Timken Company (the) · NYSE:TKR
Timken Company (the) — The Timken Company — Q2 2025 Earnings Presentation
30 slides from Timken Company (the)'s earnings presentation, Jul 30, 2025
Slide 1: 2Q 2025 Earnings Investor Presentation
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Earnings Investor Presentation July 30, 2025 The Timken Company
Slide 2: Agenda
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Agenda 2 Neil Frohnapple Introduction Vice President of Investor Relations Overview and Rich Kyle Business Update P
Slide 3: Forward-Looking Statements Safe Harbor and Non-GAAP Financial Information
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 3 Forward-Looking Statements Safe Harbor and Non-GAAP Financial Information Certain statements in this presentation
Slide 4: Overview and Business Update
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Overview and Business Update Rich Kyle President and Chief Executive Officer The Timken Company
Slide 5: 2Q 2025 Performance Highlights
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Performance Highlights 5 Sales of $1.17 billion in 2Q-25, down 0.8% from last year ▪ Revenue down 2.5% orga
Slide 6: Organic Growth Outlook – FY 2025 By Market/Sector
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Organic Growth Outlook – FY 2025 By Market/Sector 6 (Market/Sector Placement Reflects Midpoint of Guidance) NEGATIV
Slide 7: 2025 Outlook
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2025 Outlook 7 Prior Outlook Current Outlook (Apr. 30, 2025) (Jul. 30, 2025) Current Outlook: Full-Year 2025 vs. 20
Slide 8: Spotlight on Timken’s Position in Automation
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Spotlight on Timken’s Position in Automation 8 Scaling in multiple products/technologies to TIMKEN AUTOMATION SECTO
Slide 9: Focused on Scaling in Higher-Growth Applications
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Focused on Scaling in Higher-Growth Applications CGI Precision Gearing Cone Drive Harmonic Solutions® Factory/Wareh
Slide 10: Looking Ahead
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Looking Ahead 10 Focused on delivering resilient performance in 2025 ▪ Taking a cautious view on second-half demand
Slide 11: Financial Performance
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Financial Performance Phil Fracassa Executive Vice President and Chief Financial Officer The Timken Company
Slide 12: 2Q 2025 Financial Overview
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Financial Overview 12 Net Sales ($M) Adjusted EBITDA ($M) Earnings Per Share REPORTED (GAAP) ADJUSTED $1,18
Slide 13: 2Q 2025 Financial Highlights - Sales
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Financial Highlights - Sales 13 2Q-25 vs. 2Q-24 Sales by Geography – ORGANIC (Excludes Acquisitions and Cur
Slide 14: 2Q 2025 Financial Comparison – Adjusted EBITDA
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Financial Comparison – Adjusted EBITDA 14 $8 ($14) $230 ($17) $6 ($4) $0 ($5) $4 $208 Pricing positive, Net
Slide 15: 2Q 2025 Financial Comparison – Net Income & Diluted EPS
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Financial Comparison – Net Income & Diluted EPS 15 2Q-24 2Q-25 $M EPS $M EPS Net Income / EPS $96.2 $1.36 $
Slide 16: 2Q 2025 Segment Performance – Engineered Bearings
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Segment Performance 16 Engineered Bearings Net Sales ($M) $783 $777 Q2 Organic Sales by Market/Sector Sales
Slide 17: 2Q 2025 Segment Performance – Industrial Motion
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2Q 2025 Segment Performance 17 Industrial Motion Net Sales ($M) $399 $396 Q2 Organic Sales by Platform Sales of $39
Slide 18: Cash Flow, Leverage & Capital Allocation
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Cash Flow, Leverage & Capital Allocation 18 Capital Structure ($M) ($M) 2Q-24 2Q-25 12/31/24 06/30/25 Cash $ 373 $
Slide 19: 2025 Outlook
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2025 Outlook 19 Prior Outlook Current Outlook (Apr. 30, 2025) (Jul. 30, 2025) Current Outlook: Full-Year 2025 vs. 2
Slide 20: Tariffs and Estimated Impact on Timken
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Tariffs and Estimated Impact on Timken 20 Overview Current Assumptions ▪ Timken is a U.S.-based global manufacturer
Slide 21: 2025 Adj. EPS Outlook Bridge – Versus Prior Outlook (April)
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason 2025 Adj. EPS Outlook Bridge – Versus Prior Outlook (April) 21 (Based on Midpoint of Guidance Ranges) $5.35 ~($0.35
Slide 22: Appendix: GAAP Reconciliations
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Appendix: GAAP Reconciliations The Timken Company
Slide 23: Supplemental Information: EBITDA Adjustments and Depreciation & Amortization by Segment
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Supplemental Information: EBITDA Adjustments and Depreciation & 23 Amortization by Segment (Unaudited) (Dollars in
Slide 24: Supplemental Information: EBITDA Adjustments and Depreciation & Amortization by Segment
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason Supplemental Information: EBITDA Adjustments and Depreciation & 24 Amortization by Segment (Unaudited) (Dollars in
Slide 25: GAAP Reconciliation: Net Income & EPS
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: Net Income & EPS 25 Reconciliations of Adjusted Net Income to GAAP Net Income and Adjusted Ear
Slide 26: GAAP Reconciliation: EBITDA and EBITDA, After Adjustments to GAAP Net Income
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: EBITDA and EBITDA, After Adjustments to GAAP Net 26 Income Reconciliation of EBITDA to GAAP Ne
Slide 27: GAAP Reconciliation: Consolidated EBITDA
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: Consolidated EBITDA 27 Reconciliation of EBITDA and EBITDA, After Adjustments, to GAAP Net Inc
Slide 28: GAAP Reconciliation: Net Debt & Free Cash Flow
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: Net Debt & Free Cash Flow 28 Reconciliation of Total Debt to Net Debt, the Ratio of Net Debt t
Slide 29: GAAP Reconciliation: Adjusted EPS and Free Cash Flow Outlook
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: Adjusted EPS and Free Cash Flow Outlook 29 Reconciliation of Adjusted Earnings per Share to GA
Slide 30: GAAP Reconciliation: Net Sales to Organic Sales
These materials were presented on Jul. 30, 2025 and have not been confirmed or updated. The Company disclaims any obligation to do so based on subsequent events or for any other reason GAAP Reconciliation: Net Sales to Organic Sales 30 Reconciliation of Net Sales to Organic Sales (Unaudited) The fol