EarningsQ2 2026 Earnings Report
MX:TKR Q2 2026 EPS Results
Actual EPS$30.95
Consensus EPS$27.41
Beat/MissBeat by +$3.53
One Year Ago EPS$24.02
MX:TKR Q2 2026 Revenue Results
Actual Revenue$21.32B
Expected Revenue$20.86B
Beat/MissBeat by +$468.20M
YoY Revenue Growth+7.46%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
MX:TKR Upcoming Earnings
Timken Company's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:TKR Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational execution, margin expansion, record Industrial Motion performance, successful M&A integration, and another upward revision to full-year guidance — outweighing manageable near-term headwinds (solar weakness, cost inflation, one-time tariff timing, and investments for aerospace capacity). Management presented credible actions (portfolio shaping, 80/20, leadership additions) expected to drive continued margin improvement toward 2028 targets.Company Guidance
Strategic Progress and M&A Integration
Progress on 'Elevate to Outperform': 80/20 engaged across 60% of enterprise revenue (target 75% by Q3). Bijur Delimon integration ahead of schedule, scaling lubrication systems to ~ $400M revenue and contributing ~$4M to adjusted EBITDA with high-teens margin. Belts divestiture on track (expected Q3) and pro forma IM EBITDA margin improvement >200 bps.
Strong Market Momentum in Strategic Verticals
High single-digit organic growth in targeted strategic verticals; automation and robotics grew mid-teens. Rollon geographic expansion drove consecutive quarters of double-digit organic growth in linear motion.
Shareholder Returns and Capital Allocation
Quarterly dividend raised by 3% and ~155,000 shares repurchased; $45 million returned to shareholders in Q2 (buybacks + dividends).
Revenue Growth and Mix
Total revenue of $1.26 billion, up 7.5% year-over-year; organic sales up 4.4%. Acquisitions (Bijur Delimon) added ~1.8% and foreign currency contributed ~1.3% to top-line growth.
Record Industrial Motion Performance
Industrial Motion delivered an all-time quarterly record: $454 million in sales, up 14.6% YoY; organic growth ~8%. Segment adjusted EBITDA margin expanded to 23.3%, a 500 bps improvement year-over-year.
Engineered Bearings Stability and Profitability
Engineered Bearings sales of $807 million, up nearly 4% YoY (organic +2.5%). Segment adjusted EBITDA was $161 million, representing a 20% margin.
Improved Company Margins and Earnings
Consolidated adjusted EBITDA margin expanded to 19.6% (vs. 17.7% a year ago). Adjusted EPS for Q2 was $1.83, up nearly 30% YoY. Incremental margins above 40% organically in the quarter (excluding tariff benefit).
Cash Generation and Balance Sheet
Operating cash flow of $107 million in Q2 and free cash flow >$80 million after CapEx. Net debt to adjusted EBITDA at 2.0x (middle of target range), providing capital allocation flexibility.
Raised Full-Year Guidance
Full-year sales outlook raised to +5% to +6% (organic midpoint 3.5%, up 0.5 pts). Adjusted EPS guidance raised to $6.05–$6.35 (midpoint up $0.20), implying ~16% EPS growth at midpoint. Full-year FCF guide increased to $375–$400 million (up $25M).
MX:TKR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed