Gates Industrial Corporation plc (GTES)
NYSE: GTES · Real-Time Price · USD
18.42
-0.91 (-4.71%)
Mar 28, 2025, 4:00 PM EDT - Market closed
GTES Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 | 2020 - 2016 |
| Revenue | 3,408 | 3,570 | 3,554 | 3,474 | 2,793 | Upgrade
|
| Revenue Growth (YoY) | -4.54% | 0.45% | 2.30% | 24.40% | -9.53% | Upgrade
|
| Cost of Revenue | 2,048 | 2,211 | 2,301 | 2,134 | 1,756 | Upgrade
|
| Gross Profit | 1,360 | 1,359 | 1,253 | 1,341 | 1,037 | Upgrade
|
| Selling, General & Admin | 864.6 | 866.8 | 853.2 | 852 | 767 | Upgrade
|
| Other Operating Expenses | - | 0.2 | 0.2 | -9.3 | -1 | Upgrade
|
| Operating Expenses | 864.6 | 867 | 853.4 | 842.7 | 766 | Upgrade
|
| Operating Income | 495.7 | 492.4 | 399.5 | 497.9 | 271.1 | Upgrade
|
| Interest Expense | -155.8 | -163.2 | -139.4 | -133.5 | -154.3 | Upgrade
|
| Interest & Investment Income | 13.7 | 17.5 | - | - | - | Upgrade
|
| Currency Exchange Gain (Loss) | 20.4 | 18.4 | - | - | 3.4 | Upgrade
|
| Other Non Operating Income (Expenses) | -18.9 | -53 | 13.2 | -0.9 | 8.9 | Upgrade
|
| EBT Excluding Unusual Items | 355.1 | 312.1 | 273.3 | 363.5 | 129.1 | Upgrade
|
| Merger & Restructuring Charges | -14.5 | -15.4 | -15.5 | -13.8 | -58.1 | Upgrade
|
| Gain (Loss) on Sale of Assets | -12.7 | - | - | - | - | Upgrade
|
| Other Unusual Items | 0.1 | -11.4 | - | - | - | Upgrade
|
| Pretax Income | 328 | 285.3 | 257.8 | 349.7 | 71 | Upgrade
|
| Income Tax Expense | 107.5 | 28.3 | 14.9 | 18.4 | -19.3 | Upgrade
|
| Earnings From Continuing Operations | 220.5 | 257 | 242.9 | 331.3 | 90.3 | Upgrade
|
| Earnings From Discontinued Operations | -0.6 | -0.6 | -0.4 | - | -0.3 | Upgrade
|
| Net Income to Company | 219.9 | 256.4 | 242.5 | 331.3 | 90 | Upgrade
|
| Minority Interest in Earnings | -25 | -23.5 | -21.7 | -34.2 | -10.6 | Upgrade
|
| Net Income | 194.9 | 232.9 | 220.8 | 297.1 | 79.4 | Upgrade
|
| Net Income to Common | 194.9 | 232.9 | 220.8 | 297.1 | 79.4 | Upgrade
|
| Net Income Growth | -16.32% | 5.48% | -25.68% | 274.18% | -88.49% | Upgrade
|
| Shares Outstanding (Basic) | 259 | 272 | 284 | 292 | 291 | Upgrade
|
| Shares Outstanding (Diluted) | 265 | 276 | 288 | 297 | 292 | Upgrade
|
| Shares Change (YoY) | -3.98% | -4.15% | -3.26% | 1.77% | 0.17% | Upgrade
|
| EPS (Basic) | 0.75 | 0.86 | 0.78 | 1.02 | 0.27 | Upgrade
|
| EPS (Diluted) | 0.74 | 0.84 | 0.77 | 1.00 | 0.27 | Upgrade
|
| EPS Growth | -11.95% | 9.01% | -23.14% | 271.78% | -88.64% | Upgrade
|
| Free Cash Flow | 296.5 | 419.8 | 188.2 | 304.7 | 250.8 | Upgrade
|
| Free Cash Flow Per Share | 1.12 | 1.52 | 0.65 | 1.02 | 0.86 | Upgrade
|
| Gross Margin | 39.91% | 38.08% | 35.25% | 38.59% | 37.13% | Upgrade
|
| Operating Margin | 14.54% | 13.79% | 11.24% | 14.33% | 9.71% | Upgrade
|
| Profit Margin | 5.72% | 6.52% | 6.21% | 8.55% | 2.84% | Upgrade
|
| Free Cash Flow Margin | 8.70% | 11.76% | 5.29% | 8.77% | 8.98% | Upgrade
|
| EBITDA | 712.6 | 709.9 | 616.7 | 720.5 | 489.7 | Upgrade
|
| EBITDA Margin | 20.91% | 19.88% | 17.35% | 20.74% | 17.53% | Upgrade
|
| D&A For EBITDA | 216.9 | 217.5 | 217.2 | 222.6 | 218.6 | Upgrade
|
| EBIT | 495.7 | 492.4 | 399.5 | 497.9 | 271.1 | Upgrade
|
| EBIT Margin | 14.54% | 13.79% | 11.24% | 14.33% | 9.71% | Upgrade
|
| Effective Tax Rate | 32.77% | 9.92% | 5.78% | 5.26% | - | Upgrade
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| Advertising Expenses | 15.6 | 14 | 16.8 | 12 | 6.7 | Upgrade
|
Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.