TIMKEN CO Annual Interest Expense in USD from 2010 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Timken Co quarterly/annual Interest Expense history and growth rate from 2010 to 2023.
  • Timken Co Interest Expense for the quarter ending June 30, 2024 was $34.6M, a 22.3% increase year-over-year.
  • Timken Co Interest Expense for the twelve months ending June 30, 2024 was $125M, a 32.5% increase year-over-year.
  • Timken Co annual Interest Expense for 2023 was $111M, a 48.4% increase from 2022.
  • Timken Co annual Interest Expense for 2022 was $74.6M, a 26.9% increase from 2021.
  • Timken Co annual Interest Expense for 2021 was $58.8M, a 13% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $111M +$36.1M +48.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $74.6M +$15.8M +26.9% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $58.8M -$8.8M -13% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $67.6M -$4.5M -6.24% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-16
2019 $72.1M +$20.4M +39.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-15
2018 $51.7M +$14.6M +39.4% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-16
2017 $37.1M +$3.6M +10.7% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-14
2016 $33.5M +$100K +0.3% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-15
2015 $33.4M +$4.7M +16.4% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-15
2014 $28.7M +$4.3M +17.6% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-21
2013 $24.4M -$6.7M -21.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-24
2012 $31.1M -$5.7M -15.5% Jan 1, 2012 Dec 31, 2012 10-K 2015-03-02
2011 $36.8M -$1.4M -3.67% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-28
2010 $38.2M 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.