Gates Industrial Corporation plc (GTES) quarterly cash flow statement — complete operating, investing & financing history
Gates Industrial Corporation plc (GTES) cash flow statement — 13-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 78.6M | 30.2M | 269.8M | 98M | 103M | 7.3M | 190.9M | 115.9M | 93.8M | -21M | 189.3M | 107.8M | 131.4M | 52.5M | 247M | 100.6M | 23.6M | -105.4M | 168.9M | 101.7M |
| Operating CF Margin % | 8.35% | 3.55% | 31.51% | 11.45% | 11.66% | 0.86% | 23.02% | 13.95% | 10.59% | -2.43% | 21.93% | 12.35% | 14.03% | 5.85% | 27.65% | 11.69% | 2.6% | -11.8% | 20.71% | 11.79% |
| Operating CF Growth % | -23.69% | 313.7% | 41.33% | -15.44% | 9.81% | 134.76% | 0.85% | 7.51% | -28.61% | -140% | -23.36% | 7.16% | 456.78% | 149.81% | 46.24% | -1.08% | -82.62% | -339.17% | -6.94% | 81.93% |
| Net Income | 171.1M | 66.2M | 56.3M | 88.6M | 63.1M | 68.3M | 41.1M | 55.1M | 77.6M | 46.1M | 69.1M | 85.5M | 71.2M | 30.6M | 90.1M | 51.9M | 59.1M | 37.3M | 71.1M | 78M |
| Depreciation & Amortization | 57.1M | 55.7M | 54.7M | 53.6M | 53.3M | 52.2M | 54.1M | 53.7M | 54.5M | 54.6M | 55M | 54M | 54M | 54.5M | 53.1M | 53.2M | 55.8M | 55.1M | 55.2M | 54.7M |
| Stock-Based Compensation | 15.7M | 6.3M | 4.8M | 6.7M | 9.6M | 6.1M | 8.6M | 6.4M | 5.2M | 8.6M | 7.8M | 3.3M | 6.8M | 9.5M | 9.5M | 7.2M | 3.5M | 24.1M | 6.1M | 5.7M |
| Deferred Taxes | -104.5M | -9.3M | -19.7M | 4.7M | -7.9M | -3.1M | 13M | -11.9M | -12.1M | -1.1M | -26.5M | -16.9M | -19.2M | -3.1M | -26.5M | -22.4M | -18.5M | -12.3M | -48.3M | -11.8M |
| Other Non-Cash Items | -3M | -8.3M | -7.2M | -16.9M | -2.4M | -8M | -19.2M | -4.2M | -6.4M | -18.1M | -60.2M | 12M | 11.2M | 7.7M | -26.6M | 7.3M | 14.7M | 7.7M | 6.7M | 7.9M |
| Working Capital Changes | -57.8M | -80.4M | 180.9M | -38.7M | -12.7M | -108.2M | 93.3M | 16.8M | -25M | -111.1M | 144.1M | -30.1M | 7.4M | -46.7M | 147.4M | 3.4M | -91M | -217.3M | 78.1M | -32.8M |
| Change in Receivables | -102.4M | -59.2M | 89.8M | -7.9M | -16.2M | -47.3M | 54.5M | 10.8M | -18.2M | -38.7M | 68.5M | 43.9M | -39.1M | -27.7M | 17.9M | 6.3M | -65.1M | -88.4M | 101.6M | 37.1M |
| Change in Inventory | -55.6M | 9.3M | 21M | 9.7M | -1M | -15.4M | 20M | -18M | -29.1M | -36.9M | 12.5M | -11M | 16.5M | 6.5M | 53.7M | -10.5M | -2.5M | -37.8M | -37.6M | -69.5M |
| Change in Payables | 85M | -34.1M | 45.2M | -24.2M | -19.8M | 3.1M | -2.6M | -21.8M | -2.8M | -400K | 6.6M | -22.3M | 20.5M | -22.6M | 1.4M | -11.6M | 2.9M | -8.6M | 49.8M | -16.4M |
| Cash from Investing | -14.6M | -27.2M | -32.1M | -24.9M | -31M | -31M | -24.1M | -40.2M | -20.6M | -19.5M | -23.8M | -16.9M | -11.2M | -29.9M | -19.2M | -28.9M | -17.6M | -25M | -15.4M | -20M |
| Capital Expenditures | -18.7M | -21.5M | -18.8M | -17.5M | -19.4M | -17.5M | -23.3M | -21.9M | -21.9M | -16M | -21.6M | -17.4M | -12.6M | -14.6M | -18.6M | -24.1M | -17.5M | -18M | -23M | -16.1M |
