%; M&A: +0.75%) Prior Outlook Current Outlook August 4, 2026 November 4, 2026 Adj. EBITDA margins in the mid-18’s% range (vs. 17.4% in 2025) Adj. EPS range of $6.3
Slide 14: Organic Growth Outlook – FY 2026 by Market/Sector
Organic Growth Outlook – FY 2026 by Market/Sector End-Market Sector 2026 Outlook % of 2025 Sales Aerospace & Defense Up MSD 12% Automation & Industrial Solutions Up HSD 27% Infrastructure Up MSD 23% Power & Electrification Down MSD* 9% Industrial Transportation & Mobility Flat to +/- LSD 16% Total O
Slide 15: 2026 Adj. EPS Outlook Bridge (vs. August Outlook)
2026 Adj. EPS Outlook Bridge (vs. August Outlook) Based on Midpoint of Outlook Ranges ~$0.08 $6.43 ~$0.13 $6.20 ~$0.02 Prior 2026 Adj. EPS Outlook* Organic (net)** 3Q-26 net IEEPA Refunds Interest expense New 2026 Adj. EPS Outlook* Adj. EBITDA Margin*: low-18’s% Adj. EBITDA Margin*: mid-18’s% Note:
Slide 16: Appendix: Backup Slides and GAAP Reconciliations
Appendix: Backup Slides and GAAP Reconciliations
Slide 17: Attractive End-Market Sector Sales Mix
Attractive End-Market Sector Sales Mix Aerospace & Power & Automation & Industrial Transportation Defense Electrification Industrial Solutions Infrastructure & Mobility 12% of Sales 9% of Sales 27% of Sales 23% of Sales 16% of Sales 45% 55% 75% 25% 45% 55% 75% 25% 80% 20% Engineered Bearings Industr
Slide 18: Focused on Strategic Verticals to Deliver Strong Growth
Focused on Strategic Verticals to Deliver Strong Growth End-Market Aerospace & Power & Automation & Industrial Transportation Infrastructure Sectors Defense Electrification Industrial Solutions & Mobility Strategic > Commercial Aerospace > Power Generation > Automation & Robotics > Construction > Ma
Slide 19: Why Timken
Why Timken Strong Foundation Elevate to to Build On Outperform Leadership in mission-critical Pillar 1: Optimize the Portfolio motion systems Pillar 2: Focus Resources to Attractive end-market sector Strategic Verticals exposure with high aftermarket mix Pillar 3: Leverage Our Strong balance sheet a
Slide 20: GAAP Reconciliation: Net Income & EPS
GAAP Reconciliation: Net Income & EPS Reconciliations of Adjusted Net Income to GAAP Net Income and Adjusted Earnings Per Share to GAAP Earnings Per Share: (Unaudited) The following reconciliation is provided as additional relevant information about the Company's performance deemed useful to investo
Slide 21: GAAP Reconciliation: 2025 Net Income & EPS
GAAP Reconciliation: 2025 Net Income & EPS Reconciliations of Adjusted Net Income to GAAP Net Income and Adjusted Earnings Per Share to GAAP Earnings Per Share: (Unaudited) The following reconciliation is provided as additional relevant information about the Company's performance deemed useful to in
Slide 22: GAAP Reconciliation: EBITDA and EBITDA, After Adjustments to GAAP Net Income
GAAP Reconciliation: EBITDA and EBITDA, After Adjustments to GAAP Net Income Reconciliation of EBITDA to GAAP Net Income, EBITDA Margin to Net Income as a Percentage of Sales, and EBITDA Margin, After Adjustments, to Net Income as a Percentage of Sales, and EBITDA, After Adjustments, to Net Income:
Slide 23: GAAP Reconciliation: 2025 EBITDA, and EBITDA, After Adjustments to Net Income
GAAP Reconciliation: 2025 EBITDA, and EBITDA, After Adjustments to Net Income Reconciliations of GAAP to Non-GAAP Measures: (Unaudited) The following reconciliation is provided as additional relevant information about the Company's performance deemed useful to investors. Management believes consolid
Slide 24: GAAP Reconciliation: Net Debt & Free Cash Flow
GAAP Reconciliation: Net Debt & Free Cash Flow Reconciliation of Total Debt to Net Debt, the Ratio of Net Debt to Capital, and the Ratio of Net Debt to Adjusted EBITDA: (Unaudited) These reconciliations are provided as additional relevant information about the Company's financial position deemed use
Slide 25: GAAP Reconciliation: Consolidated EBITDA
GAAP Reconciliation: Consolidated EBITDA Reconciliation of EBITDA and EBITDA, After Adjustments, to GAAP Net Income: (Unaudited) The following reconciliation is provided as additional relevant information about the Company's performance deemed useful to investors. Management believes consolidated ea
Slide 26: GAAP Reconciliation: Adjusted EPS and Free Cash Flow Outlook
GAAP Reconciliation: Adjusted EPS and Free Cash Flow Outlook Reconciliation of Adjusted Earnings per Share to GAAP Earnings per Share for Full Year 2026 Outlook: (Unaudited) The following reconciliation is provided as additional relevant information about the Company's outlook deemed useful to inves
Slide 27: GAAP Reconciliation: Net Sales to Organic Sales
GAAP Reconciliation: Net Sales to Organic Sales Reconciliation of Net Sales to Organic Sales (Unaudited) The following reconciliation is provided as additional relevant information about the Company's performance deemed useful to investors. Management believes that net sales, excluding the impact of
Slide 28: TIMKEN
TIMKEN