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Gates Industrial Corporation plc(GTES)Earnings, Financials & Key Ratios
GTES•NYSE
29.3× P/E·Price updated Jun 19, 2026
AboutGates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.Show more
- Revenue$3.44B+1.0%
- EBITDA$742M+6.7%
- Net Income$251M+29.0%
- EPS (Diluted)0.96+29.7%
- Gross Margin40.49%+1.6%
- EBITDA Margin21.55%+5.6%
- Operating Margin15.34%+9.2%
- Net Margin7.3%+27.7%
- ROE7.15%+26.3%
GTES Key Insights
Gates Industrial Corporation plc (GTES) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 25.9%
- ✓Strong Piotroski F-Score: 8/9
- ✓High quality earnings: Operating CF exceeds net income
- ✓Trading near 52-week high
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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GTES Price & Volume
Gates Industrial Corporation plc (GTES) stock price & volume — 10-year historical chart
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GTES Growth Metrics
Gates Industrial Corporation plc (GTES) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.29%
5 Years4.27%
3 Years-1.05%
TTM1.58%
Profit CAGR
10 Years26.01%
5 Years25.92%
3 Years4.42%
TTM14.85%
EPS CAGR
10 Years27.04%
5 Years28.88%
3 Years7.63%
TTM-10.84%
Return on Capital
10 Years6.5%
5 Years7.27%
3 Years7.75%
Last Year8.47%
GTES Recent Earnings
Gates Industrial Corporation plc (GTES) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 1, 2026Metric
Actual
Est
EPS
$0.35+9.4%
$0.32
Rev
$851M-1.0%
$860M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.38+2.7%
$0.37
Rev
$856M+0.3%
$853M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$0.39+2.6%
$0.38
Rev
$856M+0.2%
$854M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$0.39+0.0%
$0.39
Rev
$884M+5.5%
$837M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 1, 2026 | $0.35vs $0.32+9.4% | $851Mvs $860M-1.0% |
| Q1 2026 | Feb 12, 2026 | $0.38vs $0.37+2.7% | $856Mvs $853M+0.3% |
| Q4 2025 | Oct 29, 2025 | $0.39vs $0.38+2.6% | $856Mvs $854M+0.2% |
| Q3 2025 | Jul 30, 2025 | $0.39vs $0.39+0.0% | $884Mvs $837M+5.5% |
Based on last 12 quarters of dataView full earnings history →
GTES Peer Comparison
Gates Industrial Corporation plc (GTES) competitors in Motors, drives and motion control — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GT | 1.77B | 6.19 | -1.03 | -3.17% | -11.63% | -55.34% | 2.13 | |
 ASTE | 1.29B | 56.12 | 33.40 | 8.07% | 1.75% | 3.82% | 0.47 | |
 WMS | 11.27B | 147.12 | 27.04 | 5.03% | 13.98% | 22.18% | 0.91 | |
 TREX | 4.9B | 47.13 | 26.48 | 1.98% | 16.25% | 18.85% | 0.22 | |
