Timken (TKR) Divestments (2009 - 2024)
Timken (TKR) posted Divestments of $16.0 million for Q3 2024, up 5233.33% sequentially from $300000.0 in Q2 2024.
Timken (TKR) Divestments (2009 - 2024) Analysis & Trends
Timken has reported Divestments for 8 years, with the latest figure at $16.0 million in Q3 2024.
- Quarterly Divestments changed N/A year-over-year to $16.0 million in Q3 2024, while the trailing twelve-month figure through Dec 2025 was $300000.0 (down 96.77% YoY) and the FY2024 annual result came in at $300000.0, down 97.78% from the prior year.
- Divestments rose to $16.0 million in Q3 2024 per TKR's latest filing, from $300000.0 in the prior quarter.
- Over five years, Divestments peaked at $32.9 million in Q4 2022 and troughed at -$2.1 million in Q3 2022.
- A 3-year average of $8.0 million and a median of $4.4 million in 2022 frame the typical range for Divestments.
- The sharpest annual moves came in 2023 and 2024: Divestments slumped 138.71% in 2023, then surged 125.0% in 2024.
- Over 3 years, Divestments stood at $32.9 million in 2022, then plunged by 72.64% to $9.0 million in 2023, then jumped by 77.78% to $16.0 million in 2024.
- According to Business Quant data, Divestments over the past three periods registered $16.0 million, $300000.0, and $9.0 million for Q3 2024, Q2 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Snap-on | 20.25 Bn | 18.60 Bn | 635.20 Mn | - |
| 2 | RBC Bearings | 15.94 Bn | 15.81 Bn | 247.80 Mn | - |
| 3 | Lincoln Electric Holdings | 15.14 Bn | 14.90 Bn | 449.00 Mn | - |
| 4 | Stanley Black & Decker | 14.83 Bn | 14.24 Bn | 1.31 Bn | 1.81 Bn |
| 5 | Toro | 9.43 Bn | 9.25 Bn | 482.70 Mn | - |
| 6 | Timken | 8.64 Bn | 8.24 Bn | 399.30 Mn | - |
| 7 | Kennametal | 2.27 Bn | 2.17 Bn | 433.56 Mn | - |
| 8 | Hillman Solutions | 1.63 Bn | 1.59 Bn | 208.09 Mn | - |
| 9 | Eastern | 151.10 Mn | 135.96 Mn | - | - |
| 10 | Chicago Rivet & Machine | 9.59 Mn | 8.82 Mn | 563,312.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 16.00 Mn |
| Jun 30, 2024 | 300,000.00 |
| Dec 31, 2023 | 9.00 Mn |
| Jun 30, 2023 | -1.20 Mn |
| Mar 31, 2023 | 5.70 Mn |
| Dec 31, 2022 | 32.90 Mn |
| Sep 30, 2022 | -2.10 Mn |
| Jun 30, 2022 | 3.10 Mn |
| Dec 31, 2015 | 43.40 Mn |
| Jun 30, 2015 | 2.80 Mn |
| Dec 31, 2014 | 7.40 Mn |
| Jun 30, 2014 | -42.30 Mn |
| Mar 31, 2014 | -34.70 Mn |
| Dec 31, 2013 | 118.70 Mn |
| Sep 30, 2013 | -37.50 Mn |
| Dec 31, 2012 | -178.80 Mn |
| Dec 31, 2009 | 305.10 Mn |
| Sep 30, 2009 | -500,000.00 |