TacticScaleWhat Timken Does & How It Makes Money (TKR)
Updated October 2026 · reflects Timken's latest reported financials
Maker of engineered bearings and industrial power transmission products. Timken earns revenue by designing, manufacturing and selling engineered bearings and industrial motion components to customers across many industries in the US and abroad, plus fees from drivetrain and bearing repair services.
How Timken makes money
Timken earns revenue by designing, manufacturing and selling engineered bearings and industrial motion components to customers across many industries in the US and abroad, plus fees from drivetrain and bearing repair services.
What Timken does
The Timken Company, founded in 1899 and headquartered in North Canton, Ohio, is an industrial manufacturer organized into two segments. Engineered Bearings is the core business. It covers a broad range of tapered, spherical, cylindrical, ball, plain, metal-polymer, journal and mounted bearings sold under the Timken, GGB and Fafnir brands to markets including wind energy, agriculture, construction, metals and mining, automotive and truck, aerospace and rail. The Industrial Motion segment brings together a portfolio of acquired specialty brands, including Philadelphia Gear, Cone Drive, Rollon, Groeneveld, BEKA, Diamond, Lovejoy and Lagersmit. It sells drives, lubrication systems, linear motion products, chains, belts, couplings, filtration, seals, clutches and brakes, and it also repairs drivetrains and bearings. This segment serves markets such as solar, automation, packaging and logistics, marine and medical. Because Timken sells into so many end markets, it is broadly exposed to industrial and capital-equipment activity worldwide.
Products & services
- Tapered, spherical and cylindrical roller bearings (Timken)
- GGB plain and metal-polymer bearings
- Fafnir ball bearings
- Philadelphia Gear and Cone Drive industrial drives
- Rollon linear motion systems
- Groeneveld and BEKA automatic lubrication systems
What is Timken worth?
On an owner-earnings DCF, Timken's most-likely value is about $105 versus a recent price near $116 (9% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$60) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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