 PH | 120.32B | 953.27 | 35.15 | -0.4% | 16.58% | 24.26% | 0.70 | |
 ITT | 17.6B | 196.81 | 32.21 | 8.48% | 10.8% | 13.01% | 0.23 | |
 RBC | 20.22B | 639.18 | 70.32 | 14.34% | 15.37% | 8.9% | 0.29 | |
 AIXI | 3.31M | 6.26 | -0.04 | -82.47% | -140.37% |
Compare GTES vs Peers
Gates Industrial Corporation plc (GTES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GTES Income Statement
Gates Industrial Corporation plc (GTES) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 3.04B | 3.35B | 3.09B | 2.79B | 3.47B | 3.55B | 3.57B | 3.41B | 3.44B | 3.45B |
Revenue Growth % | 10.73% | 10.06% | -7.78% | -9.53% | 24.4% | 2.3% | 0.45% | -4.54% | 1.03% | 1.58% |
Cost of Goods Sold | 1.82B | 2.02B | 1.94B | 1.76B | 2.14B | 2.3B | 2.21B | 2.05B | 2.05B | 2.06B |
COGS % of Revenue | 59.96% | 60.25% | 62.99% | 62.95% | 61.46% | 64.81% | 61.94% | 60.14% | 59.51% | - |
Gross Profit | 1.22B▲ 0% | 1.33B▲ 9.2% | 1.14B▼ 14.1% | 1.03B▼ 9.4% | 1.34B▲ 29.4% | 1.25B▼ 6.6% | 1.36B▲ 8.7% | 1.36B▼ 0.0% | 1.39B▲ 2.6% | 1.38B▲ 0% |
Gross Margin % | 40.04% | 39.75% | 37.01% | 37.05% | 38.54% | 35.19% | 38.06% | 39.86% | 40.49% | 40.13% |
Gross Profit Growth % | 14.82% | 9.24% | -14.14% | -9.44% | 29.43% | -6.62% | 8.66% | -0.03% | 2.63% | - |
Operating Expenses | 776.8M | 820.1M | 786.4M | 823.6M | 855.1M | 866.6M | 896.3M | 879.8M | 865.9M | 903.9M |
OpEx % of Revenue | 25.54% | 24.5% | 25.47% | 29.49% | 24.61% | 24.38% | 25.11% | 25.81% | 25.15% | - |
Selling, General & Admin | 777.1M | 805.8M | 777.3M | 776.9M | 852.7M | 853.7M | 882.2M | 870M | 794M | 884.2M |
SG&A % of Revenue | 25.55% | 24.07% | 25.18% | 27.82% | 24.54% | 24.02% | 24.71% | 25.53% | 23.06% | - |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 71.9M | 71.9M |
R&D % of Revenue | - | - | - | - | - | - | - | - | 2.09% | - |
Other Operating Expenses | -300K | 14.3M | 9.1M | 46.7M | 2.4M | 12.9M | 14.1M | 9.8M | 0 | 1000K |
Operating Income | 402.9M▲ 0% | 496.8M▲ 23.3% | 346.8M▼ 30.2% | 211.1M▼ 39.1% | 484.1M▲ 129.3% | 384M▼ 20.7% | 462.6M▲ 20.5% | 478.7M▲ 3.5% | 528.3M▲ 10.4% | 478M▲ 0% |
Operating Margin % | 13.25% | 14.84% | 11.23% | 7.56% | 13.93% | 10.8% | 12.96% | 14.05% | 15.34% | 13.87% |
Operating Income Growth % | 31.97% | 23.31% | -30.19% | -39.13% | 129.32% | -20.68% | 20.47% | 3.48% | 10.36% | - |
EBITDA | 615.1M | 715.3M | 569M | 429.7M | 706.7M | 601.2M | 680.1M | 695.6M | 742.1M | 639.6M |
EBITDA Margin % | 20.22% | 21.37% | 18.43% | 15.38% | 20.34% | 16.92% | 19.05% | 20.41% | 21.55% | 18.56% |
EBITDA Growth % | 12.63% | 16.29% | -20.45% | -24.48% | 64.46% | -14.93% | 13.12% | 2.28% | 6.68% | -8.41% |
