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v3.26.1

Equity | 6 Months Ended
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Jun. 30, 2026
Equity [Abstract] |
Equity | Note 14 - Equity The following tables present the changes in the components of equity for the three and six months ended June 30, 2026 and 2025, respectively:
|  | The Timken Company Shareholders |
| Total | Stated Capital | Other Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) | Treasury Stock | Non controlling Interest
Balance at March 31, 2026 | $ | 3,367.9 |  | $ | 40.7 |  | $ | 1,310.0 |  | $ | 2,751.8 |  | $ | (119.6) |  | $ | (775.2) |  | $ | 160.2 |
Net income | 37.2 |  |  |  | 28.9 |  |  |  | 8.3 |
Foreign currency translation adjustment | (4.2) |  |  |  |  | (4.3) |  |  | 0.1 |
Pension and other postretirement liability adjustments (net of income tax benefit of $0.5 million) | (1.5) |  |  |  |  | (1.5) |  |  |
Change in fair value of derivative financial instruments, net of reclassifications | 0.6 |  |  |  |  | 0.6 |  |  |
Dividends - $0.36 per share | (25.0) |  |  |  | (25.0) |  |  |  |
Stock-based compensation expense | 6.9 |  |  | 6.9 |  |  |  |  |
Stock purchased at fair market value | (20.0) |  |  |  |  |  | (20.0) |  |
Stock option exercise activity | 2.4 |  |  | 2.4 |  |  |  |  |
Payments related to tax withholding for stock-based compensation | (1.2) |  |  |  |  |  | (1.2) |  |
Balance at June 30, 2026 | $ | 3,363.1 |  | $ | 40.7 |  | $ | 1,319.3 |  | $ | 2,755.7 |  | $ | (124.8) |  | $ | (796.4) |  | $ | 168.6 |
|  | The Timken Company Shareholders |
| Total | Stated Capital | Other Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) | Treasury Stock | Non controlling Interest
Balance at December 31, 2025 | $ | 3,345.7 |  | $ | 40.7 |  | $ | 1,299.5 |  | $ | 2,678.9 |  | $ | (96.5) |  | $ | (738.0) |  | $ | 161.1 |
Net income | 143.1 |  |  |  | 127.1 |  |  |  | 16.0 |
Foreign currency translation adjustment | (34.7) |  |  |  |  | (26.2) |  |  | (8.5) |
Pension and other postretirement liability adjustments (net of income tax benefit of $1.0 million) | (3.0) |  |  |  |  | (3.0) |  |  |
Change in fair value of derivative financial instruments, net of reclassifications | 0.9 |  |  |  |  | 0.9 |  |  |
Dividends - $0.71 per share | (50.3) |  |  |  | (50.3) |  |  |  |
Stock-based compensation expense | 14.5 |  |  | 14.5 |  |  |  |  |
Stock purchased at fair market value | (48.0) |  |  |  |  |  | (48.0) |  |
Stock option exercise activity | 5.3 |  |  | 5.3 |  |  |  |  |
Payments related to tax withholding for stock-based compensation | (10.4) |  |  |  |  |  | (10.4) |  |
Balance at June 30, 2026 | $ | 3,363.1 |  | $ | 40.7 |  | $ | 1,319.3 |  | $ | 2,755.7 |  | $ | (124.8) |  | $ | (796.4) |  | $ | 168.6 |
Note 14 - Equity (continued)
|  | The Timken Company Shareholders |
| Total | Stated Capital | Other Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) | Treasury Stock | Non- controlling Interest
Balance at March 31, 2025 | $ | 3,089.0 |  | $ | 40.7 |  | $ | 1,277.1 |  | $ | 2,542.0 |  | $ | (238.9) |  | $ | (703.2) |  | $ | 171.3 |
Net income | 85.7 |  |  |  | 78.5 |  |  |  | 7.2 |
Foreign currency translation adjustment | 143.6 |  |  |  |  | 144.0 |  |  | (0.4) |
Pension and other postretirement liability adjustments (net of income tax benefit of $0.5 million) | (1.7) |  |  |  |  | (1.7) |  |  |
Change in fair value of derivative financial instruments, net of reclassifications | (3.6) |  |  |  |  | (3.6) |  |  |
Dividends - $0.35 per share | (24.4) |  |  |  | (24.4) |  |  |  |
Stock-based compensation expense | 6.9 |  |  | 6.9 |  |  |  |  |
Stock purchased at fair market value | (22.6) |  |  |  |  |  | (22.6) |  |
Stock option exercise activity | 0.2 |  |  | 0.2 |  |  |  |  |
Payments related to tax withholding for stock-based compensation | (0.3) |  |  |  |  |  | (0.3) |  |
Balance at June 30, 2025 | $ | 3,272.8 |  | $ | 40.7 |  | $ | 1,284.2 |  | $ | 2,596.1 |  | $ | (100.2) |  | $ | (726.1) |  | $ | 178.1 |
|  | The Timken Company Shareholders |
| Total | Stated Capital | Other Paid-In Capital | Retained Earnings | Accumulated Other Comprehensive (Loss) | Treasury Stock | Non controlling Interest
Balance at December 31, 2024 | $ | 2,984.1 |  | $ | 40.7 |  | $ | 1,269.3 |  | $ | 2,488.8 |  | $ | (301.7) |  | $ | (670.6) |  | $ | 157.6 |
Net income | 177.1 |  |  |  | 156.8 |  |  |  | 20.3 |
Foreign currency translation adjustment | 210.7 |  |  |  |  | 210.5 |  |  | 0.2 |
Pension and other postretirement liability adjustments (net of income tax benefit of $1.0 million) | (3.3) |  |  |  |  | (3.3) |  |  |
Change in fair value of derivative financial instruments, net of reclassifications | (5.7) |  |  |  |  | (5.7) |  |  |
Dividends - $0.69 per share | (49.5) |  |  |  | (49.5) |  |  |  |
Stock-based compensation expense | 14.4 |  |  | 14.4 |  |  |  |  |
Stock purchased at fair market value | (45.7) |  |  |  |  |  | (45.7) |  |
Stock option exercise activity | 0.5 |  |  | 0.5 |  |  |  |  |
Payments related to tax withholding for stock-based compensation | (9.8) |  |  |  |  |  | (9.8) |  |
Balance at June 30, 2025 | $ | 3,272.8 |  | $ | 40.7 |  | $ | 1,284.2 |  | $ | 2,596.1 |  | $ | (100.2) |  | $ | (726.1) |  | $ | 178.1 |

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