Earnings Per Share

6 Months Ended

Jun. 30, 2026

Note 7 - Earnings Per Share

The following table sets forth the reconciliation of the numerator and the denominator of basic earnings per share and diluted earnings per share for the three and six months ended June 30, 2026 and 2025:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Numerator:
Net income attributable to The Timken Company	$	28.9	$	78.5	$	127.1	$	156.8


Denominator:
Weighted average number of shares outstanding - basic	69,468,880		69,751,965		69,531,059		69,877,737
Effect of dilutive securities:
Stock options and awards - based on the treasury stock method	621,551		323,119		621,708		406,110
Weighted average number of shares outstanding assuming dilution of stock options and awards	70,090,431		70,075,084		70,152,767		70,283,847
Basic earnings per share	$	0.42	$	1.13	$	1.83	$	2.24
Diluted earnings per share	$	0.41	$	1.12	$	1.81	$	2.23

The dilutive effect of performance-based restricted stock units is taken into account once they have met minimum performance thresholds. The dilutive effect of stock options includes all outstanding stock options except stock options that are considered antidilutive. Stock options are antidilutive when the exercise price exceeds the average market price of the Company’s common shares during the periods presented. There were no antidilutive stock options outstanding during the three and six months ended June 30, 2026 and 2025. There were no antidilutive stock awards, including performance-based restricted stock units and restricted stock units, outstanding during the three months ended June 30, 2026, and there were 1,191 antidilutive stock awards outstanding during the six months ended June 30, 2026. In addition, there were 91,425 and 70,595 antidilutive stock awards, including performance-based restricted stock units and restricted stock units, outstanding during the three and six months ended June 30, 2025, respectively.