D&A (Non-Cash Add-back) | 212.2M | 218.5M | 222.2M | 218.6M | 222.6M | 217.2M | 217.5M | 216.9M | 213.8M | 161.6M |
EBIT | 344.1M | 479.4M | 356.6M | 225.3M | 483.2M | 397.2M | 439.4M | 460.7M | 528.3M | 373.9M |
Net Interest Income | -230M | -196M | -159.9M | -153.7M | -132.1M | -141.6M | -156M | -156.7M | -139.4M | -107.2M |
Interest Income | 4.6M | 3.7M | 5.7M | 4.3M | 3.2M | 3.6M | 17.5M | 13.7M | 9.6M | 7.4M |
Interest Expense | 234.6M | 199.7M | 165.6M | 158M | 135.3M | 145.2M | 173.5M | 170.4M | 149M | 144.5M |
Other Income/Expense | -293.4M | -193.3M | -148M | -140.1M | -134.4M | -126.2M | -177.3M | -150.7M | -188.1M | -153.7M |
Pretax Income | 109.5M▲ 0% | 303.5M▲ 177.2% | 198.8M▼ 34.5% | 71M▼ 64.3% | 349.7M▲ 392.5% | 257.8M▼ 26.3% | 285.3M▲ 10.7% | 328M▲ 15.0% | 340.2M▲ 3.7% | 324.3M▲ 0% |
Pretax Margin % | 3.6% | 9.07% | 6.44% | 2.54% | 10.06% | 7.25% | 7.99% | 9.62% | 9.88% | 9.41% |
Income Tax | -72.5M | 31.8M | -495.9M | -19.3M | 18.4M | 14.9M | 28.3M | 107.5M | 63.1M | 49.4M |
Effective Tax Rate % | -66.21% | 10.48% | -249.45% | -27.18% | 5.26% | 5.78% | 9.92% | 32.77% | 18.55% | 15.23% |
Net Income | 151.3M▲ 0% | 245.3M▲ 62.1% | 690.1M▲ 181.3% | 79.4M▼ 88.5% | 297.1M▲ 274.2% | 220.8M▼ 25.7% | 232.9M▲ 5.5% | 194.9M▼ 16.3% | 251.4M▲ 29.0% | 249.1M▲ 0% |
Net Margin % | 4.97% | 7.33% | 22.35% | 2.84% | 8.55% | 6.21% | 6.52% | 5.72% | 7.3% | 7.23% |
Net Income Growth % | 162.22% | 62.13% | 181.33% | -88.49% | 274.18% | -25.68% | 5.48% | -16.32% | 28.99% | 14.85% |
Net Income (Continuing) | 182M | 271.7M | 694.7M | 90.3M | 331.3M | 242.9M | 257M | 220.5M | 277.1M | 208.5M |
Discontinued Operations | 0 | 0 | 0 | -300K | 0 | -400K | -600K | -600K | -800K | -300K |
Minority Interest | 413.8M | 386.3M | 359.7M | 379.3M | 381.7M | 333.6M | 323.7M | 316.7M | 355.2M | 360.9M |
EPS (Diluted) | 0.53▲ 0% | 0.84▲ 58.5% | 2.37▲ 182.1% | 0.27▼ 88.6% | 1.00▲ 270.4% | 0.77▼ 23.0% | 0.85▲ 10.4% | 0.74▼ 12.9% | 0.96▲ 29.7% | -▲ 0% |
EPS Growth % | 165% | 58.49% | 182.14% | -88.61% | 270.37% | -23% | 10.39% | -12.94% | 29.73% | -10.84% |
EPS (Basic) | 0.53 | 0.86 | 2.38 | 0.27 | 1.02 | 0.78 | 0.86 | 0.75 | 0.98 | - |
Diluted Shares Outstanding | 283.97M | 291.7M | 291.63M | 292.12M | 297.29M | 287.59M | 275.65M | 263.38M | 260.53M | 0 |
Basic Shares Outstanding | 283.97M | 285.91M | 290.06M | 290.68M | 291.62M | 284.06M | 271.88M | 259.87M | 261.88M | 0 |
Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
GTES Balance Sheet
Gates Industrial Corporation plc (GTES) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 1.83B | 1.81B | 1.96B | 1.91B | 2.28B | 2.28B | 2.4B | 2.31B | 2.48B | 2.49B |
