Timken Cost of Goods Sold 2010-2024 | TKR

Timken annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Timken cost of goods sold for the quarter ending June 30, 2024 was $0.809B, a 6.71% decline year-over-year.
  • Timken cost of goods sold for the twelve months ending June 30, 2024 was $3.148B, a 4.3% decline year-over-year.
  • Timken annual cost of goods sold for 2023 was $3.26B, a 3.01% increase from 2022.
  • Timken annual cost of goods sold for 2022 was $3.165B, a 6.07% increase from 2021.
  • Timken annual cost of goods sold for 2021 was $2.984B, a 19.19% increase from 2020.
Timken Annual Cost of Goods Sold
(Millions of US $)
2023 $3,260
2022 $3,165
2021 $2,984
2020 $2,503
2019 $2,648
2018 $2,541
2017 $2,192
2016 $1,964
2015 $2,053
2014 $2,178
2013 $2,167
2012 $2,332
2011 $3,801
2010 $3,034
2009 $2,559
Timken Quarterly Cost of Goods Sold
(Millions of US $)
2024-06-30 $809
2024-03-31 $793
2023-12-31 $760
2023-09-30 $787
2023-06-30 $867
2023-03-31 $846
2022-12-31 $774
2022-09-30 $803
2022-06-30 $801
2022-03-31 $786
2021-12-31 $727
2021-09-30 $769
2021-06-30 $761
2021-03-31 $726
2020-12-31 $655
2020-09-30 $631
2020-06-30 $573
2020-03-31 $645
2019-12-31 $640
2019-09-30 $637
2019-06-30 $694
2019-03-31 $677
2018-12-31 $656
2018-09-30 $628
2018-06-30 $639
2018-03-31 $618
2017-12-31 $565
2017-09-30 $555
2017-06-30 $550
2017-03-31 $522
2016-12-31 $486
2016-09-30 $488
2016-06-30 $489
2016-03-31 $501
2015-12-31 $498
2015-09-30 $512
2015-06-30 $523
2015-03-31 $520
2014-12-31 $541
2014-09-30 $563
2014-06-30 $556
2014-03-31 $519
2013-12-31 $271
2013-09-30 $529
2013-06-30 $552
2013-03-31 $815
2012-12-31 $802
2012-09-30 $844
2012-06-30 $966
2012-03-31 $1,009
2011-12-31 $922
2011-09-30 $979
2011-06-30 $979
2011-03-31 $921
2010-12-31 $805
2010-09-30 $795
2010-06-30 $743
2010-03-31 $691
2009-12-31 $601
2009-09-30 $634
2009-06-30 $611
2009-03-31 $712
Sector Industry Market Cap Revenue
Industrial Products Metal Processing & Fabrication $5.884B $4.769B
The Timken Company is a global manufacturer of bearings, friction management products, and mechanical power transmission components. The company serves a wide variety of end markets, including aerospace, automotive, construction, consumer, defense, energy, industrial equipment, health, heavy industry, machine tool, positioning control, power generation and rail markets. The company's portfolio features many strong brands, such as Timken, Philadelphia Gear, Drives, Cone Drive, Rollon, Lovejoy, Diamond, BEKA, and Groeneveld. Timken's global footprint consists of manufacturing facilities, technology and engineering centers, and distribution centers and warehouses. Timken reports its operations through two segments: Mobile Industries and Process Industries.
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