UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Ohio 34-0577130 (State or other jurisdiction of incorporation or organization) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as spec ...

Financial Performance - Net sales for Q2 2020 were $803.5 million, a decrease of $196.5 million or 19.7% compared to Q2 2019[86] - Net income for Q2 2020 was $61.9 million, down $30.6 million or 33.1% from Q2 2019[86] - The decrease in net sales for the first half of 2020 was primarily due to lower organic revenue of $289 million, largely attributed to the COVID-19 pandemic[93] - Gross profit for Q2 2020 was $230.3 million, a decline of $75.4 million or 24.7% compared to Q2 2019, with gross profit margin decreasing by 190 basis points to 28.7%[94] - Selling, general and administrative (SG&A) expenses for Q2 2020 were $111.8 million, down $46.9 million or 29.6% from Q2 2019[96] - Net sales for the first half of 2020 decreased by $78.4 million or 8.0% compared to the first half of 2019, driven by lower demand across most sectors[114] - EBITDA for the first half of 2020 decreased by $19.5 million or 7.7% compared to the first half of 2019, impacted by lower demand and unfavorable currency exchange rates[114] Cost Management - The company expects to achieve approximately $50-60 million in total year-on-year savings from structural cost reduction initiatives in the second half of 2020[90] - The company expects to generate approximately $50 million to $60 million in year-over-year cost savings during the second half of 2020 from cost reduction initiatives[99] - Corporate EBITDA improved by $8.8 million or 57.5% in Q2 2020 compared to Q2 2019, mainly due to cost reduction measures[115] - The company anticipates incurring additional charges related to cost reduction initiatives throughout the remainder of 2020[98] Segment Performance - Mobile Industries segment net sales were $342.6 million in Q2 2020, a decrease of 30.6% from $493.7 million in Q2 2019[111] - EBITDA for the Mobile Industries segment decreased by $39.2 million or 50.3% in Q2 2020 compared to Q2 2019, primarily due to lower volume and manufacturing utilization[111] - For the six months ended June 30, 2020, Mobile Industries segment net sales decreased by 15.2% to $809.3 million from $993.7 million in the same period of 2019[111] - Process Industries segment net sales decreased by $42.5 million or 8.4% in Q2 2020 compared to Q2 2019, primarily due to lower demand across most industrial sectors[113] - EBITDA for the Process Industries segment increased by $0.6 million or 0.5% in Q2 2020 compared to Q2 2019, driven by cost-reduction initiatives[113] Financial Position - Total current assets increased by $132.3 million or 7.1% from December 31, 2019, primarily due to a significant increase in cash and cash equivalents[118] - Cash and cash equivalents rose by $206.1 million or 98.4% to $415.6 million as of June 30, 2020[118] - Short-term debt increased by $25.6 million or 148.0% to $42.9 million, reflecting increased borrowings to enhance financial flexibility during the COVID-19 pandemic[122] - Long-term debt rose by $82.0 million or 5.0% to $1,730.1 million, primarily due to increased borrowings under the Senior Credit Facility[125] - Total non-current liabilities increased by $100.1 million or 4.6% to $2,268.6 million, influenced by the rise in long-term debt[125] - Total shareholders' equity increased to $1,967.6 million as of June 30, 2020, up by $12.8 million or 0.7% from December 31, 2019[127] - Net cash provided by operating activities for the first six months of 2020 was $303.6 million, an increase of $93.7 million compared to $209.9 million in the same period of 2019[129] - The company reduced cash used for working capital items by $99.9 million, contributing to the increase in net cash provided by operating activities[130] - Net cash used in investing activities decreased by $55.1 million to $64.7 million in the first half of 2020, primarily due to a $76.3 million decrease in cash used for acquisitions[132] - Net debt as of June 30, 2020, was $1,375.8 million, down from $1,520.6 million at the end of 2019, reflecting improved financial position[135] - The ratio of net debt to capital improved to 41.1% as of June 30, 2020, compared to 43.8% at the end of 2019[135] Risk Management - The company highlights potential risks including global economic slowdown, supply chain disruptions, and impacts from COVID-19 on