TimkenSteel (TMST) Financial Statements
Price: $20.4
Market Cap: $895.35M
Avg Volume: 254.47K
Market Cap: $895.35M
Avg Volume: 254.47K
Country: US
Industry: Steel
Sector: Basic Materials
Industry: Steel
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of TimkenSteel.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.08B | $1.34B | $1.33B | $1.28B | $830.70M | $1.21B | $1.61B | $1.33B | $869.50M | $1.11B |
| Cost of Revenue | $986.30M | $1.18B | $1.20B | $1.06B | $815.10M | $1.19B | $1.51B | $1.26B | $896.60M | $1.10B |
| Gross Profit | $97.70M | $164.70M | $126.70M | $220.00M | $15.60M | $22.60M | $104.90M | $67.90M | $-27.10M | $6.80M |
| Gross Profit Ratio | 9.00% | 12.30% | 9.53% | 17.10% | 1.88% | 1.87% | 6.51% | 5.11% | -3.12% | 0.61% |
| Research and Development Expenses | $- | $- | $800.00K | $1.70M | $1.80M | $4.10M | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $87.70M | $84.60M | $73.80M | $77.20M | $76.70M | $91.80M | $98.20M | $90.50M | $101.50M | $111.00M |
| Other Expenses | $- | $-36.40M | $90.60M | $59.50M | $14.40M | $-23.30M | $-18.60M | $-4.70M | $-1.70M | $-2.90M |
| Operating Expenses | $87.70M | $61.40M | $73.80M | $77.20M | $76.70M | $91.80M | $98.20M | $90.50M | $101.50M | $111.00M |
| Cost and Expenses | $1.07B | $1.24B | $1.28B | $1.14B | $891.80M | $1.28B | $1.60B | $1.35B | $998.10M | $1.21B |
| Interest Income | $- | $9.80M | $3.30M | $300.00K | $400.00K | $15.70M | $- | $- | $- | $- |
| Interest Expense | $-9.60M | $2.70M | $600.00K | $5.90M | $12.20M | $15.70M | $17.10M | $14.80M | $11.40M | $3.40M |
| Depreciation and Amortization | $- | $56.90M | $58.30M | $63.10M | $70.00M | $73.50M | $73.00M | $74.90M | $74.90M | $73.40M |
| EBITDA | $10.00M | $133.60M | $170.40M | $265.40M | $8.90M | $-69.20M | $61.10M | $47.60M | $-55.40M | $-33.70M |
| EBITDA Ratio | 0.92% | 9.97% | 15.17% | 20.69% | 2.80% | -1.57% | 3.79% | 3.58% | -6.37% | -3.05% |
| Operating Income | $10.00M | $101.90M | $143.50M | $202.30M | $-46.70M | $-92.50M | $5.80M | $-22.70M | $-128.90M | $-108.70M |
| Operating Income Ratio | 0.92% | 7.60% | 10.79% | 15.77% | -5.62% | -7.65% | 0.36% | -1.71% | -14.82% | -9.83% |
| Total Other Income Expenses Net | $-5.40M | $-5.50M | $-11.50M | $33.90M | $-14.00M | $-56.90M | $-35.70M | $-7.10M | $-13.40M | $-6.30M |
| Income Before Tax | $4.60M | $96.40M | $97.10M | $176.70M | $-60.70M | $-126.10M | $-29.90M | $-42.80M | $-142.00M | $-117.00M |
| Income Before Tax Ratio | 0.42% | 7.19% | 7.30% | 13.77% | -7.31% | -10.43% | -1.86% | -3.22% | -16.33% | -10.58% |
| Income Tax Expense | $3.30M | $27.00M | $32.00M | $5.70M | $1.20M | $-16.10M | $1.80M | $1.50M | $-36.50M | $-43.30M |
| Net Income | $1.30M | $69.40M | $65.10M | $171.00M | $-61.90M | $-110.00M | $-31.70M | $-44.30M | $-105.50M | $-73.70M |
| Net Income Ratio | 0.12% | 5.18% | 4.90% | 13.33% | -7.45% | -9.10% | -1.97% | -3.33% | -12.13% | -6.66% |