Cash & Short-Term Investments | 564.4M | 423.4M | 635.3M | 524.1M | 660.9M | 581.4M | 720.6M | 682M | 812.1M | 785.3M |
Cash Only | 564.4M | 423.4M | 635.3M | 524.1M | 660.9M | 581.4M | 720.6M | 682M | 812.1M | 785.3M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 713.8M | 749.5M | 716.8M | 723.6M | 727.2M | 821.6M | 798.6M | 751.3M | 744.2M | 799.6M |
Days Sales Outstanding | 85.66 | 81.72 | 84.75 | 94.56 | 76.4 | 84.37 | 81.64 | 80.46 | 78.89 | 87.08 |
Inventory | 457.1M | 537.6M | 475.1M | 508.2M | 682.6M | 656.2M | 647.2M | 676M | 700M | 685.7M |
Days Inventory Outstanding | 91.49 | 97.29 | 89.18 | 105.5 | 116.69 | 103.97 | 106.83 | 120.38 | 124.69 | 125.26 |
Other Current Assets | 17.8M | 0 | 131.4M | 150.7M | 208M | 218.2M | 234.9M | 196.7M | 225.2M | 218.8M |
Total Non-Current Assets | 5.03B | 4.91B | 5.45B | 5.52B | 5.25B | 4.91B | 4.85B | 4.48B | 4.67B | 4.63B |
Property, Plant & Equipment | 686.2M | 756.3M | 850.9M | 825.9M | 794.5M | 769.7M | 750.1M | 718.9M | 746.1M | 751.5M |
Fixed Asset Turnover | 4.43x | 4.43x | 3.63x | 3.38x | 4.37x | 4.62x | 4.76x | 4.74x | 4.61x | 4.59x |
Goodwill | 2.09B | 2.05B | 2.06B | 2.12B | 2.06B | 1.98B | 2.04B | 1.91B | 2.04B | 2.02B |
Intangible Assets | 2.13B | 1.99B | 1.88B | 1.79B | 1.64B | 1.49B | 1.39B | 1.25B | 1.19B | 1.16B |
Long-Term Investments | 600K | -439.5M | 0 | 0 | 7.7M | 32.7M | 54.1M | 0 | 21M | 70.1M |
Other Non-Current Assets | -388.7M | 115.2M | 78.2M | 112.4M | 107.6M | 40M | 1.8M | 50.4M | 56.2M | 58.5M |
Total Assets | 6.85B▲ 0% | 6.72B▼ 1.9% | 7.41B▲ 10.2% | 7.43B▲ 0.2% | 7.53B▲ 1.4% | 7.19B▼ 4.5% | 7.25B▲ 0.9% | 6.79B▼ 6.5% | 7.15B▲ 5.4% | 7.12B▲ 0% |
Asset Turnover | 0.44x | 0.50x | 0.42x | 0.38x | 0.46x | 0.49x | 0.49x | 0.50x | 0.48x | 0.48x |
Asset Growth % | 7.37% | -1.91% | 10.24% | 0.2% | 1.44% | -4.53% | 0.87% | -6.45% | 5.38% | 11.71% |
Total Current Liabilities | 697.8M | 679M | 658.1M | 726.3M | 855.9M | 752.3M | 779.3M | 721.5M | 735.4M | 678.5M |
Accounts Payable | 392M | 424M | 374.7M | 417.4M | 506.6M | 469.6M | 457.7M | 408.2M | 433.7M | 396.9M |
Days Payables Outstanding | 78.46 | 76.73 | 70.33 | 86.65 | 86.6 | 74.41 | 75.55 | 72.69 | 77.26 | 71.95 |
Short-Term Debt | 66.4M | 51.6M | 65.9M | 65.3M | 60.1M | 61.4M | 36.5M | 39.1M | 62.9M | 30.9M |
Deferred Revenue (Current) | 0 | 587M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 0 | -100K | 169M | 229.6M | 255.1M | 197.8M | 0 | 0 | 211.8M | 647.6M |
Current Ratio | 2.62x | 2.67x | 2.98x | 2.63x | 2.66x | 3.03x | 3.08x | 3.20x | 3.37x | 3.67x |
