Timken (TKR) Tax Rate: 2009-2024
Historic Tax Rate for Timken (TKR) over the last 16 years, with FY2024 value amounting to 24.06%.
- Timken's Tax Rate rose 89600.0% to 30.88% in Q3 2025 from the same period last year, while for Sep 2025 it was 28.06%, marking a year-over-year decrease of 18600.0%. This contributed to the annual value of 24.06% for FY2024, which is 9700.0% up from last year.
- According to the latest figures from FY2024, Timken's Tax Rate is 24.06%, which was up 9700.0% from 23.09% recorded in FY2023.
- In the past 5 years, Timken's Tax Rate ranged from a high of 26.22% in FY2020 and a low of 19.95% during FY2021
- Its 5-year average for Tax Rate is 23.53%, with a median of 24.06% in 2024.
- Its Tax Rate has fluctuated over the past 5 years, first soared by 55400bps in 2020, then tumbled by -62600bps in 2021.
- Annual analysis of 5 years shows Timken's Tax Rate stood at 26.22% in 2020, then fell by -24bps to 19.95% in 2021, then increased by 22bps to 24.31% in 2022, then decreased by -5bps to 23.09% in 2023, then increased by 4bps to 24.06% in 2024.
- Its Tax Rate stands at 24.06% for FY2024, versus 23.09% for FY2023 and 24.31% for FY2022.