| EPS | $0.03 | $1.58 | $1.42 | $3.73 | $-1.38 | $-2.46 | $-0.71 | $-1.00 | $-2.39 | $-1.65 |
| EPS Diluted | $0.03 | $1.45 | $1.30 | $3.18 | $-1.38 | $-2.46 | $-0.71 | $-1.00 | $-2.39 | $-1.65 |
| Weighted Average Shares Outstanding | 43.20M | 43.80M | 50.04M | 53.71M | 44.86M | 44.72M | 44.60M | 44.40M | 44.20M | 44.50M |
| Weighted Average Shares Outstanding Diluted | 47.10M | 47.80M | 51.50M | 55.00M | 45.00M | 44.80M | 44.60M | 44.40M | 44.22M | 44.53M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $240.70M | $280.60M | $257.20M | $259.60M | $102.80M | $27.10M | $21.60M | $24.50M | $25.60M | $42.40M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $240.70M | $280.60M | $257.20M | $259.60M | $102.80M | $27.10M | $21.60M | $24.50M | $25.60M | $42.40M |
| Net Receivables | $90.80M | $113.20M | $79.40M | $100.50M | $63.30M | $77.50M | $163.40M | $149.80M | $91.60M | $80.90M |
| Inventory | $219.80M | $228.00M | $192.40M | $210.90M | $178.40M | $281.90M | $296.80M | $224.30M | $164.20M | $171.90M |
| Other Current Assets | $36.00M | $35.00M | $27.60M | $11.30M | $13.10M | $15.20M | $13.10M | $11.80M | $9.00M | $22.60M |
| Total Current Assets | $587.30M | $656.80M | $556.60M | $582.30M | $357.60M | $401.70M | $491.40M | $410.20M | $292.00M | $315.80M |
| Property Plant Equipment Net | $519.00M | $503.90M | $498.60M | $524.70M | $590.80M | $640.70M | $674.40M | $706.90M | $741.90M | $769.30M |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $3.40M | $2.40M | $5.00M | $6.70M | $9.30M | $14.30M | $17.80M | $19.90M | $25.00M | $30.60M |
| Goodwill and Intangible Assets | $3.40M | $2.40M | $5.00M | $6.70M | $9.30M | $14.30M | $17.80M | $19.90M | $25.00M | $30.60M |
| Long Term Investments | $- | $- | $- | $-2.20M | $-1.00M | $-900.00K | $9.70M | $13.30M | $- | $-6.90M |
| Tax Assets | $- | $- | $25.90M | $2.20M | $1.00M | $900.00K | $800.00K | $300.00K | $- | $26.90M |
| Other Non-Current Assets | $7.00M | $11.90M | $-4.10M | $45.20M | $36.30M | $28.50M | $3.50M | $5.20M | $11.00M | $4.10M |
| Total Non-Current Assets | $529.40M | $518.20M | $525.40M | $576.60M | $636.40M | $683.50M | $706.20M | $745.60M | $777.90M | $824.00M |
| Other Assets | $- | $300.00K | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.12B | $1.18B | $1.08B | $1.16B | $994.00M | $1.09B | $1.20B | $1.16B | $1.07B | $1.14B |
| Account Payables | $119.20M | $133.30M | $113.20M | $141.90M | $89.50M | $69.30M | $160.60M | $135.30M | $87.00M | $49.50M |
| Short Term Debt | $10.20M | $18.20M | $26.40M | $50.60M | $46.40M | $6.20M | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $400.00K |
| Deferred Revenue | $- | $70.30M | $25.90M | $42.20M | $31.70M | $16.90M | $- | $- | $- | $- |
| Other Current Liabilities | $152.10M | $26.60M | $47.10M | $58.30M | $45.10M | $36.80M | $60.20M | $71.60M | $43.70M | $54.30M |
