TMST · Timkensteel Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $1.16B | $1.08B | $1.36B | $1.33B | $1.28B | $830.70M |
| Cost of Revenue | $1.06B | $986.30M | $1.18B | $1.20B | $1.06B | $815.10M |
| Gross Profit | $95.10M | $97.70M | $186.50M | $126.70M | $220.00M | $15.60M |
| R&D | - | - | - | $800.0K | $1.70M | $1.80M |
| SG&A | $94.00M | $87.70M | $84.60M | $73.80M | $77.20M | $76.70M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $56.60M | $54.10M | $56.90M | $58.30M | $63.10M | $70.00M |
| Operating Income | $1.90M | $4.60M | $96.40M | $97.10M | $176.70M | ($60.70M) |
| Interest Expense | - | - | $2.70M | $3.90M | $5.90M | $12.20M |
| Income Tax | $3.10M | $3.30M | $27.00M | $32.00M | $5.70M | $1.20M |
| Net Income | ($1.20M) | $1.30M | $69.40M | $65.10M | $171.00M | ($61.90M) |
| EPS - Basic | ($0.03) | $0.03 | $1.58 | $1.42 | $3.73 | ($1.38) |
| EPS - Diluted | ($0.03) | $0.03 | $1.47 | $1.30 | $3.18 | ($1.38) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $156.70M | $240.70M | $280.60M | $257.20M | $259.60M | $102.80M |
| Accounts Receivable | $126.00M | $90.80M | $113.20M | $79.40M | $100.50M | $63.30M |
| Inventory | $243.20M | $219.80M | $228.00M | $192.40M | $210.90M | $178.40M |
| Accounts Payable | $151.10M | $119.20M | $133.30M | $113.20M | $141.90M | $89.50M |
| Current Assets | $553.20M | $587.30M | $656.80M | $556.60M | $582.30M | $357.60M |
| Total Assets | $1.14B | $1.12B | $1.18B | $1.08B | $1.16B | $994.00M |
| Current Liabilities | $314.90M | $281.50M | $248.40M | $186.70M | $250.80M | $181.00M |
| Long-term Debt | - | $0 | $0 | $0 | $0 | $168.60M |
| Total Liabilities | $454.20M | $426.20M | $443.70M | $395.50M | $494.30M | $486.50M |
| Stockholders' Equity | $686.00M | $690.50M | $731.60M | $686.50M | $664.60M | $616.70M |
| Retained Earnings | ($53.60M) | ($52.40M) | ($53.70M) | ($123.10M) | ($188.20M) | ($363.40M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.00M | $40.30M | $125.30M | $134.50M | $196.90M | $173.50M |
| Investing Cash Flow | ($75.20M) | ($10.80M) | ($49.90M) | ($21.70M) | ($4.80M) | ($6.00M) |
| Financing Cash Flow | ($25.20M) | ($68.90M) | ($51.90M) | ($114.60M) | ($35.30M) | ($91.80M) |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 8.2% | 9.0% | 13.7% | 9.5% | 17.1% | 1.9% |
| Operating margin | 0.2% | 0.4% | 7.1% | 7.3% | 13.8% | -7.3% |
| EBITDA margin | 5.1% | 5.4% | 11.3% | 11.7% | 18.7% | 1.1% |
| Net margin | -0.1% | 0.1% | 5.1% | 4.9% | 13.3% | -7.5% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | 0.1% | 0.1% | 0.2% |
| SG&A / Revenue | 8.1% | 8.1% | 6.2% | 5.5% | 6.0% | 9.2% |
| Effective tax rate | 163.2% | 71.7% | 28.0% | 33.0% | 3.2% | - |
| Return on assets | -0.1% | 0.1% | 5.9% | 6.0% | 14.8% | -6.2% |
| Return on equity | -0.2% | 0.2% | 9.5% | 9.5% | 25.7% | -10.0% |
| Return on invested capital | - | 0.3% | 9.5% | 9.5% | 25.7% | -6.1% |
| Liquidity | ||||||
| Current ratio | 1.76 | 2.09 | 2.64 | 2.98 | 2.32 | 1.98 |
| Quick ratio | 0.98 | 1.31 | 1.73 | 1.95 | 1.48 | 0.99 |
| Cash ratio | 0.50 | 0.86 | 1.13 | 1.38 | 1.04 | 0.57 |
| Leverage | ||||||
| Debt / Equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| Debt / Assets | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.17 |
| Debt / EBITDA | - | 0.00 | 0.00 | 0.00 | 0.00 | 18.13 |
| Interest coverage | - | - | 35.7x | 24.9x | 29.9x | -5.0x |
| Equity multiplier | 1.66 | 1.62 | 1.61 | 1.58 | 1.74 | 1.61 |
| Liabilities / Assets | 0.40 | 0.38 | 0.38 | 0.37 | 0.43 | 0.49 |
| Efficiency | ||||||
| Asset turnover | 1.02 | 0.97 | 1.16 | 1.23 | 1.11 | 0.84 |
| Inventory turnover | 4.37 | 4.49 | 5.16 | 6.25 | 5.04 | 4.57 |
| Days sales outstanding | 40d | 31d | 30d | 22d | 29d | 28d |
| Days inventory outstanding | 83d | 81d | 71d | 58d | 72d | 80d |
| Days payable outstanding | 52d | 44d | 41d | 34d | 49d | 40d |
| Cash conversion cycle | 71d | 68d | 60d | 46d | 52d | 68d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | 6.9% | -20.4% | 2.4% | 3.7% | 54.4% | -31.3% |
| Revenue CAGR (3y) | -4.5% | -5.5% | 17.9% | 3.2% | 13.8% | - |
| Revenue CAGR (5y) | 6.9% | -2.2% | 9.4% | - | - | - |
| Gross profit growth (YoY) | -2.7% | -47.6% | 47.2% | -42.4% | 1310.3% | -31.0% |
| Operating income growth (YoY) | -58.7% | -95.2% | -0.7% | -45.0% | - | 51.9% |
| Net income growth (YoY) | - | -98.1% | 6.6% | -61.9% | - | 43.7% |
| EPS growth (YoY) | - | -98.0% | 13.1% | -59.1% | - | 43.9% |
| EPS CAGR (3y) | - | -78.9% | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -0.7% | -5.6% | 6.6% | 3.3% | 7.8% | 9.5% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.16B totalSpecial Bar Quality Bars$702.60M · 60.7%
Manufactured Components$312.20M · 27.0%
Seamless Mechanical Tubing$126.40M · 10.9%
Other Products$17.10M · 1.5%
Geographic
$1.16B totalUS$1.04B · 89.7%
Non Us$118.80M · 10.3%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.76
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
4/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)
Comparing TimkenSteel Corp against the 5 most active filers in the same SIC group.