Gates Industrial Corporation Ltd. (GTES)
| Market Cap | 7.42B +18.3% |
| Revenue (ttm) | 3.50B +3.3% |
| Net Income | 363.50M +79.3% |
| EPS | 1.41 +81.1% |
| Shares Out | 253.15M |
| PE Ratio | 20.82 |
| Forward PE | 16.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,631,902 |
| Open | 29.61 |
| Previous Close | 29.84 |
| Day's Range | 29.23 - 29.92 |
| 52-Week Range | 20.88 - 30.34 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 33.09 (+12.94%) |
| Earnings Date | Jul 31, 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. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-be... [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 11 analysts, the average rating for GTES stock is "Buy." The 12-month stock price target is $33.09, which is an increase of 12.94% from the latest price.
News
Gates Releases 2025 Corporate Sustainability Report
Report highlights progress across governance, technology, environment and stewardship while reinforcing Gates commitment to creating long-term value DENVER, Aug. 4, 2026 /PRNewswire/ -- Gates Industri...
Gates Industrial price target raised to $34 from $32 at JPMorgan
JPMorgan analyst Tomohiko Sano raised the firm’s price target on Gates Industrial (GTES) to $34 from $32 and keeps an Overweight rating on the shares.
Gates Industrial price target raised to $35 from $33 at Citi
Citi raised the firm’s price target on Gates Industrial (GTES) to $35 from $33 and keeps a Buy rating on the shares.
Gates Industrial price target raised to $39 from $37 at Baird
Baird analyst Michael Halloran raised the firm’s price target on Gates Industrial (GTES) to $39 from $37 and keeps an Outperform rating on the shares. The firm updated its model…
Gates Industrial price target raised to $34 from $31 at KeyBanc
KeyBanc analyst Jeffrey Hammond raised the firm’s price target on Gates Industrial (GTES) to $34 from $31 and keeps an Overweight rating on the shares. Following the company’s Q2 earnings,…
Gates Industrial Corporation Earnings Call Transcript: Q2 2026
Record Q2 sales and earnings were driven by strong industrial and aftermarket demand, with robust growth in personal mobility and commercial on-highway. Guidance for 2026 was raised across all key metrics, reflecting confidence in accelerating end-market recovery and ongoing margin expansion.
Gates Industrial Corporation Earnings release: Q2 2026
Gates Industrial Corporation released its Q2 2026 earnings on July 31, 2026, summarizing the period's financial results.
Gates Industrial Corporation Slides: Q2 2026
Gates Industrial Corporation has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 31, 2026.
Gates Industrial Corporation Quarterly report: Q2 2026
Gates Industrial Corporation has published its Q2 2026 quarterly earnings report on July 31, 2026.
Gates Industrial reports Q2 adjusted EPS 44c, consensus 42c
Reports Q2 revenue $941.6M, consensus $925.41M. Ivo Jurek, Gates Industrial’s (GTES) Chief Executive Officer, commented, “We delivered a strong second quarter, exceeding expectations. We generated rec...
Gates Industrial Reports Second-Quarter 2026 Results
DENVER, July 31, 2026 /PRNewswire/ -- Second-Quarter 2026 Financial Summary Second-quarter net sales of $941.6 million, up 6.6% compared to the prior-year period, including a core sales increase of 4....
Gates Industrial price target raised to $33 from $30 at RBC Capital
RBC Capital raised the firm’s price target on Gates Industrial (GTES) to $33 from $30 and keeps an Outperform rating on the shares as part of a broader research note…
Gates Industrial price target raised to $33 from $32 at Wolfe Research
Wolfe Research raised the firm’s price target on Gates Industrial (GTES) to $33 from $32 and keeps an Outperform rating on the shares. The firm expects Gates to report a…
Gates Industrial Announces Second-Quarter 2026 Earnings Release Date
DENVER, July 6, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) will issue its Second-quarter earnings release before the market opens on Friday, July 31, 2026. Management will hos...
Gates Industrial’s shareholders approve redomiciliation to Bermuda
Gates Industrial’s (GTES) shareholders have overwhelmingly voted in favor of the company’s proposals in connection with the company’s intention to change its place of incorporation from England and Wa...
Gates Industrial Shareholders Approve Redomiciliation
DENVER, June 25, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES) (the "Company" or "Gates Industrial Corporation") today announced that its shareholders have overwhelmingly voted in...
Gates Opens Belt Drive Technology for the Mass Market
Three new sprocket families expand belt drive specification across a broader range of bicycle OEM applications and price points DENVER, June 23, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (...
Gates Industrial price target raised to $28 from $27 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Gates Industrial (GTES) to $28 from $27 and keeps an Equal Weight rating on the shares.
Gates Industrial Corporation Proxy statement: Proxy filing
Gates Industrial Corporation filed a proxy statement on May 27, 2026, providing details for shareholder voting and corporate governance matters.
Gates Industrial Corporation Transcript: 19th Annual Global Transportation & Industrials Conference
Global demand remains strong with expansion in most end markets and stable inventories. Organic growth is expected to exceed 3.5% through the cycle, driven by secular trends in personal mobility and data center cooling, while M&A and disciplined capital allocation support future growth.
Gates Industrial Corporation Proxy statement: Proxy filing
Gates Industrial Corporation filed a proxy statement on May 8, 2026, providing details for shareholder voting and corporate governance matters.
Gates Industrial to Participate in the 19th Annual Wolfe Research Global Transportation & Industrials Conference
DENVER, May 6, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced ...
Gates Industrial price target lowered to $37 from $39 at Baird
Baird lowered the firm’s price target on Gates Industrial (GTES) to $37 from $39 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results…
Gates Industrial Corporation Earnings Call Transcript: Q1 2026
Q1 results met expectations despite ERP transition and fewer working days, with core sales down 2.9% but strong order trends and margin recovery underway. Guidance for 2026 is reiterated, supported by robust demand, a major acquisition, and improving operational efficiency.