| Total Current Liabilities | $281.50M | $248.40M | $186.70M | $250.80M | $181.00M | $112.30M | $220.80M | $206.90M | $130.70M | $103.50M |
| Long Term Debt | $6.90M | $6.40M | $6.50M | $8.80M | $52.80M | $176.80M | $189.10M | $165.30M | $136.60M | $200.20M |
| Deferred Revenue Non-Current | $- | $160.50M | $- | $223.00M | $240.70M | $222.10M | $240.00M | $210.40M | $- | $114.10M |
| Deferred Tax Liabilities Non-Current | $14.30M | $15.00M | $25.90M | $2.20M | $1.00M | $900.00K | $800.00K | $300.00K | $- | $26.90M |
| Other Non-Current Liabilities | $123.50M | $13.40M | $202.30M | $232.50M | $251.70M | $232.10M | $251.70M | $-300.00K | $205.20M | $12.60M |
| Total Non-Current Liabilities | $144.70M | $195.30M | $208.80M | $243.50M | $305.50M | $409.80M | $441.60M | $388.70M | $341.80M | $351.20M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $426.20M | $443.70M | $395.50M | $494.30M | $486.50M | $522.10M | $662.40M | $595.60M | $472.50M | $454.70M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Retained Earnings | $-52.40M | $-53.70M | $-123.10M | $-188.20M | $-363.40M | $-301.50M | $-269.20M | $-238.50M | $-193.90M | $-63.00M |
| Accumulated Other Comprehensive Income Loss | $7.70M | $12.40M | $14.70M | $20.70M | $40.40M | $44.70M | $-8.90M | $-7.60M | $-9.40M | $-263.80M |
| Other Total Stockholders Equity | $735.20M | $772.90M | $794.90M | $832.10M | $830.50M | $819.90M | $813.30M | $806.30M | $800.70M | $1.01B |
| Total Stockholders Equity | $690.50M | $731.60M | $686.50M | $664.60M | $507.50M | $563.10M | $535.20M | $560.20M | $597.40M | $685.10M |
| Total Equity | $690.50M | $731.60M | $686.50M | $664.60M | $507.50M | $563.10M | $535.20M | $- | $- | $- |
| Total Liabilities and Stockholders Equity | $1.12B | $1.18B | $1.08B | $1.16B | $994.00M | $1.09B | $1.20B | $1.16B | $1.07B | $1.14B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.12B | $1.18B | $1.08B | $1.16B | $994.00M | $1.09B | $1.20B | $1.16B | $1.07B | $1.14B |
| Total Investments | $- | $- | $- | $-2.20M | $-1.00M | $-900.00K | $9.70M | $13.30M | $- | $-6.90M |
| Total Debt | $17.10M | $24.60M | $32.90M | $59.40M | $99.20M | $183.00M | $189.10M | $165.30M | $136.60M | $200.20M |
| Net Debt | $-223.60M | $-256.00M | $-224.30M | $-200.20M | $-3.60M | $155.90M | $167.50M | $140.80M | $111.00M | $157.80M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.30M | $69.40M | $65.10M | $171.00M | $-61.90M | $-110.00M | $-31.70M | $-44.30M | $-105.50M | $-73.70M |
| Depreciation and Amortization | $54.10M | $56.90M | $58.30M | $63.10M | $70.00M | $73.50M | $73.00M | $74.90M | $74.90M | $73.40M |
| Deferred Income Tax | $500.00K | $-9.70M | $24.90M | $1.20M | $7.10M | $-16.70M | $800.00K | $300.00K | $-35.00M | $-35.10M |
| Stock Based Compensation | $14.00M | $11.50M | $8.80M | $7.30M | $6.60M | $7.40M | $7.30M | $6.50M | $6.80M | $7.00M |
