TIMKEN CO Annual Amortization of Intangible Assets in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Timken Co quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • Timken Co Amortization of Intangible Assets for the quarter ending June 30, 2024 was $19M, a 9.83% increase year-over-year.
  • Timken Co Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $73.9M, a 38.9% increase year-over-year.
  • Timken Co annual Amortization of Intangible Assets for 2023 was $65.7M, a 49.7% increase from 2022.
  • Timken Co annual Amortization of Intangible Assets for 2022 was $43.9M, a 6.2% decline from 2021.
  • Timken Co annual Amortization of Intangible Assets for 2021 was $46.8M, a 16.7% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $65.7M +$21.8M +49.7% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $43.9M -$2.9M -6.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $46.8M -$9.4M -16.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $56.2M -$1.1M -1.92% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-16
2019 $57.3M +$10.5M +22.4% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-15
2018 $46.8M +$6.8M +17% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-16
2017 $40M +$3.8M +10.5% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-14
2016 $36.2M $0 0% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-15
2015 $36.2M +$14.7M +68.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $21.5M +$3.8M +21.5% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $17.7M -$100K -0.56% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $17.8M +$3.8M +27.1% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $14M +$4.6M +48.9% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $9.4M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.