| CapEx % of Revenue | 1.99% | 2.53% | 2.2% | 2.05% | 2.2% | 2.06% | 2.81% | 2.64% | 2.47% | 1.85% | 2.5% | 1.99% | 1.35% | 1.63% | 2.08% | 2.8% | 1.93% | 2.01% | 2.82% | 1.87% |
| Acquisitions | 200K | 1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400K | 0 | 200K | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 4.2M | -6.9M | -13.3M | -7.4M | -11.6M | -13.5M | -800K | -18.2M | 1.3M | -3.5M | -2.2M | 100K | 1.4M | -15.5M | -600K | -4.8M | -100K | -7M | 7.6M | -3.9M |
| Cash from Financing | -25.7M | -25.1M | -116.2M | -101.5M | -8.8M | -24.6M | -33.2M | -95.9M | -8.7M | -148.9M | -16.6M | -81.3M | -158.3M | -2.1M | -76.1M | -49.7M | -11.5M | -115.8M | -34.6M | -11.1M |
| Debt Issued (Net) | -4.7M | 0 | -9.3M | -104.7M | -4.7M | -4.7M | -31.4M | 30M | -19.8M | -104.9M | -4.9M | -104.9M | 95.1M | -4.9M | -56.4M | -35.2M | -5M | 64.7M | -5.3M | -5.3M |
| Equity Issued (Net) | -20.1M | -16.1M | -105.7M | 5.1M | 2.9M | -11.2M | 4.9M | -122.9M | 4.6M | -47.8M | 1.2M | 800K | -246.3M | 11.3M | 700K | 1.2M | 13.1M | -175M | -10.3M | 600K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -22.1M | -16.6M | -106.3M | 0 | 0 | -13M | 0 | -125.8M | 0 | -50.3M | 0 | 0 | -251.7M | 0 | -100K | 0 | -600K | -175.2M | -10.6M | 0 |
| Other Financing | -900K | -9M | -1.2M | -1.9M | -7M | -8.7M | -6.7M | -3M | 6.5M | 3.8M | -12.9M | 22.8M | -7.1M | -8.5M | -20.4M | -15.7M | -19.6M | -5.5M | -19M | -6.4M |
| Net Change in Cash | 38.2M | -29.7M | 122.7M | -30.5M | 79.7M | -41.7M | 107.3M | -5.4M | 57.2M | -198.3M | 163.9M | -8.1M | -29.6M | 16.4M | 183M | 2.1M | -13.7M | -250.9M | 117.6M | 67.3M |
| Free Cash Flow | 60.3M | 13.5M | 251M | 73.2M | 83.6M | -18.9M | 157.5M | 87.9M | 66.6M | -39.1M | 165.1M | 90.4M | 116.2M | 37.9M | 225.7M | 76.5M | 3.5M | -123.4M | 145.9M | 81.7M |
| FCF Margin % | 6.4% | 1.59% | 29.32% | 8.55% | 9.46% | -2.23% | 18.99% | 10.58% | 7.52% | -4.53% | 19.12% | 10.36% | 12.41% | 4.22% | 25.27% | 8.89% | 0.39% | -13.81% | 17.89% | 9.47% |
| FCF Growth % | -27.87% | 171.43% | 59.37% | -16.72% | 25.53% | 51.66% | -4.6% | -2.77% | -42.69% | -203.17% | -26.85% | 18.17% | 3220% | 130.71% | 54.7% | -6.36% | -96.88% | -179.19% | -8.64% | 115.57% |
| FCF per Share | 0.24 | 0.05 | 0.97 | 0.29 | 0.32 | -0.07 | 0.60 | 0.33 | 0.25 | -0.15 | 0.62 | 0.34 | 0.42 | 0.13 | 0.79 | 0.27 | 0.01 | -0.42 | 0.49 | 0.27 |
| FCF Conversion (FCF/Net Income) | 0.46x | 0.50x | 5.26x | 1.20x | 1.82x | 0.12x | 5.22x | 2.43x | 1.33x | -0.53x | 3.01x | 1.37x | 2.02x | 1.99x | 2.91x | 1.94x | 0.44x | -3.41x | 2.69x | 1.45x |
| Interest Paid | 0 | 0 | 24.8M | 39.1M | 20.3M | 36.5M | 27.9M | 18.7M | 40.5M | 45.5M | 29.3M | 49.2M | 30.7M | 45.9M | 23.5M | 37.8M | 19.8M | 37.6M | 20.5M | 38.7M |
| Taxes Paid | 0 | 0 | 0 | 29.7M | 35M | 19.7M | 33.8M | 27.1M | 24.9M | 36.5M | 39.6M | 22.9M | 20.7M | 27.3M | 20.1M | 29M | 39.1M | 29.6M | 24.3M | 22.2M |