Quick Ratio | 1.96x | 1.88x | 2.25x | 1.93x | 1.86x | 2.15x | 2.25x | 2.26x | 2.42x | 2.66x |
Cash Conversion Cycle | 98.68 | 102.28 | 103.6 | 113.41 | 106.48 | 113.94 | 112.92 | 128.15 | 126.33 | 140.39 |
Total Non-Current Liabilities | 4.73B | 3.71B | 3.74B | 3.52B | 3.2B | 3B | 2.93B | 2.72B | 2.73B | 2.71B |
Long-Term Debt | 3.89B | 2.95B | 2.91B | 2.67B | 2.53B | 2.43B | 2.42B | 2.31B | 2.32B | 135.5M |
Capital Lease Obligations | 0 | 1.9M | 117.6M | 113.6M | 118.6M | 123.5M | 110.6M | 127.3M | 126.2M | 381M |
Deferred Tax Liabilities | 517.1M | 439.5M | 369.3M | 360.4M | 283.7M | 192M | 119.4M | 56.8M | 49.3M | 203.3M |
Other Non-Current Liabilities | 321.1M | 315.1M | 343.3M | 375M | 266.9M | 253.8M | 286.3M | 228.9M | 230.5M | 2.53B |
Total Liabilities | 5.43B | 4.39B | 4.4B | 4.24B | 4.05B | 3.75B | 3.71B | 3.45B | 3.46B | 3.39B |
Total Debt | 3.96B | 3B | 3.1B | 2.84B | 2.71B | 2.61B | 2.56B | 2.48B | 2.51B | 166.4M |
Net Debt | 3.39B | 2.58B | 2.46B | 2.32B | 2.04B | 2.03B | 1.84B | 1.8B | 1.7B | -618.9M |
Debt / Equity | 2.77x | 1.29x | 1.03x | 0.89x | 0.78x | 0.76x | 0.72x | 0.74x | 0.68x | 0.04x |
Debt / EBITDA | 6.43x | 4.20x | 5.44x | 6.62x | 3.83x | 4.34x | 3.77x | 3.56x | 3.38x | 0.26x |
Net Debt / EBITDA | 5.51x | 3.61x | 4.32x | 5.40x | 2.89x | 3.38x | 2.71x | 2.58x | 2.29x | -0.97x |
Interest Coverage | 1.47x | 2.40x | 2.15x | 1.43x | 3.57x | 2.74x | 2.53x | 2.70x | 3.55x | 2.59x |
Total Equity | 1.43B▲ 0% | 2.33B▲ 63.4% | 3.01B▲ 29.0% | 3.19B▲ 5.8% | 3.48B▲ 9.3% | 3.44B▼ 1.1% | 3.54B▲ 2.9% | 3.34B▼ 5.7% | 3.69B▲ 10.4% | 3.73B▲ 0% |
Equity Growth % | 33.7% | 63.38% | 29.01% | 5.79% | 9.31% | -1.09% | 2.91% | -5.75% | 10.45% | 29.99% |
Book Value per Share | 5.03 | 8.00 | 10.32 | 10.90 | 11.71 | 11.97 | 12.86 | 12.68 | 14.16 | - |
Total Shareholders' Equity | 1.01B | 1.95B | 2.65B | 2.81B | 3.1B | 3.11B | 3.22B | 3.02B | 3.33B | 3.37B |
Common Stock | 1.63B | 2.9M | 2.9M | 2.9M | 2.9M | 2.8M | 2.6M | 2.6M | 2.6M | 0 |
Retained Earnings | 136.9M | 381.9M | 1.07B | 1.15B | 1.44B | 1.48B | 1.46B | 1.48B | 1.65B | 1.67B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -37.5M | 0 |
Accumulated OCI | -747.4M | -854.3M | -858.4M | -805.4M | -825.2M | -917.8M | -828.5M | -1.08B | -917.1M | -925.4M |
Minority Interest | 413.8M | 386.3M | 359.7M | 379.3M | 381.7M | 333.6M | 323.7M | 316.7M | 355.2M | 360.9M |
GTES Cash Flow Statement
Gates Industrial Corporation plc (GTES) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 313.5M | 313.5M | 348.9M | 309M | 382.4M | 265.8M | 481M | 379.6M | 478.1M | 501M |
