Timken Gross Margin 2010-2024 | TKR

Timken gross margin for the quarter ending June 30, 2024 was 31.68%.

  • Timken average gross margin for 2023 was 31.03%, a 7.15% increase from 2022.
  • Timken average gross margin for 2022 was 28.96%, a 3.17% increase from 2021.
  • Timken average gross margin for 2021 was 28.07%, a 4.43% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Timken Gross Margin 2010-2024 | TKR

  • Timken average gross margin for 2023 was 31.03%, a 7.15% increase from 2022.
  • Timken average gross margin for 2022 was 28.96%, a 3.17% increase from 2021.
  • Timken average gross margin for 2021 was 28.07%, a 4.43% increase from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.
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