customer demand and operations[154] - The company emphasizes the importance of maintaining favorable credit ratings and the ability to refinance borrowings on favorable terms to support financial stability[154] - The company acknowledges the impact of fluctuations in customer demand on sales, product mix, and pricing strategies in its operating industries[154] - The company is committed to managing risks related to litigation, intellectual property, and compliance with various laws and regulations[154] - The company is cautious about the unpredictability of risks and uncertainties that may affect future results[156] - The company will not publicly update or revise forward-looking statements unless required by federal securities laws[156] Operational Updates - Timken's operations in China are now running at near-normal levels, with government restrictions mostly lifted by the end of Q2 2020[89] - The company is not providing detailed sales and earnings guidance due to ongoing uncertainty surrounding the COVID-19 pandemic[91] - The company anticipates that the second quarter of 2020 will be the low point for sales revenue, expecting gradual market improvement throughout the year[153] - The company has not identified any material changes in reported market risk since its last annual report[157] - Non-service pension and other postretirement expense increased by $8.8 million in Q2 2020 due to actuarial losses from remeasurement of pension plan assets[102] - Total other income (expense), net decreased by $8.9 million in Q2 2020 compared to Q2 2019, primarily due to higher foreign currency exchange losses and lower royalty income[102] - Income tax expense decreased by $5.6 million for Q2 2020 compared to Q2 2019, with an effective tax rate of 31.2%, up from 26.1%[105] - The effective tax rate remained stable at 28.3% for the six months ended June 30, 2020, compared to the same period in 2019[106] - Foreign currency translation adjustments negatively impacted shareholders' equity by $48.0 million for the six months ended June 30, 2020, compared to $0.7 million in the same period of 2019[150]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) Ohio 34-0577130 (State or other jurisdiction of incorporation ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from______to_______ Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) Ohio 34-0577130 (State or other jurisdiction of incorporation or organization) 4500 Mount Pleasant Street NW North Canton Ohio 44720-545 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) Ohio 34-0577130 (State or other jurisdiction of incorpora ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) Ohio 34-0577130 (State or other jurisdiction of incorporation ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 https://files.reportify.cc/media/production/TKR6 FORM 10-Q ý QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-1169 THE TIMKEN COMPANY (Exact name of registrant as specified in its charter) (State or ot ...

Financial Performance - Timken reported net sales of $3.58 billion in 2018, an increase of 19.2% compared to $3.00 billion in 2017, driven by organic revenue growth and acquisitions[111]. - The company's net income for 2018 was $305.5 million, a 51.0% increase from $202.3 million in 2017, attributed to improved performance and higher volume[111]. - Gross profit increased to $1.04 billion in 2018, up 28.1% from $812.1 million in 2017, with a gross profit margin of 29.0%[116]. - Net sales for 2018 were $1,903.7 million, an increase of 16.1% from $1,640.0 million in 2017[128]. - EBIT for 2018 was $198.7 million, reflecting a 42.9% increase from $139.0 million in 2017[128]. - Operating income for 2018 was $454.5 million, up from $299.5 million in 2017, reflecting a year-over-year increase of 51.8%[246]. - The Company reported a net income attributable to it of $302.8 million in 2018, contributing to an increase in earnings invested in the business by 15.7% to $1,630.2 million[175]. - Net income for the year ended December 31, 2018, was $305.5 million, an increase from $202.3 million in 2017, representing a 50.9% growth[251]. - The company’s net income attributable to The Timken Company for 2018 was $302.8 million, an increase of 48.8% from $203.4 million in 2017[250]. Sales and Revenue Growth - The company expects 2019 full-year sales to increase by 8% to 10% compared to 2018, primarily due to increased demand and the benefits of