Company Quick10K Filing
Timkensteel
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 45 $351
10-Q 2019-11-06 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-02-20 Annual: 2018-12-31
10-Q 2018-10-25 Quarter: 2018-09-30
10-Q 2018-07-26 Quarter: 2018-06-30
10-Q 2018-04-26 Quarter: 2018-03-31
10-K 2018-02-20 Annual: 2017-12-31
10-Q 2017-10-26 Quarter: 2017-09-30
10-Q 2017-08-01 Quarter: 2017-06-30
10-Q 2017-04-27 Quarter: 2017-03-31
10-K 2017-03-16 Annual: 2016-12-31
10-Q 2016-10-27 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-04 Quarter: 2016-03-31
10-K 2016-02-29 Annual: 2015-12-31
10-Q 2015-11-13 Quarter: 2015-09-30
10-Q 2015-08-13 Quarter: 2015-06-30
10-Q 2015-05-11 Quarter: 2015-03-31
10-K 2015-03-02 Annual: 2014-12-31
10-Q 2014-11-13 Quarter: 2014-09-30
10-Q 2014-08-14 Quarter: 2014-06-30
8-K 2020-02-20 Earnings, Exhibits
8-K 2019-11-19 Exit Costs
8-K 2019-11-15 Officers, Other Events
8-K 2019-11-06 Earnings, Exhibits
8-K 2019-10-08 Officers, Regulation FD, Exhibits
8-K 2019-08-23 Suspend Trading, Exhibits
8-K 2019-08-12 Officers
8-K 2019-08-01 Earnings, Exhibits
8-K 2019-07-08 Regulation FD
8-K 2019-05-09 Shareholder Vote
8-K 2019-05-02 Earnings, Exhibits
8-K 2019-02-20 Earnings, Exhibits
8-K 2018-10-25 Earnings, Exhibits
8-K 2018-09-20 Officers
8-K 2018-08-09 Officers
8-K 2018-07-26 Earnings, Exhibits
8-K 2018-04-27 Officers, Shareholder Vote
8-K 2018-04-26 Earnings, Exhibits
8-K 2018-01-31 Enter Agreement, Exhibits
8-K 2018-01-25 Earnings, Exhibits

Timkensteel Financials

TMST Metrics, Comps, Filings

Annual | Quarterly

Business

TimkenSteel Corporation (we, us, our, the Company or TimkenSteel) was incorporated in Ohio on October 24, 2013, and became an independent, publicly traded company as the result of a spinoff (spinoff) from The Timken Company on June 30, 2014. In the spinoff, Timken transferred to us all of the assets and generally all of the liabilities related to Timken's steel business.

TimkenSteel traces its roots back to The Timken Roller Bearing Company, which was founded in 1899 by carriage-maker/inventor Henry Timken and his two sons. By 1913, the Company launched its first formal research facility, centered on improving the quality of the raw materials used to make its bearings. Early research demonstrated the superiority of bearing steel made in electric-arc furnaces (rather than existing Bessemer and open hearth processes), and that finding, coupled with a desire to ensure a dependable supply of premium steel in the years leading into World War I, led to the decision to competitively produce steel in-house. When The Timken Roller Bearing Company's Canton, Ohio steel plant became operational in 1917, it included one of the largest electric arc-furnace facilities in the country.

We manufacture alloy steel, as well as carbon and micro-alloy steel, with an annual melt capacity of approximately 2 million tons and shipment capacity of 1.5 million tons. Our portfolio includes special bar quality (SBQ) bars, seamless mechanical tubing (tubes), value-add solutions such as precision steel components, and billets. In addition, we supply machining and thermal treatment services, and we manage raw material recycling programs, which are used as a feeder system for our melt operations. Our products and services are used in a diverse range of demanding applications in the following market sectors: oil and gas; oil country tubular goods (OCTG); automotive; industrial equipment; mining; construction; rail; aerospace and defense; heavy truck; agriculture; and power generation.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Allegheny Technologies (ATI) 3,537 15% 13.4 4% 5,549 3,411 4,143 617 195 358 4,793
United States Steel (X) 2,621 12% 3.1 9% 11,291 6,979 14,464 1,689 1,005 1,386 4,284
Carpenter Technology (CRS) 2,244 19% 7.6 5% 3,188 1,668 2,380 445 167 364 2,767
Worthington Industries (WOR) 2,219 13% 8.5 7% 2,511 1,562 3,760 480 163 340 2,880
Gerdau (GGB) 2,145 0% 51,281 25,342 0 0 0 0 2,139
Commercial Metals (CMC) 1,817 13% 6.8 4% 3,767 2,203 5,594 734 164 442 3,002
Gibraltar Industries (ROCK) 1,272 23% 11.7 6% 907 277 1,011 231 59 102 1,190
Mechel Pao (MTL) 833 0% 317,625 550,820 0 0 0 0 833
AK Steel Holding (AKS) 722 0% 4.5 4% 4,687 4,211 6,791 0 206 581 2,626
SunCoke Energy (SXC) 574 3% 9.0 2% 2,082 1,360 1,532 40 38 148 1,324
Suncoke Energy Partners (SXCP) 531 4% 6.0 3% 1,634 1,038 908 32 52 224 1,348
Haynes (HAYN) 457 12% 17.9 1% 588 258 483 60 6 24 435
Insteel Industries (IIIN) 432 10% 11.3 6% 305 56 464 46 17 38 424
Timkensteel (TMST) 351 7% 6.3 -3% 1,180 572 1,524 106 -38 52 330
Titan International (TWI) 279 10% 8.8 -1% 1,270 926 1,575 164 -14 83 729
Northwest Pipe (NWPX) 244 11% 6.3 12% 279 55 242 27 33 37 234
Synalloy (SYNL) 140 13% 12.6 2% 281 174 314 41 4 18 226
Universal Stainless & Alloy Products (USAP) 135 13% 6.6 2% 364 123 257 33 8 31 204
Friedman Industries (FRD) 44 5% 4.9 6% 84 11 180 8 5 7 34
Ossen Innovation (OSN) 23 0% 162 42 0 0 0 0 15

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash3442262422
Accounts Receivable1678192150163
Inventory294174164224297
PP&E772769742707674
Assets1,3641,1421,0701,1571,198
Accounts Payable1205087135161
Long-Term Debt18520070
Liabilities616455472596662
Stockholders' Equity00
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue461,1068701,32943
Cost of Revenue-2281,0978971,2611,506
Gross Profit2749-2768105
R&D89888
SG&A1121111029098
Tax35-43022
Net Income104-72-106-44-32
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating9410774818
Cash Investing-130-78-43-33-39
Cash Financing70-21-482418