Operating CF Margin % | 10.31% | 9.36% | 11.3% | 11.06% | 11.01% | 7.48% | 13.47% | 11.14% | 13.89% | - |
Operating CF Growth % | -15.64% | 0% | 11.29% | -11.44% | 23.75% | -30.49% | 80.96% | -21.08% | 25.95% | 349.39% |
Net Income | 182.7M | 271.1M | 694.1M | 90M | 331.3M | 242.5M | 256.4M | 219.9M | 251.4M | 249.1M |
Depreciation & Amortization | 212.2M | 218.5M | 222.2M | 218.6M | 222.6M | 217.2M | 217.5M | 216.9M | 213.8M | 217.3M |
Stock-Based Compensation | 5.4M | 6M | 15M | 19.8M | 24.6M | 44.3M | 27.4M | 28.8M | 27.2M | 27.4M |
Deferred Taxes | -162.8M | -64.9M | -648.4M | -47.7M | -94.3M | -79.7M | -65.7M | -12.1M | -26M | -32.2M |
Other Non-Cash Items | 103.1M | 47.3M | 7.2M | 22.2M | 24.2M | -1M | -29.3M | -47.9M | -9.6M | -110.2M |
Working Capital Changes | -27.1M | -164.5M | 58.8M | 6.1M | -126M | -157.5M | 74.7M | -26M | 21.3M | 129.5M |
Change in Receivables | -24.6M | -49.6M | 41.8M | 9.7M | -22.3M | -129.3M | 45.6M | 8.4M | 18.4M | 6.5M |
Change in Inventory | -45.4M | -96.1M | 65.1M | -22.1M | -192.4M | 2.9M | 24.5M | -64M | 14.3M | 39M |
Change in Payables | 49.9M | 42.1M | -48.2M | 28.6M | 99.6M | -15.9M | -17.8M | -27.6M | 4.3M | -32.9M |
Cash from Investing | -220.6M | -243.6M | -78M | -77.5M | -86M | -90.7M | -81.8M | -104.4M | -119M | -115.2M |
Capital Expenditures | -111.1M | -182.7M | -83.1M | -67.4M | -87M | -77.6M | -61.2M | -83.1M | -73.2M | -72.4M |
CapEx % of Revenue | 3.65% | 5.46% | 2.69% | 2.41% | 2.5% | 2.18% | 1.71% | 2.44% | 2.13% | 2.1% |
Acquisitions | -110.7M | -50.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 1.2M | -10M | 5.1M | -10.1M | 1M | -13.1M | -20.6M | -15M | -45.8M | -42.8M |
Cash from Financing | -75.3M | -198.9M | -59.3M | -353.8M | -148.6M | -253.1M | -258.3M | -286.7M | -251.1M | -251.6M |
Debt Issued (Net) | -32.2M | -933.5M | -25.1M | -331.2M | -91M | -31.9M | -19.6M | -108.4M | -123.4M | -118.7M |
Equity Issued (Net) | -1M | 799.7M | 1.8M | 3.1M | -6M | -160M | -233M | -161.2M | -108.9M | -97.7M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | -1.6M | 0 | 0 | 0 | -10.6M | -175.9M | -251.7M | -176.1M | -119.3M | -122.9M |
Other Financing | -42.1M | -65.1M | -36M | -25.7M | -51.6M | -61.2M | -5.7M | -17.1M | -18.8M | -35.2M |
Net Change in Cash | 37.2M▲ 0% | -141.4M▼ 480.1% | 212M▲ 249.9% | -112.5M▼ 153.1% | 136.8M▲ 221.6% | -79.5M▼ 158.1% | 142.6M▲ 279.4% | -39.2M▼ 127.5% | 130.2M▲ 432.1% | 145.1M▲ 0% |
Free Cash Flow | 202.4M▲ 0% | 130.8M▼ 35.4% | 265.8M▲ 103.2% | 241.6M▼ 9.1% | 295.4M▲ 22.3% | 178.8M▼ 39.5% | 409.6M▲ 129.1% | 296.5M▼ 27.6% | 404.9M▲ 36.6% | 421.3M▲ 0% |