acquisitions[112]. - The Mobile Industries segment's net sales, excluding acquisitions and currency effects, increased by 10.2% to $1,807.4 million in 2018[130]. - Full-year sales for the Mobile Industries segment are expected to rise approximately 4% to 6% in 2019 compared to 2018[131]. - The Process Industries segment's net sales increased by 23.0% to $1,677.1 million in 2018, with EBIT rising 50.2% to $333.8 million[132]. - Full-year sales for the Process Industries segment are projected to grow approximately 13% to 15% in 2019 compared to 2018[133]. Acquisitions - Timken completed three significant acquisitions in 2018: ABC Bearings for approximately $30 million, Cone Drive for about $100 million, and Rollon for approximately $140 million[110]. - The Company acquired multiple businesses, including ABC Bearings and Cone Drive, contributing to growth in the Mobile Industries segment[131]. - The company made acquisitions totaling $765.4 million in 2018, compared to $346.8 million in 2017, indicating a substantial increase of 120.0%[250]. - The company completed three acquisitions in 2018, with total purchase prices amounting to $834.3 million, including $540.0 million for Rollon[298]. - The total assets acquired in 2018 were valued at $1,044.8 million, with goodwill accounting for $465.0 million[301]. Expenses and Costs - Selling, general and administrative expenses rose to $580.7 million in 2018, a 14.2% increase from $508.3 million in 2017[117]. - Interest expense increased by 39.4% to $51.7 million in 2018, primarily due to higher outstanding debt from acquisitions[118]. - Corporate expenses increased by 26.3% to $62.0 million in 2018, primarily due to acquisition-related costs[134]. - Stock-based compensation expense increased to $32.3 million in 2018 from $24.7 million in 2017, marking a 30.7% rise[251]. Capital Expenditures and Cash Flow - Timken's capital expenditures for 2019 are expected to be approximately $150 million, up from $113 million in 2018[113]. - The company anticipates generating operating cash of about $450 million in 2019, a 35% increase from 2018[113]. - Net cash provided by operating activities rose by $95.7 million to $332.5 million, primarily due to a $103.2 million increase in net income[177]. - Cash used in investing activities increased by $416.5 million to $865.2 million, mainly due to acquisitions[177]. - The Company expects to generate operating cash of approximately $450 million in 2019, an increase of 35% from 2018[193]. Tax and Regulatory - The effective tax rate for 2018 was 25.1%, an increase of 2.9% from 22.2% in 2017, influenced by earnings in higher-tax jurisdictions[120]. - The Company recorded $3.2 million of net tax benefits for uncertain tax positions in 2018, which included $6.6 million related to the net reversal of accruals for prior year uncertain tax positions[215]. Assets and Liabilities - Total current assets increased by $237.1 million, or 15.8%, reaching $1,737.2 million as of December 31, 2018[163]. - Long-term debt rose to $1,638.6 million, a 91.8% increase from $854.2 million in 2017, primarily due to new borrowings for acquisitions[170]. - Total assets increased to $4,445.2 million in 2018, up from $3,402.4 million in 2017, representing a growth of 30.7%[248]. - Total liabilities assumed from acquisitions in 2018 amounted to $210.5 million[301]. Shareholder Returns - The Company declared a quarterly cash dividend of $0.28 per common share on February 6, 2019, marking the 387th consecutive quarterly dividend[237]. - The company paid cash dividends of $85.7 million to shareholders in 2018, slightly up from $83.3 million in 2017, an increase of 2.9%[250]. - The company declared dividends of $1.11 per share in 2018, up from $1.07 per share in 2017, reflecting a 3.7% increase[252]. Pension and Benefits - The Company made cash contributions of approximately $11.3 million to its global defined benefit pension plans in 2018 and expects to contribute approximately $34 million in 2019[198]. - The expected net periodic benefit cost for defined benefit pension plans in 2019 is $9.2 million, compared to $35.0 million in 2018[223]. - The Company plans to contribute approximately $34 million to its defined benefit pension plans in 2019, an increase from $11.3 million in 2018[224]. - The Company recognized actuarial losses of $38.8 million in 2018 primarily due to lower than expected returns on plan assets of $83.4 million[222].