| Change in Working Capital | $- | $-56.50M | $-22.40M | $-14.10M | $150.50M | $63.90M | $-61.60M | $-53.20M | $37.30M | $118.50M |
| Accounts Receivables | $21.70M | $-33.40M | $21.30M | $-37.20M | $14.20M | $85.90M | $-13.60M | $-58.00M | $-10.70M | $86.20M |
| Inventory | $7.30M | $-34.90M | $18.80M | $-41.60M | $103.50M | $92.60M | $-72.80M | $-60.10M | $9.70M | $121.90M |
| Accounts Payables | $-19.20M | $15.30M | $-33.20M | $53.50M | $23.10M | $-87.70M | $24.40M | $48.30M | $37.50M | $-70.70M |
| Other Working Capital | $- | $-3.50M | $-29.30M | $11.20M | $9.70M | $-26.90M | $400.00K | $16.60M | $800.00K | $-18.90M |
| Other Non Cash Items | $-29.60M | $53.70M | $-200.00K | $-31.60M | $1.20M | $52.20M | $30.70M | $26.70M | $95.90M | $17.00M |
| Net Cash Provided by Operating Activities | $40.30M | $125.30M | $134.50M | $196.90M | $173.50M | $70.30M | $18.50M | $10.90M | $74.40M | $107.10M |
| Investments in Property Plant and Equipment | $-64.30M | $-51.60M | $-27.10M | $-12.20M | $-16.90M | $-38.00M | $-40.00M | $-35.80M | $-42.70M | $-78.20M |
| Acquisitions Net | $- | $- | $5.40M | $6.20M | $10.90M | $- | $1.00M | $- | $- | $400.00K |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $53.50M | $1.70M | $5.40M | $1.20M | $10.90M | $- | $1.00M | $- | $- | $400.00K |
| Net Cash Used for Investing Activities | $-10.80M | $-49.90M | $-21.70M | $-4.80M | $-6.00M | $-38.00M | $-39.00M | $-35.80M | $-42.70M | $-77.80M |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $8.00M | $4.10M | $- | $200.00K | $200.00K | $200.00K | $- | $47.80M |
| Common Stock Repurchased | $- | $-36.00M | $-54.00M | $-500.00K | $-600.00K | $-1.00M | $-700.00K | $-1.40M | $- | $-17.30M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-18.70M |
| Other Financing Activities | $-68.90M | $-51.90M | $-114.60M | $-35.30M | $-91.80M | $-26.80M | $17.60M | $23.80M | $-48.50M | $-2.70M |
| Net Cash Used Provided by Financing Activities | $-68.90M | $-51.90M | $-114.60M | $-35.30M | $-91.80M | $-26.80M | $17.60M | $23.80M | $-48.50M | $16.00M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-37.40M |
| Net Change in Cash | $-39.40M | $23.50M | $-1.80M | $156.80M | $75.70M | $5.50M | $-2.90M | $-1.10M | $-16.80M | $45.30M |
| Cash at End of Period | $241.90M | $281.30M | $257.80M | $259.60M | $102.80M | $27.10M | $21.60M | $24.50M | $25.60M | $79.80M |
| Cash at Beginning of Period | $281.30M | $257.80M | $259.60M | $102.80M | $27.10M | $21.60M | $24.50M | $25.60M | $42.40M | $34.50M |
| Operating Cash Flow | $40.30M | $125.30M | $134.50M | $196.90M | $173.50M | $70.30M | $18.50M | $10.90M | $74.40M | $107.10M |
| Capital Expenditure | $-64.30M | $-51.60M | $-27.10M | $-12.20M | $-16.90M | $-38.00M | $-40.00M | $-35.80M | $-42.70M | $-78.20M |
| Free Cash Flow | $-24.00M | $73.70M | $107.40M | $184.70M | $156.60M | $32.30M | $-21.50M | $-24.90M | $31.70M | $28.90M |