Timken q1 2025 summary

- net sales: $1.14 billion (down 4.2% year-over-year)
- diluted earnings per share (eps): $1.11 (down from $1.46 in q1 2024)
- adjusted eps: $1.40 (down from $1.77 in q1 2024)
- net income: $78.3 million (down from $103.5 million in q1 2024)
- adjusted ebitda: $208.1 million (down from $246.4 million)
- adjusted ebitda margin: 18.2% (vs. 20.7% in q1 2024)
- net income margin: 6.9% (vs. 8.7% in q1 2024)
- free cash flow: $23.4 million (up from $5.2 million in q1 2024)

segment results
- engineered bearings
- sales: $760.7 million (down 5.2%)
- adjusted ebitda: $159.2 million (margin: 20.9%)
- industrial motion
- sales: $379.6 million (down 2.1%)
- adjusted ebitda: $67.1 million (margin: 17.7%)

balance sheet snapshot (as of march 31, 2025)
- total assets: $6.57 billion
- total liabilities: $3.48 billion
- total equity: $3.09 billion
- cash and cash equivalents: $376.1 million
- long-term debt: $2.11 billion
- net debt to adjusted ebitda ratio: 2.2

2025 outlook (updated)
- gaap eps forecast: $3.90 to $4.40
- adjusted eps forecast: $5.10 to $5.60
- expected sales change: -2.5% to 0%
- estimated tariff impact: $25 million
- targeted gross cost savings: $75 million

management commentary
ceo richard g. kyle highlighted resilience amid international trade challenges and soft demand, emphasizing cost actions and mitigation plans for tariffs. the company remains focused on performance and confident in navigating market uncertainties.