FCF Margin % | 6.65% | 3.91% | 8.61% | 8.65% | 8.5% | 5.03% | 11.47% | 8.7% | 11.76% | 12.22% |
FCF Growth % | -33.31% | -35.38% | 103.21% | -9.1% | 22.27% | -39.47% | 129.08% | -27.61% | 36.56% | 43.74% |
FCF per Share | 0.71 | 0.45 | 0.91 | 0.83 | 0.99 | 0.62 | 1.49 | 1.13 | 1.55 | - |
FCF Conversion (FCF/Net Income) | 2.07x | 1.28x | 0.51x | 3.89x | 1.29x | 1.20x | 2.07x | 1.95x | 1.90x | 1.69x |
Interest Paid | 198M | 157.9M | 150.8M | 135.7M | 121.2M | 118.7M | 155.1M | 132.6M | 120.7M | 84.2M |
Taxes Paid | 84.8M | 114M | 108.8M | 60.4M | 83M | 117.8M | 110.5M | 122.3M | 111.5M | 64.7M |
GTES Key Ratios
Gates Industrial Corporation plc (GTES) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 12.12% | 13.04% | 25.83% | 2.56% | 8.91% | 6.38% | 6.67% | 5.66% | 7.15% | 6.76% |
Return on Invested Capital (ROIC) | 6.57% | 7.65% | 5.01% | 2.88% | 6.58% | 5.24% | 6.39% | 6.82% | 7.53% | 7.45% |
Gross Margin | 40.04% | 39.75% | 37.01% | 37.05% | 38.54% | 35.19% | 38.06% | 39.86% | 40.49% | 40.13% |
Net Margin | 4.97% | 7.33% | 22.35% | 2.84% | 8.55% | 6.21% | 6.52% | 5.72% | 7.3% | 7.23% |
Debt / Equity | 2.77x | 1.29x | 1.03x | 0.89x | 0.78x | 0.76x | 0.72x | 0.74x | 0.68x | 0.04x |
Interest Coverage | 1.47x | 2.40x | 2.15x | 1.43x | 3.57x | 2.74x | 2.53x | 2.70x | 3.55x | 2.59x |
FCF Conversion | 2.07x | 1.28x | 0.51x | 3.89x | 1.29x | 1.20x | 2.07x | 1.95x | 1.90x | 1.69x |
Revenue Growth | 10.73% | 10.06% | -7.78% | -9.53% | 24.4% | 2.3% | 0.45% | -4.54% | 1.03% | 1.58% |
Related:GTES Dividend History·GTES Revenue History·GTES Price History·GTES P/E History·GTES Financial Ratios·GTES Institutional Holders
GTES SEC Filings & Documents
Gates Industrial Corporation plc (GTES) SEC filings — annual & quarterly reports (10-K, 10-Q)
GTES Frequently Asked Questions
Gates Industrial Corporation plc (GTES) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Gates Industrial Corporation plc (GTES) reported $3.45B in revenue for fiscal year 2025. This represents a 18% increase from $2.92B in 2012.
Gates Industrial Corporation plc (GTES) grew revenue by 1.0% over the past year. Growth has been modest.
Yes, Gates Industrial Corporation plc (GTES) is profitable, generating $249.1M in net income for fiscal year 2025 (7.3% net margin).
Dividend & Returns
Gates Industrial Corporation plc (GTES) has a return on equity (ROE) of 7.2%. This is below average, suggesting room for improvement.
Gates Industrial Corporation plc (GTES) generated $421.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.