Gates Industrial Corporation plc (GTES)
| Market Cap | 7.31B +28.1% |
| Revenue (ttm) | 3.45B +1.6% |
| Net Income | 249.10M +14.8% |
| EPS | 0.95 +14.5% |
| Shares Out | 253.88M |
| PE Ratio | 30.54 |
| Forward PE | 16.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,066,116 |
| Open | 28.87 |
| Previous Close | 29.02 |
| Day's Range | 28.36 - 28.88 |
| 52-Week Range | 20.88 - 29.17 |
| Beta | 1.27 |
| Analysts | Buy |
| Price Target | 31.08 (+7.95%) |
| Earnings Date | Jul 29, 2026 |
About GTES
Gates Industrial Corporation plc 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-bel... [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 $31.08, which is an increase of 7.95% from the latest price.
News
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.
Gates Industrial Corporation Slides: Q1 2026
Gates Industrial Corporation has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 1, 2026.
Gates Industrial Corporation Earnings release: Q1 2026
Gates Industrial Corporation released its Q1 2026 earnings on May 1, 2026, summarizing the period's financial results.
Gates Industrial Corporation Quarterly report: Q1 2026
Gates Industrial Corporation has published its Q1 2026 quarterly earnings report on May 1, 2026.
Gates Industrial to acquire Timken’s belts business
Gates Industrial (GTES) has entered into a definitive agreement to acquire the belts business from Timken (TKR) including select manufacturing assets. Terms were not disclosed. Timken’s belts business...
Timken confirms sale of belts business to Gates Industrial, no terms disclosed
The Timken Company (TKR) announced that it has entered into a definitive agreement to sell the assets of its belts business to Gates Industrial (GTES). Financial terms of the agreement…
Timken to Sell Belts Business to Gates
Action consistent with company's portfolio 80/20 approach Expected to improve adjusted EBITDA margins of Industrial Motion segment NORTH CANTON, Ohio, May 1, 2026 /PRNewswire/ -- The Timken Company (N...
Gates Industrial reports Q1 adjusted EPS 35c, consensus 33c
Reports Q1 revenue $851.1M, consensus $859.69M. Ivo Jurek, Gates Industrial’s (GTES) Chief Executive Officer, commented, “We executed well in the first quarter, successfully implementing a new enterpr...
Gates Corporation to Expand North American Power Transmission Business with Acquisition
Gates to acquire the belts business from The Timken Company DENVER, May 1, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered po...
Gates Industrial Reports First-Quarter 2026 Results
DENVER, May 1, 2026 /PRNewswire/ -- First-Quarter 2026 Financial Summary First-quarter net sales of $851.1 million, up 0.4% compared to the prior-year period, including a core revenue decrease of 2.9%...
Gates Industrial Corporation Proxy statement: Proxy filing
Gates Industrial Corporation filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.
Gates Industrial Corporation Proxy statement: Proxy filing
Gates Industrial Corporation filed a proxy statement on April 20, 2026, providing details for shareholder voting and corporate governance matters.
Citi adds ‘upside 90-day catalyst watch’ on Gates Industrial
Citi opened an “upside 90-day catalyst watch” on shares of Gates Industrial (GTES) while keeping a By rating on the name with a $33 price target The firm sees margin…
Gates Industrial Announces Fourth-Quarter 2025 Earnings Release Date
DENVER, April 9, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its first-quarter earnings release before the market opens on Friday, May 1, 2026. Management will host a ...
Gates Industrial Corporation Slides: Investor presentation
Gates Industrial Corporation has posted slides in relation to its latest quarterly earnings report, which was published on April 7, 2026.
Gates Industrial price target lowered to $28 from $32 at Barclays
Barclays lowered the firm’s price target on Gates Industrial (GTES) to $28 from $32 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group…