Gates Industrial Corporation Ltd. (GTES)
| Market Cap | 6.38B +11.1% |
| Revenue (ttm) | 3.55B +4.0% |
| Net Income | 368.40M +55.6% |
| EPS | 1.42 +57.3% |
| Shares Out | 251.14M |
| PE Ratio | 17.83 |
| Forward PE | 13.44 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,429,901 |
| Open | 25.71 |
| Previous Close | 25.35 |
| Day's Range | 25.00 - 26.17 |
| 52-Week Range | 20.88 - 30.34 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 32.61 (+28.39%) |
| Earnings Date | Oct 30, 2026 |
About GTES
Gates Industrial Corporation Ltd. manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. It offers solutions for stationary and mobile drives, engine systems, personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, V-belts, transmission belts... [Read more]
Financial Performance
In 2025, GTES's revenue was $3.44 billion, an increase of 1.03% compared to the previous year's $3.41 billion. Earnings were $251.40 million, an increase of 28.99%.
Financial StatementsAnalyst Summary
According to 12 analysts, the average rating for GTES stock is "Buy." The 12-month stock price target is $32.61, which is an increase of 28.39% from the latest price.
News
Gates Introduces Compact ThermalCool™ 2100SS Pump to Expand Data Center Portfolio
4U-Compatible Design Delivers High Performance for AI and High-Density Computing Applications DENVER, Nov. 12, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (NYSE: GTES), a global manufacture...
Gates Industrial Corporation Transcript: Baird 2026 Global Industrial Conference
Q4 2026 core growth guidance accelerated to ~6.5% YoY, alongside 23.5% H2 adjusted EBITDA margin guidance and signs of an industrial recovery. Micromobility, liquid cooling and Chain-to-Belt support longer-term growth, while ~1.5x leverage enables disciplined capital deployment.
Gates Industrial price target lowered to $30 from $32 at Evercore ISI
Evercore ISI lowered the firm’s price target on Gates Industrial (GTES) to $30 from $32 and keeps an In Line rating on the shares.
Gates Launches Poly Chain® Carbon™ ONE to Expand Chain to Belt Conversion Opportunities Across Industrial Markets
New Synchronous Belt Delivers Maintenance-Free Operation and Lower Total Cost of Ownership Than Traditional Roller-Chain Drives DENVER, Nov. 4, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (...
Gates Industrial to Participate in the Baird 2026 Global Industrial Conference
DENVER, Nov. 3, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announce...
Gates Industrial price target lowered to $27 from $29 at DA Davidson
DA Davidson lowered the firm’s price target on Gates Industrial (GTES) to $27 from $29 and keeps a Neutral rating on the shares after its Q3 results and updated outlook.
Gates Industrial price target raised to $40 from $39 at Baird
Baird analyst Michael Halloran raised the firm’s price target on Gates Industrial (GTES) to $40 from $39 and keeps an Outperform rating on the shares. The firm updated its model…
Gates Industrial price target lowered to $28 from $30 at Wells Fargo
Wells Fargo lowered the firm’s price target on Gates Industrial (GTES) to $28 from $30 and keeps an Equal Weight rating on the shares. The company’s Q3 brought record EBITDA…
Gates Industrial Corporation Earnings Call Transcript: Q3 2026
Q3 sales and core growth were solid, with record adjusted EBITDA margin and EPS. FY26 adjusted EBITDA and EPS guidance rose as industrial demand broadened; seasonality, price-cost normalization and variable compensation temper Q4 margins.
Gates Industrial Corporation Slides: Q3 2026
Gates Industrial Corporation has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 30, 2026.
Gates Industrial Corporation Earnings release: Q3 2026
Gates Industrial Corporation released its Q3 2026 earnings on October 30, 2026, summarizing the period's financial results.
Gates Industrial Corporation Quarterly report: Q3 2026
Gates Industrial Corporation has published its Q3 2026 quarterly earnings report on October 30, 2026.
Gates Industrial reports Q3 adjusted EPS 47c, consensus 44c
Reports Q3 revenue $903.6M, consensus $904.74M. Ivo Jurek, Gates Industrial’s (GTES) Chief Executive Officer, commented, “Our team executed well during the third quarter, resulting in mid-single digit...
Gates Industrial Reports Third-Quarter 2026 Results
DENVER, Oct. 30, 2026 /PRNewswire/ -- Third-Quarter 2026 Financial Summary Third-quarter net sales of $903.6 million, up 5.6% compared to the prior-year period, including a core sales increase of 5.5%...
Gates Grows Its Warehouse Automation Portfolio with IntraLogix™ LRB-100
New Live Roller Belt Replaces Conventional Fabric Construction With A More Durable Polyurethane Design to Help Reduce Maintenance and Downtime DENVER, Oct. 13, 2026 /PRNewswire/ -- Gates Industrial Co...
Gates Industrial Announces Third Quarter 2026 Earnings Release Date
DENVER, Oct. 6, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (NYSE:GTES) will issue its third-quarter earnings release before the market opens on Friday, October 30, 2026.
Timken Completes Sale of Belts Business to Gates
Divestiture improves profitability and increases company focus on core areas of expertise NORTH CANTON, Ohio, Sept. 28, 2026 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a leader in...
Gates Completes Acquisition of the Belts Business from The Timken Company
DENVER, Sept. 28, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd.
Gates Industrial Corporation Transcript: Morgan Stanley's 14th Annual Laguna Conference
Growth and margin improvement continue as industrial markets recover, with strong performance in aftermarket, data centers, and personal mobility. Asia outperforms due to local focus, and ongoing operational improvements and disciplined capital allocation support a positive outlook into 2027.
Gates Industrial Corporation Transcript: Jefferies Global Industrials Conference 2026
Raised growth guidance for Q3 and Q4, driven by strong order intake and secular growth in personal mobility and data centers. Margin expansion continues through operational efficiency and innovation, while disciplined channel management and targeted M&A support long-term growth.
Gates Industrial to Host Capital Markets Day on November 19, 2026
DENVER, Sept. 8, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd.
Gates Industrial to Participate in Upcoming Investor Conferences
DENVER, Aug. 31, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announc...
Gates Industrial initiated with a Neutral at DA Davidson
DA Davidson initiated coverage of Gates Industrial (GTES) with a Neutral rating and $29 price target The firm cites material leverage to the industrial upcycle, lower debt and “solid” free…
Gates Redefines High-Performance Racing with Historic UCI Downhill Racing Victory
Gates Belt Drive Powers First-Ever Belted Bike to Win and €100K Belted Purse Awarded DENVER, Aug. 24, 2026 /PRNewswire/ -- Gates Industrial Corporation Ltd. (NYSE: GTES), a global manufacturer of inno...
Gates Industrial price target raised to $30 from $28 at Morgan Stanley
Morgan Stanley analyst Christopher Snyder raised the firm’s price target on Gates Industrial (GTES) to $30 from $28 and keeps an Equal Weight rating on the shares. Published first on…