TIMKEN CO Annual Income Tax Expense (Benefit) in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Timken Co quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2010 to 2023.
  • Timken Co Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $24.6M, a 26.1% decline year-over-year.
  • Timken Co Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $103M, a 30.5% decline year-over-year.
  • Timken Co annual Income Tax Expense (Benefit) for 2023 was $123M, a 8.51% decline from 2022.
  • Timken Co annual Income Tax Expense (Benefit) for 2022 was $134M, a 40.8% increase from 2021.
  • Timken Co annual Income Tax Expense (Benefit) for 2021 was $95.1M, a 8.47% decline from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $123M -$11.4M -8.51% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $134M +$38.8M +40.8% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $95.1M -$8.8M -8.47% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $104M +$6.2M +6.35% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-16
2019 $97.7M -$4.9M -4.78% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-15
2018 $103M +$45M +78.1% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-16
2017 $57.6M -$2.9M -4.79% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-14
2016 $60.5M +$34.2M +130% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-15
2015 $26.3M -$28.4M -51.9% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $54.7M -$59.9M -52.3% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $115M -$71.7M -38.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $186M -$53.9M -22.4% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $240M +$104M +76.6% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $136M 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.