v3.26.3
Equity
9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Equity
Note 14 - Equity
The following tables present the changes in the components of equity for the three and nine months ended September 30, 2026 and 2025, respectively:
The Timken Company Shareholders
TotalStated
Capital
Other
Paid-In
Capital
Retained EarningsAccumulated
Other
Comprehensive
(Loss)
Treasury
Stock
Non
controlling
Interest
Balance at June 30, 2026$3,363.1 $40.7 $1,319.3 $2,755.7 $(124.8)$(796.4)$168.6 
Net income99.7 93.8 5.9 
Foreign currency translation adjustment(10.9)(8.9)(2.0)
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
0.7 0.7 
Dividends declared to noncontrolling interest(0.9)(0.9)
Dividends - $0.36 per share
(24.9)(24.9)
Stock-based compensation expense6.1 6.1 
Stock purchased at fair market value(63.8)(63.8)
Stock option exercise activity0.7 0.7 
Payments related to tax withholding for
   stock-based compensation
(1.9)(1.9)
Balance at September 30, 2026$3,366.4 $40.7 $1,326.1 $2,824.6 $(134.5)$(862.1)$171.6 
The Timken Company Shareholders
TotalStated
Capital
Other
Paid-In
Capital
Retained EarningsAccumulated
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 income242.8 220.9 21.9 
Foreign currency translation adjustment(45.6)(35.1)(10.5)
Pension and other postretirement liability
   adjustments (net of income tax benefit
   of $1.5 million)
(4.5)(4.5)
Change in fair value of derivative financial
   instruments, net of reclassifications
1.6 1.6 
Dividends - $1.07 per share
(75.2)(75.2)
Dividends declared to noncontrolling interest(0.9)(0.9)
Stock-based compensation expense20.6 20.6 
Stock purchased at fair market value(111.8)(111.8)
Stock option exercise activity6.0 6.0 
Payments related to tax withholding for
   stock-based compensation
(12.3)(12.3)
Balance at September 30, 2026$3,366.4 $40.7 $1,326.1 $2,824.6 $(134.5)$(862.1)$171.6 
Note 14 - Equity (continued)
The Timken Company Shareholders
TotalStated
Capital
Other
Paid-In
Capital
Retained EarningsAccumulated
Other
Comprehensive
(Loss)
Treasury
Stock
Non-
controlling
Interest
Balance at June 30, 2025$3,272.8 $40.7 $1,284.2 $2,596.1 $(100.2)$(726.1)$178.1 
Net income74.3 69.3 5.0 
Foreign currency translation adjustment(16.8)(10.8)(6.0)
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 declared to noncontrolling interest(15.0)(15.0)
Dividends - $0.35 per share
(24.4)(24.4)
Stock-based compensation expense6.3 6.3 
Stock option exercise activity0.6 0.6 
Payments related to tax withholding for
   stock-based compensation
(0.1)(0.1)
Balance at September 30, 2025$3,296.8 $40.7 $1,291.1 $2,641.0 $(111.9)$(726.2)$162.1 
The Timken Company Shareholders
TotalStated
Capital
Other
Paid-In
Capital
Retained EarningsAccumulated
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 income251.4 226.1 25.3 
Foreign currency translation adjustment193.9 199.7 (5.8)
Pension and other postretirement liability
   adjustments (net of income tax benefit
   of $1.5 million)
(4.8)(4.8)
Change in fair value of derivative financial
   instruments, net of reclassifications
(5.1)(5.1)
Dividends declared to noncontrolling interest(15.0)(15.0)
Dividends - $1.04 per share
(73.9)(73.9)
Stock-based compensation expense20.7 20.7 
Stock purchased at fair market value(45.7)(45.7)
Stock option exercise activity1.1 1.1 
Payments related to tax withholding for
   stock-based compensation
(9.9)(9.9)
Balance at September 30, 2025$3,296.8 $40.7 $1,291.1 $2,641.0 $(111.9)$(726.2)$162.1